Shentu Chain

What is Shentu Chain?

Shentu Chain is a blockchain security pioneer, securing and monitoring blockchain protocols and smart contracts with best-in-class AI technology.

Shentu prioritizes economics and performance using a Delegated Proof-of-Stake (DPoS) consensus protocol. Shentu integrates the Cosmos framework, ensuring modularity and inter-chain compatibility, complemented by a fully compatible virtual machine supporting EVM. Shentu Chain is a public Tendermint-based blockchain built using the Cosmos SDK.

CTK is the native cryptocurrency of Shentu Chain used to pay for gas fees and incentivize users who contribute to Shentu’s development and security.

What is Shentu staking?

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

Why is Stakin a great choice for Shentu (CTK) 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 a Shentu mainnet operator since October 2020. We also took part in the Shentu testnet in July 2020. Stakin is 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 Shentu (CTK) 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 Shentu (CTK) Staking?

• As an institutional-grade Shentu 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

• Integration with custodians, such as Fireblocks (via raw signing)

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

• 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)