👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Moonbeam and Lido to Bring Liquid Staking to Polkadot

Published 09/09/2021, 09:00 AM
Moonbeam and Lido to Bring Liquid Staking to Polkadot
ETH/USD
-

  • Moonbeam is planning to collaborate with Lido to bring Liquid Staking to Polkadot.
  • It will provide a way for token holders to make productive use of their Polkadot ecosystem assets.
  • Project teams deploying to Moonbeam will be able to natively serve DOT as an asset.

Ethereum compatible smart contract platform on Polkadot, Moonbeam, has announced its plans to integrate and collaborate with Lido which is the largest liquid staking derivatives protocol currently deployed to Ethereum and Terra.

As announced by the companies, MixBytes will be in charge of driving this collaboration. The smart contact audits company has also been selected by Lido DAO to lead its technical integration for the Polkadot ecosystem. The integration will bring with it liquid staking to both Moonriver and M...

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.