With the recent launch of Ethereum 2.0, people are now rushing to the launchpad for staking
But is it worth it?
The rewards are looking very appealing but the stake is going to stay illiquid for a long time. Will a third party staking provider help in mitigating some risk?
Of course it will be illiquid because it is staking. No need for a third party staking provider, it will just complicate things in an already complicated process. At this point? we can't really say if it's worth it because the initial capital is too big, at least for me. And only those who can afford it can make money in the beginning, that is if the business model can really pay you out, so let's see how it goes.
Third parties provide advantages and disadvantages to those who are interested to stake ETH.
But if your concern is the huge starting amount of ETH to be able to participate in the staking, third parties will really be an advantage. On your own, you need 32 ETH to become a validator. But participating in the likes of Binance Staking, you only need to have at least 0.0001 ETH to join and earn profit and additional rewards.
Yeah, but with that small amount=small rewards as well so I don't know if it will be satisfying to join the Binance staking, but as well do your trade as average joe's and squeezing some profit in a week or two and earn more than 0.0001 ETH. And as pointed out by @FanEagle, your money will be lock for a long time.
The annual return is just numbers for now, as we haven't fully grasp how big or small it will really be.