Question 1

Do Ethereum Staking Rewards with Hord Compound?

Accepted Answer

Yes!

Hord’s APR is comprised of ETH staking rewards, MEV and Hord token rewards. MEV rewards on Hord’s hETH staking platform are auto-compounded back into the pool to maximize APRs. Auto-compounding MEV rewards are one of the reasons why Hord can offer the highest rewards as an ETH staking platform.

Question 2

How does Hord Staking Work?

Accepted Answer

The Ethereum network underwent a transition known as "The Merge" on September 6th, 2022, moving from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) system. Through the Merge, Ethereum's mainnet and the beacon chain were combined.

Users can stake 32 Ethereum in the Proof-of-Stake network in order to run a validator. As an incentive, these validators receive transaction fees for verifying transactions on the network.

The process of staking Ethereum on your own requires some technical expertise, a dedicated computer connected to the internet, and 32 ETH in order to run a node. Staking ETH through dedicated platforms such as Hord or on exchanges may be popular due to the difficulty.

Staking ETH at Hord

Hord has launched a liquid ETH staking platform with the highest APRs, lowest fees, and an intuitive user interface. The most significant benefit is that there is no minimum stake requirement, so users can stake as much as they want. For stakers, the platform also has minimal fees for staking and unstaking ETH.

Users receive hETH in exchange for staking ETH at Hord, which represents their staked ETH combined with rewards. Thus, hETH is expected to have a higher value than ETH.

Aside from being traded on Hord's DEX, hETH can also be withdrawn for its underlying ETH value following Ethereum's Shanghai upgrade.

hETH and ETH Staking Rewards at Hord

Hord offers the most competitive rewards in the blockchain industry for staking ETH. MEV, auto-compounding, and additional H

Question 3

What is Liquid ETH Staking?

Accepted Answer

Liquid ETH staking is a process in which users can lock up their Ether (ETH) tokens in a smart contract and receive tradable liquid tokens in return. At Hord, the liquid token is called hETH and it represents users staked ETH combined with rewards. This makes liquid ETH staking a more liquid and flexible form of staking compared to other crypto staking options.

Question 4

How do I get hETH?

Accepted Answer

There are two ways to receive hETH. You can stake ETH on Hord’s platform and receive hETH proportionately to the amount of ETH you’ve staked. Alternatively, you can purchase and trade hETH on DEXs.

Here is the contract address of hETH: 0x5bbe36152d3cd3eb7183a82470b39b29eedf068b

You can stake ETH here to get hETH, or purchase it from Uniswap.

Question 5

How Can I Contact Hord for Marketing Collaborations?

Accepted Answer

If you are eager to explore exciting marketing collaborations with Hord, your gateway to innovative opportunities starts here! For inquiries and partnership proposals, reach out to us via email at hello@hord.fi.

Question 6

Which Cold Wallets Support hETH?

Accepted Answer

Any cold storage wallet that supports Ethereum and ERC-20 tokens can store hETH. Ledger and Trezor cold storage wallets are popular choices that can connect easily to Hord’s interface.

Why can't I see my hETH on Metamask?

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