Babylon testnet operations, a Top 5 Polygon validator, Airdrop alerts, and more
Welcome to the latest installment of the Stakin monthly newsletter, packed with curated news and updates around infrastructure developments at Stakin, airdrop alerts, latest partnerships, and more.
The tiniest month of the year has been nothing short of exciting, so let’s dive in….
Long live the King
Today $BTC raced past the $64,000 mark. It is also worth noting that February marked the largest $BTC green monthly candle in history.
There’s a consensus in the investment community that the approval of spot $BTC ETFs (Exchange-Traded Funds) is the main driver behind this recent rally.
Stakin launches testnet validator operations on Babylon
Babylon is a Bitcoin staking protocol that lets $BTC holders stake their coins on proof-of-stake blockchains and earn rewards.
This means that $BTC becomes a staking asset on Proof-of-Stake (PoS) networks, which is nothing short of revolutionary.
The launch of validator operations on Babylon’s testnet reflects our core value of providing infrastructure support to the most promising Web3 projects from their earliest days.
Stakin is a Top 5 Polygon validator
Our commitment to technological excellence and reliable staking services is being acknowledged by the best in the blockchain industry.
As per Polygon’s February 01 staking report, Stakin is among the Top 5 staking providers ranked by the number of total delegators - Currently at #3.
With the trust of our vibrant community of stakers, becoming #1 is right around the corner.
Our Public SSV node is live
SSV Network is a provider of decentralized validator infrastructure, which contributes to enhanced resilience, uptime, and decentralization of the Ethereum network.
In plain English, you can now stake your $ETH on SSV Network while choosing Stakin as an operator.
Doing so gives you the perfect combo of SSV Network’s decentralization and resilience and Stakin’s renowned reliability.
Stakin partners with Tenderize V2
This collaboration brings an exciting opportunity for $MATIC holders, offering a competitive 4.87% APR.
Our partnership with Tenderize not only enhances your staking rewards but also lets you earn $HATS points and eligibility for the $WAGYU airdrop.
Stakin partners with Genesis LRT
Genesis LRT is an Ethereum restaking protocol supporting the EigenLayer framework by acting as a liquidity aggregator for the ecosystem.
By being a part of Genesis LRT’s node operator network, Stakin contributes to its Distributed Validator Technology (DVT) integration.
In plain English, this move is yet another proof of Stakin’s commitment to contribute to a more decentralized and secure Ethereum infrastructure.
Stake your ETH with StakeWise for 0% commission on staking rewards
Last month we introduced our $ETH Vault on StakeWise with 0% commission on staking rewards.
StakeWise is a DeFi protocol that provides liquid staking for $ETH. By staking your $ETH with StakeWise, you receive a liquid-staked $ETH derivative which can be used in various ways within the DeFi ecosystem.
Airdrop alert for our Celestia stakers
If you stake $TIA, you are eligible for the Altlayer’s $ALT airdrop, which started on February 20 and ends on March 05.
Starting 08:00 UTC on 20 February 2024, the claim portal is accessible at
under the Celestia tab.
Latest on the Stakin blog:
See you next month.
– Blaze | Stakin