Allstake Collaborates with Ref Finance to Elevate NEAR’s DeFi Ecosystem through Seamless Restaking Capabilities
Allstake, the pioneering meshed restaking protocol designed to enhance the security and decentralization of Web3, is excited to collaborate with Ref Finance, the leading DEX on NEAR.
Ref Finance is a prominent DEX on the NEAR blockchain that supports a wide range of functions, such as instant swap and liquidity farming. Currently, Ref’s TVL has already exceeded $55 million, and it also serves as an important gateway to connect the NEAR DeFi world.
Allstake allows users to easily restake a variety of crypto assets, including LSTs, LRTs, LP tokens, and stablecoins, across multiple blockchains. Ref users can now swap $LiNEAR or $stNEAR and restake on Allstake to earn lucrative rewards. This partnership between Allstake and Ref Finance supports NEAR’s vision of a chain-agnostic future where users can seamlessly access the open web with new DeFi capabilities.
Allstake x Ref Finance x LiNEAR GEM Drop Alliance Event
In an exciting move to celebrate the launch of Allstake Stage 0 and the new partnership with Ref Finance, Allstake is co-hosting a special GEM Drop event, open to all Ref and LiNEAR users.
By participating, you’ll receive 200 GEMs. Here’s how you can join the Allstake x Ref x LiNEAR GEM Drop Alliance:
- Swap $LiNEAR on Ref Finance with a minimum swap of 0.5 $LiNEAR.
- Stake your $LiNEAR on Allstake. You can refer to the comprehensive guide here: https://medium.com/nearprotocol/restaking-on-near-protocol-the-comprehensive-guide-40dd3867e960
- Event period: June 1 — July 15 2024
Stake your $LiNEAR on Allstake now!
About Allstake
Allstake is the first Omnichain Meshed Restaking protocol that brings restaking to all chains and allows for AVS to derive security from multiple assets simultaneously. It offers the most flexible security model without rebuilding wheels on each chain.
About Ref Finance
Ref Finance is a community-led, multi-purpose DeFi platform built on the NEAR Protocol. Leveraging NEAR’s low fees, one-to-two second finality, and WebAssembly-based runtime, Ref Finance provides users with a robust set of DeFi capabilities. This includes multiple pools in a single contract, atomic transactions, and customizable pool fees. As a leading decentralized exchange on the NEAR network, Ref Finance has amassed a total value locked of over $50 million, cementing its position as a key player in the NEAR DeFi ecosystem.
Disclaimer
Allstake does not endorse or promote any of the projects, platforms, or cryptocurrencies mentioned in this blog post. Any descriptions of functionality and services provided are for informational purposes only. Allstake is not responsible for any loss of funds or other damages caused as a result of using the projects, platforms, or cryptocurrencies described above. Readers are advised to conduct their own research and exercise caution when engaging with any of the mentioned entities.
