Stakin Is Glad To Announce We Will Be Offering Staking Services as Validator on Axelar Network
Stakin is delighted to announce that we’re offering active staking services for Axelar Network. Axelar is the universal decentralized interoperability network connecting all blockchain ecosystems, applications, assets, and users.
Following a series of updates in January 2022, the network announced that they would be rolling out Mainnet in February 2022. Axelar's interoperability protocol will connect and facilitate asset transfers and information transit between leading blockchain networks such as Ethereum, Cosmos, Terra, Moonbeam, Fantom, and Avalanche after the rollout phase is complete and the open, permissionless network is deployed.
From the introduction of the Axelar Mainnet, developers will be invited to build directly on top of the Axelar network through the unique APIs and the Axelar Software Development Kit (SDK), which will become available in February 2022. Axelar will also release Satellite, a sample application that allows for the seamless movement of assets between the Ethereum, Terra, Avalanche, Moonbeam, and other ecosystems. Axelar's Satellite DApp will give end-users an immediate outlet for cross-chain asset transfers, while also providing insight into the kind of DApps that developers will be able to create.
Stakin is happy to endorse the Axelar Network as a validator among over 28 other blockchain projects such as Cosmos, Terra, Solana, Polkadot, and Polygon. We look forward to contributing to the ongoing refinement and growth of the blockchain and assisting in the achievement of its goals.
Tiago Machado, Co-Founder and CTO of Stakin:
“Axelar built an impressive opportunity for developers to build interoperable DApps on Axelar Network like never seen before, and we know that decentralized interoperability is still starting and being able to support it as Validators leaves us super proud and excited.”
Stakin’s address on Axelar Network is: axelarvaloper1uf7s2v44qqpe9lpnsjy6cfjueqytakuzayfg0h
About Axelar Network
Axelar is a scalable cross-chain platform that intends to connect several blockchains and networks that use different languages, as well as to provide a uniform approach to cross-chain communication that fits the needs of both platforms and developers.
Axelar does not necessitate additional effort from platforms and application developers during integration – one simple protocol or API from Axelar opens the door to global liquidity and connectivity with the whole ecosystem. This means that blockchains, DApp developers, and users can simply connect into Axelar to interoperate effortlessly in a blockchain ecosystem.
Stakin is an infrastructure operator for Proof-of-Stake (PoS) public blockchains, offering noncustodial delegation services. The company enables PoS cryptocurrency holders to earn interests on their holdings and participate in decentralized governance while remaining in possession of their cryptocurrencies.
Stakin serves institutional crypto players, foundations, custodians, exchanges as well as a large community of retail token holders. Driven by demand from institutional customers and the community, Stakin provides services for multiple blockchains, including leading ecosystems such as Cosmos, Solana, Polygon, Polkadot, and more.
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.