AVAX Staking via Delegation is Now Live on Stake DAO

Users can now earn staking rewards and help secure the network by delegating their AVAX tokens on Avalanche.

• Stake DAO, a multi-service cross chain DeFi platform that enables users to easily grow their crypto portfolio within one intuitive dashboard, is now live on Avalanche.

This expansion allows users to delegate (and stake) their AVAX on Stake DAO and immediately begin earning staking rewards. In the near future, Stake DAO will add a number of initiatives including Liquid Staking, which gives AVAX holders the ability to trade liquid, multi-purpose derivatives while earning staking rewards. Stake DAO will also create innovative yield generating strategies on Avalanche’s growing DeFi ecosystem.

ABOUT STAKE DAO

Stake DAO is DeFi’s one-stop shop for supercharging your crypto. With a focus on cutting-edge strategies, cross-chain interoperability, and smarter staking, Stake DAO democratizes access at scale to the market’s most competitive products and strategies. Built by some of the contributors behind Curve and other leading DeFi protocols, Stake DAO now hosts more than $150 million worth of cryptocurrency accruing value faster.

FULL Details: 

https://stakedaohq.medium.com/avax-staking-via-delegation-is-now-live-on-stake-dao-6e7b28510298