ClayStack — the most profitable Liquid Staking platform

Mark Zilla
3 min readMay 23, 2022

Most projects say “stake our tokens and you will get more of our tokens”. This process often has a bad impact on the token economy, introducing additional tokens into the ecosystem along with selling pressure. But what if there was another option?

ClayStack

ClayStack is a cross-chain DeFi protocol designed to ensure the usefulness of any token. Thanks to an innovative set of tools, every platform now has the opportunity to create a profitable way for users to stake their assets.

ClayStack provides a simple set of building blocks that give every platform the chance to add new utilities to tokens and be connected to a larger ecosystem. For example, when users add their tokens to ClayStack smart contracts, they will still be able to directly mint an equivalent derivative token in the Ethereum blockchain.

With ClayStack, derivatives are fungible and can be used or transferred. With the support of CLAY tokens, liquidity providers are getting rewarded when they make derivatives markets liquid. ClayStack already supports a certain number of blockchains and, thus, will allow you to interact with them without any additional fees.

Also, ClayStack is absolutely transparent, because everything is done on a blockchain. There are no lock-in periods in ClayStack, which makes it possible for you to use your tokens whenever you want. And, since there is no limit, minimum or maximum, you can stake as many tokens as you want.

The ClayStack team worked hard on creating the platform and improving its user interface.

CLAY Token

The ClayStack token will play an important role in the ecosystem, providing a wide range of applications, from management to fees and more. We expect, that ClayStack token will give access to some of the most fascinating possibilities in the crypto-industry.

Community

The ClayStack community is steadily growing. Currently you can find the project on YouTube, Twitter, Telegram and Discord. The latter has a lot of activity and you can learn a lot about the community as a whole. Their expanded network includes the most popular crypto content developers with access to more than 1 million crypto users worldwide.

Advantages of ClayStack

Users can put their assets to preserve liquidity within ClayStack. Those who deposit cryptocurrency in the platform’s smart contracts will be able to receive a bonus, namely a liquid derivative token that is fungible and transferable. In addition, ClayStack offers daily incentives to its users.

What sets ClayStack apart from other platforms that offer liquid staking tied to single tokens is that it offers full cross-chain support using multiple tokens.

Conclusion

ClayStack is a promising project. The platform offers decentralized liquid staking, which has attracted the attention of large and significant investors in the crypto industry, such as CoinFund, CoinBase, Solana Ventures, Animoca Brands and others. And in March of 2022, the project finally launched its mainnet.

🔗Join

Twitter: https://twitter.com/ClayStack_HQ

Discord: https://discord.com/invite/z5npACzdfn

Telegram: https://t.me/claystack

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Mark Zilla

Crypto-enthusiast, You-Nube blogger, social media commentator, node-runner, and crypto fan.