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InfStones Joins Kintsu to Boost Monad DeFi Ecosystem
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InfStones Joins Kintsu to Boost Monad DeFi Ecosystem
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Aug 28 , 2024 · 2 min read
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Kintsu is a next-generation liquid staking platform built on the Monad blockchain. It offers liquid staking with features like swapping, pooling, farming, and trading. Users can lend and borrow using liquid-staking tokens as collateral.

The Monad blockchain is highly regarded for its scalability and advanced pipeline execution, which makes it perfect for Kintsu's staking model. Furthermore, beyond DeFi, Kintsu provides developers tools to create gaming experiences where liquid staking can be used for in-game collateral, rewards, and utility within NFT marketplaces.

How Kintsu Staking Works

Kintsu lets you stake AZERO tokens from the Aleph Zero network and earn rewards. When you stake, you receive sAZERO tokens, which represent your share of the total staked pool.

Image Source: Kintsu.xyz

As staking rewards accumulate, the pool grows, and Kintsu generates even more yield for you to redeem your sAZERO for more AZERO than initially staked. sAZERO tokens are also fungible, usable across DeFi platforms, and redeemable for AZERO, subject to a redemption delay.

What Makes Kintsu Staking Unique?

Kintsu liquid staking solution is highly regarded for multiple reasons, including:

  • Capital Efficiency with Composable Yield: Kintsu’s liquid staking tokens (LSTs) allow users to earn yield twice on the same assets. After staking, LSTs can be used in DeFi applications like lending or farming to generate returns from staking rewards and DeFi activities​after staking.
  • Fractional Ownership and Pooling: Kintsu lowers the barriers to staking by allowing fractional ownership of staked assets. Users with smaller capital can pool their tokens together to meet staking requirements.
  • Interoperability Across Blockchains: Kintsu also supports interoperability. It allows users to stake tokens on one network (such as Aleph Zero) and utilize their liquid staking tokens (like sAZERO) on other blockchain networks.

On a related note, Kintsu recently secured $4 million in seed funding led by Castle Island Ventures, with support from investors including Brevan Howard Digital, CMT Digital, Spartan Group, Breed VC, Arche Capital, CMS Holdings, Animoca Ventures, F-Prime Capital, Reciprocal Ventures, and LBank Labs to accelerate development.

InfStones Collaboration with Kintsu

We are equally excited to announce our latest collaboration with Kintsu! Through this collaboration, InfStones will provide our enterprise-grade infrastructure to support Kintsu on the Monad ecosystem and ensure that Kintsu's liquid staking platform can scale to handle increased transaction volumes.

You can already start liquid staking your AZERO tokens on Kintsu, and we encourage our users to take advantage of this opportunity by exploring the Kintsu ecosystem.

For additional questions or need more information, visit our contact page to get in touch with us!

About InfStones

InfStones is an advanced, enterprise-grade Platform as a Service (PaaS) blockchain infrastructure provider trusted by the top blockchain companies in the world. InfStones’ AI-based infrastructure provides developers worldwide with a rugged, powerful node management platform alongside an easy-to-use API. With over 20,000 nodes supported on over 80 blockchains, InfStones gives developers all the control they need - reliability, speed, efficiency, security, and scalability - for cross-chain DeFi, NFT, GameFi, and decentralized application development.

InfStones is trusted by the biggest blockchain companies in the world including Binance, CoinList, BitGo, OKX, Chainlink, Polygon, Harmony, and KuCoin, among a hundred other customers. InfStones is dedicated to developing the next evolution of a better world through limitless Web3 innovation.