Meta Pool Deploys a Liquid Staking Token on the Internet Computer Protocol Blockchain

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Launch of Liquid Staking Token
  2. Meta Pool's Mission
  3. Functions and Integrations of stICP


    4. Meta Pool, a liquid staking platform, has announced the launch of a new staking token stICP on the Internet Computer Protocol blockchain, allowing users to more effectively utilize DeFi platforms.

    Launch of Liquid Staking Token

    Meta Pool has announced the deployment of a canister on the Internet Computer Protocol blockchain to add more utility for the ICP token and support Decentralized Finance (DeFi) platforms. The new token stICP allows users to deposit their ICP tokens into the service and mint stICP, enabling them to accrue rewards from the governance system. This is facilitated by chain-key cryptography.

    Meta Pool's Mission

    Meta Pool aims to provide early exposure of the liquid staking service to the ICP ecosystem in regions such as Africa, Latin America and Southeast Asia. Operating under a Decentralized Autonomous Organization (DAO) structure, the organization recognizes the importance of expanding DeFi to a broader audience for massive crypto adoption.

    Our goal is supporting the ICP ecosystem through DeFi protocols, in our case with a liquid staking token representing the rewards generated by an auto compounding digital savings account in the form of stICP. We want to explore the full capacity of the Internet Computer Protocol.Lucio Tato, Meta Pool Co-founder

    Functions and Integrations of stICP

    The new stICP token allows users to earn staking rewards without locking assets or maintaining staking infrastructure. ICP users can stake tokens and receive tradable liquid tokens in return, allowing for more exposure to DeFi protocols being built on the Internet Computer Protocol blockchain.

    The addition of stICP to the Meta Pool platform opens new opportunities for ICP users and contributes to the development of DeFi on the Internet Computer Protocol blockchain. With the launch of the new token, increased participation in voting and reward generation for DAO participants is expected.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Birdeye Unveils Peak, a New Terminal for Institutional Crypto Research

Birdeye has launched Peak, a new terminal aimed at institutional crypto researchers, consolidating various data and analysis services into one professional workspace.

user avatarMaya Lundqvist

Google Implements New Advertising Policy for Crypto Providers in UAE

Google has announced new licensing and certification requirements for crypto exchanges and software wallet providers targeting customers in the United Arab Emirates.

user avatarLeo van der Veen

Meta's Board Approves New Class of Nonvoting Stock

Meta's board has approved the creation of Class C nonvoting shares to be distributed to existing Class A and Class B shareholders, effective January 19, 2027.

user avatarLi Weicheng

Meta's Financial Strategy Ensures Founder Control

Meta's financial strategy includes plans to potentially raise hundreds of billions in equity while ensuring Mark Zuckerberg retains control over the company.

user avatarAisha Farooq

BitGo Introduces BitGo Labs to Innovate in AI and Cryptocurrency

BitGo has launched BitGo Labs to develop AI-integrated applications for its digital asset infrastructure, starting with the Gokubu app.

user avatarTenzin Dorje

TRON Solidifies Its Position as a Leading Blockchain Network for Stablecoin Settlement

In Q3 2026, TRON reinforced its position as a leading blockchain network for stablecoin settlement, achieving trillions in transaction volume and a record supply of USDT.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.