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What is Binance's exact plan for the conversion of Beth to Eth when the Merge is completed?

Binance

Cryptocoins Exchanges / Binance 200 Views

As we all know, when "The Merge" happens, stakers will be able to unstake their staked Eth. Binance say that "users will receive Eth for their Beth on a 1:1 basis, when the Merge is completed"

HOWEVER!

Withdrawing Eth from the validators does not happen instantly. There are currently around 330,000 validators, and they will be throttled to unstaking at a rate of 4 per 6.4 minute epoch, that means it will take 366 days for them all to unstake.

Will Binance be able to provide all stakers with Eth for their Beth immediately when the merge is completed, and if so, how?

Is all of the Binance Eth in a single validator?

submitted by /u/dynamicallysteadfast
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