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Nexo(NEXO) Instant 1:1 unstaking
Release
- Nexo will start processing instant 1:1 unstaking 24 hours after the upgrade.
- As a Proof-of-Stake blockchain, Ethereum needs validators that verify transactions.
- Staking is the act of depositing at least 32 ETH to activate validator software. The 32 ETH needed to activate a new validator node, however, might be too high for many.
- For Nexo users, Smart Staking on Ethereum offers the ability to easily stake and unstake as little as $10 worth of ETH.
More Info: https://nexo.com/blog/ethereum-shanghai-upgrade-is-coming-on-april-12
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