Introducing Meta Pool: Empowering DeFi building on NEAR blockchain

With a Total Value Locked (TVL) of $152 million and receiving the support of leading industry authorities such as A&T Capital, Palmera, and DI Ventures, Meta Pool stands out on the blockchain scene as a prominent DeFi project based on the NEAR Blockchain. Serving as a leading liquid staking solution for NEAR token holders and beyond, Meta Pool significantly contributes to enhancing the mass adoption and decentralization of the NEAR Blockchain. 

To get a clearer understanding of Liquid staking, we need to understand how it differs from the traditional staking setup. In the usual setup, you lock up your tokens to help keep the network secure and score some rewards in return.  However, once locked, these tokens become unavailable for other activities such as trading or utilization in decentralized applications (dApps).

Meta Pool tackles this problem directly with something called "stNEAR" tokens. These tokens stand for delegated NEAR and can be used in the NEAR Protocol DeFi world just like regular NEAR tokens. This setup empowers users to keep earning rewards for their staking activities while retaining the flexibility to engage with other elements of the NEAR ecosystem in a liquid manner.

Meta Pool and Near: a Shared Vision for the future

Meta Pool has been evolving alongside its primary blockchain for about three years. This journey parallels the development of their Liquid Staking protocol. Hence, it's crucial to align with the trajectory of the blockchain protocol, which is currently building towards their "Blockchain Operating System” (BOS).

To get a better grasp of the “BOS” , With this vision for advancement, NEAR Protocol strives to establish a developer-friendly and scalable platform for decentralized applications (dApps), emphasizing usability and performance. It's conceivable that "BOS" might signify a concept or initiative aimed at enhancing the platform's usability or functionality.

In essence, BOS facilitates learning, building, and growth for everyone using any blockchain. Here, developers and creators of various backgrounds can effortlessly deploy their own dApps with on-chain frontend code. The primary advantages lie in terms of accessibility, security, and composability.

Colossus partnership: a regulated bridge towards institutions 

As Colossus, we are already months in the “Enterprise node operator program”, as we have been picked among other successful validators globally. The Enterprise Node Operators program aims to onboard top-tier Institutions and companies into the NEAR Ecosystem.
Being chosen among a multitude of node validators, we are sure to keep up the best premises and promises of the Meta Pool project and Near Blockchain, especially adding our value as an institutional player.
As the operational backbone of the program, Meta Pool plays a pivotal role in guiding and facilitating ENOs. This includes managing the distribution of staking allocated to the program.
With a substantial pool of more than 5,000,000 $NEAR tokens earmarked to support the staking activities of these Enterprise Node Operators, Meta Pool and Near joined together to build the future of DeFi of Near Blockchain.

And Colossus could not miss that.

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Safely stake with Colossus
And remember to (s)take it easy!