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As we’re drawing closer to Ethereum’s highly-anticipated ETH 2.0 upgrade and the transition to a proof of stake (PoS) mechanism, interest in staking crypto is growing.
Tosdis builds on Ethereum’s core concepts of open-source and decentralization to offer interoperability across chains and remove barriers to mass adoption. As more and more crypto projects are now utilizing cross-chain technology, we are paving the way to an interconnected blockchain environment.
As exciting as the new update to the Ethereum blockchain is because it will allow staking of ETH, it will not eliminate some of the network’s limitations. This is where Tosdis comes in.
Flexible, cross-chain staking
Our new protocol combines a flexible staking mechanism for any ERC-20 token as well as provides cross-chain token staking on our decentralized platform. The unique mechanism of Tosdis means we are able to offer Staking-as-a-Service to dozens of platforms — Polkadot, Binance, Chainlink, Tron, Ethereum. EOS, etc — across our web-based and wallet staking platforms.
We are introducing Tosdis EasyStake, which is a fair and affordable staking mechanism for all. Built on smart contracts-based staking for all ERC20 tokens initially, we will alter expand to include other chains, such as Polkadot, BSC, Tron and more. With Tosdis, projects will be able to allow their holders to stake tokens in return for staking rewards in the project’s respective cryptocurrency.
Last edited by agresthe; 20-12-20 at 11:31 AM.
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