{"id":564217,"date":"2020-10-14T18:04:01","date_gmt":"2020-10-14T15:04:01","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=564217"},"modified":"2020-10-14T18:04:01","modified_gmt":"2020-10-14T15:04:01","slug":"zilliqa-zil-launches-non-custodial-seed-node-staking","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/zilliqa-zil-launches-non-custodial-seed-node-staking\/","title":{"rendered":"Zilliqa (ZIL) Launches Non-Custodial Seed Node Staking"},"content":{"rendered":"
Quick take:<\/strong><\/p>\n Holders of Zilliqa<\/a> no longer need to stake their ZIL through an intermediary such as a crypto exchange after non-custodial seed node staking was launched today on the Mainnet. According to the announcement<\/a> by the team at Zilliqa, the highly anticipated non-custodial staking is geared towards transforming the Zilliqa ecosystem and boosting its presence in DeFi<\/a>.<\/p>\n As of 1800 hours Singapore time today, Zilliqa has launched the highly anticipated non-custodial staking services on its mainnet. This is the latest in our long list of milestones in 2020, and signals a turning point as we seek to bring more utility, mass adoption and value into a burgeoning DeFi landscape.<\/p><\/blockquote>\n With the launch of non-custodial seed node staking, holders of Zilliqa (ZIL) can deposit funds directly to the smart contract and receive rewards from seed node providers. The Zilliqa seed node staking contract has undergone rigorous testing and has been audited by a team from PwC.<\/p>\n Additionally, ZIL holders can also stake on Zillion<\/a>: a secure staking portal on the Zilliqa network. However, Zillion is currently in the testnet phase and users can also choose to stake using wallet providers such as Moonlet. Other wallets such as Frontier and Atomic wallet will soon be available for ZIL staking<\/a>.<\/p>\n\n
ZIL holders Can Send Funds Directly to the Smart Contract and Receive Rewards<\/h2>\n
Earn gZIL Alongside ZIL Staking Rewards<\/h2>\n