Earn Network Building Staking Solution on Avalanche
Earn Network Building Staking Solution on Avalanche C-chain.
Any project using the Avalanche C-Chain will soon be able to improve their product with yet another ‘no coding’ component – the staking solution provided by the Earn Network. Earn Network Building Staking Solution on Avalanche
The recent launch of the AvaCloud ‘no code’ launchpad will allow companies to bring web3 products to the market faster, cheaper and with much lower risk.
‘No code’ staking solution by the Earn Network
The Earn Network’s main objective is to provide blockchains with a convenient staking solution, reducing development time and costs associated with building the staking feature. This saves development time and costs related to building the staking feature.
Moreover, when a project deploys a staking pool on Avalanche C-Chain it will automatically appear on Earn Network and MyCointainer platforms. Through those 2 channels the project gains instant access to over 145,000 users that are ready to participate in the staking pools.
The first pilot was already launched with the Decimal chain and currently any projects operating on the Decimal chain can deploy their own staking solution in under 1 hour.
Staking Solution on Avalanche blockchain
The Earn Network staking solution will allow any projects to simply deploy a custom staking solution via the simple interface. Below, you will see a simplfied deployment process of a ‘no code’ staking pool:
- The pool Creator prepares offers that represent various plans for either locked or flexible staking.
- The pool Creator can preview offers on their own Dashboard.
- The pool Creator is able to manage and monitor the key metrics of the created pool.
Demonstrative user experience flows of the pool creation process
Conclusions
Staking-as-a-service is only the first step on the roadmap of the Earn Network. Currently, they estimate the delivery of their solution on the mainnet in July ’23. Lending and Compound Staking yield bearing capabilities will soon enhance the array of new services that are being developed by the Earn Network. Consequently, the Avalanche C-Chain will become one of the first beneficiaries equipped with the aforementioned services, continuing to strengthen its position as the top-tier Layer 1 blockchain.
About Earn Network
Earn Network provides smart contract infrastructure to connect liquidity providers & pool creators in a completely non-custodial manner.
About Avalanche
Avalanche network is the blockchain industry’s quickest smart contracts platform digital asset. Avalanche is blazingly fast, low cost, echo-friendly Any smart contract-enabled application can outperform its competition by deploying on Avalanche.
SOURCE: https://blog.earn.network/no-code-staking-solution/
