![electroneum.jpg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/electroneum_c3c303e050.jpg)


## Start building on Electroneum for enhanced speed, safety, and efficiency.

Ankr is excited to announce a new addition to our RPC service: Electroneum, an EVM-compatible L1 blockchain designed for speed, security, and energy efficiency.

This is great news for developers looking to get the jump on building on top of Electroneum for fast and secure dApps! Users will be able to access Electroneum Public and Premium RPCs, make request calls, and receive information returns that are identical to the results they would get by running a node themselves.

**Electroneum will be running a hackathon in Q3 2024 to encourage developers to build new dApps and utilities on the Electroneum Layer-1 chain. Ankr will post more details on the event as they arise!**

[**Call the Electroneum RPCs now!**](https://www.ankr.com/rpc/electroneum/)

## What is Electroneum?

[Praised by the co-inventor of blockchain](https://medium.com/@ETN-Network/blockchain-inventor-dr-scott-stornetta-praises-electroneum-find-out-how-he-compares-it-to-bitcoin-3b45f7492170) technology, the Electroneum blockchain positions itself as a fast, secure, and energy-efficient platform for various blockchain applications, with a focus on global accessibility and responsibility.

Electroneum features several benefits, including:

- Secure IBFT-based blockchain with known validators
- Compatibility with the Ethereum Virtual Machine (EVM)
- 5-second transaction speeds
- Instant blockchain finality system
- Low-cost smart contract fees
- Minimal energy consumption

[**Learn more about Electroneum**](https://electroneum.com/blockchain/)

## What Are Ankr’s New Electroneum RPC Connections?

- Ankr’s Electroneum RPCs (Remote Procedure Calls) connect your wallet, command-line interface, or decentralized applications with Electroneum. They act as a messenger or blockchain router that relays on-chain information between Electroneum nodes, chains, and ultimately end-users so they can execute necessary tasks like transactions, populate wallet balances, fetch ownership information, and much more.

- Electroneum RPC endpoints are a gateway for developers to interface directly with Electroneum — a portal to communicate easily, remotely, and with no need to go through the DevOps of establishing their own Electroneum nodes.

- Ankr is providing a geo-distributed Electroneum RPC comprised of blockchain nodes running worldwide for incredibly low latency and reliable connections.

[**Get started now with our Electroneum RPC endpoints!**](https://www.ankr.com/rpc/electroneum/)

## How Do the Electroneum RPCs Help Developers?

Building with Electroneum is an excellent choice for creating high-performance and secure dApps, but requires access to the information on Electroneum nodes to do so. Therefore, Ankr’s RPC solves the following developer troubles:

**Eliminates complex node ops** - Ankr’s Electroneum RPCs will completely remove the need for developers to set up their own Electroneum nodes, removing hours of time spent building, calibrating, and fixing node issues.

**Grants access to advanced tools** -  Ankr’s [Premium RPC Plan](https://www.ankr.com/rpc/pricing/) instantly grants access to the best tools to build applications quickly, including:

- At least 90,000 Electroneum req/minute
- Dedicated Electroneum endpoints
- Prioritized requests
- Priority support portal
- WebSockets (WS) capabilities

**Powers chains, applications, and open-source software that need access to Electroneum** - Connect with a cluster of high-performance nodes that hold the information you need to build and operate applications with Electroneum chain capabilities.

**Supports the Electroneum network** - Ankr will strengthen the Electroneum network globally by offering easier development and a broader, decentralized node infrastructure.

## How to Make Your First Call to Electroneum

You can [get started building](https://www.ankr.com/remote-procedure-call/) on the Electroneum network by heading to Ankr’s RPC Service to make your first call! You will be able to use the Electroneum endpoint to call the chain using the standard EVM JSON RPC methods.

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram](https://t.me/ankrnetwork) | [Discord](https://discord.ankr.com/) | [YouTube](https://www.youtube.com/c/AnkrOfficial) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Reddit](https://www.reddit.com/r/Ankrofficial/) | [All Links](https://id.tomo.inc/x@ankr)

Use Ankr's Web3 API and RPC endpoints to call Electroneum and build new dApps that can connect seamlessly with the blockchain's data.

Build on Electroneum With Ankr's RPC Endpoints

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Introducing Electroneum: Ankr’s Newest RPC Connection

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Kevin is a business writer, journalist, and avid explorer of the blockchain and tech industry. His work has been covered across crypto and traditional media as Ankr’s Senior Writer, with topics spanning the big picture of “Web3,” tech breakthroughs, and how blockchain is changing our digital lives. Working with some of blockchain’s most talented engineers daily, Kevin gains unique insight into what advances we can expect next and the implications they hold for us all.

Technical Writer

Kevin Dwyer

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The staking landscape has completely changed due to Liquid Staking Tokens (LSTs), which combine the advantages of staking with the liquidity required for dynamic financial strategies in Defi. 

This article explores the optimal loop strategy with Liquid Staking Tokens (LSTs) such as ankrBNB, highlighting their stable collateralization and reliable yields as key advantages.

# Loop Strategies

In Defi, loop strategies involve continuously borrowing and lending assets in order to increase returns. Leveraging, Yield Farming, and interest rate arbitrage are a few examples of common strategies, where users reinvest the accrued rewards or borrowed funds to increase earnings. 

These methods can lead to greater rewards, but also inherently increase the risk profile of the investment. Thus, they require careful management of collateralization ratios to avoid liquidation events. 

## The Benefits of LSTs in Loop Strategies

Liquid Staking Tokens (LSTs) such as ankrBNB are ideal for complex Defi Strategies since they preserve liquidity and provide continuous staking rewards. In contrast to traditional staking, which involves locked and illiquid assets, LSTs give users the opportunity to take part in other Defi activities. 
This dual benefit of earning and maintaining liquidity makes LSTs a superior choice for executing looping strategies. Here’s why they stand out: 

### - Reliable Yield

Liquid Staking and the use of LSTs produce consistent and predictable returns. Unlike variable returns from liquidity pools, staking rewards are steady and consistent. For example, ankrBNB provides staking rewards without the risk of impermanent loss, providing a dependable income stream that can be reinvested into compound earnings. 

-> **[Stake BNB on Ankr Today](https://www.ankr.com/staking/stake/bnb/)**

![unnamed.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/unnamed_7088c82733.png)
_BNB Staking Rewards Calculator through Ankr ([Source](https://www.ankr.com/staking-crypto/binance-bnb/))_

This predictability helps users plan their financial strategies more effectively and guarantees that the loop strategy remains profitable over time.

### - Stable Collateralization

Liquid Staking Tokens (LSTs) provide a stable collateral base, which is critical for the integrity of loop strategies. Unlike Liquidity Pools in Decentralized Exchanges, LSTs like ankrBNB are less prone to rapid price drops and volatility. 

The stability stems from their attachment to major Cryptocurrencies such as BNB or ETH, which have lower volatility than smaller, less established assets. This ensures that the collateral is stable, lowering the risk of liquidation and allowing the loop approach to operate smoothly.

When compared to typical Liquidity Pool Looping methods, LST-based strategies frequently provide higher returns while lowering risk. Traditional liquidity pools are prone to impermanent loss and require continual management to optimize yields. In contrast, LSTs provide stable and predictable returns from staking, with less exposure to market volatility.

## Implementing a Loop Strategy with ankrBNB

Performing a loop strategy with LSTs involves staking native assets, such as BNB, receiving a corresponding Liquid Staking Token (LST), and use such token to borrow more native assets. 

Here’s how you can achieve this with ankrBNB:

- **Initial Stake**: Stake BNB to obtain ankrBNB and start accruing staking rewards

![unnamed.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/unnamed_a1a9352d9f.png)
_Ankr BNB Liquid Staking Solution ([Source](https://www.ankr.com/staking/stake/bnb/))_

- **Collateralize ankrBNB**: Use ankrBNB as collateral to borrow additional BNB.
- **Repeat the process**: Stake BNB to obtain more ankrBNB

This process creates several layers for compounding rewards. Practical scenarios illustrate the advantages of this strategy. For example, in a bullish market, the value of collateral (ankrBNB) increases in price, increasing borrowing power and potential returns.

## Conclusion

Loop Strategies in Defi have the potential for significant returns but come with higher risk, especially when using traditional liquidity pools, which are volatile and subject to impermanent loss. Liquid Staking Tokens (LSTs), such as ankrBNB, offer a more stable and reliable alternative, providing continuous staking rewards while maintaining liquidity. 

However, it is critical to emphasize the inherent dangers to Loop Strategies, including the possibility of liquidation if collateral values drop or if borrowing ratios are not adequately handled. Reliable Protocols such as: [AAVE](https://aave.com/), [Compound](https://compound.finance/), or [Davos Protocol](https://davos.xyz/) can provide users with secure environments to implement these types of Complex Defi strategies. This allows users to maximize the benefits of Liquid Staking Tokens (LSTs) while effectively managing risks. 

Exploring various Defi Protocols and knowing industry best practices will assist users in developing diverse and robust Loop strategies, optimizing returns while minimizing risks in the ever-changing landscape of Defi.

For those looking to take advantage of these strategies, consider exploring Ankr Staking and it’s Liquid Staking solutions and start benefiting from stability and reliable yields:

-> [Visit Ankr Staking to learn more and begin your journey](https://www.ankr.com/staking-crypto/)


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Using Liquid Staking Tokens (LSTs) for Optimal Loop Strategies

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Ankr Staking Team

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![gpu-resources.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/gpu_resources_47af2f74f3.png)

For AI companies and projects, Graphics Processing Units (GPUs) are the essential workhorses. While CPUs handle general computing tasks, GPUs excel at the parallel processing that's crucial for training and running complex AI models. This article dives into the world of GPU resources for AI, exploring what they are, how to leverage them, and where to find the processing power you need.

## What are GPU Resources?
**“GPU resources” is the term we use to describe deploying GPU as a critical component necessary for AI development**. Imagine a highway. A CPU is like a single lane, efficiently handling one task at a time. A GPU, on the other hand, is a multi-lane highway, capable of processing multiple tasks simultaneously. This parallel processing architecture makes GPUs ideal for tasks that can be broken down into smaller, independent steps – precisely what AI model training involves.

[See also: Top 5 GPUs for AI in 2024](https://www.ankr.com/blog/top-gpus-for-ai/)

## Harnessing the Power of GPU Resources for AI
To put GPU resources to work for AI, you'll need to utilize specialized software frameworks like CUDA (developed by NVIDIA) or OpenCL that allow your code to interact with the GPU's architecture. These frameworks distribute the workload across the GPU's numerous cores, significantly accelerating training times.

### Finding the Right Fit: Where to Get GPU Resources
There are several ways to obtain the GPU resources your AI project needs:

- **Building In-House Infrastructure:** This offers maximum control but requires significant upfront investment in hardware and expertise for maintenance.
- **Cloud Computing Platforms:** Cloud providers like Google Cloud Platform (GCP), Amazon Web Services (AWS), and Microsoft Azure offer access to a vast pool of GPUs with pay-as-you-go pricing. This is a popular option for its flexibility and scalability.
- **Specialized AI Cloud Services:** Several companies offer cloud-based platforms specifically designed for AI development, often pre-configured with popular frameworks and optimized for machine learning workloads.
- **Decentralized GPU Marketplaces:** Emerging solutions allow you to tap into a network of individual GPUs, offering a more cost-effective option for smaller projects.

[Read more on The Future AI Stack](https://www.ankr.com/blog/decentralized-gpu/)

## Beyond the Basics: Important Considerations about GPU Resources

- **GPU Type:** Different GPUs cater to specific needs. NVIDIA dominates the AI space, but AMD offers competitive options as well. Consider factors like memory size and processing power based on your project's requirements.
- **Cost Optimization:** Techniques like model quantization and gradient accumulation can help reduce the computational workload, leading to lower GPU resource consumption and cost savings.
- **Future-Proofing:** As AI models grow in complexity, ensure your chosen platform can scale to meet your evolving needs.

## Final Thoughts
By understanding GPU resources and how to leverage them effectively, AI companies and projects can unlock the true potential of their machine learning models. From cloud-based solutions to in-house infrastructure, there's a path to secure the processing power you need to bring your AI vision to life.

## Join the Conversation on Ankr’s Channels!
[Twitter ](https://twitter.com/ankr) | [Telegram](https://t.me/ankrnetwork) |  [Discord](https://discord.ankr.com/) | [YouTube](https://www.youtube.com/c/AnkrOfficial) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Reddit](https://www.reddit.com/r/Ankrofficial/) | [All Links](https://id.tomo.inc/x@ankr)


Dive deep into the world of GPU resources for AI with this comprehensive guide. Discover traditional and blockchain-based solutions,

GPU Resources: All You Need to Know for AI Success

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A Look at GPU Resources: Powering the AI Engine

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Ankr is thrilled to announce the integration of Espresso Systems with our industry-leading Rollups as a Service (RaaS) product. This exciting development empowers new Layer 2 (L2) rollup chains built on Ankr to leverage Espresso's coordination capabilities for sequencing, unlocking a multitude of benefits for interoperability, efficiency, and more. 

Integration with Espresso was an important step forward for Ankr, which is committed to providing the most advanced RaaS offering.

[**See all Ankr RaaS benefits**](https://www.ankr.com/rollup-as-a-service-raas/)

## What Is Espresso? Coordination & Interoperability

- Espresso Systems provides a coordination layer consisting of a consensus system and a marketplace that allows rollups to share sequencer nodes for faster, cheaper, and more interoperable transactions.
 
- Coordination: Instead of each rollup running its own sequencer, Espresso allows them to opt into the possibility of sharing a sequencer for a given timeslot via a marketplace. This can be more efficient, cost-effective, and value-accretive.

- Fast Finality: Their unique HotShot consensus system ensures transactions are finalized quickly and securely.

- Enhanced Interoperability: By connecting rollups in this marketplace, Espresso makes it easier for them to communicate with each other. This is crucial for a future where different blockchains work together seamlessly.


[**Learn more about Espresso Systems**](https://www.espressosys.com/)

## How Does Espresso Benefit the Ethereum Rollup Ecosystem?

Espresso Systems injects a triple shot of efficiency into the Ethereum rollup ecosystem:

- **Faster Transactions:** It creates a shared sequencer marketplace, allowing rollups to compete for faster block processing, leading to speedier transactions.
- **Value Creation:** By sharing sequencers, rollups can conduct cross-chain transactions, creating greater value for their users and capturing more value for their ecosystems.
- **Enhanced Interoperability:** The marketplace and fast finality layer facilitate communication between rollups, paving the way for a more interconnected and user-friendly blockchain landscape.

## How Will Espresso Work With Ankr RaaS Projects?

**Integrating Espresso with Ankr RaaS:** Ankr’s Rollup as a Service will integrate Espresso to provide developers with the choice of having integration with Espresso for shared sequencing to enhance scalability, decentralization, and interoperability.

- Enhanced interoperability for new L2s
- Offers an additional tool for Ankr RaaS
- Provides new opportunities for L2s

[**Build your new L2 today with Ankr & Espresso**](https://www.ankr.com/rollup-as-a-service-raas/)

## Final Thoughts

We at Ankr believe this integration is a game-changer for L2 rollup development. With the combined power of Ankr's RaaS and Espresso's shared sequencing, developers have the tools they need to create truly innovative and impactful blockchain applications. We invite all aspiring L2 developers to join us in building a more efficient, interconnected, and user-centric blockchain future.

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram](https://t.me/ankrnetwork) |  [Discord](https://discord.ankr.com/) | [YouTube](https://www.youtube.com/c/AnkrOfficial) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Reddit](https://www.reddit.com/r/Ankrofficial/) | [All Links](https://id.tomo.inc/x@ankr)

Explore the advantages of using Espresso shared sequencing for your rollup.

Ankr RaaS Integrates Innovative Espresso Benefits 

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Ankr Integrates Innovative Espresso Benefits With Rollup as a Service

![Telos.jpg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/Telos_8f639bd433.jpg)


## Start building on Telos, the new high performance Layer Zero.

Ankr is excited to announce a new addition to our RPC service: Telos, a swiftly growing Layer 0 ecosystem enabling ZK technology for high performance scaling and privacy.

This is great news for developers looking to get the jump on building on top of Telos for fast and stable chains and dApps! Users will be able to access Telos Public and Premium RPCs, make request calls, and receive information returns that are identical to the results they would get by running a node themselves.

[**Use the Telos RPCs now!**](https://www.ankr.com/rpc/telos/)

## What is Telos?

The Telos blockchain ecosystem is a Layer 0 “network of networks” was created to provide a scalable, secure, and user-friendly platform for building and deploying new dApps and networks.

- **Scalability for dApps:** Traditional blockchains often struggle with handling a high volume of transactions. Telos was created to overcome this hurdle, offering high transaction speeds (up to 15,200 transactions per second according to Telos) to support large-scale decentralized applications (dApps).

- **Fast and Near-Gasless TX:** Slow transaction speeds and high fees can be frustrating for users. Telos prioritizes fast and practically fee-less transactions to enhance user experience and encourage broader adoption.

- **Environmentally Friendly Design:** Energy consumption is a growing concern for blockchain technology. Telos is one of the most energy efficient blockchains in the world and is fully ESG compliant.

[**Learn more about Telos**](https://www.telos.net/)

## What Are Ankr’s New Telos RPC Connections?

- Ankr’s Telos RPCs (Remote Procedure Calls) connect your wallet, command-line interface, or dApp with Telos. They act as a messenger or blockchain router that relays on-chain information between Telos nodes, chains, and ultimately end-users so they can execute necessary tasks like transactions, populate wallet balances, fetch ownership information, and much more.

- Telos RPC endpoints are a gateway for developers to interface directly with Telos — a portal to communicate easily, remotely, and with no need to go through the DevOps of establishing their own Telos nodes.

- Ankr is providing a geo-distributed Telos RPC comprised of blockchain nodes running worldwide for incredibly low latency and reliable connections.

[**Get started now with our Telos RPC endpoints!**](https://www.ankr.com/rpc/telos/)

## How Do the Telos RPCs Help Developers?

Building with Telos is an excellent choice for creating high performance dApps, but requires access to the information on Telos nodes to do so. Therefore, Ankr’s RPC solves the following developer troubles:

**Eliminates complex node ops** - Ankr’s Telos RPCs will completely remove the need for developers to set up their own Telos nodes, removing hours of time spent building, calibrating, and fixing node issues.

**Grants access to advanced tools** -  Ankr’s [Premium RPC Plan](https://www.ankr.com/rpc/pricing/) instantly grants access to the best tools to build applications quickly, including:

- At least 90,000 Telos req/minute
- Dedicated Telos endpoints
- Prioritized requests
- Priority support portal
- WebSockets (WS) capabilities

**Powers chains, applications, and open-source software that need access to Telos** - Connect with a cluster of high-performance nodes that hold the information you need to build and operate applications with Telos chain capabilities.

**Supports the Telos network** - Ankr will strengthen the Telos network globally by offering easier development and a broader, decentralized node infrastructure.

## How to Make Your First Call to Telos

You can [get started building](https://www.ankr.com/rpc/telos/) on the Telos network by heading to Ankr’s RPC Service to make your first call! You will be able to use the Telos endpoint to call the chain using the standard EVM JSON RPC methods.

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram](https://t.me/ankrnetwork) |  [Discord](https://discord.ankr.com/) | [YouTube](https://www.youtube.com/c/AnkrOfficial) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Reddit](https://www.reddit.com/r/Ankrofficial/) | [All Links](https://id.tomo.inc/x@ankr)

Start using Ankr's Web3 API service to build dApps on the fast and efficient Telos EVM.

Build On Telos: Ankr’s Newest RPC Addition

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Ankr Team 

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Tyler is a Senior Product Manager at Ankr, driving the progress behind Scaling Solutions and Bitcoin Secured Infrastructure. His work is quickly reshaping the deployment of blockchain networks into a process that is fast, streamlined, modular, and asset-rich. Tyler’s substantial experience as a Web3 builder, advisor, and PM ensures clients secure not only the highest tier of infrastructure but also the expert management it takes to create breakout projects.


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Tagus Labs

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Ethan Nelson, a DeFi enthusiast and member of the Ankr Staking team, delves into DeFi topics with expertise. His insightful articles simplify complex concepts, empowering readers to navigate the dynamic world of decentralized finance confidently. Stay informed with Ethan's illuminating content on all things liquid staking and DeFi related.

Ethan Nelson

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As a seasoned technical writer, Galya Mikova excels at demystifying intricate blockchain topics. With a talent for simplifying complexity, she bridges the gap between complex technology and reader understanding, making blockchain accessible through her expertly crafted articles.

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Introducing Electroneum: Ankr’s Newest RPC Connection

Start building on Electroneum for enhanced speed, safety, and efficiency.

Using Liquid Staking Tokens (LSTs) for Optimal Loop Strategies

A Look at GPU Resources: Powering the AI Engine

Ankr Integrates Innovative Espresso Benefits With Rollup as a Service

Build On Telos: Ankr’s Newest RPC Addition

Start building on Telos, the new high performance Layer Zero.

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Introducing Electroneum: Ankr’s Newest RPC Connection

Start building on Electroneum for enhanced speed, safety, and efficiency.

Using Liquid Staking Tokens (LSTs) for Optimal Loop Strategies

A Look at GPU Resources: Powering the AI Engine

Ankr Integrates Innovative Espresso Benefits With Rollup as a Service

Build On Telos: Ankr’s Newest RPC Addition

Start building on Telos, the new high performance Layer Zero.

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