Today, we are happy to announce the next step in our partnership with Ledger through the integration of EGLD staking into the Ledger Live App, offering more than 1.5 million users secure access to EGLD staking services.
Follow this quick guide to learn how to stake your EGLD in the Ledger Live App: https://support.ledger.com/hc/en-us/articles/7228337345693/
Together with this milestone, Ledger is now also involved in proposing and validating blocks on our blockchain network through their very own staking pool, run in collaboration with Figment. Their staking pool already has 7 nodes and can currently accommodate an unlimited amount of EGLD.
Staking is the way to contribute towards the network’s security and decentralization, and even to its scalability in the case of the MultiversX blockchain, as it can linearly grow in throughput in tandem with more shards added.
Find more details about the Ledger x Figment staking pool on MultiversX here:
Moreover, Ledger’s integration of MultiversX now extends to ESDT tokens - MEX, USDC and RIDE are already available for secure storage, management and transfer, with more MultiversX tokens soon to follow.
By never sharing the private key outside the chip or device, wallets like Ledger and xPortal provide the highest level of security, offering users an invaluable additional safety layer.
This is why we are thankful and appreciate the new integrations with Ledger products, and the continuous support received from their team.
Founded in Paris in 2014, Ledger is a global platform for digital assets and Web3. Ledger is already the world leader in Critical Digital Asset security and utility. With more than 5M devices sold to consumers in 200 countries and 10+ languages, 100+ financial institutions and brands as customers, 20% of the world’s crypto assets are secured, plus services supporting trading, buying, spending, earning, and NFTs. Ledgers products include: Ledger Stax, Nano S Plus, Nano X hardware wallets, Ledger app, [ Ledger ] Market, the world’s first secure-minting and first-sale distribution platform, and Ledger Enterprise. With its ease of use, Ledger allows a user to begin investing in digital assets and ultimately, achieve financial freedom in a safe and stress-free environment.
Figment is the world’s leading provider of blockchain infrastructure. Figment provides the most comprehensive staking solution for over 200+ institutional clients, including exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their crypto assets. These clients rely on Figment’s institutional staking service, including rewards optimization, rapid API development, rewards reporting, partner integrations, governance, and slashing protection. Figment is backed by industry experts, financial institutions, and our global team across twenty-three countries. This all leads to our mission to support the adoption, growth, and long-term success of the Web3 ecosystem. To learn more about Figment, please visit our website at figment.io