Note:
If the demo video above isn't displaying, please find a link to it on the GitHub repo that accompanies this project.
What is it?
Glide is a liquid staking protocol on the Aeternity Network that's built for individuals who want to maximize their holdings and supercharge their earnings. It is a platform that allows for automatic staking rewards with no lock-up periods.
With Glide, you can stake your crypto assets for attractive APY and automatically compound staking rewards as GLD tokens (pegged 1:1 to your staked assets). Additionally, you can swap your earned GLD for the original crypto asset you staked without any need for withdrawal periods!
Features
1. Staking
Stake your crypto (either Æ or test AEX-9s from our faucet) through Glide and start earning rewards (as GLDs proportional to your staked amount, at no extra effort. Beyond the potential appreciation of staked asset, you will also passively earn staking rewards (as a result of your stake, you share in the protocol's revenue as well as any other rewards).
2. Swapping
At any time, you can swap your GLDs back for your original deposited asset. Easy-peasy!
3. Providing Liquidity
Since GLD tokens are AEX-9-based derivatives, you can put these earned tokens to further use by providing liquidity to some pools on Glide (such as the Æ/GLD pool). Proportional to your added liquidity, you will receive an amount of liquidity pool tokens (GLP). You can also choose to remove said liquidity at any time.
Since Glide employs a StableSwap AMM (partially based on Curve.fi), we offer higher efficiency and lesser price slippage during swapping.
4. Yield Farming -- Æ yield
With the liquidity pool tokens (GLP) you've received, you can also put these tokens to further use with yield farming on Glide. By farming your GLP tokens, you automatically earn extra GLD and Æ yield. At any time, you can withdraw by "Harvesting" your farm.
What's Next?
We hope to develop Glide further. We have in our roadmap plans to support more assets (currently limited to GLD and some AEX-9s from our faucet) and chains (like Ethereum, Binance, Tron etc). We also plan to add more features that make interacting with earned GLP yield and other assets on the Aeternity Network easier.
Our eventual goal is to expand Glide into a fully-fledged ecosystem with attractive rewards and added flexibility, to allow crypto investors to expand their opportunities and supercharge their earnings!
Built With
- aeternity
- angular.js
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