ONTO Wallet Joins Hands with Coinbase Cloud to Offer Partial ETH Staking
ONTO Wallet has integrated Coinbase’s Partial ETH Staking to enable users to stake ETH in any amount.
We’re excited that ONTO Wallet now supports Coinbase’s Partial ETH Staking! Powered by Coinbase Developer Platform, this new feature allows our users to stake Ethereum (ETH) without needing a minimum amount. This solution opens up staking opportunities to a broader audience, ensuring that our community can participate in the Ethereum network’s security and earn rewards, no matter how much ETH you have.
What is Partial ETH Staking?
Traditionally, staking ETH required at least 32 ETH, which is a lot for most people. Now, with Coinbase’s Partial ETH Staking, you can stake any amount of ETH directly from ONTO Wallet. This integration uses Coinbase’s top-notch validators to ensure a secure and simple staking experience for everyone.
Benefits of Partial ETH Staking
1. More People Can Stake
Since most wallets hold less than 32 ETH, many users couldn’t participate in staking before. Partial ETH Staking changes that, allowing anyone to stake their ETH, even if they have less than 32 ETH. This makes staking more accessible to a larger group of users.
2. Simple Commission Structure
Partial ETH Staking through ONTO Wallet features configurable commissions, making it easier for users to understand and manage their earnings. Commissions are embedded in the staking rates and paid out on-chain via smart contracts, ensuring transparency and ease of adjustment. The use of a multi-sig wallet during implementation allows for seamless updates to commission structures as needed.
3. Transparent Operations
All staking operations are done on the blockchain using audited smart contracts. This means every action is transparent and can be verified, ensuring a trustworthy staking process.
4. Quick and Easy Transactions
Partial ETH Staking offers deep liquidity, allowing for quick deposits and withdrawals of ETH. This makes the staking process smooth and efficient, whether you’re staking or unstaking your ETH.
5. Secure and Reliable
Security is crucial, and Coinbase’s validators are known for their reliability. With a perfect track record and zero issues of double signing, you can trust that your staked ETH is secure.
Start Staking Today
The addition of Coinbase’s Partial ETH Staking is a big step for ONTO Wallet and our users. We’re dedicated to offering the best tools to help you engage with crypto securely and effectively. With Partial ETH Staking, anyone can now participate in staking, making the blockchain world more inclusive.
Try out this new feature today and start staking your ETH with ONTO Wallet. Whether you’re new to staking or an experienced user, Partial ETH Staking offers a seamless, secure, and rewarding experience.
Happy Staking!
Visit Coinbase to learn more about Partial ETH Staking.
About Coinbase Developer Platform
Coinbase Developer Platform provides performant, secure, enterprise-grade staking infrastructure for 15+ networks for developers building solutions for exchanges, fintechs, custodians, dapps, self-custody wallets, and more. In addition to our Partial ETH Staking solution, we offer public community validators for staking.
Users can sign up to start using the Coinbase Staking API today. To learn more about Partial ETH Staking and integrating, review our documentation.
About ONTO Wallet
ONTO is a DID-based gateway for a seamless Web3 experience. The best all-in-one option for securely managing your identities, data, and digital assets, ONTO allows you to manage your crypto assets (including NFTs), perform cross-chain swaps, readily access a variety of dApps, and learn everything important in real time via ONTO news feed.
With ONTO Wallet, users can create an ONT ID, a decentralized digital identity that enables one-click multi-chain wallet address creation and management and fully protects their private data through an encryption algorithm. Users worldwide can download ONTO Wallet now via onto.app or their mobile app store. Desktop users can also install ONTO Web Wallet for web browsers.
For further details, questions, or comments, follow us on Twitter, join our Telegram or contact us.
