Announcement: Humanode Lightpaper V. 0.3 "Akagi" Release!
Ever wonder what’s really different about Humanode? How Humanode confirms someone’s existence and uniqueness using private biometrics? This is your guide to obtaining a less technical overview of what Humanode aims to achieve and how it plans to do so.
In the evolving landscape of decentralized finance (DeFi), Humanode is set to introduce a new staking model: Biometric-based Sybil resistant Nonlinear Liquidity Staking. With the deployment of Impossible Finance and Occam DEXes on the Humanode chain, we are elated to announce the launch of Nonlinear Liquidity Staking on Humanode.
This sybil-resistant approach, powered by our biomapping technology, heralds a new era in liquidity pooling and reward distribution. Here’s a closer look at what this entails:
Understanding Sybil resistant Nonlinear Liquidity Staking Traditional staking methods are directly proportional to the amount staked, often leaving smaller participants with a minimal share of the rewards. Additionally, Sybil attacks pose a significant threat to the security and integrity of decentralized systems, especially to the DeFi ecosystem. While Proof of Stake(PoS), Proof of Work (PoW), and Proof of Burn (PoB) are considered promising in deterring Sybil attacks, they are not Sybil Proof and have limitations.
Humanode disrupts this imbalance with a Sybil-resistant Nonlinear Liquidity Staking model.
Fundamental parameters of Nonlinear LP staking model
2. Nonlinear reward distribution: The APR for stakers is determined using a root-based formula x^(3/4), which results in a more balanced allocation of rewards across various liquidity sizes. We’re implementing a system where APR decreases gradually as the provider's share in the pool increases. Check it out from the example in this article. This encourages participation from a wide range of liquidity providers - from those with limited capital to large-scale holders, ensuring a diverse and healthy liquidity pool.
3. Pools secured by a blockchain of unique humans: Powered by over 300 unique and equal validators, Humanode ensures robust security for all staked assets thanks to one of the highest Nakamoto coefficients of 100+.
🎉نحن نتعاون مع ChainPort لتوصيل USDC وWETH إلى Humanode EVM.🎉
سيسهل هذا التكامل ربط USDC وWETH بتكلفة منخفضة من Ethereum إلى Humanode EVM. كما سيعمل على توسيع توافر HMND عبر 18 سلسلة إضافية وتمكين BioDeFi من خلال تقديم هذه العملات المستقرة إلى Humanode EVM.
اقرأ المقال الكامل هنا: https://blog.humanode.io/humanode-partners-with-chainport-to-bridge-stablecoins-to-humanode-evm/
بالإضافة إلى ذلك، بمناسبة هذه الشراكة، يتم إطلاق حملة Galxe في حملة Dawn of BioDeFi التي تستمر لمدة 6 أسابيع: https://galxe.com/Humanode/campaign/GCCsrUqYuT
انضم إلى الرحلة نحو DeFi المقاوم لـ Sybil! أعجبني وأعد التغريد: https://x.com/humanode_io/status/1707364912065052992?s=20