
The cryptocurrency ecosystem is witnessing significant developments with the launch of new staking options. The SingularityDAO decentralized application (dApp) has introduced ERC-20 FET (ASI) staking, providing users with various benefits within the Singularity DeFi Hub. This announcement was made on October 9, 2024. Additionally, the Suzaku Network has launched its Restaking dApp, which supports collateral types including sAVAX, BTC.b, and AUSD. This launch marks a notable advancement for the Avalanche DeFi ecosystem. The announcement was made on the same day, with subsequent recognition from yieldyak, highlighting the importance of this development. Furthermore, Synternet is encouraging holders of $SYNT to delegate their tokens to validators, offering an annual percentage rate (APR) of up to 21% through Cosmos staking. This initiative aims to enhance user engagement and token utility within the network.
Holding $SYNT? 👀 It's time to put them to work by delegating to Synternet validators and earn up to 21% APR through @cosmos staking. It only takes a few minutes to get started – start staking $SYNT now 🪩 https://t.co/uxsHZ08ESC
ERC-20 FET (ASI) Staking Now Available on the SingularityDAO Dapp We are pleased to announce that ERC-20 FET (ASI) staking is now available on the @SingularityDAO dApp, offering many additional benefits within the Singularity Defi Hub. Navigate to the SingularityDAO dApp to… https://t.co/X79MpIZIvL
Restaking has arrived on @avax 🔺. Huge step forward for the #Avalanche DeFi ecosystem. Congrats @SuzakuNetwork 👏. https://t.co/m1hDcBBfPi