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Robinhood launches Ethereum and Solana staking in the US
Robinhood has officially enabled Ethereum and Solana staking in the US, allowing customers to earn rewards by locking up their digital assets to help secure these networks. tweet Users can stake their ETH and SOL holdings through Robinhood’s platform, with rewards distributed based on network protocol rates minus applicable fees. For Ethereum staking, customers will receive between 50% to 100% of the protocol rate due to the platform’s batch-processing approach of combining stakes to reach the 32 ETH validator requirement. The service is not available in California, Maryland, New Jersey, New York, and ... (full story)
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