ClayStacl- liquid staking protocol
Hello. Today I have brought you a great project — a platform for stacking ClayStack. It is at an early stage, now you can participate in the wrong test.
As part of the seed round of financing, they raised $ 5.2 million, among the partners of Coinbase Ventures, Solana Foundation, the project is supported by the creator of the Compound landing protocol, Robert Leshner. So we are waiting for good awards.
What tasks does the project solve?
Now many long-term investors would like to block coins in stacking. Even for such top coins as SOL, Matic, DOT, ATOM, you can get 15–20% per annum. Less liquid coins can be placed at 60–80%.
It’s not bad, but what stops it is that, if necessary, you will have to wait from 2 days, and on some platforms 14–21 days before unlocking. That is, rewards are no longer awarded, and there are no coins on the wallet
The clay stack solves this problem. coins can be placed on the platform without a blocking period. The user deposits the MATIC. In return, he will receive the same number of csMATIC tokens, and ClayStack will use the original assets in the POS protocol. As a reward for staking, the project will periodically send csMATIC to the user. The latter can be exchanged back to MATIC at any time, without a blocking period, as well as used in DeFi applications to generate additional income.
The application works on the Etherium network and Polygon. It should be borne in mind that the platform is decentralized, which means that for every transaction (including the transfer of income from stacking) you need to pay for gas. Partners
The project is supported by well-known funds Coinbase Ventures, Solana Foundation, Compound.
The project is also supported by Coindesk, Nasdaq, Bloomberg, Investing.com
Activities:
On March 16, 2022, the platform launched on the main network and now there are already many opportunities to prove themselves. Key Features:
active participants will be rewarded;
there are 4 roles available — developer, manager, designer, innovator;
Important decisions are made at the Council. Ambassadors can participate in voting on the adoption of Council members.
Entry in the waiting list of tyk.
”Matrix”. The project is already running on the main network. you need to stack at least 100 coins to get bonus points for the Mission Center (the reward for stacking itself). The maximum amount of points that can be accumulated is 40,000. The promotion will last a year after the launch, that is, until March 2023. For 100 MATTIC you will get 100 bonuses. further, the amount of remuneration will grow and reach 200% with 10,000 accumulated Matte (20,000 accumulated).
► Web Site — https://claystack.com/
► Twitter — https://twitter.com/claystack_hq
►Discord — https://discord.gg/z5npACzdfn
► Telegram — https://t.me/claystack
►My telegram — shef198911
►My discord — shef198911#9095
