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August 18, 2022An Insight to DeFi App Development
August 22, 2022The DeFi industry has taken the digital world by storm in recent years. According to DeFi Llama, the total value locked (TVL) in decentralized finance projects on 18 August is $65.05b.
With this tremendous popularity of decentralised finance, the DeFi development platforms are achieving new heights of success. Alongside, DeFi staking development is one such practice that gained momentum in no time and is now leveraged by global market leaders and entrepreneurs.
What is a DeFi Staking Platform?
It’s a DeFi platform that allows the crypto holders to stake their NFTs or native coins (by locking such crypto assets into smart contracts) to earn the position of a validator in a DeFi protocol or layer-1 blockchain.
Defi staking platform development refers to the process of creating a robust DeFi platform in which the users can intensionally lock their crypto assets in a smart contract in exchange for gaining the rights of a validator in the PoS consensus mechanism.
Today, Crypto staking platforms are helping modern customers to unlock countless opportunities to earn passive income where they can monetize their crypto assets, above and beyond crypto trading.
The features of an ideal DeFi staking platform include-
- Trading Features: Key metrics are the acceptance of different types of fiat currencies, liquidity of exchange, trading fees, the different types of cryptocurrencies that can be traded, and discounts on frequent trading.
- Accessibility: There are DeFi platforms that are available globally, while the others are region specific. The broader the range of accessibility, the greater would be the success rate.
- Speed: Mostly, DeFi transactions are completed in a few seconds. While proceeding with DeFi staking development, the platform should be programmed with logic and mathematically provable values that allow hassle-free transactions without involving a third party.
- Security: The DeFi platform must ensure tight security, as it encourages investors to store and trade their crypto assets in a fearless manner. It’s the main feature that is taken care of by the Decentralized Finance Development Services.
- Rewards For Staking: The users join the DeFi staking platforms to earn financial rewards for putting their crypto assets at stake. Some platforms provide a satisfactory interest rate for stakes.
- Customer Service: It’s always necessary to address the grievances of the platform users. Thus, customer support services must be included.
Popular DeFi staking platforms for 2022 and beyond!
With numerous DeFi crypto staking platforms available in the market right now, let’s explore the best ones out of all along with their specifications and highlights.
QUINT
Founded in April 2022, Quint is popular as it bridges the gap between metaverse and reality. It gained a wide appreciation of over 500% in just two weeks. With the majority of the platforms focusing on bringing utility across the virtual space, Quint is the first platform that comprises real-world rewards via its metaverse’s potential. It is equipped with two types of super-staking pools- Luxury Raffles Pools and Quintessential Pools.
QUINT’s boutique NFT Marketplace is all set to enable market leaders worldwide to get their tailor-made NFTs crafted with an eye for luxury and even get freshly minted NFTs installed into Token Frames while further delivering them to user’s doorsteps. Its major motive is to add unique real-world collectibles to its treasury, which further will get circulated amongst the super-staking pool stakers. This is one more reason why businesses consider Quint while getting started with DeFi staking platform development services.
Get started with world-class DeFi staking platform development with Antier
Schedule Free DemoDeFi Swap
DeFi Swap is a recently released decentralized exchange which provides a wide array of crypto-centric products and offerings. Powered by DeFi coin token, DeFi Swap offers its users the accessibility to token swaps. With DeFi Swap, there is no requirement for a centralized exchange and ensures convenient swapping of one digital token with another.
To get started, an individual needs to connect his wallet to the DeFi Swap platform and make a choice about which tokens need to be converted. Backed by smart contracts, all the transactions are handled in the most secure manner. In the years to come, DeFi Swap will allow cross-chain functionality which will ensure hassle-free yet super-fast swapping of tokens across leading blockchain networks. Interested in creating a platform similar to it? Discuss the required features with your DeFi development platform without fail!
CakeDeFi
For businesses planning to develop DeFi staking platform in a fully transparent manner, there is no better choice than CakeDeFi. CakeDeFi is popular for offering high returns on a daily basis and experiencing utmost transparency in a hassle-free manner. It ensures simple accessibility to lucrative DeFi solutions on a regular yet secure basis. CakeDeFi distributed $317 million worth of rewards at the beginning of 2022.
Major reasons to count on CakeDeFi include state-of-the-art technology, earning high returns on crypto assets, and operational transparency. Moreover, getting started is also a very simple and quick process for users with attractive returns. The major motive behind CakeDeFi is to ensure a simple user experience and turn out as a true one-stop platform where users can easily and smartly manage their financial assets.
Binance
The peak 24-hour trading volume of Binance is USD 76 billion with a $7.7 trillion crypto exchange volume in 2021.
For individuals on the hunt for high liquidity, next-level security, and low trading fees, Binance is the ideal platform to get started with. The platform supports over 110 cryptocurrencies including BNB, SOL, DOT, and MATIC, and charges no staking fee. Users get a 25% discount on trading fees via Binance Coin and it even accompanies the identity verification process. The platform even helps users in preparing crypto taxes via its tax statement portal. Users get to experience a wide array of cryptos and coins and choose the best one backed by multiple security features.
By offering a $1 billion Secure Asset Fund for Users (SAFU) in January 2022, Binance has become the perfect choice for developing robust DeFi staking software.
AQRU
AQRU is a renowned crypto investment platform that gained a rapid name as it allows its users to unlock ample investment opportunities from around the crypto space. It allows users to strengthen their crypto portfolio and access crypto investment pools and products from the cryptoverse. Individuals can earn yield, invest, and exchange crypto in a hassle-free manner. The platform allows numerous investment opportunities while helping users to balance their portfolios. It tends to be an authorized virtual assets service provider because of its reputation as a regulated investment platform.
Coinbase
Coinbase allows its global users to yield high profits through DeFi. There is no lockup period, no fees, and no hassle in joining the platform. Coinbase runs DeFi Yield program and users can deposit any amount of crypto assets in this program. One can install Conbase’s DeFi Staking Software to manage the account and perform several actions with ease.
Final Thoughts
This in-depth blog has covered the nitty-gritty of all the popular DeFi staking platforms that gained momentum in the DeFi development industry. Invest a good time brainstorming the business needs, objectives, target audience, pain points, and expectations. Based on that analysis, choose the ideal staking platform and look for a professional agency that can get you started with a flawless yet robust development lifecycle.
Antier Solutions can be your digital partner when it comes to next-gen DeFi staking platform development services across the globe. Backed by years of experience and global market exposure, Antier is globally recognized as an award-winning decentralised finance development company with two decades of industrial experience and a dexterous team of 500+ subject matter experts. Book a free consultation today to bring a revolution in the DeFi ecosystem!
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