Dotsama ecosystem gets new cross-chain staking with up to 42% APR via Bifrost
Cross-chain derivatives are soon to be a real way to earn extra yield as Bifrost Collator mainnet goes live
Track crypto staking news, validator economics, liquid staking, yield changes, and network participation across major ecosystems.
Decentralized exchanges (DEXes) and Proof-of-Stake (PoS) blockchains typically compete for the same resources, however, the new feature native to the Osmosis zone on Cosmos, enables users to simultaneously use their tokens for staking and liquidity providing (LP).
The new DeFi primitives target a market segment with a more conservative risk profile.
The IRS may be backing down from a law suite around tax refund for block rewards, but this does not mean the rules have changed, as reported by other media outlets. Lawyers say the IRS may continue to tax rewards as income.
The major exchange announced acquiring the non-custodial staking startup for an undisclosed sum–in a bid to attract clients who prefer to retain custody of their staked assets.
Set to expand the utility of Lido’s staked assets, the platform announced the first in a row of Chainlink Price Feeds.
Conventional staking limits its liquidity provision to the blockchain network and thus provides more modest if more sustainable, rewards.