SharedStake

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Blockchain: Ethereum
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News

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What is SharedStake?

SharedStake — a decentralized Ethereum 2 betting solution that allows users to stake any amount of Ether while keeping their stake valuable and liquid.

Contents:

Description of the SharedStake project
Additional information about the project

SharedStake dapp

Description of the SharedStake project

The short-term goal of the Shared Stake protocol - to provide a gateway for stakers, as well as provide the opportunity to generate income, using the two main assets, created by the protocol: the Eth2 validator (vEth2) and the Shared Stake governance token (SGT). SharedStake is built to move to Ethereum 2.0 and beyond. Shared Stake users are rewarded for every block simply by holding or investing vEth2 in supported Ethereum apps like Uniswap, Sushiswap, Curve, Maker, Compound, Aave and many more.

Some features:

Firstly	vEth2 is for the highest defi compatibility. It is a profitable token that has a 1:1 price ratio with Ether. VEth2 betting is also stimulated by SGT, the Shared Stake governance token.
Secondly	Ethereum2 profits will be distributed when Eth2 is launched, but can be tracked and analyzed, using the dashboard.
Thirdly	In addition to the profit from Ethereum-2 betting, vEth2 and its use in other decentralized financial applications are further stimulated by SGT, which is used as a token to confirm participation in the Shared Stake protocol.

10% of the total bet Ether remains in the bet contract, creating a liquidity bridge between old and new users. SharedStakers can cancel their Ether bet by burning vEth2 at any time.

SGT functions as a protocol control token. The main function of SGT is the decentralized distribution of control over the protocol.SharedStake

DAO members can vote and decide which improvements should be implemented in the protocol. SIPs prioritize how to increase the profitability of SGT, how to maximize efficiency and harness the power of the protocol. As it expands, the SharedStake DAO will become the heart of the protocol, accepting contributions from everyone involved.

Additional information about the project

The SharedStake site has a separate documentation section. Also, answers to questions are available. Study them before you start betting. With RoadMap you can check the upcoming updates.

The community maintains the following social networks:

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