Elrond

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Elrond

Elrond to offer Yield Stake Farming for eGLD via RAMP DeFi We’re excited to announce that stake farming for the Elrond Proof of Stake economy participants will be made available via RAMP DEFI. The startup will offer Elrond Validators the chance to borrow against their staked collateral and use the liquidity to participate in DeFi opportunities. This collaboration is important for the participants in the Elrond PoS economy because it reduces the cost for engaging with new DeFi opportunities, by enabling them to leverage their staked assets. This will have a positive impact on the amount of eGLD locked into staking, which will increase network security and strengthen the token economy. 👉🏻 Read more: elrond.com/blog/elrond-to-offer-yield-stake-farming-for-egld-via-ramp-defi