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Parasail has reached a strategic cooperation with the decentralized cloud computing platform Fluence and launched the FLT staking pool
Odaily Planet Daily News Parasail announces strategic partnership with Decentralization cloud computing platform Fluence and launches FLT staking pool. The FLT staking pool aims to simplify the stake process of the Fluence network, providing users with a simpler way to participate and a better Liquidity solution. Through the Fluence staking pool launched on Parasail, users can stake their $FLT Token without operating the network Nodes and hardware resources required by the Fluence network. Staked users will receive pFLT Tokens, representing their stake shares in the staking pool, which can be used in Decentralized Finance applications to increase Liquidity and earn additional rewards. The Parasail platform will also provide an automatic reinvestment function to maximize the efficiency of $FLT Token assets usage and help users continue to receive returns. In addition, the staking pool ensures revenue performance by spreading risks among multiple service providers and Nodes.