stakingbits

How to setup MetaMask for Dymension Network

Pre-requisites Connecting MetaMask to Dymension Network Switch the connected blockchain by clicking on the tab saying Main Ethereum Network, we need to add Dymension Network. Scroll down until you find Add Network. Enter in the network settings as follows: Click Save. You have now connected to the Dymension Network with your Metamask Wallet! Transactions on the Dymension network…

February 9, 2024
How to setup MetaMask for Blast Network

Pre-requisites Connecting MetaMask to Blast Network Switch the connected blockchain by clicking on the tab saying Main Ethereum Network, we need to add Blast Network. Scroll down until you find Add Network. Enter in the network settings as follows: Click Save. You have now connected to the Blast Network with your Metamask Wallet! Transactions on the Blast Network…

February 8, 2024
How to setup MetaMask for Linea Network

Pre-requisites Connecting MetaMask to Linea Network Switch the connected blockchain by clicking on the tab saying Main Ethereum Network, we need to add Linea Network. Scroll down until you find Add Network. Enter in the network settings as follows: Click Save. You have now connected to the Linea Network with your Metamask Wallet! Transactions on the Linea Network…

February 6, 2024
What is Celestia – the data availability blockchain

The Scaling Trilemma For over a decade, blockchain networks have struggled with the infamous scaling trilemma – the inability to achieve decentralization, security and scalability simultaneously in a single system. Early monolithic blockchains like Bitcoin and Ethereum bundle the core functions of execution, settlement, consensus and data availability into one cluttered chain. While this simplistic…

January 4, 2024
EigenLayer’s meteoric rise to $1B in deposits after raising caps

EigenLayer orchestrated a remarkable surge in deposits, after its strategic decision to raise the deposit cap, catapulting its total beyond the $1 billion mark. EigenLayer’s distinctive feature lies in its approach to restaking, allowing users to commit liquid staking tokens seamlessly across various decentralized applications on the Ethereum network and beyond. The impact of this…

December 22, 2023
How to setup MetaMask for Manta Pacific Network

Pre-requisites Connecting MetaMask to Manta Pacific Network Switch the connected blockchain by clicking on the tab saying Main Ethereum Network, we need to add Manta Network. Scroll down until you find Add Network. Enter in the Manta Pacific Network settings as follows: Click Save. You have now connected to the Manta Pacific Network with your Metamask Wallet!…

December 22, 2023
EigenLayer’s LST Integration and Caps Expansion

EigenLayer is making significant advancements by integrating six new Liquidity Staking Tokens (LSTs) into its protocol. This includes notable tokens such as wBETH, osETH, swETH, AnkrETH, EthX, and oETH. The integration, slated for December 18th, adopts a simultaneous approach for all six LSTs to streamline the process and enhance engineering efficiency. The recent election contest,…

December 6, 2023
How to setup MetaMask for Scroll Network

Pre-requisites Connecting MetaMask to Scroll Network Switch the connected blockchain by clicking on the tab saying Main Ethereum Network, we need to add Scroll Network. Scroll down until you find Add Network. Enter in the Scroll Network settings as follows: Click Save. You have now connected to the Scroll with your Metamask Wallet! Transactions on the Scroll requires ETH which will…

December 1, 2023
BasedApp Launches XSGD Rewards Program Offering Up to 1.5% Interest

Singapore-based fintech startup BasedApp unveiled a new rewards program allowing its debit card users to earn up to 1.5% annual percentage yield (APY) interest on XSGD stablecoin deposits. The move aims to boost adoption of XSGD while providing BasedApp clients with an easy way to earn crypto yields. “As a homegrown Singapore fintech, we’re thrilled…

December 1, 2023
Ethereum Dencun upgrade slated to launch in early 2024

Dencun will mark a significant milestone in the blockchain’s evolution towards becoming a scalable settlement layer, its primary impact will be a substantial increase in data availability for layer-2 rollups through a groundbreaking protocol known as proto-danksharding. This, in turn, will lead to a notable reduction in rollup transaction costs, benefitting end-users. To better understand…

October 28, 2023