Asymetrix Protocol is a decentralized finance solution that brings excitement for ETH staking participants. By bringing together a large number of stakers with a substantial amount of Ethereum in a single pool, it’s possible to generate higher staking profits. These profits are then randomly distributed among the protocol’s participants, creating a more equitable and exciting reward system. Utilizing a provably fair and random distribution mechanism, Asymetrix adds an element of thrill to the staking process, as users have the opportunity to get a larger share of rewards than they would with traditional staking methods.
The team was inspired by Premium Bonds, a no-loss lottery bond issued by the United Kingdom government in 1956. The endgame is when a project’s TVL is high enough to regularly generate substantial revenue for the overall pool, it will be possible to generate a big number of rewards for more users (settings can be changed by DAO voting). Thus, the system can become a full-fledged crypto-analogue of Premium Bonds for the Ethereum ecosystem.
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
