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26 July 2021

Cudos Network Activates Staking on Ethereum, Annual Yield Starts at 30%

Cudos Network Activates Staking on Ethereum, Annual Yield Starts at 30%


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Cudos Network Activates Staking on Ethereum, Annual Yield Starts at 30%.

Cudos Network, a platform currently in development based on the interoperable Cosmos rails, has said it would activate staking services for its CUDOS ERC-20 token on August 2, an update on July 16 reads. .

Staking of CUDOS ERC-20 tokens will run until after Cudos Network launches its mainnet. .

To begin staking, CUDOS token holders will require MetaMask wallets, ETH to pay Gas fees, and CUDOS tokens which must be locked in exchange for the high yield.

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