Parasail Partners with Fluence to Launch FLT Staking Pool

Parasail Partners with Fluence: A New Era in Cloud Computing

In a groundbreaking announcement, Parasail has forged a strategic partnership with the decentralized cloud computing platform, Fluence. This collaboration aims to enhance the accessibility and utilization of cloud resources while providing exciting new opportunities for users.

Introducing the FLT Staking Pool

As part of this partnership, Parasail is launching an FLT staking pool, allowing users to stake their FLT tokens directly on the Parasail platform. The unique aspect of this staking pool is that users can participate without having to manage complex network nodes or the hardware resources that are typically required by the Fluence network.

How Staking Works

Users can easily stake their FLT tokens and receive pFLT tokens in return. These pFLT tokens represent the user's share of the staking pool, offering a tangible way to engage with the benefits of decentralized cloud computing.

Auto-Compounding Feature

Parasail's platform will also include an auto-compounding feature for staking rewards. This means that any rewards earned from staking will automatically be reinvested, allowing stakeholders to potentially increase their returns without additional effort. This feature is expected to add significant value for users looking to maximize their staking rewards.

Benefits of the Partnership

• Accessibility: Users no longer need the technical know-how or hardware to stake their tokens.
• Increased Engagement: With the introduction of the auto-compounding feature, users have an incentive to stake for longer periods.
• Decentralization: This partnership furthers the reach of decentralized cloud computing by making it more user-friendly.

Conclusion

The combination of Parasail's innovative approach and Fluence's powerful decentralized infrastructure promises to revolutionize the cloud computing landscape. Users can now engage in staking in a more efficient and effective manner, paving the way for increased participation in the decentralized ecosystem.

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