Introduction

Welcome to Ike Liquid Staking!

This documentation will regularly be updated to represent the current state of the project. This version was last updated September, 2024.

Ike is a Composable Liquid Staking Protocol. Our mission is to boost the GDP of Aleph Zero by allowing users to participate in on-chain activities while also benefitting from the yield-bearing staking that secures the blockchain. Ike solves a number of challenges faced by Proof-of-Stake blockchains around liquidity, accessibility, and more. No longer do on-chain protocols neeed to compete with L1 staking & security.

Traditional staking methods on Proof-of-Stake (PoS) blockchains can hinder participants from engaging in the broader realm of decentralized finance. Once tokens are staked, they become locked and inaccessible for other purposes, limiting users' ability to actively participate in the dynamic DeFi landscape. In PoS networks, security competes with the use cases built on the network such as leveraging decentralized exchanges, diverse lending and borrowing platforms, participating in governance mechanisms, gaming, and exploring other innovative decentralized applications.

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Ike, drawing from the refined tradition of Ikebana, represents the art of arranging diverse financial components into a unified and resilient system. Just as Ikebana harmonizes natural elements into a perfect balance, 'Ike' captures the seamless integration of composable staking protocols, ensuring your assets remain both fluid and secure within the evolving DeFi ecosystem.