Competitive Advantages

At present, the targeted ETH2.0 staking service on the market can be summarized as "two categories of four modes."

· Custodian

The biggest advantage of hosting is that it encapsulates the technical thresholds for node construction and maintenance, leaving the average user completely unaware of hard software settings, slash penalties, and so on.

1) Full hosting

The verification node operation and maintenance do not need to be considered by fully managed users that the custodian will handle all of the transactions., Users will only need to simply transfer the ETH which need to be staked to custodian, and the custodian will be responsible for all of the users managed, operation and maintenance validator nodes. Besides, the commissions will only be drawn on the stake proceeds. The stake mode has no minimum stake requirements for users.

Similarly, during the staking period, users no longer have the right to control the assets and to know the details of the staking, and it is not even known whether the custodial assets are used for staking. So, credit and brand are very important for the custodial.

2) Pooled Staking

On the basis of full hosting, the staking pool solution not only supports small-amount (less than 32 ETH) staking, but also solves the liquidity problem caused by long-term staking of deposits. The most representative is the Ethereum Staking-related services of major centralized exchanges such as Binance and OKX. The basic model is locking ETH on the trading platform, and the trading platform collects all of the tokens from platform users and locks them through official pools.

The biggest advantage is that one-click staking without technical limit, no need for minimum 32 ETH requirement, and liquidity is also given in the form of centralized guarantee.

In addition, not only centralized exchanges, but also specialized ETH staking protocols such as Lido Finance and Rocket Pool can also allow users to obtain staking income without locking ETH, and issue 1:1 staking certificates to make up for liquidity.

·Non-custodial

Non-custodial is decentralized, so ETH assets are still in the user's wallet, which distinguishes them from custody.

1) Self-built node

Non-custodial staking, namely, users run and maintain nodes on their own computers. However, it requires excellent technical skills and rich experience on node operation and maintenance.

Therefore, the advantage is that users have maximum control over self-built nodes, and there is no centralization risk of centralized hosting, however, it requires more funds and professionalism, so it is difficult for ordinary users to participate.

2) Staking as a service

After the wallet on the Beacon chain is created, there are two sets of keys are generated, namely the withdrawal key and the validator key: the withdrawal key and the validator key do not required to be controlled by the same entity, which provides greater flexibility for the service form of ETH staking, and is also the core idea of staking as a service solutions represented by imToken:

In general, the advantages and disadvantages of custodial and non-custodial are as follows:

Minimum staking size

staking difficulty

liquidity

Custodial

Full hosting

>0.01ETH

one-click staking

low, lock

Pooled staking

>0.1ETH

one-click staking

high,1:1 release tokens

Non-custodial

Self-built node

≥32ETH

High difficulty of operation and maintenance

low, lock

Staking as a service

≥32ETH

one-click staking

low, lock

Unamano Platform Staking Mode:

In the Unamano 1.0 stage, we will provide a path for users to stake ETH on Lido, which is a mature staking solution to ensure the stable and sustainable operation of the project in the early stage.

Users will obtain the stETH once ETH being staked, and receive the reward based on the amount of stETH.

When the ETH2.0 mainnet goes online, we will smoothly switch to Unamano’s own mainnet node according to the mainnet plan.

Unamano adopts contract custody, in which the assets are staked and hosted in the smart contract. The node stake is processed through the smart contract plus the multi-party signature of the platform. After the user stake, the corresponding stake certificate uETH is obtained, and staking rewards which can be claimed depend on the amount of uETH.

Staking Service Provider - LIDO

Lido is a non-custodial liquid staking protocol for Ethereum, Solana, Kusama, Polygon and Polkadot

Lido stakes ETH to the Ethereum smart contract and receives stETH as a receipt. The balance of stETH Token will be adjusted over time to reflect the distribution of staking rewards generated by the contract. It solves the pain point that the locked ETH cannot be used, and releases the liquidity of the ETH locked by stake.

Currently, Lido has surpassed Curve and Uniswap, ranking second only to MakerDAO as the DeFi protocol with the largest TVL amount. The TVL growth rate is as high as 18% in 7 days, and the total value of Lido TVL is currently as high as $6.86billion.

Staking Service Provider - Rocket Pool

Rocket Pool is the first staking pool protocol, designed to be compatible with staking in Ethereum 2.0 that is community-owned, decentralized and trustless. Rocket Pool has been built since 2016, but the actual launch is in November 2021. Rocket Pool only focuses on ETH.

When staking ETH into the Rocket Pool smart contract, users will immediately get a token called rETH and return rETH at the same time. However, rETH is far less liquid than stETH.

Staking Service Provider - StakeWise

StakeWise Pool is a non-custodial validator network, the balance of ETH deposits and rewards is reflected in sETH2 (staking ETH) and rETH2 (rewarding ETH) minted to stakers in a 1:1 ratio

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