Composable Finance Staking

Composable focuses on a cross-chain, cross-layer liquidity layer for sharded applications. Composable takes this notion a step further by realizing that there is a sharding of functionality between each ecosystem; for instance, most ecosystems have their lending protocols. The vision is thus to abstract away inter-ecosystem decision-making. It maximizes users’ and developers’ outcomes based on their unique goals. We are creating a communication protocol to accomplish this function, utilizing the parachain as a finality layer. The protocol will connect L2s to the Polkadot and Kusama ecosystems and the Cosmos Ecosystem [14] through the Inter-Blockchain Communication protocol (IBC) [15] to the Polkadot and Kusama ecosystems. We will then include other ecosystems, such as Algorand [16], Solana [17], and more.

Details of staking will be announced shortly. Staking LAYR will launch is planned for Q2 2022.

Reward details of staking will be announced shortly. Staking LAYR launch is planned for Q2 2022.

Once the staking mechanism is fully disclosed, risks of staking Composable Finance will be covered here.