Sceptre for Flare
Sceptre Liquid Staking for Flare
Last updated
Sceptre Liquid Staking for Flare
Last updated
Sceptre Liquid Staking is Liquid Staking on the Flare network.
Sceptre Liquid Staking is a Flare liquid staking solution that tokenizes staked and delegated (w)FLR. By tokenizing (w)FLR through liquid staking, users are given the ability to use, swap, or collateralize the yield-bearing asset within Decentralized Finance applications.
It is a capital-efficient staking product that allows Flare users to:
Freely transfer locked-up capital (staked FLR) staked in validators in securing the Flare network
Gain additional utility on their yield-generating asset by utilizing it within Decentralized Finance by trading it or using it as collateral
Seamlessly stake their FLR on the Flare Contract Chain (C-Chain) with no tedious cross-chain transfers or server hosting
No protocol within the blockchain space can be considered entirely risk-free. The risks related to the protocol may potentially include Smart Contract risks and Slashing risks. The team has taken necessary steps to minimize these risks as much as possible by undergoing audits and keeping the protocol public and open-sourced.
