⛓️ Seeking Yield by Staked - Issue #15
Livepeer Participation Rate Approaches 40%, MakerDAO Executive Vote to Lower Stability Fee, Understanding Algo Auctions, Staking and Lending Yields, Open Positions at Staked, & More
This is the fifteenth issue of Seeking Yield by Staked, a weekly update about the most interesting things happening in crypto asset staking and lending.
📈 Livepeer Participation Rate Approaches 40%
More than 5M of the 13M total LPT supply is currently bonded. Network participation has risen substantially over the past few months and 3.2% in the last week alone.
Once the LPT target participation rate reaches 50% , inflation can begin to decrease and settle at some equilibrium.
To delegate your LPT to Staked, please use the following address:
0xE9E284277648fcdb09B8EfC1832c73c09b5Ecf59
To learn more about delegating LPT to Staked, visit our website or read the guide.
⚖️ MakerDAO Executive Vote to Lower Stability Fee
The Maker Foundation Interim Risk Team has placed an Executive Vote into the voting system, which will enable the community to constitute a new Dai Stability Fee of 17.5%.
The primary consideration for lowering the stability fee was that the price of Dai exceeded the intended peg.
This matter was discussed in the Governance call on Thursday, May 16, 2019. The Video, Audio, Transcript, and online discussion are informative.
Read the full post from MakerDAO here.
⛓️ Understanding Algo Auctions
The Algorand Foundation recently published some details about the Algorand Dutch Auction mechanism.
Every Algo purchased in one of the auctions carries a refund policy. If the Algorand Foundation sells an Algo, the refund policy enables the purchaser to return the Algo back to the Foundation during a 7-day window one year later at the following amounts:
Sign up here to be notified when Algorand staking launches!
Read the full post from the Algorand Foundation here.
📊 Current Staking Yields
Staked currently supports Cosmos (ATOM), Horizen (ZEN), Loom Network (LOOM), Decred (DCR), Tezos (XTZ), Livepeer (LPT), Dash (DASH), EOS (EOS), and Factom (FCT).
We will be publishing Terra and IRIS Network staking guides in the imminent future.
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!
💼 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.
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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