Seeking Yield by Staked - Issue #13
Decred Lightning Network Testnet Launches, dYdX Goes Live, 5 Differences between Cosmos & Polkadot, Meet us during Blockchain Week NYC, Current Yields & More
This is the thirteenth issue of Seeking Yield by Staked, a weekly update about the most interesting things happening in crypto asset staking and lending.
⚡️ Decred Lightning Network Testnet Launches
The official testnet for dcrlnd , the Decred Lightning Network wallet and node software, has been released. To test the LN network, there are a few simple steps:
Access the main project repository on GitHub
Download the code
Compile it, and start testing!
Read our Decred Staking Guide or visit our website for more on Decred!
Check out the full announcement of the release here!
🔬 5 Differences between Cosmos & Polkadot
Julian Koh recently published an extremely comprehensive article highlighting five key differences between Cosmos and Polkadot. According to the piece:
Advantages of Polkadot over Cosmos:
Application developers do not need to bootstrap their own security
If they can solve data availability, interchain messaging under shared security is easier
They seem to be more ambitious with Substrate (WASM, more consensus algorithms & modules out-of-the-box)
Focus on arbitrary message passing better for cross-parachain contract calls. (Still unsure of use case today)
Seems to have more developers building version 1.0
Advantages of Cosmos over Polkadot:
Cosmos is live. Polkadot is not.
Polkadot has a restrictive & possibly expensive parachain membership process
More customizability is better for specific projects (e.g, Binance)
Evil validators of parachains could spread corruption throughout entire network. Cosmos restricts corruption to only within the zone & corresponding assets
Cosmos SDK used by many projects already
Focus on asset transfers simpler & easier to get right. Proven use case today.
Read the full article here!
🚨 dYdX Goes Live
dYdX, an open trading platform for crypto assets, has official went live with it’s new product. The product is also now live on ProductHunt.
The new dYdX features margin trading with up to 4x leverage, borrowing and lending with no minimums or lock up periods, and numerous portfolio management tools.
Read the full announcement or view dYdX on Product Hunt here!
📆 Meet us during Blockchain Week NYC
We are extremely excited to meet everyone in town for Blockchain Week NYC!
To find a time to connect with us, find a time here or meet us at one of the events below.
Fluidity Summit
When: Thursday, May 9th, 2019
Where: Williamsburgh Savings Bank (175 Broadway, Brooklyn, NY 11211)
#DeFi For crypto traders
When: Thursday, May 9th, 2019
Where: 16 Vestry St, New York, NY 10023
Block Plus Summit
When: Saturday, May 11th, 2019
Where: McNally Amphitheater (140 W 62nd St, New York, NY 10023)
Consensus
When: May 13th - 15th, 2019
Where: New York Hilton Midtown (1335 6th Ave, New York, NY 10019)
💼 We are hiring!
Staked is growing and always searching for new talent! We are currently looking for:
Reach out if you are interested or know someone that would be a good fit!
Visit our careers page to learn more.
📊 Current Staking Rewards
Staked currently supports Cosmos (ATOM), Horizen (ZEN), Loom Network (LOOM), Decred (DCR), Tezos (XTZ), Livepeer (LPT), Dash (DASH), EOS (EOS), and Factom (FCT).
Have questions about staking and your strategy? Find time to speak here.
Sign up here for more on staking with Staked!
📊 Current ETH Lending Yields
There are both on-chain and off-chain crypto asset lending solutions.
Below are various crypto asset lending solutions and annual ETH lending yields.
Sign up here to learn more about lending with Staked!
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 Twitter, LinkedIn, or tell your friends and colleagues.
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