⛓️ Seeking Yield by Staked - Issue #33

✔️ RAY MetaMask Authentication, ⚛️ Upcoming Cosmos Hub 3 Launch, 🧪 Coda Testnet Progress, 🔬 DeFi Evaluation Framework, & 📊 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.


✔️ 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! 👇

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

Learn more:

👉 Try RAY today!

👉 Robo-Advisor for Yield (RAY) Update (9/20/19)

👉 Robo-Advisor for Yield (RAY) FAQs


⚛️ 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:

👉 Cosmos Hub 3 Upgrade Announcement

👉 Delegate ATOMs to Staked


🧪 Coda Testnet Progress

Over the past eight weeks, Coda has seen substantial progress during it’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:

👉 Coda Protocol Testnet [Beta] Retrospective — Week 8

👉 Get notified when Coda staking launches!


🔬 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:

👉 DeFi Score


📊 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% — 100% 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.

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