💧 Why SUI is the Next Big Thing, Improved Staking Dashboard, and more…
💧 Why SUI is the Next Big Thing, Improved Staking Dashboard, and more…
Hello Stakin Community! 👋
September is over, and it’s time to give you the latest news:
SUI is emerging as a new blockbuster chain: let’s learn more about it;
Stakin Dashboard now supports 3 new networks;
MATIC to POL migration, new Articles, and other news...
SUI and its growing Ecosystem
Some networks emerge and fade away, but others stay and increase their relevancy in the blockchain space. SUI is one of the most persistent chains that keeps expanding its scope and getting everyone’s attention. Let’s check why SUI could be the Next Big Thing.
About Sui
Sui, developed by Mysten Labs, is a highly scalable and developer-friendly Layer 1 Proof-of-Stake permissionless blockchain which boasts remarkable speeds and low operating costs, plus it also supports a variety of application developments. Sui's innovative features, such as object-centric design, programmable transaction blocks, transaction processing, horizontal scalability, and Sui Move, make it a unique and exciting platform.
Staking and DeFi
You can earn passive income on your $SUI by staking and earning rewards. In this guide, you’ll find a step-by-step explanation for all your favorite Sui wallets: Sui Wallet, Suiet, Martian, and Ethos Wallet.Â
Sui features a unique consensus mechanism to increase transaction throughput and minimize latency. As a result, Sui is well-suited for a range of applications, particularly in the rapidly expanding area of Decentralized Finance (DeFi).
Gaming and Dedicated Handheld Console
SUI aims for a smooth gaming experience, seamlessly playing and integrating all the blockchain potential (tokens, NFTs, assets ownership…). To validate their vision, they will launch on 2025 the SuiPlay0X1, a highly anticipated handheld gaming console. Pre-orders opened recently. Learn more about the current SUI Gaming Ecosystem.
Avail, BounceBit and Synternet now on Stakin Dashboard
The Stakin Dashboard, our platform where you can track several networks, get staking reports for selected chains and stake through Fireblocks, is adding 3 new blockchains: Avail, BounceBit, and Synternet.
New Network supported by Stakin
We are thrilled to announce that we now support Story Protocol (IP) as testnet infrastructure operator.
MATIC to POL migration
On September 4th, POL was officially launched. While POL is intended to fully replace MATIC, MATIC and POL will coexist and both serve for consensus and staking.
Friendly Reminders:
If you are staking MATIC, your MATIC tokens will automatically remain staked and be withdrawable as POL in the future. 👉 You do not need to manually migrate into POL in order to keep staking or move your MATIC to POL. All the information and instructions will be available as soon as the POL Staking is officially revealed and launched.
🚨Security Warning: Be aware of unofficial links shared on social media, as there have been scamming activities. Just trust official accounts, like @0xPolygon and us @StakinOfficial.
If you have any other doubt, reach us. Stay safe.
More articles for you:
👋
See you next month,
— team Stakin