HomeCoinsEthereum (ETH)Sygnum Bank now offers Ethereum 2.0 staking service

Sygnum Bank now offers Ethereum 2.0 staking service

- Advertisement -


Swiss crypto bank Sygnum has launched an Ethereum 2.0 (ETH2) staking service, claiming to be the first bank to offer this service.

The development means Sygnum clients can now stake their ether (ETH) holdings with the bank and earn a yield of up to 7% per annum currently. The yield depends on the amount of ether being staked in the network — the more people staking, the lower the yield.

ETH is one of the most popular staking coins. To date, over 6 million ETH, worth nearly $13.65 billion at current prices, have been staked in the Ethereum 2.0 staking contract, according to The Block’s Data Dashboard. One ETH is currently priced at around $2,280.

Sygnum currently also offers a staking service for tezos (XTZ) and a yield-generating fixed-term deposit on its digital Swiss franc stablecoin (DCHF).

Related Reading



Source link

- Advertisement -
Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,580FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 23,444.28
ethereum
Ethereum (ETH) $ 1,750.61
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 135.57
litecoin
Litecoin (LTC) $ 59.95
eos
EOS (EOS) $ 1.20
okb
OKB (OKB) $ 17.98
tezos
Tezos (XTZ) $ 1.82
leo-token
LEO Token (LEO) $ 4.68
cardano
Cardano (ADA) $ 0.522926
monero
Monero (XMR) $ 163.39
stellar
Stellar (XLM) $ 0.122715
chainlink
Chainlink (LINK) $ 8.59
huobi-token
Huobi (HT) $ 4.32
tron
TRON (TRX) $ 0.06909
usd-coin
USD Coin (USDC) $ 0.996062
dash
Dash (DASH) $ 52.86
neo
NEO (NEO) $ 11.14
iota
IOTA (MIOTA) $ 0.336515
nem
NEM (XEM) $ 0.050972
zcash
Zcash (ZEC) $ 74.82
maker
Maker (MKR) $ 1,078.55
paxos-standard
Pax Dollar (USDP) $ 0.990682
ethereum-classic
Ethereum Classic (ETC) $ 37.96
vechain
VeChain (VET) $ 0.030727
true-usd
TrueUSD (TUSD) $ 0.986211
ftx-token
FTX (FTT) $ 29.98
kucoin-shares
KuCoin (KCS) $ 10.66
waves
Waves (WAVES) $ 5.95