Sometime during 09/10/22 - 09/20/22, the Ethereum Mainnet will merge with the Beacon Chain proof-of-stake (PoS) system. This will mark the end of proof-of-work (PoW) for Ethereum, and the full transition to PoS. Staked will manage the entire validator upgrade process, including the addition of MEV software to earn MEV fees. No action is necessary for stakers.
Transfers and withdrawals of ETH from the Beacon Chain will remain disabled until the Capella hard fork, 3 - 6+ months post merge. As a result, staked ETH and validator rewards on the Beacon Chain will remain locked until then.
Post-merge, Ethereum validators will continue earning rewards for block proposals and attestations. Importantly, validators will also start earning the transaction fees and MEV currently earned by PoW miners.
Unfortunately, the ETH2 key (BLS) used for the withdrawal credentials in staking deposits can't receive funds. These addresses are only designed for signing consensus messages, but can’t sign transactions. The option to upgrade from ETH2 credentials to a standard ETH address on-chain will be available in the Capella hard fork, 3 - 6+ months post merge.
For security purposes, Staked can only distribute the transaction fees and MEV to verified ETH addresses. As a result, stakers will earn the new fees and MEV, but won't receive them until upgrading their withdrawal credentials on-chain. A complete accounting of all validator rewards will be available via Staked’s reporting.
Stakers who used a standard ETH address in their staking deposit will receive the new fees and MEV on a bi-weekly cadence immediately post-merge.
To account for the new fees and MEV earned by validators, Staked will be moving to a commission-based pricing model. Post-merge, Staked will charge a 10% commission on all rewards and fees earned by validators (validator + transaction fees + MEV). Stakers will earn 90% of all rewards and fees. Staked will cancel all existing recurring subscriptions as of the merge.
Staked will charge a percentage that is equal to 10% of all rewards (validator + transaction fees + MEV). To remain non-custodial, Staked will collect this fee from the transaction fees and MEV earned by the validator (and not from the rewards distributed at the protocol layer to the validator). All rewards distributed at the protocol layer to the validator (sync committee, block proposals and attestations) will continue accruing to the validator. Because Staked will charge this fee on the transaction fees and MEV only, the percentage will be higher than 10%.
Stakers on the 1-time payment plan will only pay a 10% commission on transaction fees and MEV until transfers are active. They will not pay a commission on validator rewards (sync committee, block proposals and attestations). Once transfers are active, Staked will charge a 10% commission on all rewards and fees earned by all stakers.
Tornado Cash Sanctions
Staked believes in the importance of crypto being censorship-resistant and permissionless. As a leading ETH validator we are carefully monitoring the discussion on the potential implications of Tornado Cash sanctions for validators.
FAQs
As a result of regulatory uncertainty in the United States, Staked will be shutting down the Robo-Advisor for Yield service (RAY) on November 1, 2022. RAY was an innovative experiment that worked well for depositors. Every depositor made money, earning a higher yield than they would have elsewhere. We’re disappointed that RAY will be shut down, but the landscape has evolved rapidly and the cost of dealing with undefined regulations is too great.
We kindly request that you withdraw your funds from RAY as soon as possible. On November 1, 2022, we will use our administrative keys to return all deposits to depositors, remove access from the Staked.us website and turn off the oracles that update RAY on a regular basis.
The RAY smart contracts remain open source and available for anyone to carry the torch. The Github repo is available here: https://github.com/Stakedllc/robo-advisor-yield
Seeking Yield by Staked - Issue 96: ⛓️ Tracking ETH2, ✅ Solana Rewards, 📊 State of Staking Report Q1 2021, 📊 Current Staking and Lending Yields, & More
The purpose of this section is to track the progress of ETH2 development.
Over $5.0 billion worth of ETH has now been staked! Some stats:
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
Get excited SOL holders! Staking rewards are expected to be activated in the next week! The community governance process to enable inflation (and staking rewards) on mainnet started on 01/29, is expected to be completely as early as Tuesday 02/09, but more likely by 02/15.
The proposed inflation rate is 8% in year 1, and set to decrease 15% year-over-year. The current stake rate is 29.7%, (144.9M staked SOL / 488.6 total current SOL supply), resulting in a staking yield of 26.9% (.08 inflation / .297 stake rate).
Staked has been operating a top performing validator on Solana testnets & mainnet beta for 1+ years. Stake now to ensure you are eligible to earn staking rewards as soon as they are live!
Learn more:
Staked highlights what investors need to know about staking. State of Staking covers high-level economics, the breakthroughs and launches made in 2020, and the trends investors should watch in 2021 to stay on top of one of the hottest trends in crypto.
Read it now!
Learn more:
👉 Download the State of Staking report
Staked currently supports 30+ different proof of stake crypto assets including Ethereum, Cosmos, Polkadot, Algorand, Tezos, Dash, Orbs, Livepeer, Factom, Terra, Kava, Cardano, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Staked chased technical performance over double-signing robustness and that’s not a good trade off. No customers were harmed in this interaction but it was an expensive lesson for Staked and we are sharing our learnings in case they help others.
75 Staked-run validators were slashed on February 2. This was a Staked technical issue, so our customers will be fully compensated. But what went wrong and how can you learn from our mistakes?
We made the mistake of chasing attestation performance at the expense of reliability in attestation. Even though we have an internal mantra to always choose robustness over downtime, we still went awry.
ETH2 has led to a new set of performance criteria. The block explorers all publish attestation rate (the percentage of time you successfully sign blocks when you are scheduled to do so). This impacts customer revenue, so we've been very focused our customers earn the highest yields. That means a sharp focus on this chart:
Over the past six weeks, we have rolled out a set of performance improvements to deliver a higher attestation rate. We test those using a "canary" environment and roll them out to a broader set of validators.
We’ve identified a number of items that helped us improve significantly, two of which matter for this discussion:
This combination led to our undoing. We attempted to scale up the number of beacon nodes to get better performance. While we had tested in our canary environment, the production load that we were trying to alleviate behaved differently, causing our validators to restart more frequently than we'd seen in testing. Because we had disabled the persistence of #1 above, these validators signed a second version of the same blocks: a major issue that led to a slashing event.
Obviously, we should not have disabled the persistence of Prysm's database in pursuit of better performance. The performance gains we achieved weren't worth the additional risk we inadvertently added. While this seems obvious, we thought we had reliable protection via Consul. But a belt-and-suspenders approach here would have been more prudent.
Testing for scale is hard. We should have ensured new beacon nodes were fully-synced and connected to lots of peers before allowing them to connect to validator clients. This is hard to do on existing testnets, but we should have developed an internal version to test this.
We are now persisting the Prysm slashing DB to validators running in all five regions, so this issue can’t happen again.
We have instituted new changes to the way we deploy new beacon nodes such that they can't participate with validators until they are fully-synced.
Staked will reimburse clients for both slashed ETH and lost rewards. We will contact impacted clients with details on how this will happen.
On a more personal note, Seth (CTO) and Tim(CEO) drafted this, this sucks and we're sorry. We let customers down and need to do better. We will get better and deliver the reliability you should expect from Staked.
Seeking Yield by Staked - Issue 95: ⛓️ Tracking ETH2, 🖥️ State of Staking Webinar Recording, 📊 State of Staking Report Q1 2021, 📊 Current Staking and Lending Yields, & More
The purpose of this section is to track the progress of ETH2 development.
Over $4.0 billion worth of ETH has now been staked! Some stats:
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
A recording of the webinar is available below!
Learn more:
Staked highlights what investors need to know about staking. State of Staking covers high-level economics, the breakthroughs and launches made in 2020, and the trends investors should watch in 2021 to stay on top of one of the hottest trends in crypto.
Read it now!
Learn more:
👉 Download the State of Staking report
Staked currently supports 30+ different proof of stake crypto assets including Ethereum, Cosmos, Polkadot, Algorand, Tezos, Dash, Orbs, Livepeer, Factom, Terra, Kava, Cardano, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Seeking Yield by Staked - Issue 94: ⛓️ Tracking ETH2, 📊 State of Staking Report Q1 2021, 📰 Staked Media Mentions, 🖥️ State of Staking Webinar, 📊 Current Staking and Lending Yields, & More
The purpose of this section is to track the progress of ETH2 development.
Over $3.5b worth of ETH has now been staked! Some stats:
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
Staked highlights what investors need to know about staking. State of Staking covers high-level economics, the breakthroughs and launches made in 2020, and the trends investors should watch in 2021 to stay on top of one of the hottest trends in crypto.
Read it now!
Learn more:
👉 Download the State of Staking report
Cryptocurrency Staking Rewards Top $20 Billion in 2020: Report
“I'd expect the yield from staking to come down over time as people get comfortable with the risks and staking gets easier. But I also think the most successful projects will actively think about ‘monetary policy’ for their chains, ensuring the right balance between security and inflation.”
Staked found that staking across various blockchains earned an average weighted yield of 11.2% per year, a healthy return compared to the less than 3% average dividend yield provided by the S&P 500 over the last decade, according to Investopedia.
Learn more:
Staked currently supports 30+ different proof of stake crypto assets including Ethereum, Cosmos, Polkadot, Algorand, Tezos, Dash, Orbs, Livepeer, Factom, Terra, Kava, Cardano, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Seeking Yield by Staked - Issue 93: ⛓️ Tracking ETH2, 📰 Staked Media Mentions, 🖥️ State of Staking Webinar, 📊 Current Staking and Lending Yields, & More
The purpose of this section is to track the progress of ETH2 development.
Over $2.8b worth of ETH has now been staked! Some stats:
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
Fireblocks Rolls Out Staking Rewards for Eth 2.0, Polkadot and Tezos
Announced Thursday, Fireblocks is partnering with staking infrastructure providers Staked and Blockdaemon to offer hosted proof-of-stake (PoS) services for Ethereum 2.0 and the popular Polkadot (DOT) and Tezos (XTZ) tokens.
Fireblocks, which raised $30 million in funding in November last year, uses a technique called multi-party computation (MPC) that protects cryptographic keys by splitting them into pieces, and which the company says is well suited to the dynamic business of blockchain token staking.
“We are launching staking wallets to Fireblocks customers who collectively hold a significant balance of crypto assets,” Fireblocks CEO Michael Shaulov said in an interview. He said that while the majority of Fireblocks’ over 165 clients have bitcoin, “between DOT, XTZ and ETH we have over $1 billion of assets” that can be staked.
Learn more:
Staked currently supports 30+ different proof of stake crypto assets including Ethereum, Cosmos, Polkadot, Algorand, Tezos, Dash, Orbs, Livepeer, Factom, Terra, Kava, Cardano, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Seeking Yield by Staked - Issue 92: ⛓️ Tracking ETH2, 📰 Staked Media Mentions, 📱 Elrond Maiar Wallet, 📊 Current Staking and Lending Yields, & More
The purpose of this section is to track the progress of ETH2 development. Over $2.7b worth of ETH has now been staked! Some stats:
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
Valid Points: A Year in Review by Your Ethereum 2.0 Staking Experts
Our first contribution is from Tim Ogilvie, the founder and CEO of Staked. Staked helps investors earn yield from staking and DeFi without taking custody of their crypto assets.
“My favorite Ethereum chart shows the daily gas usage. I love it because it’s one part of the great story that I expect will propel ETH over the next few years. There are three legs to the stool:
“Bitcoin has an amazing story as an asset with a fixed supply of 21 million BTC. Ethereum’s story has the potential to be even stronger. If gas usage exceeds supply issuance, you’ve now got a digital asset with a steadily declining supply.
“My 2021 prediction: This becomes the dominant story around ETH’s valuation and it drives significant price appreciation.”
Staked currently supports 30+ different proof of stake crypto assets including Ethereum, Cosmos, Polkadot, Algorand, Tezos, Dash, Orbs, Horizen, Livepeer, Factom, Terra, Kava, Cardano, v.systems, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Seeking Yield by Staked - Issue 91: ⛓️ Tracking ETH2, 📰 Staked Media Mentions, 🎉 The Graph Network Mainnet, 🖥️ ETH Staking Webinar Recording, 📊 Current Staking and Lending Yields, & More
Over $1b worth of ETH has now been staked! Some stat on network progress:
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
CoinDCX to launch Liquid ETH-backed token for users
U.S-based Staked, which provides non-custodial staking services for institutions and is the leading independent validator for Ethereum 2.0, is partnering with CoinDCX to support Ethereum 2.0 staking.
Tim Ogilvie – Co, CEO and co-founder of Staked said, “We are thrilled to extend our support to CoinDCX in such a way that the exchange’s users can now take advantage of our staking infrastructure to participate in Ethereum’s major upgrade.”
Bitcoin Transaction Fees Doubled This Week. Here’s Why
It is simply a case of more buying demand means more BTC transactions, which means higher fees, according to Tim Ogilvie, CEO of Staked, which provides institutions with infrastructure services for crypto assets.
So, when there’s an exceptional amount of activity on the Bitcoin network, miners hike up their fees to prioritize those who really want to process Bitcoin transactions.
Tim joins me back on the show to update everyone Staked which for the last few years has been facilitating what I call the emergence of fixed income in Digital Assets. Essentially Staked helps investors earn yield from staking and DeFi without taking custody of crypto assets; some of the yields on the platform are high 10's and 20's. We talk about the how this works, what goes into staking and the emergence of ETH2 and why this is potentially a watershed moment.
Learn more:
Learn more:
Staked currently supports 30+ different proof of stake crypto assets including Ethereum, Cosmos, Polkadot, Algorand, Tezos, Dash, Orbs, Horizen, Livepeer, Factom, Terra, Kava, Cardano, v.systems, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Seeking Yield by Staked - Issue 90: ⛓️ Tracking ETH2, 📰 MEW Partnership + Staked Media Mentions, 🎵 AUDIO Staking, 🖥️ ETH Staking Webinar, 📊 Current Staking and Lending Yields, & More
The purpose of this section is to track the progress of Eth2 development. Some stats:
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
MyEtherWallet Now Offers In-App Staking for Ethereum 2.0
MyEtherWallet Integrates Staked to Bring Eth2 Staking to MEW Web & Mobile Users
MyEtherWallet Now Supports Ethereum 2.0 Staking
One of Ethereum’s most popular software wallets, MyEtherWallet is joining other crypto businesses by giving users access to Ethereum 2.0 staking.
Through a partnership with node-hosting service Staked, MyEtherWallet now offers its browser and mobile wallet users the option to stake ETH tokens into the Ethereum 2.0 Beacon Chain deposit contract, a smart contract that lays the foundations for Ethereum’s revamped blockchain infrastructure.
MyEtherWallet “users need to stake 32 ETH to participate. Staked will run a validator node for them, making it easy for the users who don’t have the technical knowledge to participate, so no further action is required on the user’s part,” MyEtherWallet CEO Kosala Hemachandra told CoinDesk.
Learn more
Learn more:
Staked currently supports 30+ different proof of stake crypto assets including Ethereum, Cosmos, Polkadot, Algorand, Tezos, Dash, Orbs, Horizen, Livepeer, Factom, Terra, Kava, Cardano, v.systems, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Seeking Yield by Staked - Issue 89: ⛓️ Tracking ETH2, 📰 Staked Media Mentions, 🖥️ Livepeer Explorer Update, 🌉 Secret Network Ethereum Bridge, 📊 Current Staking and Lending Yields, & More
The purpose of this section is to track the progress of Eth2 development.
ETH2 phase 0 went live earlier this week on December 1, 2020 at 12:00 UTC - a massive milestone for the entire Ethereum community. Some stats:
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
Ether Capital Corporation Announces Initial Commitment to Staking on Ethereum 2.0
Publicly-Traded Ether Capital Begins Staking on an Ethereum 2.0 Node
Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO:ETHC) announces that it has begun participating in staking on the newly launched Ethereum 2.0 network and has committed to running a validator node on the network.
Ether Capital’s validator has been running since Ethereum 2.0’s genesis block which was confirmed at approximately 7:00am ET on December 1, 2020.
Brian Mosoff, Ether Capital’s CEO, said: “The launch of Ethereum 2.0 is an exciting and historic milestone in the digital asset space and we are thrilled to be part of it by running a validator. The transition to staking has been part of Ether Capital’s roadmap since inception and means that Ether holders are now able to generate an Ether-denominated return, or yield, by participating in network validation.”
Ether Capital has entered into an agreement with Staked, an industry leading blockchain services provider, to run its Ethereum 2.0 validator.
Tim Ogilvie, Staked’s CEO, said: “We are excited to be working with the team at Ether Capital on running its validator. Staked has built a reputation for ease and reliability for proof of stake services and we are grateful for the trust that Ether Capital has put in us.”
“This rally is largely driven by institutional buy-in,” said Tim Ogilvie, CEO of Staked, which provides institutions with infrastructure services for crypto assets. He pointed to hedge fund managers like Paul Tudor Jones and Stanley Druckenmiller including bitcoin in their broad investment strategies.
The bridge allows users to create synthetic (wrapped) ETH and ERC-20 tokens on Secret Network that can be used with full privacy, at lower cost. This is not only a huge improvement for privacy-conscious users of Ethereum and DeFi applications; it’s a critical step along our path to building a more secure, more accessible, and more usable global open financial ecosystem.
We are excited to be a bridge operator and look forward to continuing to support the Secret Network.
Staked currently supports 30+ different proof of stake crypto assets including Ethereum, Cosmos, Polkadot, Algorand, Tezos, Dash, Orbs, Horizen, Livepeer, Factom, Terra, Kava, Cardano, v.systems, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Seeking Yield by Staked - Issue 88: ⛓️ Tracking Eth2, 🤝 Blockstack Stacking Support, 🎉 Oasis Mainnet Launch, 📊 Current Staking and Lending Yields, & More
The purpose of this section is to track the progress of Eth2 development.
The Eth2 deposit contract is now live. Some stats:
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
👉 ETH staking webinar recording
Blockstack PBC and Staked have partners up to enable STX holders to earn BTC for stacking STX, a first-of-its-kind innovation. This partnership expands the scope of where STX holders can safely and easily earn BTC.
Learn more:
👉 Blockstack partners with Staked enabling STX holders to earn bitcoin
👉 Staked + Stacks: Staked To Support BTC Earnings via Stacking on Stacks 2.0
Staked currently supports 30+ different proof of stake crypto assets including Cosmos, Polkadot, Algorand, Tezos, Dash, Decred, Orbs, Horizen, Livepeer, Factom, Iris, Terra, Kava, Cardano, v.systems, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Seeking Yield by Staked - Issue 87: ⛓️ Tracking Eth2, 📰 Staked Media Mentions, 🖥️ ETH Staking Webinar, 📊 Current Staking and Lending Yields, & More
The purpose of this section is to track the progress of Eth2 development.
The Eth2 deposit contract is now live. Some stats:
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
Stakers need to weigh the complexity of running nodes on a major chain with the risk of being slashed for failing to stay up persistently or for other issues such as double-signing. Ethereum 2.0 staking requires the commitment and hassle of maintaining a node for years. Those inclined to support network security and earn steady yield may still shy away from the obligations of regularly tending to their servers.
That’s where staking-as-a-service providers come in – and again people have choices to make. As with many areas of cryptocurrency, a core decision is whether to give up your asset to a provider, or to choose a non-custodial service instead. At my company, Staked, we believe investors should have help in earning yield without having to give up custody of their assets.
Decrypt: Ethereum 2.0 Is Set to Launch, But It Won’t Be Ready to Use
Ogilvie said that the most aggressive estimates for Phase 1 is six months and two years for Phase 2. “The more conservative estimates are significantly longer than that. So you're talking years before you have a full transition from ETH 1.0 to ETH 2.0.”
Fantastic coverage from CoinDesk and Decrypt!
Learn more:
Learn more:
Staked currently supports 30+ different proof of stake crypto assets including Cosmos, Polkadot, Algorand, Tezos, Dash, Decred, Orbs, Horizen, Livepeer, Factom, Iris, Terra, Kava, Cardano, v.systems, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Seeking Yield by Staked - Issue 86: ⛓️ Tracking Eth2, 📈 Elrond Mainnet Milestones, ⚖️ The Graph Network Governance, 📊 Current Staking and Lending Yields, & More
The purpose of this section is to track the progress of ETH 2.0 development.
Our Eth2 offering will be available on the Staked website early next week. If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Contact a Staked representative about staking ETH
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
Some impressive milestones since genesis:
We are thrilled to support Elrond and look forward to continued success. Stay tuned for Elrond staking opportunities for Staked customers!
Learn more:
Learn more:
👉 Get in touch with a Staked representative about The Graph Network staking
Staked currently supports 30+ different proof of stake crypto assets including Cosmos, Polkadot, Algorand, Tezos, Dash, Decred, Orbs, Horizen, Livepeer, Factom, Iris, Terra, Kava, Cardano, v.systems, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Seeking Yield by Staked - Issue 85: ⛓️ Tracking ETH 2.0, 🤝 Audius Builds on Solana, 🎉 1,000 tBTC, 📊 Current Staking and Lending Yields, & More
The purpose of this section is to track the progress of ETH 2.0 development.
If you hold ETH and would like to learn more about staking, please submit your information below.
Learn more:
👉 Contact a Staked representative about staking ETH
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
We are excited to see what Audius and Solana build together!
Learn more:
Learn more:
👉 Get in touch with a Staked representative about Keep Network staking
Staked currently supports 30+ different proof of stake crypto assets including Cosmos, Polkadot, Algorand, Tezos, Dash, Decred, Orbs, Horizen, Livepeer, Factom, Iris, Terra, Kava, Cardano, v.systems, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Seeking Yield by Staked - Issue 84: ⛓️ Tracking ETH 2.0, ✅ NEAR Staking Rewards, 💲 USDC on Solana, 📊 Current Staking and Lending Yields, & More
The purpose of this section is to track the progress of ETH 2.0 development.
If you hold ETH and would like to learn more about staking, please submit your information below.
Learn more:
👉 Contact a Staked representative about staking ETH
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
Onwards and upwards!
Learn more:
👉 Follow the NEAR staking instructions to delegate today!
Learn more:
👉 Centre Consortium Announces Solana as Official Chain for USDC
Staked currently supports 30+ different proof of stake crypto assets including Cosmos, Polkadot, Algorand, Tezos, Dash, Decred, Orbs, Horizen, Livepeer, Factom, Iris, Terra, Kava, Cardano, v.systems, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Seeking Yield by Staked - Issue 83: ⛓️ Tracking ETH 2.0, ✅ NEAR Mainnet Phase II, 🖥️ Earning with BTC and ETH Webinar, 📊 Current Staking and Lending Yields, & More
This is the eighty-third issue of Seeking Yield by Staked, a weekly update about the most interesting things happening in crypto asset staking and lending.
The purpose of this section is to track the progress of ETH 2.0 development.
If you hold ETH and would like to learn more about staking, please submit your information below.
Learn more:
👉 Contact a Staked representative about staking ETH
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
We are thrilled to support NEAR at Staked!
Learn more:
👉 Follow the NEAR staking instructions to delegate today!
👉 The NEAR MainNet is now Unrestricted and Decentralized
Learn more:
👉 Earning with BTC and ETH Webinar
Staked currently supports 30+ different proof of stake crypto assets including Cosmos, Polkadot, Algorand, Tezos, Dash, Decred, Orbs, Horizen, Livepeer, Factom, Iris, Terra, Kava, Cardano, v.systems, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
August 2020 recap — Stay updated with Staked monthly updates!
This update covers our progress at Staked during August.
This past month...
Chain Updates
To get in touch with the Staked team about getting started, please reach out to sales@staked.us.
If any of the above interests you or you would like to learn more, please find time to speak here or reach out to the team at sales@staked.us.
We look forward to continuing to provide our customers with best-in-class staking and lending infrastructure.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Due to record high gas prices on the Ethereum network, Staked will not be claiming Synthetix rewards for this week’s claim period. Gas prices have been 200+ gwei for the past week, and ~ 450 for the past 24 - 48 hours. Since the gas costs for the claims transactions are greater than the value of the rewards, it’s not economically rational to execute the claims transactions. Delegates can claim their own rewards until Wednesday September 2nd, 2020 at 4:30 AM EST via https://mintr.synthetix.io/. We sincerely apologize for the inconvenience.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
To set up Kyber rewards claiming and reporting, create a Staked account here. Next, click on Kyber from the token grid on the Setup Reporting page, and add the ETH public address used to delegate voting power to the Staked stakepool in the address input field. After clicking on the Add button, you will be redirected to Staked’s Reporting Summary.
If you already have a Staked account and are logged in, hover over the person icon in the upper right hand navigation, click on Holdings from the drop-down, and then add the ETH public address used to delegate to Kyber in the token grid.
To claim your rewards for Epoch 1, 2 and 3, click on the Claim button for the corresponding epoch. When claiming rewards, make sure you are connected to the ETH address used for delegation to Staked, or the claim rewards transaction will fail. Rewards for epochs 1 - 3 will each need to be claimed separately.
Equally as importantly, we recently deployed an upgraded stakepool that enables delegates to claim rewards for all outstanding epochs in a single rewards claim transaction to save on gas costs.
To delegate to the upgraded stakepool, visit http://kyber.org, click on My Stake in the upper right hand navigation, and enter the following ETH address in the Delegate’s ETH Address field and click on the Delegate button:
0xe2Db444968A9D01F3473c065b8ece86838F0D8e5
Please make sure to update your delegation to the new stakepool before Epoch 4 ends on September 7th, 2020. Staked will stop voting and claiming on the old stakepool on this date.
** For details on how redelegation will impact your rewards (for the epoch in which you redelegate), please refer to the Kyber team’s walk through examples on voting power. In summary, you will not be eligible to earn rewards for the one epoch in which you redelegate. You will earn rewards by voting for the following epoch (n +1), and will be able to claim rewards for that epoch and all epochs going forward.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
To set up Kyber rewards claiming and reporting, create a Staked account here. Next, click on Kyber from the token grid on the Setup Reporting page, and add the ETH public address used to delegate voting power to the Staked stakepool in the address input field. After clicking on the Add button, you will be redirected to Staked’s Reporting Summary.
If you already have a Staked account and are logged in, hover over the person icon in the upper right hand navigation, click on Holdings from the drop-down, and then add the ETH public address used to delegate to Kyber in the token grid.
To claim your rewards for Epoch 1, 2 and 3, click on the Claim button for the corresponding epoch. When claiming rewards, make sure you are connected to the ETH address used for delegation to Staked, or the claim rewards transaction will fail. Rewards for epochs 1 - 3 will each need to be claimed separately.
Equally as importantly, we recently deployed an upgraded stakepool that enables delegates to claim rewards for all outstanding epochs in a single rewards claim transaction to save on gas costs.
To delegate to the upgraded stakepool, visit http://kyber.org, click on My Stake in the upper right hand navigation, and enter the following ETH address in the Delegate’s ETH Address field and click on the Delegate button:
0xe2Db444968A9D01F3473c065b8ece86838F0D8e5
Please make sure to update your delegation to the new stakepool before Epoch 4 ends on September 7th, 2020. Staked will stop voting and claiming on the old stakepool on this date.
** For details on how redelegation will impact your rewards (for the epoch in which you redelegate), please refer to the Kyber team’s walk through examples on voting power. In summary, you will not be eligible to earn rewards for the one epoch in which you redelegate. You will earn rewards by voting for the following epoch (n +1), and will be able to claim rewards for that epoch and all epochs going forward.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Staked is excited to announce that we have joined the The Graph Network incentivized testnet as a node operator. Enabling internet applications that are entirely powered by public infrastructure, The Graph has become the backbone of the burgeoning Ethereum and DeFi ecosystem. Today, a number of projects have built out subgraphs including Uniswap, RAY, Aave, Synthetix, ENS, and more.
The Graph Network decentralizes the query and API layer of Web3, removing a tradeoff dApp developers struggle with today: whether to build an application that is performant or to build an app that is truly decentralized.
Staked is currently participating in The Graph Network incentivized testnet, Mission Control. The testnet is designed to help validate economic design, test security, network capacity and indexer performance in the protocol. In Mission Control, indexers operate Graph Nodes and stake GRT to index and serve blockchain data, curators signal on subgraphs and stake GRT to indicate to Indexers which subgraphs are high-quality and should be indexed, and node operators compete as indexers that are rewarded based on contribution.
Staked is supported by a highly available and secure backend infrastructure. We use Kubernetes to distribute across five clouds with automated failover, and have never been slashed or had extended downtime in 3 years of operating POS blockchain nodes. Our technical infrastructure has been audited by security and DevOps teams at the leading protocols, exchanges, and custodians.
Stay updated with GRT staking: https://staking.staked.us/graph-staking
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Staked is excited to announce that we have joined the Chainlink network as an oracle node operator. Staked's Chainlink node is live and actively providing reliable data feeds to over 25 DeFi applications built on Ethereum. We bring over three years of blockchain industry experience and provide secure backend infrastructure to power our Chainlink Node, further decentralizing and improving the security of the Chainlink Network. To view the Staked Chainlink oracle node operator, please visit the following link.
Chainlink is a decentralized oracle network that enables smart contracts to securely and reliably access off-chain data providers, web APIs, on-chain randomness, enterprise systems, cloud networks, IoT devices, payment systems, other blockchains, and much more. By doing so, smart contracts can use external data to trigger their on-chain logic, as well as send outputs to traditional systems such as executing a bank payment.
The Chainlink protocol provides high availability and tamper-resistance to the delivery of off-chain data to the smart contract, as well as hardens data sourcing against any single source manipulation. Chainlink is the leading provider of highly secure and reliable oracle infrastructure to large enterprises (Google, Oracle, and SWIFT), leading DeFi dApps (Aave, Synthetix, and Bancor), and numerous layer-1 protocols (Ethereum, Tezos, Polkadot / Substrate).
Regarding supporting Chainlink, Tim Ogilvie, Staked Co-founder & CEO, said, "Oracles have become critical infrastructure within the smart contract tech stack, allowing smart contracts to interface with real-world data and traditional infrastructure. Chainlink has emerged as the market leader in oracles for the DeFi ecosystem and beyond. Staked is excited to take part in this next evolution of smart contracts by operating as a Chainlink node operator to help further decentralize the network.”
Staked is supported by a highly available and secure backend infrastructure. We use Kubernetes to distribute across five clouds with automated failover, and have never been slashed or had extended downtime in 3 years of operating POS blockchain nodes. Our technical infrastructure has been audited by security and DevOps teams at the leading protocols, exchanges, and custodians.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Website | Twitter | LinkedIn | Careers | Telegram
If you’re a developer and want to connect your smart contract to off-chain data and systems, visit the developer documentation and join the technical discussion on Discord. If you want to schedule a call to discuss the integration more in-depth, reach out here.
Chainlink is a general-purpose framework for building and running decentralized oracle networks that give your smart contract access to secure and reliable data inputs and outputs.
Website | Twitter | Reddit | YouTube | Telegram | Events | GitHub | Price Feeds | DeFi
July 2020 recap — Stay updated with Staked monthly updates!
This update covers our progress at Staked during July.
This past month...
Chain Updates
More Updates
To get in touch with the Staked team about getting started, please reach out to sales@staked.us.
If any of the above interests you or you would like to learn more, please find time to speak here or reach out to the team at sales@staked.us.
We look forward to continuing to provide our customers with best-in-class staking and lending infrastructure.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
The purpose of Validator Views is to provide updates and information regarding proof of stake chain progress, timelines, and more.
Download the Polkadot Staking Guide
Please contact a Staked representative to learn more about Polkadot staking!
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Due to the sharp increase in gas prices on the Ethereum network, Staked has implemented a minimum SNX delegation requirement of 2,000 staked SNX for our Synthetix rewards claiming and c-ratio management service effective today, Wednesday July 22nd.
Currently, Synthetix rewards must be claimed once per week. For each delegate, Staked runs 2 - 3 transactions. One to fix the c-ratio if it’s in penalty, one to claim rewards, and one to re-stake SNX rewards. At the current gas prices, each transaction can cost as much as .04 ETH, or $10, making the claim process as much as .12 ETH or $30 per week per delegate. Unfortunately, this makes the process uneconomical for lower value transactions. Paying materially more in gas costs to claim rewards than the rewards are actually worth simply isn’t viable.
As of today, all new delegates must be staking at least 2,000 SNX via Mintr in order to delegate to Staked. Staked will continue to claim rewards and manage the c-ratio for existing delegates with less than 2,000 SNX staked for the next two cycles ending on Wednesday July 29th and August 5th, respectively. The last cycle for which Staked will claim on behalf of existing delegates with less 2,000 SNX staked ends on Wednesday August 5th.
We encourage existing delegates with less than 2,000 SNX to undelegate all permissions (rewards claiming + re-staking) starting on Thursday August 6th to ensure they are ready to claim rewards themselves for the claim period ending on Wednesday August 12th. No action will be taken on accounts with less than 2,000 SNX that don’t undelegate, but no rewards will not be claimed either.
To un-delegate, please visit https://staked.us/v/synthetix, uncheck both permissions (claim rewards and re-stake rewards), click on Save Changes to initiate a MetaMask transaction, and confirm the transaction to broadcast it to the Ethereum network.
Staked is exploring the possibility of developing a pooled system for SNX rewards management that will accommodate holders with less SNX.
Un-delegation Details
RAY recently got an upgrade! We've converted RAY to the ERC-20 standard, had those changes audited by Trail of Bits, and are now rolling it out.
Use RAY today: https://staked.us/v/robo-advisor-yield
Below please find some Frequently Asked Questions and technical details regarding the upgrade.
Why was RAY upgraded?
What should I expect from RAY in the future?
What do I do if I have existing ERC-721 RAY tokens?
We are thrilled to continue to make it easy than ever to earn the highest yield available on USDC, DAI, ETH, and other crypto assets across yield-generating DeFi opportunities.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
June 2020 recap — Stay updated with Staked monthly updates!
This update covers our progress at Staked during June.
This past month...
Chain Updates
More Updates
To get in touch with the Staked team about getting started, please reach out to sales@staked.us.
If any of the above interests you or you would like to learn more, please find time to speak here or reach out to the team at sales@staked.us.
We look forward to continuing to provide our customers with best-in-class staking and lending infrastructure.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
The purpose of Validator Views is to provide updates and information regarding proof of stake chain progress, timelines, and more.
Please contact a Staked representative to learn more about Kyber Network staking!
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
The purpose of Validator Views is to provide updates and information regarding proof of stake chain progress, timelines, and more.
Please contact a Staked representative to learn more about SKALE staking!
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
TLDR: RAY depositors get all the benefits of supplying funds to the underlying protocols, including any liquidity incentives.
Compound recently changed their distribution model, adding “liquidity incentives”. Suppliers to Compound now earn both interest and COMP, Compound’s governance token. COMP has proved highly attractive, making the COMP portion of the yield very meaningful for liquidity suppliers.
We wanted to make it clear how RAY handles these incentives. RAY depositors get all the benefits of supplying funds to the underlying protocols, including any liquidity incentives.
RAY’s allocation models now account for the incremental yield generated by liquidity incentives. RAY adds the current value of the COMP earned by suppliers to its interest rate estimates, allocating to the highest overall yield. RAY will collect and sell that COMP via a DEX, adding it to the yield earned by RAY depositors. Initially this will happen weekly. We will later upgrade RAY contracts to happen more regularly.
Liquidity incentives seem here to stay. Market makers Curve and Balancer recently launched a similar program, and there are rumors that other prominent DeFi protocols will introduce similar programs. RAY will seamlessly determine the overall yield associated with your deposits, ensuring that your funds are always deposited with the highest yielding option.
We’ve made two other big changes: converting RAY tokens to the ERC-20 standard and reducing gas costs significantly. Next up: integrations with your favorite automated market makers, allowing you to earn both lending yield and trading fees simultaneously.
Join the conversation in the RAY Discord Channel!
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
The purpose of Validator Views is to provide updates and information regarding proof of stake chain progress, timelines, and more.
Please contact a Staked representative to learn more about Polkadot staking!
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Scheduled Maintenance Update
RAY is getting an upgrade! We've converted RAY to the ERC-20 standard, had those changes audited by Trail of Bits, and are getting ready to roll it out.
As a result, RAY (Robo-Advisor for Yield) will be undergoing scheduled maintenance on June 18, 2020. Safety of user funds is our priority, so while this upgrade should take 2-3 hours, it could take as long as 12 hours. You can still view your tokens, but minting, depositing, and withdrawing will be paused during this period.
For questions, please reach out in the RAY Discord Channel.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
May 2020 recap — Stay updated with Staked monthly updates!
This update covers our progress at Staked during May.
This past month...
Chain Updates
More Updates
To get in touch with the Staked team about getting started, please reach out to sales@staked.us.
If any of the above interests you or you would like to learn more, please find time to speak here or reach out to the team at sales@staked.us.
We look forward to continuing to provide our customers with best-in-class staking and lending infrastructure.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
SNX stakers earn inflation funded SNX rewards for staking and transaction fees in sUSD from the Synthetix exchange. However, rewards expire if they aren’t claimed manually during the claimable period. And in order to collect rewards, stakers need to maintain a target collateral ratio (c-ratio) by managing their debt balance.
Today, Staked is launching a delegation service that automates the entire process of reward claiming, re-staking and c-ratio management. Using the recently deployed SIP 10 for Upgraded Delegate Powers, the delegation service automatically claims staking rewards, re-stakes to maximize compounding, and issues or burns debt to ensure c-ratios remain above the target.
The entire rewards and c-ratio management process is non-custodial. All rewards are claimed directly to the delegator’s address. sUSD debt can only be issued or burned to maintain the target c-ratio. Additionally, delegation provides SNX stakers with a better security model since they won’t need to connect online anymore to claim rewards or adjust the c-ratio, and SNX funds can remain in cold storage.
To delegate rewards management to Staked, please visit the Synthetix Delegation Dashboard.
1. Visit Staked’s Synthetix Delegation Dashboard and connect a wallet with your SNX hodlings.
2. Upon connecting your wallet for the first time, your SNX holdings and sUSD debt will populate within 15 minutes. Select one or both permissions and click delegate. If you are returning to your dashboard, you will be taken directly to step #3.
3. Congratulations! You should now see your holdings, c-ratio, claimed rewards, debt level, and permissions.
Please note that SNX holders will still need to use the Synthetix Mintr application for SNX staking, and the Synthetix Exchange for active debt management. To learn more about managing debt in the Synthetix Network, please read the following guide. For Synthetix rewards reporting, SNX stakers need to sign up for a Staked account.
Have questions? Get in touch with a Staked representative here or visit our landing page for FAQs.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
RAY (Robo-Advisor for Yield) is now supported by imToken, one of the leading crypto asset wallets.
imToken is a feature-rich digital wallet that supports ETH, DAI, USDC, and a number of other digital assets. imToken offers a powerful DApp browser and built in DEX.
This post will provide an overview of how to use RAY from imToken.
1. Download the imToken app and open the DApp browser by selecting the "Browser" button at the bottom of the page.
2. Search for RAY, Robo-Advisor for Yield, RAY, or https://staked.us/v/robo-advisor-yield/ in the DApp Browser.
3. You will now be directed to the RAY landing page. Select the Deposit button and follow the RAY UI to get started.
Have questions? Get in touch with a Staked representative here or visit our landing page for FAQs.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
April 2020 recap — Stay updated with Staked monthly updates!
This update covers our progress at Staked during April.
This past month...
Amidst everything going on, Staked continues to provide reliable infrastructure to compound crypto through staking and lending. Stay safe everyone!
Chain Updates
To get in touch with the Staked team about getting started, please reach out to sales@staked.us.
If any of the above interests you or you would like to learn more, please find time to speak here or reach out to the team at sales@staked.us.
We look forward to continuing to provide our customers with best-in-class staking and lending infrastructure.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
The purpose of Validator Views is to provide updates and information regarding proof of stake chain progress, timelines, and more.
Please contact a Staked representative to learn more about staking KEEP!
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
The purpose of Validator Views is to provide updates and information regarding proof of stake chain progress, timelines, and more.
Please contact a Staked representative to learn more about Celo staking!
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
The purpose of Validator Views is to provide updates and information regarding proof of stake chain progress, timelines, and more.
Please contact a Staked representative to learn more about Celo staking!
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
The purpose of Validator Views is to provide updates and information regarding proof of stake chain progress, timelines, and more.
Please contact a Staked representative to learn more about staking ETH!
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
The purpose of Validator Views is to provide updates and information regarding proof of stake chain progress, timelines, and more.
Please contact a Staked representative to learn more about staking Celo!
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
The purpose of Validator Views is to provide updates and information regarding proof of stake chain progress, timelines, and more.
Please contact a Staked representative to learn more about staking ETH!
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
The purpose of Validator Views is to provide updates and information regarding proof of stake chain progress, timelines, and more.
Please contact a Staked representative to learn more about staking Polkadot!
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
The purpose of Validator Views is to provide updates and information regarding proof of stake chain progress, timelines, and more.
Please contact a Staked representative to learn more about staking KEEP!
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
March 2020 recap — Stay updated with Staked monthly updates!
This update covers our progress at Staked during March.
This past month...
Due to COVID-19 concerns, the Staked team has seamlessly transitioned to remote operations. Amidst everything going on, Staked continues to provide reliable infrastructure to compound crypto through staking and lending. Stay safe everyone!
Chain Updates
Additional Updates
Visit our website to earn more of your favorite crypto today!
If any of the above interests you or you would like to learn more, please find time to speak here or reach out to the team at cole@staked.us.
We look forward to continuing to provide our customers with best-in-class staking and lending infrastructure.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
RAY (Robo-Advisor for Yield) now supports on-chain lending to Aave for ETH, DAI and USDC.
Launched on mainnet in January 2020, Aave is an open source non-custodial protocol on Ethereum for decentralized lending and borrowing.
To open a new RAY with Aave as a selected opportunity, visit the RAY UI here and select Aave as an opportunity for consideration.
Have questions? Find time to speak with an Account Manager here or by sending an email to cole@staked.us.
Thank you for the continued support!
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
The purpose of Validator Views is to provide updates and information regarding proof of stake chain progress, timelines, and more.
Please contact a Staked representative to learn more about staking ETH!
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
February 2020 recap — Stay updated with Staked monthly updates!
This update covers our progress at Staked during February.
Visit our website to compound your favorite crypto today!
If any of the above interests you or you would like to learn more, please find time to speak here or reach out to the team at cole@staked.us.
We look forward to continuing to provide our customers with best-in-class staking and lending infrastructure.
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Staked spends a ton of time and money ensuring that our delegators will never get slashed. Our two-year track record with no slashing events across 18 networks is a good testament, as is our 100% uptime SLA. This blog post goes deeper on the tech that backs up those claims.
We worry about two risks in staking:
Short-periods of downtime are usually ok but extended downtime can result in (small) slashing penalties. Double-signing a block means producing two blocks at the same block height. This can look like an attack on the network and can be punished heavily. For example, if a validator double-signs in Cosmos, for example, delegators are slashed by 5% of their stake and the validator is permanently removed.
Staked runs across multiple cloud environments. We’re currently running across AWS, Google Cloud, IBM Cloud and Digital Ocean. We use a highly available Kubernetes cluster to monitor the health of those environments and deploy containers with node software in response to network conditions.
What happens if an AWS data center goes down? Kubernetes deploys new nodes into a new data center (e.g. Google Cloud) and we’re back up and running. This is the same way we handle nodes that crash, have an underlying hardware issue, etc. We automatically react to most problems without any human intervention.
But there’s a catch! A network connectivity issue might look like a data center outage. We can’t communicate with the data center, so we re-deploy into another environment and start producing blocks. But the original nodes can’t be shut down. There’s now a risk that zombie nodes can return. If those zombie nodes start producing blocks, it creates a risk of double-signing.
Staked uses Hashicorp’s Consul to eliminate this risk. Using Consul, we create a MutEx lock that ensures only one node can produce blocks at any time. If we detect issues with our running nodes, Consul re-assigns the ability to sign blocks to our new nodes and blocks any zombies.
We take delegator’s trust very seriously and continue to invest in technology that reduces slashing risk on behalf of our partners. If you’re evaluating a staking partner, make sure you understand how they mitigate these risks.
Key security is the other major piece of the puzzle here. We’ll follow-up with a second post on how we handle signing keys.
Staked helps investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
Website | Twitter | LinkedIn | Medium | Careers | Telegram
The Cosmos Hub mainnet officially launched on Wednesday, March 13th, 2019 at 7 PM EST (23:00 UTC).
To delegate your ATOMs to Staked, please use the following validator address:
cosmosvaloper1we6knm8qartmmh2r0qfpsz6pq0s7emv3e0meuw
There is a 21-day unbonding process for staked ATOMs during which delegator ATOMs do not earn rewards and cannot be transferred, exchanged or spent. ATOMs can, however, be slashed during the unbonding period.
Delegation is non-custodial and delegates cannot spend your ATOMs. Staked pays 90% of the block rewards to delegates, and offers the industry’s only 100% SLA on block production.
Staked participated in the Game of Stakes competition, earning 1 of 27 ‘never jailed’ designations for remaining in the set of ~ 185 validators the entire game and adapting to adversarial network conditions. This represents a key criterion for successful mainnet operation, particularly as it relates to slashing risk prevention.
Cosmos’s staking model uses “hard slashing”, which means that customer funds are at risk of being slashed in the event of a) double-signing blocks and b) extended validator downtime. Slashing risks are further detailed on page 8. You could lose a portion, or potentially all of your investment by participating in staking. Consider the risks and choose a validator carefully.
Cosmos is a network of independent blockchains connected by the Cosmos Hub, a proof-of-stake (PoS) blockchain based on Tendermint, a byzantine fault tolerant (BFT) consensus protocol. The annual yield for staking ATOMs, the native cryptocurrency of the Cosmos Hub, is currently 8.7%.
Open the Ledger Live app. Connect your ledger via USB and update to the latest firmware. Enable Dev Mode in the Settings of Ledger Live.
Go to the ledger live app store, and download the “Cosmos” application.
Your Ledger is now ready to connect with Lunie, the Cosmos wallet UI with delegation (staking), rewards claiming and voting.
With the Cosmos app open on your ledger device (Tendermint Cosmos should be displayed on the screen), visit https://lunie.io. Click on the blue Sign In button in the upper right hand corner of the screen.
Click on the Staking tab in the global menu on the left hand side of the screen.
In the Staking tab, click on the Validators section and then click on Staked from within the list of validators or copy and paste the following link directly in the browser address bar:
https://app.lunie.io/cosmos-hub/validators/cosmosvaloper1we6knm8qartmmh2r0qfpsz6pq0s7emv3e0meuw
Click on the blue Delegate button to open the delegate modal. Enter an amount to delegate and click Submit.
To claim rewards earned from staking, click on the Withdraw link under Rewards at the top of Lunie, proceed through the withdraw modals and click Submit. After claiming rewards, they need to be delegated in a separate transaction to earn staking rewards.
Cosmos Hub validators participate in consensus by broadcasting cryptographic signatures, or votes, to commit blocks. Tendermint requires a fixed known set of validators, where each validator is identified by their public key. Validators attempt to come to consensus one block at a time, where a block is a list of transactions. Voting for consensus on a block proceeds in rounds. Each round has a round-leader who proposes a block. The validators then vote in stages to accept the proposed block or move on to the next round. The proposer for a round is chosen deterministically from the ordered list of validators in proportion to their voting power, which is determined by the percentage of ATOMs delegated to a validator.
Tendermint-based blockchains slow down with more validators due to the increased communication complexity. On genesis day, the maximum number of validators will be set to 100 determined by the validators with the most delegated stake, and will increase at a rate of 13% for 10 years for a maximum of 300 validators. Staked has enough ATOMs committed for delegation to ensure a slot in the validator set of 100.
ATOMs are the native and only staking token of the Cosmos Hub. ATOMs represent the right to participate in consensus (vote, validate or delegate) for the Hub and earn inflationary ATOM block rewards and transaction fees in exchange.
Block rewards are paid to validators and delegators in newly issued (inflationary) ATOMs as an incentive for staking. The target stake rate for Cosmos is 66% of the total ATOM supply. At genesis, the initial inflation rate will be 7%. However, the rate will fluctuate around the target stake rate of 66% such that if the total bonded stake is less than 66% of the total ATOM supply, the inflation rate will increase until it reaches a maximum of 20%, and if the total bonded stake exceeds 66% of the ATOM supply, the inflation rate will decrease until it reaches the 7% floor. The target annual inflation rate is recalculated each block.
Block rewards and transaction fees are distributed at the protocol level. However, delegators need to submit a withdrawal transaction to claim rewards, and then another transaction to re-delegate the rewards in order to compound the yield earned.
While delegators can change validators automatically, there is a 30 day unbonding process for staked ATOMs to prevent long range attacks during which delegator ATOMs do not earn rewards and cannot be transferred, exchanged or spent. ATOMs can however be slashed during the unbonding period.
Staking ATOMs is not risk free. Slashing penalties where both validator and delegator funds are destroyed exist at the protocol level for malicious behavior and uptime, making the operation of Cosmos validation nodes best suited for full-time, experienced operators.
The 2 main slashing conditions in Cosmos follow:
Frequent hard forks, often requiring full network re-starts, are expected until the Inter-Blockchain Communication (IBC) specification has been implemented, further increasing the management and participation requirements for successful mainnet operation.
The Cosmos Staking Guide was heavily excerpted using the following sources:
Staked operates the most secure, performant, and cost-effective block production nodes for decentralized PoS protocols on behalf of institutional investors. Our multi-tier listening and signing node architecture delivers stakeholders the ideal combination of security, scalability and decentralization.
Staked provides industrial scale staking infrastructure for leading PoS protocols including Tezos, EOS, Factom, Cosmos, Decred, R-Chain, OmiseGO, Thunder, Ethereum, Dfinity and more, allowing us to offer our customers the ideal solution for all of their staking needs.
Server Infrastructure
Staked nodes are deployed on high-performance computing resources in a multi-tier configuration that combines security and scalability while minimizing centralization on hardware providers. The infrastructure uses Kubernetes orchestration to ensure high availability and extremely low network latency, and can be scaled on-demand with network growth.
DDoS Protection
AWS Shield, Elastic Load Balancing and advanced IP address obfuscation techniques are used to defend against malicious network, transport and application layer denial of service attacks.
Listening Cloud
The listening cloud is comprised of publicly accessible nodes that dynamically allocate resources from multiple cloud service providers, including AWS, Google Cloud and Azure. Orchestrated by Kubernetes, the listening cloud enables near-infinite scale, self-healing and a decentralized hardware infrastructure.
Signing Servers
The signing servers are bare metal servers responsible for producing and signing blocks. They are secured in Equinix data centers in the United States, have hardware signing modules for key security, and are fire-walled so they can only communicate with the listening servers.
Staked provides a service that allows holders of Dash to get the benefits of running a masternode without the upkeep, while allowing holders to maintain custody of their crypto assets.
Dash is a fork of Bitcoin that was created in 2014 to provide anonymous, trustless and nearly instant payments. Dash was previously known as XCoin and DarkCoin before re-branding to Dash in May 2015. Dash block rewards are split between PoW miners (45%), masternode operators (45%) and Dash Project Treasury DAO.
Dash masternodes play the same role as full nodes in the Bitcoin network. A deterministic algorithm is used to create a pseudo-random ordering of the masternodes.
Each masternode requires 1,000 DASH as collateral. The 1,000 DASH are used as bonded collateral and required to earn the inflation funded block rewards. The collateral is always safe and never forfeited during masternode operation. The average Dash masternode reward frequency is just shy of nine days.
Dash masternodes are responsible for Dash’s governance. The DGBB or Decentralized Governance by Blockchain system allows masternodes to vote on proposals, which are then either implemented or not by Dash developers. An example of this is the 2016 block size increase, where the proposal to increase the block size from 1MB to 2MB was submitted and approved by vote within 24 hours.
Since 10% of the block rewards are used for the development, the DGBB also provides a mechanism for Dash to fund its own development. Budget proposals are submitted up until the end of the month. A series of superblocks or special blocks that pay out funded budget proposals approved by masternode votes are created if the proposal is approved by 10% of the masternodes.
Masternodes are originally formed by sending 1,000 DASH to a specific address in a wallet that will “activate” the node, making it capable of being propagated across the network. Step-by-step instructions follow:
Staked operates the most secure, performant, and cost-effective block production nodes for decentralized PoS protocols on behalf of institutional investors. Our multi-tier listening and signing node architecture delivers stakeholders the ideal combination of security, scalability and decentralization.
Staked provides industrial scale staking infrastructure for leading PoS protocols including Tezos, EOS, Factom, Cosmos, Decred, R-Chain, OmiseGO, Thunder, Ethereum, Dfinity and more, allowing us to offer our customers the ideal solution for all of their staking needs.
Server Infrastructure
Staked nodes are deployed on high-performance computing resources in a multi-tier configuration that combines security and scalability while minimizing centralization on hardware providers. The infrastructure uses Kubernetes orchestration to ensure high availability and extremely low network latency, and can be scaled on-demand with network growth.
DDoS Protection
AWS Shield, Elastic Load Balancing and advanced IP address obfuscation techniques are used to defend against malicious network, transport and application layer denial of service attacks.
Listening Cloud
The listening cloud is comprised of publicly accessible nodes that dynamically allocate resources from multiple cloud service providers, including AWS, Google Cloud and Azure. Orchestrated by Kubernetes, the listening cloud enables near-infinite scale, self-healing and a decentralized hardware infrastructure.
Signing Servers
The signing servers are bare metal servers responsible for producing and signing blocks. They are secured in Equinix data centers in the United States, have hardware signing modules for key security, and are fire-walled so they can only communicate with the listening servers.
Decred (DCR) is a cryptocurrency with a hybrid proof-of-work (PoW) / proof-of-stake (PoS) consensus mechanism and an on-chain governance system. The current yield for staking DCR is 8.3% annually.
Decred was launched in February 2016 by Company 0, building on the team’s previous work developing btcsuite, an alternative implementation to Bitcoin Core written in Go instead of C++. 8% of the total supply, or 1.68MM DCR was pre-mined by Company 0 at launch, with the remaining 92% being mined over time until a total of 21 million coins are issued in ~ 2039. The Decred block reward decreases by 1% every 21 days (vs. Bitcoin halving every 4 years). 50% of the pre-mine was distributed to ~ 3,000 early adopters, and the remainder was used to pay back Company 0’s $1.5MM in development costs.
DCR block rewards are split between PoW miners (60%), PoS ticket holders (30%), and the Decred Project Treasury (10%). The current block reward is 19.35 DCR, or 11.61 for PoW, 5.80 for PoS (1.16 per PoS voting ticket), and 1.93 for the treasury. New blocks are mined approximately every 5 minutes.
Staked offers an anonymous, non-custodial and fully automated stakepool for Decred. Stakeholders only delegate their rights to validate PoW work to the Stakepool. Stakepools can’t spend or steal DCR. Detailed instructions for creating a stakepool account, purchasing and delegating tickets follows below.
PoS is used in Decred to validate PoW mining work and approve or reject proposed rule changes to the consensus protocol. Decred holders time-lock, or stake DCR to obtain voting tickets. Ticket holders currently earn 5.80 DCR per block (1.16 per ticket * 5 tickets per block), or 30% of the block reward for voting.
Decred uses a lottery system to select the active voting tickets for a block from a pool based on pseudorandomness contained in the block header. Each ticket is randomly selected to vote from a current pool of 40,820 tickets using a Poisson distribution with an average selection time of ~ 28 days and a maximum time of ~ 142 days (4.7 months). If a ticket is not selected (0.5% chance), it expires and the original ticket price is refunded. Once a ticket has voted, missed or expired, the funds (ticket price plus the block reward minus the ticket fee) enter a 256 block (~ 20 hours) waiting period before being returned to the owner. Factoring in immaturity periods, Decred has an average staking lock-up of 30.74 days (29.07 days + 1.67 day immaturity period), though it can be as long as ~ 144 days.
Each new DCR block includes 5 tickets that are randomly selected to vote on the validity of the previous block and any changes to the consensus protocol. At least 3 of the 5 tickets selected must confirm the previously generated block for PoW miners to earn the block reward, which disincentivizes malicious behavior such as mining empty blocks. Ticket holders can vote a block invalid even it it conforms to the network’s consensus rules.
The price to purchase a ticket is determined by a difficulty algorithm using the weighted average number of tickets purchased and the size of the eligible ticket pool in prior blocks. Every 144 blocks (~12 hours), the stake difficulty algorithm calculates a new ticket price designed to maintain a target pool size of 40,960 tickets.
After the tickets have been purchased, a Success message will be displayed in the Purchase section and the transaction will be placed into the mempool until being mined. After a ticket is mined, there is a 256 block (~ 20 hours) maturity period before it becomes live and is eligible to be selected to vote. During this period, tickets are marked as immature in the Mining tab. On average, tickets are selected to vote every 28 days, but can take as long as 142 days, or ~ 4.7 months.
In addition to PoW validation, PoS ticket holders are responsible for voting to approve or reject changes to the protocol consensus rules using Decred’s “Politeia” system. Politeia allows stakeholders to propose, discuss, and fund new projects, initiatives, and consensus changes. The Politeia system was released into production / mainnet on October 15th, 2018 with a treasury balance of ~ 570,000 DCR, worth ~ $23MM at the time, and ~ $15MM as of July 31st, 2019.
When proposals are moved to a vote, all live tickets are eligible to vote Yes or No with votes being tallied over 8,064 blocks (~ 30 days) to allow the entire ticket pool to participate. A proposed change must be approved by 75% of the non-abstaining tickets to take effect. Votes are tallied. If stakeholders vote to change the protocol, the chain will automatically hard fork to activate the new rules.
Ticket holders vote on Politeia-based proposals using the Decrediton wallet in the Governance tab.
After the tickets have been purchased, a Success message will be displayed in the Purchase section and the transaction will be placed into the mempool until being mined. After a ticket is mined, there is a 256 block (~ 20 hours) maturity period before it becomes live and is eligible to be selected to vote. During this period, tickets are marked as immature in the Mining tab. On average, tickets are selected to vote every 28 days, but can take as long as 142 days, or ~ 4.7 months.
Staked operates the most secure, performant, and cost-effective block production nodes for decentralized PoS protocols on behalf of institutional investors. Our multi-tier listening and signing node architecture delivers stakeholders the ideal combination of security, scalability and decentralization.
Staked provides industrial scale staking infrastructure for leading PoS protocols including Tezos, EOS, Factom, Cosmos, Decred, R-Chain, OmiseGO, Thunder, Ethereum, Dfinity and more, allowing us to offer our customers the ideal solution for all of their staking needs.
Server Infrastructure
Staked nodes are deployed on high-performance computing resources in a multi-tier configuration that combines security and scalability while minimizing centralization on hardware providers. The infrastructure uses Kubernetes orchestration to ensure high availability and extremely low network latency, and can be scaled on-demand with network growth.
DDoS Protection
AWS Shield, Elastic Load Balancing and advanced IP address obfuscation techniques are used to defend against malicious network, transport and application layer denial of service attacks.
Listening Cloud
The listening cloud is comprised of publicly accessible nodes that dynamically allocate resources from multiple cloud service providers, including AWS, Google Cloud and Azure. Orchestrated by Kubernetes, the listening cloud enables near-infinite scale, self-healing and a decentralized hardware infrastructure.
Signing Servers
The signing servers are bare metal servers responsible for producing and signing blocks. They are secured in Equinix data centers in the United States, have hardware signing modules for key security, and are fire-walled so they can only communicate with the listening servers.
Livepeer offers a very attractive staking yield: currently ~ 77% on an annualized basis.
If you own Livepeer (LPT), it’s advisable to bond it to a transcoder so that you can earn the staking yield. To delegate your LPT to Staked, please use the following address:
0xe9e284277648fcdb09b8efc1832c73c09b5ecf59
Delegation is non-custodial, delegates cannot spend your LPT, and your stake is not at risk.
Livepeer aims to decentralize live video broadcast by developing a live video streaming (p2p) network protocol and infrastructure layer on the Ethereum blockchain. The Livepeer protocol is designed to incentivize game theoretically secure, performant and scalable transcoding and distribution of live video. The Livepeer alpha network launched on the Ethereum mainnet on May 1, 2018.
The Livepeer protocol is round based, where each round lasts roughly one day. Token holders delegate their stake to elect transcoder nodes that perform video transcoding work.
At the completion of each round, broadcaster fees and newly minted (via inflation) LPT are distributed, transcoders are slashed (penalized with loss of funds) for any malicious activity, and the active transcoder pool is reset based on total delegated stake, all programmatically at the protocol level.
In the Livepeer network ‘Transcoders’ are responsible for transcoding video, which is the process of converting input streams of video from broadcasters into many different formats, and participating in the Truebit-based transcoding verification protocol.
The Livepeer network supports N (currently 15) active transcoders per round, where N is an adjustable network parameter, in addition to one randomly selected transcoder from the waitlist. Members of the active transcoder set earn inflationary rewards and broadcasting fees during each round in proportion to their total delegated stake of LPT. The active transcoder pool is reset every round based on total delegated stake.
Transcoders publish their price for transcoding a segment of video (Price Per Segment), block reward share percentage (Block Reward Cut) for newly issued LPT, and fee share percentage (Fee Share) for ETH broadcasting fees.
Transcoders need powerful hardware for efficient transcoding (potentially with GPU accelerated transcoding), high bandwidth connections for low latency video distribution, and the DevOps expertise to operate highly available, secure and reliable infrastructure for video broadcasters.
The Livepeer Token (LPT) uses a proof-of-stake (PoS) bonding mechanism to determine the active pool of transcoder nodes, coordinate the allocation of transcoding work across validator nodes on the network, and ensure game theoretic security and performance guarantees for video transcoding and distribution. Rather than using LPT as a medium of exchange within the Livepeer network, broadcasters pay validation nodes for video transcoding and distribution services using ETH.
10,000,000 LPT tokens were generated in the Livepeer genesis block. New tokens are minted each round according to the protocol defined inflation schedule (relative to the outstanding float) and issued to Transcoders pro-rata based on delegated stake for performing transcoding services. Livepeer block rewards are funded by protocol defined inflation. Our Yields page displays protocol inflation as well as real yield when staking.
Transcoders can be slashed, or penalized with the loss of LPT, for failing a verification, failing to invoke a verification when required, or not performing a proportional share of transcoding work based on delegated stake.
All token holders have the option to bond, or ‘delegate’ their LPT stake to Transcoders using the Bond transaction in the Livepeer smart contract. Token holders are incentivized to delegate LPT in order to earn rewards (LPT inflation + ETH broadcaster fees) from Transcoders, and more importantly, to ensure effective Transcoders are elected and performing efficient live video broadcasting services for broadcasters.
To delegate LPT to a transcoder, use the Livepeer block explorer to access a list of the active and candidate transcoders on the network and the following instructions:
Delegation is non-custodial, delegates cannot spend your LPT, and your stake is not at risk. To delegate your LPT to Staked, please use the following address:
https://explorer.livepeer.org/accounts/0xe9e284277648fcdb09b8efc1832c73c09b5ecf590xE9E284277648fcdb09B8EfC1832c73c09b5Ecf59
It’s now possible to connect a hardware wallet to a MetaMask account for additional security.
Staked operates the most secure, performant, and cost-effective block production nodes for decentralized PoS protocols on behalf of institutional investors. Our multi-tier listening and signing node architecture delivers stakeholders the ideal combination of security, scalability and decentralization.
Staked provides industrial scale staking infrastructure for leading PoS protocols including Tezos, EOS, Factom, Cosmos, Decred, R-Chain, OmiseGO, Thunder, Ethereum, Dfinity and more, allowing us to offer our customers the ideal solution for all of their staking needs.
Server Infrastructure
Staked nodes are deployed on high-performance computing resources in a multi-tier configuration that combines security and scalability while minimizing centralization on hardware providers. The infrastructure uses Kubernetes orchestration to ensure high availability and extremely low network latency, and can be scaled on-demand with network growth.
DDoS Protection
AWS Shield, Elastic Load Balancing and advanced IP address obfuscation techniques are used to defend against malicious network, transport and application layer denial of service attacks.
Listening Cloud
The listening cloud is comprised of publicly accessible nodes that dynamically allocate resources from multiple cloud service providers, including AWS, Google Cloud and Azure. Orchestrated by Kubernetes, the listening cloud enables near-infinite scale, self-healing and a decentralized hardware infrastructure.
Signing Servers
The signing servers are bare metal servers responsible for producing and signing blocks. They are secured in Equinix data centers in the United States, have hardware signing modules for key security, and are fire-walled so they can only communicate with the listening servers.
Tezos (XTZs) need to be delegated to a baker to earn block rewards. Staked offers an anonymous and fully automated delegation service for Tezos baking. We post the required bond for baking and charge a 10% baking fee.
Delegation is non-custodial, delegates cannot spend your money (XTZs), and your stake is never at risk. To delegate your XTZ to Staked, please use the following address:
tz1RCFbB9GpALpsZtu6J58sb74dm8qe6XBzv
The Tezos blockchain protocol is a delegated proof-of-stake system that supports Turing complete smart contracts. Tezos is implemented in OCaml, a functional programming language that offers speed, an unambiguous syntax and semantics, and formal proofs of correctness.
The Tezos betanet was launched on June 30th, 2018, and started processing real transactions that will persist on ‘mainnet’. The Tezos Foundation was responsible for all block production and validation during the first seven cycles, approximately three weeks. On July 21st, 2018, the first non-Tezos Foundation, or ‘community’ block was baked.
Baking is what Tezos refers to as the action of signing and publishing a new block in the chain. Bakers need at least 10,000 XTZ (~ $22,000) to qualify as a delegate, and having additional delegated stake increases their chances of being selected as a Baker or Endorser.
At the beginning of each cycle (4096 blocks or ~ 3 days), the Bakers for each block are randomly selected and published. Bakers earn a block reward of 16 XTZ for baking a block.
In addition to the Baker, 32 Endorsers are randomly selected to verify the last block that was baked. Endorsers receive 2 XTZ for each block they endorse.
Block rewards are funded by protocol defined inflation. Rewards are calibrated so that the number of XTZ tokens grows at roughly 5.5% per year. If 100% of Tezos tokens are delegated, the annualized yield will be 5.5%. Currently, 38% of Tezos tokens have been delegated, including the 10% owned by the Tezos Foundation, so the annualized yield is currently 14%.
To ensure Bakers and Endorsers act honestly, they are required to post a security deposit for each block they Bake or Endorse. They forfeit this deposit in the event of malicious activity, such as double baking or double endorsing a block.
Protocol amendments are adopted over election cycles 131,072 blocks, or ~3 months. This cycle is expected to increase in length as the protocol matures. A quorum of 80% is required for governance proposals.
To choose a Delegate and participate in Tezos’s proof-of-stake mechanism, you will need to first activate your XTZ Allocation, create an account for delegating that stake, and specify the public delegate key responsible for taking part in baking and governance on your behalf. You can change the delegate at any time, though the change only becomes effective after N cycles.
Staked operates the most secure, performant, and cost-effective block production nodes for decentralized PoS protocols on behalf of institutional investors. Our multi-tier listening and signing node architecture delivers stakeholders the ideal combination of security, scalability and decentralization.
Staked provides industrial scale staking infrastructure for leading PoS protocols including Tezos, EOS, Factom, Cosmos, Decred, R-Chain, OmiseGO, Thunder, Ethereum, Dfinity and more, allowing us to offer our customers the ideal solution for all of their staking needs.
Server Infrastructure
Staked nodes are deployed on high-performance computing resources in a multi-tier configuration that combines security and scalability while minimizing centralization on hardware providers. The infrastructure uses Kubernetes orchestration to ensure high availability and extremely low network latency, and can be scaled on-demand with network growth.
DDoS Protection
AWS Shield, Elastic Load Balancing and advanced IP address obfuscation techniques are used to defend against malicious network, transport and application layer denial of service attacks.
Listening Cloud
The listening cloud is comprised of publicly accessible nodes that dynamically allocate resources from multiple cloud service providers, including AWS, Google Cloud and Azure. Orchestrated by Kubernetes, the listening cloud enables near-infinite scale, self-healing and a decentralized hardware infrastructure.
Signing Servers
The signing servers are bare metal servers responsible for producing and signing blocks. They are secured in Equinix data centers in the United States, have hardware signing modules for key security, and are fire-walled so they can only communicate with the listening servers.