November 5, 2024 – OnStaking, a leading staking platform in the blockchain ecosystem, has officially rolled out its institutional-grade staking service, targeting high-net-worth individuals and corporate investors. The new offering supports large-volume BTC and ETH lockups with annual percentage yields (APY) reaching up to 12%, significantly higher than traditional financial instruments.
Key Features of OnStaking’s Institutional Service
High-Yield Staking for BTC and ETH
BTC Staking: First-of-its-kind service for Bitcoin, enabling holders to earn yields without selling assets.
ETH Staking: Enhanced rewards post-Ethereum Dencun upgrade, with APY optimized for long-term lockups.
Customizable Lockup Periods
Flexible terms from 30 days to 2 years, catering to varied risk appetites.
Tiered rewards: Longer lockups receive bonus APY (e.g., 10% for 6 months, 12% for 1+ year).
Institutional-Grade Security
Multi-signature cold wallets insured up to $500 million via Lloyd’s of London.
Regular third-party audits by Halborn and CertiK.
Tax and Compliance Support
Automated tax reporting tools for 30+ jurisdictions.
MiCA (EU) and SEC (US) compliant frameworks.
Market Impact and Demand
Early Adoption: Over $1.2 billion in BTC/ETH staked within 48 hours of launch.
Competitive Edge: APYs outperform rivals like Coinbase Institutional (9%) and Kraken (8.5%).
Investor Profile: Hedge funds (60%), family offices (25%), and crypto-native institutions (15%).
Why Institutions Are Choosing OnStaking
Yield Stability: Uses algorithmic rebalancing to mitigate volatility risks.
Liquidity Options: Partners with Maple Finance for staked-asset loans.
Transparency: Real-time APY dashboards with Chainlink oracle feeds.
Future Roadmap
Q1 2025: Add support for Solana (SOL) and RWA tokenized bonds.
Regulatory Expansion: Secure licenses in Singapore and UAE.