Xandeum Liquid Staking Program Hits $8M Milestone with Industry Leading APY

Quick Summary:

With its liquid staking program, Solana storage scaling solution Xandeum has achieved a new milestone.

With Xandeum’s industry-leading APY of over 15%, more than 30K SOL, valued at over $8M, are now staked via the platform, and TVL is growing quickly.

By fairly apportioning MEV and block rewards between stakers and validators, we’ve shown that it’s possible to pioneer an equitable system in which everyone prospers while contributing to the security and decentralization of the Solana ecosystem.

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Article Details

Author / Journalist: Nayazunissa

Category: Crypto

Markets: United Arab Emirates

Topics: Blockchain Blockchain News Web3

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 09:53:43 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 520 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23737134

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 41 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

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Publisher ID: #125

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