Kraken Unlocks New Ethereum Restaking Rewards—But U.S. Customers Miss Out!

Crypto Stay Information

Kraken has launched a brand new characteristic that permits non-US prospects to ‘reclaim’ their Ethereum (ETH) on the EigenLayer protocol, rising their incomes potential. With Kraken subsidiary Staked appearing as a validator, customers can now earn further rewards with out having to revoke their ETH. This transfer goals to make replaying extra accessible to a wider viewers, with rewards obtainable in fiat or crypto on the Kraken platform. Token repossessing, which makes use of asset stakes throughout a number of protocols, has soared, with the entire worth of token repossessing reaching $11 billion this 12 months. The characteristic is restricted to sure areas exterior the US resulting from authorized restrictions.