Ambrosus Ecosystem Helps Drive Global DeFi Adoption

Source : beincrypto.com

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Ambrosus Ecosystem saw almost 55 million AMB staked by the 24-hour mark, with any participant able to join the ecosystem through a simple click and connect mechanism. Arcadia Staking presents an alternative way to earn rewards from AMB holdings.

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Ambrosus Ecosystem, a fast-growing blockchain network for the Internet of Things (IoT) and supply chain, has launched a staking service that anyone can use — ‘Arcadia Staking’.

Arcadia embeds Ambrosus at the center of developments in the cryptocurrency sphere, with DeFi democratizing access to cryptocurrency products and helping drive global adoption. This new service reduces technical barriers and allows cryptocurrency enthusiasts to join the ecosystem through a simple click and connect mechanism, without having to set up a node.

To allow easy staking access, a lower investment threshold with a minimum of 1000 AMB has been set. Participants will benefit from up to 35% annual percentage yield (APY) in rewards while supporting the network by contributing to its security and efficiency.

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“We are excited to release our new staking platform. I believe this simplified and automated on- and offboarding mechanism brings increased network security to AMB-NET,” said Igor Stadnyk, CTO at Ambrosus. “At the same time, we are very proud of our large network of masternodes and especially the community behind it. Arcadia Staking is a great addition to what we have, and we encourage more people to help secure the network and earn rewards,” he added.

Sergii Grygoriev, Head of Business Development at Ambrosus, added “The launch of Arcadia Staking is a significant milestone in the maturity of the DeFi staking economy; we continue to leverage Ambrosus business opportunities for our partners and users. In addition, our different staking thresholds are expected to enhance participation among our community, whether they are individual crypto owners or institutional investors.”

About Ambrosus Ecosystem

The Ambrosus network is a blockchain-based ecosystem optimized for IoT data transactions and supply chain management. Ambrosus’ main focus is on improving supply chains, especially food and medicine, although the protocol can be applied to virtually any complex supply chain.

The Ambrosus platform can be easily integrated into existing IoT devices and IT systems in order to digitize supply chain processes and increase their transparency.

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