Friday, March 31, 2023
- Advertisment -

According to Vulcan Blockchain, solution to SEC’s extensive regulation on staking might be at hand

No component of cryptocurrency and blockchain technology has advanced technology as much as staking in recent years, giving regular investors unmatched access to cutting-edge technology. With the help of the ground-breaking investment approach of staking, investors can generate passive income without having to purchase tokens or coins.

Investors who want to stake put money into a chosen wallet address and lock it there for a set amount of time, usually a few days to a few weeks. Investors are rewarded for confirming transactions and protecting the network from bad actors during this time. The number of funds locked up and the length of the lockup period both affect the benefits earned.

The key benefit of staking is that payouts are frequently made in the native cryptocurrency of the blockchain network or other tokens, giving users a simple and safe way to generate passive income. Additionally, global regulatory organisations’ attention and scrutiny have greatly increased as a result of this expansion in access.

For instance, the US Securities and Exchange Commission (SEC) has already begun taking action to control cryptocurrency-related activities like staking and making money from digital assets. Although it is unclear how extensive the regulatory measures will be after the SEC enforces its ban on these activities, it is anticipated that they will have a significant influence on the crypto markets in ways that we are unable to yet foresee.

Companies like Vulcan Blockchain are developing cutting-edge auto-staking solutions that provide investors dependable, effective, and safe substitutes for conventional staking techniques as the degree of governmental meddling rises. Due to their decentralised character, these solutions minimise the negative consequences of governmental meddling, enabling investors to reap gains without worrying about penalties.

For cryptocurrency investors looking to produce passive income without relying on traditional investment strategies, this is a game-changer. Vulcan appears to be the platform to counteract onerous regulatory oversight as it is the first blockchain network in the world with an Auto-Staking feature that enables users to earn a yield of 44% APR simply by holding their coins in their personal wallet, without having to stake them elsewhere, and an Auto-Rebasing mechanism that modifies the supply of $VUL (the native coin) every 15 minutes.

Additionally, the Auto-Compounding feature of the Vulcan Blockchain makes sure that as a $VUL holder, your ownership of coins grows with each epoch. The initiative is being led by Australian businessman Bryan Legend, who has been involved in a number of successful ventures. Bryan hopes to increase access to secure DeFi applications using cutting-edge technology that has never been used before, giving other projects the chance to take advantage of its capabilities for their own gain.

Patrick Huston
Patrick Huston
As a senior editor, Patrick is a professional who is in charge of putting out business news. As a senior editor, Patrick is likely to be in charge of the duties of junior editors and writers, make sure the content is correct and high-quality, and work with other departments to make sure the business news is published on time. Patrick knows a lot about business and the latest market trends. He uses this knowledge to choose and edit stories that are both interesting and useful to readers. He also works with reporters and analysts to come up with insightful pieces that help readers keep up with the latest business news. Patrick is a very important part of keeping the public informed and interested in important business issues. He is passionate about journalism and strives for excellence.

Disclaimer: We want to be clear that the information on, including news, articles, reviews, and opinions, is intended for reading and knowledge purposes only. While we strive to provide accurate and up-to-date information, opinion and news, we cannot guarantee the completeness, accuracy, reliability, suitability, or availability of any information. Read more


- Advertisment -