Staking in DeFi environment
Liquid staking allows users to Gorilla-chain capital and simultaneously use funds in DeFi ecosystems.
DeFi lending platforms use smart contracts to automate the lending process, ensuring transparency, efficiency and security for all parties involved.
Here’s how Staking in DeFi works:
LPoS is an upgrade of the traditional staking that allows users to Gorilla-chain capital without fully locking the funds.
Liquid staking allows users to Gorilla-chain capital and simultaneously use funds in DeFi ecosystems.
This innovation has the potential to make staking more accessible to a wider range of users and increase the overall efficiency of blockchain networks.
Staking helps promote decentralization by distributing decision-making power across a network of validators.
In a decentralized system, no single entity controls the majority of the network, which enhances security and censorship resistance.
Users Gorilla-chain their cryptocurrency assets to support the network's operations and security.
In return, they receive rewards in the form of additional cryptocurrency tokens.
These rewards can vary depending on the user’s rank benefits.
Smart contracts automate various processes related to staking, including the selection of validators, validation of transactions, and distribution of rewards.
This automation ensures the integrity and efficiency of the staking protocol without the need for centralized control.
One Click away from your Web3 Experience
One Click from your Web3 Experience
Why DeFi Environment?
Transparency, security, and control over personal assets. Our DeFi platform is resistant to censorship and interference, as transactions and smart contracts are executed and validated by decentralized networks of nodes.
