Staking is like a fixed deposit in a bank, where you earn interest on your deposits. In blockchain, staking helps support the blockchain network operations and security by locking digital assets in a secure smart contract. In return, the stakers earn rewards in the form of digital assets. As a staker, you can participate as validators or delegators. Validators confirm transactions and receive rewards. Deligators delegate their assets to a validator, without having to manage any technical aspects themselves; they simply choose a trusted validator to handle the job. Delegators earn a share of the rewards that the validator earns. Institutions with large asset holdings can benefit from interests earned on the staked amount.

Staking offers the following benefits:

• Stability - Stabilises the price of the crypto by locking it.
• Passive income - Allows you to earn passive rewards between 5-24% ARR, depending on the network.
• Low risk - Relatively less risky compared to de-fi and lending, where you have to keep your assets in other protocols, which you may or may not trust.
• Custody - Earn rewards, without losing custody of your funds.

Liminal has partnered with Figment, a leading provider in the staking ecosystem. Figment provides staking solutions to exchanges, wallet infrastructure, asset managers, etc. Figment acts as a validator to stake assets, earn rewards on your behalf and validate blockchain transactions. Figment has security measures to avoid mistakes that could lead to penalties.

Liminal offers the following features for staking;

• Easy staking - Easily stake from warm MPC and cold multisig wallets from the Liminal Vaults UI.
• Unified dashboard - Manage staking for multiple assets like Atom, Matic, Ethereum, Solana, and Cardano, all from one simple, user-friendly dashboard.
• Secure and trustworthy - Your staked transactions are safeguarded by Liminal's robust security policies, where transferring assets from the main account to the staking account requires approval.
• All-in-one stats - Keep track of your earnings and performance metrics in the Reports section within the Vaults UI.

Supported protocols

In Liminal, staking is supported by the following protocols with reward percentages:

• Ethereum: 5.01%
• Solana: 7.5%
• Cardano: 3.11%
• Polygon: 5.39%
• Atom: 21%

Reach out to the Liminal Sales team at [email protected] to activate staking in your organisation within Liminal Vaults.