With zero gas fees and no unbinding period, innovative flexible staking products aims to enhance wider accessibility to yield opportunities
SINGAPORE, March 7, 2022 /PRNewswire/ — Matrixport, Asia’s fastest growing digital assets financial services platform, has announced the introduction of flexible crypto staking products, which provides users seamless access to a very safe source of passive income.
Staking is a process that involves committing crypto assets to support a blockchain network and confirm transactions and is available with cryptos that use the proof-of-stake (POS) model to process transactions on the blockchain. However, there are several barriers to wider participation, including the thresholds needed to start staking, high gas fees, as well as periods of illiquidity during unbinding wait times.
Matrixport’s Flexible Staking product enables users to continually accumulate crypto assets, deposit or withdraw their assets easily any time with no minimum threshold, zero gas fee and zero waiting time for unbinding. Staking yields are dynamically adjusted…