EMCD has launched a staking service for Ethereum and Solana, offering yields up to 3.5% and 7% respectively, aimed at institutional clients.
EMCD has officially launched a staking service for Ethereum and Solana, aimed primarily at institutional investors and experienced market participants. The new offering allows users to earn yields of up to 3.5% annually for Ethereum and up to 7% for Solana.
There are no restrictions on the amount that can be staked, with a minimal entry point set at just 0.0002 ETH (approximately $0.40) or 0.001 SOL (around $0.08). The setup process is straightforward; users can register via email, after which they can deposit or swap their Ethereum or Solana into the staking service.
Staking rewards are automatically calculated and compounded within a 48-hour timeframe, and both deposits and withdrawals are subject to a standard 48-hour lock-up period. EMCD assures users that there are no hidden fees associated with the service.
For larger institutional clients, EMCD offers tailored terms and dedicated support. The company emphasized the importance of this new tool for asset management within the Web3 ecosystem, stating, “In our conversations with users, we often received feedback about their need for a Web3-native tool for managing their assets.”
Additionally, EMCD is venturing into B2B services with a new Staking API, with further information to be shared through their official blog and Telegram channel. Established in 2017, EMCD currently serves over 400,000 users and offers a range of services including a mining pool, crypto wallet, P2P platform, and savings service Coinhold, along with a bank card.
