Staking

Asset management firm Fidelity has submitted a proposal for a spot Ethereum ETF with staking to the Securities and Exchange Commission following the success of the first spot Bitcoin ETF.  The Fidelity Ethereum Fund will track the performance of Ethereum and will incorporate a unique staking feature.  Fidelity Files for Ethereum ETF  Fidelity’s application comes after the Securities and Exchange Commission approved spot Bitcoin ETFs, with Fidelity being one of the pioneering issuers. The approval of spot Bitcoin ETFs helped…

Prominent crypto exchange-traded product (ETP) issuer has announced the launch of 21Shares Toncoin Staking ETP. This new ETP aims to offer investors a regulated avenue to capitalize on the expansion of The Open Network, a platform facilitating applications such as Telegram, which boasts a user base exceeding 900 million in Q1 of 2024. 21Shares’ Toncoin Staking ETP According to the official press release, the new Toncoin Staking ETP will start trading on the Swiss SIX Exchange under the ticker TONN…

Road Town, BVI, March 25th, 2024, Chainwire Following its acquisition of TruePNL earlier this year, Magic Square, the Binance Labs backed Web3 app store, has launched a staking program for holders of its $SQR token. This initiative aims to enhance the utility of the $SQR token and incentivize the Magic Square community to support the ecosystem’s growth. Token holders can earn an Annual Percentage Rate (APR) by staking their $SQR tokens across various pools, with reward rates varying by pool.…

  StaFi 2.0 testnet released for developers, stakers and builders. It launches months before the release of its upcoming mainnet launch. StaFi, the liquid staking provider for Ethereum and Cosmos, unveiled its StaFi 2.0 testnet release ahead of its mainnet, which is expected to launch in Q3 this year. The protocol announced it will deploy its Liquid Staking as a Service ( LSAAS) testnet on Wednesday, introducing a host of new features and staking services for its users.  The testnet…

The beginning of WEMIX3.0 Phase 02 introduces competitive staking to encourage WONDERS to actively contribute to the ecosystem Users to choose WONDER and stake WEMIX to receive PMR according to share ratio Open autonomous governance model to be built through three steps of evolution SEOUL, SOUTH KOREA, 23 JUNE 2023 - Wemade launched WONDER Staking through WEMIX.Fi, a DeFi service on the blockchain mainnet WEMIX3.0 on 23rd June. The WEMIX3.0 mainnet is implementing democratic governance in phases. To encourage 40…

Staking is a popular expression in the cryptocurrency world. A common feature of several cryptocurrencies is the concept of staking, which allows users to receive incentives for verifying transactions. Stakin.com (or, simply, Stakin) is a popular choice among crypto-staking enthusiasts. Our guide will review the main aspects of this platform for all our readers. About Stakin Stakin is a public blockchain network infrastructure provider. Non-custodial staking services are available to both institutional and individual users. Across dozens of networks, it…

The market generally associates NFTs with digital reproductions of art that might potentially grow in value over time. In general, this is true for most NFT projects. However, new use cases for NFTs are emerging as the market grows. For example, the notion of staking tokens is well-known among cryptocurrency fans. Still, using this mechanism in the NFT realm is rare. Our guide will explain how developers thought of merging the features of NFTs with those of the staking system. …

Just Mining is a trusted Proof-of-Stake (PoS) infrastructure provider and Validator that’s geared towards beginners. The platform offers various services, including cloud mining, hosting, staking coins, and Masternode creation. Additionally, Just Mining is involved in the sale and production of altcoin mining rigs. According to company documentation, Just Mining is the largest farm in France. The platform operates a multitude of different Validators across a variety of PoS and DPoS blockchains. Here are some of the main problems that Just…

Dokia Capital is a non-custodial Delegated Proof-of-Stake infrastructure provider and Validator. The platform offers users secure staking options combined with enterprise-grade security measures. Notably, Dokia Capital is one of the top DPoS Validator service providers in the market today. The network has $588,796,042 in total staked assets and 125+ global Validators in operation at this time. What is Delegated Staking Services Delegated Staking service providers serve a vital role in the market. These firms enable regular users to stake and…