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UnoRe's Staking Program Does More with Less Risk

coinquora.com
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fairly difficult
most DeFi staking programs generally face certain inefficiencies in the market and the infrastructure that is built around it. Read More on,
Participants in most DeFi staking programs generally face certain inefficiencies in the market and the infrastructure that is built around it. These include currency risk, obscure strategies by protocols, and cumbersome processes besides general market volatility.

While many projects have attempted to solve the currency risk and volatility issues by supporting stablecoins, this is a halfway solution. Currency risk refers to the chance that exists for stakers to lose money when the price of their staked asset changes drastically along with the price of the asset they are rewarded with. This is an issue that current users still face given that staking programs generally reward them with the protocol's native token.

This is where UnoRe is introducing an important new solution. The decentralized reinsurance platform has launched an innovative…
Collins Adane, Cho Amisola
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