Ankr Staked BNB
Crypto Overview
Purpose and Utility
Ankr Staked BNB is a liquid staking token that represents staked BNB on the BNB Chain. When users stake their BNB through Ankr's platform, they receive ankrBNB tokens that represent their staked position while maintaining liquidity of their assets. The token allows users to participate in BNB Chain's Proof of Stake validation while being able to use their staked assets in DeFi applications.
Business Model and Operations
The platform operates by allowing users to stake BNB and receive ankrBNB tokens in return. These tokens appreciate in value relative to BNB as staking rewards accumulate. The protocol generates revenue through a small percentage of staking rewards. Ankr acts as a validator node operator on the BNB Chain, participating in legitimate network security and validation.
Real-World Adoption
ankrBNB has achieved significant adoption within the BNB Chain ecosystem. The token is integrated with multiple DeFi protocols and has substantial liquidity across various decentralized exchanges. On-chain data shows active usage for its intended staking representation purpose.
Development Activity
Ankr maintains regular development activity on their staking infrastructure and continues to expand integrations for ankrBNB. The team regularly updates their technical documentation and implements security improvements.
Token Distribution and Governance
ankrBNB tokens are minted when users stake BNB and burned when they unstake. The token distribution is entirely determined by user staking activity, with no pre-mine or team allocation for the ankrBNB token specifically.
Crypto Impact
To assign a comfort level investing in Ankr Staked BNB 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 BNB.
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.