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Cardano Staking Goes Live on Kraken Exchange
ADA staking was launched on Tuesday, the exchange said.
Updated Sep 14, 2021, 12:50 p.m. Published May 5, 2021, 8:58 a.m. 1 min read
Staking for Cardano's ADA cryptocurrency is now supported on U.S.-based cryptocurrency exchange Kraken, according to a blog post.
- Users are able to access the staking option inside their Kraken Staking Wallet after the option went live at 21:00 UTC on Tuesday.
- Rewards of 4% to 6% are being offered to those staking ADA, Kraken said.
- Payouts are to be delivered on a regular weekly basis and are currently available for Starter, Intermediate and Pro account tiers.
- Cardano is built with a proof-of-stake mechanism providing developers with the ability to operate smart contracts and run decentralized applications.
- Staking in ADA helps power the network by allowing users to vote on changes to how the network is managed and executed.
- ADA's addition brings the exchange's staking offerings to seven, including Ethereum 2, Polkadot and Flow, among others.
See also: Kraken Considering a Stock Market Debut Next Year: Report
Higit pang Para sa Iyo
CNBC reported Tuesday that Musk is discussing a merger between Tesla and SpaceX that would tie his tech empire closer together and instantly create the world’s fifth-largest corporate bitcoin treasury, worth $3.3 billion.
Ano ang dapat malaman:
- Elon Musk is exploring a potential merger of Tesla and SpaceX, a move that would deepen operational overlap in areas such as power infrastructure and AI-related computing.
- A combined Tesla-SpaceX entity would control about 30,221 bitcoin, worth roughly $3.3 billion, making it the fifth-largest public corporate holder of the cryptocurrency.
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