dYdX Chain V3.0 adds liquidity staking support
dYdX Chain has upgraded to version 3.0 today, introducing cross-chain accounts and supporting liquidity staking protocols to join dYdX Chain for liquidity staking on the network.
It is reported that this allows users to continue to stake and protect dYdX Chain, while converting the staked DYDX into liquid assets that can be traded or used in DeFi applications.
In addition, the Cosmos ecological protocol Stride plans to open dYdX's liquidity staking today, and two other liquidity staking providers, Persistence and Quicksilver, also plan to offer this service. (The Block)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Launches PLUME On-chain Earn With 4.5% APR
Bitget Trading Club Championship (Phase 2) – Grab a share of 50,000 BGB, up to 500 BGB per user!
Bitget Trading Club Championship (Phase 2) – Grab a share of 50,000 BGB, up to 500 BGB per user!
Subscribe to UNITE Savings and enjoy up to 15% APR
Trending news
MoreCrypto prices
More
