over budget
Improved Staking & ADA derivatives
Current Project Status
Unfunded
Amount
Received
Received
$0
Amount
Requested
Requested
$6,400
Percentage
Received
Received
0.00%
Solution
Develop a DeFi protocol that is going to allow users to earn consistent and competitive staking rewards regardless of what pool they delegate to via a token that derives its value from staked ADA.
Problem
Low active stake pools provide ~30% fewer yields to delegators than those with a higher active stake, making the barrier of entry for new SPOs insurmountable and consequently centralizing the network.
Impact / Alignment
Feasibility
Auditability
Team
Team Connections