Features

SkyStake

SkyStake is a one-stop DeFi Platform based on Ethereum Proof Of Work. Through SkyStake, Stakeget aims to promote the free convertibility of ecological high-quality digital currency of Ethereum Proof Of Work, provide liquidity for digital assets on Ethereum Proof Of Work, provide a one-stop liquidity service for more high-quality assets, provide users with more secure, reliable, diversified and cost-effective transaction experience, and provide users with innovative blockchain applications.

Goals

• Create a wide-ranging set of functionalities for user participation on the Ethereum Proof Of Work

• Have a simplified dashboard for users to quickly, safely, and successfully execute swaps, liquidity pooling, token launches, and more

• Create token launchpads for projects in order for users to get a quick start

• Create a trustless and permission-less governance-based system

• Ensure support for the Ethereum Proof Of Stake DeFi ecosystem and any projects launching on Ethereum Proof Of Work, cultivating the overall growth of DeFi on Ethereum Proof Of Work

Focuses

• Permissionless: Not needing anyone’s consent to perform an investing activity

• Trustless: Each user can function fully independently, without relying on or trusting others

• Decentralized: Not dictated by a central body’s actions on what can and can’t be done

• Community-driven: We empower our community to help each other, while also listening to their feedback and making ongoing optimizations

Features

• Swapping/Trading

  Allow you to trade without the need to complete the KYC process and worry about taxes like trade on a centralized exchange, everything is routed directly through your own wallet—no need to trust someone else with your coins

• Liquidity Pools

  You can only swap tokens on SkyStake if there is enough liquidity for those tokens. Providing liquidity will get you LP Tokens, which will earn you rewards in the form of trading fees for making sure there's always liquidity for the exchange to use

• Yield Farming

  Yield farming lets users that are providing liquidity earn rewards by locking their LP tokens into a smart contract. The incentive is to balance out the risk of impermanent loss that comes along with locking in your liquidity

• Initial Farm Offerings (IFOs) An Initial Farm Offering is an event that lets users buy into a limited-time offer to purchase new tokens. The IFO price is usually very generous