Liquidity for Staked Tokens in Bitcoin Layer2s Ecosystem
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What StaQ solves?
As the Bitcoin ecosystem flourishes, users could stake tokens in Bitcoin L2s and enjoy profits. However, the mainnet usually put restrictions for users to reap immediate rewards.Users need to sit through long waiting time which has significantly hindered users' liquidity needs.
How StaQ solves it?
StaQ operates mainnet nodes on various Bitcoin L2s. Users only need to delegate their mainnet tokens for staking to StaQ's nodes, and StaQ will give users a mapped token on a 1:1 basis. This mapped token maintains a roughly 1:1 exchange ratio with the mainnet token in DeFi, and users can automatically earn interest income.
How to participate
STEP 1
Delegate tokens for staking in StaQ's Bitcoin L2 mainnet nodes.
STEP 2
Receive $STAQ and staking rewards.
STEP 3
Use $STAQ in various DeFi to enjoy more profits.
Deployed in the thriving Bitcoin L2 network
StaQ is deployed on various thriving Bitcoin L2s, ncluding MAP Protocol Merlin, BEVM, B Square and more, thus serving as a liquidity provider for staking across all L2s in the Bitcoin ecosystem.
Facilitates liquidity interchange through MAP Protocol
Staking tokens from different mainnets cannot provide mutual liquidity. StaQ, powered by MAP Protocol – the interoperable gateway of Bitcoin L2s, makes it possible for staking tokens from various Bitcoin L2 mainnets to achieve liquidity exchange.
StaQ with DeFi
Staking tokens on StaQ are supported by numerous Bitcoin L2 DeFi services for liquidity and profit rewards, and the list is growing.