Learn How To Stake ETH By Testing on Goerli With Figment

Published
October 24, 2023
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Since our inception in 2018, Figment has been focused on providing institutions with access to leading staking infrastructure. In August, we were thrilled to announce that our best-in-class staking solution is available for everyone to experience through the new Figment app. Our latest offering features Staking and Insights Dashboards that support users in their end-to-end staking journey.

As we continue to grow and improve our products, we are excited to announce the launch of a new feature on the Figment app allowing users to test the staking and unstaking process using a testnet on Ethereum (Goerli, with Holesky coming soon). This new feature provides a seamless and secure environment to build confidence and familiarity for the staking and unstaking processes.

Enhanced User Confidence 

With the introduction of this option, users can experience and interact with staking mechanisms without using real assets, eliminating the risks associated with real-value transactions during the learning process. The utilization of Goerli Ethereum empowers users to build confidence, ensuring a smooth transition to staking real Ethereum (ETH).

Intuitive User Experience with Guard Rails 

Figment is committed to delivering a user-centric experience. The newly implemented “testnet toggle” in the user interface ensures clear and concise information, allowing users to distinguish effortlessly between staking or unstaking real ETH or testnet Goerli. This enhancement removes the potential for user errors and promotes a reliable experience.

Benefits of the Testnet Toggle Feature: 

  • Experience and learn the staking and unstaking process without financial risks.
  • Intuitive user experience with guard rails ensuring clarity between real and testnet assets.
  • Enhanced confidence and familiarity with staking solutions offered by Figment.

About Figment 

Figment is the largest independent ETH staking provider with over 5% of staked ETH. If you are interested in staking Ethereum, Figment offers a host of services aimed at delivering safe and reliable staking rewards for your assets. The Figment app is available for everyone. Start staking now or watch our video overview. 

Our 250+ institutional clients rely on Figment to provide best in class staking services including seamless and easy integrations, detailed rewards reporting, insights, MEV-Boost activation on ETH, double-sign slashing, and downtime penalty coverage. Figment’s team has extensive Ethereum knowledge intended to help dive into the specifics such as rewards and staking information. 

The information herein is being provided to you for general informational purposes only. It is not intended to be, nor should it be relied upon as, legal, business, or investment advice. Figment undertakes no obligation to update the information herein.

About Figment
Figment is the leading provider of staking infrastructure. Figment provides the complete staking solution for over 500 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their digital assets.

The information herein is being provided to you for general informational purposes only. It is not intended to be, nor should it be relied upon as, legal, business, tax or investment advice. Figment undertakes no obligation to update the information herein.

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