Liquid staking refers to the practice of placing your tokens in a liquidity pool, instead of traditional staking mechanisms. This strategy can bring several benefits to our project and to you as an investor:
- 1.Improved liquidity: By staking tokens in a liquidity pool, the project can increase the liquidity of the tokens, making it easier for you to buy and sell them. This can also attract more investors to our project.
- 2.Additional income: By staking tokens in a liquidity pool, the project can earn additional income in the form of liquidity provider (LP) rewards. This can provide a steady stream of revenue for the project, that can be reflected in the dividends paid to you through Singularities.
- 3.Cost-effective: Liquid staking can be a cost-effective way to generate income, as it does not require the same level of infrastructure and maintenance as traditional staking mechanisms.