Parasail announced a strategic partnership with Fluence, a decentralized cloud computing platform, and launched the FLT staking pool. The FLT staking pool aims to simplify the staking process of the Fluence network, bringing users a simpler way to participate and better liquidity solutions. With the Fluence staking pool launched on Parasail, users can stake their $FLT tokens without having to operate the network nodes and hardware resources required by the Fluence network. Staking users will receive pFLT tokens, representing their staked share in the staking pool, and can be used in decentralized finance (DeFi) applications to increase liquidity and additional rewards.
The Parasail platform will also provide an automatic reinvestment function to maximize the efficiency of the use of $FLT token assets and help users continue to earn returns. In addition, the staking pool ensures yield performance by spreading risks among multiple service providers and nodes.