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What is Ankr Staking?

Crypto Terms Glossary: What is Ankr Staking?

Ankr staking (previously known as Stkr) is a system that employs assets such as aETH — Ankr's version of Ethereum's ETH, or ether — to address the current liquidity and accessibility hurdles associated with staking on the Ethereum Consensus Layer (formerly known as Ethereum 2.0). Normally, would-be validators must stake a minimum of 32 ETH to earn yearly staking rewards. In response, Ankr developed a unique model that improves the accessibility and liquidity of staking on Ethereum by allowing stakers to stake a smaller fractional amount of ETH via Ankr's aETH (essentially creating a staking pool).

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