[New LST Proposal] envSOL
What is envSOL?
envSOL is an LST operated by Envbest Co.
envSOL will use a portion of its staking fees to provide and develop tools for DEX/CEX traders.
The tools provided can be used by envSOL stakers.
The tools do not directly lead to profit, but primarily provide useful research and insights for profitable.
What is provided to envSOL stakers
At first, we offer the following tools:
- A list of FundingRate(in CEX/DEX) and a list of prices obtained and listed (similar to the service provided by CoinGlass, but for more DEX Perp are included).
- Users can set up their own alerts to be notified from the these information.
- Allow shared use of RPC servers and API Endpoints for some services (restricted to use only from IP addresses that the staker applies for).
We will also improve new feature development requests, and the more envSOLs a staker has, the more say they will have in feature development.
Developed features will be available to all stakers who meet a set number of stakes.
While information sharing is important for traders, it is sometimes undesirable to share information with an unspecified number of people.
Therefore, by limiting the number of stakes, the number of users can be limited and information can be shared.
