Stakin Bi-Weekly Newsletter Vol. 29

Newsletter

Jun 19, 2021

2 min read

Stakin Bi-Weekly Newsletter Vol. 29

Hi Readers,

At Stakin, we continuously work on improving our solutions, platforms and services to deliver the best we can for our community and all blockchain-enthusiast. We are glad to be a part of so many different ecosystems and networks, and thus, we’d like to share some of the latest news on them with you today. Have a look below.

  • Staking Polygon Matic with Stakin is now available!
  • Stakin Finance Yield Farming Guide
  • Band Protocol Rebrand
  • Akash Network $AKT Launching on Osmosis

Staking Polygon Matic with Stakin is now available!

We’re thrilled to announce that we’re a part of the Matic ecosystem and that you are now able to stake your assets with us. Stake your @0xPolygon $MATIC tokens, contribute to the network decentralization and security, and earn up to 15% APY. For a full guide on how to stake Matic, have a look at the article listed below.

How To Delegate Polygon (Matic)
A detailed guide for delegating Polygon (Matic)

Stakin Finance Yield Farming Guide

As many of you might know, Stakin recently launched Stakin Finance, an Automated Market Making (AMM) and Yield Farming protocol running on Binance Smart Chain (BSC). If you are interested in yield farming on Stakin Finance, have a look at the recently published guide below.

How To Yield Farm $STKN
Interested In Yield Farming $STKN Stakin Finance? Learn All About It Here!

Band Protocol Rebranding

Band Protocol has undergone a rebranding, which comes as Band Oracles secure an increasing amount of value locked in smart contracts — an estimated total of $10B+ as well as implementations with traditional enterprises including Google Cloud and the Open API Initiative. For more information, click here.

Akash Network $AKT Launching on Osmosis

Akash Network has announced its partnership with Osmosis, an automated market maker (AMM) protocol built for liquidity providers. Akash Network’s native asset $AKT is now listed on the decentralized exchange platform as of the 19th of June 2021. On Akash’s decentralized cloud, Osmosis applications and API-serving nodes are being hosted. With Osmosis, any developer or $AKT buyer can now access $AKT from anywhere in the globe in a permission-free and frictionless manner.

The ATOM>AKT pool will offer substantial incentives for liquidity providers on Osmosis to AKT holders. In both $OSMO and $AKT, early liquidity providers gain a higher share of the incentives.


DISCLAIMER: This is not financial advice. Staking, delegation, and cryptocurrencies involve a high degree of risk, and there is always the possibility of loss, including the failure of all staked digital assets. Additionally, delegators are at risk of slashing in case of security or liveness faults on some protocols. We advise you to do your due diligence before choosing a validator.

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