The Web3 infrastructure provider Ankr added support for Coinbase Wallet for liquid staking. ForkLog was told by project representatives.
According to them, users will earn income on the Ankr Staking platform on assets held in the wallet. To do this, one must connect an exchange account to Coinbase Wallet, and then to the staking solution.
“The ability to connect Coinbase Wallet was one of the most in-demand features for Ankr Staking. This indicates how many people find the wallet useful for daily interaction with Web3 and DeFi,” said Josh Neirot, Ankr’s Director of Product.
Users will be able to track assets directly on the platform’s dashboard or in the DeFi tab of the wallet. The interaction is facilitated by having a browser of dapps in Coinbase Wallet.
Ankr supports nine different tokens. Ankr (ANKR) and Gnosis (mGNO) can be used in delegated staking; for liquid staking, Ethereum (ETH), Polygon (MATIC), Binance Coin (BNB), Fantom (FTM) and Avalanche (AVAX).
Rewards accrue automatically daily to Coinbase Wallet users. They can use the assets in the wallet to earn additional income on external DeFi platforms, for example via:
- liquidity mining;
- participation as LP;
- farming and trading opportunities.
According to the statement, Ankr supports more than 50 PoS networks and processes over 2 trillion transactions per year. The company is a leading provider of infrastructure solutions for the BNB Chain, Fantom and Polygon ecosystems.
In August, Binance’s venture arm became a strategic investor in Ankr.
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