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 against slashing penalties.

Liminal offers the following features for staking;

• Easy staking - Easily stake from cold multisig and MPC 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 on your organisation in Vaults.