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Kintsu Selects InfStones to Boost Monad DeFi Ecosystem
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Kintsu Selects InfStones to Boost Monad DeFi Ecosystem
Aug 28,2024|Clients
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We are thrilled to announce our latest collaboration with Kintsu, a pioneering liquid staking protocol (LSP) built on Monad's high-performance blockchain. This collaboration marks a significant step forward in our mission to provide enterprise-grade infrastructure that supports the growth of decentralized finance (DeFi) ecosystems.

Kintsu is a next-generation liquid staking platform built on the Monad blockchain. It offers liquid staking with integrated features like swapping, pooling, farming, and trading. Users can lend and borrow using liquid-staking tokens as collateral. Beyond DeFi, Kintsu also provides developers with tools to create gaming experiences where liquid staking can be used for in-game collateral, rewards, and utility within NFT marketplaces.

Monad, known for its scalability and advanced pipelined execution, provides the perfect foundation for Kintsu's innovative staking model. To accelerate development and broaden its integrations, Kintsu has 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, which further cements Kintsu position as a new innovative project in the Monad ecosystem.

Through this collaboration, InfStones will deliver robust, enterprise-grade infrastructure to support Kintsu on the Monad ecosystem; this ensures that Kintsu's liquid staking platform can seamlessly scale to handle increased transaction volumes.

About Kintsu

Kintsu is a liquid staking protocol whose mission is to boost the GDP of Proof-of-Stake blockchains by allowing users to participate in on-chain activities while benefiting from the yield-bearing staking that secures the blockchain. Kintsu solves a number of challenges faced by Proof-of-Stake blockchains around liquidity, accessibility, and more.

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.