Staking is an Internet Bond Launchpad providing an easy-to-use staking experience to users, enabling DeFi to provide liquidity to staked tokens as well as connecting staking rewards to DeFi through Internet Bonds.
The goal of Ankr’s Staking is to provide everyone with simple access to attractive streams of passive income without needing advanced technical skills to run validator nodes on Proof-of-Stake networks. As such, Ankr will support DeFi projects bringing utility to Internet Bonds and enabling DeFi users to generate further passive income on top of Internet Bonds to create a new fixed income DeFi market.
What is Internet Bond?
An Internet Bond is a Digital Work Agreement between a Proof-of-Stake (PoS) network (bond issuer) and a capital provider/staker (bond holder) where the bond holder is required to stake collateral to secure the network and obtain the right to support consensus operations on the blockchain in return for staking rewards.
The bond holder has the option to validate the transactions on the network by running a node or delegate the task of validating transactions on the network to a validator in exchange for a fixed cost or percentage of the staking rewards. The bond holder must adhere to the network’s rules, which is to behave honestly and guarantee continued operations. The network participants who do not meet these rules risk penalties, confiscation of stake, and/or lose the right to participate.
