Fantom Launches Liquid Staking and Synthetic Assets in Partnership With Band Protocol - Press Release
Fantom Launches Liquid Staking and Synthetic Assets in Partnership With Band Protocol SYDNEY, AUSTRALIA / ACCESSWIRE / December 10, 2020 / Fantom has launched Liquid Staking, a defi protocol with decentralized price oracles provided by Band Protocol. For the first time on a layer-1 protocol, staked assets can become liquid, enabling them to be used for an array of decentralized finance applications. Fantom users can now mint sFTM, a synthetic asset, in a 1:1 ratio to their delegated FTM, before deploying sFTM within the Fantom Finance ecosystem. Liquid Staking enables users to trade synthetic...
Source: digitaljournal.com