Switzerland-based Liti Capital has announced a new staking program on the Polygon Network. Liti Capital purchases interest in litigation assets to help claimants fund cases. If the case is successful, token holders earn a portion of the proceeds. Liti Capital’s new staking program offers an intermediary method of earning a return on investment during a case’s lifecycle.
According to a recent Liti Capital press release, the executive team researched various options before choosing Polygon for their staking efforts. A second layer protocol on top of the Ethereum blockchain, Polygon offers significant cost savings and efficient transaction speed. Case in point, the Ethereum blockchain processes around 14 transactions a second for around $25.00/transaction. The Polygon network can process nearly 65,000 transactions a second for less than a penny/transaction.
Liti Capital claims its new staking program can garner significant interest. For example, up to 1M Liti Capital “$wLITI” tokens can be staked for 30 days for a 5% return, according to the press release. A 60-day saking period is said to garner 7%, and 90 days 10%. Various options are available to stake a portion of the proceeds for different time periods. A Liti Capital token holder can cash out their stake at any time, and the system will calculate earnings accordingly.
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