Stakely.io launches its new Staking Insurance Program

Stakely
2 min readAug 25, 2021

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Always at the forefront, Stakely has decided to offer its users a staking insurance program that will allow them to stake with total security from its platform.

In the crypto ecosystem, there are many advantages that users can obtain by staking their tokens. However, some people doubt whether it is safe to delegate large amounts of stake to third parties. For this reason, Stakely has designed an insurance program capable of covering users, protecting their stake and offering them the best staking experience.

What is the Staking Insurance Program?

Stakely, in its role of node operator of a large set of blockchains, has a sophisticated system of alerts, monitoring and an active staff ready to prevent negative events such as slashing.

Today, it has decided to go a step further and launch its new Staking Insurance Program. In addition, to maintain maximum transparency with its users, they will have the possibility to monitor the funds allocated to the insurance program through the Ethereum wallet, to which a percentage of the commissions generated each month will be allocated in a stable currency, such as DAI, USDC or USDT.

The corresponding amount will be deposited in a DeFi product to increase its value over time and cover the greatest of the capital amount. This DeFi product will initially be for one year and is subject to change at any time by Stakely to improve profitability.

Are you up for staking without risks? Don’t miss any detail about the new Staking Insurance Program offered by Stakely and stake your tokens, leaving them in the best hands.

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Stakely

Cryptocurrency staking platform that allows users and businesses to earn rewards on their holdings for a selected set of high quality supported blockchains.