Leading PoS Validator Stakin strategically partners with Crypto.org Chain

Crypto.org

Sep 24, 2021

2 min read

Leading PoS Validator Stakin strategically partners with Crypto.org Chain

Stakin and Crypto.org Chain have strategically partnered to develop the Crypto.org ecosystem and provide secure validation services. Stakin is a leading Proof-of-Stake validation service with operations on 20+ Mainnet protocols and extensive experience with the Cosmos ecosystem and Cosmos SDK blockchain networks. Crypto.org Chain is a secure Proof-of-Stake blockchain built by Crypto.com with use cases across DeFi, payments, and NFTs.

As part of this collaboration, Stakin is now offering staking services on Crypto.org blockchain under the validator address crocncl18nc2zx5rs7jwm7dwk5gvelul2wer8zfykfmg8h.

CRO token holders on the Crypto.org blockchain can now select Stakin as their validator to earn interest on their holdings. To provide incentives for the community and new delegators, the validator is running with a 0% commission rate until January 2022. In addition to its validation services, Stakin intends to bring positive contributions to the protocol and community, whether through governance or content and marketing. Stakin will also offer value-added services for institutional investors looking to stake their CRO, such as reward tracking and dedicated client support.

Additionally, Stakin will be operating nodes on Crypto.org testnets and help develop other initiatives such as the Cronos network, the Crypto.org EVM (Ethereum Virtual Machine) compatible blockchain. EVM improves compatibility with the Ethereum ecosystem and will enable developers on Cronos to easily deploy Solidity DApps and smart contracts. Built on Ethermint and IBC compatible, it offers scalability and is intended to be interoperable with the Cosmos ecosystem.

With this strategic partnership, Stakin joins the exclusive set of validator partners selected by the Crypto.org teams, such as Chainflow, Staked.us, Allnodes, Audit.one, and more.

About Crypto.org Chain

Crypto.org Chain is a public, open-source and permissionless blockchain - a fully decentralized network with high speed, low fees and great energy efficiency designed to be a public good that helps drive mass adoption of blockchain technology through use cases like Payments, DeFi and NFTs.

About Stakin

Stakin is an infrastructure operator for Proof-of-Stake (PoS) public blockchains, offering delegation services. The company enables PoS cryptocurrency holders to earn interest on their holdings, and take part in decentralized governance, in a strictly non-custodial manner.

Stakin serves institutional crypto players, foundations, custodians, exchanges as well as a large community of retail token holders. Driven by demand from institutional customers and the community, Stakin provides services for multiple blockchains including leading ecosystems such as Cosmos, Solana, Polygon, Polkadot, and more.

For more information about Stakin, visit the website, Twitter and join the Telegram or Discord communities.


DISCLAIMER: This is not financial advice. Staking, delegation, and cryptocurrencies involve a high degree of risk, and there is always the possibility of loss, including the loss of all staked digital assets. Additionally, delegators are at risk of slashing in case of security or liveness faults on some protocols. We advise you to do your due diligence before choosing a validator.

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