Ankr proposes to the dYdX community the listing of ankrETH.
ankrETH is a form of ETH Liquid Staking from Ankr Staking that offers instant liquidity for your staked ETH, enabling you to connect your ankrETH tokens with DeFi platforms and earn several more layers of rewards.
Ankr is a leader in RPC nodes with projects like Aave, 1inch and SushiSwap as clients and also offers Liquid Staking across multiple chains.
• Website: https://www.ankr.com/ 2
• Documentation: Ankr Staking – Ankr
• Github Page : Ankr · GitHub
• Twitter: https://twitter.com/ankr https://twitter.com/ankrstaking 1
• Reddit: Reddit - Dive into anything
• Telegram: Contact @ankrnetwork
Ethereum Liquid Staking as provided by Ankr Staking offers instant liquidity for your staked ETH, enabling you to connect your ankrETH tokens with DeFi platforms and earn several more layers of rewards.
ankrETH is a reward-bearing token, meaning that the fair value of 1 ankrETH token vs. ETH increases over time as staking rewards accumulate.
We believe that this can create an additional use case for ankrETH Liquid Staking where users can leverage and hedge against potential depegs of ankrETH and facilitate arbitrage opportunities.