Introduction

Neemo Finance is a liquid staking protocol on top of Soneium, an innovative Layer 2 network built using the OP Stack on Ethereum. Sony Block Solutions Labs is building this coming-of-age chain - set to revolutionize the web3 industry.

Sony is one of the world's oldest and most dominant companies, with a market capitalization of Sony Group hitting a whopping $108B. This is a testament to the Sony Group's growing strength, which spans multiple dimensions and fields including entertainment, financial services, gaming, electronics, and much more. Sony’s foray into the world of blockchain is a pivotal step forward for widescale web3 and blockchain adoption. Their astute choice of building a capable Layer 2 solution on top of Ethereum is a testament to their fundamental understanding and awareness of blockchain and its capabilities.

Thanks to our long-standing partnership with Astar Network and Startale, we’re humbled and proud to be building the very first liquid dApp staking solution for Astar Network on Soneium. Liquid staking is the most fundamental DeFi application that enhances the underlying network, while unlocking liquidity for users. This achieves two things:

  • It bolsters the underlying network’s stabilities, and

  • Spurs DeFi innovation on top of the chain, recycling value back to the chain and its applications.

This documentation includes dApp staking on Astar, how users can stake their ASTR in a single click on Sonieum, our ongoing Loyalty Program, and how to begin your staking journey on Neemo Finance. Feel free to browse the sections using the left pane.

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