Ankr Expands Focus to Avalanche and Fantom Ecosystems With Multichain Liquid Staking SolutionsExternal - Press Release
By: Ankr •External PR
Ankr, a leading liquid staking provider, is expanding its focus beyond Binance Smart Chain (BSC) and moving towards two other rapidly growing ecosystems: Avalanche (AVAX) and Fantom (FTM). Ankr, with the highest TVL for BNB, has been creating waves in the BSC ecosystem with its innovative Liquid Staking solutions.
Ankr aims to be the “most multichain” liquid staking provider in the industry, offering staking with high liquidity, low fees, and no lock-up periods. With its innovative approach to staking, Ankr enables users to earn a base layer of staking rewards while maintaining the liquidity to trade their assets or pursue additional DeFi earning opportunities freely.
As part of its expansion plan, Ankr has collaborated with Beethoven X to launch the ankrFTM Beethoven X pool, which offers FTM holders the opportunity to earn staking rewards while maintaining liquidity. This new partnership demonstrates Ankr’s commitment to providing users with the best staking options across different ecosystems. The pool offers a competitive APY, making it an excellent opportunity for FTM holders to earn passive income.
Ankr’s ETH bridge now enables users to move their ankrETH into AVAX and FTM chains seamlessly. The ankrETH bridge allows users to easily take advantage of the growth opportunities offered by these high-potential ecosystems, providing an omnichain liquid staking solution.
Ankr’s Flash Unstake solution is another innovative feature that enables users to unstake their funds instantly by using a pool to swap the users liquid staking tokens with their original assets. Flash Unstaking is a unique feature that Ankr has already released for the BNB Liquid Staking Token (ankrBNB) and will soon enable the same solution for its Ethereum Liquid Staking Token (ankrETH).
“We are excited to expand our focus beyond Binance Smart Chain and make our Liquid Staking solutions available to more users,” said Filipe Gonçalves, Chief of DeFi at Ankr. “Our aim is to be the most multichain liquid staking provider in the industry, and our latest collaboration with Beethoven Finance and expansion into AVAX and FTM ecosystems, along with the innovative Flash Unstaking feature, will revolutionize the staking industry, making it more accessible and less restrictive for users.”
In conclusion, Ankr’s expansion into Avalanche and Fantom ecosystems marks an important step towards becoming the industry’s most multichain liquid staking provider. By collaborating with Beethoven X to launch the ankrFTM Beethoven X pool, Ankr has demonstrated its commitment to offering the best staking options across different ecosystems. Additionally, the AnkrETH bridge and Flash Unstake solution are innovative features that provide users with more flexibility and accessibility to staking. As Ankr continues to push the boundaries of liquid staking, it is poised to revolutionize the industry and make staking more accessible and less restrictive for users.
Ankr is a decentralized Web3 infrastructure provider powering the foundational layer for Web3, DeFi, and the digital economy across dozens of blockchains. Ankr’s RPC node marketplace enables independent node providers to monetize their node infrastructure and allows Web3 developers to access Ankr’s increasingly decentralized RPC services with a pay-as-you-go model secured by the ANKR token. As a pioneer in the Liquid Staking space, Ankr also democratized access to staking on multiple Proof-of-Stake chains. DeFi users, developers, and platforms can all benefit from access to an easily accessible liquid staking infrastructure to create ecosystems with the largest available source of crypto yield. Ankr’s objective is to serve as a critical infrastructure behind Web3 growth while ensuring that it remains decentralized thanks to Ankr Network.
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