Assets, Ethereum

Can You Stake Ethereum on Moonlet?

Yes, you can stake Ethereum on Moonlet. Here’s how it works:

First, you need to have some Ethereum in your wallet. Then, you can go to the Moonlet staking page and select the amount of ETH you want to stake.

NOTE: Warning: Staking Ethereum on Moonlet is a risky endeavor. There is a potential for financial loss and technical difficulties. Please exercise caution when considering this activity and do thorough research before committing any funds. Additionally, be aware that the project is still in its early stages and may change significantly over time.

Once you’ve selected the amount, you’ll be asked to confirm the transaction. After confirming, your ETH will be locked up for a period of time (usually around 30 days).

During that time, you’ll earn interest on your ETH stake. The interest rate will depend on how much ETH is being staked in total on the platform.

Once the staking period is over, you can withdraw your ETH plus the interest that you’ve earned. So, yes, you can definitely stake Ethereum on Moonlet!.

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