eToro has expanded its staking offering with the addition of NEAR Protocol (NEAR) and Polygon (POL). Staking allows users to lock their cryptoassets to support blockchain operations and receive rewards in return. eToro users can stake NEAR and POL by holding open positions in these assets, with the process being automatic. The rewards range from 45% to 90% of the staking yield, depending on the user's eToro Club tier. Some of the yield is retained by eToro for operational and compliance expenses. Users must reside in permitted jurisdictions and meet the minimum holding period for staked assets to be eligible for staking.



Other News from Today