GyeongjuGloryDaysFestival
Mon May 13 2024
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7 answers
1569
What is the yield of ETH stETH?
Could you kindly explain to me what the yield is for ETH and stETH? I've been hearing a lot about these cryptocurrencies and their potential returns, but I'm still a bit hazy on the concept of yield in this context. Could you break it down for me? Is the yield a fixed percentage or does it fluctuate? How is it calculated, and what factors influence its movement? Also, is there a significant difference in yield between ETH and stETH? I'm eager to understand these nuances and make informed decisions about my investments. Thank you for your assistance.
CryptoWizardry
Mon May 13 2024
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5 answers
916
Can I convert USDC to ETH?
I'm just wondering, is it possible to convert my USDC to ETH? I've been hearing a lot about Ethereum and its potential, and I'm considering diversifying my crypto portfolio. But before I make any moves, I just want to make sure that I can actually convert my USDC to ETH without any hassle. Could you please provide some insights on this? It would be really helpful if you could also explain the process involved, if it's not too much trouble. Thank you in advance for your help!
SolitudeSeeker
Mon May 13 2024
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7 answers
1950
Do I need ETH to send ERC-20 tokens?
I'm not quite sure about this, could you please clarify? Do I actually need to have some ETH in my wallet in order to send ERC-20 tokens? I've heard different opinions on this matter and I'm a bit confused. Some say that ETH is just a means of payment for the gas fees, while others insist that you must hold a certain amount of ETH as a prerequisite for sending ERC-20 tokens. Could you help me understand this better? It would be great if you could provide a clear and concise answer, as I'm trying to get a grasp of the intricacies of cryptocurrency transactions. Thank you in advance for your assistance!
KimonoElegance
Mon May 13 2024
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5 answers
1380
Can you send ETH on ERC-20?
Excuse me, I have a question about cryptocurrency transactions. Could you please tell me if it's possible to send ETH on the ERC-20 standard? I'm trying to understand the technicalities of these transactions and I'm a bit confused. ETH is obviously Ethereum's native token, but I'm not sure if it's compatible with ERC-20, which is a token standard for Ethereum-based tokens. Could you clarify this for me? It would be greatly appreciated if you could explain in detail how the process works, if it's indeed possible to send ETH on ERC-20.
Tommaso
Mon May 13 2024
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6 answers
1244
What is stETH vs ETH?
Could you please explain the difference between stETH and ETH to me? I've been hearing about them but am still a bit fuzzy on the distinction. I understand that they both have something to do with Ethereum, but what are the key differences between them? Is stETH a derivative of ETH or a separate entity? How does the staking mechanism involved in stETH work? And why do some people prefer stETH over regular ETH? I'm eager to gain a deeper understanding of these two concepts.
