xToken is coming to Arbitrum in December

Cryptocurrency News and Public Mining Pools

xToken is coming to Arbitrum in December

Hi everyone xToken are branching out to Arbitrum in a couple weeks and we get to play with high tech crypto finance strategies on L2! The xToken team is led by Michael J. Cohen and they are a quick and opportunistic, dare i say battle hardened unit.

They have a product called Multistaking that pools several different modes of yield and rewards from multiple pathways and those rewards are quite high. For the rollout the team is adding even more feeds now to Multistaking starting with advanced liquidations coming from the new xLend protocol that is also launching with the Arbitrum roll out. Its quite complex and allows for the holy grail of liquid staking and then staking again.

Check em out.

submitted by /u/gorfnu
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