ethereum
Everstake Partners With Zengo Wallet to Boost Staking Experience for All Their Users
Stake easy, stake secure! Everstake partners with Zengo for low-minimum ETH staking.
MAY 07, 2024
Table of Contents
What Is the Zengo MPC Wallet?
Ethereum Staking with Zengo
Conclusion
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Everstake is happy to announce our partnership with Zengo Wallet, the leading self-custodial wallet powered by institutional-grade MPC technology.
This partnership will see Everstake become one of the validators available for crypto staking via Zengo, also making us the exclusive validator for Ethereum staking. Our joint efforts with Zengo will boost the staking experience for all users while ensuring the bulletproof security of their assets.
What Is the Zengo MPC Wallet?
Zengo is a multi-chain wallet supporting Bitcoin, Ethereum, Polygon, Base, Dogecoin, Tezos, and thousands of other cryptocurrencies. Unlike most self-custodial wallets, Zengo does not use seed phrases but instead leverages multi-party computation (MPC). Since Zengo was established 5 years ago, not a single Zengo wallet has been phished, taken over, or hacked.
Unlike most other wallets, Zengo’s 24/7 live in-app support and premium Zengo Pro subscription offer advanced security features like Theft Protection and Legacy Transfer, an inheritance-style feature.
Learn more about Zengo and their work from the company’s blog.
Ethereum Staking with Zengo
Users can stake their Ethereum and other crypto assets via Zengo’s intuitive interface.
By staking your ETH, you support the proper operation of the network, getting ETH rewards in exchange. While the network rules stipulate that the minimum amount to be staked is 32 ETH, Everstake’s solution that Zengo users can access allows one to stake as little as 0.1 ETH, thus lowering the entry threshold 320 times over.
Thus, our partnership will enable all Zengo users to become a part of the ETH staking community and enjoy additional yields without exposing themselves to many risks commonly associated with hot storage and online staking, such as hacks or thefts.
Everstake is the exclusive ETH staking provider for Zengo, so its users can rest assured that their funds remain within their control in a non-custodial environment, and the staking infrastructure that handles them is diverse, distributed, up to the highest industry standards, and maintained by a seasoned team of highly professional experts.
Learn more about staking ETH with Everstake from our extensive suite of features, articles, and guides.
Conclusion
Everstake is proud and thrilled to offer our staking services with Zengo, which, we believe, redefines what secure self-custody truly means. In our view, this is a prime example of a partnership benefitting not only its parties but everyone who uses our services.
We are confident that our joint work in ensuring top-notch user experience will make staking more accessible than it has ever been before. By staking with Everstake via Zengo, users can have the ultimate peace of mind.
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Disclaimer
Everstake, Inc. or any of its affiliates is a software platform that provides infrastructure tools and resources for users but does not offer investment advice or investment opportunities, manage funds, facilitate collective investment schemes, provide financial services or take custody of, or otherwise hold or manage, customer assets. Everstake, Inc. or any of its affiliates does not conduct any independent diligence on or substantive review of any blockchain asset, digital currency, cryptocurrency or associated funds. Everstake, Inc. or any of its affiliates’s provision of technology services allowing a user to stake digital assets is not an endorsement or a recommendation of any digital assets by it. Users are fully and solely responsible for evaluating whether to stake digital assets.
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