![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
JPool: The Gamechanger of the Liquid Staking Ecosystem
Apr 19, 2025 at 04:40 pm
Liquid staking has been a challenging yet transformative sector in the decentralized finance ecosystem. Proof-of-stake blockchains like Ethereum and Solana have been sitting at the forefront of the industry
Liquid staking has quietly revolutionized decentralized finance, merging the best of old and new financial paradigms. As we all know, proof-of-stake blockchains like Solana and Ethereum are being kept afloat by validators who commit a certain amount of the blockchain’s native token, e.g., SOL for Solana or ETH for Ethereum, for a fixed duration. Subsequently, the validator receives the rewards for securing the network and processing transactions.
In traditional staking, users would need to lock their tokens to support the network. They would only receive the rewards for staking the digital coins, making these assets illiquid for the duration of the staking period.
Enter liquid staking. The new method allows the participants to stake their tokens while retaining liquidity through derivative tokens. This also allows for capital efficiency, composability, and accessibility within the DeFi ecosystem.
The liquid staking ecosystem has grown impressively over the last few years. The total value locked for the sector grew from just $35 million in January 2021 to an all-time high of $71 billion in December 2024, according to data from DefiLlama.
Despite the recent market-wide downturn, the liquid staking ecosystem still accounts for over 35% of the total $88 billion DeFi TVL.
In contrast with conventional staking that has extremely limited provisioning, liquid staking protocols would mint Liquid Staking Tokens (or LSTs) which essentially convert respective staked assets into a one-to-one exchange; for example, the JPool space of Solana issues JSOL as its LST. The LST tokens are a measure against the native currencies and are usable on various DeFi platforms. Meanwhile, the original staked assets go on earning rewards.
Stakers would therefore take their JSOL tokens and earn from it, or penetrate other DeFi through JPool’s partner platforms such as Meteora, Save Finance, Raydium, Solayer, Saber, and Orca.
The essence of liquid staking lies in enabling users to capitalize on the advantages of both the yield aggregator and the liquid staking protocol simultaneously. For instance, an individual could directly use their JSOL tokens in a yield aggregator like Meteora to generate additional yield on their JSOL tokens.
The beauty of JPool lies in its creation of a user-centric ecosystem where users have the freedom to select the operators they prefer and make informed decisions about their own crypto journey.
Recently, the platform has undergone a splendid rebranding phase with the aim of providing its users with a seamless and bug-free DeFi and liquid staking experience.
In addition to being technically advanced and having a good effective annual percentage yield (APY), this sometimes stands out from being highly honest and transparent in its offers but also from its ecosystem- and community-oriented ethos. This empowers stakers and operators with many tools to track and optimize their earnings.
Deeper trust, ongoing innovation, and integration with the larger DeFi ecosystem are all necessary for the new era of liquid staking on Solana. JPool may emerge as a leader in this field because it has already established the foundation for leadership in all three. To experience staking happiness like never before, sign up with JPool right now!
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
- Z Squared, a Firm That Specializes in Mining Dogecoin (DOGE), Is Merging with Biopharmaceutical Company Coeptis (COEP)
- Apr 26, 2025 at 02:45 am
- The merger will enable the resulting company to keep DOGE mining operations going, while Coeptis' pharmaceutical business will be spun out and operated separately.
-
-
-
- Top tokens in the Solana ecosystem continued their bullish trend this week as sentiment in the crypto industry improved.
- Apr 26, 2025 at 02:40 am
- Solana (SOL) price jumped for four straight days, reaching a high of $155, its highest level since March 3. It has jumped by over 60% from the lowest level this year.
-
-
- Fartcoin (FARTCOIN) Approaches a Major Inflection Zone
- Apr 26, 2025 at 02:35 am
- Fartcoin has approached a major inflection zone after completing a potential Elliott Wave structure. The token’s recent price action suggests a shift in market dynamics, and traders are watching closely for signs of a larger corrective move.
-
- Trump Coin (TRUMP) Has Soared Impressively, Capturing the Attention of Both Crypto Speculators and Meme Coin Enthusiasts.
- Apr 26, 2025 at 02:30 am
- Trump Coin has soared impressively in the past week, capturing the attention of both crypto speculators and meme coin enthusiasts. This rapid growth has prompted fresh interest in meme coins, especially new presales that offer innovative features beyond hype. By Cointelegraph.