Aleph Zero

Kintsu

Privacy-enhancing liquid staking for Aleph Zero. Access composable staking yield with Kintsu

Do Your Own Research!

This information has been provided by the owner of the project and has not been verified by the core team of Aleph Zero. Details Verification status Due to the open character of Aleph Zero, anyone can submit projects to the Ecosystem page. The core team of Aleph Zero does not verify the entries, nor can it be held responsible for the success or failure of projects building on top of the network. Being listed on the ecosystem page is not to be understood as an endorsement from the Aleph Zero Foundation or any of the affiliated parties.

About Kintsu

Privacy-enhancing liquid staking for Aleph Zero. Access composable staking yield with Kintsu

Kintsu is a next-gen liquid staking infrastructure DAO. Enhanced Liquidity: Kintsu's premier liquid staking token (“LST”) solution – sAZERO – allows users to stake their AZERO to earn rewards, all while simultaneously utilizing them in DeFi protocols and beyond. Normally, when you stake, you can’t use your tokens, they’re simply staking. But with the science of liquid staking, you can earn rewards by just holding and even when you put the LST into other protocols. This new paradigm provides enhanced liquidity and unity to the Aleph Zero ecosystem by elegantly compounding staking rewards into a tokenized, decentralized staking pool. With Kintsu, network-level staking & nomination no longer compete with other use cases; in fact, they become stronger together. Turnkey Composability: The composable nature of the Kintsu protocol allows DeFi, Gaming, and many other protocols to easily integrate Kintsu LSTs to create compounding opportunities. With Kintsu it is simple to leverage LSTs because the core export is a standardize token that represents your slice of the automatically compounding staking pool. This symbiotic relationship of processing transactions, securing the network, earning rewards, and being able to incorporate that into anything is our super-power. Highly Resilient: By offering a scalable and diverse set of validators, Kintsu promotes decentralization within the
network. As Kintsu grows, we plan to add more validators and progressively decentralize the protocol itself. This is crucial for maintaining decentralization at the network level as we continuously work with the community to scale and evolve the validator set and integrate into a wider array of applications and use cases. Fully Compliant: Kintsu is built to be a fully compliant DeFi solution. While we push the boundaries of what web3 is capable of with general-purpose smart contract programmability, privacy-enhancing tools, and highly composable products, having compliance at the core is paramount. Lowering Entry Barriers: Liquid staking tokens can make staking more accessible to a broader audience. Users who might not want to commit to long lock-up periods can participate, expanding the user base, and there are no limits on how many tokens to stake. Improved Validator Participation: A growing set of validators means increased competition among them. This competition can lead to better incentives for validators to provide reliable services, ultimately
benefiting the entire network's security and performance. Over time this creates an additional avenue for high-performing validators of all sizes to get additional nomination. Token Utility: The liquid staking token itself can have utility within the DeFi ecosystem, serving as collateral or governance tokens in various protocols, further increasing its value. Community Participation: A liquid staking token can foster an active and engaged community of stakers and DeFi enthusiasts, which can be invaluable for protocol growth and development.

Details

Status
Development
Listed on
Oct 27, 2023

Categories

Privacy Validator Lending and borrowing EFP Members
Do Your Own Research!

This information has been provided by the owner of the project and has not been verified by the core team of Aleph Zero. Details Verification status Due to the open character of Aleph Zero, anyone can submit projects to the Ecosystem page. The core team of Aleph Zero does not verify the entries, nor can it be held responsible for the success or failure of projects building on top of the network. Being listed on the ecosystem page is not to be understood as an endorsement from the Aleph Zero Foundation or any of the affiliated parties.