Two-thirds of Ethereum holders plan to wager their coins when ETH 2.0 goes live in the coming months.

The Ethereum-centric blockchain technology company (ETH), ConsenSys, has published a report analyzing the staking and custody preferences of ETH holders.

The report finds that two-thirds of Bitcoin Loophole – Bitcoin Circuit – Bitcoin Gemini – Bitcoin Machine – Bitcoin Rush plan to bet their currencies once the first phase of ETH 2.0’s deployment is complete.

Interestingly, ETH holders who plan to run their own validation nodes expect to receive lower annualized rewards than those who plan to bet through a third-party provider.

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Staking preferences indicate the counterparty risk thresholds
Of the 287 respondents, the largest segment stated that they plan to use a third party provider for gambling with 33.1% of the participants. The segment was found to „exhibit the relatively highest ratio of ETH storage in an exchange. They also reported a basic understanding of the economics of ETH 2.0.

Although they plan to cede a portion of their betting rewards to third party providers, the demographers expect an average annual return of 7.6%. Respondents who plan to operate their own nodes, on the other hand, expect an annual reward of 5.8%.

Participants planning to operate their own nodes were found to „contain the relatively largest amount of ETH“ and reported having the strongest knowledge of ETH’s economy. It was also found that these respondents stored most of their ETH in hardware portfolios.

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Those who don’t want to gamble lack resources
Only 2.8% of the respondents indicated that they definitely do not plan to bet their ETH, citing lack of possessions as the main reason. Most of these respondents keep their assets in portfolios without custody, and identified themselves as the ones who understand less about the economy that supports ETH 2.0.

14.6% of those surveyed were undecided, citing „the desire to wait and see“ as the main basis for their caution. Undecided respondents have the highest expectations to bet on the rewards, anticipating returns of 9.4% per year.

The remaining 16.7% of respondents provided only a partial response.

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