Crypto Staking in its Ultimate Version
About Cold Staking
The Cold Staking, first introduced by Callisto Network, began as a simple yet revolutionary concept: allowing coin holders to earn passive income securely.
Launched in 2018, Cold Staking has evolved from its initial version to the more sophisticated V2, offering more flexibility and increased rewards for the passive income model. Following this, SOY Finance has released what will be the ultimate version of Cold Staking.
This final version aims to encapsulate the essence of Cold Staking and adapt it to the needs of the DeFi community.
Moonlight on Decentralized Finance
Taking into consideration the community feedback, SOY Finance incorporated several enhancements into the Cold Staking V2: flexible staking periods, ranging from a week to a year, and an enhanced reward scheme.
SOY Finance’s Cold Staking is designed for both short-term users seeking quick rewards and long-term investors looking for compounded growth.
But why are developers so interested in Cold Staking? After 5 years of existence, the protocol, which has been used by tens of thousands of people, staking up to 40% of Callisto Network coins (CLOs), has been improved two times, and all this without ever having been hacked!
The final evolution of the Cold Staking protocol, also known as the “Moonlight protocol” is poised to attract a broader audience to DeFi, satisfying the market’s call for greater flexibility without compromising the potential for lucrative returns.
The DeFi Ice Age
The vision of Yuriy Kharytoshyn was clear: to create a passive income solution that meets the current DeFi market’s demands and anticipates future needs. The maestro behind the Cold Staking V2, has once again demonstrated his prowess with the launch of SOY Finance’s Cold Staking.
His forward-thinking mind has established a new benchmark for DeFi applications, and the SOY Finance community’s response to Cold Staking V3 has been overwhelmingly positive, signaling a collective approval of Yuriy’s innovative approach.
The Colder Callistonian
It was inevitable; between the hands of Ukraine-born Yuriy Kharytoshyn, the Cold Staking protocol turned colder than cold, enhancing the protocol not once but twice.
As we anticipate future developments, one thing is clear: the man from the East has much more to contribute to the crypto ecosystem; it’s inevitable.
Stay tuned for the next chapter.
Callisto Network (CLO) is available on Gate.io, 1inch, and SOY Finance (DeFi).
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Disclaimer: This article is a contribution from a member of the Callisto Network community. The views and opinions expressed in this piece are those of the author and do not necessarily reflect the official policy or position of Callisto Network.
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