![]() Why Binance US chose Kiln as its staking provider for XTZīefore today, Binance.US had not yet found a staking provider with both the trust of the Tezos foundation and the right infrastructure. We are delighted to have found the right partner, combining both security and the best returns.” We have seen an increase in demand for staking following the market conditions and we are finally delighted to be able to meet the needs of our customers for XTZ thanks to Kiln and the support of the Tezos foundation. “ We’re thrilled to have Kiln integrated into the Binance.US staking ecosystem. In partnership with Kiln, Binance.US is now offering XTZ staking to its users so they can benefit from safe yields. There is no risk of default or bank runs. Validators are automatically rewarded for their operations through preset ‘block reward’ rules and a share of transaction fees. With staking, there is no counterparty but the network itself. Value comes from the natural inflation of the network, while stakers provide further security to the ecosystem. Staking on a dPoS network is the most organic way to produce rewards in the crypto space. Introduced in June of 2018, Tezos is now a leading delegated Proof-of-Stake (dPoS) network which offers smart contract functionality and boasts a diverse and growing community. – Roman Schnider, President of Tezos Foundation I am thrilled to see Kiln continue to play an important role for our ecosystem in offering institutional baking for its clients around the world such as Binance.US.” “ As one of the pioneers in Proof-of-Stake blockchains, more institutions and organizations than ever before are choosing to build on Tezos because of its scalability, efficiency, and diverse ecosystem. This is a major milestone for all XTZ holders and those interested in participating in the Tezos ecosystem. ![]() ![]() As of today, Binance.US users can easily stake their XTZ and earn rewards while participating in Tezos’ security. We are glad to announce the first integration with one of the leading exchanges in the world: Binance.US. Kiln started collaborating with the Tezos Foundation to offer enterprise-grade baking to institutions deepening our involvement with the protocol and helping accelerate Tezos’ adoption. Kiln has been serving as a corporate baker on Tezos since 2021. When it comes to the Tezos blockchain, baking has come to mean contributing to the network’s security and decentralization through block production. ![]()
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