Algem.io is a decentralized liquid staking platform built on the Polkadot ecosystem, allowing users to stake assets while maintaining liquidity through Web3 technologies. It enables participants to earn staking rewards without locking up their tokens, offering flexibility to engage in DeFi activities like lending and yield farming. By providing custodial, liquid staking, Algem empowers users to maximize capital efficiency and compound their returns, positioning itself as a key player in the decentralized finance space within the Polkadot network.
