Trust Wallet Integrates an Ethereum Staking Service
Trust Wallet, a non-custodial wallet, has introduced its new ETH Pool Staking service, which integrates with the Kiln platform.
This feature is now available in the latest version of the app and allows users to stake their Ethereum cryptocurrency to earn passive income.
The service does not require a minimum threshold of 32 ETH that is typically needed for validators. Instead, users can stake as little as 0.025 ETH with an annual rate of 3.7%.
The functionality of the service is provided by Kiln, whose experience and technological capabilities ensure a safe and rewarding staking experience.
The team behind Kiln has recently partnered with Coinbase Cloud and raised $17 million in January. As a result, the total amount of funds blocked on the platform has reached $4.2 billion.