- Chainlink-based stake.link is set to revolutionize staking within the oracle’s ecosystem.
- Its mission will be compounded by the introduction of its chatbot, SergAI.
stake.link, an innovative platform built on the Chainlink ecosystem, has just announced a significant expansion to its forthcoming staking program. This suite of new features and optimizations aims to reinforce stake.link’s position as the leading Chainlink staking solution.
stake.link Unlocking the Power of Chainlink Staking v0.2
Among these upgrades is a groundbreaking feature known as the Priority Pool, set to enhance the staking experience and simplify participation as Chainlink Staking v0.2 goes live in Q4. With Chainlink’s capacity set to expand from 25 million to 45 million tokens, the Priority Pool automates LINK staking on behalf of depositors, delivering a seamless and highly efficient staking experience.
This innovative approach empowers users to “set and forget” their staking preferences, eliminating the need for constant monitoring while ensuring optimal rewards. The Priority Pool’s automation removes barriers to entry for those new to staking, making it easier than ever for both experienced and novice users to participate in the Chainlink network’s security and earn rewards.
In yet another strategic move, stake.link has announced its plan to transition from stSDL (staked SDL) receipt tokens to reSDL (reward escrow SDL), introducing an NFT representation of the SDL token. This transition is aimed at promoting long-term participation in the platform while offering increased boosts and governance votes.
Jonny Huxtable, a founding member of stake.link, expressed the significance of this major iteration, stating, “This major release marks a milestone for stake.link, seeing growth that will cement its position in the industry to support the next wave of major infrastructure advancements powered by the Chainlink Network.”
In a final exciting development, stake.link has announced the imminent release of its AI-powered chatbot, “SergAI.” With expertise in all things Chainlink staking and stake.link, SergAI will be on hand to answer user’s questions concerning various topics, including liquid staking thresholds, the Priority Pool, and the operation of receipt tokens.
This chatbot aims to provide users with quick and accurate information, ensuring they make informed decisions within the stake.link ecosystem.
The Rise of Delegated Liquid Staking
The concept of Delegated Liquid Staking, offered by stake.link represents a significant evolution in the staking landscape. Unlike traditional delegated staking, which locks up users’ tokens, liquid delegated staking allows users to maintain the liquidity of their assets while participating in staking.
This innovative approach not only increases the chances of validators being selected but also enables users to explore additional avenues for generating gains with their tokens.
Since its launch in December 2022, stake.link has demonstrated its prowess as a platform that seamlessly integrates liquid delegated staking into the Chainlink ecosystem. The success of stake.link can be attributed in large part to its partnership with 15 of the highest-performing node operators in the Chainlink protocol.
This collaboration has resulted in a robust and reliable platform, democratizing access to staking opportunities within the Chainlink ecosystem.
