Days after becoming the most decentralized Layer 1 by the Nakamoto Coefficient, Humanode's BioDeFi LP staking, specifically the HMND/USDC liquidity pool on Impossible Finance DEX, has reached over $1,000,000 in Total Value Locked (TVL).

This Sybil-resistant, biometric-based staking model offers Annual Percentage Rates (APR) that range from 50% for whales to as high as 500% for smaller liquidity providers to create a more equitable DeFi ecosystem.

The BioDeFi staking model is designed to distribute rewards in a non-linear fashion, favoring smaller liquidity providers. The use of crypto-biometrics makes sure each user's unique, ensuring that each individual can only stake LP tokens using a single address, without sharing her personal info.

Explore Humanode BioDeFi: https://t.co/yqApfsiS6e