Liquid staking is the new thing these days as more and more people try to maximize the rewards from the staked assets. We all stake our games to help secure the mainnet. This comes with the benefit of being rewarded for securing the mainnet. StaFi protocol is at the forefront of driving this narrative.

Staking

When you stake, your assets remain locked as they generate rewards for you. That way, you can’t get them out unless you’re ready to forfeit the staking rewards. With StaFi, you’re looking at a way to unlock the liquidity of your staked assets. You might be…


Going down memory lane, we can see how technology has improved our lives and the many activities we try to carry out. The internet and so has blockchain technology. While it hasn’t gained enough traction, it is fair to say that all awareness for blockchain technology and use is increasing exponentially. One project, though, that catches the eye is Persistence. A top protocol that is powering next-gen financial products that would serve both traditional, institutional and crypto-native users. The focus, however, is around three basic concepts and they have tailored their project to meet these demands. …


We all know how lucrative the staking process is turning out to be for users. Almost everyone is in one staking pool or the other. This could be simple staking pools or liquidity provider pools where rewards are generated for securing the mainnet and providing liquidity respectively. The Persistence ecosystem is not left out and this article is a pointer to the many ways you can earn by staking your XPRT. XPRT is the utility token of the Persistence ecosystem. Lets massive rewards as well as get along as holders of a project that is building the next-gen of DeFi…


The role of validators in the proof of stake consensus processes cannot be overemphasized. A process that secures a very stable operation within a blockchain system. A validator is a node that partakes in the verification and consensus processes within a blockchain. For a block to get verified or pass through the consensus process, the validator would play a vital role. These nodes (of validators) would then decide whether they would agree to a proposed block by voting. This voting process is largely tied to their voting power.

To better understand this, let’s take a look at this narrative. There…


The methods by which humans acquire knowledge has been dynamic with increasing development that comes with different eras. Ranging from writings on the walls to tree backs to papers and now the internet. Notwithstanding, it has not been easy for machines to understand the traditional methodologies of human knowledge such as texts , pictures and videos and thanks to Google this problem has being solved via the introduction of the knowledge graph technology which has given rise to the progress in Artificial Intelligence today. The building of a standard KG that can be put into use by AI appropriately is…


We all know that StaFi protocol is pushing the narrative for liquid staking and they are making lots of integrations with crypto projects in a bid to get the staked representatives of their tokens and help users do more with their staked assets. It was a good feeling seeing the representative token of ETH(on the StaFi platform) on imToken wallet, a self-custodial crypto wallet that supports Bitcoin, Ethereum, ERC20, DOT, KSM, XTZ, BCH, EOS, TRX, LTC, ATOM, CKB and FIL among others. …


On the 6th of July, 2021 we all got the great news that rSOL launch on StaFi mainnet was in the offing and we all anticipated this move till date. It is a move that ticks all the boxes but how exactly is this a great move? To understand this, let’s talk about StaFi and Solana.

StaFi Protocol

StaFi Protocol is the first DeFi platform to bring up the case for liquid staking. When we say liquid staking, we effectively imply a kind of staking where the liquidity of staked assets is unlocked. Are state assets actually locked? Yes they are. The…


In a move that ticks all the boxes, we would be seeing yet another addition to the rToken family on StaFi protocol. StaFi protocol has carved out a niche for itself as the first DeFi protocol that would help users unlock the liquidity of their staked assets. When you stake your assets on the PoS platform, they generate rewards for you based on the quantity staked. There is however a twist. These assets are locked and you cannot use them after staking. That’s where StaFi comes in but how does StaFi protocol do this?

StaFi would issue users representatives of…


Death, taxes and staking

Yes, staking!!!

A term so generally and frequently used in the blockchain space these days. Almost everyone in the space is on one staking program or the other. What exactly is staking and why has it been placed with death and taxes as “commons’’ in the world today? These and more, we will talk about as we discuss staking and the very many reasons to stake and probably make the process more efficient.

Staking

Staking involves holding or keeping the coins of a blockchain project in a cryptocurrency wallet or staking platform in order to support the…


Collaborations | Partnerships | Integrations

We live at an age and time where these three (3) words are in constant use all around us. Firms coming together to make certain processes better. We see communities merge when this happens with users on each side benefiting immensely from these partnerships. On the 23rd of July, 2021, we were shown yet another partnership as Persistence revealed their listing as one of the initial support chains on Emeris. What does this entail? First we would see what these projects actually are.

Persistence

In the decentralized finance space, Persistence is creating a niche for itself…

Chukwunelo Ebuka Alpha

Newscrypto Ambassador

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