The DeFi staking platform development space is constantly evolving, with new trends emerging all the time. Here are some of the most notable trends in DeFi staking platform development in 2023:
Liquid staking: Liquid staking platforms allow users to stake their assets while still maintaining liquidity. This is achieved by issuing users a liquid staking token (LST) in exchange for their staked assets. LSTs can then be used to interact with other DeFi protocols, such as decentralized exchanges (DEXes) and lending platforms.
Multi-chain staking: Multi-chain staking platforms allow users to stake their assets on multiple blockchain networks. This gives users more flexibility and choice when it comes to staking their assets.
Yield aggregation: Yield aggregation platforms automatically stake users' assets across different DeFi protocols to generate the highest possible yield. This can be a complex and time-consuming process to do manually, so yield aggregation platforms make it much easier for users to participate in staking.
Non-custodial staking: Non-custodial staking platforms allow users to stake their assets without having to give up custody of their assets. This is important for users who want to maintain control over their assets at all times.
Institutional staking: Institutional staking platforms are designed to meet the needs of institutional investors, such as hedge funds and venture capital firms. These platforms typically offer features such as high liquidity, risk management tools, and compliance solutions.
In addition to these trends, we are also seeing a number of new DeFi staking platforms emerge that are focused on specific niches. For example, there are now platforms that specialize in staking assets for governance purposes, staking assets to earn rewards from new DeFi projects, and staking assets to participate in decentralized autonomous organizations (DAOs).
The DeFi staking platform development space is still in its early stages, but it is growing rapidly. The trends listed above are just a few of the many ways that the space is evolving.