Waterfall Community, a quickly rising BlockDAG ecosystem centered on scalability and seamless person expertise, as we speak introduced the launch of AquaStake in collaboration with Aquapark, introducing a liquid staking answer designed to boost rewards when customers stake and work together with DeFi.
AquaPark is a decentralized finance ecosystem that gives customers with a variety of providers for interacting with their crypto belongings. By integrating a number of DeFi protocols right into a single platform, AquaPark affords a seamless and safe expertise, enabling customers to have interaction with superior monetary methods. These protocols embrace:
AquaStake: A liquid staking pool that enables customers to stake WATER tokens and obtain JWATER—liquid staking tokens that not solely signify your stake but in addition unlock extra alternatives throughout the ecosystem.
AquaSwap: A decentralized alternate (DEX) that leverages superior automated market maker (AMM) methods to facilitate low-slippage trades, guaranteeing environment friendly and cost-effective buying and selling whereas enabling liquidity suppliers to earn rewards from buying and selling charges.
AquaLend: A lending protocol providing a clear, algorithm-driven setting the place customers can borrow and lend belongings. With collateralized sensible contracts managing rates of interest and liquidation parameters, AquaLend supplies a dependable answer for managing liquidity and belongings
“AquaStake, the primary protocol providing, is a significant step towards a extra dynamic and accessible DeFi expertise on Waterfall,” mentioned Sergii Grybniak, Head of Analysis at Waterfall Community. “By combining liquidity and staking, we’re making it simpler for customers to maximise their rewards with out compromising utility.”
Key Options of AquaStake:
Stake $WATER, Obtain $JWATER: Immediately obtain $JWATER upon staking, a liquid token representing your staked $WATER tokens..
Earn Passive Rewards: Proceed incomes staking rewards whereas preserving tokens liquid.
DeFi Integration: Use JWATER in a rising suite of DeFi protocols for compounding yield and elevated capital effectivity.
By providing customers the flexibility to remain liquid whereas incomes, AquaStake enhances participation within the broader Waterfall ecosystem and empowers a extra lively, environment friendly, and rewarding staking expertise.
For extra info, go to https://aquapark.one/ or comply with @@waterfall_dag and @aquapark_one on X and different channels:
Discord: https://discord.gg/Nwb8aR2XvR
Telegram: https://t.me/waterfall_network
About Waterfall
Waterfall is a number one layer one (L1) structure aiming to offer an answer for scalability and decentralization to assist dAPP builders change the world. Waterfall’s Directed Acyclic Graph (“DAG”) achieves and permits it to run a validator node from any gadget, together with low-cost laptops and cellphones in future. Waterfall is Ethereum Digital Machine (EVM) appropriate, permitting for portability of decentralized purposes (dAPPs), and has very low {hardware} necessities for the members to turn out to be validators.
Media contact: [email protected]
