Supercharge Your ESDT Investments With Entity’s Staking Farms
Stake a range of ESDT tokens and take advantage of next-level blockchain data — all in one place. In this week’s article, discover the power of the Entity Staking Farms!
Earn rewards on all of your favorite tokens
If you are a dedicated MultiversX user, you likely support a range of projects on the network and invest in several different ESDT tokens.
ESDTs, meaning Elrond Standard Digital Tokens, are tokens other than EGLD that leverage the benefits of the MultiversX blockchain:
- Rapid transaction times
- Highly scalable
- Secure and transparent
- Decentralized
- Low gas fees
With the Entity Staking Farms, projects will be able to directly integrate the staking protocol for their ESDT tokens into Entity. This allows users to directly stake their various tokens and LPs in one place and earn attractive returns while supporting their favorite builders.
Even more next-level analytics
With tools already available on Entity like Staking Provider Metrics, Delegation Metrics and the Portfolio module, Entity is trusted as a leading analytics hub for MultiversX.
With the Entity Staking Farms, investors can now enjoy this level of utility for their ESDT rewards as well.
Track your holdings over time, compare different tokens, and optimize your investment strategy. The power is yours!
Utility for the whole ecosystem
Everything we do at Entity is focused on providing multiple levels of value. For example, the Project Monitor is both a research tool for users and a growth platform for Web3 startups to expand their communities.
The Entity Staking Farms follow this same approach.
With this module, Entity makes it simple for projects to onboard new investors to their staking protocols and liquidity pools. At the same time, the Staking Farms empower investors to manage and monitor their ESDT investments from one convenient interface.
More power for Entity launches
This feature will also synergize directly with the Entity Launchpad and Entity Launch Pool.
Projects featured on either launch platform will have the option to directly launch their own Staking Farm, so Entity users can easily support them throughout their whole life cycle.
Coming up: Entity’s Year in Review and 2023 Preview
This month, we will review all the highlights and milestones from Entity’s first year as a Growth Engine for Web3.
We will then give you an in-depth preview of what’s to come in our roadmap for next year.
In the meantime, make sure to follow us on Twitter and Telegram as we fuel up for launch.
Enhancing the MultiversX Ecosystem
Entity is a Launchpad and suite of cutting-edge tools for Web3 builders and investors. Entity is focused on catalyzing growth in key areas such as DeFi, GameFi, NFTs and real-world blockchain applications.
MultiversX is a highly scalable, secure and decentralized blockchain network created to enable radically new applications, for users, businesses, society, and the new metaverse frontier.
