Placing funds to run a masternode and secure the network is often like locking your crypto in a vault with limited utility.
But what if you could enjoy the benefits of staking without sacrificing flexibility?
In this flagship edition, we highlight MarbleFi, a Liquid Staking derivatives provider that allows DeFiChain masternode holders to use their locked capital more efficiently.
MarbleFi, a revolutionary product from Birthday Research (the R&D division of Cake Group) redefines capital efficiency in the DeFiChain ecosystem.
Traditionally, funds committed to DeFiChain masternodes were effectively locked up, limiting their potential for further use.
![](https://blog.defichain.com/content/images/2024/05/Bildschirmfoto-2024-05-15-um-10.27.09.png)
However, MarbleFi offers an innovative solution that frees up this capital. It allows users to use their funds for other decentralized financial activities while still earning the underlying return on their staked positions.
Through its cutting-edge derivative model of liquid staking, MarbleFi breaks down the barriers that once limited the flexibility of staked assets.
Users can now maintain their Masternode positions, continue to earn rewards, and explore additional opportunities in the thriving decentralized finance landscape.
Liquid Staking offers the most convenient way to earn rewards on your DFI holdings within the DeFiChain ecosystem.
To directly participate in DeFiChain's validator network, individuals must meet the requirements of holding and staking a minimum of 20,000 DFI, as well as running a DeFiChain masternode to receive validator rewards.
Liquid Staking offers an alternative to this through the concept of staking service providers.
In the case of MarbleFi, native DFI coins are deposited to the Masternode Validator, which then issues a “receipt” in the form of a liquid synthetic token called mDFI (Marble DFI). This “receipt” generates interest, representing the staking rewards earned on the DFI deposited.
MarbleFi simplifies the staking process by providing greater flexibility and control to users. There is no need to set up, operate or manage your own Masternode Validator, as MarbleFi handles the complexities behind the scenes.
This innovative approach allows users to effortlessly participate in staking and earn rewards, while maintaining liquidity and freedom to engage in other decentralized financial activities within the DeFiChain ecosystem.
For end users, the process of using MarbleFi is simple:
- Visit APP’s MarbleFi page.
- Deposit DFI (MetaChain EVM) into the MarbleFi deposit contract.
- Receive mDFI (Marble DFI) tokens proportional to your deposit, based on prevailing market prices.
- Use mDFI tokens in other DeFi activities within the DeFiChain ecosystem where mDFI is accepted.
To enable a sustainable ecosystem, MarbleFi has implemented the following pricing structure:
![](https://blog.defichain.com/content/images/2024/05/Bildschirmfoto-2024-05-15-um-10.25.51.png)
These fees contribute to the operational sustainability of the system, minimizing the need for heavy incentives.
Fees can be adjusted in the future based on community governance decisions, ensuring that the ecosystem remains adaptive and responsive to changing needs.
By following these simple steps and understanding the associated pricing structure, users can participate in staking and earn validator rewards without having to manage their own Masternode infrastructure.
MarbleFi takes care of the intricate details, allowing users to focus on maximizing their returns and exploring opportunities within the dynamic DeFiChain ecosystem.
Risks related to smart contracts
Innovative decentralized applications like MarbleFi use transparent smart contracts to protect your funds without any custodial controls, providing trust and assurance in the expected staking of your assets. However, as with any other smart contract in the field of decentralized finance, it is always possible that a new vulnerability will be discovered.
Liquidity risk
The value of mDFI may fluctuate based on market demand and other factors, which could result in losses if the price declines. However, under each mDFI token, there is a minimum of 1 DFI plus accumulated DFI rewards.
DeFiChain Network Risk
MarbleFi is built on the DeFiChain EVM (MetaChain) network, so any network issues (such as network congestion or gas fees) could impact service availability or performance.
Taxation
Depending on the financial jurisdiction, mDFIs may be subject to tax. Users should consult a tax professional to understand their tax obligations. MarbleFi will not be responsible for any tax implications.
It is crucial that users carefully review and understand these risks before engaging with the MarbleFi platform. Although the innovative nature of the service offers potential benefits, it is essential to be aware of the associated risks and take appropriate steps to mitigate them.
MarbleFi represents a revolutionary innovation that opens new frontiers in capital efficiency and user empowerment within the DeFiChain ecosystem.
By introducing a cutting-edge derivative model of Liquid Staking, MarbleFi breaks down the barriers that previously limited the flexibility of assets staked, thereby fostering a more dynamic and versatile DeFi landscape.
As MarbleFi continues to evolve, it promises to bring even more innovations and improvements, ensuring users stay at the forefront of the decentralized finance revolution. Embrace the future of DeFi with MarbleFi, where capital efficiency and flexibility go hand in hand.
Discover their website to start the service.