Try Quests to earn NEARMeta Pool: Liquid Staking
Let's delve into the liquidity staking engine running on the Near blockchain!
Meta Pool:
Meta Pool is the first liquid staking solution on the Near Protocol blockchain. This means it allows NEAR token holders to earn staking rewards while keeping their tokens liquid and usable in various DeFi protocols.
How does it work?
Users stake their $NEAR tokens with Meta Pool and receive $stNEAR tokens in return. $stNEAR represents a user's share of the total staked $NEAR in the pool. The pool distributes the staked $NEAR across multiple validators for security and decentralization. $stNEAR automatically updates its value based on $NEAR staking rewards.
Additional Info:
Meta Pool also has a governance token ($META) that allows holders to participate in decision-making through a Decentralized Autonomous Organization (DAO). The project is actively expanding its services, recently launching on Aurora and Ethereum blockchains.
