What is ZetaChain and $ZETA Staking?
ZetaChain operates as a multi-chain network designed to facilitate interoperability across different blockchains. It allows for seamless transactions and interactions between various cryptocurrencies without the need for third-party intermediaries. This unique feature makes Zetachain an attractive option for investors looking to diversify their crypto portfolios and engage in staking.
Staking involves holding funds in a cryptocurrency wallet to support the operations of a blockchain network. Essentially, it's akin to earning interest in a traditional savings account but in the context of the crypto world. Stakers are rewarded for their contribution to network security and operations, typically in the form of additional tokens.
ZetaChain stands out for its interoperability feature, which is crucial in the fragmented blockchain ecosystem. By staking on ZetaChain, users not only contribute to the network's security but also participate in a pioneering platform that bridges various blockchains. This unique positioning offers stakers the potential for higher returns and the opportunity to be part of an innovative blockchain solution.
What Should You Know about ZETA?
The following table summarizes the basic information for staking ZETA:
How to Stake ZETA with magiclab?
Follow step-by-step ZetaChain ($ZETA) staking guide below!
Step 1: Navigating to the Staking Section
Go to https://hub.zetachain.com/staking
Step 2: Connect Wallet
Step 3: Selecting Magiclab as the Validator
Go to 'Stake' tab and locate validators section.
Search 'MagicLab' and choose any of two InfStones validators.
Step 4: Delegate
Click 'Stake' and type in allocated amount and confirm your delegation.
How to Claim Reward?
Click 'Stake' tab and you can see rewards that is available to be claimed on the right hand side of the screen as shown. Click 'GET' to claim.
How to Unstake?
Click 'Stake' tab and click 'Undelegate' tab. Type in amount you want to undelegate and confirm.
Why Stake with magiclab?
User-centric experience:
- Intuitive staking experience with graphic interface.
- Seamless integration with various wallets.
- Standardized and consistent logic across different protocols.
Secure and reliable infrastructure:
- More service days with 0 slashing.
- Non-custodial staking.
Comprehensive support and resources:
- 24/7 professional support.
- Extensive guiding documentations.
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