In Swarm regulatory operations, all users should check your business (KYB), Know-Your-Customer (KYC), and Money Laundering Prevention (AML) to eliminate counterparty risk. You need to receive it.
The Berlin-based multi-asset DeFi platform has launched an institution-grade liquid staking token that can be integrated into the DeFi Automated Market Maker (AMM) pool to generate additional yields in a protected environment.
Liquidity providers receive transaction fees proportional to their share of the pool and can take advantage of additional loyalty rewards by holding Swarm’s native payment token, SMT.
Swarm’s fluid staking token structure allows investors to be exposed to the value of the underlying asset at any time, earn yields from validator fees and trade inside and outside the position, instead of idling the asset.
Solana Network’s native token SOL’s liquid staking token will be available first, followed by Eth 2.0, DOT, and AVAX.
MetaLink Capital is committed to supporting new tokens among other private investors and funds that manage over $ 100 million in AUM.
In Swarm regulatory operations, all users should check your business (KYB), Know-Your-Customer (KYC), and Money Laundering Prevention (AML) to eliminate counterparty risk. You need to receive it.
Swarm co-founder Phlipp Pieper said: By providing institutions with a gateway to the price discovery process of the Proof of Stake Network, it makes it easier for people to have tradable positions on the assets they bet on. “
Toby Lewis, Director of MetaLink, said: DeFi is self-managed, so you always have full control over your positions and assets. We want to use Swarm’s infrastructure to gain access to newer Layer 1 more complex strategies like Solana. “
Swarm co-founder Timo Lehes said: By removing counterparty risk, institutional investors can eventually move to these products and earn high-yield and loyalty rewards in a low-yield paradigm. “
Over the last 12 months, Staked’s State of Stakeing first quarter 2022 report has increased annual staking rewards to $ 15 billion. The average staking yield increased by 15.4% in the first quarter of 2022, an increase of 11% compared to the fourth quarter of 2021.
Earlier this year, Swarm Markets deployed a decentralized exchange (DEX) on the Polygon Network, offering low-cost options to users of BaFin-regulated DEX and existing Ethereum-based products.
Swarm Markets is said to be the first licensed automated market maker (AMM) protocol available in Layer 2 solutions and is joining the industry trend to provide an alternative to Ethereum’s rising network charges.
Other major names in the blockchain space, such as DEX Uniswap, the NFT platform OpenSea, and Metaverse market leader Decentraland, are doing the same, all adding support for Layer 2 solutions during the last year.
