Ankr Staked MATIC
Crypto Overview
Purpose and Utility
ankrMATIC is a liquid staking token representing staked MATIC (Polygon) tokens on the Ankr platform. When users stake MATIC through Ankr, they receive ankrMATIC tokens that represent their staked position. This allows users to maintain liquidity while participating in network validation.
Business Model
The token operates as a liquid staking derivative, enabling users to earn staking rewards while maintaining the ability to trade or use their staked assets. The business model is based on collecting a portion of staking rewards as platform fees. The underlying staking mechanism contributes to network security and validation.
Real-World Adoption
ankrMATIC is actively used within the Ankr ecosystem and can be traded on various decentralized exchanges. The token has integration with multiple DeFi protocols where it can be used as collateral or in liquidity pools.
Platform Development
Ankr maintains regular updates to their staking infrastructure and has demonstrated consistent platform improvements. The development team actively maintains the staking protocols and security measures.
Token Distribution
The token supply is directly correlated to the amount of MATIC staked through the platform. New ankrMATIC tokens are minted when users stake MATIC and burned when they unstake, maintaining a 1:1 relationship with staked assets.
Crypto Impact
To assign a comfort level investing in Ankr Staked MATIC from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Ankr Staked MATIC.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.