Meta Pool: Braving a New Web3 World

NEARWEEK
NEAR Protocol
Published in
2 min readOct 7, 2022

Opening Up the World of DeFi

On August 23rd 2021, Meta Pool, the first liquid staking platform on NEAR Protocol launched on mainnet bringing to the ecosystem an effective solution to the problems associated with Proof-of-Stake, namely, illiquidity, immovability and accessibility. Through Meta Pool, users can stake their NEAR tokens and receive stNEAR, a token through which they can participate in DeFi in the ecosystem while earning rewards and contributing to the decentralization of the network.
Since its launch, Meta Pool has worked hard to bring more value to the NEAR ecosystem and community by striking partnerships with the top DeFi players and by launching Meta Yield, inaugurating a new generation of fundraising. With Meta Yield, Meta Pool pioneered a brand new system for supporting projects building on NEAR by allowing the members of the NEAR community to financially support their development without risking their tokens.

Braving a Web3 World

During NEARCON, the NEARWEEK team conducted an interview with Claudio Cossio, Meta Pool’s co-founder, to dive into the most recent developments of the biggest liquid staking platform on NEAR, and gain a better understanding of its long-term vision.

What emerged from the interview is that Meta Pool positions itself as the cornerstone of the ecosystem. By engaging with different players Meta Pool strives to find new ways to create more value for the ecosystem and unlock DeFi’s potential. Meta Pool firmly believes that the best way to bring value is through cooperation, eliminating barriers to access, and ultimately, creating the best UX experience.

Following a distinctive Web3 ethos, Meta Pool abides to the idea of decentralization and cooperation which are the main core values reflected in its approach both when it comes to its product and governance.
We encourage you to watch the full interview to learn all the details behind Meta Pool’s work and how it is planning on creating even more value for the NEAR community.

About NEAR Protocol

NEAR is a dynamically sharded Proof-of-Stake, carbon-neutral blockchain built for usability and scalability. NEAR combines the power of both PoS and sharding in a technology called Nightshade, making the chain infinitely scalable without compromising security and decentralization.

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