Cryptocurrency News

The many layers of crypto staking in the DeFi ecosystem

04/20/2022

Less than a minute

2022.04.20 19:47

The many layers of crypto staking in the DeFi ecosystem

Staking has been used fluently to describe several actions within the world of crypto, from locking your tokens on a decentralized finance (DeFi) application or centralized exchange (CEX) to using tokens to run a validator node infrastructure on a proof-of-stake (PoS) network.

PoS is one of the most popular mechanisms that allows blockchains to validate transactions and it has become a credible consensus mechanism alternative to the original proof-of-work (PoW) used by Bitcoin.

04/20/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 103,137.63 1.57%

Ethereum (ETH) $ 3,309.68 1.71%

XRP (XRP) $ 3.12 6.21%

Tether (USDT) $ 0.999998 0.00%

Solana (SOL) $ 229.14 7.82%

BNB (BNB) $ 699.01 2.60%

Dogecoin (DOGE) $ 0.392818 1.54%

USDC (USDC) $ 1.00 0.00%

Cardano (ADA) $ 1.07 5.52%

Lido Staked Ether (STETH) $ 3,303.81 1.78%

TRON (TRX) $ 0.241572 0.80%

Avalanche (AVAX) $ 39.86 2.08%

Chainlink (LINK) $ 23.79 1.28%

Sui (SUI) $ 4.68 3.03%

Stellar (XLM) $ 0.461682 6.58%

Wrapped stETH (WSTETH) $ 3,963.39 1.10%

hedera-hashgraph

Hedera (HBAR) $ 0.357456 7.18%

Shiba Inu (SHIB) $ 0.000023 0.78%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 103,087.62 1.80%

the-open-network

Toncoin (TON) $ 5.35 2.87%

Polkadot (DOT) $ 7.05 4.47%

WETH (WETH) $ 3,308.56 1.73%

Litecoin (LTC) $ 125.87 9.34%

Bitcoin Cash (BCH) $ 466.33 2.93%

LEO Token (LEO) $ 9.76 0.10%

Uniswap (UNI) $ 14.23 3.77%

Bitget Token (BGB) $ 6.98 0.57%

Pepe (PEPE) $ 0.000019 1.47%

Hyperliquid (HYPE) $ 21.77 7.29%

Wrapped eETH (WEETH) $ 3,491.81 1.92%

USDS (USDS) $ 1.00 0.01%

NEAR Protocol (NEAR) $ 5.42 0.70%

Ethena USDe (USDE) $ 0.998832 0.06%

Aptos (APT) $ 9.27 2.99%

internet-computer

Internet Computer (ICP) $ 10.62 6.36%

Aave (AAVE) $ 316.90 0.96%

VeChain (VET) $ 0.051793 9.84%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.480785 1.37%

Ethereum Classic (ETC) $ 26.62 4.89%

Monero (XMR) $ 216.80 2.96%

Render (RENDER) $ 7.54 1.71%

crypto-com-chain

Cronos (CRO) $ 0.138467 6.95%

Bittensor (TAO) $ 453.22 0.90%

Algorand (ALGO) $ 0.442887 9.27%

Kaspa (KAS) $ 0.143363 2.39%

Dai (DAI) $ 1.00 0.00%

Mantle (MNT) $ 1.07 5.85%

MANTRA (OM) $ 3.69 3.51%

Artificial Superintelligence Alliance (FET) $ 1.33 1.85%

OKB (OKB) $ 56.26 10.65%