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Parasail has reached a strategic partnership with the decentralized cloud computing platform Fluence and launched the FLT staking pool.

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#DeFi
Odaily
473Words
Sep 26, 2024

Parasail has announced a strategic partnership with the decentralized cloud computing platform Fluence and launched the $FLT staking pool. This staking pool aims to simplify the staking process for the Fluence network, providing users with an easier way to participate and better liquidity solutions. Users can stake their $FLT tokens on Parasail without the need to operate nodes and hardware resources required for the Fluence network. Staking users will receive pFLT tokens, representing their share in the staking pool, which can be used in decentralized finance applications. The Parasail platform also offers an automatic reinvestment feature to maximize the efficiency of $FLT token assets and help users continuously earn returns. The staking pool ensures performance by diversifying risks.

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