Stakin to Operate Validators on Aptos

Aptos

Oct 18, 2022

2 min read

Stakin to Operate Validators on Aptos

Stakin is pleased to announce that we are providing staking services for Aptos Network as a Mainnet Genesis participant. Aptos is a Proof-of-Stake blockchain building a scalable layer-1 blockchain solution built with the Move programming language. The network brings vital new features such as Hybrid Custody, parallel execution, and horizontal throughput scalability to the PoS ecosystem.

Over 350+ developers worldwide have worked on the Aptos blockchain over the last three years. It introduces new and innovative ideas in consensus, smart contract design, system security, performance, and decentralization. These technologies will serve as a foundation for bringing web3 to the masses, according to the Aptos team.

Aptos Labs launched the Aptos Incentivized Testnet (AIT) in the first half of 2022. The incentivized testnet covered three phases and ended in September 2022.   The Aptos testnets were highly successful with hundreds of participants. The Aptos team selected the most performant testnet operators as partners and community node operators. The Aptos team delegated foundation delegation to the selected validators, and they were automatically selected as Mainnet participants. Stakin is happy to have been chosen for the Foundation delegation program and to support Aptos as a Mainnet genesis validator.

Stakin is thrilled to endorse the Aptos Network as a validator among over 38 other blockchain projects, such as Solana, Ethereum, Polygon, Polkadot, and Cosmos. We look forward to contributing to the ongoing refinement and growth of the blockchain and assisting in the achievement of its goals.

Get to know more about Aptos in our article “Introducing Aptos: Building a Scalable Layer-1 Blockchain

About Stakin

Stakin is an infrastructure operator for Proof-of-Stake (PoS) public blockchains, offering non-custodial delegation services. The company enables PoS cryptocurrency holders to earn interest on their holdings and participate in decentralized governance while remaining in possession of their cryptocurrencies.

Stakin serves institutional crypto players, foundations, custodians, exchanges, and a large community of retail token holders. Driven by institutional customers and community demand, 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, Blog, or join the Telegram and Discord community.


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

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