Key highlights
- Ankr Staking, one of Ankr’s flagship products, now supports Coinbase Wallet.
- Users will be able to connect with Ankr Staking using Coinbase Wallet’s browser extension and dApp browser.
- Ankr Staking currently supports nine cryptocurrencies, including ANKR, mGNO, ETH, BNB, AVAX, MATIC, and FTM.
Ankr, one of the leading platforms of the Web3 infrastructure industry, announced that it has added Coinbase Wallet support to its liquid staking product. Coinbase Wallet users will now be able to perform liquid staking on the Ankr Staking platform to earn returns on the cryptocurrencies they hold.
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Coinbase Wallet, which was integrated due to the high demand of those who want to use the Ankr Staking product, will enable easy connection to Ankr with Coinbase Pay and Coinbase exchange.
How to Use Coinbase Wallet?
Users who want to do liquid staking on Ankr using Coinbase Wallet can use Coinbase Wallet’s browser extension or smartphone app. You can easily track your stakes and returns on Ankr Staking’s dashboard.
For mobile users, the Coinbase Wallet App includes a dApp browser. You can use the liquid staking feature by finding the AnkrdApp in the browser. The browser in the Coinbase Wallet mobile app facilitates access to DeFi protocols and other dApps, allowing for easy connectivity to any dApp. Users can also easily send, receive and bridge cryptocurrencies with different blockchains such as Ethereum or Polygon.
Coinbase Wallet was developed with the aim of offering more features and flexibility compared to other wallets. Coinbase Wallet, which has managed to become one of the most preferred Web3 wallets among DeFi users, also offers Solana support in addition to all EVM-compatible chains.
Stakable Tokens
The Ankr Staking platform currently supports nine different tokens that can be staked. While Ankr (ANKR) and Gnosis (mGNO) tokens can be put towards delegated staking, the platform supports Ethereum (ETH), BNB (BNB), Avalanche (AVAX), Polygon (MATIC), and Fantom (FTM) for liquid staking.
The protocol automatically sends the granted liquid staking tokens to Coinbase Wallet. Staking rewards are earned as the balances of these tokens increase daily. Users can also use different income methods by sending the liquid staking tokens received in their wallets to DeFi platforms. Some of these return opportunities are:
- Automatic yield farming rewards from vaults,
- Farming rewards for liquidity providers,
- Liquidity mining opportunities,
- Staking rewards on farm tokens,
- Enhanced trading opportunities to opt-out of staking at any time.
Quote from the Manager
Josh Neuroth, Head of Product of Ankr, said, “Having the ability to connect a Coinbase Wallet was one of the most hotly requested features for Ankr Staking, and that’s a testament to how many people find the wallet useful for interacting with Web3 and DeFi every day. We always want to ensure our stakers are pleased while opening our earning solutions to as many new participants as possible.”
More About Ankr
Providing infrastructure to more than 50 PoS blockchains to build the future of the decentralized Web3 ecosystem, Ankr is also an RPC aggregator and global distribution system. Serving more than 2 trillion transactions per year, Ankr is currently the most significant infrastructure provider of Fantom, BNB Smart Chain, and Polygon blockchains. Actively serving in many areas of Web3, Ankr offers a range of dApp developer tools, including Liquid Staking SDK, Web3 Gaming SDK, and AppChains.
