Xion

What is Xion?

XION is the first modular Generalized Abstraction layer, purpose-built for consumer adoption by enabling seamless user experiences for everyday users.

The Generalized Abstraction layer’s foundation is built upon the seamless integration of complex blockchain functionalities – such as accounts, signatures, fee management, and interoperability directly at the protocol level.

XION eliminates significant barriers to entry for new users while circumventing fragmentation challenges for developers. Its signature-agnostic infrastructure supports a wide array of existing cryptographic curves. It is readily adaptable to future developments, broadening its market reach and assuring long-term viability and interoperability across different blockchain protocols.

XION has raised over $11M from industry-leading investors, including Animoca Brands, Circle Ventures, Multicoin, Valor, Hashkey, Spartan, Mechanism, Figment, Stateless Ventures, Coinlist Seed, Injective, Alliance DAO, Sandeep Nailwal (Polygon), and others.

What is Xion staking?

Staking is a great way for long-term crypto investors to earn passive income on their Proof-of-Stake cryptocurrency assets (such as XION) 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 you receive 5 additional tokens as your reward – minus eventual fees charged by the staking provider.

Staking Proof-of-Stake (PoS) cryptocurrencies such as XION does not require stakers to transfer their token to validators. It is a non-custodial process.

Why is Stakin a great choice for Xion 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 Xion (XION) tokens, as we have a strong expertise and track record of reliable operations on this network. Stakin has been a Xion operator since testnets and a genesis Mainnet operator since 2024.

There are several advantages when staking your XION 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 Xion (XION) Staking?

As an institutional-grade Xion 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 and slashing guarantees.

• 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 which 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)