Crypto assets that support Proof-of-Stake are considered more environmentally friendly because they are much less energy intensive due to their consensus mechanism. Staking is possible with blockchains that utilise a Proof-of-Stake (PoS) consensus algorithm, like Ethereum or Tezos. For blockchains that use a consensus mechanism called Proof-of-Work (PoW), staking is not possible.
Earn a yield of typically between 4 and 10 percent per annum by staking your crypto assets. Higher rewards are available for longer staking commitment periods for some assets.
With a growing selection of assets available for staking, Sygnum makes it easy to manage your staked assets with a convenient client experience.
Your staked crypto assets are protected in a Swiss-regulated bank by Sygnum’s institutional-grade custody platform.
The private keys to your staked (and unstaked) Ether are secured in Sygnum’s institutional-grade multi-custody solution.
You cannot trade your Ether once they are staked. Please note that staked Ether cannot be unstaked until the Ethereum upgrade that enables withdrawals of staked Ether is live.
Staking rewards on Ethereum are generated from the Ethereum protocol itself. The Ethereum protocol incentivises users to stake and run validators by rewarding them with newly created (minted) Ether tokens. When Ether is staked, the protocol rewards users in proportion to the amount of Ether they have staked.
On the landing page in the Sygnum e-banking portal, choose the staking tab in the digital assets section and Click on Ethereum 2.0 . If you have multiple client profiles linked to your e-banking user, please select one. You are then taken to an overview screen that displays your trading wallets. You can then choose a trading wallet that contains at least 32 Ether to start stalking.
“Sygnum has shown that they deliver on their promises and are on their way to achieving their vision of transforming finance and building the digital asset economy.”
“Sygnum is a regulated bank with the enterpreneurial spirit, innovation and energy of a start-up. This is what’s needed to reshape the banking experience and build the bridge to the world of digital assets.”
It looks like you are using a computer with an IP address located outside of Switzerland. If you are located in Switzerland, please click “Continue” to access the Sygnum Bank AG (“Sygnum Bank”) website. If you are not located in Switzerland, please read below.
Local restrictions – Provision of cross-border services
Sygnum is a regulated bank supervised by the Swiss Financial Market Supervisory Authority (FINMA, Laupenstrasse 27, CH-3003 Bern). The products and services on this website are authorised for sale in Switzerland. Sygnum cannot promote its products and services in other countries where it is not authorised by the supervisory authority of that country to do so. Without prejudice to provision of services on the basis of reverse solicitation, Sygnum provides investment services in accordance with EU third-country regimes (where applicable). Sygnum is allowed to provide services only to per se professional clients and eligible counterparties as defined under MiFID II.
If you are located outside Switzerland and click on “Continue” to visit this website, you confirm that you have read and understood the above and you are visiting this website on your own initiative without any active promotion or solicitation from Sygnum.CONTINUE
The following content is available to professional and private qualified Swiss investors. Please confirm your details below to visit this page, or please see our other digital asset updates here.