Digital asset exchange, Gate.io, announced a flexible ETH staking solution for its users. It is supported by a stable Ethereum infrastructure and maturity asset management solution. The solution will enable users to earn a staking reward without needing to lock their ETH in ETH2 for a long time or worry about ETH2 penalties.
The company also announced that its stable coin, USDG, has been listed on S Finance. Users can exchange USDG with other stablecoins, such as USDC, DAI, USDT, TUSD, PAXI on the decentralized exchange.
“Eth 2.0 staking demands higher technical expertise and requires a longer staking time. Moreover, running a validator on both the ETH1 chain and the ETH2 Beacon Chain at the same time, while maintaining a stable staking status is also required, or else funds being staked may be charged with penalties. Therefore, ETH2 staking is not suitable for everyone. Keeping up with innovative and user-friendly norms, Gate.io has built a flexible solution that enables users to earn a staking reward without needing to lock their ETH in ETH2 for a long time or worry about penalties,” said Marie Tatibouet, CMO at Gate.io.
More details on Gate.io’s ETH2 staking solution:
Gate.io also listed Injective Protocol (INJ), TrustToken (TRU), OasisNetwork (ROSE), 32nd-largest DeFi project by TVL according to DeFi Pulse in addition to Roobee (ROOBEE), and Alpaca City (ALPA). The exchange is also launching a “Deposit and Trade Roobee (ROOBEE)” competition from December 4th until December 13th with a pool of 3100 USDT equivalents in rewards.
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