TokenInsight has recently published the rating report for STAKE, which has received a project rating of B with a positive outlook.
The overall quality of the xDai chain project is high. By using the dualtoken model (xDai and STAKE) and multiple reward mechanisms to support the POSDAO consensus protocol, hence the xDai chain can achieve higher distribution. At present, the most important task is to enable transparent process around token collateral and speed up the completion of Phase 2; accelerate the ecosystem construction, especially to attract more users to enter the ecosystem.
Considering the status and development prospects of the project, TokenInsight gives STAKE a rating of B with a positive outlook.
Founded in 2017, TokenInsight is a Leading Data & Tech Driven Blockchain Financial Institution. TokenInsight pioneered a complete blockchain industry classification system, covering more than 1,600 projects, releasing more than 300 rating reports, and conducting in-depth studies into 10 major industries.
TokenInsight’s data, ratings, and research reports have access to more than 70 data platforms worldwide, including Messari, Delta, Binance Info, AICoin, Huobi Info, etc., with a monthly PV of over 30 million. TokenInsight has officially joined the Data Accountability and Transparency Alliance (DATA), initiated by cryptocurrency ranking site CoinMarketCap.
If you like our reviews, please follow us on:
💡Official website: https://www.tokeninsight.com
📌Official LinkedIn page: https://www.linkedin.com/company/tokeninsight/