Node Cluster within Streakk Wallet
We’ve integrated a Node cluster within the Streakk wallet to make earning interest on your crypto easier than ever.
Simply hold crypto in the Streakk Wallet and our AI-powered algorithm automatically delegates it to the Validator offering the best staking rewards. In the event that crypto is delegated to a Validator which goes down – or if another Validator offers higher returns, the crypto will be automatically delegated to lucrative Validator.
Smart Liquidity Solution (SLS)
Each POS blockchain network has different rules regarding lock-up periods. During this period, a user’s tokens are locked up in a smart contract on the blockchain, preventing them access to their staked assets. This creates a new scenario called lock-up risk, which refers to the opportunity cost of users not being able to reallocate or liquidate their assets in line with changes in the crypto market. The ability for the user to stake their crypto assets without a lockup period would be a way to mitigate lock-up risk. This is where Streakk’s Smart Liquidity Solution (SLS) comes into play.
Streakk’s SLS solves the liquidity issue routinely faced by blockchain networks in two ways:
Internal Liquidity Pool
Streakk pays out Node rewards to its members every week. Each member that stakes their crypto from Monday 00:01 UTC to Sunday 23:59 UTC, receives their staking rewards on the following Wednesday. To be eligible for that week’s rewards, however, they have to stake the funds for the entire week. On the other hand, those members who only stake their funds in the middle of the week only start to accumulate rewards the following week. Meanwhile, members who withdraw their staked funds forgo their rewards for that week. That being said, in such cases where members stake or withdraw funds mid-week, Streakk reallocates their rewards in the Internal Liquidity pool.
As a backup for meeting the network’s liquidity demands, Streakk has enlisted liquidity providers (financial institutions, exchanges) who can provide liquidity at a low rate of interest rate. This contingency guarantees that Streakk never loses its liquidity and can continue to consistently mitigate the lock-up risk for members.