ZetaChain
ZETAWhat is Zetachain?
Zetachain is a Layer 1 blockchain and smart contract platform connecting various blockchains, from Ethereum to Bitcoin, allowing unified crypto ecosystem access.
Developers can use Zetachain to deploy Omnichain Smart Contracts, ensuring compatibility with different blockchains. For users, it offers a single platform to manage assets and interact with the web3 ecosystem, simplifying the experience.
ZETA is the official cryptocurrency of the Zetachain ecosystem used to secure the PoS network, pay transaction fees, and participate in governance.
What is ZetaChain staking?
Staking is a great way for long-term crypto investors to earn passive income on their Proof-of-Stake cryptocurrency assets (such as ZETA) 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 can 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 ZETA does not require stakers to transfer their token to validators. It is a non-custodial process.
Why is Stakin a great choice for staking on ZetaChain?
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 highly experienced in running validators for Cosmos SDK blockchains and Proof-of-Stake blockchains alike, currently supporting 20+ Cosmos networks. We have been a ZetaChain operator since March 2023 (testnet). Stakin has also played a significant role in governance on ZetaChain, contributing to over 80% of the proposals and influencing key decisions. Stakin has also maintained a consistent 99%+ uptime record, showcasing dedication to network reliability.
There are several advantages when staking your ZetaChain (ZETA) 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 Zetachain (ZETA) stakers
As an institutional-grade Zetachain 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 to 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)