LinkDao
Reinventing network rewards
Last updated
Reinventing network rewards
Last updated
linkdao.network is a DeFi's, Cross-Chain Liquidity enabler network that allows its users to earn compound interest on their crypto holdings.
Through a set of investment strategies secured and enforced by smart contracts, LinkDao network automatically maximizes the user rewards from various liquidity pools (LPs), automated market making (AMM) projects, and other yield farming opportunities in the DeFi ecosystem.
The main product offered by LinkDao network are the 'Vaults' in which you stake your crypto tokens. The investment strategy tied to the specific vault will automatically increase your deposited token amount by compounding arbitrary yield farm reward tokens back into your initially deposited asset. Despite the name 'Vault' suggests, your funds are never locked in any vault on LinkDao network: you can always withdraw at any moment in time.
DeFi applications are unique in the sense that they are permission less and trustless, meaning that anyone with a supported wallet can interact with them without the need for a trusted middleman. While you have funds staked in a vault, you remain 100% in control of your crypto.
$LKD tokens are 'dividend-eligible' revenue shares in LinkDao network, through which holders earn profits generated by LinkDao network and are entitled to vote on important platform decisions.
For all the vaults deployed on every blockchain, LinkDao network has its native governance token $LKD at its core. Platform revenue is generated from a small percentage of all the vault profits and distributed back to those who stake $LKD.
The revenue sharing mechanics entail you can stake $LKD to either earn more $LKD in a LKD Vault, or earn $ETH, $BNB, $FTM, $MATIC, $AVAX, $HT, $ONE, $CELO or $MOVR in the native staking pools.
