other material
confidence high
sentiment neutral
materiality 0.40
21Shares Ethereum ETF enters staking services agreements with Figment and Twinstake
21Shares Ethereum ETF
- Staking agreements with Figment Inc. and Twinstake Ltd. to earn rewards on ETH tokens.
- Compensation for each provider is a low single-digit percentage of staking rewards.
- Figment liability cap: six months of service fees; Twinstake cap: 12 months of fees.
- Trust may stake/unstake at any time, subject to Ethereum blockchain bonding periods.
- Providers liable for slashing penalties only if gross negligence, fraud, or willful misconduct.