LST

StakingFarm Capitalizes on Surging Ethereum Staking Demand

Retrieved on: 
Thursday, May 2, 2024
Cardano, Knowledge, Toci, Lido, LST, Cryptocurrency

"As Ethereum solidifies its position as a foundational asset within the blockchain space, the demand for more lucrative and diverse staking options is becoming palpable," stated Klajdi Toci, CEO of StakingFarm.

Key Points: 
  • "As Ethereum solidifies its position as a foundational asset within the blockchain space, the demand for more lucrative and diverse staking options is becoming palpable," stated Klajdi Toci, CEO of StakingFarm.
  • "Recognizing this shift, StakingFarm is strategically enhancing its services to meet the growing appetite for Ethereum staking, ensuring our staking platform remains at the forefront of this trend."
  • StakingFarm is introducing an advanced staking framework that aims to leverage the inherent vibrancy of the Ethereum ecosystem.
  • Investors interested in leveraging the lucrative opportunities in Ethereum staking are invited to explore the advanced solutions offered by StakingFarm .

Nomic Unveils Bitcoin Liquid Staking Token Powered by Babylon's Bitcoin Staking Protocol

Retrieved on: 
Wednesday, April 10, 2024
Ethereum, Cosmos, Decentralized finance, BTC, IBC, Traction, NOM, POS, UTXO, LST, Cryptocurrency

Leveraging Babylon's technology, Nomic is introducing stBTC, a groundbreaking Bitcoin Liquid Staking Token (LST).

Key Points: 
  • Leveraging Babylon's technology, Nomic is introducing stBTC, a groundbreaking Bitcoin Liquid Staking Token (LST).
  • Additionally, through the integration of Babylon's Bitcoin staking protocol, Nomic will roll out dual-stake security, where Nomic will become secured both by staked BTC and staked NOM, Nomic's native token.
  • Built utilizing Babylon's Bitcoin staking protocol, stBTC is a new Bitcoin LST that will offer Bitcoin holders similar advantages within the Cosmos ecosystem.
  • "We are thrilled to see Babylon's Bitcoin staking protocol play a crucial role in Nomic's launch of stBTC.

OKX Ventures Invests in Renzo, a Leading ETH Restaking Protocol on Eigenlayer

Retrieved on: 
Tuesday, January 16, 2024
Ethereum, Decentralized finance, Web3, ETH, USD, OKX, LST, Growth, Cryptocurrency

SINGAPORE, Jan. 15, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading Web3 technology company OKX , today announced an investment in Renzo , a new DeFi Liquid Restaking Protocol, that is live on EigenLayer's Mainnet, allowing users to restake their ETH and bypass Eigenlayer Liquid Staking Tokens (LST) caps.

Key Points: 
  • SINGAPORE, Jan. 15, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading Web3 technology company OKX , today announced an investment in Renzo , a new DeFi Liquid Restaking Protocol, that is live on EigenLayer's Mainnet, allowing users to restake their ETH and bypass Eigenlayer Liquid Staking Tokens (LST) caps.
  • The investment is OKX Ventures' first in projects that utilize EigenLayer , the protocol built on Ethereum that enables users to restake their ETH, secure new networks and capture offering additional higher yields.
  • Renzo successfully launched its Beta Mainnet on December 18th 2023, attracting USD $20 million in deposits from over 2,000 users, making it the fastest growing Restaking Protocol on EigenLayer.
  • As Renzo scales and prepares for the launch of EigenDA, relationships with leading exchanges like OKX will ultimately help to make Renzo the most accessible and easy-to-use ETH restaking solution in the crypto space."

WEMIX3.0’s stWEMIX Liquid Staking Token Makes Worldwide Debut on BitMart and GOPAX

Retrieved on: 
Wednesday, January 10, 2024
Growth, LST, WeMade Entertainment, Swap, Cryptocurrency and crime, Decentralized finance, Ecosystem, Cryptocurrency

stWEMIX enables holders to participate in staking to earn rewards while also being able to buy, sell, or trade the token, leading to increased liquidity and flexibility

Key Points: 
  • stWEMIX enables holders to participate in staking to earn rewards while also being able to buy, sell, or trade the token, leading to increased liquidity and flexibility
    Leading global blockchain firm Wemade has introduced stWEMIX - the Liquid Staking Token (LST) representing staked WEMIX (the WEMIX3.0 blockchain’s native coin).
  • stWEMIX made its worldwide debut on BitMart, the premier global digital asset trading platform with millions of users worldwide, ranked among the top crypto exchanges on CoinGecko; and in Korea on GOPAX, one of the country’s top five virtual asset exchanges.
  • stWEMIX enables holders to participate in staking to earn rewards while also being able to buy, sell, or trade the token.
  • stWEMIX can be issued by depositing WEMIX in Liquid Staking or from being traded through Swap on WEMIX.Fi, the first official DeFi platform built on the WEMIX3.0 blockchain.

Flash News: OKX Wallet Now Integrated with StakeStone, an Omni-Chain Liquid Staking Token Protocol

Retrieved on: 
Wednesday, January 10, 2024
Web3, LST, Liquid, Architecture, OKX, Cryptocurrency

SINGAPORE, Jan. 10, 2024 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for January 10, 2024.

Key Points: 
  • SINGAPORE, Jan. 10, 2024 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for January 10, 2024.
  • OKX Wallet Now Integrated with StakeStone, an Omni-Chain Liquid Staking Token Protocol
    OKX Wallet now supports StakeStone, an omni-chain LST (Liquid Staking Token) protocol aiming to bring native staking yields and liquidity to Layer 2s in a decentralized manner.
  • With its highly scalable architecture, StakeStone not only supports leading staking pools but is also compatible with the upcoming restaking.
  • With this integration, OKX Wallet users can now access StakeStone via web extension.

Flash News: OKX DeFi Now Supports EigenLayer, a Decentralized Ethereum Restaking Protocol

Retrieved on: 
Wednesday, December 20, 2023
OKX, ETH, Decentralized finance, LST, Web3, Cryptocurrency

SINGAPORE, Dec. 20, 2023 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for December 20, 2023.

Key Points: 
  • SINGAPORE, Dec. 20, 2023 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for December 20, 2023.
  • OKX DeFi Now Supports EigenLayer, a Decentralized Ethereum Restaking Protocol
    OKX DeFi now supports EigenLayer , a protocol built on Ethereum that introduces restaking, a new primitive in cryptoeconomic security.
  • Users that stake $ETH can opt-in to EigenLayer smart contracts to restake their $ETH and extend cryptoeconomic security to additional applications on the network.
  • Part of EigenLayer’s potential, therefore, lies in its ability to aggregate and extend cryptoeconomic security through restaking and to validate new applications being built on top of Ethereum.

Restaking Cloud Moves to a Full Featured Testnet - A Milestone in Restaking Infrastructure

Retrieved on: 
Thursday, December 14, 2023
Cloud, ZK, Ecosystem, Risk, LST, DVT, RSTS, Logic, MEV, ETH, K2, Cryptocurrency

Matt Shams (Anis), CEO of Blockswap Labs (core contributor to Restaking Cloud), said:

Key Points: 
  • Matt Shams (Anis), CEO of Blockswap Labs (core contributor to Restaking Cloud), said:
    The future for Restaking Cloud is evident and there is a clear market demand for what we have built.
  • As we begin onboarding restakers and middleware, we will continue to share the future of Restaking Cloud.
  • By this time next year, we will release restaking infrastructure far exceeding the capabilities of basic slashing and liveness logic you see with this testnet release.
  • There are builders and retakers from across the web3 industry joining Restaking Cloud.

Flash News: OKX Wallet Partners with ETHPLUS (ETH+), Giving Users an APR Boost of Up to 20% on Staked ETH and ETH+

Retrieved on: 
Sunday, December 10, 2023
Ethereum, OKX, LST, APR, Decentralized finance, RSR, UTC, Web3, Convex, ETH, Cryptocurrency

OKX Wallet today partnered with ETHPLUS (ETH+) powered by Reserve Protocol to offer users who stake Curve LP ETH+-WETH via Convex on OKX DeFi an APR boost of up to 20% - in addition to any base APR.

Key Points: 
  • OKX Wallet today partnered with ETHPLUS (ETH+) powered by Reserve Protocol to offer users who stake Curve LP ETH+-WETH via Convex on OKX DeFi an APR boost of up to 20% - in addition to any base APR.
  • Users who participate in this promotion , which began on December 8 and ends on January 7 at 10:00am (UTC), will receive their base and additional APR in the form of ETH+.
  • ETH+ is a safety-first diversified ETH LST index, backed by Lido stETH and Rocketpool rETH.
  • ETH+ is a safety-first diversified ETH LST index that is 100% backed by Lido stETH and Rocketpool rETH.

Flash News: OKX Wallet Partners with Reserve Protocol, Giving Users an APR Boost of Up to 5% on Staked ETH and ETH+

Retrieved on: 
Monday, November 13, 2023
Ethereum, Decentralized finance, Resource Reservation Protocol, Web3, Raymond Steth, ETH, APR, Convex, OKX, UTC, LST, Cryptocurrency

SINGAPORE, Nov. 08, 2023 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for November 8, 2023.

Key Points: 
  • SINGAPORE, Nov. 08, 2023 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for November 8, 2023.
  • OKX Wallet Partners with Reserve Protocol, Giving Users an APR Boost of Up to 5% on Staked ETH and ETH+
    OKX Wallet today partnered with Reserve Protocol to offer users who stake Curve LP ETH+-WETH via Convex on OKX DeFi an APR boost of up to 5% - in addition to any base APR.
  • ETH+ is a safety-first diversified ETH LST index, backed by Lido stETH and Rocketpool rETH.
  • OKX DeFi is a powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

RedStone Delivers Report on Ethereum-Focused LSTfi Protocols, the Most Comprehensive of its Kind

Retrieved on: 
Tuesday, November 7, 2023
Merge, CDI, Redstone, Ultimate, CESR, Entrepreneurship, Research, AUM, Benchmarking, LST, CoinDesk, Cryptocurrency, Decentralized finance, Ethereum

BAAR, Switzerland, Nov. 7, 2023 /PRNewswire/ -- RedStone, originator of the next-generation oracles platform for decentralized finance, today announced the release of its LSTfi and Staking Report, The Ultimate Q4 2023 Market Overview. This Ethereum-focused report is the most comprehensive of its kind, analyzing over 50 projects featuring prominent digital asset leaders including CoinDesk Indices, EigenLayer, Lido and StakeWise (expected to launch V3) among others.

Key Points: 
  • This Ethereum-focused report is the most comprehensive of its kind, analyzing over 50 projects featuring prominent digital asset leaders including CoinDesk Indices, EigenLayer, Lido and StakeWise (expected to launch V3) among others.
  • "We've dedicated months to researching and building out this unparalleled report," said Marcin Kaźmierczak, Co-Founder and COO of RedStone.
  • Furthermore, RedStone will present its key report findings during Devconnect in Istanbul (November 13th to 19th), which is this year's biggest Ethereum gathering worldwide.
  • For more information and to view RedStone's LSTfi Report in its entirety, please visit blog.redstone.finance/2023/11/06/lstfi-report-the-ultimate-q4-2023-market-overview/ .