Stakin To Support Staking For Dock

Dock

Polkadot

Oct 14, 2021

2 min read

Stakin To Support Staking For Dock

Stakin is happy to inform you that we are now officially among the 50 active validators for Dock. Dock is an open-source network providing infrastructure and tools to issue credentials that can be verified using blockchain technology. Dock allows an individual or entity to create and manage their own decentralized identity (DID), and Dock verifies its authenticity using blockchain technology.

The Dock blockchain has recently migrated from a Proof of Authority to a Nominated Proof of Stake network consensus mechanism developed by Web3.Foundation, thus ensuring further decentralization with the introduction of validators. Staking rewards for $DOCK are called emission rewards. Each year, the network releases at most 25% of the circulating supply.

You can delegate your $DOCK to Stakin via the following address: 3GkZUuAFHWVK3SHwDYV1FhBmZncGzhQBxmPdZcLeRXSS9Rsr

Dock aims to solve the inefficiencies in existing data solutions: untrusted or inaccurate information, data silos and gatekeepers, incompatibilities, privacy for users, and lack of control. The network is built on Substrate, the modular blockchain framework that underpins Edgeware and Kusama and the Polkadot ecosystem as a whole. Substrate enables developers to quickly develop and launch a blockchain with a wide range of feature options for various project needs.

Stakin, as a trusted validator for many other Substrate networks such as Kusama, Polkadot, StaFi, KILT, and over 20 other blockchain projects, feels thrilled to be able to reinforce the Dock Network as a validator.

For more information on Dock, look at their website, Twitter, Telegram, or blog.

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 interests on their holdings and participate in decentralized governance while remaining in possession of their cryptocurrencies.

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, 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 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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