At Cobo, our priority is to give clients more choice in how they stake. The Staking App on Cobo Portal already connects to multiple validator partners, and we’ve now added Figment as a new option for Ethereum (ETH) staking.

What This Means for Clients

• Additional option: Clients can now access Figment as one of the validator partners for ETH staking.

• Risk coverage: Figment provides compensation for specific penalties, such as double-signing and downtime that results in net negative rewards.

• Defined terms: Coverage is capped at up to six months of fees collected.

Access Through Cobo Portal

The staking process is managed directly within Cobo Portal, where clients can choose from the validator partners available. To see how to use Figment for ETH staking, watch the walkthrough video in the link below.

Stake ETH with Figment via Cobo Portal