Skip to main content

Why invest in DeFi- Antlia StakeFlow

The financial paradigm is shifting at a rapid pace with the launch of the new DeFi tools. The launch of Ethereum 2.0 had been greatly anticipated by the finance experts as it can propel the DeFi market that faced a major dip in the last quarter of 2020. Steven Becker, the president and chief operating officer of Maker Dao stated that it is because of Ethereum 2.0 's capability of improving the major performance metrics such as scalability and throughput without affecting the decentralization that it can be the biggest boon for the DeFi future. Ethereum 2.0 had a network shift with the introduction of Proof-of-Stake consensus engine consequently improving throughput and scalability. 


Proof-of-stake based blockchains have been the driving force for the major DeFi use cases. However, there is only yearly 6-15% rewards gain that a user receives for participating in proof-of-stake based systems which do not compare to the financial opportunities that DeFI market holds due to funds’ liquidity. With the release of Ethereum 2.0, validators are expected to stake more than 816,352 ether. These locked ETH are inaccessible until the merge between the Ethereum (PoW) blockchain and the beacon chain (Ethereum 2.0) are successful. This means if the DeFi tools like lending are not utilized alongside the current staking model, these funds will be locked for a long time period. An application that allows these staked funds  to act as collateral to structure liquidity pools for trading, swapping and lending is required to generate yield on top of the staking rewards. 


Antlia DeFi Ecosystem steered by Antlia Staking Application generating incentives using governance tokens ANAGOV and the synthetic tokens like ANAETH2 for Ethereum 2.0, ANAAtom for Cosmos, and ANADOT for Polkadot network. Moreover, Antlia is running its own validators on these platforms allowing users to delegate their respective coins and get the staking rewards. Not only that, Antlia StakeFlow  issues the synthetic tokens on his locked coins. These tokens can be traded on DEXs such as UniSwap or AntliaSWAP to generate value, can also be used on lending platforms to receive interest or to borrow against, or providing liquidity to UniSwap Pools or Antlia DeFi Pools such as ANAETH/ETH and receive ANAGOV in return for staking their liquidity provider (LP) tokens. Thus creating much added value out of a locked staking token. The process is very simple:

  1. Alice stakes 3 ETH on Antlia Staking Platform which is delegated to the Antlia Validator on ETH 2.0. Antlia Validator needs at least 32 ETH from various delegators to become a validator.

In future, Stake Flow will be having a multicoin and multitoken ecosystem in term or reward. E.g Alice deposits ETH2 and can choose to get ANAETH2 or ANABNB proportionally.






Comments

Popular posts from this blog

Proof of Work (PoW) VS Proof of Stake (PoS)

What is Proof of Work (PoW) ? The term “proof of work” was coined by Markus Jakobsson and Ari Juels in 1999. It's relevant to bitcoin. Proof of work is a protocol which is designed for secure digital transactions without any interference of 3rd parties. This work is based on previous puzzle solutions. Proof of work may be a method of  authenticating the current and past transitions. Basically this work is used in solving the puzzle generating rewards for whoever solves it called mining. Simply this is an algorithm that is designed to authenticate transactions and obtain new blocks added into blockchain. In Proof of work, miners are competing or fighting to solve a mathematical puzzle which will generate the new block then get the rewards as a bitcoins. Benefits of Proof of Work Proof of work reduces the risk of 51% attack because it is very difficult to do work. The whole bitcoin network cannot be controlled by single handedly based on the Hashcash Proof of work system. The miner n

What is DeFi (Decentralized Finance)?

  DeFi- An Explanation Cryptocurrencies are evolving as the digital currencies and money market is ever shifting with new hopes to attain blockchain’s decentralized finance in true sense. Recently, countries are pushing forward for the Central Bank Digital Currencies CBDC but cryptonauts are experimenting with the next money market with DeFi protocol. Antlia chain team is developing cross chain scalable blockchain for next generation decentralisation to overcome challenges of blockchain.   DeFi- A cryptocurrency revolution? Cryptonauts are calling DeFi as the cryptocurrency 2.0. The DeFi ecosystem is rampaging with hundreds of projects launching with more than $14.32 billion in assets till the third week of November 2020 as reported by DeFiPulse . Last year, the statistics were just over 276 million as reported by DeFi Pulse. But what exactly is DeFi?   Coming to the formal definition of DeFi, it is an abbreviation of much circulated phrase “Decentralized finance” tha

Exploring the Consensus Algorithms of Blockchains

Overview of Blockchain Technology Since the Blockchain network is a decentralized network, an inherent challenge of validation arises. For any block to be added in a blockchain, it has to undergo validation. Blockchain is like a database containing valuable information, therefore, it becomes imperative for all the nodes to make sure they have the most updated and verified copy of it. Part of what makes Blockchain technology so popular is its robust security and validation. The mechanism through which the blocks are verified and made secure is called a consensus algorithm. Providing a method for every new block in a blockchain to be the only true version that is agreed upon by all the nodes. Different protocols and rules exist in the consensus agreement which provides trust for unknown nodes to agree upon the present state of the distributed ledger. Essentially, consensus algorithms provide a criterion for all the nodes to agree upon a common validation process. Types of Consensus Algor