Theta Labs has announced the release of Theta Wallet v3.0.1, introducing TFuel staking functionality. This upgrade allows users to stake their TFuel tokens directly on Theta Edge Nodes, marking a significant enhancement to the Theta blockchain ecosystem.
Key Features of Theta Wallet v3.0.1
- TFuel Staking: Users can now stake TFuel tokens to earn rewards through Theta Edge Nodes.
- Mainnet 3.0 Activation: The update coincides with Theta Mainnet 3.0 going live at block height 10,968,061 (approximately June 30, 2021, 12:00–3:00 PM Pacific Time).
- Seamless Integration: Staking occurs natively on the Theta blockchain, eliminating intermediaries.
Why Stake TFuel?
Staking TFuel offers several benefits:
- Passive Income: Earn rewards by participating in network validation.
- Network Security: Contribute to the decentralization and robustness of Theta's blockchain.
- Low Barrier: Edge Nodes enable easy participation without specialized hardware.
👉 Learn more about TFuel staking rewards
How to Get Started
- Update to Theta Wallet v3.0.1.
- Transfer TFuel tokens to your wallet.
- Navigate to the staking dashboard and delegate to an Edge Node.
FAQs About Theta Wallet Update
Q: Is TFuel staking available globally?
A: Yes, except in jurisdictions where cryptocurrency staking is restricted.
Q: What’s the minimum TFuel required to stake?
A: Theta has not specified a minimum, but transaction fees apply.
Q: Can I unstake TFuel anytime?
A: Unstaking periods vary; check the Theta documentation for details.
Q: How are staking rewards calculated?
A: Rewards depend on network activity and your staked amount.
Theta’s Roadmap and Future Updates
Theta continues to innovate with:
- Enhanced wallet features
- Cross-chain compatibility
- Enterprise partnerships
👉 Explore Theta’s ecosystem growth