Avalanche Transitions to Core Stake: A New Chapter in AVAX Staking
Discover the seamless transition to Core Stake for optimized AVAX staking, offering greater control and efficiency.
The Avalanche network, known for its innovative approach to blockchain technology, is undergoing a significant transformation. As of November 30th, the familiar Avalanche Web Wallet at wallet.avax.network will be phased out, marking the end of an era and the beginning of a new chapter in Avalanche’s staking journey.
A New Era with Core Stake
This transition paves the way for Core Stake to take center stage in meeting all staking needs. Core Stake introduces a revamped user interface (UI) accessible through the Core extension or a Ledger hardware wallet. This change ensures that users experience a seamless transition without any loss of rewards. The integration of Core Stake into the Avalanche ecosystem is a strategic move towards enhancing user experience, offering absolute control over configurations like stake amount, duration, and delegation fees.
The Role of Core Wallet
Core Wallet is central to this transition, offering a comprehensive toolkit for managing portfolios and diving into the world of Web3. It supports cross-device functionality and is powered by self-custody. Users can supercharge their Ethereum and Bitcoin assets on Avalanche via Bridge, and track their on-chain activities seamlessly. Core Wallet stands out as a gateway to a range of decentralized applications (dApps) across various domains, including DeFi and gaming. Additionally, it empowers users to build and customize on the world’s fastest blockchain protocol using Subnets, providing powerful features in a simple design.
Staking AVAX with Core
Staking AVAX has become more straightforward and user-friendly with Core’s mobile and web applications. Core’s mobile app, available for both iOS and Android, offers a simple interface for staking on Avalanche, making it accessible for everyone. The mobile app emphasizes direct participation in the Avalanche network, allowing users to delegate with as little as 25 AVAX. On the other hand, Core’s web application caters to more advanced users who seek comprehensive control and information for strategic network participation.
This significant shift in Avalanche’s staking approach is more than just a change of platforms; it represents Avalanche’s commitment to evolving and adapting to the dynamic world of DeFi. Users are invited to embark on this new journey with Core Stake, where simplicity meets sophistication in the realm of blockchain staking.
For more information on how to get started with Core Stake and to provide feedback, visit the following links:
Stake with Core
About Ava Labs:
Ava Labs is revolutionizing Web3 solutions with its leadership in the Avalanche ecosystem. Founded by a team of Cornell computer scientists and Wall Street veterans, Ava Labs combines technological expertise with practical financial insights to redefine the creation and use of open, permissionless networks. Their work in Avalanche is setting new standards in the Web3 world, as they continue to innovate and shape the future of decentralized networks.
