How RAMP DeFi Maximizes APY on Your Staked Crypto Assets

The growth of decentralized finance (DeFi) has exploded over the last year, beginning with less than $1 billion in total locked value to almost $20 billion currently. DeFi has created transactional opportunities that were previously impossible without blockchain technology, unlocking additional value for users that was previously captured by third parties. With the explosion of DeFi applications, more cryptocurrency users are discovering ways to generate additional yield on their cryptocurrency holdings, both actively and passively. Examples of how a user can generate additional value through DeFi is by providing liquidity to a decentralized exchange or insurance platform, lending their cryptocurrency, or by staking. Staking is the process of locking up tokens in a network in order to help validate transactions and to serve as collateral against bad actors who may try to exploit the network. How Does Staking Work? There are a few methods that allow for a blockchain network…

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