ChainCatcher news, the Solana liquid staking protocol Marinade has hired former president of Fidelity Digital Assets, Hadley Stern, as Chief Business Officer. Hadley Stern will be responsible for enhancing Marinade's staking solutions and its position in the digital asset industry.

ChainCatcher news, the liquid staking protocol Kintsu has completed a $4 million financing round, led by Castle Island Ventures. Brevan Howard Digital, CMT Digital, Spartan Group, Breed VC, CMS Holdings, Animoca Ventures, and angel investors Alex Matthews and Ross Trachtman from Brevan Howard Digital, Marin Tvrdic from Lido, and Robinson Burkey from Wormhole Foundation also participated.Kintsu is a liquid staking protocol founded by Novenstern last year, who previously served as the strategic lead for the decentralized exchange Pangolin on the Avalanche blockchain.Additionally, Kintsu's sMONAD liquid staking token will be launched in the first week after Monad's release. The Monad mainnet is expected to launch sometime this year.

ChainCatcher news, the Berachain ecosystem liquidity staking protocol Infrared Finance has raised an undisclosed amount of funding from Binance Labs.It is reported that this investment is for a private token round. Infrared's co-founder and CEO Raito Bear declined to comment on the total amount of funding raised so far and the valuation.

ChainCatcher news, according to the official documentation of Zeus Network, the new landing page (UI/UX) for the first permissionless cross-chain liquid staking protocol APOLLO built on Zeus Network will be launched on April 20. The highlight of this update is the introduction of a rewards calculator.It is reported that since its establishment in late March 2024, APOLLO has successfully interacted with over 77,000 independent users.

ChainCatcher news, the liquid staking protocol StaFi announced its roadmap for Q2 2024. StaFi 2.0 will introduce the LSaaS framework, enabling developers to quickly develop Liquid Stake Derivatives (LSD) and Liquid ReStake Tokens (LRT) across various Layer 1 and Layer 2 platforms and staking models.It is reported that FIS previously announced a rebranding, and the FIS token will be renamed, including a new name and logo. The team's focus will be on advancing LSaaS (including LSD, LRT, and even Bitcoin LSD stack), StaFi AI, and product integration. The token listing platforms will also be updated to reflect the new brand. In terms of tokenomics, FIS will introduce a burn mechanism and add new utilities.

ChainCatcher news, the liquid staking protocol ether.fi on platform X stated that it will allocate approximately 40% of the tokens to the community, primarily in the form of community distribution, grants, and emissions.

ChainCatcher message, the dYdX Chain has been upgraded to version v3.0 and introduced cross-chain account functionality, allowing the Cosmos-based dYdX Chain to support the integration of liquid staking protocols. This initiative enables users to convert their staked DYDX into liquid assets that can be traded or used in DeFi applications while continuing to stake and protect the dYdX Chain.Stride plans to start offering liquid staking services for dYdX today, and two other liquid staking providers, Persistence and Quicksilver, also plan to offer this service in the near future.

ChainCatcher news, Cronos's liquid staking protocol Veno Finance has announced its launch on zkSync Era. When zkSync Era users natively stake ETH, they will receive an equivalent amount of LETH tokens and can also earn additional yields using its DeFi protocol.It is reported that Veno Finance is a liquid staking protocol on the Cronos chain, recently launched on zkSync Era, aiming to achieve cost savings by leveraging its own node infrastructure and/or partner node infrastructure. Veno enables its users to stake their $CRO, $ATOM, or $ETH, and receive automatically compounded, yield-generating receipt tokens $LCRO, $LATOM, or $LETH on each chain respectively.

ChainCatcher news, Sui will inject 25 million SUI into 3 liquid staking protocols and their respective liquid staking tokens (LST) to increase liquidity in the DeFi space.It is reported that the selected LSTs accepting token delegation are from the winners of the Sui Liquid Stake hackathon held from August 16 to October 2, 2023, namely afSUI from Aftermath Finance, haSUI from Haedal Protocol, and vSUI from Volo.

ChainCatcher news, according to official sources, the Cosmos ecosystem liquid staking protocol Stride has announced that in the coming weeks, Stride plans to launch stDYDX and will airdrop 250,000 STRD to users who liquid stake DYDX in the first two months.It is reported that when users mint stDYDX, their DYDX will be stored on the dYdX Chain, and the accumulated USDC staking rewards will automatically be transferred via IBC to Osmosis and exchanged for DYDX, ensuring that the value of stDYDX appreciates relative to DYDX.In addition, users must hold stDYDX for at least 31 days to be eligible for the airdrop.

ChainCatcher news, the liquid staking protocol StakeWise has launched version V3, which offers a staking pool market called Vaults, allowing users to customize their staking mechanisms, such as staking with specific operators under customized terms or engaging in self-custody staking. Regardless of the staking model users choose, they can receive osETH tokens representing staked Ethereum.

ChainCatcher news, the non-custodial liquid staking platform Ether.Fi has completed a $5.3 million financing round, led by North Island Ventures, Chapter One, and Node Capital, with participation from BitMex founder Arthur Hayes.It is reported that Ether.Fi allows users to maintain control over their keys while delegating the operation of Ethereum validators to node operators. Each validator generated through its protocol will be represented as an NFT, which can be split once the liquid funding pool and protocol fund management smart contracts are implemented.The Ether.Fi team stated that their goal is to stake 100,000 ETH by mid-2023. The protocol is set to launch on March 4 at ETHDenver. (Coindesk)

ChainCatcher news, the liquidity staking protocol stake.link for Chainlink 2.0 has announced the launch of the LINK staking pool. Currently, the protocol has staked 169,000 LINK.According to previous reports, the decentralized oracle network Chainlink officially announced that its staking v0.1 test version is scheduled to go live on the Ethereum mainnet at 13:00 Beijing time on December 7. Addresses that meet the criteria for early access to the test version will be able to stake up to 7,000 LINK in the v0.1 staking pool.In addition, the v0.1 staking pool will be open to all regular users at 13:00 Beijing time on December 9, with a staking limit of 7,000 LINK per address and a total pool cap of 25 million LINK. (source link)