Announcing Figment Staking API Support for Cardano (ADA)

We are pleased to announce Staking API support for Cardano ($ADA). Figment APIs enable institutions to unlock new revenue streams by streamlining the integration of staking services on their platform. They also vastly simplify transaction and rewards reporting to provide an exceptional customer experience.

What is Cardano?

Cardano is a Proof-of-Stake blockchain for decentralized applications and verifiable smart contracts. The network has a research-driven approach to its development. Any decisions made go through a peer-review process of scientists and programmers, providing an academic quality to its development.

ADA is the native token of Cardano. It can be staked to earn rewards or used for a variety of applications built on the Cardano network.

Why Use Staking API:

Our Staking API allows development teams to add protocol staking across a variety of networks in record time. This abstracts away all network-specific work and translates protocol-specific content into a unified transaction format – a single API – simplifying the user experience. Our Staking APIs enable staking, unstaking, rewards claiming, and token transfers for Ethereum, Solana, Polygon, Avalanche, Cosmos, Polkadot, NEAR, and now Cardano.

Why Use Figment’s APIs:

• Cut Development Time: Reduce asset and staking integration time by 10x with our suite of APIs.
• Optimize Development Resources: Save costs requiring less engineering overhead for integrations.
• Boost Customer Satisfaction: Delight customers with comprehensive, accurate, and clean transaction and rewards reporting.
• Go Vertical: Leverage an integrated solution from discovery to growth.
• Build With Confidence: Reliability and security with our institutional-grade infrastructure.

Figment’s staking API currently supports Ethereum, Avalanche, Cardano, Solana, Cosmos, Polkadot, Polygon, and NEAR. If you are interested or have any questions about our APIs, contact us.

Why Stake With Figment:

Figment provides a complete suite of products and services for institutions to offer their customers the ability to earn rewards on their digital assets. The world’s largest asset managers, exchanges, wallets, foundations, custodians, and token holders leverage Figment’s infrastructure and APIs to earn staking rewards.

Our History

Since 2018, Figment has been at the forefront of Web3 and protocol staking innovation. By adapting dynamically in an evolving market, Figment continues to back cutting-edge Proof-of-Stake networks, with a commitment to performance and security, creating the best place for customers to earn rewards via Staking their digital assets empowering the next generation of the internet.

About Figment

Figment is the leading provider of staking infrastructure. Figment provides the complete staking solution for over 1500 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their digital assets.

The information herein is being provided to you for general informational purposes only. It is not intended to be, nor should it be relied upon as, legal, business, tax or investment advice. Figment undertakes no obligation to update the information herein.