Meta Pool: Decentralized Staking & Liquid NEAR (stNEAR)
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About this video
Meta Pool enhances blockchain proof-of-stake by enabling users to delegate NEAR tokens, promoting decentralization and capital efficiency via the liquid staking token, stNEAR. Earn staking rewards, tradable and transferable. #MetaPool #stNEAR #LiquidStaking #DeFi #NEARProtocol #Blockchain #Decentralization #ProofOfStake #Crypto #YieldFarming #NEARprotocol
Transcript
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- 0:00
Metapple is a platform that allows blockchain proof ofstake uh protocols to become more decentralized. We're allowing people to come and delegate their tokens in this case near and we're delegating it to more than 185 operator nodes right now out of the 307 validator set. So decentralization is key. Now the second one is that we're also allowing for the protocol to be more capital
- 0:25
efficient. That means that you don't have all these assets sitting in the validator notes. We we are minting a liquid staking token called in this case stake near or stir and that is freely tradable transferable and acrewing all of the staking rewards.