Matrixport, a blockchain and cryptocurrency platform headquartered in Asia, today announced the launch of “ETH2.0 Staking Earn”, a new product that allows customers to participate in Ethereum 2.0 (ETH2.0) staking while rewarding additional tokens , Benefit from mining revenue, and better liquidity from related DeFi projects.
The return rate of the “ETH2.0 Staking Earn” product is expected to be between 3% and 10%. Users can get higher income, which is generated by a combination of 2.30%* average ETH2.0 pledge reward and 6.81%* DeFi mining token income (transaction fee income 0.14%*).
“ETH2.0 Staking Earn” generates additional income through mature DeFi protocols Curve and Lido, which is an ETH 2.0 liquid staking solution supported by industry-leading collateral providers. Lido is currently the largest decentralized contract ETH 2.0 pledge, Pledged more than 540,000 ETH. By using Curve, users can also enjoy stable currency exchange services with low slippage and low transaction fees.
“‘ETH2.0 Staking Earn’ balances the strong ETH 2.0 pledge reward and the liquidity advantage of the DeFi protocol. In addition, the significantly lower investment threshold encourages wider community participation. Our first-class products reflect Matrixport’s commitment to Unremitting commitment to bring innovative products to the market and benefit long-tail crypto users.”
– John Ge, Co-founder and CEO of Matrixport
In order to facilitate ETH 2.0 investment, a minimum investment threshold of 5 ETH has been set. The rate of return on investment is updated once a month and within 3 working days after the opening period at the end of each month. In addition, “ETH2.0 Staking Earn” allows users to withdraw funds in advance, but requires payment of service fees.
Until August 21st, Matrixport users can reserve their shares, which will be confirmed on September 1.
“In line with the mission of making mortgages simple and secure, while maintaining the decentralization and censorship resistance of Ethereum, this cooperation with Matrixport is in perfect harmony with Lido’s values by promoting wider participation in the Ethereum mortgage economy. Lido Committed to contributing as much value as possible to the maturity of the DeFi mortgage economy, this is another big step towards this goal.”
– Konstantin Lomashuk, co-founder of Lido DAO
Earlier this month, Matrixport successfully completed its Series C financing and plans to continue to expand and obtain more licenses.