In March this year, Wormhole distributed a large number of W tokens to users, protocol communities, and specific NFTs, sparking widespread discussion. Recently, Wormhole launched a staking plan, causing the previously stagnant token price to surge and then plummet. What is the reason behind this?
AlexWormhole's new multi-chain governance allows W token holders to vote on proposals across various chains. Users can stake and delegate their governance power flexibly. Despite past challenges, W token sees a surge in price and trading volume.
EdmundStakeStone, a leader in Omnichain liquidity, offers a decentralized Liquid Staking Token (LST) protocol, aiming to revolutionize staking with innovative solutions.
BrianPYTH staking experiences a surge with over 109,000 users engaging in the last 30 days, propelled by guides on X linking staking to potential airdrops. However, despite the buzz, a significant 68% of stakers are cautious, committing 1,100 PYTH or less, hinting at a delicate balance between speculation and risk in the evolving decentralised finance landscape.
JoyThe primary function of the Frax Protocol is to maintain the FRAX price at $1.000 by using AMO contracts, real-world assets (RWAs), and governance actions facilitated by frxGov, leveraging USD oracles as a reference.
DavinA recent update has revealed an additional development on Ethereum. Besides the much anticipated Shanghai and Capella upgrades coming sometime in March.
BitcoinistHolders of its native token LINK can now contribute to the network’s security and receive rewards by doing so.
OthersThe Ethereum network has transitioned to proof-of-stake. Ethereum staking is a way ETH investors can earn a reward by locking up their coins.
CoindeskGBEX Token Staking is here! Globiance has announced that the highly anticipated Staking feature is now LIVE as of August ...
BitcoinistThe term staking receives many meanings in crypto, each of them presents its own set of opportunities and challenges.
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