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0x nodes Launches new Platform to Simplify User Experience

0x nodes Launches new Platform to Simplify User Experience

Last updated 29th Jun 2022
Disclosure
  • 0x_nodes protocol was built as a simple entry point into liquidity mining for new and advanced crypto users
  • Users stake native assets of the protocol’s supported blockchains to earn native asset rewards

0x_nodes, the liquidity platform for easily generating high APY returns across any blockchain (even those you don’t own any assets on) with minimal gas fees, announced the launch of its new and improved platform that further simplifies the experience for users, Bankless Times learned from a press release.

Simpler Protocols, Optimal Security

The 0x_nodes protocol, built as a simple entry point into liquidity mining for new and advanced crypto users, delivers the same high-level APYs, with much more simplified protocols and optimal security.

Liquidity mining is essential for providing liquidity to the DeFi environment, allowing even newbie crypto investors to gain high-yield, passive income.

On 0x_nodes, users stake native assets of the protocol’s supported blockchains to earn native asset rewards. Users employ 0x_nodes’ build-your-own-strategy approach to choose from various investment strategies to stake their assets.

The system then deploys user funds to the underlying investment strategies in batches, resulting in cost savings.

The founder of 0x_nodes, who goes by the pseudonym owl, said:

0x_nodes is ideal for creating an interest-bearing portfolio where the APY% is represented in base assets (that is, without conversion to USD), eliminates the temporary “impermanent” loss, and allows for additional yield to be generated. We make it easy to maximize returns ​​so portfolios can balance out in response to market movements, therefore cutting loss.

Sustainable Yields Through Novel Pooling Tech

The protocol provides sustainable yields through its innovative auto pooling technology that finds and distributes liquidity according to its highest performance.

The protocol periodically distributes rewards back to the users as claimable native assets and provides users with the option of automatically reinvesting yield. Users can also stake the $BIOS token to earn rewards in the form of native assets across six different blockchains.

Yield-bearing Synthetic Assets With top APY

0x_nodes aims to be the Bloomberg terminal of DeFi, by offering an easy-to-use platform for managing yield-bearing synthetic assets with high-performing APY while also having liquid markets.

0x_nodes makes it easy to manage multiple accounts across chains, allowing users to build derivative financial instruments. The ultimate goal is to enable 0x_nodes users to aggregate available yield from numerous sources while mitigating and offloading risk.

10+ DEX Integrations, Deployment on 6 Blockchains

0x_nodes’ technology is a set of modularized smart contracts that allow rapid development and easy deployment of new features, allowing the protocol to adapt to market conditions.

The protocol supports over ten DEX integrations and is deployed on six blockchains with their own cross-chain relayer. 0x_nodes encourages users to leverage its open source community, open-source development, easy integration, and upgrades of its underlying technology.

0x_nodes also offers partnerships through chain launches and deep multi-protocol integration, making liquidity easy without compromising security.

Decades of Collective Experience

Built by a team of entrepreneurs who have worked in traditional technology, web, and internet technologies for 10-20+ years, 0x_nodes is upgrading the standard for liquidity mining protocols and will soon offer cross-chain yield aggregation and cross-chain portfolio viewing.

Daniela Kirova

Daniela Kirova

Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.