JB Carthy

[Helios Staking 🔥 @HeliosStaking]

🧵 Welcome to another @HeliosStaking Thread.

💡 Today, we'll explore the innovative world of liquid staking and its trans-formative impact on the DeFi ecosystem, following the highly anticipated launch of @HatomProtocol on mainnet this week, and the liquid staking of $EGLD on the @MultiversX platform.

🔐 Liquid staking, enabled by @HatomProtocol on @MultiversX, offers a groundbreaking solution that bridges the gap between staked assets and DeFi liquidity. This protocol allows users to participate in staking $EGLD, the currency of the @MultiversX chain, while still retaining the flexibility to access their staked tokens for other DeFi activities.

☁️ With @MultiversX's impressive layer 1 blockchain capabilities, boasting remarkable speed, security, and scalability, liquid staking becomes even more efficient and accessible to a broader range of users.

🛡️ @HatomProtocol's DeFi Liquid staking and lending platform opens up new opportunities for users to maximise their returns. By liquid staking $EGLD, users receive $sEGLD, which they can use as on-chain liquidity in various DeFi protocols within the @MultiversX ecosystem.

💰 The benefits are twofold: Liquid stakers gain from both the staking rewards and the ability to utilise $sEGLD as on-chain liquidity, unlocking a world of possibilities within the @MultiversX DeFi ecosystem.

💻 @HatomProtocol's user-friendly interface ensures a seamless experience for users looking to liquid stake, lend, or access their assets, providing transparency and control over their investments.

🔥 Powered by the lightning transaction times and security of @MultiversX, @HatomProtocol delivers an efficient and reliable DeFi platform, attracting both experienced users and newcomers to the space.

📈 As participants engage in liquid staking through @HatomProtocol, they receive $sEGLD representing their liquid staked assets. These tokens can then be used across various DeFi applications within the @MultiversX ecosystem.

🌐 The @HeliosStaking team is thrilled to witness the launch and growth of @HatomProtocol, a solution that aligns perfectly with our mission of empowering users and driving innovation in the DeFi landscape.

💡 The introduction of liquid staking with @HatomProtocol is a pivotal step in bringing liquidity and flexibility to staked assets, making DeFi more inclusive and dynamic for all.

🚀 Together with @MultiversX and @HatomProtocol, we are excited to contribute to the ongoing development and accessibility of DeFi solutions, by making our validator nodes available to contribute to Phase 1 of the @HatomProtocol Liquid Staking program.

🔐 There is already an astonishing $90m in TVL between lending and staking on @HatomProtocol’s groundbreaking platform. This has sky rocketed the entire #MultiversX ecosystem TVL that much needed.

🔥 Today’s public sale of the $HTM token marks another pivotal step in the growth of the @MultiversX ecosystem and we are excited for what the future holds for DeFi #BuiltOnMultiversX

🥩 Tomorrow $HTM metastaking goes live on the flagship #MultiversX DEX @xExchangeApp and $EGLD/ $HTM stakers will have the opportunity to earn from 3 streams - LP fees, $XMEX Farms and $HTM metastaking rewards.