Prime Numbers Labs launches liquid staking on XDC Network, making masternode rewards accessible to all
Dubai, United Arab Emirates, 22nd Jan 2025 – Prime Numbers Labs, a promising ecosystem in decentralized finance (DeFi), has announced the launch of PrimeStaking, an innovative Liquid Staking solution on the XDC Network. This new system removes barriers to XDC masternode participation, allowing every XDC holder to stake their assets, earn rewards, and actively engage in the network’s ecosystem.
Traditionally, running an XDC masternode requires 10 million XDC, KYC compliance, and advanced technical expertise – barriers that have excluded many users. PrimeStaking removes these obstacles, enabling XDC holders to stake their tokens, earn masternode rewards, and receive pstXDC, a liquid staking derivative minted at a 1:1 ratio. These tokens can be used across various DeFi protocols while the s...