Nibiru Chain
NIBIWhat is Nibiru?
Nibiru is a sovereign open-source proof-of-stake blockchain platform. Nibiru is built on the Cosmos SDK and connected with the IBC-compatible Cosmos ecosystem. Nibiru combines leveraged derivatives trading, spot trading, staking, and bonded liquidity provision into a unified user experience.
Some of the core Nibiru products include the following:
Nibi-Perps, a perpetual futures market where users can take leveraged exposure and trade on a wide range of assets – entirely on-chain, completely non-custodial, and with low gas fees.
Nibi-Swap, an automated market maker protocol for multichain assets.
A native, decentralized oracle system to accurately price assets and communicate with other Cosmos Layer-1 chains using the Inter-Blockchain Communication (IBC) protocol.
Nibiru is powered by a two-token economic model, with NIBI as the protocol's staking and utility token and NUSD as a capital-efficient, partially collateralized stablecoin.
What is Nibiru staking?
Staking is a great way for long-term crypto investors to earn passive income on their Proof-of-Stake cryptocurrency assets (such as NIBI) while taking part in securing the network.
Stakers, by delegating tokens to validators, give voting rights to these to validate transactions on the blockchain and propose new blocks. The more stake is attributed to a validator, the more it will be able to participate in the network consensus and earn rewards for its stakers.
A quick example: Suppose a blockchain network offers a 5% reward rate for a staking period of 1 year (5% APR). You decide to lock up and stake 100 tokens on the network. After a year, you can access your staked tokens and receive five additional tokens as your reward – minus eventual fees charged by the staking provider.
Staking Proof-of-Stake (PoS) cryptocurrencies such as NIBI does not require stakers to transfer their token to validators. It is a non-custodial process.
Why is Stakin a great choice for Nibiru (NIBI) staking?
Staking your assets on your own is operationally challenging as it requires specialist expertise to set up nodes and ensure constant uptime to maximize rewards or prevent so-called slashing: partial loss of your staked cryptocurrencies due to prolonged downtime, or inappropriate/malicious behavior by the node operator.
Stakin is an excellent choice for staking your Nibiru (NIBI) tokens, as we have a strong expertise and track record of reliable operations on this network. Stakin has been running on Nibiru since early testnets and have been selected as an early Mainnet genesis partner. We are highly experienced in running validators for Cosmos SDK blockchains and Proof-of-Stake blockchains alike, currently supporting 20+ Cosmos networks.
There are several advantages when staking your Nibiru (NIBI) tokens with Stakin, such as:
Triple AAA-rated institutional staking provider by Staking Rewards
ISO 27001 certified staking provider
Tracking dashboard, to easily track and generate reports for the performance of your staked assets
Reliable infrastructure - We distribute our servers across various geographical locations and partner with premier bare metal and cloud providers
RPC nodes and IBC Relayers connecting the IBC ecosystem of networks together (as a community contribution)
Dedicated support for all your staking, unstaking, and network-related questions
Institutional grade SLAs with uptime and slashing guarantees
What kind of institutional services does Stakin offer for Nibiru (NIBI) Staking?
As an institutional-grade Nibiru node operator, Stakin has a full range of staking services and advantages to cater to the needs of enterprises and investors, such as asset managers, company treasuries, exchanges, VCs and hedge funds, wallets, custodians, and liquid staking services.
Institutional grade SLAs with 99.5%+ uptime guarantees for both validator and oracle operations, and slashing guarantees
Integration with custodians, such as Fireblocks (via raw signing)
Dedicated Account Manager to answer all your technical and commercial questions
Information about potential airdrops that you may be eligible for by staking with us so that stakers can maximize your staking yield
Custom integrations and solutions such as custom performance reporting via API or CSV with the possibility to match your backend requirements
Whitelabel and dedicated nodes with dedicated infrastructure that can be deployed in your preferred region to fit decentralization or compliance needs
Automated commission and reward management with clear reporting
24/7 monitoring and alerting with a private dashboard for dedicated and Whitelabel nodes
Free premium access to Stakin Dashboard, which includes staking data visualization across any validator and premium historical data features (on selected networks)