April 7, 2020 Bitfinex announces a new staking service.

The cryptoasset exchange, Bitfinex, announced on Tuesday that it is launching a new cryptoasset staking service. Initially, the exchange will offer staking for EOS, VSYS and ATOM tokens, with support for XTZ due in May and plans to support “all stackable tokens in the coming months” according to Paolo Ardoino, Bitfinex’s CTO. The decision to enter the staking service provider market was due to customer demand, said Ardoino, and the service will be available to retail and institutional clients. Rates will be fixed at 10% across all assets, although the exchange is yet to announce its chargeable fees.