We provide staking solutions on 45+ decentralized networks.
Feb 10, 2023 • 9 tweets • 2 min read
Yesterday, @krakenfx agreed to wind down its "staking-as-a-service" offering to its customers in the USA and paid $30M to @SECGov to settle the charges of offering unregistered securities.
Here's our take 🧵
One of the arguments by the SEC was that Kraken's offering wasn't a pure 'staking' product but more like a 'yield' product.
The SEC noted that the rewards advertised by Kraken were different from the rewards that the user could have generated themselves via staking directly.
Feb 7, 2023 • 5 tweets • 2 min read
For the past few months, we have been working on an alternative solution to capture MEV on Solana.
And we're happy to present to you a prototype and a whitepaper of the 'Solana-MEV' client today 👇
chorus.one/products/break…
The 'Solana-MEV' client is a modified version of the Solana client that allows validators to execute MEV strategies.
The block-building marketplace model like that of Ethereum may have multiple limitations...
Aug 12, 2022 • 24 tweets • 9 min read
Staking 🤝 DeFi = Liquid Staking
Most people relate Liquid Staking to protocols on Ethereum and Solana but trust us when we say this:
When you delegate your assets (say ATOM) to a validator like @ChorusOne, your ATOMs accrue rewards.
But they're also, in a way, just resting there.
You can't use them elsewhere as collateral, lend them, or use them in a Liquidity Pool.
Apr 1, 2022 • 17 tweets • 10 min read
It's safe to say that @terra_money had a wild week:
✅ $LUNA hits an ATH
✅ TVL hits an ATH
✅ @stablekwon wants Terra to become the largest holder of #bitcoin after Satoshi
But what is beneath the price action and why does everyone want in? Let's explore 🧵
It's no secret that to take blockchain to the masses, complexity needs to be abstracted away into simplicity. And @terra_money has done that time and again.
The key seems to be = Simple UX + Real-world use cases + Incredible innovation.
Head over to solana.lido.fi to mint stSOL and bring liquidity to your staked SOL.
A thread on what $stSOL is and how we came to develop this Solana liquid solution for Lido
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1/ stSOL is a token that represents staking positions with a diverse set of professional validators on Solana. This enables holders to earn staking rewards while retaining liquidity of their staked SOL, e.g. to trade or to use as collateral in the emerging Solana DeFi ecosystem.
Oct 22, 2019 • 7 tweets • 3 min read
We are partnering with @regen_network as a lead validator to support their vision of incentivizing ecological regeneration.
