Plug Wallet Rolls Out In-Wallet Staking: A Major Step Forward for DeFi on ICP

Clement Mayer

• 1 min read
Plug Wallet Rolls Out In-Wallet Staking: A Major Step Forward for DeFi on ICP

Plug Wallet is excited to announce the introduction of in-wallet staking, marking a significant milestone in our journey to enhance DeFi capabilities within the Internet Computer (ICP) ecosystem. This new feature allows users to stake their ICP tokens directly within Plug Wallet through the WaterNeuron liquid staking protocol, making staking more accessible and user-friendly.

With in-wallet staking, users can seamlessly stake ICP to receive nICP, a liquid staking derivative that allows for continued liquidity and flexibility. nICP can be used within the ICP ecosystem, and when users wish to exit their staking position, they can easily convert their nICP back to ICP through the unstaking process. This integration simplifies staking, removing the need to interact with external platforms or navigate complex processes.

Introducing staking directly in Plug Wallet is a significant step toward making DeFi more approachable for all users. The process is straightforward: open Plug Wallet, navigate to the staking section, select the desired amount of ICP to stake, and receive nICP instantly. The goal is to provide a seamless experience where users can manage their staking positions while maintaining access to their assets.

Looking ahead, Plug Wallet is committed to expanding staking options as part of its broader multi-chain strategy. In 2025, users can expect to see staking opportunities extended beyond ICP, with plans to introduce staking for Ethereum (ETH), Solana (SOL), and Bitcoin (BTC). These additions will further solidify Plug Wallet’s position as a comprehensive multi-chain solution, offering users greater flexibility and earning potential across different blockchain ecosystems.

The introduction of in-wallet staking is part of Plug Wallet’s ongoing effort to make decentralized finance more accessible, secure, and convenient. As Plug Wallet continues to evolve, features like this demonstrate our commitment to providing valuable tools that empower users within the growing world of DeFi.

Start staking your ICP today with Plug Wallet.