The crypto platform EMCD has launched a staking service for Ethereum and Solana. This product is aimed at institutional clients and professional market participants, the company representatives informed ForkLog.
EMCD Staking offers dynamic yield rates: up to 3.5% per annum for Ethereum and up to 7% for Solana. There is no limit on the stake size, and the minimum entry threshold is low — starting from 0.0002 ETH ($0.40 at the time of publication) or 0.001 SOL ($0.08).
Connecting takes just a few minutes. To register, users simply need to create an account on the platform via email. After that, they can transfer or exchange Ethereum/Solana and send the assets to staking.
Rewards are accrued and compounded automatically within 48 hours. A standard 48-hour lock-up period applies for deposits and withdrawals. There are no fees or hidden charges from the platform.
For institutional clients and large allocations, customized terms and support are available.
“In our conversations with users, we often received feedback about their need for a Web3-native tool for managing their assets. Within the EMCD ecosystem, we offer various products, and the launch of staking was a logical step in our development,” EMCD representatives noted.
The company also announced a B2B direction — Staking API. More details will be available on EMCD's official resources — in the blog and Telegram channel.
EMCD has been operating since 2017 and serves over 400,000 users. The ecosystem includes a mining pool, crypto wallet, P2P platform, savings service Coinhold, and a bank card.
Previously, ForkLog published a review of the EMCD mining pool and its financial services.