Ankr has just launched a series of Staking software development kit (SDKs) that allow blockchain developers to incorporate liquid staking solutions in projects. This is a significant development as the new line of SDKs joins Ankr’s existing SDKs. Ankr’s current SDKs allow users to stake cryptos on five leading blockchains; Polygon, Ethereum, BNB chian, Fantom, and Avalance.
The staking SDKs allow developers to increase the utility of their projects, allowing users to stake their tokens and earn rewards. Users can then receive a liquid staking token, which could increase their overall yield and access to Web3 services. To access the new functionality, users should connect their wallets and choose the tokens they want to stake to receive daily rewards.
Our SDKs enable easy earning solutions for all dApps, games, and every other web3 use case. This is something that will increase TVL not just for Ankr Staking, but for all the Proof-of-Stake chains we support.”
said Greg Gopman, Ankr’s Chief Marketing Officer.
There are two methods through which projects can integrate Ankr’s staking functionality; RESTful-like APIs and Smart contract APIs. The SDKs increase the speed at which developers can integrate staking into projects built with TypeScript and JavaScript. They also allow other projects to directly integrate smart contracts APIs.
Ankr has extensively tested the SDKs and undergone thorough security audits. The SDKs have already attracted liev users on other projects such as the Helios Protocol, Sikka Protocol, and Clover Finance.
The new staking solutions can be integrated into any project via the backend to give communities a custom front-end experience that caters to their users’ needs. The staking solution connects to Ankr on the backend, delegating tokens to the most reliable validators. The project then mints new liquid staking tokens that stakers can claim.
Stakers can collect rewards and can provide them to DeFi platforms to expand their earnings when they receive liquid stakes.
- Automated yield farming rewards from vaults
- Staking rewards on farmed tokens
- Enhanced trading opportunities to exit staking any time
- Liquidity mining opportunities
- Farming rewards for Liquidity Providers
Depending on their agreement with Ankr, developers may share their staking fee, and the revenue that comes with Ankr staking will be divided and shared with ANKR token stakers from August. Ankr works In the background to ensure the use of dApps, crypto games, and wallets are possible by linking them to the blockchain they need to connect with.