DappRadar platform launched cross-chain staking of RADAR tokens
According to the company’s representatives, users will receive the same annual interest rate for their assets across all blockchains
![DappRadar platform launched cross-chain staking of RADAR tokens](https://storage.getblock.net/source/1/JhXRCykuzNbQA3TjFiblJNX6aZJeKM7u.webp)
01.07.2022 - 14:25
211
1 min
0
What’s new? DappRadar, an aggregator platform, has launched a cross-chain staking mechanism for the native tokens RADAR. According to the company’s representatives, this will reduce fees and receive the same annual interest rate for assets across all blockchains. The technology is implemented in partnership with the LayerZero protocol.
What else does the blog say? The technology also ensures that investors will not be limited to Ethereum Virtual Machine (EVM) compatible blockchains. Instead, cross-chain staking will be available on every network where the RADAR token is launched.
As of July 1, 13:30 UTC, the asset is trading at $0,05, down by 1,8% per day, according to CoinGecko.
DappRadar is an analytics service that provides data on decentralized applications (dApps), DeFi protocols, NFTs, and blockchain games. The platform collects data on 27 blockchains, including Ethereum, EOS, TRON, IOST, Loom, Ontology, and ThunderCore. The RADAR token was launched in December 2021.
Useful material?
Market
Australia’s largest financial institutions have refused to process payments to digital asset trading platforms due to the risk of fraud
Jul 26, 2024
Politics
According to the politician, the value of the country’s bitcoin reserves should equal the value of gold reserves
Jul 26, 2024
Mining
The capacity of the Bitaxe device used by the network participant is only 500 Gh/s
Jul 25, 2024
Trends
Meanwhile, Trump-inspired assets have not shown significant growth
Jul 22, 2024
Market
The fee will be as much as 2,5% compared to 0,25-0,19% for competitors
Jul 18, 2024
Market
This is the third consecutive month of decline
Jul 18, 2024