HashKey Cloud has announced a new partnership with Kintsu, an advanced liquid node validation infrastructure on the Monad Network. This collaboration will enhance the performance and security of Kintsu’s protocol, benefiting users across the Monad ecosystem. Kintsu focuses on liquid node validation or Proof-of-Stake (PoS) blockchains. It enables users to decentralize their assets to node operators but retain liquidity, hence the highest engagement in DeFi. Unlike PoS node validation, which usually halves the tokens and limits the user’s ability to engage in on-chain activities, Kintsu provides the option to stake and farm at the same time. This distinct approach seeks to give users staking capabilities without sacrificing liquidity; it signifies an enhancement in network defense and
Topics:
Bilal Hassan considers the following as important: Blockchain Infrastructure, News
This could be interesting, too:
Temitope Olatunji writes X Empire Unveils ‘Chill Phase’ Update: Community to Benefit from Expanded Tokenomics
Bhushan Akolkar writes Cardano Investors Continue to Be Hopeful despite 11% ADA Price Drop
Bena Ilyas writes Stablecoin Transactions Constitute 43% of Sub-Saharan Africa’s Volume
Chimamanda U. Martha writes Crypto Exchange ADEX Teams Up with Unizen to Enhance Trading Experience for Users
HashKey Cloud has announced a new partnership with Kintsu, an advanced liquid node validation infrastructure on the Monad Network. This collaboration will enhance the performance and security of Kintsu’s protocol, benefiting users across the Monad ecosystem.
Kintsu focuses on liquid node validation or Proof-of-Stake (PoS) blockchains. It enables users to decentralize their assets to node operators but retain liquidity, hence the highest engagement in DeFi. Unlike PoS node validation, which usually halves the tokens and limits the user’s ability to engage in on-chain activities, Kintsu provides the option to stake and farm at the same time. This distinct approach seeks to give users staking capabilities without sacrificing liquidity; it signifies an enhancement in network defense and economic value propositions.
New Collaboration Aims to Enhance Liquidity Solutions on Monad Network
Several strategic advantages can be expected from the new partnership between HashKey Cloud and Kintsu. As for HashKey Cloud, the company will offer infrastructure services to assist Kintsu in its liquid node validation protocol. Implementing the strategies mentioned in the section above will improve the security, dependability, and performance of the Monad Network. HashKey Cloud’s state-of-the-art architecture provides high reliability and security, essential for users to trust and for the Monad Network’s stability.
Moreover, HashKey Cloud will provide flexible solutions that enable Kintsu to handle higher transaction volumes and cater to growing users. This scalability is essential for achieving high efficiency and accommodating the ever-increasing DeFi space on Monad.
As a result of this strategic partnership, HashKey Cloud and Kintsu hope to provide enhanced liquidity solutions to Monad Network users. Integrating the liquid node validation services will allow users to participate in other DeFi activities as they continue to receive rewards on node validation. This twofold utility is expected to increase the intensity and frequency of users proposing solutions to the Monad community and enrich their offerings.
Lastly, the collaboration between HashKey Cloud and Kintsu can be considered the progressive step in liquid node validation. With HashKey Cloud’s support, Kintsu has a powerful platform to advance efficiency and safety within the blockchain and spins a brighter future for blockchain and its customs.