Discover more from Stakin Proof-of-Stake Roundup
Cosmos upgrades, Kava Liquid Staking, Ethereum, Stakin Dashboard and more..
If you’re a long-term newsletter recipient, you probably have noticed something different. Well, you’re right. After writing 54 newsletter editions, we’ve sat down and readjusted some of the ideas surrounding it. Therefore, we’ll now be sending out our newsletter monthly. While we’ll still include lots of Proof-of-Stake news, we will also focus more on what’s happening behind the scenes at Stakin. So, thank you for sticking with us, and let’s dive right in.
Stakin Dashboard Updates
Not so long ago, Stakin introduced the Stakin Dashboard. With the launch of the dashboard, we aim to give users a single, unified place to view their entire staking portfolio across different networks and easily monitor their rewards. The dashboard offers insights into your Proof-of-Stake investments and APY performance. Additionally, it tracks the current trading price of your assets. The Stakin dashboard delivers easy-to-read staking data for multiple networks in one view.
To get started, sign-up here!!
Naturally, our development team continues to build upon the initially launched dashboard to improve and enhance the platform. Recent adjustments made are:
Possibility to add a name to an address.
A confirmation modal is shown when deleting an address.
Various fixes and improvements.
Stakin Tech Updates
The main upgrades and adjustments for the 38+ Networks that Stakin operates on this month were:
Dragonberry vulnerabilities and patches on the Cosmos Network. After the Binance Chain hack, both Cosmos and Osmosis teams discovered that security vulnerabilities impacted all IBC-enabled chains for all versions of IBC. Luckily, all Cosmos Hub teams rapidly acted and coordinated with validators to ensure that all significant chains were patched. Members of the Informal Systems, Interchain GmbH, and Osmosis teams have been coordinating with a majority of the chains in the interchain. A public version of the patch was released in the CosmosSDK v0.45.9 on Friday, October 14, 2022.
In other Cosmos-based news, Kava 11 Liquid Staking Mainnet passed all audits and testing and thus went live on the 26th of October at 16:00 UTC. The upgrade aims to grow TVL through liquid staking and Kava EVM assets. Furthermore, new Kava Earn and liquid staking features will be introduced. Allowing stakers to earn more rewards on top of their staking rewards. That’s not all; stakers are now also able to boost rewards by supplying $bKAVA. Finally, developers can sign SDK transactions for Ethereum assets in one MetaMask wallet, thanks to the new upgrade.
Last but most definitely not least. If you’re interested in the ICON Network, there’s a great opportunity to participate in the SNOW Airdrop for $ICX Stakers. For those unaware, SNOW is the community-governed canary network to ICE. As extension layers to the ICON blockchain, ICE and SNOW parachains are optimized to facilitate interoperability between the ICON and Polkadot ecosystems. Through ICE and SNOW, Polkadot will be bridged not only to ICON but also to Binance Smart Chain, NEAR, and Harmony, amongst others, through BTP–ICON’s interoperability protocol. Go to the official website to see if you’re eligible for the airdrop.
Teaching Crypto In the Dominican Republic
In a new initiative, Andres, Ethereum, and Polygon Protocol Wizard at Stakin have taken over the classrooms of several schools in the Dominican Republic to teach the next generation about cryptocurrencies, blockchain, staking, NFTs, and of course, DeFi. Teaching the next generations about blockchain technology is a vital part of speeding up real-world blockchain adaptation. Stakin is thrilled to be able to play a role in this process. For more info or to keep up with the classes, you can follow Andres on Twitter via the link below.
Stakin Sits Down With ATOM 2.0 Advocate Youssef Amrani
In another great turn of events, Stakin Cosmos Ecosystem Wizard Robert sat down with Youssef Amrani, advocate, and contributor to the Cosmos Hub and ATOM 2.0, advisor at the Inter Protocol, and Agoric. They were able to discuss the future of the Cosmos Hub, the brand-new whitepaper, and more. See the full conversation in the video below.
Stakin Joins Aptos Mainnet
Stakin is pleased to announce that as a Mainnet Genesis participant, we are now providing staking services for Aptos Network. Aptos is a Proof-of-Stake blockchain that uses the Move programming language to create a scalable layer-1 blockchain solution. The network adds critical new features to the PoS ecosystem, such as Hybrid Custody, parallel execution, and horizontal throughput scalability.
Over the last three years, over 350 developers worldwide have worked on the Aptos blockchain. It introduces new and innovative ideas in consensus, smart contract design, system security, performance, and decentralization. According to the Aptos team, these technologies will serve as a foundation for bringing web3 to the masses. For more information, have a look at the full announcement.
Stakin’s Team Sat Down With Cosmos Citizen
More talks, more connecting, the Cosmos Ecosystem is a busy one. On October 12th, Stakin CEO and Co-Founder Edouard Lavidalle, Protocol Wizard Robert Del Rey and Head of Marketing Gisele Schout joined the Cosmos Citizen Odyssey Live Stream to chat about validating the Cosmos ecosystem. To listen to the conversation, check out the video below.
Stakin Joins Eden Network as Validator
In October, Stakin also joined the ever-growing network of Ethereum validators connected to Eden Relay. Eden Network is dedicated to reducing the negative externalities associated with MEV (Miner/Maximally Extractable Value). At the same time, they want to ensure that validators have access to tools that will allow them to extract the most value from the remaining opportunities. Stakin is thrilled to have joined the validator pool and is looking forward to the next steps.
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.