What is Aggix Finance?

<p>Over the last year we have seen tremendous growth on Ethereum for projects within the decentralized finance ecosystem, including Uniswap, Sushiswap, Aave, Curve, Compound, Yearn, and many others.</p> <p>The Aggix Finance team believes there is an important piece of the puzzle missing on top of the existing foundation &mdash; A DeFi hub specifically for collateralized tokens, which can be Liquidity Pool tokens, vault tokens, Liquid Staking tokens, Parachain Liquid Bonding tokens, and other reward-earning tokens.</p> <p>The objective of Aggix Finance is to enable DeFi users to easily benefit from yield farming opportunities combining collateralized tokens, Farming, Staking, Lending, Stablecoins, and Yield Aggregators/Vaults</p> <h1><strong>Staking rewards and Liquid Staking</strong></h1> <p>Staking is an important function of Proof-of-Stake protocols as it contributes for the security of the network in a more energy-efficient way than Proof-of-Work protocols.</p> <p>Energy efficiency comes with a cost : capital inefficiency. Indeed, stakers are required to stake their tokens to validate transactions and earn staking rewards, without the ability to use the value of their staked tokens.</p> <p>Liquid Staking is the solution to the capital inefficiency problem of Proof-of-Stake protocols. By tokenizing the value of staked tokens, Liquid Staking enable its users to benefit from enhanced financial flexibility and benefits from:</p> <p><a href="https://medium.com/@aggggggg/what-is-aggix-finance-1f11dab2c974"><strong>Website</strong></a></p>
Tags: Finance Aggix