Scalable network KSM is now an official validator for Guarda Wallet

3 weeks ago 16
PR Distribution

As the benefits of stalking are progressively being discussed successful the crypto world, Guarda announces KSM arsenic its newest stalking validator

In a property merchandise today, non-custodial multi-platform and decentralised blockchain wallet supplier Guarda Wallet announced that the steadfast is present an authoritative validator for Kusuma Network, a scalable multi-chain web that is aimed astatine enabling cost-effective interoperability and scalability successful the blockchain world. The improvement volition alteration users to involvement KSM to Guarda’s validator and gain staking rewards.

What is Crypto Staking?  

Crypto staking refers to the enactment of holding funds successful a wallet to enactment the information and operations of a blockchain network.

Allowing users to gain rewards for locking cryptocurrencies, staking is harmless and elemental for users to gain a passive income via crypto. One tin instrumentality backmost the involvement coins aft a acceptable clip play and retrieve their funds positive the rewards, with less risks than trading and higher rewards than holding coins.

An optimal staking exemplary offers to involvement rewards based connected the complaint of inflation, alongside validator uptime and commission. This makes staking a overmuch much charismatic alternate to accepted banking savings.

KSM is simply a “perfect match”: Guarda

KSM is the 8th stalking validator hosted by the Guarda wallet and has 100% uptime, 14.3% APY, and 3% staking fees.  

“We are arrogant to denote that present Guarda Wallet has its ain Kusama staking validator. That brings our users 1 much mode to gain crypto close successful the wallet, speech from presently supported ONE, ETH, ONT, and different staking options. Our adjacent Kusama extremity is the afloat wallet enactment of the coin,” Guarda wallet said successful the property release.  

The steadfast called KSM a “perfect match” for its database of supported crypto assets and concluded by stating that determination are much upcoming projects for the users to look guardant to.

What does Guarda Wallet offer?

Guarda Wallet is simply a azygous destination solution to each cryptocurrency needs successful the market. It supports astir cryptocurrencies, enables users to safely store some crypto and unchangeable coins and besides facilitates the trading of cryptocurrencies. Its multi-functional approach, debased fees and 24/7 enactment marque it 1 of the apical wallet providers to cheque retired portion participating successful the crypto market. 

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