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Ankr, the pioneering protocol that introduced Liquid Staking to the crypto market in 2020, continues to lead the way in revolutionizing staking opportunities across multiple chains. With a strong commitment to pushing the boundaries of innovation, Ankr Staking is poised to transform the DeFi space by introducing omnichain liquid staking and offering unprecedented flexibility and control to users.
The primary focus of Ankr Staking is to enable users to stake their assets seamlessly across different chains. By doing so, the platform opens up a world of possibilities for users to explore consistent and sustainable rewards through scalable yields. Ankr Staking ensures that users can maximize their earnings while maintaining the utmost security and reliability.
One of the notable achievements of Ankr Staking was being the first protocol to enable ETH unstaking after the Ethereum Shanghai upgrade. This groundbreaking feature empowers users to unlock their staked ETH assets whenever they desire without compromising security or network integrity.
Powering Decentralization with Multiple Liquid Staking Options
The platform supports various Liquid Staking options, including ETH, BNB, FTM, and AVAX. Excitingly, Ankr Staking has announced the ability for users to bridge their ankrETH tokens to chains such as BNB Chain, Fantom, Avalanche, Polygon zkEVM, and Arbitrum. This interoperability allows users to leverage the advantages of multiple chains while enjoying the benefits of Liquid Staking.
Ankr Staking has formed a significant partnership with unshETH, a novel DeFi primitive aimed at promoting validator decentralization and delivering the best ETH staking experience to millions of users. Through this partnership, Ankr Staking aims to enhance the utility of ankrETH holders by offering increased yield opportunities and superior on-chain liquidity.
By integrating ankrETH as an asset within the unshETH Index, several key benefits are provided to users, including risk diversification for unshETH Token holders and fostering a broader user base. This collaboration not only drives adoption but also contributes to the growth of the unshETH project.
To demonstrate its commitment to the partnership, Ankr Staking has proposed an initial Target Weight of 10% and a Maximum Weight of 14% for ankrETH within the unshETH Index. Additionally, the platform pledges to provide incentives over a span of six months to strengthen the inclusion of ankrETH. This strategic investment aims to foster deep on-chain liquidity for ankrETH and generate an exhilarating new DeFi use case for users.
Redefining Liquid Staking Flexibility and Rewards
Ankr Staking takes pride in having the largest market cap for BNB Liquid Staking, providing users with confidence and stability. Furthermore, it currently offers the highest APY for ETH Liquid Staking, ensuring that users can earn substantial rewards while actively participating in the security of the Ethereum network.
The platform’s commitment to maintaining liquidity sets it apart. Through its pioneering efforts in Liquid Staking, Ankr Staking has paved the way for a new generation of staking protocols that offer flexible, rewarding, and secure solutions for users.
In its ongoing efforts to further decentralize its Liquid Staking offer, Ankr Staking has integrated Distributed Validator Technology (DVT). By leveraging DVT, the platform distributes validation responsibilities among multiple validators, reducing centralization and enhancing overall security and resilience.
The ankrETH token, classified as an Ethereum Liquid Staking Derivative, serves as a solution to the limitations of ETH staking on the Ethereum network. Holders of ankrETH and similar tokens can unlock liquidity while receiving additional rewards. This approach provides increased security for the Ethereum network and allows for more liquidity of ETH in blocked total value (TVL) through Ethereum Liquid Staking Derivatives.
Empowering Web3 Development with Comprehensive Tools
Ankr stands as an all-in-one Web3 developer hub, offering a wide range of tools designed to facilitate the creation of Web3 applications and empower them with high-performance connections to over 30 blockchains. As a trusted infrastructure partner, Ankr has gained approval for building application-specific blockchains on ecosystems such as the BNB Smart Chain, Polygon, and Avalanche. With its robust suite of features, Ankr simplifies blockchain development for various use cases.
One of Ankr’s notable contributions is the creation of AppChains, tailored solutions for projects that meet all infrastructure and engineering requirements. These AppChains encompass essential components like validators, RPC nodes, block explorers, testnets, staking platforms, and more, providing developers with the necessary tools for crafting completely customized blockchain solutions.
By offering seamless integration with numerous blockchains, Ankr ensures developers can harness the power of diverse ecosystems while enjoying high-performance connectivity. This enables them to build Web3 applications that can operate efficiently across multiple chains, unlocking new possibilities for innovation and user engagement.
With its dedication to simplifying blockchain development and providing comprehensive tools, Ankr continues to play a crucial role in driving the growth and adoption of Web3 technologies. Developers can rely on Ankr’s suite of solutions to streamline their development process, focus on creating impactful applications, and contribute to the evolution of the blockchain ecosystem.