Stakenet is by far one of the most promising projects I've seen as of lately. You'd have to have followed the project to truly understand it's potential, but I'll try to explain it briefly here.
Stakenet is working with 2 second layer protocols - The Lightning Network, and The Raiden Network. Both of these protocols makes
BTC and ETH transactions instantaneousHere's what they've achievved thus far:
1) They helped the Litecoin team with Lightning Network integration on the LTC chain.
2) Stakenet is the industry leader in terms of Lightning Network developments, building and improving the technology in a way that benefits everyone - Investors as well as consumers. Their new Lightning DEX, which is an integrated part of a multi currency wallet they've been working on for the past year is bound to be a huge success for the following reasons:
Speed
Ease Of Use
Option To Hold And Trade Multiple Coins
Trade Through Binance, Bittrex, Kraken and many other exchanges WITHOUT ever logging in to any of these exchanges.- This is done through liquidity providers who runs trading API's anyone can tap into and use for their own, as well as the liquidity providers benefit.
The whole eco-system is ran by masternodes, who will do the dirty work (routing transactions back and forth over the Lightning Network + The Raiden Network), this means that Lightning + Raiden node operators already have an incentive to keep them running, since the masternodes is profitable to run from the get-go already.
USDT, Ethereum (and it's tokens) will be integrated as well.
This is just a small, yet important part of Stakenet.
Stakenet invented cold staking, which means that you can stake XSN through their "Trustless Proof Of Stake" protocol.
Please do yourself a favor, and watch this small presentation video which demonstrates how the DEX actually works:
https://www.youtube.com/watch?v=wSNFhFBKmscStakenet is likely to take ALL the liquidity from Uniswap, and reward it's holders with transaction fees. Want to get in on that? Well then you gotta take a better look into this project.