Building Our Universe: A Multichain Future
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Creating the liquid staking universe should be a multichain objective and any Proof of Stake (PoS) chain should ultimately benefit from Geode Finance. Geode has the potential to transform the staking ecosystem across the whole of DeFi, and limiting our scope to just one chain not only restricts our growth but it goes against our very own philosophy — unlocking yield, composability and capital efficiency across the whole of DeFi.
Within the liquid staking universe there are multiple galaxies just waiting to be explored; Ethereum & Avalanche, just to name a couple. Within each of these galaxies, there are many Planets (DAOs and protocols) that can benefit considerably using Geode’s white label staking solution. Furthermore, Geode’s product encourages a variety of new players to enter into the staking market; combating monopolization while ensuring chain decentralization remains a reality. The level of opportunity, and the potential size of our universe, is truly vast when we recognize Geode as a multichain solution.
Geode’s implementation has been discussed widely in our Medium on Ethereum’s network. Geode was born as we spent countless hours working out how we could improve its liquid staking ecosystem. However, as a multichain solution to a universal problem, our eyes have always breached the confines of the Ethereum landscape to see what other Galaxies can be explored.
Each galaxy will have its own staking infrastructure, with its own challenges and nuances, but the basic principle remains the same — allowing DAOs to have their own staking solution, to control their own funds and to make base assets yield generating as standard across its galaxy.
Voyagers, put on your space helmets, strap yourselves in, and get ready to explore & expand our universe. The big bang of our multichain universe is closer than you think.
