Meanwhile, you can swap BETH to ETH on a 1:1 basis and receive the amount equivalent to your current BETH amount. You can redeem your ETH once the first phase is complete and ETH 2.0 implements shard chains. This can be read in the following extract from the Eth 2.0 staking page: They also say on their own website that the conversion will be made after the Eth 2.0 merge AND sharding is implemented, which is something that is scheduled to be implemented a little while after the official merge. They could decide to screw everyone over and change their 1:1 ratio at the last minute, for example, and there is not much anyone could do about it. For a complete list of rules and an Ethereum getting started guide, click here.Īlthough I do think Binance is trustworthy and I do personally stake on Beth, the onus still lies on Binance to conduct the conversion after the Eth 2.0 merge.Exceptions may be made on a discretionary basis. Posts and comments must be made from an account at least 10 days old with a minimum of 20 comment karma.Please provide accurate translations where appropriate. No creating multiple accounts to get around Reddit rules.Keep mining discussion to subreddits such as /r/EtherMining.For deeper Ethereum dev discussion also see r/ethdev.While posts on POS and staking are allowed, also see r/ethstaker. Keep price discussion and market talk, memes & exchanges to subreddits such as /r/ethfinance/ or /r/ethtrader.This includes, but is not limited to: personal attacks, threats of violence, gossip, slurs of any kind, posting people's private information. Welcome to r/Ethereum, the front page of web3.
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