Every few years since the advent of Bitcoin, the cryptocurrency and blockchain industry sees a breakthrough innovation creating new subsections that promise to match the level of impact and penetration that the asset class has elsewhere in the larger financial space.
More recently, the explosion in decentralized finance (DeFi) has resulted in a more comprehensive and accessible alternative to traditional centralized banking products. But the early technology, like other early cryptocurrency solutions, is not flawless and it takes the right developer to combine an exciting idea and achieve a perfect storm break.
Tosdis.Finance could be this breakthrough and usher in a new age as DeFi-as-a-Service – in particular an innovative interaction of liquid staking and staking-as-a-service. Therefore, this new DeFi model is a completely untapped horizon and a remarkable opportunity for the crypto community.
Tosdis.Finance: connecting existing crypto via a scalable DeFi service
Computer software was a huge driver of the early success of internet brands. But ultimately, SaaS – Software-as-a-Service – dominated the old sales models and how companies access such technologies today.
DeFi started out in a similar role, but will soon be converted into a service standard by Tosdis.Finance. To achieve this, Tosdis is bringing together staking-as-a-service and liquid staking to make digital assets even more accessible to crypto users.
The new model builds a bridge between ERC-20 tokens and other blockchains for a smooth network of packaged and staked Tosdis tokens and even builds non-DeFi tokens into the larger decentralized financial ecosystem.
How Tosdis works and promotes cross-chain interoperability
The protocol enables every crypto holder to stake their preferred asset – such as Polkadot, Binance, Chainlink, Tron, Ethereum, EOS and others – via Tosdis EasyStake. The newly staked Tosdis tokens that holders will receive can be traded or used in various DeFi applications and in almost any blockchain network.
The DeFi-as-a-Service solution from Tosdis.Finance essentially transforms the entire crypto market into an interoperable decentralized infrastructure. As a result, cross-chain technology will break down the barriers between each blockchain and create a broader future for digital finance.
Tosdis EasyStake has all the problems covered, and it even offers a way to deliver smart contracts and low-cost income farming to other blockchain users in similar capacity to the many other DeFi applications described above. The earning capabilities and fluid use for PoS coins like Ethereum are all due in the first quarter of 2021.
Tosdi’s TOSDEX decentralized TosDEX exchange protocol due in the second quarter of 2021 offers the lowest fees and uses the unique liquid staking mechanism. Other DeFi applications Tosdis can replicate on any blockchain network include peer-to-peer lending, lending, and more – all without third party intervention.
For more information on Tosdis.Finance, DeFi-as-a-Service and the future of cross-chain interoperability, please visit the Tosdis.Finance website.