Tangany teams up with Kiln to launch its staking service

Tangany is excited to announce the launch of its new staking services starting in Q3 2024. This new offering, powered by Kiln, will enable Tangany's partners to earn rewards by staking their digital assets securely and efficiently. 

What is at stake

Staking involves actively participating in validating transactions on a blockchain network by locking up a certain amount of native tokens. This process helps secure the chain. In return for their contribution to network security and stability, participants receive staking rewards. These rewards come from transaction fees and newly minted tokens on the network, with no counterparty risk.

Tangany's initial staking services will focus on three leading Proof-of-Stake (PoS) protocols:

• Ethereum (ETH)

• Solana (SOL)

• Cardano (ADA)

Tangany and Kiln as strategic partners

Through this strategic partnership with Kiln, Tangany will provide a seamless staking experience, ensuring institutional partners benefit from secure and efficient access to staking opportunities. 

Kiln is renowned for its robust and secure enterprise-grade staking infrastructure, making it an ideal partner for Tangany. By integrating Kiln's staking services, Tangany partners can now stake their assets with confidence, knowing they are supported by industry-leading technology and expertise.

Key benefits of Tangany's staking services include:

• Secure and Reliable: Leveraging Kiln's proven infrastructure, Tangany ensures the highest level of security and reliability for its partners' staked assets.

• Institutional-Grade: Tailored for institutional clients, Tangany's staking services offer robust performance and compliance with regulatory standards.

• Rewarding: Partners can earn competitive staking rewards, enhancing the value of their digital asset holdings.

Tangany's staking services will be available to all institutional clients starting in Q3 2024. For more information, please contact us at info@tangany.com .