Blockdaemon, the leading institutional-grade blockchain infrastructure provider, has officially announced the launch of its Earn Stack solution, which is designed to help institutions generate leading earn opportunities for their customers in a secure and compliant way.
According to certain reports, the Blockdaemon Earn Stack packages together market-leading staking services for over 50 protocols, something it manages on the back of newly integrated, extensive DeFi capabilities, including access to numerous DeFi pools and bridges.
To understand the significance of such a development, we must take into account how recent guidance from the U.S. Securities and Exchange Commission (SEC), specifically on non-custodial staking solutions, has propelled businesses across the board to actively look for trusted partners in the context of staking on-chain.
Against that, Blockdaemon’s Earn Stack not only satisfies this demand of reliability, but at the same time, it also streamlines access to DeFi, leveraging its collaboration with a web3-native leader committed to the highest operational standards, including ISO 27001 certification and SOC 2 compliance.
Talk about the whole value proposition on a slightly deeper level, we begin from its ability to provide no-code widget, where Blockdaemon’s Widget makes it possible for platforms to integrate staking and DeFi in minutes with a single integration, thus providing instant access of multi-chain, multi-protocol opportunities, and that too, without the complexity of building or maintaining infrastructure.
Complementing this would be the widget’s fully customizable and scalable nature, which gives teams complete control over supported protocols, branding, and parameters, while simultaneously taking on all the heavy lifting that usually goes behind the scenes.
Next up; we have unified SDK & low latency APIs coming into play. Basically, Blockdaemon SDK treads up a long distance to simplify access of the entire API suite for staking and DeFi, facilitating deeper customization and control over the user experience.
This API suite, on its part, is understood to include DeFi Connect; which would be Blockdaemon’s stack of low latency APIs that aggregate liquidity and pricing data from leading DExs, AMMs, and cross-chain bridges. The idea here is to provide developers, traders, exchanges and institutions with consolidated access of lending, borrowing, and swap opportunities across multiple protocols through a single integration point.
Nest up, we have a staking API. The stated API arrives on the scene as well-equipped to provide standardized, intent-based basis for staking across all leading PoS protocols. Joining the mix there are Blockdaemon’s proprietary node management capabilities that allow you to deploy validators in an instant, and therefore, scale your operations.
Another API worth a mention is rooted in staking reporting. Essentially a high fidelity, epoch-level streaming API, this one empowers users to track rewards accurately. In fact, when it comes to major protocols, Blockdaemon staking reporting offers full data history that can be eventually used to track rewards on any on-chain validator and give clients a powerful accounting tool for their entire validator fleet.
Among other things, we ought to acknowledge how Blockdaemon’s Earn Stack is designed for a range of clients, including wallet providers, custodians, and fintechs, enabling each user archetype to enhance customer engagement through compliant crypto earn opportunities.
We must also touch upon the fact that this launch delivers a rather interesting follow-up to Blockdaemon’s acquisition of a leading API provider i.e. expand.network back in, further strengthening its position as a full-stack infrastructure provider in the digital asset space.
Founded in 2017, Blockdaemon’s rise up the ranks stems from bringing forth institutional-grade blockchain infrastructure spanning nodes, APIs, staking, MPC wallets and vaults. The company’s excellence in what it does can also be understood once you consider it has, thus far, secured $110B in digital assets for 400+ institutions, including exchanges, custodians, crypto platforms, and financial enterprises.
“Crypto-native institutions and protocol developers demand institutional-grade infrastructure that offers regulatory clarity, full asset control, and operational flexibility,” said Konstantin Richter, CEO and Founder of Blockdaemon. “The Earn Stack deliveKonstantin Richterrs a non-custodial platform combining high-performance staking rewards, 100% slashing protection, and seamless DeFi integration through institutional-grade APIs. Institutional clients can programmatically access Blockdaemon’s leading Ethereum and Solana staking rewards, along with DeFi opportunities across lending protocols, decentralized exchanges, and automated market makers.”