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Unclear statements in ETH 2 launchpad FAQ page
Hey there,
I was reading the FAQ in https://launchpad.ethereum.org/faq and these two particular answers stood out to me:
How much ETH does a validator need to stake? Before a validator can start to secure the network, he or she needs to stake 32 ETH. This forms the validator’s initial balance.
Is there any advantage to having more than 32 ETH at stake? No. There is no advantage to having more than 32 ETH staked. Limiting the maximum stake to 32 ETH encourages decentralization of power as it prevents any single validator from having an excessively large vote on the state of the chain. Remember that a validator’s vote is weighted by the amount it has at stake.
On my first read, I was confused as to how a validator's vote is weighted by the amount it has at stake. I understood that both the minimum and maximum ETH required to stake is 32, whereas it's a bit more nuanced.
I think that this would be clearer if we mention the following: 32 ETH is the minimum needed to initially active the validator. You can eventually stake less than that (e.g if you withdraw in the future, or penalties lower you below 32) but to start staking you need 32.
I appreciate your concern here, but your correction is not quite correct. You will not be able to withdraw any part of your balance if your balance is <=32 ETH. Basically you will only be able to withdraw the excess over 32 ETH such that after the withdrawal you have at least 32 ETH.
Thanks, that's a good clarification