Here's what went down at Stakin and in the Proof-of-Stake Ecosystem
Happy Saturday staking enthusiasts, it’s been an eventful couple of weeks at Stakin and in the Proof-of-Stake ecosystem. Let’s dive right in! These weeks:
- Stakin Introduces The Stakin Dashboard
- Stakin Joins Zilliqa as Staked Seed Node Operator
- Stakin Joins Razor Network as Institutional Validator
- Sui Blockchain Incentivized Testnet
- Proof-of-Stake Validators Decentralization Discussion
- Stakin Prepares for Ethereum Merge with MEV Boost on Goerli Testnet
- deBridge Introduces deBridge SDK
- NEAR Wallet To Become Multi-Wallet
Stakin Introduces The Stakin Dashboard
We are excited to announce the release of our brand new staking dashboard. With the introduction of this dashboard, we are providing users with a single, unified location to view their entire staking portfolio across multiple networks and easily monitor their rewards. The simple-to-use dashboard provides insights into your Proof-of-Stake investments and APY performance with quick access. It also monitors the current trading price of your assets. The Stakin dashboard displays staking data for multiple networks in a single view.
- To get started, sign-up here: https://dashboard.stakin.com/
For more information, have a look at the full announcement:
Stakin
Stakin Joins Zilliqa as Staked Seed Node Operator
We are pleased to announce that Stakin has been added to the Zilliqa Staked Seed Node (SSN) Operator set. Stakin, as an SSN operator, will provide reliable infrastructure to the network and aid in the development of the blockchain ecosystem. Zilliqa is a scalable smart contract platform designed to alleviate the blockchain industry's congestion. To achieve parallel transaction processing while maintaining a large number of public nodes, Zilliqa employs a novel sharded architecture. As a result, Zilliqa is a decentralized and secure blockchain capable of high throughput and complex computations. More information can be found here.
Stakin Joins Razor Network as Institutional Validator
As Razor Network Alpha prepares for launch, Stakin joins the Validator Network. The Razor network is a decentralized oracle network. The Razor Network is made up of validators who "Stake" their tokens and provide data to the network. Those who report incoherently are penalized, while those who report honestly are rewarded. As an addition to the list of institutional validators supporting Razor Network, Stakin will help by increasing the reliability of real-world data streams supplied by the Razor oracle network to blockchain projects.
Sui Blockchain Incentivized Testnet
This August, Sui Blockchain kicked off its Incentivized Testnet. Sui is a permissionless Layer 1 blockchain designed from the ground up to enable creators and developers to build experiences that cater to the next billion users in web3.
The Sui Testnet will gradually evolve from the first multi-entity Sui network to a decentralized mainnet run by an evolving set of independent and distributed validators. The Testnet will slowly add and stress-test the key features and mechanisms required for a production-ready decentralized Sui network. The Testnet aims to validate our designs, put the validator, full node, wallet, and developer toolchains through their paces, and gain operational experience with a cohesive group of high-quality operators, among which Stakin.
Proof-of-Stake Validators Decentralization Discussion
In a recent Twitter Spaces of Stakin, validators from the Cosmos Ecosystem came together to discuss “decentralization” and how to approach this. We’d like to once again thank all participants for joining. If you missed it, have a look at the link below.
It was an amazing space!
— Stake&Relax Validator (@StakeandRelax) August 22, 2022
Great topics where discussed.
Summarized:
- We need a dashboard which shows contributions of Validators!
- Which marketing tactics are there & could they be dangerous?
- Education of Delegations are necessary.
- Decentralization of Val set is important. https://t.co/rP93Jsw8hm
Stakin Prepares for Ethereum Merge with MEV Boost on Goerli Testnet
In anticipation of the Ethereum Merge, Stakin is now MEV-ready. With the arrival of The Merge, Ethereum will finally, after years of anticipation, transition to proof-of-stake, where staking will be commonplace, allowing all token holders to earn rewards while reducing the protocol's environmental impact.
MEV is expected to increase post-merge rewards; by far, Flashbots introduced the most prominent implementation of ethical MEV as MEV-Boost. Stakin is testing MEV-boost on the Goerli testnet, which has the potential to increase overall delegator staking rewards.
For more information on the Ethereum Merge and MEV, have a look at our article.
Stakin
deBridge Introduces deBridge SDK
Recently deBridge announced the deBridge deSDK, a framework-independent software development kit that allows anyone to send, track, and claim any cross-chain messages programmatically using the deBridge protocol. It is now safer and easier to go cross-chain and create entirely new types of cross-chain applications and primitives using deSDK. The deSDK is available on their Github page.
NEAR Wallet To Become Multi-Wallet
The NEAR Foundation announced on July 29th that wallet.near.org would be transformed into a new multi-wallet portal and that the NEAR Wallet team would split off to form its own entity. This is part of the NEAR Foundation's ongoing mission to cultivate a rich and vibrant ecosystem capable of constructing and maintaining its core components.
The original plan was to start transitioning wallet.near.org into the multi-wallet portal on August 17th. However, in response to community feedback following the wallet.near.org transition announcement on July 29th, the MyNearWallet team, Pagoda, and NEAR Foundation realized a rethink was required to ensure the best possible user experience. Nevertheless, the multi-wallet is still in the makings and we’re looking forward to seeing what it will become.
DISCLAIMER: This is not financial advice. Staking, delegation, and cryptocurrencies involve a high degree of risk, and there is always the possibility of loss, including the failure of all staked digital assets. Additionally, delegators are at risk of slashing in case of security or liveness faults on some protocols. We advise you to do your due diligence before choosing a validator.
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