Binance US, the US leg of Binance, announced in an announcement that it has started offering staking on Cardano (ADA).
Binance US also included the details while announcing the news in a statement on its Twitter account.
Staking Support for Cardano from Binance
Binance US announced on its Twitter account that it has received Cardano (ADA) staking support. When users stake Cardano (ADA), they will receive 6.1 percent APY.
https://twitter.com/BinanceUS/status/165036220203159555
Brian Shroder, CEO of Binance US, said:
“New week, new bet”
Cardano was at the center of criticism with its delayed Vasil Hard Fork. Cardano CEO Charles Hoskinson, who has made several statements on the subject, expressed that he was intimidated by the allegations. Along with the latest status update, Cardano network update aims to increase the scaling capabilities in Cardano. In one of his statements on the subject, CEO Hoskinson stated that Vasil has no quality issues and that 46 percent of share pool operators (SPO) Nodes have been updated.
Vasil’s Hard Fork, which was originally expected to air on the mainnet in June this year, has been delayed several times due to technical issues. The update of Cardano, which sees itself as the biggest competitor of Ethereum (ETH), is eagerly awaited by users.
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