MCD is coming! MCD is coming!

Seeking Yield by Staked - Issue 39: 👋 Goodbye CDP, Hello Vault, 📽️ Livepeer’s Public Streamflow Testnet, 📈 Binance Research: The Rise of Staking, 📊 Current Yields, & More

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


👋 Goodbye CDP, Hello Vault

Multi-Collateral Dai (MCD) is set to launch on November 18th - a major milestone for entire crypto industry. In addition to changes to the mechanics of the Dai stablecoin system, several changes to the system’s current terminology will be implemented.

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A few noteworthy changes to the system’s terminology coming November 18th:

  • Collateralized debt positions (CDPs) -> Vaults

  • Dai generated via SCD -> Sai

  • Dai generated via MCD -> Dai

“Maker Vault in MCD is where a user deposits collateral and generates Dai. It is important to note that each collateral asset deposited will have its own Vault.”

The new terminology will be reflected within the user interfaces of Maker Protocol immediately upon the release of MCD, as well as in any new documentation published following launch.

MCD is coming! MCD is coming!

Learn more:

👉 Say Goodbye to CDPs and Hello to Maker Vaults

👉 Try the Robo-Advisor for Yield today!

👉 Reply directly to this email or find time here to set up a RAY demo.

👉 Robo-Advisor for Yield FAQs


📽️ Livepeer’s Public Streamflow Testnet

Livepeer's Streamflow update is now live on public testnet. Infrastructure providers are now able to run nodes on the test network. Really phenomenal progress!

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The test network is designed to provide infrastructure providers with knowledge of how to run nodes in the new Streamflow context, validate that the network is functioning as expected, and help troubleshoot and identify unidentified issues prior to mainnet launch. Currently, infrastructure providers are able to:

  • Run nodes in the new Orchestrator role (formerly known as “transcoder”)

  • Test that their nodes are properly transcoding video

  • Experiment with setting the appropriate parameters around job pricing

  • Accept test payments under the new probabilistic micropayment system

  • Set up their GPUs (in addition to CPUs) to transcode video

Thus, this is a significant advancement for Livepeer. We are proud supporters of the network and look forward to the launch of the Streamflow mainnet!

Learn more:

👉 Livepeer’s Public Streamflow Testnet is Now Live

👉 Delegate Livepeer to Staked


📈 Binance Research: The Rise of Staking

Binance Research recently published an excellent report on the rise of staking, which highlighted Staked multiple times. The report provides a comprehensive look at the current staking space, the differences among staking on different chains, and more.

The report goes on to describe the role of delegation services, as well as how staking service providers are rolling out other utilities and tools for blockchain users to better understand the networks they are interacting with, like the Robo-Advisor for Yield (RAY).

There are also a number of interesting statistics referenced in the research, including the cumulative staking participation rate across all blockchains offering staking (featured below).

Brilliant work from the Binance team!

Learn more:

👉 The Rise of Staking: From Theory to Building Large Infrastructure

👉 Staked Yields Page

👉 Try the Robo-Advisor for Yield today!


📊 Current Staking Yields

Staked currently supports 14 different proof of stake crypto assets including Cosmos, Algorand, Tezos, Dash, Decred, Orbs, Horizen, Livepeer, EOS, Factom, Loom, Iris, Terra, and V-Systems.

Learn more:

👉 Ready to get started or have questions? Reply directly to this email.

👉 Find time to speak with someone from the Staked team here.


📊 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.

Learn more:

👉 Reply directly to this email or find time here to set up a RAY demo.

👉 Try the Robo-Advisor for Yield today!

👉 Robo-Advisor for Yield FAQs


📜 Staked Developer Docs

Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today? Check out our developer documentation!

Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.

Learn more:

👉 Staked Developer Documentation

👉 Reply to this email to speak with the Staked team about getting started today!


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. Staked’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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