Revolut Adds Algorand Staking for More Than 70 Million Customers

The fintech platform now lets users stake ALGO directly, expanding access to staking (locking crypto to earn rewards) for Algorand holders.

ALGO

32d ago

Summary

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Terms & Concepts

staking: Locking crypto tokens to help support a blockchain network and earn rewards in return.
Algorand: A blockchain network designed for fast transactions and energy-efficient consensus.
ALGO: The native token of the Algorand blockchain, used for network activity and staking.