Trusted Node launches two vaults to kickstart its DeFi Ecosystem.
Trusted Node is delighted to announce that its users can now provide liquidity and stake the platform’s native token (TNODE) for blockchain rewards. The next-generation of blockchain platform has launched two types of vaults today 22nd November, designed for TNODE staking and yield farming opportunities.
We have launched two types of vaults fueled with high APY and our early adopters will be rewarded generously. The vaults include:
1. TNODE/BUSD Liquidity Vault
A proof of liquidity vault in which users can stake their TNODE-BUSD LP token and also receive TNODE rewards on top of trading fees received from DEXs. To participate in this pool you’re required to add liquidity to TNODE-BUSD LP pair on Pancakeswap.
2. TNODE Vault
Our TNODE Vault allows users to stake TNODE to receive more TNODE tokens.
Rewards are distributed proportionally to the users’ stake in the vault. Rewards are released at every block whereby users will be able to claim and restake their rewards to earn compounding yields.
In the next few weeks, we will launch our DAO Escrow Vault in which users will be able to lock their tokens for a fixed amount of time to receive stable rewards and also benefit from governance rights. Users of our Staking Portal will be entitled to a yield boost of their delegated assets if they stake a certain amount of TNODE in our DAO Escrow vault.
About Trusted Node
Trusted Node is creating a validator network for proof-of-stake and next-generation blockchains. It allows for professional stewardship of the network while providing yields to stakeholders who participate in the decision-making around nodes in the network infrastructure.