Every few years since the advent of Bitcoin, the cryptocurrency and blockchain industry is seeing a breakthrough innovation creating new sub-divisions that promise to reach the level of impact and penetration the asset class has elsewhere in the greater financial space.
Recently, the explosion of decentralized finance (DeFi) has resulted in a more inclusive, highly accessible alternative to traditional, centralized banking products. But the early technology, like other early cryptocurrency solutions, isn’t flawless, and it takes the right developer to combine an exciting idea to create a perfect storm breakthrough.
Tosdis.Finance could be that breakthrough and usher in a new era as DeFi-as-a-service – specifically an innovative interaction of Liquid Staking and Staking-as-a-Service. This is why this new DeFi model is a completely untapped horizon and a remarkable opportunity for the crypto community.
Tosdis.Finance: Connecting existing cryptocurrencies through a scalable DeFi service
Computer software was a huge driver behind the early success of internet brands. But in the end, SaaS – Software-as-a-Service – dominated the old distribution models and that’s how companies today gain access to such technology.
DeFi started in a similar capacity, but will soon be turned into a service standard by Tosdis.Finance. To achieve this, Tosdis is bringing together Staking-as-a-Service and Liquid Staking to make digital assets even more accessible to crypto users.
The new model builds a bridge between ERC-20 tokens and other blockchains for a friction-free network of wrapped and deployed Tosdis tokens, building even non-DeFi tokens into the larger decentralized financial ecosystem.
How Tosdis works and will stimulate interoperability between chains
The protocol allows any crypto holder to stake their favorite assets – such as Polkadot, Binance, Chainlink, Tron, Ethereum, EOS and others – via Tosdis EasyStake. The newly deployed Tosdis tokens that the holders receive can be traded or used in various DeFi applications and on almost any blockchain network.
Tosdis.Finance’s DeFi-as-a-service solution essentially turns the entire crypto market into one interoperable decentralized infrastructure. As a result, the cross-chain technology will break the barriers between each blockchain and build a more inclusive future of digital finance.
Tosdis’ EasyStake has all the concerns covered, even providing a way to deploy smart contracts and revenue farming at low prices to other blockchain users in a similar capacity to the many other DeFi applications described above. Farming capability yield and liquid staking for PoS coins such as Ethereum are all scheduled in Q1 2021.
The Tosdis TOSDEX decentralized swap protocol expected in the second quarter of 2021 offers the lowest rates anywhere and uses the unique liquid staking mechanism. Other DeFi applications that Tosdis can replicate over any blockchain network include peer-to-peer borrowing, borrowing, and more – all without the intervention of a third party.
To learn more about Tosdis.Finance, DeFi-as-a-Service and the future of cross-chain interoperability check out the Tosdis.Finance website.