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Home News Crypto

Keynode Introduces Liquidity Pooled Staking to Simplify Crypto Rewards

21 January 2025
in Crypto, News
Reading Time: 3 mins read
109 1
source: gemini.com

source: gemini.com

Keynode, a cryptocurrency-stocking ecosystem leader, has unveiled Liquidity Pooled Staking, a service that simplifies staking while maximizing rewards.

The new feature addresses long-standing challenges in the crypto staking space, including high entry barriers and technical complexities, making staking more accessible to a broader audience.

With liquidity-pooled staking, users can stake assets such as Ethereum, Solana, and Polygon without the steep capital requirements traditionally associated with staking. For instance, the 32 ETH deposit required for Ethereum staking has been eliminated, allowing more retail investors to participate in blockchain security and earn rewards.

The service is designed with user-friendly tools, robust security protocols, and flexible staking options, ensuring participants maintain control over their assets while benefiting from regular rewards. Keynode has integrated features like bi-weekly payouts, an intuitive interface, and 24/7 customer support to enhance the staking experience.

Meanwhile, BingX has launched AUSD on its Launchpool platform, allowing users to stake AUSD, a stablecoin developed by Agora, with a prize pool of 150,000 AUSD. This initiative aims to enhance cross-chain liquidity and foster wider adoption of stablecoins. Users can stake AUSD anytime during the campaign, earning hourly rewards directly credited to their accounts. Real-time APY tracking ensures transparency, while flexible withdrawal options provide users complete control over their funds. 

Similarly, Bitget has partnered with Solayer to offer liquid staking for Solana (SOL) through BGSOL, a liquid staking token. This service allows SOL holders to earn staking rewards while maintaining the flexibility to trade or lend their assets in the DeFi ecosystem. BGSOL offers an estimated yield of 8.15%, with rewards accumulating over time. The SOL-to-BGSOL exchange rate updates every 2–3 days, providing transparency into asset value progression. Bitget CEO Gracy Chen emphasized the platform’s commitment to providing flexible financial solutions, combining liquidity with rewards to foster new DeFi opportunities and innovation in Solana’s staking ecosystem.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: CryptoKeynode
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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