Seeking Yield by Staked — Issue #2
Dash Staking Guide, Making Collateral Liquid, Dharma Lever Announcement, & Current Staking and Lending Yields
This is the second issue of Seeking Yield, a weekly update about the most interesting things happening in crypto asset staking and lending.
Dash Staking Guide
Staked recently released support for Dash masternodes. Holders of DASH that run a masternode receive ~ 7% annual block rewards.
Dash masternodes receive 45% of the block rewards of the network and govern the Dash decentralized autonomous organization.
Check out this guide to learn more about staking Dash.
Making Collateral Liquid
Much of the collateral locked in open financial protocols like MakerDAO is unproductive, as it technically isn’t required by the contract.
Making this collateral productive is a big deal, as there is already more than 2M ETH or $250M+ locked up in these on-chain lending solutions.
Sowmay Jain, founder of InstaDApp, recently proposed sweeping excess ETH out of CDPs and into Compound’s money market to earn interest.
Integrating Uniswap and Compound is intriguing as well. Providers of ETH/DAI liquidity on Uniswap would be able to concurrently earn interest on their assets via Compound.
Check out the most recent issue of Token Economy for more about liquid collateral.
Dharma Lever Announcement
Dharma, a protocol for generic tokenized debt agreements, has announced Dharma Lever, a trustless lending service enabling affordable and instant margin access.
Dharma recently raised a $7.1 Series A round from Y Combinator, Coinbase Ventures, Polychain, Lemniscap, Passport Capital, Blockchange Ventures, Green Visor Capital, and 9Yards Capital.
You can reserve a spot on the waitlist and learn more here.
Current Staking Rewards
Sign up with Staked today and stake Decred (DCR), Tezos (XTZ), Dash (DASH), Livepeer (LPT), Eos (EOS), and Factom (FCT).
Don’t see your favorite crypto asset? Cosmos, Algorand, and NuCypher are coming soon. We will keep you updated as we add support for new assets.
Sign up and follow the directions here for more about staking with us.
Current ETH Lending Yields
There are both on-chain and off-chain crypto asset lending solutions.
Below are various crypto asset lending solutions and annual ETH lending yields.
Sign up here to learn more about lending with Staked.
About Staked
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency.
If you enjoy Seeking Yield or are a fan of what we are building at Staked, give us a shout on Twitter, LinkedIn, or tell your friends and colleagues.
