STAKING AS A SERVICE

Overview

Phanes Network is a community driven, decentralized finance hub and a platform offering a multichain staking as a service provider on all integrated network, allowing the platform to be at the forefront of developing products to expand the its' ecosystem.

Our Staking-As-A-Service (SAAS) protocol solves most problems that come with traditional staking and providing major advantages.

I - Minimizing or eradicating risks associated with impermanent loss (IL): one major problem hindering liquidity provision and the growth of Total Value Locked (TVL) is impermanent loss, which often results in permanent loss. The mVault protocol focuses on profit generating strategies to allow single asset staking, helping offset and minimise risks associated with IL.

II - Provision of additional utility instruments for lucrative yield: Our staking vault seeks to offer the entire degenverse an opportunity to incentivize long-term holding.

III - Decentralization: Our staking vault is transparent and decentralized without any intermediaries, meaning users are always in control of their staked assets, while they equally have the say regarding Phanes' ecosystem decision.