Discover more from Stakin Proof-of-Stake Roundup
📈 Staking rewards updates!
Stakin's monthly newsbites are here
Good afternoon, and happy Saturday. As February has ended, and we’re getting ready to close the quarter with a bang, we took some time out of our day to bring you the latest highlights. So, if you’re wondering which Proof-of-Stake testnets we joined last month and which amazing launches happened, keep reading!
First things first, we’re excited to announce the launch of the brand-new Stakin website! The website offers a modern look, fascinating new features, and easy access to blockchain networks and staking information. Visitors may better manage their staking activity and find what they seek using this redesigned website. Our enhanced website reflects who we are as a company and better showcases our product offering while providing a seamless user experience.
👉👉 Don’t just take our word for it; go to stakin.com and find out for yourself.
What’s more?! We also launched our very first Crew3 community program for retail delegators. The Crew3 platform, combined with the Stakin Discord, creates a new way for community members to engage with different staking solutions, the Stakin team, and its content. If you’re interested in participating, please go to: https://crew3.xyz/c/stakin/questboard
Time to get your $ETH Staking Rewards!
Yes, it’s almost time to get your hands on your staking rewards for Ethereum. As the Shanghai upgrade comes closer and closer - expected to be launched in March 2023) - so grows the anticipation within the community. Many speculate on what the unlock will do to the price of $ETH, its derivitatives and what it means for the blockchain ecosystem itself. We at Stakin look forward to seeing how it all plays out, and as a dedicated validator, Stakin is involved in Ethereum testnets and preparing its infrastructure for the upgrades. We’ll be ready to process these, and exit any validator within 24 hours as requested by our customers. If you’re interested in a custom ETH staking solution, please contact us via email@example.com.
To read all about the Ethereum Shanghai upgrade and what it entails, have a look at the article we published recently.
Another month, another testnet to launch! This February, Stakin joined the Dymension 35-C Testnet. Dymension is a network of modular blockchains; within each blockchain, a specific function is handled by a network of specialized chains. Specializations include data availability, execution, consensus, and settlement. Dymension aims to empower the creation of scalable applications. It’s the home of the RollApp chains: application-specific rollups, lightning-fast consensus-free networks built to serve specific use cases, and DApps.
On other network news, Stakin has decided to increase its staking fees for the Zilliqa network to 4%, in line with the minimum network fee set by Zilliqa. Furthermore, we also increased our fee for Agoric $BLD staking to 5% as of the 1st of March, 2023. Finally, Stakin will discontinue its support for E-Money $NGM staking from the 30th of March, 2023. If you are currently staking $NGM with us, we ask you to please undelegate and restake with another validator.
🔎 If you’d like to keep better track of your staking portfolio, APY, and staking rewards, we’d recommend you have a look at the Stakin Dashboard. Allowing you to track all your rewards across multiple networks in one place:
In other great news, Stakin welcomes its newest team member: Federico Tocanne. Federico will join us as an experienced Business Developer with an outstanding history of great performance within the blockchain ecosystem.
When we asked him how he felt about joining the Stakin team, he said: “Very excited to join the Stakin team and continue my journey in the crypto space. I was impressed by what the team managed to build, their veteran experience, and what is planned for the future. My focus will be on amplifying Stakin's institutional presence and providing all our delegators with a better suite of products and tools. Stay tuned for what's coming. WAGS💪! (We Are All Gonna Stakin)”.
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.