$NEAR
Last updated
Last updated
Liquid staking is an alternative to traditional staking: it allows users to stake any amount of NEAR and to effectively unstake their $NEAR without the requirement of waiting ~48-72hrs (4-6 epochs) before NEAR token holders get their compounded rewards.
⁃ No lockup period: staking $NEAR, the current way in NEAR Web wallet requires you to lock your tokens and to unstake them, you will have to wait for ~48-72hrs (4-6 epochs).
⁃ Receive stNEAR: that you can use for DeFi protocols like lending, borrowing, liquidity providing etc.
Staking $NEAR in NEAR Wallet stake your tokens in one single validator you pick. If you want your NEAR tokens back you required to wait ~48-64hrs (4 - 6 epochs).
In Meta Pool your tokens are delegated through a list of high performance validators and you can have your NEAR tokens back instantly in liquidity pool paying a fee. Validators Selection.
The minimum amount is 1 $NEAR, the main advantage of staking on Meta Pool is that we distribute your stake into 80+ validator nodes. This is done automatically through our staking smart contract. So, you do not have to choose which validator. Right now we do not have whitelist of validator nodes, since the NEAR Foundation process for new nodes helps filter the new service providers coming to the network. We do take into consideration the following criteria in order for Meta Pool to stake on new nodes:
Up time and performance
Percentage of NEAR rewards (yield)
Fee from the validator node, we look for validators who charge a low fee.
This is why we believe in permissionless protocols and how we incorporate it that into the Meta Pool protocol.
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There are 2 options for unstaking: you can unstake immediatly "liquid-unstake / Fast Unstake" or you can do a "Delayed-unstake".
If you do "Liquid-unstake / Fast Unstake", you swap immediately $stNEAR to $NEAR/$wNEAR paying a liquidity fee (0,3-3%), or $stAUR to $AURORA paying a liquidity fee (2%) or $mpETH to $ETH paying a liquidity fee (0.3-5%)
If you use "Delayed-unstake" option there is no fee (zero fee), but you will need to wait 2-4 days to get your $NEAR, up to 4 days to get your $AURORA and up to 9 days to get your $ETH.
In both cases, you will need a small amount of NEAR tokens to pay for transactions on the NEAR blockchain. On the Aurora and Ethereum network, you will need a small amount of ETH tokens to confirm transactions.
In Meta Pool you can stake $NEAR and/or unstake $NEAR immediately. There is no waiting time with our liquid staking solution.
A liquid unstake can be compared to a swap on DEXs.
In the future, both unstaking systems will give you mpDAO token. (This will be updated soon).
Giving liquidity in each case according to the token. For example mpDAO --> $stmpDAO.
We are already into the Aurora node, now you can see stNEAR and mpDAO token in Aurora Network and bridging assets through Rainbow Bridge between NEAR and Aurora.
We are expanding into the Ethereum Network in July 2023.
As for mpDAO token we will have to wait and see what tokenomics can work for the governance of the Meta Pool protocol.
Please, read our and section.