Think & Stake

Liquid Staking WG call 2 recording and notes are up! (Paradigm Fund attended and it was amazing!)

We discussed:

- research report outline (5:00)

- Sunny’s Cosmos SDK multi-token Fungible Staking Derivatives (29:02)

Trust-Less 2020, a FREE virtual Proof-of-Stake Validator Summit was a success! It was a historic opportunity to learn how to run validators from top blockchain architects and staking-as-a-service companies like Coinbase, Polkadot, Cosmos, Prysmatic Labs, Tezos, Coda, and many others.

Watch and enjoy:

(Polkadot)

Hands-On Workshop w/ Demo Teaching

You How To Run A Validator on Polkadot

(Coda Protocol)

Hands-On Workshop w/ Demo Teaching

You How To Run A Validator on Coda

(Skale Labs)

Hands-On Workshop w/ Demo Teaching

You How To Run A Validator on Skale

(Celo)

Hands-On Workshop w/ Demo Teaching

You How To Run A Validator on Celo

(Tezos)

Hands-On Workshop w/ Demo Teaching

You How To Run A Validator on Tezos

(NuCypher)

Hands-On Workshop w/ Demo Teaching

You How To Run A Validator on Nucypher

(Matic)

Hands-On Workshop w/ Demo Teaching

You How To Run A Validator on Matic

Coinbase Custody and Bison Trails join Proof of Stake Alliance, seeking to bring tax clarity. The Proof of Stake Alliance (POSA) — a group of organizations dedicated to educating U.S. regulators on blockchains — has expanded its membership. POSA has added Coinbase Custody and Bison Trails to its members’ list. The alliance aims to educate lawmakers and bring regulatory and tax clarity for PoS tokens. Matt Perona, COO of Polychain Capital and board member of POSA, told The Block: “Our main focus currently is on the tax treatment of staking rewards for token holders.”

30 Cosmos Governance Working Group with Figment’s Gavin Birch — In this episode Felix is joined by Gavin Birch, community analyst at Figment Networks, who has taken it upon himself to improve the decentralized governance process of the Cosmos Hub. They start by going into Gavin’s background in the crypto space and how he joined the Figment team before exploring Gavin’s experience working on coordinating the upgrade to Cosmos Hub 3.

31 Unslashed: Insuring Blockchain Risks with Marouane Hajji — Insurance is a part of the finance stack that has received less attention in the Defi space compared to other segments like lending and derivatives. In this episode, Meher and Felix are joined by Marouane Hajji, Co-Founder at Unslashed, to talk about blockchain risk, insurance, and the protocol that Unslashed is building. They start out exploring why blockchain risks can’t yet be insured using traditional insurance methods, as well as the go-to-market approach of Unslashed and their first product: a fully collateralized slashing insurance. They also discuss the interplay between staking derivatives and insurance and the interplay of the Melon Protocol and Unslashed to manage collateral for risk underwriters.

Visit stakefish’s Oasis Protocol leaderboard to check the validator list and status. A better internet is only a matter of time. Oasis is a decentralized network that uses confidential computing to empower privacy-first applications.

The total value locked in staking has crossed $10B. In the chart below you can find TOP 10 coins by value staked. Data based on Staking Rewards. See post by ICO Analytics.

Staking overview by CryptoDiffer. The projects are sorted by Adjusted Rewards. Data is provided by Staking Rewards.

In the first days of January 2020, a new type of asset appeared on Tezos. In block 767840, a transaction was submitted to originate the StakerDAO Contract (KT1EctCuorV2NfVb1XTQgvzJ88MQtWP8cMMv) on the Tezos Mainnet — and StakerDAO, its STKR tokens, and the Staker Agora governance process were launched.

Each governance cycle runs for 1 calendar month and is divided into 4 phases, and each phase lasts 1 week — with the 4th phase lasting the remainder of the calendar month. During each phase, a different set of tasks are eligible to be conducted — some on-chain and some off. This cycle starts on the 1st of each month, and the first governance cycle began on January 1, 2020.

Recently, Solana has successfully launched a testnet, and Everstake decided to make an interview with Solana founder, highlighting the path that he went through to build new technology. Meet Anatoly Yakovenko, founder of the Solana blockchain, a person who worked to solve technological complexities and eventually came with the working solution that can make a big difference in the blockchain space.

Staking ecosystem surges to $8 billion valuation. The total amount of staked cryptocurrency has spiked to an all-time-high over $8 billion.

“Along with the proliferation of proof-of-stake cryptocurrencies, the other factor behind the growth says Yannick Folla from Figment Networks, is the rise of staking services. These allow investors to bypass the complexity of staking and avoid the annoyance of having to validate transactions or manage a node in exchange for surrendering a cut of the revenue.”