Coin98 and Ankr join forces to bring liquid staking to the masses
![thumbnail](https://file.coin98.com/images/coin98-partners-with-ankr-kMz0idH1IzbD8Tso.png)
Liquid staking has gained immense popularity in the DeFi space, particularly after the success of The Merge, which has inspired us to consider incorporating this sector into our offering. With a multichain engine and a comprehensive suite of DeFi services, Coin98 is well-positioned to serve its 6 million users worldwide with the addition of liquid staking to contribute to the growing demand and its potential to revolutionize the DeFi space.
Ankr, the leading Web3 infrastructure company, offers different products for building, earning, gaming, and more on the blockchain. Its Staking product aims to bring the benefits of DeFi to the masses with Liquid Staking, Delegated Staking, DeFi, Bridge, Switch, and Parachain Crowdloan. With over 116M TVL, 11,300 stakers, and a wide network of partners, Ankr is a trusted partner for Coin98 in this endeavor.
Through leveraging Ankr's infrastructure and underlying technologies, Coin98 intends to lower the barrier between users and liquid staking by giving them a simple and user-friendly interface. Users can access this expanding industry to maximize their capital efficiency, which not only yields passive income through staking rewards but also flexible return potential in the larger DeFi market. Coin98 will support staking ETH and BNB, and receive CETH and CBNB in return for the initial phase.
When it comes to liquid staking, you can stake any amount of tokens and instantly unlock your staked tokens, which solves the challenges of traditional staking: require a certain amount of tokens and stake a specified length of time. This is one of the advantages we eagerly aim to deliver to our users.
In addition to its capital efficiency, we enable users to advance their role within the blockchain ecosystem by making contributions to the network, upholding the stability and security of the system through liquid staking.
The essence of DeFi is to empower users with financial tools to manage their capital and build their future without the intervention of third parties. That is why Coin98 and Ankr are committed to providing users with secure and user-friendly access to this sector and keep building in this space. Stay tuned for updates on APR and other developments!
About Ankr
Ankr is the leading Web3 infrastructure company. It has a set of different products for building, earning, gaming, and more — all on the blockchain. Its vision is to make Web3 accessible to everyone.
About Coin98 Super App
Coin98 is the #1 crypto super app designed to seamlessly connect a billion users to the crypto world safely and securely.
We offer users across the globe a comprehensive and trusted ecosystem of essential services, including but not limited to a non-custodial, multi-chain NFT & cryptocurrency wallet, built-in DEXs, Cross-chain Bridge & DApp Browser, a powerful Terminal, attractive Earn, Gift & Campaign, and Others.