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Tag: Staking

Staking cryptocurrency is the practice of committing your crypto assets to a blockchain network in order to sustain it and validate transactions.

Great places to earn stablecoins with staking

The days of staking stablecoins are still pretty new and uncertain. As a result, there are some challenges for earning stablecoins with staking as some (such as $USDT) may not be able to be staked on any exchange at the moment. While this may not be the best time to stake stablecoins, there are still some options available. We’ll take a look at these options and how they can help you earn stablecoins while avoiding the risk of volatility. Criteria No...

$NEAR, $USDC, $USDT, dApps, Front page, Stablecoins, Staking

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Earn up to 18% APR staking ATOM

By staking ATOM on Cosmos Hub with a Kepler Wallet, you can get a return of up to 18.6% per year. The dividends received are paid out in ATOM. To take part, Create a Keplr Wallet, Go to the Cosmos Hub validators on the Keplr Dashboard, rate the validators based on their APR, choose a validator, Delegate by clicking the Delegate button. After that, enter the number of ATOMs that you want to delegate and follow the on-screen instructions. Staking...

$ATOM, COSMOS, Staking

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Liquid Staking with $NEAR

Liquidity is a problem for most crypto investors, who can’t easily convert their funds into cash in order to access real-world assets. Liquidity is also a problem for DEX protocols like NEAR and Aurora—often, these protocols need liquidity to operate smoothly but don’t have enough to cover their needs. But here is a way you could use your crypto to get both liquidity and rewards. Meta Pool lets you stake your $NEAR on the blockchain...

$NEAR, Cryptocurrencies, DeFi, Staking

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5 entities own 64% of staked ETH; ETH sell-off

A study from Nansen reveals that 5 organizations possess 64% of staked Ether (ETH) ahead of Ethereum’s Merge with the Beacon Chain. Also, Nansen determined that more than 70% of staked ETH is worth less than when bought. They published a research addressing one of the main anxieties highlighted by Ethereum’s Merge: that a large number of “stakers” may sell out ether (ETH) if given the opportunity. Centralization Five...

$stETH, Cryptocurrencies, ETH2, Ethereum, Front page, Staking

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Top Yield Farms on Polygon

We’ve all been there: you’re looking for a way to make money, but you don’t know where to start. Luckily, there are a lot of options out there for earning crypto. Whether you’re interested in mining or just want a passive income, here are some of the best crypto Yield Farms on Polygon. What is Polygon? Polygon is a blockchain-based ecosystem that aims to help users manage their crypto assets more effectively. It...

$MATIC, DeFi, Front page, Polygon, Staking, Yield farming

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Staked Ethereum arbitrage opportunity

Lido Finance now exchanges ETH for stETH. Lido’s staking feature compensates customers for locking up ETH on the exchange. Staked Ethereum is an Ethereum coin that represents ETH staked for a long time to sustain and safeguard the Ethereum blockchain network operating on the Beacon Chain. Beacon Chain is a proof-of-stake variant of Ethereum’s blockchain. stETH operates as an IOU and might be exchanged into ETH when the Ethereum...

$stETH, Altcoins, ETH2, Ethereum, Lido, Staking

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Airdrop:  EVMOS Rektdrop

Evmos is a blockchain that is entirely compatible and interoperable with Ethereum. It has scalability, fast throughput, and Proof-of-Stake consensus. It was developed using the Cosmos Software Development Kit, which operates on top of the Tendermint Core consensus engine. Consequently, the Inter Blockchain Communication Protocol enables it to interface with other blockchains in the Cosmos ecosystem (IBC).  Feature Evmos Blockchain Ethereum,...

$EVMO, Airdrop, DeFi, Staking

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Terra 2.0 Launches May 28, 1.3 Billion UST to be Burn

Terra 2.0, the new version of Terra, will launch tomorrow, Saturday, May 28. The community voted to move forward with a proposal that will destroy more than 1 billion UST, in an attempt to rebind the stablecoin. Meanwhile, Terra 2.0 is expected to launch tomorrow, Saturday. Terra’s planned revival that will see the birth of a new version of the now beleaguered blockchain has been delayed by a day due to undisclosed reasons. This was reported...

$LUNA, $UST, Exchanges, Front page, News, Stablecoins, Staking

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Ethereum’s Metropolis Hard Fork Won’t Launch in June

Ethereum’s shift to proof-of-stake might have to wait a little longer. After a few weeks of speculation, Ethereum core developer Tim Beiko confirmed in a tweet Tuesday that the long-awaited Ethereum Merge will come later than expected. Instead of June, Beiko said that the network’s transition to proof-of-stake is more likely to come “in a few months after.” It won't be June, but likely in the few months after. No firm date...

ETH2, Ethereum, Featured, Staking

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Parachains

What are Parachains? A parachain is a data structure that is application-specific yet is globally coherent and validatable by the Relay Chain’s validators. They are named after the parallelized chains that run parallel to the Relay Chain. Parachains connects different DApps in the ecosystem and enables signature chains for any service for use with the Relay chain’s consensus. The Relay Chain is a data structure that acts as...

Glossary, Polkadot, Staking

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