🏗️ ZK Scaling, New Mainnets and Stakin Slashing Insurance
🏗️ ZK Scaling, New Mainnets and Stakin Slashing Insurance
Your monthly Proof-of-Stake updates are here!
Another month has come to a close!
Happy Saturday, we’re excited to recap another month of staking activities for you. Let’s get straight to it.
📈 The Stakin Dashboard now provides Staking Reward Reports
We’re thrilled to share that the Stakin Dashboard offers Staking Rewards Reports for Ethereum, Solana, and Polygon. Our reporting tool lets you create reports for individual wallets or validators and multiple wallets simultaneously for one month.
By introducing these reports, Stakin aims to simplify the process of monitoring your staking rewards and facilitate seamless accounting procedures.
With the reports, we’re also introducing Stakin Pro - advanced seamless access and report generation solution for extended timeframes. With Stakin Pro, you can break free from period limitations and gain the ability to create reports for any desired period. Not only does Stakin Pro provide limitless reporting capabilities, but it also offers a comprehensive suite of tools, among which are staking APIs.
Next, some insurance and event news from the Stakin business development team.
Stakin To Offer Slashing Coverage Through Nexus Mutual
We are thrilled to announce that we offer enhanced guarantees for your staked assets through our partnerships with Nexus Mutual. As the leading provider of on-chain protection, Nexus Mutual enables slashing protection against penalties on the Ethereum network. With a coverage limit of 1-10 ETH per validator and a capacity of approximately 14,000 validators, you can trust that your assets are well-guarded. Quotes are available upon request–coverage can range from 30 to 365 days; please get in touch with our team here.
Stakin Visited The Aurora Conference and Blockchance 2023
We want to thank the organization of the Aurora Conference for hosting us and letting our COO, Henri Allik, share his enthusiasm for staking with the world. We had a blast visiting the conference in Helsinki on the 4th of June. Furthermore, we’d like to thank everyone who came out to Blockchance 2023; meeting you all was great! See you soon at ETHcc in Paris.
Here’s what else happened in Proof-of-Stake during June:
Agoric Launched Mainnet-1B
SKALE Introduces the Levitation Protocol
The Introduction of Polygon 2.0
Avail Launches Kate Testnet
Archway Mainnet is Coming Up!
Agoric Launched Mainnet-1B
During June, Agoric successfully upgraded to Mainnet-1B. The long-awaited update includes a significantly improved experience for node operators, a reliable price feed, and the ability to upgrade contracts.
SKALE Introduces the Levitation Protocol
A significant milestone is coming from the SKALE Network. To further the innovation and breadth of the SKALE Network, they introduced the Levitation Protocol, a fully-decentralized ZK scaling solution designed to revolutionize zero-knowledge proofs by enabling a full host of ZK solutions to connect seamlessly into the SKALE Architecture with rollup connectivity to the Ethereum Mainnet.
The Introduction of Polygon 2.0
More news on the ZK scalability front. Polygon has unveiled Polygon 2.0, a new vision aimed at achieving unlimited scalability and unified liquidity with the help of ZK technology. The central idea behind Polygon 2.0 is to transform every Polygon chain into a ZK L2, enhancing its capabilities.
To address this, Polygon has suggested a change from Polygon PoS to zkEVM validium, a pioneering decentralized L2 solution fortified by zero-knowledge (ZK) proofs.
Avail Launches Kate Testnet
In great news for those fans of Modular blockchains. Avail launched the second phase of the Kate Testnet on June 7th, bringing the network one step closer to its Modular Mainnet. The second phase of the Testnet focuses on incorporating features like light clients and KZG commitments for eahnaced data availabiliy and network resilience. Learn more about Avail here.
Archway Mainnet is Around the Corner!
Mark your calendars as Archway Mainnet is launching this Monday, the 3rd of July, at 12 PM UTC!! Don’t miss it!
Archway is an incentivized smart contract chain for Cosmos that allows developers to easily construct high-performance DApps while being compensated for the value they add to the network.
Stakin will be Genesis validators for Mainnet. We’re looking forward to supporting the Cosmos Hub chain and contributing to seeing the ecosystem thrive.
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.