I’m not sure how to tell if the Ankr/Stkr app will work as described, or if there is some kind of possibility that they could refuse to honor the ankrETH turn-in after the staking period ends, but I can describe my experience:
I have staked 4.5 ETH on Stkr. I received 4.47 ankrETH in return, which I have staked at ONX for farming. I’m promised a ~12% return on my ankrETH when staking ends, so my 4.47 will be worth ~5 ETH for turn-in. I don’t have an option now, so that’s what I’m doing.
Here’s another scenario though. I’ve conversed thoroughly with the admins on Telegram, and they assure me you don’t have to stake your own ETH in order to obtain the rewards. You can by ankrETH on the market and obtain the same reward as if you staked ETH. At today’s price, you can spend the same $ I did staking 4.5 ETH and get 4.913 ankrETH, farm that on ONX like I am, and get 12% return on that: 5.503 ETH.
Ankr believes ankrETH will rise above ETH cost as the staking period gets closer, which is likely if everyone is thinking they can make a 12% return in a few weeks. OTOH, if the market drops and ankrETH is at a big discount to ETH 'cause people are trying to cash out, it might be a great buy and hold at that point.
What other ETH staking options are out there for those without 32 ETH to stake? Is Stkr really the best return, or the best safe return?