ANKR Announces A Partnership With Tenet

Twitter icon  •  Published 1 year ago  •  Hassan Maishera

The Ankr team announced via a blog post on Wednesday that it has partnered with Tenet, an innovative new layer-1 blockchain.

The Ankr team announced via a blog post on Wednesday that it has partnered with Tenet, an innovative new layer-1 blockchain. Tenet will be harnessing the power of Ankr’s liquid staking tokens along with its SDK to create an ecosystem that is shaping up to be a new hub for DeFi.

Tenet’s blockchain validators will accept a variety of assets, including liquid staking tokens, for a diversified “basket” of assets securing the network. Holders of Ankr’s liquid staking tokens like ankrETH, ankrBNB, ankrFTM, anktMATIC, and ankrAVAX will be able to stake them once again to Tenet's validators to earn additional yield and use their LSTs inside Tenet's DeFi ecosystem.

Ankr Network is building a full-stack cloud infrastructure and marketplace for container-based cloud services. Users can now stake FTM tokens on Ankr to earn ANKR tokens. ANKR is trading at $0.02655, up by 1% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.