other material
confidence high
sentiment neutral
materiality 0.50
21Shares Polkadot ETF enters Figment staking agreement; 26.5% of rewards to service providers
21Shares Polkadot ETF
- Trust signed Figment staking agreement May 4, 2026; Figment will perform DOT staking to generate rewards.
- Trust may stake/unstake DOT at any time subject to Polkadot Network bonding/unbonding periods.
- Service providers (sponsor, custodians, Figment) receive 26.5% of staking rewards; remainder retained by trust.
- Figment's aggregate liability capped at six months' service fees (global) and three months' fees for missed rewards; gross negligence excluded.
- Either party may terminate agreement at any time for any reason upon written notice.