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Are you thinking how to develop a DeFi staking platform?
But not sure how to get started? This guide will help you clear the blockers. The guide includes a feature checklist, functions list, and more resourceful information.
What's included in the book:
Bare minimum functional checklists for user module, stake options, pools, referrals, etc.
Recommended technology stack, blockchain platforms, infrastructure requirements, etc.
Checklists for Platform security, General security, Operational security, etc.
Platform features and functionalities, bare minimum modules and options.
Recommended DeFi crypto staking app process flow for stake, rewards and pools.
High level development roadmap, dependencies, Gantt charts, development functions, etc.
* Download link will be emailed to you.
In a typical DeFi crypto staking platform, users can stake their cryptocurrencies and earn profits from their investments. The platform would bare minimum need one customer module and an admin module.
The Basic functionality is to link wallets to the platform and stake coins based on preset conditions. The tokens need to be locked based on the preset conditions.
Admin will be able to manage the overall functioning of the platform including setting stake amount, interest rates, reward percentage, lockin perios, set campaigns and more.
Rahul A R is the CIO and head of blockchain development at Accubits Technologies. He is a technologist who specializes in Blockchain technologies. He has helped businesses ranging from tech start-ups to Fortune 500 companies develop their blockchain strategy and build several decentralized applications. He emphasizes DeFi, NFTs, Custom blockchain development, custom protocols, consensus mechanism development, and interoperable blockchain applications.
Accubits is one of the leading blockchain development companies. We can help you with end-to-end development services for DeFi application development. What we have to offer;
Custom dApp development, DeFi development, Tokenization, Enterprise blockchain develoment.View Our Services
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Following are a few important questions and answers about DeFi Crypto staking apps. Hope this is helpful.
As the term suggests, auto staking eases up the work for the platform users. The platform can take care of the staking mechanisms for the user. Due to the same reason, demand for auto staking is in the rise in the market. We'd recommend to incorporate auto-staking functionality in the DeFi staking platform.
According to DeFi Pulse, crypto-assets locked to DeFi projects so far this year (Nov 2021), grew 385%. This is tremendous growth. If this trend continues, the industry size could reach $800 Billion by 2022. A part of this growth is fueled by the recent updates in the DeFi such as staking, yield farming functionalities, etc. The introduction of staking in crypto assets opened up a wide range of opportunities for traders to earn additional revenue. In plain words, DeFi staking refers to the process of locking crypto assets into a smart contract in exchange for rewards.
Let this be the first step of a wonderful journey.
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