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RE: Daily Crypto Markets Live Blog: Bluesky Project Day (08/17/21)

in LeoFinance4 years ago

PoS is attracting a lot of interest. Galaxy Digital has reportedly participated in a $50 million funding round for Figment, a crypto staking startup that allows you to stake your assets and earn interest on different blockchains.

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This I find interesting. I will have to take a look at it just out of curosity.

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Please let me know your thoughts about it @leopuma once you are done with it. Could use another expert opinion on the integrity and user experience of this.

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Sounds like a loss of control to me. Why do I need that application when I can stake my tokens myself.

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The only advantage for you to do that is if you want convenience. You get to diversify your investment at one place. Figment is the bridge to all these blockchains.

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It reminds me of kingdoms since we are staking our tokens through a secondary chain.

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Yes. It would be great to see more blockchain protocols and other LPs integrated to Cub Finance so that we never have to leave the product for anything else. ✌

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I'm not involved in neither of those projects but it could be interesting to at least take a look

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Figment has recently partnered with Terra as well. It seems like a decent project.

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