Powerledger

What is Powerledger?

Powerledger is a Solana-based permissioned blockchain platform that allows for (P2P) energy tracking and trading and environmental commodity trading. Because it is based on Solana, Powerledger scales up to 50,000+ TPS (Transactions-per-Second) with minimum energy consumption.

Powerledger aims to lead the global democratization of the energy market by offering a distributed system for renewables therefore allowing users to fulfill their energy needs and trade, track, and audit information.

POWR is the native cryptocurrency of the Powerledger blockchain, used for granting participation in renewable energy transactions and earning rewards.

What is Poweledger staking?

Staking is a great way for long-term crypto investors to earn passive income on their Proof-of-Stake cryptocurrency assets (such as POWR) 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 take part 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 POWR does not require stakers to transfer their token to validators. It is a non-custodial process.

Why is Stakin a great choice for Powerledger (POWR) 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 has been an early supporter of the Solana blockchain ecosystem and is dedicated to the long-term growth of Solana and Solana-based blockchains.

There are several advantages when staking your Powerledger (POWR) 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

• 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 Powerledger (POWR) Staking?

• As an institutional-grade Powerledger 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 and slashing guarantees

• Staking via WalletConnect, which is supported by most professional custody solutions

• Dedicated Account Manager to answer all your technical and commercial questions

• Whitelabel and dedicated nodes with dedicated infrastructure that can be deployed in your preferred region to fit decentralization or compliance needs

• 24/7 monitoring and alerting with a private dashboard for dedicated and Whitelabel nodes