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Revolut launches in-app DOT staking with new Learn & Earn course

March 14, 2023 in Corporate, Product

Revolut, the global financial superapp with more than 25 million customers worldwide, is taking another step forward towards its mission to make crypto more accessible, with a fifth ‘Learn & Earn’ course.

Polkadot was the first protocol whose token was available through Revolt’s Learn & Earn program, enabling customers to collect DOT tokens while learning about technology that underpins financial innovation. The new course is available to Revolut customers in the UK and EEA, who can earn DOT tokens by taking these short and simple courses and passing the final quiz. The reward will be added to the user’s Revolut crypto balance after correctly completing the quiz, and then the customer can apply their new understanding by staking their tokens in-app.

The ”Polkadot Bonus” course consists of two lessons. The first explains the process of staking, the second lesson focuses on the multichain concept and multichain interaction. The content is based on visual materials including interactive cards and videos to share key insights about Polkadot’s native token, DOT, as well as Polkadot’s use cases.

Emil Urmanshin, Crypto General Manager at Revolut, said: “We are continuing to make the crypto world more accessible as the interest in cryptocurrencies and blockchain technology continues to rise. Millions of our customers have already completed our Learn & Earn courses so far. Our second course with Polkadot provides our users the opportunity to learn, earn and stake all in our superapp, and we want to empower people to put their crypto to work.”

Polkadot co-founder Rob Habermeier said: “Staking is an important tool for participants in the Polkadot ecosystem, helping to deliver increased decentralization of the network while simultaneously allowing users to collect additional DOT. The ability to stake DOT right from the Revolut app makes staking more convenient than ever and our hope is that this new course will continue to bridge the gap between Web2 and Web3. We're seeing growing demand from consumers to learn more about crypto, and we're excited to build on the success of Revolut’s Learn & Earn program to make crypto more accessible.”

Revolut has recently launched a crypto Staking feature in-app which allows customers to stake Polkadot directly stake directly, allowing customers to put their crypto to work and collect additional DOT on their balances at Revolut.

More than three million customers globally have completed a ‘Learn and Earn‘ lesson for the first time since the launch of the product in-app in July 2022. The impact of the feature was also acknowledged by the second edition of the Pulse Report, issued by the FinTech consultancy 11FS. Revolut ‘Learn and Earn’ was picked as a ”top cryptocurrency star” in 2022 for its ”fun and simple approach”. As the feature proved to be a real inspiration for the crypto-curious, Revolut plans to add more courses this year to enable more people to take better control of their finances and give them safe access to new tools and services.

About Revolut

Revolut is building the world’s first truly global financial superapp to help people get more from their money. In 2015, Revolut launched in the UK offering money transfer and exchange. Today, more than 25 million customers around the world use dozens of Revolut’s innovative products to make more than 330 million transactions a month.

About Polkadot

Polkadot provides the technical advances necessary to make blockchain technology practical, accessible, scalable, interoperable, and future-proof, removing limitations and barriers to entry, and thereby fuelling innovation, growing the decentralized technology space, and bringing the Web3 vision to life.

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