Integrate BNB Beacon Chain Staking SDK
under review
joanna cs (csjoanna)
Integrating BNB SDK into the ShapeShift wallet could make us the preferred choice for BNB staking.
Currently, BNB stakers face the challenge of having to utilize both Binance Wallet and Trust Wallet to stake or delegate their BNB tokens to the Beacon Chain, a Cosmos fork. This process also requires them to manage two separate sets of private keys for Cosmos and BNB, making it complex and less user-friendly.
ShapeShift currently supports the BNB Chain and Cosmos ecosystems, so we are the right solution for BNB staking. However, we would need to integrate the SDK into our wallet.
Weekly metric of BNB Chain https://twitter.com/BNBCHAIN/status/1703046085248155983
BNB Beacon Chain Staking Guides https://www.bnbchain.org/en/staking
Binance Wallet + Trust Wallet is the only one capable of this
This feature would not only enhance the ShapeShift wallet's functionality but also attract more BNB stakers to the platform.
PTT
under review
We are spiking into this currently. But initial lift may be more significant.
Willy Ogorzaly
Good point that there are very few wallets/interfaces that support both BSC and BNB. We've already got BSC support, and support for BNB chain is in progress. I don't think the initial milestone will include support for BNB staking, but users will at least be able to deposit BNB to THORChain savers vaults which currently offers higher yield (8.5% vs 2.5%). BNB staking is a good follow on feature to consider to offer more comprehensive support for BNB chain, thanks for posting joanna cs (csjoanna)