The DeFi industry experienced an explosive expansion throughout the year 2020.
By the first quarter of 2020, DeFi had securely captured more than $1 billion, and this value soared to exceed $10 billion by late September.
Amidst a thriving bull market, DeFi's appeal skyrocketed, drawing in cryptocurrency enthusiasts and entrepreneurs alike. Additionally, coins launched on PoS protocols gained popularity as mining grew increasingly complex and costly.
Enter Tosdis Finance, bridging the gap by merging decentralized finance with service offerings.
Please Note: This is a Press Release
What is Tosdis Finance?
Tosdis It stands as the first decentralized network seamlessly integrating multiple blockchains, paving the way for widespread adoption.
The Tosdis Finance team offers users the capability to stake multiple cryptocurrencies across various blockchains, including Polkadot, Ethereum, EOS, Tron, Chainlink, and more.
Since its inception in Q2 2020, Tosdis Finance has rapidly achieved its milestones, gearing up for deployment by year's end with plans to extend staking-as-a-service to BSC and Polkadot in Q1 2021.
Staking-as-a-Service explained
Staking-as-a-Service: What it is and its benefits for cryptocurrency aficionados.
Essentially a PoS protocol upgrade, staking-as-a-service allows users to stake cryptocurrencies across multiple platforms rather than restricting them to a single one.
Tosdis EasyStake is a swift and cost-effective network compatible with all ERC-20 tokens, enabling projects to allow their communities to benefit from staking with rewards. TosdiS Token energizes the ecosystem, feeding platform fees back into its deflation system for token burning.
Such a model ensures the project's longevity and secures a steady future usage for the TosdiS token.
Enhancing DeFi with the innovative concept of Liquid Staking.
Beyond simply offering staking-as-a-service, Tosdis Finance is enhancing the DeFi experience with liquid staking, grouping users' assets by projects to provide multi-product utilization.
Users choosing their desired digital assets and blockchain for staking receive derivatives for cross-blockchain trading, empowering easy and secure asset management.
Not only does liquid staking offer greater financial flexibility, but it also helps propel DeFi forward by increasing capital lock-in and advancing innovation.
Tosdis EasyStake delivers numerous advantages, empowering users with diverse staking options.
One key appeal of their service is the long-term yield potential. Much like a savings account, the longer users stake their assets, the greater the rewards they reap.
In combination with liquid staking, crypto holders gain an efficient, secure means to manage their holdings, further advancing the DeFi landscape.
As 2021 dawns, the team plans to launch Yield Farming as a service, enabling projects to facilitate ERC20 token yields.
They aim to introduce Liquid Staking for various PoS coins, giving users a straightforward way to tokenize their assets and dive into DeFi.
Stay informed of the project's progress by following them on their various social media platforms.
- Twitter: https://twitter.com/TosdisFinance
- Medium: https://tosdis-fi.medium.com
- Telegram: https://t.me/Tosdis
- Telegram ANN: https://t.me/TosdisAnn
- Website: https://tosdis.finance/
