Ethereum (ETH) Staking Network Delay

Current Status: Customers initiating new ETH staking will experience a significantly longer "Pending" period before their stakes begin to accrue rewards. What Customers need to know: New Stakes: Due to high demand on the Ethereum network, the current activation queue is approximately 65–70 days. Your ETH will remain pending and only start accruing rewards when they reach the blockchain. Existing Stakes: If your ETH is already active, your rewards are unaffected and will continue to be paid out as usual. Unstaking: Unstaking requests are currently processing normally and are not affected by this entry queue. Unfortunately, this delay is a function of the Ethereum network protocol and is outside of Luno's direct control. We apologise for any inconvenience caused and appreciate your patience and understanding in this matter.