Since March 1, investors have withdrawn around 800,000 Ether deposited in Lido, which is worth about $2.5 billion, according to DefiLlama data. In the last 30 days, it has lost more Ether than any other staking service.

Lido investors withdraw $2.5bn in Ether from staking giant as rivals circle – DL News

The Figment Ethereum Plus Staking Rewards (ETHF) and Figment Solana Plus Staking Rewards (SOLF) products are designed to offer institutions convenient access to staking rewards through traditional brokers or banks under a familiar ETP wrapper.

Figment witnesses fivefold growth in Q1, passes $15 billion staked | The Block

Explore Solana&#x27;s decentralized exchanges &amp; staking protocols for efficient trading &amp; earning rewards in cryptocurrency.

Unlocking the Power of Swapping and Staking on Solana | HackerNoon

Solana, like many Proof-of-Stake (PoS) cryptocurrencies, relies on a decentralized network of validators who secure the network by staking their SOL coins. In exchange for staking, validators earn rewards.

Solana Market Cap Skyrockets $11 Billion As Price Jumps 17% – Details

Stakin is one of the top institutional-grade non-custodial Web3 infrastructure and staking providers, leading the sector and enabling 50

Stakin

Omnity Network, the first fully on-chain Bitcoin asset hub, plans to provide Bitcoin liquidity and security to any connected chain. The Bitcoin interoperability hub, launched after the Bitcoin halving, was the first protocol to support Runes interoperability with its Red Envelope HOPE YOU GET RICH Runes token ($RICH.) Omnity's omnichain hub is built on the Internet Computer (ICP). ICP's Chain Fusion Technology allows Omnity to read and write directly to the Bitcoin network, sidestepping the congestion and high user fees. Ordinal NFT and Runes asset standards have increased Bitcoin's potential as a general-purpose settlement layer, but these assets can bottleneck the Bitcoin network. Omnity says it has solved this problem without compromising security or decentralization. It is now expanding its scope to include Bitcoin staking and shared security to become the "Liquidity and Security Hub of the Bitcoin Ecosystem." Omnity's novelty lies in its ability to achieve a user experience comparable to trust-based bridges without relying on off-chain witnesses or relayers due to its 100% end-to-end on-chain tech stack. As the liquidity and security hub of the Bitcoin ecosystem, Omnity's goal is to support Bitcoin Shared Security Services for execution chains or Layer-2s (L2s) by providing L2s multibillion-dollar-level security at a modest cost. Any end-user-facing, highly usable blockchain that deals with Bitcoin assets and needs to peg security to the Bitcoin Network could then be connected through Omnity. Armed with ICP's Chain Fusion, Omnity acts as the "bond" between the Bitcoin settlement layer and unlimited execution layers, ready to handle massive transactions because ICP is infinitely scalable. Omnity's roadmap includes the launch of Bitcoin Staking in Q3 2024, followed by Bitcoin Shared Security in Q4 2024. Omnity's Service Nervous System (SNS) governance token, $OT, will also be released in Q4, granting voting rights via $OT SNS staking. The SNS framework is the Internet Computer's built-in solution for creating and maintaining decentralized autonomous organizations (DAOs) to govern Dapps. Omnity’s SNS DAO shall implement voting rights for determining protocol upgrades, blockchain connections to the Omnity Interoperability Network, and Bitcoin L2 connections to use Omnity's shared security. "We hope that Bitcoin will be the settlement layer for the world economy because it is a common good. No one can control Bitcoin. It's an impartial and non-abusable settlement layer," said Louis Liu, Founder of Omnity. "Similarly, Omnity is an ‘unopinionated infrastructure.’ We don't care what type of blockchain it is. We care about what our users are willing to use. If it can bring some utility, entertainment, or profit to Bitcoin asset holders, Omnity will direct Bitcoin assets to that blockchain." From a technical perspective, Omnity relies on ICP's Bitcoin integration to bring Bitcoin assets, BTC, or Runes to ICP. A dedicated subnet has made ICP an impartible part of the Bitcoin network. Dfinity Foundation has a world-class cryptography research team that supported the development of Chain Key Cryptography, the cornerstone of ICP and the Bitcoin integration, safeguarding assets worth billions in USD. However, connections to all other blockchains rely fully on the Omnity team's extensive experience with IBC Protocol implementations and on-chain light clients. "As the only team to implement IBC-ICS 28 on Rust/Wasm chains, Omnity has transplanted many kinds of on-chain light clients, such as Tendermint, Substrate, and NEAR light clients, to enable trustless interoperability,” says Liu. Omnity can immediately support Tendermint-based, Substrate-based, and Polygon CDK-based blockchains, with plans to include OP stack-based L2s and others. Omnity Network , the first fully on-chain Bitcoin asset hub, plans to provide Bitcoin liquidity and security to any connected chain. The Bitcoin interoperability hub, launched after the Bitcoin halving, was the first protocol to support Runes interoperability with its Red Envelope HOPE YOU GET RICH Runes token ($RICH.) Omnity Network Omnity Network Omnity's omnichain hub is built on the Internet Computer (ICP). ICP's Chain Fusion Technology allows Omnity to read and write directly to the Bitcoin network, sidestepping the congestion and high user fees. Internet Computer Internet Computer Chain Fusion Technology Chain Fusion Technology Ordinal NFT and Runes asset standards have increased Bitcoin's potential as a general-purpose settlement layer, but these assets can bottleneck the Bitcoin network. Omnity says it has solved this problem without compromising security or decentralization. It is now expanding its scope to include Bitcoin staking and shared security to become the "Liquidity and Security Hub of the Bitcoin Ecosystem." Omnity's novelty lies in its ability to achieve a user experience comparable to trust-based bridges without relying on off-chain witnesses or relayers due to its 100% end-to-end on-chain tech stack . As the liquidity and security hub of the Bitcoin ecosystem, Omnity's goal is to support Bitcoin Shared Security Services for execution chains or Layer-2s (L2s) by providing L2s multibillion-dollar-level security at a modest cost. 100% end-to-end on-chain tech stack 100% end-to-end on-chain tech stack Any end-user-facing, highly usable blockchain that deals with Bitcoin assets and needs to peg security to the Bitcoin Network could then be connected through Omnity. Armed with ICP's Chain Fusion, Omnity acts as the "bond" between the Bitcoin settlement layer and unlimited execution layers, ready to handle massive transactions because ICP is infinitely scalable. Omnity's roadmap includes the launch of Bitcoin Staking in Q3 2024, followed by Bitcoin Shared Security in Q4 2024. Omnity's Service Nervous System (SNS) governance token, $OT, will also be released in Q4, granting voting rights via $OT SNS staking. The SNS framework is the Internet Computer's built-in solution for creating and maintaining decentralized autonomous organizations (DAOs) to govern Dapps. Omnity’s SNS DAO shall implement voting rights for determining protocol upgrades, blockchain connections to the Omnity Interoperability Network, and Bitcoin L2 connections to use Omnity's shared security. Service Nervous System (SNS) Service Nervous System (SNS) "We hope that Bitcoin will be the settlement layer for the world economy because it is a common good. No one can control Bitcoin. It's an impartial and non-abusable settlement layer," said Louis Liu, Founder of Omnity. "Similarly, Omnity is an ‘unopinionated infrastructure.’ We don't care what type of blockchain it is. We care about what our users are willing to use. If it can bring some utility, entertainment, or profit to Bitcoin asset holders, Omnity will direct Bitcoin assets to that blockchain." From a technical perspective, Omnity relies on ICP's Bitcoin integration to bring Bitcoin assets, BTC, or Runes to ICP. A dedicated subnet has made ICP an impartible part of the Bitcoin network. Dfinity Foundation has a world-class cryptography research team that supported the development of Chain Key Cryptography , the cornerstone of ICP and the Bitcoin integration, safeguarding assets worth billions in USD. Dfinity Foundation Dfinity Foundation Chain Key Cryptography Chain Key Cryptography However, connections to all other blockchains rely fully on the Omnity team's extensive experience with IBC Protocol implementations and on-chain light clients. "As the only team to implement IBC-ICS 28 on Rust/Wasm chains, Omnity has transplanted many kinds of on-chain light clients, such as Tendermint, Substrate, and NEAR light clients, to enable trustless interoperability,” says Liu. IBC Protocol IBC Protocol Omnity can immediately support Tendermint-based, Substrate-based, and Polygon CDK-based blockchains, with plans to include OP stack-based L2s and others.

Omnity Network's Fully Onchain Hub Announces Bitcoin Staking and Shared Security

ওমনিটি নেটওয়ার্কের সম্পূর্ণ অনচেইন হাব বিটকয়েন স্টেকিং এবং শেয়ার্ড সিকিউরিটি ঘোষণা করেছে

Der vollständig Onchain-Hub von Omnity Network kündigt Bitcoin-Staking und gemeinsame Sicherheit an

El centro totalmente en cadena de Omnity Network anuncia participación y seguridad compartida de Bitcoin

Le hub entièrement en chaîne d'Omnity Network annonce le jalonnement Bitcoin et la sécurité partagée

ओम्निटी नेटवर्क के पूर्णतः ऑनचेन हब ने बिटकॉइन स्टेकिंग और साझा सुरक्षा की घोषणा की

オムニティネットワークの完全オンチェーンハブがビットコインのステーキングと共有セキュリティを発表

Omnity Network의 완전 온체인 허브, 비트코인 스테이킹 및 공유 보안 발표

Hub Fully Onchain da Omnity Network anuncia piquetagem de Bitcoin e segurança compartilhada

Полностью ончейн-концентратор Omnity Network объявляет о стейкинге биткойнов и общей безопасности

Omnity Network'ün Tamamen Zincir Üzerindeki Merkezi, Bitcoin Staking ve Paylaşımlı Güvenliği Duyurdu

Trung tâm Onchain hoàn chỉnh của Omnity Network công bố đặt cọc Bitcoin và bảo mật chia sẻ

Omnity Network 的 Fully Onchain Hub 宣布推出比特币质押和共享安全

How to Stake ETH by StakingFarm: The Ultimate Guide

কিভাবে StakingFarm দ্বারা ETH অংশীদার: চূড়ান্ত গাইড

So staken Sie ETH mit StakingFarm: Der ultimative Leitfaden

Cómo apostar ETH mediante SatingFarm: la guía definitiva

Comment miser de l'ETH par StakingFarm : le guide ultime

स्टेकिंगफार्म द्वारा ETH को कैसे स्टेक करें: अंतिम गाइड

StakingFarmによるETHのステーキング方法：究極のガイド

StakeFarm을 통해 ETH를 스테이킹하는 방법: 최고의 가이드

Como apostar ETH por StakingFarm: o guia definitivo

Как стейкать ETH от StakeFarm: полное руководство

StakingFarm ile ETH Nasıl Stake Edilir: Nihai Kılavuz

Cách đặt cược ETH bằng StakeFarm: Hướng dẫn cơ bản

如何通过 StakingFarm 质押 ETH：终极指南

Key Insights The percentage of staked CQT grew from 22% in Q1 2023 to 29% in Q1 2024, despite a 20% increase (an additional 104 million CQT) in the circulating supply. The CQT market cap rose 28% QoQ, reaching $275 million multiple times before ending Q1 at $199 million. Covalent announced plans to introduce a revenue-sharing model in the future, implementing a buyback program at the end of January that repurchased 219,000 CQT by the end of Q1. In Q4, Covalent introduced the Ethereum Wayback Machine (EWM), a long-term data availability solution for historical data on Ethereum. Covalent increased its network operator set by decentralizing another network operator role called the Block Results Producer (BRP) and adding more validators to an already decentralized set of operators called the Block Specimen Producer (BSP) in Q3 2023. Key Metrics Performance Analysis Network Covalent has hundreds of enterprise as well as thousands of broader crypto industry API customers using its robust infrastructure to access structured data. These data consumers range from traditional finance and consulting companies to AI, DeFi applications and investment tools. A few notable users include Fidelity, EY, Consensys, Matcha, Rainbow Wallet, and CoinLedger. To arrive at the data these entities consume, the protocol must extract, transform, and enrich the raw blockchain data to make it accessible. Staked CQT Covalent uses a Stake-for-Access model where network operators (BSPs and BRPs) stake CQT to perform work on the network. Covalent employs staking parameters, such as max/min values and a delegation ratio to ensure staked CQT remains distributed among the operator sets. BSPs must stake a minimum of 175,000 CQT and are restricted to 350,000 CQT. Alternatively, BRPs must stake a minimum of 35,000 CQT, are restricted to 70,000 CQT, and do not receive delegation. Covalent has now migrated the staking contract from Moonbeam to Ethereum. The percentage of staked CQT grew from 22% in Q1 2023 to 29% in Q1 2024, despite a 20% increase (an additional 104 million CQT) in the circulating supply. When the BRP role decentralized in mid-August 2023, it enabled a new group of network operators to stake CQT. Nevertheless, the BRP node set accounts for less than 600,000 of the 184 million CQT staked, representing just 0.3%. Given the maximum stake limits and that most BSPs have not reached delegator capacity, contributors to the growth in the percentage of staked CQT can be partially attributed to the 9% YoY increase in active delegators and the addition of two new BSPs in Q3 2023, which increased stake capacity by 19.6 million CQT. Financial Market Cap The CQT market cap rose 28% QoQ, reaching $275 million multiple times before ending Q1 at $199 million. Since Covalent opened the BRP role and added two new operators in mid-August 2023, the CQT price has risen 232%, while the broader market only appreciated 132% in the same time period. Though the BRP role minimally impacted the amount of CQT staked, adding two new BSPs increased stake capacity by 19.6 million CQT. This reduced tradable CQT and applied upward pressure on the asset price. In late January, Covalent implemented a CQT buyback program. Although only 219,000 CQT were bought back by the end of Q1, this program lays the foundation for linking network demand directly to increased buying pressure on CQT. Essentially, as API query demand rises, Covalent's revenue will increase, enabling further buybacks of CQT with the additional revenue. Qualitative Analysis Ethereum Wayback Machine In Q4, Covalent introduced the Ethereum Wayback Machine (EWM). The EWM is a long-term data availability solution for historical data on Ethereum. It was born from Ethereum’s introduction of state expiry in its Dencun upgrade. State expiry addresses Ethereum state bloat from rollups posting transaction data to the network. All the additional data could lead to performance degradation, high storage costs, and increased sync times for nodes in the long term.\ EIP-4844 (a part of Dencun) introduced a blob transaction type that rollups will use to post data more cheaply to Ethereum. Furthermore, blob data is only stored by Ethereum consensus layer nodes (beacon nodes) for roughly 18 days before being deleted. Covalent’s EWM will store blob data indefinitely, providing a persistent and verifiable layer for storing rollup history. In addition to archival purposes, the EWM will help applications from compliance to AI model training. AI Use Cases Covalent's structured data is used by a wide range of consumers, from taxation tools (CoinLedger) to investor dashboards (Consensys) to user wallets (Rainbow). Artificial intelligence (AI) is an emerging data consumer well-suited for Covalent’s data infrastructure products. To attract AI talent to the Covalent product, the team has administered multiple grants to AI projects. The Q1 grantees using Covalent in their AI applications are detailed below. SmartWhales: an onchain copy-trading platform that enables investors to follow DEX traders and automate trades to copy their activity.\


BotFi: a protocol that enables users to automate DeFi tasks, such as copy trading, dollar cost averaging (DCA), limit order scheduling, and more. It also offers an AI token screener, a frontrunning bot, and other tools to enhance the DEX trading experience.


Laika AI: a browser extension that offers onchain analytics, token contract analysis, wallet tracking, AI alerts of onchain activity, and more. Entendre Finance: an AI accounting tool that enables users to aggregate onchain activity from different platforms, automating transaction tracking, analysis, and record-keeping. Closing Summary Covalent has significantly improved its network since Messari’s last report on the protocol in Q4 2022. It has expanded support to over 225 blockchains, decentralized another layer in its supply-side operations, launched the GoldRush developer kit, implemented a CQT buyback program, and announced the Ethereum Wayback Machine. As we move forward into the remainder of 2024 and beyond, Covalent is poised to increase its API usage while continuing to enhance its protocol in the next stage of the market cycle. This story was distributed as a release by Btcwire under HackerNoon’s Brand As An Author Program. Learn more about the program here: https://business.hackernoon.com/brand-as-author Key Insights The percentage of staked CQT grew from 22% in Q1 2023 to 29% in Q1 2024, despite a 20% increase (an additional 104 million CQT) in the circulating supply. The percentage of staked CQT grew from 22% in Q1 2023 to 29% in Q1 2024, despite a 20% increase (an additional 104 million CQT) in the circulating supply. The CQT market cap rose 28% QoQ, reaching $275 million multiple times before ending Q1 at $199 million. The CQT market cap rose 28% QoQ, reaching $275 million multiple times before ending Q1 at $199 million. Covalent announced plans to introduce a revenue-sharing model in the future, implementing a buyback program at the end of January that repurchased 219,000 CQT by the end of Q1. Covalent announced plans to introduce a revenue-sharing model in the future, implementing a buyback program at the end of January that repurchased 219,000 CQT by the end of Q1. In Q4, Covalent introduced the Ethereum Wayback Machine (EWM), a long-term data availability solution for historical data on Ethereum. In Q4, Covalent introduced the Ethereum Wayback Machine (EWM), a long-term data availability solution for historical data on Ethereum. Covalent increased its network operator set by decentralizing another network operator role called the Block Results Producer (BRP) and adding more validators to an already decentralized set of operators called the Block Specimen Producer (BSP) in Q3 2023. Covalent increased its network operator set by decentralizing another network operator role called the Block Results Producer (BRP) and adding more validators to an already decentralized set of operators called the Block Specimen Producer (BSP) in Q3 2023. Key Metrics Performance Analysis Network Covalent has hundreds of enterprise as well as thousands of broader crypto industry API customers using its robust infrastructure to access structured data. These data consumers range from traditional finance and consulting companies to AI, DeFi applications and investment tools. A few notable users include Fidelity, EY, Consensys, Matcha, Rainbow Wallet, and CoinLedger. To arrive at the data these entities consume, the protocol must extract, transform, and enrich the raw blockchain data to make it accessible. Covalent Covalent Staked CQT Covalent uses a Stake-for-Access model where network operators (BSPs and BRPs) stake CQT to perform work on the network. Covalent employs staking parameters , such as max/min values and a delegation ratio to ensure staked CQT remains distributed among the operator sets. BSPs must stake a minimum of 175,000 CQT and are restricted to 350,000 CQT. Stake-for-Access Stake-for-Access staking parameters staking parameters Alternatively, BRPs must stake a minimum of 35,000 CQT, are restricted to 70,000 CQT, and do not receive delegation. Covalent has now migrated the staking contract from Moonbeam to Ethereum . to Ethereum to Ethereum The percentage of staked CQT grew from 22% in Q1 2023 to 29% in Q1 2024, despite a 20% increase (an additional 104 million CQT) in the circulating supply. When the BRP role decentralized in mid-August 2023, it enabled a new group of network operators to stake CQT. Nevertheless, the BRP node set accounts for less than 600,000 of the 184 million CQT staked, representing just 0.3%. Given the maximum stake limits and that most BSPs have not reached delegator capacity, contributors to the growth in the percentage of staked CQT can be partially attributed to the 9% YoY increase in active delegators and the addition of two new BSPs in Q3 2023, which increased stake capacity by 19.6 million CQT. Financial Market Cap The CQT market cap rose 28% QoQ, reaching $275 million multiple times before ending Q1 at $199 million. Since Covalent opened the BRP role and added two new operators in mid-August 2023, the CQT price has risen 232%, while the broader market only appreciated 132% in the same time period. Though the BRP role minimally impacted the amount of CQT staked, adding two new BSPs increased stake capacity by 19.6 million CQT. This reduced tradable CQT and applied upward pressure on the asset price. In late January, Covalent implemented a CQT buyback program. Although only 219,000 CQT were bought back by the end of Q1, this program lays the foundation for linking network demand directly to increased buying pressure on CQT. Essentially, as API query demand rises, Covalent's revenue will increase, enabling further buybacks of CQT with the additional revenue. buyback buyback Qualitative Analysis Ethereum Wayback Machine In Q4, Covalent introduced the Ethereum Wayback Machine ( EWM ). The EWM is a long-term data availability solution for historical data on Ethereum. It was born from Ethereum’s introduction of state expiry in its Dencun upgrade. State expiry addresses Ethereum state bloat from rollups posting transaction data to the network. All the additional data could lead to performance degradation, high storage costs, and increased sync times for nodes in the long term.\ introduced introduced EWM EWM Dencun Dencun EIP-4844 (a part of Dencun) introduced a blob transaction type that rollups will use to post data more cheaply to Ethereum. Furthermore, blob data is only stored by Ethereum consensus layer nodes (beacon nodes) for roughly 18 days before being deleted. Covalent’s EWM will store blob data indefinitely, providing a persistent and verifiable layer for storing rollup history. In addition to archival purposes, the EWM will help applications from compliance to AI model training. EIP-4844 EIP-4844 18 18 AI Use Cases Covalent's structured data is used by a wide range of consumers, from taxation tools (CoinLedger) to investor dashboards (Consensys) to user wallets (Rainbow). Artificial intelligence (AI) is an emerging data consumer well-suited for Covalent’s data infrastructure products. To attract AI talent to the Covalent product, the team has administered multiple grants to AI projects. The Q1 grantees using Covalent in their AI applications are detailed below. Artificial intelligence Artificial intelligence SmartWhales: an onchain copy-trading platform that enables investors to follow DEX traders and automate trades to copy their activity.\ BotFi: a protocol that enables users to automate DeFi tasks, such as copy trading, dollar cost averaging (DCA), limit order scheduling, and more. It also offers an AI token screener, a frontrunning bot, and other tools to enhance the DEX trading experience. Laika AI: a browser extension that offers onchain analytics, token contract analysis, wallet tracking, AI alerts of onchain activity, and more. SmartWhales: an onchain copy-trading platform that enables investors to follow DEX traders and automate trades to copy their activity.\ SmartWhales : an onchain copy-trading platform that enables investors to follow DEX traders and automate trades to copy their activity.\ SmartWhales SmartWhales BotFi: a protocol that enables users to automate DeFi tasks, such as copy trading, dollar cost averaging (DCA), limit order scheduling, and more. It also offers an AI token screener, a frontrunning bot, and other tools to enhance the DEX trading experience. BotFi : a protocol that enables users to automate DeFi tasks, such as copy trading, dollar cost averaging (DCA), limit order scheduling, and more. It also offers an AI token screener, a frontrunning bot, and other tools to enhance the DEX trading experience. BotFi BotFi Laika AI: a browser extension that offers onchain analytics, token contract analysis, wallet tracking, AI alerts of onchain activity, and more. Laika AI : a browser extension that offers onchain analytics, token contract analysis, wallet tracking, AI alerts of onchain activity, and more. Laika AI Laika AI Entendre Finance: an AI accounting tool that enables users to aggregate onchain activity from different platforms, automating transaction tracking, analysis, and record-keeping. Entendre Finance : an AI accounting tool that enables users to aggregate onchain activity from different platforms, automating transaction tracking, analysis, and record-keeping. Entendre Finance Entendre Finance Closing Summary Covalent has significantly improved its network since Messari’s last report on the protocol in Q4 2022. It has expanded support to over 225 blockchains, decentralized another layer in its supply-side operations, launched the GoldRush developer kit, implemented a CQT buyback program, and announced the Ethereum Wayback Machine. As we move forward into the remainder of 2024 and beyond, Covalent is poised to increase its API usage while continuing to enhance its protocol in the next stage of the market cycle. last report last report This story was distributed as a release by Btcwire under HackerNoon’s Brand As An Author Program. Learn more about the program here: https://business.hackernoon.com/brand-as-author This story was distributed as a release by Btcwire under HackerNoon’s Brand As An Author Program. Learn more about the program here: https://business.hackernoon.com/brand-as-author Btcwire https://business.hackernoon.com/brand-as-author https://business.hackernoon.com/brand-as-author

Messari Summary Report On Covalent’s Growth In Market Cap, Staking And Token Buyback In Q1 2024

Solana has become a significant player in the transforming landscape of blockchain technology and decentralized finance (DeFi). Blockchain developers prefer it for its high performance, scalability, and vibrant ecosystem to build blockchain and crypto solutions. Crypto swapping and staking are crucial crypto solutions that developers build using Solana blockchain development services. They play a pivotal role in supporting and growing the network. Some of the most popular swapping and staking solutions run on the Solana blockchain. Understanding Swapping on Solana Swapping refers to exchanging one cryptocurrency for another, often facilitated by decentralized exchanges (DEXs) or automated market makers (AMMs). Solana's architecture facilitates speed and efficiency, making swapping on this blockchain network a seamless experience. It allows users to exchange one Solana asset for another effortlessly. This tool eliminates the need to create new frameworks or code structures. For instance, users can swap SOL for assets like Ethereum, Bitcoin, stablecoins such as USDC or USDT, or any token within Solana's SPL token program. To initiate a Solana token swap, users can turn to decentralized exchanges (DEX) that operate as automatic market makers (AMMs). Platforms like Raydium, Dexlab, and Mango Markets are popular choices for Solana token swaps. These exchanges leverage Solana's rapid transaction speed to facilitate instantaneous swaps with minimal fees. Overall, Solana's swapping mechanism on DEX platforms empowers users with the flexibility to trade a diverse array of tokens. It contributes to the dynamic DeFi ecosystem thriving on the Solana blockchain. Benefits of Swapping on Solana 1. High Speed Solana's high throughput enables speedy transaction confirmation, allowing for swift swaps. 2. Low Transaction Costs The Solana network boasts significantly lower transaction fees than many other blockchains, making swapping cost-effective. 3. Wide Range of Assets Solana supports diverse tokens, providing ample opportunities for swapping digital assets. 4. Robust Decentralized Exchanges (DEXs) Solana's ecosystem hosts several decentralized exchanges (DEXs) that operate as automated market makers (AMMs). These platforms, such as Raydium, Serum, and others, leverage Solana's speed and efficiency to offer seamless token swaps with high liquidity. 5. Integrated DeFi Ecosystem Swapping on Solana is not limited to basic token exchanges. The platform's integration with decentralized finance (DeFi) protocols allows for advanced trading features, such as liquidity provision, yield farming, impermanent loss protection, and access to various DeFi products and services. 6. Enhanced User Experience Solana's user-friendly interfaces, fast transaction speeds, and low fees create a smooth user trading experience. Whether you're a beginner or an experienced trader, Solana's swapping capabilities are accessible and efficient. 7. Scalability Solana's scalability allows the network to handle a high volume of transactions without compromising speed or efficiency. This scalability is crucial for maintaining optimal trading conditions, especially during increased market activity. Maximizing Returns through Staking on Solana Solana uses a consensus mechanism called Proof of Stake (PoS). Validators run this mechanism to ensure that all transactions are verified and secured. Solana allows individuals or entities, also known as ‘stakers,’ to lock up a certain amount of SOL directly with validators as collateral to support its consensus mechanism. This process is referred to as ‘staking.’ This economic incentive is vital because it enables the establishment of more high-quality validators, which improves the network's security and efficiency. Staking involves locking up your cryptocurrency holdings in a designated wallet to support network operations and validate transactions. In return, stakers earn rewards through additional tokens or transaction fees. Solana offers robust staking mechanisms, allowing users to participate in securing the network while earning passive income. Key Features of Staking on Solana Proof of Stake (PoS) Consensus Solana utilizes a Proof of Stake consensus mechanism, where validators validate transactions and secure the network. Stakers participate by delegating their tokens to validators, contributing to network security and decentralization. High Yield Potential Solana's staking rewards can be lucrative, allowing stakers to earn attractive returns on their holdings. Network Security By staking SOL (Solana's native token) or other compatible assets, participants contribute to the security and decentralization of the Solana blockchain. Flexibility and Accessibility Solana's staking protocols offer flexibility regarding delegation options and withdrawal mechanisms, catering to many staking preferences. Embracing the Future of Finance with Solana As blockchain technology revolutionizes the financial landscape, Solana remains at the forefront of innovation, offering users unparalleled speed, scalability, and DeFi opportunities. Whether you're a seasoned crypto enthusiast or a newcomer exploring the possibilities of decentralized finance, Solana's robust infrastructure and diverse ecosystem provide a solid foundation for your journey into swapping and staking. CoinGecko Research has recognized Solana as the most popular blockchain in 2024. It indeed stands as a testament to its growing influence and adoption in the crypto community. Final Thoughts Swapping and staking are integral to the vibrant Solana ecosystem, empowering users to optimize their crypto holdings, participate in network governance, and earn passive income. By leveraging Solana's advanced blockchain capabilities and embracing the principles of decentralized finance, you can unlock new avenues for financial growth and innovation in the digital asset space. Are you looking for top-notch Solana development services but confused about where to start? Look no further! Connect with our team of expert Solana developers at Oodles Blockchain. This story was distributed under HackerNoon’s Business Blogging Program. Learn more about the program here: https://business.hackernoon.com/ Solana has become a significant player in the transforming landscape of blockchain technology and decentralized finance (DeFi). Blockchain developers prefer it for its high performance, scalability, and vibrant ecosystem to build blockchain and crypto solutions. Crypto swapping and staking are crucial crypto solutions that developers build using Solana blockchain development services . They play a pivotal role in supporting and growing the network. Some of the most popular swapping and staking solutions run on the Solana blockchain. Solana blockchain development services Understanding Swapping on Solana Understanding Swapping on Solana Swapping refers to exchanging one cryptocurrency for another, often facilitated by decentralized exchanges (DEXs) or automated market makers (AMMs). Solana's architecture facilitates speed and efficiency, making swapping on this blockchain network a seamless experience. It allows users to exchange one Solana asset for another effortlessly. This tool eliminates the need to create new frameworks or code structures. For instance, users can swap SOL for assets like Ethereum, Bitcoin, stablecoins such as USDC or USDT, or any token within Solana's SPL token program. To initiate a Solana token swap, users can turn to decentralized exchanges (DEX) that operate as automatic market makers (AMMs). Platforms like Raydium, Dexlab, and Mango Markets are popular choices for Solana token swaps. These exchanges leverage Solana's rapid transaction speed to facilitate instantaneous swaps with minimal fees. Overall, Solana's swapping mechanism on DEX platforms empowers users with the flexibility to trade a diverse array of tokens. It contributes to the dynamic DeFi ecosystem thriving on the Solana blockchain. Benefits of Swapping on Solana 1. High Speed 1. High Speed Solana's high throughput enables speedy transaction confirmation, allowing for swift swaps. 2. Low Transaction Costs 2. Low Transaction Costs The Solana network boasts significantly lower transaction fees than many other blockchains, making swapping cost-effective. 3. Wide Range of Assets 3. Wide Range of Assets Solana supports diverse tokens, providing ample opportunities for swapping digital assets. 4. Robust Decentralized Exchanges (DEXs) 4. Robust Decentralized Exchanges (DEXs) Solana's ecosystem hosts several decentralized exchanges (DEXs) that operate as automated market makers (AMMs). These platforms, such as Raydium, Serum, and others, leverage Solana's speed and efficiency to offer seamless token swaps with high liquidity. 5. Integrated DeFi Ecosystem 5. Integrated DeFi Ecosystem Swapping on Solana is not limited to basic token exchanges. The platform's integration with decentralized finance (DeFi) protocols allows for advanced trading features, such as liquidity provision, yield farming, impermanent loss protection, and access to various DeFi products and services. 6. Enhanced User Experience 6. Enhanced User Experience Solana's user-friendly interfaces, fast transaction speeds, and low fees create a smooth user trading experience. Whether you're a beginner or an experienced trader, Solana's swapping capabilities are accessible and efficient. 7. Scalability 7. Scalability Solana's scalability allows the network to handle a high volume of transactions without compromising speed or efficiency. This scalability is crucial for maintaining optimal trading conditions, especially during increased market activity. Maximizing Returns through Staking on Solana Solana uses a consensus mechanism called Proof of Stake (PoS). Validators run this mechanism to ensure that all transactions are verified and secured. Solana allows individuals or entities, also known as ‘stakers,’ to lock up a certain amount of SOL directly with validators as collateral to support its consensus mechanism. This process is referred to as ‘staking.’ This economic incentive is vital because it enables the establishment of more high-quality validators, which improves the network's security and efficiency. Staking involves locking up your cryptocurrency holdings in a designated wallet to support network operations and validate transactions. In return, stakers earn rewards through additional tokens or transaction fees. Solana offers robust staking mechanisms, allowing users to participate in securing the network while earning passive income. Key Features of Staking on Solana Proof of Stake (PoS) Consensus Proof of Stake (PoS) Consensus Solana utilizes a Proof of Stake consensus mechanism, where validators validate transactions and secure the network. Stakers participate by delegating their tokens to validators, contributing to network security and decentralization. High Yield Potential High Yield Potential Solana's staking rewards can be lucrative, allowing stakers to earn attractive returns on their holdings. Network Security Network Security By staking SOL (Solana's native token) or other compatible assets, participants contribute to the security and decentralization of the Solana blockchain. Flexibility and Accessibility Flexibility and Accessibility Solana's staking protocols offer flexibility regarding delegation options and withdrawal mechanisms, catering to many staking preferences. Embracing the Future of Finance with Solana As blockchain technology revolutionizes the financial landscape, Solana remains at the forefront of innovation, offering users unparalleled speed, scalability, and DeFi opportunities. Whether you're a seasoned crypto enthusiast or a newcomer exploring the possibilities of decentralized finance, Solana's robust infrastructure and diverse ecosystem provide a solid foundation for your journey into swapping and staking. CoinGecko Research has recognized Solana as the most popular blockchain in 2024. It indeed stands as a testament to its growing influence and adoption in the crypto community. Final Thoughts Swapping and staking are integral to the vibrant Solana ecosystem, empowering users to optimize their crypto holdings, participate in network governance, and earn passive income. By leveraging Solana's advanced blockchain capabilities and embracing the principles of decentralized finance, you can unlock new avenues for financial growth and innovation in the digital asset space. Are you looking for top-notch Solana development services but confused about where to start? Look no further! Connect with our team of expert Solana developers at Oodles Blockchain. Solana developers This story was distributed under HackerNoon’s Business Blogging Program. Learn more about the program here: https://business.hackernoon.com/ This story was distributed under HackerNoon’s Business Blogging Program. Learn more about the program here: https://business.hackernoon.com/ This story was distributed under HackerNoon’s Business Blogging Program. Learn more about the program here: https://business.hackernoon.com/ https://business.hackernoon.com/

Unlocking the Power of Swapping and Staking on Solana

সোলানাতে অদলবদল এবং স্টেকিংয়ের পাওয়ার আনলক করা

Die Macht des Swappings und Stakings auf Solana entfesseln

Liberando el poder de intercambiar y apostar en Solana

Libérer le pouvoir de l’échange et du jalonnement sur Solana

सोलाना पर स्वैपिंग और स्टेकिंग की शक्ति को अनलॉक करना

Solanaでスワッピングとステーキングのパワーを解き放つ

솔라나에서 스왑핑과 스테이킹의 힘을 활용해보세요

Desbloqueando o poder de trocar e apostar em Solana

Раскрытие возможностей обмена и ставок на Solana

Solana'da Takas ve Staking Gücünün Kilidini Açmak

Giải phóng sức mạnh của việc hoán đổi và đặt cược trên Solana

释放 Solana 上的兑换和质押功能

GEORGE TOWN, Grand Cayman, April 23rd, 2024/Chainwire/-- Zircuit, a ZK rollup with parallelized circuits and AI-enabled security, today announced that its staking program has soared past $2B in TVL in only two months. As Zircuit forges ahead towards mainnet, the ZK rollup’s staking program is rapidly gaining momentum, attracting over $2B TVL in a short 2 months. Zircuit Staking allows users to earn Zircuit Points by depositing assets that can then be migrated to Zircuit's mainnet upon launch. Users can deposit ETH, liquid staking tokens (LSTs), liquid restaking tokens (LRTs), and USDe (Ethena USD) to earn Zircuit Points. In March, Zircuit launched its Build to Earn program to incentivize builders, founders, and community members who contribute to the Zircuit ecosystem. The program has already attracted over 1,000 submissions. With Zircuit's growing pre-launch TVL and community, approved projects will capture the interest of users in one of the fastest-growing L2s and benefit from a supercharged developer experience. In addition, developers and ecosystem contributors who participate in Zircuit’s Build to Earn program stand to receive rewards for approved contributions. Projects that join Zircuit through Build to Earn will join the growing list of top-tier launch partners including Ethena, Ether.fi, KelpDAO, Renzo, Hashflow, Galxe, Elixir, Blocto, Eigenpie, and many others. Zircuit is currently in testnet with plans to launch its mainnet in Summer 2024. To participate in Build to Earn, users can visit: https://build.zircuit.com/ To participate in Zircuit Staking, users can visit: https://stake.zircuit.com/ About Zircuit Zircuit is a ZK rollup with parallelized circuits and AI-enabled security at the sequencer level. Built by a team of web3 security veterans and PhDs in computer science, algorithms, and cryptography, Zircuit is backed by Pantera Capital, Dragonfly Capital, and Maelstrom. To learn more visit zircuit.com or follow us on Twitter/X @ZircuitL2 Contact Jessica Graber Zircuit jessica@zircuit.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. GEORGE TOWN, Grand Cayman, April 23rd, 2024/Chainwire/-- Zircuit, a ZK rollup with parallelized circuits and AI-enabled security, today announced that its staking program has soared past $2B in TVL in only two months. staking program staking program As Zircuit forges ahead towards mainnet, the ZK rollup’s staking program is rapidly gaining momentum, attracting over $2B TVL in a short 2 months. Zircuit Staking allows users to earn Zircuit Points by depositing assets that can then be migrated to Zircuit's mainnet upon launch. Users can deposit ETH, liquid staking tokens (LSTs), liquid restaking tokens (LRTs), and USDe (Ethena USD) to earn Zircuit Points. In March, Zircuit launched its Build to Earn program to incentivize builders, founders, and community members who contribute to the Zircuit ecosystem. The program has already attracted over 1,000 submissions. With Zircuit's growing pre-launch TVL and community, approved projects will capture the interest of users in one of the fastest-growing L2s and benefit from a supercharged developer experience. In addition, developers and ecosystem contributors who participate in Zircuit’s Build to Earn program stand to receive rewards for approved contributions. Projects that join Zircuit through Build to Earn will join the growing list of top-tier launch partners including Ethena, Ether.fi, KelpDAO, Renzo, Hashflow, Galxe, Elixir, Blocto, Eigenpie, and many others. Zircuit is currently in testnet with plans to launch its mainnet in Summer 2024. To participate in Build to Earn, users can visit: https://build.zircuit.com/ https://build.zircuit.com/ https://build.zircuit.com/ To participate in Zircuit Staking, users can visit: https://stake.zircuit.com/ https://stake.zircuit.com/ https://stake.zircuit.com/ About Zircuit Zircuit is a ZK rollup with parallelized circuits and AI-enabled security at the sequencer level. Built by a team of web3 security veterans and PhDs in computer science, algorithms, and cryptography, Zircuit is backed by Pantera Capital, Dragonfly Capital, and Maelstrom. To learn more visit zircuit.com or follow us on Twitter/X @ZircuitL2 zircuit.com zircuit.com @ZircuitL2 @ZircuitL2 Contact Jessica Graber Zircuit jessica@zircuit.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. here. here.

Zircuit Staking Soars Past $2B TVL In Only Two Months

Zircuit Staking মাত্র দুই মাসে $2B TVL ছাড়িয়েছে

Zircuit-Staking übersteigt in nur zwei Monaten 2 Milliarden US-Dollar TVL

La apuesta por Zircuit supera los 2.000 millones de dólares TVL en sólo dos meses

Le jalonnement de Zircuit dépasse les 2 milliards de dollars TVL en seulement deux mois

ज़िरकुइट की हिस्सेदारी केवल दो महीनों में $2B TVL से अधिक हो गई

Zircuit ステーキング、わずか 2 か月で TVL 20 億ドルを突破

지르퀴트 스테이킹은 단 2개월 만에 TVL 20억 달러를 넘어 치솟았습니다.

Zircuit Staking ultrapassa US$ 2 bilhões de TVL em apenas dois meses

Ставка Zircuit превысила $2 млрд TVL всего за два месяца

Zircuit Staking Sadece İki Ayda 2 Milyar Doları Geçti

Đặt cược Zircuit tăng vọt vượt qua 2 tỷ USD TVL chỉ sau hai tháng

Zircuit 质押总锁定金额仅两个月就突破 20 亿美元

London, UK, April 23rd, 2024/Chainwire/--SatoshiDEX, the pioneering Bitcoin DEX, announces the Staking system, enabling users to earn rewards in advance of the platform's official launch. Boasting a successful presale exceeding $10 million, SatoshiDEX continues to gain momentum. The SatoshiDEX team has implemented a dynamic APY for their Staking System, allowing presale participants to access significantly higher rewards. To get started, users can visit the SatoshiDEX staking dashboard and lock their $SATX tokens (Polygon, Optimism, Binance Smart Chain, Arbitrum, Base and Avalanche). If interested users don’t have $SATX tokens they can acquire them via the Presale. The key features of SatoshiDEX are: Expanded asset support: Seamless cross-chain swaps between Bitcoin and other assets.
Enhanced Security: SatoshiDEX leverages the Layer 2 Stacks blockchain solutions to provide a new security level for traders and investors.
Scalable Infrastructure and Multi-Chain support: Stacks' microblocks feature enables an increase in transaction speed and healthy staking growth. According to the Roadmap SatoshiDEX team has fundamental plans for this year. Their next milestones are: Mainnet launch;
Release of the initial liquidity pools: the first set of liquidity pools, focusing on key Bitcoin and Stacks pairs. About SatoshiDex SatoshiDEX represents a paradigm shift in decentralized finance, offering a platform where innovation converges with utility on the Bitcoin blockchain. By leveraging the Stacks Layer 2 chain, SatoshiDEX facilitates seamless asset swaps and liquidity provisioning, eliminating the need for wrapped assets and mitigating costly Ethereum fees. Contact Jeremy Nita SatoshiDEX contact@satoshidex.ai This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. London, UK, April 23rd, 2024/Chainwire/--SatoshiDEX, the pioneering Bitcoin DEX, announces the Staking system , enabling users to earn rewards in advance of the platform's official launch. Boasting a successful presale exceeding $10 million, SatoshiDEX continues to gain momentum. The SatoshiDEX team has implemented a dynamic APY for their Staking System, allowing presale participants to access significantly higher rewards. Staking system Staking system To get started, users can visit the SatoshiDEX staking dashboard and lock their $SATX tokens (Polygon, Optimism, Binance Smart Chain, Arbitrum, Base and Avalanche). If interested users don’t have $SATX tokens they can acquire them via the Presale . dashboard dashboard Presale Presale The key features of SatoshiDEX are : The key features of SatoshiDEX are The key features of SatoshiDEX are Expanded asset support: Seamless cross-chain swaps between Bitcoin and other assets. Enhanced Security: SatoshiDEX leverages the Layer 2 Stacks blockchain solutions to provide a new security level for traders and investors. Scalable Infrastructure and Multi-Chain support: Stacks' microblocks feature enables an increase in transaction speed and healthy staking growth. Expanded asset support: Seamless cross-chain swaps between Bitcoin and other assets. Enhanced Security: SatoshiDEX leverages the Layer 2 Stacks blockchain solutions to provide a new security level for traders and investors. Scalable Infrastructure and Multi-Chain support: Stacks' microblocks feature enables an increase in transaction speed and healthy staking growth. According to the Roadmap SatoshiDEX team has fundamental plans for this year. Their next milestones are: Roadmap Roadmap Mainnet launch; Release of the initial liquidity pools: the first set of liquidity pools, focusing on key Bitcoin and Stacks pairs. Mainnet launch; Release of the initial liquidity pools: the first set of liquidity pools, focusing on key Bitcoin and Stacks pairs. About SatoshiDex SatoshiDEX represents a paradigm shift in decentralized finance, offering a platform where innovation converges with utility on the Bitcoin blockchain. By leveraging the Stacks Layer 2 chain, SatoshiDEX facilitates seamless asset swaps and liquidity provisioning, eliminating the need for wrapped assets and mitigating costly Ethereum fees. Contact Jeremy Nita SatoshiDEX contact@satoshidex.ai This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. here. here.

Staking On Bitcoin, SatoshiDEX Staking For Presale Investors Is Now Live

With Bitcoin’s ETF approval and institutional participation set to reach record levels, particularly in liquid staking and Real World Assets (RWAs), the DeFi landscape is on the edge of a transformative shift towards a new era of financial innovation. The eventual approval of a Spot Ethereum ETF is expected to spur what could be the most significant DeFi Summer yet. This upcoming season will be different from the last, characterized by a surge in institutional investment across liquid staking (via Spot Ethereum ETFs), tokenization of RWAs, and sophisticated financial products. These developments are reshaping the DeFi investment landscape, with financial industry powerhouses like Goldman Sachs and JP Morgan leading the way. The approval of a Spot Ethereum ETF will attract liquidity into the liquid staking sector and the DeFi ecosystem Ethereum’s edge over Bitcoin is its staking feature, enabling investors to earn yield. While a Spot Bitcoin ETF primarily offers a more accessible means for institutions to hold Bitcoin, an ETH ETF would extend this accessibility to liquid staking. This is expected to open new revenue streams for issuers and provide retail investors with opportunities to participate in staking without directly owing ETH, thereby easing entry into the crypto market and appealing to a broader range of investors. The liquid staking sector has already garnered attention from institutions, recognizing its advantages over traditional yield-earning methods like bonds. In liquid staking, investors can maintain liquidity through Liquid Staking Tokens (LSTs) even as their assets are staked and “locked up”. Historical trends suggest that institutional engagement in liquid staking will likely increase following the approval of a Spot Ethereum ETF. For example, following the Shanghai Upgrade, the largest staking platform for institutional investors recorded triple the number of deposits from the previous month, as it enabled the withdrawal of staked ETH for the first time. The approval of an ETH ETF is expected to amplify this interest, offering institutions a more straightforward entry point into Ethereum without the complexities of crypto exposure. Beyond liquid staking, an ETH ETF would benefit the entire DeFi ecosystem. Ethereum’s role as the backbone of DeFi means that increased institutional investment in its consensus layer, facilitated by staked ETH ETFs, could lead to broader interest in other DeFi sectors. Institutions, always in pursuit of new revenue opportunities, may be inspired by their successes in liquid staking to explore other areas like synthetic assets, and derivatives. The Tokenization of RWAs will attract the greatest levels of liquidity RWAs are already acting as a crucial link between traditional finance and the transformative blockchain sector. Witnessing an unprecedented rise, RWAs have grown from $100 million to $1 billion within just a year and are now in the position to become the eighth-largest sector in DeFi, surpassing even derivatives. This growth trajectory is attracting significant institutional interest, with notable examples including BlackRock offering tokenized shares, Goldman Sachs issuing €100M in digital bonds, and the US T-bills market reaching a valuation of US$617M. Despite their potential, DeFi yields often fall short in competing with the security of Treasury bills in the current environment, making investor attraction challenging. However, tokenization is emerging as a more effective method for unlocking liquidity compared to traditional forms of fractionalization. The integration of traditional assets with Web3 technology is a compelling real-world application of blockchain that cannot be ignored. As the market gears up for the next bull run, the adoption of tokenization is expected to gain momentum, particularly among institutional investors. Similar to the impact of liquid staking, the practical benefits of tokenization of RWAs are likely to spur increased institutional interest across DeFi sectors. As the financial landscape gears up for a significant expansion, monitoring the protocols and infrastructure that facilitate this transition becomes crucial, and in this scenario, RWAs are set to play a central role. Tokenization will allow more sophisticated products to come to fruition The ongoing evolution of tokenization is set to transform the realm of staking, broadening its reach to encompass traditional financial instruments like T-bills and bonds. This convergence of Web3 technology with traditional finance is set to simplify institutional entry, thereby drawing in more liquidity. In a financial landscape where interest rates are on a downward trajectory and liquidity is shifting towards more speculative markets, digital assets stand to experience substantial growth. This shift is leading investors to recognize the potential to access a comprehensive range of opportunities in a single location. For instance, tokenized treasury bonds offer monetary premiums while also allowing participation in liquidity pools and engagement in lending markets, providing exposure to high-yield opportunities, within the decentralized finance space, with assets like $ETH being prime examples. As the crypto industry and its offerings continue to develop, so does the sophistication of its user base. Today’s users, with their increasingly complex financial needs, are driving the market towards more mature offerings. There is a growing demand for sophisticated structured products built on yield-bearing assets, offering greater liquidity and more diverse investment options. Conclusion The approval of the Spot Bitcoin ETF was momentous. However, it serves primarily as a precursor to the approval of a Spot Ethereum ETF which is set to be the true catalyst for the coming DeFi Summer. With institutional backing, the TVL of the liquid staking sector is anticipated to increase. Institutions that are eager to capitalize on Ethereum’s yield-generating potential are expected to play a more active role in Ethereum’s consensus layer, thus deepening their involvement across the DeFi ecosystem. At the same time, the tokenization of RWAs is emerging as a dominant sector within DeFi. Already gaining momentum, institutions are recognising the advantages of tokenization over traditional fractionalization methods, particularly in its capacity to enable the creation of sophisticated financial products. The Bitcoin ETF approval has provided the necessary validation for this blockchain application, propelling it to the next level. This integration of Web3 technology with traditional financial instruments, such as T-Bills and bonds, is set to draw more institutional players into the DeFi space, further boosting liquidity and innovation. As we stand on the brink of these groundbreaking developments, the DeFi landscape is not only poised for growth but for a complete transformation, signaling a new era of financial innovation and opportunity. With Bitcoin’s ETF approval and institutional participation set to reach record levels, particularly in liquid staking and Real World Assets (RWAs), the DeFi landscape is on the edge of a transformative shift towards a new era of financial innovation. The eventual approval of a Spot Ethereum ETF is expected to spur what could be the most significant DeFi Summer yet. This upcoming season will be different from the last, characterized by a surge in institutional investment across liquid staking (via Spot Ethereum ETFs), tokenization of RWAs, and sophisticated financial products. These developments are reshaping the DeFi investment landscape, with financial industry powerhouses like Goldman Sachs and JP Morgan leading the way. Bitcoin’s ETF approval institutional participation Ethereum ETF The approval of a Spot Ethereum ETF will attract liquidity into the liquid staking sector and the DeFi ecosystem Ethereum’s edge over Bitcoin is its staking feature, enabling investors to earn yield. While a Spot Bitcoin ETF primarily offers a more accessible means for institutions to hold Bitcoin, an ETH ETF would extend this accessibility to liquid staking. This is expected to open new revenue streams for issuers and provide retail investors with opportunities to participate in staking without directly owing ETH, thereby easing entry into the crypto market and appealing to a broader range of investors. The liquid staking sector has already garnered attention from institutions, recognizing its advantages over traditional yield-earning methods like bonds. In liquid staking, investors can maintain liquidity through Liquid Staking Tokens (LSTs) even as their assets are staked and “locked up”. Historical trends suggest that institutional engagement in liquid staking will likely increase following the approval of a Spot Ethereum ETF. For example, following the Shanghai Upgrade, the largest staking platform for institutional investors recorded triple the number of deposits from the previous month , as it enabled the withdrawal of staked ETH for the first time. The approval of an ETH ETF is expected to amplify this interest, offering institutions a more straightforward entry point into Ethereum without the complexities of crypto exposure. the largest staking platform for institutional investors recorded triple the number of deposits from the previous month the largest staking platform for institutional investors recorded triple the number of deposits from the previous month Beyond liquid staking, an ETH ETF would benefit the entire DeFi ecosystem. Ethereum’s role as the backbone of DeFi means that increased institutional investment in its consensus layer, facilitated by staked ETH ETFs, could lead to broader interest in other DeFi sectors. Institutions, always in pursuit of new revenue opportunities, may be inspired by their successes in liquid staking to explore other areas like synthetic assets, and derivatives. The Tokenization of RWAs will attract the greatest levels of liquidity The Tokenization of RWAs will attract the greatest levels of liquidity RWAs are already acting as a crucial link between traditional finance and the transformative blockchain sector. Witnessing an unprecedented rise, RWAs have grown from $100 million to $1 billion within just a year and are now in the position to become the eighth-largest sector in DeFi, surpassing even derivatives. This growth trajectory is attracting significant institutional interest, with notable examples including BlackRock offering tokenized shares, Goldman Sachs issuing €100M in digital bonds, and the US T-bills market reaching a valuation of US$617M. Despite their potential, DeFi yields often fall short in competing with the security of Treasury bills in the current environment, making investor attraction challenging. However, tokenization is emerging as a more effective method for unlocking liquidity compared to traditional forms of fractionalization. The integration of traditional assets with Web3 technology is a compelling real-world application of blockchain that cannot be ignored. As the market gears up for the next bull run, the adoption of tokenization is expected to gain momentum, particularly among institutional investors. Similar to the impact of liquid staking, the practical benefits of tokenization of RWAs are likely to spur increased institutional interest across DeFi sectors. As the financial landscape gears up for a significant expansion, monitoring the protocols and infrastructure that facilitate this transition becomes crucial, and in this scenario, RWAs are set to play a central role. Tokenization will allow more sophisticated products to come to fruition Tokenization will allow more sophisticated products to come to fruition The ongoing evolution of tokenization is set to transform the realm of staking, broadening its reach to encompass traditional financial instruments like T-bills and bonds. This convergence of Web3 technology with traditional finance is set to simplify institutional entry, thereby drawing in more liquidity. In a financial landscape where interest rates are on a downward trajectory and liquidity is shifting towards more speculative markets, digital assets stand to experience substantial growth. This shift is leading investors to recognize the potential to access a comprehensive range of opportunities in a single location. For instance, tokenized treasury bonds offer monetary premiums while also allowing participation in liquidity pools and engagement in lending markets, providing exposure to high-yield opportunities, within the decentralized finance space, with assets like $ETH being prime examples. As the crypto industry and its offerings continue to develop, so does the sophistication of its user base. Today’s users, with their increasingly complex financial needs, are driving the market towards more mature offerings. There is a growing demand for sophisticated structured products built on yield-bearing assets, offering greater liquidity and more diverse investment options. Conclusion The approval of the Spot Bitcoin ETF was momentous. However, it serves primarily as a precursor to the approval of a Spot Ethereum ETF which is set to be the true catalyst for the coming DeFi Summer. With institutional backing, the TVL of the liquid staking sector is anticipated to increase. Institutions that are eager to capitalize on Ethereum’s yield-generating potential are expected to play a more active role in Ethereum’s consensus layer, thus deepening their involvement across the DeFi ecosystem. At the same time, the tokenization of RWAs is emerging as a dominant sector within DeFi. Already gaining momentum, institutions are recognising the advantages of tokenization over traditional fractionalization methods, particularly in its capacity to enable the creation of sophisticated financial products. The Bitcoin ETF approval has provided the necessary validation for this blockchain application, propelling it to the next level. This integration of Web3 technology with traditional financial instruments, such as T-Bills and bonds, is set to draw more institutional players into the DeFi space, further boosting liquidity and innovation. As we stand on the brink of these groundbreaking developments, the DeFi landscape is not only poised for growth but for a complete transformation, signaling a new era of financial innovation and opportunity.

Institutions, Liquid Staking and RWAs Will Characterise the Next DeFi Summer

ইনস্টিটিউশন, লিকুইড স্টেকিং এবং আরডব্লিউএ পরবর্তী ডিফাই গ্রীষ্মের বৈশিষ্ট্য তৈরি করবে

Institutionen, Liquid Staking und RWAs werden den nächsten DeFi-Sommer prägen

Las instituciones, las apuestas líquidas y los RWA caracterizarán el próximo verano de DeFi

Les institutions, le jalonnement de liquidités et les RWA caractériseront le prochain été DeFi

संस्थान, लिक्विड स्टेकिंग और आरडब्ल्यूए अगले डीफाई समर की विशेषता होंगे

機関投資家、流動性ステーキング、RWAが次のDeFiの夏を特徴づける

기관, 유동 스테이킹 및 RWA가 다음 DeFi 여름의 특징이 될 것입니다

Instituições, Liquid Staking e RWAs caracterizarão o próximo verão DeFi

Институции, ликвидные ставки и RWA будут характеризовать следующее лето DeFi

Gelecek DeFi Yazını Kurumlar, Liquid Staking ve RWA'lar Belirleyecek

Các tổ chức, đặt cược thanh khoản và RWA sẽ đặc trưng cho mùa hè DeFi tiếp theo

机构、流动性质押和风险加权资产将成为下一个 DeFi 夏季的特征

Liquid staking, a novel concept in the decentralized finance (DeFi) realm, has been gaining traction as a promising avenue for crypto investors seeking to optimize the utility of their staked assets. This innovative approach combines the benefits of traditional Proof-of-Stake (PoS) staking with the flexibility and liquidity offered by DeFi platforms. In this comprehensive article, we delve deeper into the intricacies of liquid re-staking, exploring what it entails, how it operates, and the myriad advantages it brings to the table. Stay one step ahead with the freshest AI trends, revolutionary ventures, and complimentary mini-courses by subscribing to our weekly newsletter, It's the ultimate tool to keep you in the loop amidst the rapid advancements in artificial intelligence. And guess what? It won't cost you a single cent! Join us today and let our newsletter be your trusted guide in the ever-changing landscape of AI. .’ 'AI Hunters Understanding the Mechanics of Liquid Staking Liquid staking fundamentally involves staking one's assets in a platform that issues liquid staking tokens (LSTs) in return. These tokens represent the user's stake and can be utilized within various DeFi protocols for trading, lending, or borrowing purposes. Unlike conventional staking mechanisms that often lock up assets for a predetermined period, liquid staking provides users with immediate access to their staked assets without any unbinding delays. When an individual opts to stake their assets through a liquid staking platform, they receive LSTs equivalent to their stake. These tokens are fungible and can be seamlessly traded or utilized in DeFi applications. By holding LSTs, users can benefit from increased liquidity and flexibility compared to traditional staking methods. Moreover, the ability to earn rewards through DeFi protocols further enhances the appeal of liquid staking. The staking process itself looks as follows: Users stake their assets, such as Ethereum (ETH), in a liquid staking platform. The platform issues users liquid staking tokens (LSTs) equivalent to their staked assets. Users receive LSTs representing their staked assets and accrued interest. These LSTs are tradable and can be utilized in various DeFi protocols to earn additional yield. Users can freely trade, lend, borrow, or provide liquidity using their LSTs in DeFi applications. The flexibility of LSTs allows users to engage in diverse DeFi activities while their assets remain staked. By leveraging LSTs in DeFi protocols, users can maximize their yield potential and earn rewards beyond traditional staking mechanisms. Users can compound rewards by actively participating in various DeFi strategies. Advantages of Liquid Staking 1. Accessibility Liquid staking offers enhanced accessibility by enabling users to retain control over their staked assets while still participating in staking activities. This accessibility is particularly valuable for individuals who prioritize liquidity and flexibility in managing their crypto holdings. 2. Liquidity By converting their staked assets into LSTs, users gain access to a liquid form of their holdings that can be easily traded or utilized in various DeFi platforms. This liquidity empowers investors to capitalize on emerging opportunities within the DeFi ecosystem. 3. DeFi Composability The interoperability of LSTs with different DeFi protocols allows users to leverage their staked assets across multiple platforms. This composability enhances the potential for earning rewards and engaging in diverse DeFi activities. 4. Enhanced Rewards Liquid staking presents an avenue for users to maximize their returns by utilizing LSTs in DeFi applications that offer additional incentives or yield opportunities. This feature enables investors to generate passive income streams beyond traditional staking mechanisms. Potential Drawbacks of Liquid Staking While liquid staking offers numerous advantages, it is essential to consider the potential drawbacks associated with this emerging trend: 1. Security Risks Sending assets to smart contracts for liquid staking exposes users to security vulnerabilities and potential exploits within DeFi platforms. It is crucial for investors to conduct thorough due diligence and adopt robust security measures when engaging in liquid staking activities. 2. Transaction Fees Unstaking LSTs may incur transaction fees that could impact overall returns for users. It is advisable for investors to assess fee structures and factor these costs into their decision-making process. All in all, liquid re-staking represents a compelling innovation that bridges the gap between traditional staking models and the dynamic landscape of decentralized finance. In our own work with DeFi projects we see more and more Liquid staking projects. Embracing liquid staking can unlock new opportunities for optimizing their asset utilization while navigating the evolving terrain of DeFi ecosystems. P.S. Check out some of my previous articles at HackerNoon: Google Introduces Gemma: Revolutionary Access to Pre-Trained AI Models Sora's AI Innovation Set to Disrupt Video Content Creation Breaking Down the Next Big Thing in NFTs: ERC-404 Spotlight Gemini 1.5 Unleashes Unprecedented Context for AI Applications The AI Revolution in Journalism: A New Era of Enhanced Reporting DeFi Community Building: A Step-by-Step Guide for Crypto Startups

Decoding Liquid Staking: Revolutionizing DeFi Staking with Flexibility and Rewards

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