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Seeking Yield by Staked - Issue 37: ๐Ÿ“œ Staked Developer Docs, โš–๏ธ One Year of Decredโ€™s Politeia Proposal System, โœ… Tezos Babylon Upgrade Activated, ๐Ÿ“ˆ Total Value Locked in DeFi Hits 3M ETH, & More

This is the thirty-seventh issue of Seeking Yield by Staked, a weekly update about the most interesting things happening in crypto asset staking and lending.


๐Ÿ“œ Staked Developer Docs

We recently refreshed our developer documentation to make it as easy as possible to integrate the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business.

If you have a product which uses Web3, integrating RAY is as simple as dropping in a few lines of code. Partners offering staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.

Integrate and generate more revenue for your business!

More information:

๐Ÿ‘‰ Reply to this email to speak with the Staked team about getting started today!

๐Ÿ‘‰ View our developer documentation here.


โš–๏ธ One Year of Decredโ€™s Politeia Proposal System

Having launched on October 16, 2018, the Decred Politeia Proposal System has officially been live for one year!

Over the past year, the system has seen:

  • 486,205 tickets cast

  • 53 proposals submitted

  • 25 approved proposals

  • 13 rejected proposals

  • 12 abandoned proposals

  • 3 proposals in discussion

  • 1,604 comments from 154 users

  • 4,704 up/down votes by 151 users

Marketing was the most popular proposal domain type during Politeiaโ€™s first year, though marketing also saw the greatest number of abandoned proposals. Software development proposals saw the second highest number of submissions, as well as the greatest number of proposals approved.

Decred governance is alive and well!

More information:

๐Ÿ‘‰ Reply directly to this email or follow the instructions here to stake your Decred.

๐Ÿ‘‰ One year of Decred's Politeia in numbers and graphs


โœ… Tezos Babylon Upgrade Activated

Earlier today at block 655,361, Babylon, the second Tezos protocol upgrade, was officially activated. This upgrade brings a number of changes to the Tezos protocol including a new consensus algorithm variant (Emmy+), several new Michelson features, refinements to the quorum formula, and more.

Per TzStats, below is a breakdown of the Babylon promotion vote period.

The self-amending blockchain continues to amend itself.

More information:

๐Ÿ‘‰ Reply directly to this email or follow the instructions here to stake your Tezos.


๐Ÿ“ˆ Total Value Locked in DeFi Hits 3M ETH

The total value locked (TVL) in DeFi has surpassed 3M ETH, worth $532MM at the time of writing. Furthermore, the top three applications on DeFi Pulse by TVL are currently MakerDAO, Compound, and Synthetix.

Onward!

More information:

๐Ÿ‘‰ Reply directly to this email to learn more about the Robo-Advisor for Yield (RAY).

๐Ÿ‘‰ DeFi Pulse website


๐Ÿ“Š Current Staking Yields

Staked currently supports 16 different crypto assets including Cosmos, Algorand, Tezos, Dash, Decred, Orbs, Horizen, Livepeer, EOS, Factom, Loom, Iris, Terra, Dai, and USDC.

๐Ÿ‘‰ Ready to get started or have questions? Reply directly to this email.

๐Ÿ‘‰ Find time to speak with someone from the Staked team here.


๐Ÿ“Š Robo-Advisor for Yield (RAY)

Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, and USDC holdings.

๐Ÿ‘‰ Reply directly to this email or find time here to set up a RAY demo.

๐Ÿ‘‰ Try the Robo-Advisor for Yield today!

๐Ÿ‘‰ Robo-Advisor for Yield FAQs


About Staked

Staked helps institutional investors reliably and securely compound their crypto by 5%โ€Šโ€”โ€Š100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Stakedโ€™s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.

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โ›“๏ธ Seeking Yield by Staked - Issue #36

๐Ÿ“… Multi-Collateral Dai (MCD) Nov. 18 Launch, ๐Ÿ“ˆ Dai In Numbers: Momentum Report Q3, ๐Ÿ’ป New Livepeer Explorer, & ๐Ÿ“Š Current Staking and Lending Yields

This is the thirty-sixth issue of Seeking Yield by Staked, a weekly update about the most interesting things happening in crypto asset staking and lending.


๐Ÿ“… Multi-Collateral Dai (MCD) Nov. 18 Launch

Multi-Collateral Dai (MCD) is ready to launch on November 18, 2019 - a major milestone. MCD will introduce several new features to the protocol including additional collateral types and the Dai Savings Rate (DSR).

Dai also has a new visual identity. Take a look! ๐Ÿ‘‡

In the coming weeks, a number of documents will be published on the official MakerDAO forums for discussion and review, including the CDP and DAI Migration Risk Report, ETH Risk Report, and BAT Risk Report. A number of on-chain votes among MKR holders will subsequently take place, ultimately to activate MCD.

Multi-Collateral Dai (MCD) is a major step forward in bringing financial stability and transparency to the masses. Stay tuned!

Learn more:

๐Ÿ‘‰ BREAKING: Launch Date of Multi-Collateral Dai, the Dai Savings Rate, and More Announced at Devcon 5

๐Ÿ‘‰ Collateral Onboarding Guide: How to Nominate Tokens for MCD

๐Ÿ‘‰ Dai Savings Rate in Multi-Collateral Dai (MCD)

๐Ÿ‘‰ Deposit Dai to the Robo-Advisor for Yield (RAY)


๐Ÿ“ˆ Dai In Numbers: Momentum Report Q3

As highlighted in the recent report from MakerDAO and blockchain analytics platform Beneath, Dai continues to see substantial growth. The Coinbase Earn CDP Tutorial and Compound were primary drivers of Dai growth over the last few months.

More than 109,000 addresses used Dai in August. ๐Ÿคฏ For reference, a one-month all-time high of 16,000 active addresses was recorded in May.

Compound currently stores nearly 15% of all Dai. It is incredible that this figure has increased six-fold since recorded in the June report.

More than 50% of all Dai is currently held directly in private user wallets. It is also interesting to note that 20% of Dai is held in decentralized applications, 7% in identifiable multi-signature wallets, and 6% in escrow on exchanges. 

The current circulating supply of Dai is 85.64MM, collateralized by nearly $300MM worth of ETH or 1.45% of the total ETH supply.

Onward!

Learn more:

๐Ÿ‘‰ Dai In Numbers: Momentum Report Q3

๐Ÿ‘‰ Deposit Dai to the Robo-Advisor for Yield (RAY)


๐Ÿ’ป Livepeer Explorer 2.0

The slick new Livepeer Explorer 2.0 is officially live. The new explorer features a validator dashboard, as well as breakdown of tokenholders, staking, and history. A rewards calculator displaying 12-month projected rewards is also now available.

We are proud supporters of Livepeer and excited by the continued progress of the project!

Learn more:

๐Ÿ‘‰ Livepeer Explorer 2.0

๐Ÿ‘‰ Delegate LPT to Staked


๐Ÿ“Š Current Staking & Lending Yields

Staked currently supports 16 different crypto assets including Cosmos, Algorand, Tezos, Dash, Decred, Orbs, Horizen, Livepeer, EOS, Factom, Loom, Iris, Terra, Dai, and USDC.

Have questions? Find time to speak here.

Learn more and get started here!


About Staked

Staked helps institutional investors reliably and securely compound their crypto by 5%โ€Šโ€”โ€Š100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency.

If you enjoy Seeking Yield or are a fan of what we are building at Staked, give us a shout on TwitterLinkedIn, or tell your friends and colleagues.

Website | Twitter | LinkedIn | Medium | Newsletter | Careers

โ›“๏ธ Seeking Yield by Staked - Issue #35

๐Ÿ“ข Staked September 2019 Update, โœ… Delegate to Staked from Trust Wallet, ๐Ÿ“ฝ๏ธ Livepeer GPU Miner Update, ๐Ÿ“ˆ Terra Korea Blockchain Week Announcements, & ๐Ÿ“Š Current Staking and Lending Yields

This is the thirty-fifth issue of Seeking Yield by Staked, a weekly update about the most interesting things happening in crypto asset staking and lending.


๐Ÿ“ข Staked September 2019 Update 

September was a busy one! We are extremely grateful for the support and feedback we have received from the community, as we continue to make Staked the easiest place to compound your crypto assets through staking and lending.

In September, we:

  • Introduced the Robo-Advisor for Yield (RAY), a set of smart contracts that automatically allocate crypto assets to the highest yielding opportunities. Try RAY today here!

  • Updated the Staked API for yields and reporting to support 10 chains. Learn more here!

  • Got up and running on Solana, Kusama (Polkadot), Telegram, and Edgeware testnets. Sign up here to learn more!

  • Completed our Trail of Bits audit for the Robo-Advisor for Yield (RAY) smart contracts.

  • Received approval for our Orbs guardian node.

  • Participated in the ICON Pre-Voting Period, claiming a top spot.

We look forward to continuing to provide our customers with best-in-class staking and lending infrastructure!

Learn more:

๐Ÿ‘‰ Staked September 2019 Update

๐Ÿ‘‰ Get started today!

๐Ÿ‘‰ Find time to speak with the Staked team


โœ… Delegate to Staked from Trust Wallet

Trust Wallet, a leading crypto asset wallet, recently announced support for staking, featuring Staked as one of the initial Cosmos validators on the new platform at launch.

Check it out! ๐Ÿ‘‡

We are excited to be supported by Trust Wallet and look forward to growing the staking ecosystem together!

Learn more:

๐Ÿ‘‰ Delegate ATOMs to Staked from Trust Wallet today!


๐Ÿ“ฝ๏ธ Livepeer GPU Miner Update

A major component of the upcoming Livepeer Streamflow update is software that allows GPU crypto miners to simultaneously run Livepeer video transcoding software. The Livepeer video transcoding software is able to utilize idle video processing ASICs on commercial GPUs, effectively transcoding video while causing minimal disruption to the GPUโ€™s hashrate. 

To test the software performance, the Livepeer team recently assembled a basic test mining rig with the following spec.

Check out the test miner below! ๐Ÿ‘‡

Before benchmarking, the Livepeer team established a performance baseline by running a live stream transcoding task without running the mining software. From here, the team tested accordingly and observed the performance of the network.

Read the full post from Livepeer team below to learn more about specific takeaways and observations.

Learn more:

๐Ÿ‘‰ Livepeer GPU Miner Update

๐Ÿ‘‰ Delegate LPT to Staked


๐Ÿ“ˆ Terra Korea Blockchain Week Announcements

Launching in April of 2019, Terra has seen absolutely tremendous growth, approaching 400,000 total addresses since genesis. Showing no signs of slowing down, Terra recently made several noteworthy announcements at Korea Blockchain Week.

Announcements during the week included:

  • Terra now powers global payments Hong Kong-based SSG Duty Free.

  • A CHAI debit card is expected to launch by early 2020, enabling Terraโ€™s blockchain payments to be accepted and available virtually everywhere in Korea.

  • By end-of-year, CHAI will launch offline payments with CU, Koreaโ€™s largest convenience store chain with 14,000 locations.

Terra continues to ship at an impressive rate.

We are proud supporters of Terra and look forward to continued success!

Learn more:

๐Ÿ‘‰ Korea Runs on Terra presentation

๐Ÿ‘‰ Delegate Terra Luna to Staked


๐Ÿ“Š Current Staking & Lending Yields

Staked currently supports 16 different crypto assets including Cosmos, Algorand, Tezos, Dash, Decred, Orbs, Horizen, Livepeer, EOS, Factom, Loom, Iris, Terra, Dai, and USDC.

Have questions? Find time to speak here.

Learn more and get started here!


About Staked

Staked helps institutional investors reliably and securely compound their crypto by 5%โ€Šโ€”โ€Š100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency.

If you enjoy Seeking Yield or are a fan of what we are building at Staked, give us a shout on TwitterLinkedIn, or tell your friends and colleagues.

Website | Twitter | LinkedIn | Medium | Newsletter | Careers

โ›“๏ธ Seeking Yield by Staked - Issue #34

๐Ÿฆ Kusama Chain Candidate 2, ๐Ÿ“ฝ๏ธ Livepeer Ecosystem Update, ๐Ÿ“ˆ Substantial Terra Growth, ๐Ÿ› ๏ธ Upgrading to Multi-Collateral Dai, ๐ŸŽ‚ Happy Birthday, USDC, & ๐Ÿ“Š Current Staking and Lending Yields

This is the thirty-fourth issue of Seeking Yield by Staked, a weekly update about the most interesting things happening in crypto asset staking and lending.


๐Ÿฆ Kusama Chain Candidate 2

Three weeks after the launch of the Kusama Chain Candidate 1 (CC1), the next phase of Kusama, Chain Candidate 2 (CC2), has been released. This release comes after several key fixes to Polkadot, including the BABE consensus layer.

Though Kusama Chain Candidate 2 is technically a fresh chain and will require all Kusama node operators to upgrade, the transaction history of Kusama CC1 will be injected into Kusama CC2. Ergo, CC2 a not-quite hard fork of CC1.

We are very excited to be supporting Kusama and look forward to the Polkadot mainnet launch!

Learn more:

๐Ÿ‘‰ Sign up to learn more about KSM & DOT staking!

๐Ÿ‘‰ Kusama CC2


๐Ÿ“ฝ๏ธ Livepeer Ecosystem Update

The Livepeer ecosystem is stronger than ever. Below are some of the key takeaways from the recent ecosystem update covering the projectโ€™s progress over the last month or so.

Streamflow, the upcoming Livepeer protocol update focused on making the initial alpha public network scalable, cost effective, and reliable, is currently running on an internal test network with high reliability. Below is a dashboard showing probabilistic micropayments tickets being sent, received, and redeemed for one node on the Streamflow internal testnet.

Also during September, the Livepeer participation rate crossed 50%, reaching roughly 55%. For context, the participation rate was slightly less than 25% at the beginning of 2019. See participation rate growth below.

Livepeerโ€™s video developer productization and pilot program was also mentioned in the update. Video streaming application developers in need of transcoding are able to share information here.

We are proud supporters of the Livepeer network and look forward to continued success!

Learn more:

๐Ÿ‘‰ September Livepeer Ecosystem Update

๐Ÿ‘‰ Delegate LPT to Staked


๐Ÿ“ˆ Substantial Terra Growth

This past week, Terra published an update covering the past few months of progress. The update highlights the impressive growth of the protocol, reaching more than 350,000 accounts and 26 million USD of transaction volume since genesis.

During the past few months, Terra has also signed on a number of eCommerce partners including:

  • Yanolja: Leading Korean accommodation platform with annual GMV of $2bn

  • Bugs Music: Music streaming service similar to Spotify in Korea

  • OHOUSE: Koreaโ€™s No 1 interior design and furniture platform

More partners, more users!

Thus, Terra is undeniably one of the most prolific projects in crypto. Onward!

Learn more:

๐Ÿ‘‰ September 2019 Terra Community Update

๐Ÿ‘‰ Delegate Terra Luna to Staked


๐Ÿ› ๏ธ Upgrading to Multi-Collateral Dai

MakerDAO recently published some details regarding the required upgrade to Multi-Collateral Dai (MCD) upon itโ€™s release.

It is important to note that holders of Dai, either in a wallet, CDP, or on an exchange, must upgrade when MCD is released (unless the exchange offers to handle this for you). Those who do not upgrade their Dai will be subject to an Emergency Shutdown, which is explained in the post linked below. With that being said, different types of use cases and partners require different upgrade processes.

The Maker Foundation has also published the MCD Upgrade Guide to ensure as smooth of a transition as possible. The guide covers the specifics of migration, upgrading Dai and CDPs, best practices for different types of partners, and MCD integration.

MCD is coming! MCD is coming!

Learn more:

๐Ÿ‘‰ Looking Ahead: How to Upgrade to Multi-Collateral Dai from Single-Collateral Dai

๐Ÿ‘‰ MCD Upgrade Guide

๐Ÿ‘‰ Deposit Dai to the Robo-Advisor for Yield (RAY)


๐ŸŽ‚ Happy Birthday, USDC!

This past week, USD Coin (USDC) celebrated itโ€™s first birthday and what a year it has been.

With the first batch of USDC minted on September 10, 2018, the fiat-backed stablecoin has come a long way in the past year, reaching $1B worth of USDC issued.

Below are some of the milestones along the way.

September 2018 - USDC officially launches with wide ecosystem support

October 2018 - Circle and Coinbase launch the CENTRE Consortium

November 2018 - First attestation report on USD reserves backing USDC released

December 2018 - Binance lists USDC as a quote currency pair

January 2019 - USDC crosses $300M market cap

May 2019 - DeFi protocols embrace USDC

July 2019 - USDC crosses $400M market cap

August 2019 - One billionth USDC issued

Thus, USDC has seen some tremendous growth in the past year. Very impressive!

Learn more:

๐Ÿ‘‰ A Year of USD Coin (USDC)

๐Ÿ‘‰ Deposit USDC to the Robo-Advisor for Yield (RAY)


๐Ÿ“Š Current Staking & Lending Yields

Staked currently supports 16 different crypto assets including Cosmos, Algorand, Tezos, Dash, Decred, Orbs, Horizen, Livepeer, EOS, Factom, Loom, Iris, Terra, Dai, and USDC.

Have questions? Find time to speak here.

Learn more and get started here!


About Staked

Staked helps institutional investors reliably and securely compound their crypto by 5%โ€Šโ€”โ€Š100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency.

If you enjoy Seeking Yield or are a fan of what we are building at Staked, give us a shout on TwitterLinkedIn, or tell your friends and colleagues.

Website | Twitter | LinkedIn | Medium | Newsletter | Careers

โ›“๏ธ Seeking Yield by Staked - Issue #33

โœ”๏ธ RAY MetaMask Authentication, โš›๏ธ Upcoming Cosmos Hub 3 Launch, ๐Ÿงช Coda Testnet Progress, ๐Ÿ”ฌ DeFi Evaluation Framework, & ๐Ÿ“Š Current Staking and Lending Yields

This is the thirty-third issue of Seeking Yield by Staked, a weekly update about the most interesting things happening in crypto asset staking and lending.


โœ”๏ธ RAY MetaMask Authentication

In case you missed it, last week we introduced the Robo-Advisor for Yield (RAY), a set of smart contracts that automatically allocate crypto assets to the highest yielding opportunities. RAY is the easiest way for a holder of ETH, DAI or USDC to earn the highest yield available across yield-generating DeFi opportunities.

Today, we updated our UI to make it easier to view and modify RAY tokens. Users no longer need to sign up or be logged in to a Staked account to view and modify RAY tokens. No Staked account? No problem. Check it out! ๐Ÿ‘‡

We greatly appreciate the support and feedback we have received from the community!

Learn more:

๐Ÿ‘‰ Try RAY today!

๐Ÿ‘‰ Robo-Advisor for Yield (RAY) Update (9/20/19)

๐Ÿ‘‰ Robo-Advisor for Yield (RAY) FAQs


โš›๏ธ Upcoming Cosmos Hub 3 Launch

Following a governance proposal from September 5, 2019 to initiate a Cosmos Hub upgrade, the Cosmos community has voted to upgrade the Cosmos Hub with a number of improvements and features that the SDK development team has been working on.

We are now just four days away from the first major Cosmos Hub upgrade. Wow! 

A look into the specific changes that were made since the Cosmos SDK v0.32 release line can be found in the July Development Update.

We are proud to support Cosmos and look forward to a smooth upgrade!

Learn more:

๐Ÿ‘‰ Cosmos Hub 3 Upgrade Announcement

๐Ÿ‘‰ Delegate ATOMs to Staked


๐Ÿงช Coda Testnet Progress

Over the past eight weeks, Coda has seen substantial progress during itโ€™s testnet. In the most recent testnet challenge, Coda users were encouraged to participate in two categories of competition during two one hour slots: transactions sent and total fees received from SNARKs sold.

Below are a few metrics from the testnet challenge displaying the level of activity from participants.

  • Total Transactions Sent: 2,108

  • Codas Accrued from SNARKs: 1,530

  • Protocol reached a throughput of 0.2 TPS (transactions per second), doubling expectations of 0.1 TPS from the first testnet phase

We are excited by the success of the Coda testnet and look forward to mainnet launch!

Learn more:

๐Ÿ‘‰ Coda Protocol Testnet [Beta] Retrospective โ€” Week 8

๐Ÿ‘‰ Get notified when Coda staking launches!


๐Ÿ”ฌ DeFi Evaluation Framework

The team at ConsenSys recently put together the DeFi Score, a framework for assessing risk in permissionless lending platforms. The DeFi Score is a single, consistently comparable value for measuring protocol risk, based on factors including smart contract risk, collateralization, and liquidity.

DeFi Score ExampleDeFi Score Banner Components

There are several core components to the DeFi Score including smart contract risk, financial risk, and multiple other considerations. The result: an easy-to-understand breakdown of the various risks associated with various lending protocols.

The DeFi Score is absolutely a healthy advancement for the industry.

Learn more:

๐Ÿ‘‰ DeFi Score


๐Ÿ“Š Current Staking & Lending Yields

Staked currently supports 16 different crypto assets including Cosmos, Algorand, Tezos, Dash, Decred, Orbs, Horizen, Livepeer, EOS, Factom, Loom, Iris, Terra, Dai, and USDC.

Have questions? Find time to speak here.

Learn more and get started here!


About Staked

Staked helps institutional investors reliably and securely compound their crypto by 5%โ€Šโ€”โ€Š100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency.

If you enjoy Seeking Yield or are a fan of what we are building at Staked, give us a shout on TwitterLinkedIn, or tell your friends and colleagues.

Website | Twitter | LinkedIn | Medium | Newsletter | Careers

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