Gradient Protocol Unveils Liquid Staking Innovations, Announces Second Funding Phase on Fjord Foundry

Gradient Protocol, an innovative liquid staking platform on the Bittensor network, announces its second funding phase on Fjord Foundry. This round aims to scale up validation capacity, fund liquidity for the GDT token, and support marketing and development. Gradient seeks to establish a decentralized, transparent, and community-governed platform, setting a new standard in the liquid staking space.

Gradient Protocol Announces Second Funding Phase on Fjord Foundry, Unveiling Innovations in Liquid Staking

New York, NY, March 28, 2024 (GLOBE NEWSWIRE) - Gradient Protocol, a trailblazing innovator in the liquid staking ecosystem, is thrilled to unveil its second funding phase, hosted on the esteemed Fjord Foundry platform. This follows the overwhelming success of its private seed round as Gradient Protocol embarks on a transformative journey to revolutionize the liquid staking landscape.

Redefining Liquid Staking on the Bittensor Network

Gradient Protocol's mission is to establish a robust liquid staking infrastructure within the Bittensor network. To achieve this, the protocol will deploy a network of specialized validators across multiple TAO subnets. This strategic diversification of validation processes aims to enhance system stability, safeguard returns on investments for users, and optimize validator performance.

Strategic Deployment of Funding

The proceeds from the second funding round will be meticulously allocated to expand Gradient Protocol's validation capacity, onboarding new validators, establishing liquidity for the GDT token, and fueling marketing and development initiatives that will further accelerate the protocol's growth trajectory.

Transformative Platform Launch

Gradient's Token Generation Event (TGE) will serve as a watershed moment in the evolution of liquid staking platforms on the TAO network. From the platform's inception, Gradient will provide a comprehensive suite of services, including in-house validator slots, revenue-sharing mechanisms, liquid staking capabilities, and a native GDT token.

Setting New Standards in Decentralization and Transparency

Gradient Protocol is committed to leading the industry in decentralization, transparency, and community governance within the liquid staking space. The platform's architecture empowers the community to have a direct say in decision-making processes, fostering a truly participatory ecosystem.

Continued Expansion and Impact

Through its ongoing expansionary efforts, Gradient Protocol aspires to establish a gold standard for transparency and decentralization in the liquid staking domain. The protocol's unwavering commitment to diversification, liquidity, and community involvement will undoubtedly contribute to the growth and maturity of the TAO network as a whole.

About Gradient Protocol

Gradient Protocol emerged from an innovative vision to transform the landscape of liquid staking within the Bittensor network. Harnessing the transformative power of decentralized staking methods, Gradient aspires to deliver a sustainable, high-yielding, and truly decentralized platform. The protocol's steadfast growth and unwavering focus on validation diversity underscore its enormous potential to shape the future of the TAO network.

Social Media Links:

Twitter: https://twitter.com/Gradient_GDT

Documentation: https://docs.gradientprotocol.io/

Telegram: https://t.me/Gradient_Entry

Website: https://gradientprotocol.io/

Contact Information:

David F. BD

Gradient Protocol

dave@gradientprotocol.io

Disclaimer:

This press release is intended solely for informational purposes and does not constitute an offer, solicitation, or recommendation to invest in or purchase any cryptocurrency or security. It is strongly recommended to conduct thorough due diligence, including consulting with a qualified financial advisor, prior to making any investment decisions.