Build a lasting personal brand

BTCS Inc. Partners with Figment Inc. and WonderFi Technologies to Launch Staker Protection Plan for Ethereum Validators

By Burstable Editorial Team

TL;DR

Validators can gain stable income and increase earnings by up to 4% with BTCS's Staker Protection Plan.

The plan offers pre-sold block space on Ethereum network, compliance with OFAC regulations, and transaction pre-confirmation capabilities.

Staker Protection Plan enhances financial stability, operational security, and legal compliance for Ethereum validators, fostering a secure environment.

BTCS's partnership with Figment and WonderFi introduces innovative solutions for revenue growth and ecosystem development in the blockchain space.

Found this article helpful?

Share it with your network and spread the knowledge!

BTCS Inc. Partners with Figment Inc. and WonderFi Technologies to Launch Staker Protection Plan for Ethereum Validators

BTCS Inc., in partnership with Figment Inc. and WonderFi Technologies Inc., is pioneering the Staker Protection Plan (SPP), a groundbreaking initiative set to redefine Ethereum validator support. This collaboration marks a significant leap forward in blockchain technology, offering validators enhanced economic incentives and regulatory safeguards. The pilot program, aligning with Ethereum's Pectra update in March 2025, introduces features like pre-sold block space and the retention of up to 90% of execution layer reward profits, potentially boosting validator earnings by 4%.

At the heart of the SPP is its commitment to regulatory compliance, incorporating standards from the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) to prevent transactions with sanctioned entities. This built-in compliance mechanism significantly reduces legal risks for validators, ensuring a safer validation environment. Additionally, the plan leverages advanced Maximal Extractable Value (MEV) infrastructure for transaction pre-confirmation, offering validators the ability to anticipate transaction outcomes before final block confirmations, thereby reducing delays during network congestion.

WonderFi Technologies will be the first to implement the SPP across its Bitbuy and Coinsquare platforms, highlighting the industry's shift towards more secure and efficient blockchain validation processes. BTCS CEO Charles Allen highlighted the partnership's strategic importance, underscoring BTCS's dedication to fostering sustainable ecosystem growth through innovative solutions. This initiative not only solidifies BTCS's transition from a Bitcoin mining entity to a pivotal player in Ethereum's Proof-of-Stake ecosystem but also addresses the intricate challenges of blockchain infrastructure with a forward-thinking approach.

Curated from NewMediaWire

blockchain registration record for this content
Burstable Editorial Team

Burstable Editorial Team

@burstable

Burstable News™ is a hosted solution designed to help businesses build an audience and enhance their AIO and SEO press release strategies by automatically providing fresh, unique, and brand-aligned business news content. It eliminates the overhead of engineering, maintenance, and content creation, offering an easy, no-developer-needed implementation that works on any website. The service focuses on boosting site authority with vertically-aligned stories that are guaranteed unique and compliant with Google's E-E-A-T guidelines to keep your site dynamic and engaging.