P2P.org Blog: Insights, Guides, and News

restaking, EigenLayer Know Your AVS!

<h3 id="restaking-with-p2porg-know-your-avs"> Restaking with P2P.org: Know Your AVS</h3>The latest development in the EigenLayer protocol has culminated with the launch of the EigenLayer Stage 2 mainnet. This phase marks the introduction of Operators, who assume responsibility for performing validation tasks for Actively Validated Services (AVS) built on the EigenLayer protocol. This pivotal step is a significant protocol evolution as Operators can now register to the network and begin validating for the AVSs. Restakers can delegate their stake to operators and start implementing the primary mission of EigenLayer.EigenLayer paves the way for a thriving ecosystem of AVSs on the mainnet. To make your life easier, we prepared a short introduction to AVSs that went live recently. We support you in your restaking journey—that's what we do. Let's explore together.<h2 id="brevis-co-chain">Brevis Co-Chain </h2><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/brevis.jpg" class="kg-image" alt loading="lazy" width="2000" height="1125" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/brevis.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/brevis.jpg 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/brevis.jpg 1600w, https://p2p.org/economy/content/images/2024/04/brevis.jpg 2000w" sizes="(min-width: 720px) 720px"></figure> Smart contracts require quite a lot of computational resources to operate on-chain for data-driven or complex features. To access such features, users pay huge amounts of fees to Ethereum validators to execute the code of the smart contract.To resolve that, Brevis migrates the heavy computation off-chain and allows smart contracts to access full historical on-chain data and run customizable computations in a trust-free manner using Zero-Knowledge Proofs. This has opened endless possibilities for data-driven features: DEXes are able to build<a href="https://twitter.com/UniswapFND/status/1719760883965149501?ref=p2p.org"> VIP loyalty programs</a> based on a user's past trading volume; active liquidity management protocols can trigger predefined user intents with ZK-verified on-chain states and events; AMMs can have strong LVR protection and more robust farming reward distribution programs; protocols can utilize<a href="https://twitter.com/TrustaLabs/status/1768114687089295770?ref=p2p.org"> multi-dimensional ZK-reputation</a> metrics to segment users and provide a personalized UX based on an address's on-chain footprint.Alongside the "pure-ZK" model, the new Brevis coChain AVS "optimistically" generates result proposals for coprocessing requests, which are subject to challenge by Zero-Knowledge fraud proofs. This will drastically reduce costs in cases where proposals are not challenged, while the baseline security is ensured by the overarching coChain Slashing Window, which accepts ZKPs to rectify invalid results.More details: <a href="https://blog.brevis.network/2024/01/18/introducing-brevis-cochain-the-fusion-of-crypto-economics-and-zk-proof-in-a-zk-coprocessor/ ?ref=p2p.org" rel="noreferrer">Blog</a> Social Media: <a href="https://twitter.com/brevis_zk?ref=p2p.org" rel="noreferrer">Twitter</a><h2 id="altlayer">AltLayer</h2><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/alt-layer.jpg" class="kg-image" alt loading="lazy" width="2000" height="1125" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/alt-layer.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/alt-layer.jpg 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/alt-layer.jpg 1600w, https://p2p.org/economy/content/images/2024/04/alt-layer.jpg 2000w" sizes="(min-width: 720px) 720px"></figure> AltLayer offers products for rollups based on security from restaking (called restaked rollups). It consists of three integrated “layers”; rollups may choose to use all of them or some particular layer according to their needs.VITAL—a decentralized verification network. It is used to verify rollup states—currently, this is done poorly or even in a centralized manner. It enhances the rollup's security properties.MACH—speeds up the finality of the rollups via restaked security. It acts as a “pre-Ethereum” rollup state attestation and finalization layer, which is partially secured by Ethereum (restaked ETH). This is particularly needed for faster interoperability since assets cannot be transferred to another blockchain until the state is finalized. SQUAD—is decentralized sequencing (txs ordering or block building) for rollups. It provides censorship resistance and additional utility for rollup tokens (presumably through a dual-staking model).More details: <a href="https://blog.altlayer.io/introducing-restaked-rollups-ac6a1e89b646?ref=p2p.org" rel="noreferrer">Blog</a> Social Media: <a href="https://twitter.com/alt_layer?ref=p2p.org" rel="noreferrer">Twitter</a><h2 id="eoracle">eOracle</h2><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/2560x1440-59.jpg" class="kg-image" alt loading="lazy" width="2000" height="1125" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/2560x1440-59.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/2560x1440-59.jpg 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/2560x1440-59.jpg 1600w, https://p2p.org/economy/content/images/2024/04/2560x1440-59.jpg 2000w" sizes="(min-width: 720px) 720px"></figure>Their design will revolutionize the Oracle space by extending Ethereum's core principles: permissionless participation, decentralized ownership, and crypto-economic security. They will establish the next-generation Oracle network via a credibly neutral marketplace for data and computation across all Ethereum rollups. eOracle is disrupting one of the industry's largest markets and one currently trending toward a monopoly. Designed as a modular and programmable data layer, eoracle is backed by restaked ETH and the decentralized network of Ethereum validators. eoracle is the Actively Validated Oracle built using EigenLayer and secured by Ethereum.More details: <a href="https://blog.eoracle.io/introducing-eoracle/?ref=p2p.org" rel="noreferrer">Blog</a> Social Media: <a href="https://twitter.com/eoracle_network?ref=p2p.org" rel="noreferrer">Twitter</a><h2 id="witnesschain">WitnessChain</h2><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/witness-chain--1-.jpg" class="kg-image" alt loading="lazy" width="2000" height="1125" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/witness-chain--1-.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/witness-chain--1-.jpg 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/witness-chain--1-.jpg 1600w, https://p2p.org/economy/content/images/2024/04/witness-chain--1-.jpg 2000w" sizes="(min-width: 720px) 720px"></figure> WitnessChain is the EigenLayer AVS for DePIN coordination. It is the first physical state consensus protocol that unifies a siloed DePIN economy. WitnessChain unlocks a shared economy of integrated physical assets, facilitating the exchange of resources like computing, networks, and more.The Rollup Watchtower Network, which serves as WitnessChain’s in-house DePIN, is now live. This network is a first line of defense for rollups, ensuring that operators actively validate transactions on a Rollup and that any fraud is always detected. More than 17000 bounties have already been submitted for watching Optimism on testnet.WitnessChain has a vibrant ecosystem of 20+ DePINs and rollups that will benefit from being validated for their state. This validation is provided by robust crypto-economic security and a strong ecosystem of EL Operators.More details: <a href="https://twitter.com/witnesschain/status/1773058514254201308?ref=p2p.org" rel="noreferrer">Tweet</a> Social Media: <a href="https://twitter.com/witnesschain?ref=p2p.org" rel="noreferrer">Twitter</a><h2 id="lagrange"> Lagrange</h2><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/lagrange.jpg" class="kg-image" alt loading="lazy" width="2000" height="1125" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/lagrange.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/lagrange.jpg 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/lagrange.jpg 1600w, https://p2p.org/economy/content/images/2024/04/lagrange.jpg 2000w" sizes="(min-width: 720px) 720px"></figure>The Lagrange’s State Committee network is a ZK light client for optimistic rollups that settle on Ethereum, powered by Lagrange’s ZK Coprocessor. By combining Lagrange State Committees with EigenLayer, we are creating a zone of shared security that any interoperability protocol or dApp can leverage without incurring high operational overhead. Compared to other cross-chain interoperability solutions, such as permissioned validation or bonded staking/slashing, which come with issues related to risk stacking, low latency, and price volatility, State Committees and restaking through EigenLayer offer an optimal balance of robust shared security, trust minimization, and decentralization along with cost efficiency. More details: <a href="https://medium.com/@lagrangelabs/scaling-programmable-trust-on-eigenlayer-with-lagranges-state-committees-and-big-data-coprocessor-ec56a7562652?ref=p2p.org" rel="noreferrer">Medium</a> Social Media: <a href="https://twitter.com/lagrangedev?ref=p2p.org" rel="noreferrer">Twitter</a><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">STAY TUNED FOR MORE AVS! ENJOY ALL THE BENEFITS OF RESTAKING WITH P2P.org</div></div><h2 id="contact-us">Contact Us:</h2>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> We are always open for communication. We encourage you to check our website and start our staking journey together!<div class="kg-card kg-button-card kg-align-center"><a href="https://p2p.org/ethereum?ref=p2p.org" class="kg-btn kg-btn-accent">Stake with us!</a></div><hr>Web: <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a> Blog: <a href="https://p2p.org/economy/">https://p2p.org/economy</a> Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a> Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Kamil Jakub Natil

from p2p validator

Staking Introducing Staking-as-a-Business, SaaB

Staking-as-a-Business is here to support your core business.Currently, 31 million ETH, over a quarter of its circulating supply, are staked. From March 22, 2023, to March 22, 2024, saw a significant surge, with the volume of staked assets and the number of new depositors increasing, according to CryptoQuant. This underscores a robust and steady uptick in new entrants actively contributing to the Ethereum network's security. Furthermore, as the combined market capitalization of all Proof of Stake blockchains approaches $600 billion, P2P.org has emerged as a key player, offering a secure and non-custodial gateway into the staking economy. Already, we've attracted over 90,000 delegators and locked in over $7+ billion (April 14) in value, making us one of the <a href="https://www.stakingrewards.com/providers/all?ref=p2p.org">largest staking operators by TVL</a>, and the momentum shows no signs of slowing down, especially with an ETH ETF just around the corner.We believe the future of staking sits with not only delegators but also the companies building in the Web3 & DeFi space, and this is why collaboration and partnerships are the fastest way to growth. In a recent article in Blockworks looking at the growth of CoinBase, they stated that<blockquote class="kg-blockquote-alt">"Rewards earned for staking tokens to secure blockchains accounted for 11% of Coinbase's revenue in 2023"</blockquote>As a leading validator, we're in the front seat of this growth with our partners and those who have integrated into our infrastructure over the past year. This is why we're doubling down on not only our stalking solution but also the support we offer our partners in the space: We're launching SaaB.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Twitter-cover.jpg" class="kg-image" alt loading="lazy" width="1500" height="500" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Twitter-cover.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Twitter-cover.jpg 1000w, https://p2p.org/economy/content/images/2024/04/Twitter-cover.jpg 1500w" sizes="(min-width: 720px) 720px"></figure> What is Staking-as-a-Business (SaaB)?SaaB is more than just an integration into our infrastructure; it's a partnership. It allows you to add staking services to your existing core business and an additional team to support the growth of your new staking business. Our experienced team, comprising business experts, innovative marketers, and legal advisors, is dedicated to collaborating with you at every stage, guaranteeing a smooth integration and launch. From the outset with technical setup, through legal support, to marketing partnerships and advice, we stand ready to draw new users and effectively promote your new staking offering.In a nutshell, SaaB simplifies the process for both users and those who partner with us to offer staking. It eliminates the complexity of managing intricate infrastructure and opens up new avenues for revenue generation and user acquisition to help support growth for your core business.<figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/MRTkAyl70suI0IRLpywc-bGn3GQUljlM9lixnD8PNls4hdfjaDLeouAkOBrYyZj_WGtONsr2ijPYqloDAiH2xGnJWv9922pycmjjgqmIzdXYGRXW6giLeTaxQPOFno5IP6IpalwEUaSlaYUR78XxGQQ" class="kg-image" alt loading="lazy" width="1600" height="1024"></figure>Technology is at the heart of everything we do.SaaB is specifically designed for institutions, custodians, wallets, and exchanges. You can benefit from our comprehensive data reporting, stringent SLAs, and round-the-clock support as you launch a profitable revenue stream.As a SaaB user, your personalized dashboard is designed to bring insights and growth opportunities to your fingertips. Our dashboard, centered around the user experience, enables you to access all the essential information in one place effortlessly. Everything is streamlined for ease of use, from viewing your current APR and total rewards to examining your overall staked balance and associated fees. With just a few clicks, you can also share crucial growth data internally, enhancing your ability to effectively strategize and optimize your staking approach.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/SlidesWebsite1.png" class="kg-image" alt loading="lazy" width="2000" height="480" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/SlidesWebsite1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/SlidesWebsite1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/SlidesWebsite1.png 1600w, https://p2p.org/economy/content/images/2024/04/SlidesWebsite1.png 2124w" sizes="(min-width: 720px) 720px"></figure>It's a partnership, not an integration.We believe the key to success is collaboration, our teams work with you to understand your goals better, how integrating staking into your core business can help you reach your goals, but also, how our experience can also help you meet your broader business goals. From day one, you have the expertise and knowledge of our sales, marketing, legal, and business teams to help answer your questions. Along with turnkey solutions to ensure your launch goes smoothly. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/SlidesWebsite2.png" class="kg-image" alt loading="lazy" width="2000" height="480" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/SlidesWebsite2.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/SlidesWebsite2.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/SlidesWebsite2.png 1600w, https://p2p.org/economy/content/images/2024/04/SlidesWebsite2.png 2124w" sizes="(min-width: 720px) 720px"></figure>Our commitment to parity with our 50/50 revenue share model reflects our belief in the power of equal partnerships.  With our simple and transparent revenue share model, there are no hidden fees or complex structures. Our partners can confidently invest their time and resources, knowing they will partake equally in the rewards.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/SlidesWebsite3.png" class="kg-image" alt loading="lazy" width="2000" height="480" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/SlidesWebsite3.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/SlidesWebsite3.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/SlidesWebsite3.png 1600w, https://p2p.org/economy/content/images/2024/04/SlidesWebsite3.png 2124w" sizes="(min-width: 720px) 720px"></figure>We pride ourselves on our equitable revenue-sharing models and are driven by a commitment to redefine excellence in our field. Far surpassing the usual industry benchmarks, we strive to provide unparalleled security and performance. Our rigorous Service Level Agreements (SLAs) are central to our pledge, guaranteeing you receive premium service without any concessions.So why should your users get excited about Staking? Integrating Staking-as-a-Business (SaaB) into your platform offers your users a multitude of reasons to get excited. The advantages are substantial, from accessing a multichain staking platform that supports 38 Proof of Stake blockchains to benefiting from P2P.org's enterprise-grade solutions and unparalleled support. <div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">⬇️</div><div class="kg-callout-text">Here's why your users will be eager to explore staking with SaaB!</div></div>Multichain Accessibility<ul><li>Diverse Staking Opportunities: Users can stake across various popular networks directly through Web3 wallet connections or APIs, broadening their investment horizons and resulting in more user stickiness for your platform.</li><li>Comprehensive Data and Reporting: Easy access to staking data and the ability to generate detailed reports ensure users can track their investments effectively.</li></ul>Unmatched Support and Security<ul><li>24/7 Expert Support: Round-the-clock assistance from knowledgeable professionals ready to address any queries or concerns.</li><li>Exceptional Uptime and Security: With an average uptime of 99%, P2P.org's infrastructure ensures continuous reward generation while minimizing performance-related risks.</li></ul>Legal Compliance and Innovation<ul><li>Legal and Regulatory Compliance: Assurance of operations within the legal framework, providing peace of mind to institutional clients and large stakers.</li><li>Continuous Innovation: Access to the latest market innovations and special offers, keeping your users at the forefront of staking advancements.</li></ul>Enhanced Yield Opportunities<ul><li>EigenLayer Integration: Users can leverage their Ethereum stakes to secure additional protocols with EigenLayer, opening up avenues for increased rewards.</li><li>Diverse Validator Trust (DVT) Staking: Introduces fault tolerance into staking operations, offering near-zero slashing and downtime risks due to diversified infrastructure.</li><li>10% more rewards with MEV Maximiser: P2P.org optimizing bid request times, ensuring you capture more lucrative opportunities as they arise. High-level infrastructure optimizations guarantee no missing blocks, keeping the network healthy. </li><li>Learn more about our Ethereum Staking opportunities <a href="https://p2p.org/networks/ethereum?ref=p2p.org">here!</a></li></ul>Customization and Safety<ul><li>Custom Node Location: Users can opt to place validators in regions such as the EU, APAC, LATAM, or the US, optimizing performance and compliance.</li><li>Advanced Security Measures: From employing multiple node clients and threshold signers to comprehensive slashing protection, every staking aspect is designed for utmost security.</li></ul>Integrating SaaB transforms how your users engage with staking, offering them a secure, compliant, and rewarding platform. It's not just about staking; it's about staking smarter, safer, and with more options at their fingertips. With P2P.org's proven track record and innovative features, your users are not just participating in staking—they're at the cutting edge of it, ready to maximize their yields and secure their digital assets' future.<h2 id="who-is-saab-designed-for"> Who is SaaB designed for? </h2>Staking-as-a-Business (SaaB) caters to diverse businesses within the Web3 & DeFi ecosystem, offering tailored solutions that align with each entity's unique needs and goals. <div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">⬇️</div><div class="kg-callout-text">Here's a closer look at who can benefit from SaaB</div></div> For Custodians<ul><li>Secure Asset Management: Our SaaB platform integrates cutting-edge security protocols to safeguard your clients' assets. At the same time, they partake in blockchain networks, ensuring peace of mind for you and your clients.</li><li>Diversified Investment Strategies: Tailor staking options to fit your clients' risk profiles and investment objectives, offering them a broad spectrum of customizable staking opportunities.</li><li>Industry Compliance: With SaaB, provide a fully compliant and transparent staking service that aligns with the stringent regulatory requirements your institutional clients expect.</li></ul>For Exchanges<ul><li>Differentiation and Revenue: Adding staking services creates new revenue streams and distinguishes your platform from competitors, attracting a broader user base interested in both active trading and passive earning.</li><li>Enhanced Liquidity: Facilitate immediate trading of staked tokens, thus elevating the trading experience on your platform and encouraging a more vibrant market activity.</li><li>Market Engagement: Foster deeper engagement and incentivize users to maintain their assets on your platform longer through participation in blockchain network activities, enhancing user retention.</li></ul>For Wallets<ul><li>Seamless Integration: Embed our comprehensive staking solutions within your wallet interface, allowing users to easily stake their cryptocurrencies and earn rewards without ever leaving your environment.</li><li>User-Centric Experience: Boost user satisfaction with an intuitive interface that demystifies the staking process, making it accessible and engaging for your audience.</li><li>Maximized Returns: Unlock a lucrative stream of passive income for your wallet users by providing them with staking options that offer competitive returns, thereby enhancing the value proposition of your wallet service.</li></ul>SaaB is meticulously crafted to serve as a versatile platform that meets the operational needs of custodians, exchanges, and wallets and amplifies their growth potential in the evolving digital asset landscape. Through our dedicated partnership, we aim to enhance the capabilities of these entities, enabling them to deliver exceptional services to their users while exploring new horizons of revenue generation and user engagement in the staking domain.To learn more about SaaB, <a href="https://t.me/P2Pstaking?ref=p2p.org" rel="noreferrer">speak to our team on our official Telegram community today!</a>

Kamil Jakub Natil

from p2p validator

EigenLayer, restaking, Guide Restaking guide: Opt-in P2P.org operator in EigenLayer

<h1 id="stage-2-mainnet">Stage 2 mainnet</h1>Heads up! EigenLayer Stage 2 mainnet is live. This phase introduces Operators responsible for performing validation tasks for AVSs (Actively Validated Services) built on the EigenLayer protocol.<a href="https://www.blog.eigenlayer.xyz/eigenlayer-stage-1-mainnet-launch/?ref=p2p.org">Stage 1</a> introduced restaking on mainnet Ethereum, and so far, <a href="https://defillama.com/protocol/eigenlayer?denomination=ETH&ref=p2p.org">3.8M ETH</a> has been restaked on the EigenLayer protocol, making it the second-largest protocol on the market.Stage 2 is an exciting evolution of the protocol. Operators can register to the network and begin validating for the first AVS, EigenDA; Restakers can delegate their stake to Operators and start putting shared security to work with EigenDA.Following the launch of EigenDA, a vibrant ecosystem of AVSs is poised to flourish on the EigenLayer mainnet. <a href="https://holesky.eigenlayer.xyz/avs?ref=p2p.org" rel="noreferrer">Nine more AVSs are currently in testnet</a> and will likely move to mainnet soon: AltLaer, Lagrange, oOracle, Aethos, Brevis Co-chain, Witness chain, Ethos, Silent Shard AVS, and Omni.<a href="http://p2p.org/?ref=p2p.org">P2P.org</a> is officially the confirmed operator for all the AVS above. Delegate to P2P to be among the first restakers securing new AVSes.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Restaking-Map-v2-1.png" class="kg-image" alt loading="lazy" width="2000" height="2213" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Restaking-Map-v2-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Restaking-Map-v2-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/Restaking-Map-v2-1.png 1600w, https://p2p.org/economy/content/images/2024/04/Restaking-Map-v2-1.png 2123w" sizes="(min-width: 720px) 720px"></figure><h1 id="delegation-guide">Delegation guide</h1>If you staked LST, jump straight to step three (opt-in operator); in the case of native restaking, you will have a few more steps:<ol><li>Upgrade EigenPod - each EigenPod created before Apr 8 must be upgraded to enable the delegation feature.</li><li>Restake - verification of ETH Beacon deposits. EigenPod needs to receive proof that you have deposited validators.</li><li>Opt-in the operator. Choose the operator for validating AVSes. (You won't send any tokens to the operator but delegate the right to validate AVSes on your behalf).</li></ol><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">☝️</div><div class="kg-callout-text">There is no slashing or rewards in EigenLayer currently; these will appear in the next phase of the mainnet, projected to go live in Q3. Until then, AVSs won't have slashing, and delegators cannot be slashed either.</div></div><h1 id="step-1-upgrade-your-eigenpod">Step 1: Upgrade your EigenPod</h1>Go to <a href="https://app.eigenlayer.xyz/?ref=p2p.org"><code>https://app.eigenlayer.xyz/</code></a> and connect your wallet. If you have a Ledger, connect it to MetaMask.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--12-.png" class="kg-image" alt loading="lazy" width="2000" height="1119" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--12-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--12-.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/Untitled--12-.png 1600w, https://p2p.org/economy/content/images/2024/04/Untitled--12-.png 2000w" sizes="(min-width: 720px) 720px"></figure>Go to the Restake tab → Beacon Ether section, or follow this link <a href="https://app.eigenlayer.xyz/restake/ETH?ref=p2p.org"><code>https://app.eigenlayer.xyz/restake/ETH</code></a><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--14-.png" class="kg-image" alt loading="lazy" width="1996" height="976" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--14-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--14-.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/Untitled--14-.png 1600w, https://p2p.org/economy/content/images/2024/04/Untitled--14-.png 1996w" sizes="(min-width: 720px) 720px"></figure>Each EigenPod created before Apr 8 must be upgraded to enable the delegation feature. Click <code>Upgrade EigenPod</code><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--15-.png" class="kg-image" alt loading="lazy" width="1291" height="794" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--15-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--15-.png 1000w, https://p2p.org/economy/content/images/2024/04/Untitled--15-.png 1291w" sizes="(min-width: 720px) 720px"></figure>It will show you the warning; just click continue<div class="kg-card kg-toggle-card" data-kg-toggle-state="close"> <div class="kg-toggle-heading"> <h4 class="kg-toggle-heading-text">what does it mean?</h4> <button class="kg-toggle-card-icon" aria-label="Expand toggle to read content"> <svg id="Regular" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 24 24"> <path class="cls-1" d="M23.25,7.311,12.53,18.03a.749.749,0,0,1-1.06,0L.75,7.311"/> </svg> </button> </div> <div class="kg-toggle-content">That’s about requirement having separate addresses for ethereum validators’ rewards: consensus rewards go EigenPod, execution rewards (MEV) should go to some another address if you don’t want to lose it. That’s because MEV builders often send MEV by simple transaction, and EigenPod doesn’t accept any incoming transactions, so it will fail. All <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> ETH stakers have separate addresses for execution and consensus rewards.</div> </div><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--16-.png" class="kg-image" alt loading="lazy" width="1301" height="806" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--16-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--16-.png 1000w, https://p2p.org/economy/content/images/2024/04/Untitled--16-.png 1301w" sizes="(min-width: 720px) 720px"></figure>Click enable restaking<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--17-.png" class="kg-image" alt loading="lazy" width="1284" height="811" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--17-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--17-.png 1000w, https://p2p.org/economy/content/images/2024/04/Untitled--17-.png 1284w" sizes="(min-width: 720px) 720px"></figure>Wait 4 hours for EigenPod activation<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--18-.png" class="kg-image" alt loading="lazy" width="2000" height="1269" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--18-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--18-.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/Untitled--18-.png 1600w, https://p2p.org/economy/content/images/2024/04/Untitled--18-.png 2282w" sizes="(min-width: 720px) 720px"></figure><h1 id="step-2-restake">Step 2: Restake</h1>The next step is to click on "Restake." This step is necessary for verifying ETH Beacon deposits via the Beacon chain oracle. It generates Merkle proofs for each validator and then sends them to EigenPod. One transaction can process 25 proofs, so you must sign one transaction per 25 validators. New TXs will appear automatically as soon as you sign the previous one.<div class="kg-card kg-callout-card kg-callout-card-red"><div class="kg-callout-emoji">🚨</div><div class="kg-callout-text">Before signing! Verify and double-check that you send a transaction to YOUR EigenPod.</div></div><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--19-.png" class="kg-image" alt loading="lazy" width="1293" height="1074" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--19-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--19-.png 1000w, https://p2p.org/economy/content/images/2024/04/Untitled--19-.png 1293w" sizes="(min-width: 720px) 720px"></figure>After completing all transactions, you will see that your restaked balance has moved from the 'awaiting restake' field to 'Beacon Chain restaked.'<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--20-.png" class="kg-image" alt loading="lazy" width="1278" height="1070" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--20-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--20-.png 1000w, https://p2p.org/economy/content/images/2024/04/Untitled--20-.png 1278w" sizes="(min-width: 720px) 720px"></figure><h1 id="step-3-opt-in-p2porg-as-operator">Step 3: Opt-in <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> as operator</h1>Go to the operator tab, and search <a href="http://p2p.org/?ref=p2p.org">P2P.org</a>, or follow this link <a href="https://app.eigenlayer.xyz/operator/0xDbEd88D83176316fc46797B43aDeE927Dc2ff2F5?ref=p2p.org"><code>https://app.eigenlayer.xyz/operator/0xDbEd88D83176316fc46797B43aDeE927Dc2ff2F5</code></a><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--21-.png" class="kg-image" alt loading="lazy" width="1660" height="1144" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--21-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--21-.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/Untitled--21-.png 1600w, https://p2p.org/economy/content/images/2024/04/Untitled--21-.png 1660w" sizes="(min-width: 720px) 720px"></figure>Verify the operator's address <code>0xDbEd88D83176316fc46797B43aDeE927Dc2ff2F5</code><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--22-.png" class="kg-image" alt loading="lazy" width="1988" height="1304" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--22-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--22-.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/Untitled--22-.png 1600w, https://p2p.org/economy/content/images/2024/04/Untitled--22-.png 1988w" sizes="(min-width: 720px) 720px"></figure><div class="kg-card kg-callout-card kg-callout-card-red"><div class="kg-callout-emoji">🚨</div><div class="kg-callout-text">Click the delegate button, double-check that you are interacting with the EigenLayer smart contract <a href="https://etherscan.io/address/0x39053D51B77DC0d36036Fc1fCc8Cb819df8Ef37A?ref=p2p.org"><code spellcheck="false" style="white-space: pre-wrap;">0x39053D51B77DC0d36036Fc1fCc8Cb819df8Ef37A</code></a> and the sign </div></div>You won't send any tokens to the operator but delegate the right to validate AVSes on your behalf.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--22--1.png" class="kg-image" alt loading="lazy" width="1988" height="1304" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--22--1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--22--1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/Untitled--22--1.png 1600w, https://p2p.org/economy/content/images/2024/04/Untitled--22--1.png 1988w" sizes="(min-width: 720px) 720px"></figure>Congrats, now you are securing AVSes with <a href="http://p2p.org/?ref=p2p.org">P2P.org</a>!<h1 id="about-p2porg">About <a href="http://p2p.org/?ref=p2p.org">P2P.org</a></h1><a href="http://p2p.org/?ref=p2p.org">P2P.org</a>: Launched in 2018, <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> aims to shape a decentralized future for all and provide stakeholders with non-custodial staking services.With over $6.5+ billion in TVL and over 90,000 delegators, <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> has become a top 3 global leader by TVL. Pioneers in their industry, the dedicated team at <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> has assumed pivotal roles as early validators across multiple networks. Their unwavering commitment to building leading infrastructure has made them one of the leading Ethereum validators globally.<h2 id="contact-us">Contact Us:</h2>We invite you to join us in this exciting new chapter. For questions or information, contact our team on our official Telegram Channel. Be sure to stay tuned for updates and enhancements to our dApp.Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> or talk to <a href="mailto: [email protected]" rel="noreferrer">Vladislav Kurenkov</a>. We are always open for communication. At P2P.org, we remain dedicated to our core values of Security, Transparency, Asset Rewards, Technology, and Smart Governance (STATS), striving to offer our community and partners the best.<hr>Web: <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a>Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Vladislav Kurenkov

from p2p validator

Staking, Update Monthly Changelog V1.01

Welcome to the first of our monthly Changelogs, where we will update you on the latest updates at <a href="p2p.org" rel="noreferrer">P2P.org</a>.This month, we've been buzzing with activity, rolling out updates and features that enhance the user experience and help us achieve a more decentralized future for everyone. As we sail through this month, our team has been on a creative spree, working tirelessly to bring you the best in staking solutions and website enhancements. Here's what we've been up to:<h2 id="staking-innovations-and-dapp-developments"> Staking Innovations and dAPP Developments</h2><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Dash.png" class="kg-image" alt loading="lazy" width="1592" height="932" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Dash.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/03/Dash.png 1000w, https://p2p.org/economy/content/images/2024/03/Dash.png 1592w" sizes="(min-width: 720px) 720px"></figure><ul><li>Updated Staking Dashboard: We kicked things off by unveiling our new staking dashboard, a sleek new interface that is now available to our clients. This dashboard is just the beginning, as we've laid the groundwork for future releases, including support for Solana, Cosmos Hub, and Polkadot.</li><li>Enhancements in Staking Data API: Our relentless pursuit of excellence has led to improved monitoring, alerting, and updated documentation for the Staking Data API, making your staking journey smoother and more reliable.</li><li>dAPP and Staking API Advancements: The introduction of the Celestia Staking API marks a milestone, offering fully automated staking on Celestia. On the dAPP front, we've streamlined the Eigenpod creation and stake flow, ensuring a seamless experience for our users. </li></ul><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-2024-03-20-at-15.16.08.png" class="kg-image" alt loading="lazy" width="574" height="374"></figure><h2 id="website-and-platform-enhancements"> Website and Platform Enhancements</h2><ul><li>Website Overhaul: Our website has received a significant facelift, with automatic data refresh for all network APRs now linked directly to our DWH. We've rolled out pages showcasing all the PoS networks available for staking and dedicated pages for the Dimension and Aleo networks.</li><li>UI and Functional Improvements: From updated referral program links to removing outdated information, we've made numerous tweaks to enhance navigation and user experience. </li></ul><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/FurKdMSPtvXVPJjoMuE8d7fR_4CkDUO42KqzAe2D3uWXspQ4fi3M3iFCgYnXM-3xANEJBVaY32qH370bAPRtygMjlvVjNxY3LMLhEOfuc2uR0uYI3VtPuPpczFzUHQr0hoim75Nj1TXmRSBWO9hhE0I" class="kg-image" alt loading="lazy" width="652" height="426"></figure><h2 id="infrastructural-and-service-updates"> Infrastructural and Service Updates</h2><ul><li>Infrastructure Milestones: The migration of Genesis Holesky Validators to a new infrastructure and the deployment of the Holesky infrastructure to replace Goerli test clusters are just some of the steps we've taken to bolster system stability and performance.</li><li>Lido and Maintenance Updates: We've integrated the latest features into Lido services and conducted thorough maintenance to ensure everything runs like a well-oiled machine.</li></ul>Achievements Galore<figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/iKT84kRRvfOoQc492f34i2tQzmlUx3HTMZE9-ISkFV17G-43B7KC8zdz0qK6dnyefosDhlQPeph5R-Xhu7gGnFNAZuFxQLTPslAWFbHfKOFm9JrRwRptgHwBY7H0bND-uuVClHHbXMSLDH6Mzj8OEJ0" class="kg-image" alt loading="lazy" width="1600" height="935"></figure><ul><li>Staking Data API and Client Dashboards: Our API now supports a broader range of networks, including complete Ethereum network data and the addition of new validators and delegators methods. Client dashboards have seen significant enhancements, from a cross-chain summary page to improved data fetching speeds.</li><li>Infrastructure and dAPP Development: The deployment of the Holesky infrastructure for clients, the launch of new SSV operators, and maintenance efforts to improve performance underscore our commitment to reliability and efficiency.</li></ul><h2 id="whats-next">What's Next?</h2>As we look to the new quarter fast approaching, P2P.org remains committed to innovation, reliability, and user satisfaction. Our journey is powered by our team's dedication and our community's trust. Stay tuned for more updates, and here's to making the decentralized world more accessible and engaging for everyone!Please stay connected with us for more exciting updates and developments. Together, we're building the future of blockchain and staking, one block at a time! <div class="kg-card kg-button-card kg-align-center"><a href="http://eth.p2p.org/?ref=p2p.org" class="kg-btn kg-btn-accent">Start Direct Staking with P2P.org Now!</a></div><h2 id="contact-us">Contact Us:</h2>If you have any questions or wish to discuss further, please don't hesitate to contact us. The team at <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> is ready to support you throughout your staking journey.<hr>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> - we are always open to communication.<hr>Web: <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a>Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Kamil Jakub Natil

from p2p validator

EigenLayer, restaking P2P.org's Restaking API via EigenLayer

We're excited to announce a highly anticipated addition to our staking solutions portfolio, Restaking API for ETH Staking via EigenLayer. This is the first of its kind within the industry, representing a significant leap forward once again for P2P.org clients. Launching of this new product offers businesses a streamlined and efficient way to harness the full potential of Ethereum restaking.  <iframe width="800" height="450" src="https://www.youtube.com/embed/sw070p0M02o?si=TV8AxVK5OjEeQiro&controls=0" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>  <h2 id="introducing-eigenlayer-restaking">Introducing EigenLayer Restaking:</h2>Our Restaking API is designed to simplify the integration process, allowing businesses to create Eigenpod addresses and participate in EigenLayer Restaking seamlessly. This is a step towards a more connected and efficient Ethereum ecosystem.As announced earlier in the year, P2P.org were one of the first to allow users to use our non-custodial staking dApp which already supports the customization of validator withdrawal addresses, which is the basic requirement for native restaking to an EigenPod. You can learn more about this in our <a href="https://p2p.org/economy/eigen-layer-restaking-with-p2p-org-guide/">Step-by-Step Guide: Eigen Layer Restaking</a>P2P.org were also proud to participate in EigenLayers Restaking Summit in Istanbul during the Devconnect conference. Our head of product, Artemiy Parshakov also delivered a great keynote presentation talking about our products roadmap and how we plan to add more features relating to the EigenLayer ecosystem in 2024. <figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/NWOc9T5D4wr9fNfC-4OU6aBLjFtjOBcNy2fbiIvrc_AzRNrja5s8iYiKvpH71ZZX8wBJsOFd5iZ2ncSvSWeyZiVuByAjb-XyFq2AVZ4ElIhzzP32p_6CiZ63WfLt3BqsEHrA2mjhUNxqWviFz86DOLY" class="kg-image" alt loading="lazy" width="1600" height="1200"></figure><h2 id="why-restake-with-eigenlayer"> Why Restake with EigenLayer?</h2>Restaking with EigenLayer is more than just diversification; it's about future-proofing your staking strategies with the potential of additional rewards. Here's why you should consider it:<ul><li>Airdrop Eligibility: Clients staking on EigenLayer will likely qualify for future protocol airdrops. By integrating early with our API, users ensure their spot for these potential rewards.</li><li>Market First: P2P.org is proud to be the first to offer an API integration for restaking on EigenLayer, setting a precedent in the market. As ETH staking becomes more popular with more and more validators, the rewards are reduced, restaking allows you to boost these rewards in the first hald of 2024. (additionally, learn more about our MEV Boost <a href="https://p2p.org/economy/unlock-p2p-orgs-mev-enhancement-feature/">here</a>!)</li><li>Future-Ready: Early integration means you'll be ahead of the curve, reducing future integration time and effort. As with all our API solutions, we offer easy to follow integration guides through our <a href="https://docs.p2p.org/?ref=p2p.org">API Documentation.</a></li></ul><h2 id="advantages-of-p2porgs-restaking-api">Advantages of P2P.org's Restaking API:</h2><ul><li>Simplicity: Our goal is to make the integration as straightforward as possible. Just like all our Staking API solutions (DVT, Solana, Cosmos) we're committed to providing a cost affective and user-friendly experience.</li><li>Innovation: By choosing our Restaking API, you're not just staking; you're participating in the forefront of Ethereum technology.</li><li>Support: Our dedicated 24/7 support team is always on standby to assist with any queries or issues, ensuring a seamless staking journey.</li></ul><h2 id="seamless-integration-and-documentation">Seamless Integration and Documentation:</h2>We understand the importance of clear and concise documentation. Our guides are meticulously curated to provide a clear pathway, enabling a smooth transition from one phase to the next in your Ethereum restaking setup. Check out our Eigenpod <a href="https://p2p.org/economy/eigen-layer-restaking-with-p2p-org-guide/">creation guide </a>to get started.By integrating the P2P Restaking API, you're not just offering superior staking services; you're aligning with a reliable and experienced partner in P2P.org. Since 2018, it’s been our mission to promote a decentralized future for all, with leading non-custodial solutions. <h2 id="contact-us">Contact Us:</h2>We invite you to join us in this exciting new chapter. For any questions or further information, please feel free to reach out to our team on our official Telegram Channel. Be sure to stay tuned for updates and enhancements to our Restaking API.Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> or talk to <a href="mailto: [email protected]" rel="noreferrer">Alessandro Maci</a>. We are always open for communication. At P2P.org, we remain dedicated to our core values of Security, Transparency, Asset Rewards, Technology, and Smart Governance (STATS), striving to offer the best to our community and partners.<hr>Web: <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a>Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Kamil Jakub Natil

from p2p validator

Polkadot, Guide Validator Monitoring Service User Guide

Welcome to the Validator Monitoring Service User Guide. This comprehensive guide is designed to help you effortlessly set up and navigate through our monitoring service, ensuring you have all the tools and knowledge to monitor your validator's performance effectively. Find our Monitoring tool by using a tg <a href="https://t.me/p2pvalidator_monitoring_bot?ref=p2p.org">bot</a>.<h2 id="telegram-bot">Telegram bot</h2>The heart of the Validator Monitoring System lies within its Telegram <a href="https://t.me/p2pvalidator_monitoring_bot?ref=p2p.org">bot</a>, your direct line to real-time Grafana dashboard insights and blockchain event alerts for your validator. Its intuitive subscription feature stands out for its ease of customization, allowing you to tailor alerts to your needs.<h3 id="getting-started">Getting Started</h3>Upon your first interaction with the Telegram bot, initiate the conversation with a "Start" command or refresh your session with <code>/start</code>. This action will reveal the main interface of the monitoring tool.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2017.46.29.png" class="kg-image" alt loading="lazy" width="880" height="1038" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-02-29-20at-2017.46.29.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2017.46.29.png 880w" sizes="(min-width: 720px) 720px"></figure>The main interface presents three pivotal options:<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.03.50.png" class="kg-image" alt loading="lazy" width="892" height="486" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-02-29-20at-2012.03.50.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.03.50.png 892w" sizes="(min-width: 720px) 720px"></figure><ol><li>Open Grafana: This button grants immediate access to live Grafana dashboards, enabling you to monitor validator performance across various filters.</li><li>Manage Subscriptions: This option leads to a menu for subscribing to validator-related events, highlighting the service's flexibility in tracking performance metrics.</li><li>Help: Users can contact our support team here for service-related queries.</li></ol><h3 id="grafana-dashboard">Grafana dashboard</h3>Our service encompasses specialized dashboards for networks like Polkadot/Kusama and Moonbeam/Moonriver, among other parachains, providing a comprehensive view of your validator's activities.<div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">General indicators: we track session/era progression and staking data. Validator data per epoch: we provide information on rewards points, active validators, and their position in the active set.</div></div><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2012.17.46.png" class="kg-image" alt loading="lazy" width="1476" height="788" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-03-19-20at-2012.17.46.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/03/Screenshot-202024-03-19-20at-2012.17.46.png 1000w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2012.17.46.png 1476w" sizes="(min-width: 720px) 720px"></figure><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">Era and epoch points for ParaValidators: We monitor ParaValidator points earned and their relation to the network's average, median, and 95th percentile.</div></div><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2012.18.06.png" class="kg-image" alt loading="lazy" width="2000" height="1263" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-03-19-20at-2012.18.06.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/03/Screenshot-202024-03-19-20at-2012.18.06.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/03/Screenshot-202024-03-19-20at-2012.18.06.png 1600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2012.18.06.png 2000w" sizes="(min-width: 720px) 720px"></figure><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">Finality metrics (GRANDPA): We track blocks' prevotes and precommits and their ratio to ideally processed blocks.</div></div><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2012.17.52.png" class="kg-image" alt loading="lazy" width="2000" height="1061" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-03-19-20at-2012.17.52.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/03/Screenshot-202024-03-19-20at-2012.17.52.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/03/Screenshot-202024-03-19-20at-2012.17.52.png 1600w, https://p2p.org/economy/content/images/size/w2400/2024/03/Screenshot-202024-03-19-20at-2012.17.52.png 2400w" sizes="(min-width: 720px) 720px"></figure>Also, a user can easily switch between the parachains dashboard to track the collators' performance. <h3 id="mastering-subscriptions">Mastering Subscriptions</h3>Subscribing to on-chain events is simplified through our customizable alerting templates. Begin by adding accounts to monitor under "My accounts" and proceed to "Add account" for specific tracking.<figure class="kg-card kg-image-card kg-width-full"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.04.58.png" class="kg-image" alt loading="lazy" width="680" height="1498" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-02-29-20at-2012.04.58.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.04.58.png 680w"></figure> Add accounts to trackTo subscribe to the alerts, the first thing you need to do is to add accounts that you would like to track. Click "My accounts" and "+ Add account" on the next screen to do it.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.05.21.png" class="kg-image" alt loading="lazy" width="888" height="620" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-02-29-20at-2012.05.21.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.05.21.png 888w" sizes="(min-width: 720px) 720px"></figure> Our service covers Polkadot, Kusama, Acala, Karura, Moonbeam, and Moonriver networks, allowing for the addition of up to 15 accounts. Once your accounts are set, delve into specific alert configurations to fine-tune your monitoring needs. When adding new accounts, you can either search the accounts based on the first letters or paste the whole address:<hr><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Polkadot1.jpg" class="kg-image" alt loading="lazy" width="848" height="1601" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Polkadot1.jpg 600w, https://p2p.org/economy/content/images/2024/03/Polkadot1.jpg 848w" sizes="(min-width: 720px) 720px"></figure><hr><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Polkadot2.jpg" class="kg-image" alt loading="lazy" width="848" height="954" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Polkadot2.jpg 600w, https://p2p.org/economy/content/images/2024/03/Polkadot2.jpg 848w" sizes="(min-width: 720px) 720px"></figure>You can scroll your accounts, adding new ones and deleting old ones. When you are ready, press "Back" and continue configuring specific alerts.<hr>Configure the alertConfiguring alerts is straightforward. Choose an alert from the list under "My Subscription" and follow the prompts to tailor the alert parameters to your preferences. The system facilitates the testing of alerts to ensure operability and allows for easy management of active or critical alerts through visual indicators.<hr>Example of Polkadot Finality pre-commits ratio alert:<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Polkadot3.jpg" class="kg-image" alt loading="lazy" width="848" height="2112" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Polkadot3.jpg 600w, https://p2p.org/economy/content/images/2024/03/Polkadot3.jpg 848w" sizes="(min-width: 720px) 720px"></figure><hr>Example of Moonbeam blocks production metric:<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2015.19.03.png" class="kg-image" alt loading="lazy" width="916" height="612" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-03-19-20at-2015.19.03.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2015.19.03.png 916w" sizes="(min-width: 720px) 720px"></figure><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2015.19.19.png" class="kg-image" alt loading="lazy" width="932" height="584" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-03-19-20at-2015.19.19.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2015.19.19.png 932w" sizes="(min-width: 720px) 720px"></figure>Test alert example (to check if everything works):<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.07.50.png" class="kg-image" alt loading="lazy" width="990" height="426" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-02-29-20at-2012.07.50.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.07.50.png 990w" sizes="(min-width: 720px) 720px"></figure><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.07.56.png" class="kg-image" alt loading="lazy" width="988" height="430" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-02-29-20at-2012.07.56.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.07.56.png 988w" sizes="(min-width: 720px) 720px"></figure><hr>After configuring alerts, on the screen with the alerts list, you may see which alerts are active (green button) or fire emoji (meaning that the threshold is violated). <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2015.19.55.png" class="kg-image" alt loading="lazy" width="730" height="664" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-03-19-20at-2015.19.55.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2015.19.55.png 730w" sizes="(min-width: 720px) 720px"></figure><h3 id="emoji-explanations">Emoji explanations:</h3>➕ - Set alert ⏳ - Waiting for activation 🟢 - Alert is ready ⁉️ - Alert added, but activation failed for some reasons (<a href="mailto:[email protected]." rel="noreferrer">Contact US</a>) 🔥 - Alert expecting 🔥🔥🔥 - FIRE!!! You will receive an alert soon<div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">Also, do not forget to unmute the alert by clicking the “Mute/Unmute” button on the main screen.</div></div><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.09.30.png" class="kg-image" alt loading="lazy" width="722" height="250" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-02-29-20at-2012.09.30.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.09.30.png 722w" sizes="(min-width: 720px) 720px"></figure><h3 id="support"> Support</h3>The feedback section allows users to share their thoughts or issues with the administration team. Although it's a one-way communication channel, rest assured that necessary follow-ups will be made if required.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Polkadot4.jpg" class="kg-image" alt loading="lazy" width="848" height="1202" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Polkadot4.jpg 600w, https://p2p.org/economy/content/images/2024/03/Polkadot4.jpg 848w" sizes="(min-width: 720px) 720px"></figure>We eagerly anticipate your feedback and are excited to help you leverage our Validator Monitoring Tool for optimal performance oversight.<h2 id="getting-started-with-your-own-instance"> Getting Started with Your Own Instance</h2>To provide you with a seamless experience, we have developed a fully self-sufficient, dockerized container for you to run your own instance of the monitoring service. Detailed technical instructions are available in the README section of our GitHub repository. Here’s a brief overview to get you started:<ol><li>Install Docker and Docker Compose: Ensure these are set up on your system to proceed with the installation.</li><li>Configure RPC Endpoints: Verify and adjust the RPC endpoints in the provided <code>.env</code> files to match your setup (for polkadot, kusama, acala, karura, moonbeam, mooriver).</li><li>Set Up the bot .env File: Create a Telegram bot through @botfather and set up an admin Telegram group, including all team members. This bot will funnel user queries to the admin group.</li><li>Launch the Service: Use the following command to start the service for the desired networks: You can extend the service to other networks by adding additional <code>.yml</code> files such as <code>-f acala.yml</code>, <code>-f karura.yml</code>, etc.</li></ol><div class="kg-card kg-callout-card kg-callout-card-grey"><div class="kg-callout-text">docker-compose -f docker-compose.yml -f polkadot.yml -f kusama.yml up</div></div><ol start="5"><li>Explore the Telegram Bot: The bot provides access to your Grafana dashboard and allows you to subscribe to events related to validator performance.</li><li>Access the Grafana Dashboard: Visit <a href="http://127.0.0.1:3000/?ref=p2p.org">http://127.0.0.1:3000</a> to view your dashboard (default credentials: <code>admin</code> / <code>admin</code>, with a prompt to change on the first login).</li></ol><h1 id="about-p2p-validator">About P2P Validator</h1><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider, securing over $2 billion by over 10,000 delegators/nominators across 25+ high-class networks. We have been actively participating on the Polkadot network since the beginning.<hr>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> or contact Alex via <a href="mailto:[email protected]">[email protected]</a>. We are always open for communication.<hr>Web: <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a>Stake DOT with us: <a href="https://p2p.org/polkadot?ref=p2p.org">https://p2p.org/polkadot</a>Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Alex Tishin

from p2p validator

DVT, Staking, restaking P2P.org Partners with PrimeStaked for Enhanced Ethereum Restaking Solutions

In our ongoing mission to drive innovation and adoption within the Ethereum ecosystem, <a href="P2P.org" rel="noreferrer">P2P.org</a> is thrilled to announce a new partnership with <a href="https://twitter.com/PrimeStaked?ref=p2p.org" rel="noreferrer">PrimeStaked</a>. This collaboration marks another stride in our mission to support a robust and secure Ethereum network via our enhanced <a href="https://p2p.org/economy/introthe-ethereum-community-is-now-focusing-on-one-critical-theme-the-risk-of-a-supermajority-client-without-delving-too-deep-as-dankrad-feist-has-already-brilliantly-explained-this-ris/" rel="noreferrer">DVT solutions in partnership with ssv.network</a>.Securing Stake with Distributed Validator Technology (DVT) Decentralization is at the heart of what we do at P2P.org, and our mission is to create and promote a decentralized future for everyone. Recognizing the challenges of ETH staking diversification, we've embraced Distributed Validator Technology (DVT) to diversify validator responsibilities and enhance network security. In this vein, our alliance with PrimeStaked introduces DVT to their platform via our collaboration with <a href="https://twitter.com/ssv_network?ref=p2p.org" rel="noreferrer">ssv.network</a>, offering users a robust platform to stake native ETH with notable incentives.A New Era of Restaking with PrimeStaked Through PrimeStaked, users can now leverage the pioneering DVT capabilities of the SSV network. This partnership not only boosts the staking APYs by an impressive 40% with PrimStaked through SSV incentives, but it also incorporates additional rewards from staking yield, EigenLayer Points, and primeETH XP. By depositing any amount of native ETH or swapping for primeETH on <a href="https://app.uniswap.org/swap?outputCurrency=0x6ef3D766Dfe02Dc4bF04aAe9122EB9A0Ded25615&inputCurrency=ETH&utm_source=emailoctopus&utm_medium=email&utm_campaign=PrimeStaked%20ETH%20Deposits%20%28UPDATE%29">Uniswap</a>, users can participate in this innovative restaking model, contributing to Ethereum's strength as a globally decentralized network.Liquid Restaking with PrimeStaked and P2P.org This new partnership with PrimeStaked underscores our commitment to promoting decentralization and enhancing Ethereum's economic security. PrimeStaked users now enjoy the convenience of liquid restaking, accruing multiple forms of yield while maintaining full capital control over their primeETH.Join the Vanguard of Ethereum Restaking This partnership represents a pivotal moment for Ethereum enthusiasts looking to engage with the network in a more secure, decentralized manner. By combining PrimeStaked's liquid restaking solutions with our <a href="https://p2p.org/economy/introducing-dvt-staking-api-streamlining-institutional-staking-on-p2p-org/">expertise in DVT</a> and node operation, we are setting new standards for Ethereum staking.Stay Connected Together with PrimeStaked, we are forging ahead to a more decentralized and secure future for Ethereum restaking. We look forward to welcoming you to this new era of restaking with P2P.org and PrimeStaked.<h2 id="contact-us"> Contact Us:</h2>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> or talk to <a href="[email protected]" rel="noreferrer">Vladislav Kurenkov</a>. We are always open for communication. At P2P.org, we remain dedicated to our core values of Security, Transparency, Asset Rewards, Technology, and Smart Governance (STATS), striving to offer the best to our community and partners.<hr>Web: <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a>Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Kamil Jakub Natil

from p2p validator

Staking, Manta, Partnership P2P.org Partners with Bing Ventures to Introduce MANTA Staking Solutions

<h2 id="intro">Intro</h2>P2P.org is thrilled to announce a strategic partnership with Bing Ventures to manage their MANTA staking activities and support their foray into staking. This collaboration marks another significant milestone in our journey to enhance the staking ecosystem, leveraging Bing Ventures' growing ecosystem. Since its inception in 2021,<a href="https://www.bing-ventures.com/?ref=p2p.org"> Bing Ventures</a> has emerged as a pioneering venture capital and research firm, supporting transformative blockchain and crypto ventures through value investing, business and technical know-how, and a vast network. With a portfolio spanning infrastructure, DeFi, gaming, social, and more, Bing Ventures prides itself on its unweaving faith in the Web3 revolution. This partnership embodies our shared vision of fostering innovation and accessibility in the crypto ecosystem for greater adoption.<h2 id="partnership">Partnership</h2>Through this collaboration, P2P.org has worked closely with Bing Ventures to provide staking infrastructure for the MANTA Atlantic network. This initiative is designed to contribute to the decentralization, security, and growth of the Layer-2 ecosystem while catering to the evolving needs of the global crypto community by providing a seamless and efficient staking experience.P2P.org's proven expertise in staking infrastructure, combined with Bing Ventures' commitment to providing tailored support for projects in various stages of development, promises to significantly lower the barriers to MANTA staking, making it more accessible to individuals around the globe. Together, we are set to offer an unparalleled staking solution for MANTA, ensuring robust security, ease of use, and optimal staking rewards. Our joint effort will enhance the value proposition of MANTA staking and contribute to the broader adoption of staking solutions across the cryptocurrency ecosystem.We are excited to embark on this journey with Bing Ventures, uniting our strengths to enable users with innovative tools and features that enhance their trading and staking experiences. This collaboration underscores our unwavering dedication to driving forward the staking landscape, ensuring that every user, regardless of their expertise level, can benefit from the opportunities presented by the dynamic world of cryptocurrencies. Have a question? Please don't hesitate to contact our support team on our Official <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram Channel</a>.

Kamil Jakub Natil

from p2p validator

Ethereum, Explain Like I'm Five, Staking The Dencun Upgrade: A New Era for Ethereum

Ethereum, the second-largest blockchain platform by market capitalization, is on the brink of a transformative leap with the eagerly anticipated Dencun upgrade, slated for activation on March 13th. As a hub for a myriad of decentralized applications (dApps) and a hotbed for blockchain innovation, Ethereum has faced its share of challenges, notably in scalability and the burden of high transaction costs. This forthcoming upgrade is a watershed moment in Ethereum's evolution towards a rollup-centric future. By introducing Proto-Danksharding (EIP-4844), Ethereum is setting the stage for unprecedented scalability and efficiency enhancements, promising to address these critical challenges head-on. Quick Highlights: Dencun Upgrade & P2P.org's Role<ul><li>Upgrade Date: Ethereum's Dencun upgrade is set for March 13th, marking another significant leap in Ethereum's scalability.</li><li>Core Features: Proto-Danksharding (EIP-4844), aimed at drastically cutting transaction costs and enhancing scalability through innovative "blob" data storage.</li><li>Impact on Layer 2: The upgrade promises more efficient Layer 2 solutions, directly benefiting the Ethereum community.</li><li>P2P.org's Involvement: Our <a href="https://x.com/p2pvalidator/status/1711641189810876743?s=46&ref=p2p.org">engagement in testnets showcases our commitment to Ethereum's development and ensures readiness for the upgrade.</a> (read more in the paragraphs below!)</li><li>Staking Dynamics: Finally, we tried to anticipate how the upgrade would impact Staking, LSTs, and what's ahead. User Advisory: No immediate action is needed from P2P.org users; we're set to guide you through this transition smoothly.</li></ul><h2 id="proto-danksharding">Proto-Danksharding</h2>At the heart of the Dencun upgrade is <a href="https://www.eip4844.com/?ref=p2p.org">EIP-4844</a>, a groundbreaking proposal promising to dramatically enhance Ethereum's scalability. It's designed to significantly enhance Ethereum's scalability by introducing a new type of data storage called "blobs." These blobs allow for efficient, short-term storage of extensive data sets off the main blockchain while ensuring their processing availability. This mechanism reduces the overall transaction costs and paves the way for more scalable Layer 2 solutions by creating a separate space for batch processing of transactions. Proto-Danksharding is a critical step towards Ethereum's vision of achieving high transaction throughput, aiming to accommodate over 100,000 transactions per second. <a href="https://twitter.com/PaulYa5hin?ref=p2p.org">Pavel Yashin</a>, a leading data analyst and researcher at P2P.org, shares his insights on this upgrade's impact on the Ethereum ecosystem.<blockquote>"EIP-4844 will create a separate blockspace for L2 batch processing, resulting in a two-dimensional fee market," explains Yashin. "This means Layer 2 solutions will have their own EIP-1559-like market, optimizing the costs of uploading data and potentially leading to a drastic decrease in L2 fees. The implications for the blockspace markets and the staking economy are profound."</blockquote><h3 id="the-impact-on-blockspace-markets">The Impact on Blockspace Markets</h3>Currently, L2 smart contracts are among the top consumers of gas on Ethereum, utilizing approximately 12-15% of blockspace primarily for batch uploading. Introducing a separate blockspace for these operations will alleviate this pressure, lowering base fees until new consumers fill the gap. <figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://p2p.org/economy/content/images/2024/02/GGSzSh9WUAA1jP5.jpeg" class="kg-image" alt loading="lazy" width="1696" height="892" srcset="https://p2p.org/economy/content/images/size/w600/2024/02/GGSzSh9WUAA1jP5.jpeg 600w, https://p2p.org/economy/content/images/size/w1000/2024/02/GGSzSh9WUAA1jP5.jpeg 1000w, https://p2p.org/economy/content/images/size/w1600/2024/02/GGSzSh9WUAA1jP5.jpeg 1600w, https://p2p.org/economy/content/images/2024/02/GGSzSh9WUAA1jP5.jpeg 1696w" sizes="(min-width: 720px) 720px"><figcaption>Data from Dune Analytics gathered by Pavel Yashin</figcaption></figure>The Dencun upgrade heralds a significant improvement for Layer 2 (L2) solutions, as they will gain independence from the congestion and fee spikes of Layer 1 (L1). Only local congestion within L2s will influence their operation, making Ethereum's blockspace more efficient and user-friendly. <blockquote>This independence from L1 congestion ensures that L2 solutions can offer a more consistent and predictable fee structure, significantly enhancing the user experience on the Ethereum network.</blockquote><figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://p2p.org/economy/content/images/2024/02/GGSzoO2X0AAfNJ-.jpeg" class="kg-image" alt loading="lazy" width="1694" height="892" srcset="https://p2p.org/economy/content/images/size/w600/2024/02/GGSzoO2X0AAfNJ-.jpeg 600w, https://p2p.org/economy/content/images/size/w1000/2024/02/GGSzoO2X0AAfNJ-.jpeg 1000w, https://p2p.org/economy/content/images/size/w1600/2024/02/GGSzoO2X0AAfNJ-.jpeg 1600w, https://p2p.org/economy/content/images/2024/02/GGSzoO2X0AAfNJ-.jpeg 1694w" sizes="(min-width: 720px) 720px"><figcaption>"Despite being huge gas consumers, L2s are nowhere near a major source of priority fees: most batch posting transactions occur at the bottom of the block. The last 3 months' data shows that L2 payments to proposers were around only 1.6% of total EL rewards," says Pavel Yashin</figcaption></figure><h3 id="staking-economy-and-priority-fees"> Staking Economy and Priority Fees</h3>While the upgrade is poised to bring significant benefits to L2 users, its impact on stakers might be less pronounced. "For stakers, the change may pass by mostly unnoticed, affecting only a fraction of APR from priority fees income," Yashin notes. "However, the decrease in base and priority fees could make Ethereum more attractive to a broader user base." (<a href="https://x.com/PaulYa5hin/status/1757736309492179012?s=20&ref=p2p.org">original Tweet by Pavel Yashin</a>)<h2 id="p2porg-leading-ethereums-charge-towards-scalability"> P2P.org: Leading Ethereum's Charge Towards Scalability</h2>P2P.org's involvement in Ethereum's development extends beyond theoretical contributions. Our engagement is exemplified by our active participation in all three testnets, where we've consistently pushed the boundaries of Ethereum's capabilities. A testament to our technical dedication is the development of the Dirk Key Converter (DKC). This pivotal tool enhances node operators' tooling by facilitating the migration to the vouch/dirk schema. It significantly boosts security levels by adopting threshold signatures, underscoring our commitment to advancing Ethereum's infrastructure. As a genesis node operator for the Holesky testnet, we've underscored our technical prowess by managing over 100,000 keys, demonstrating our capability to conduct large-scale operations with unmatched precision and reliability.Moreover, our collaborative endeavors with leading projects such as <a href="http://obol.tech/?ref=p2p.org">Obol</a>, <a href="http://ssv.network/?ref=p2p.org">SSV.network</a>, <a href="https://lido.fi/?ref=p2p.org">Lido</a>, and <a href="https://docs.eigenlayer.xyz/eigenda/overview/?ref=p2p.org">EigenDA</a> further highlight our role in fortifying Ethereum's ecosystem. By actively engaging in testing setups for these initiatives, we contribute to the overall robustness and efficiency of the network. Our involvement goes beyond mere participation as we actively contribute to shaping Ethereum's scalable, secure, and efficient future, showcasing our unwavering commitment to the platform's advancement.The Dencun upgrade, with EIP-4844 as its cornerstone, symbolizes more than a technical milestone; it represents a significant stride toward fulfilling Ethereum's scalable, efficient, and user-centric vision."P2P.org is proud to be at the vanguard of Ethereum's evolution, contributing to a foundation that will make L2 users' experiences more affordable and set the stage for true sharding," Yashin asserts. "More scalability for the scalability god."The Dencun upgrade exemplifies the community's dedication to innovation as Ethereum continues its journey and enhances its scalability. With P2P.org's involvement and the expertise of Pavel Yashin, the upgrade is not merely a step forward for Ethereum but a giant leap for the broader blockchain ecosystem. <div class="kg-card kg-button-card kg-align-center"><a href="https://p2p.org/ethereum?ref=p2p.org" class="kg-btn kg-btn-accent">Stake with us!</a></div><h2 id="strategic-adjustments-in-ethereums-staking-dynamics"> Strategic Adjustments in Ethereum's Staking Dynamics</h2>As Ethereum continues to evolve with the Dencun upgrade, a strategic adjustment is set to refine the staking dynamics within the network.<div class="kg-card kg-callout-card kg-callout-card-red"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">Scheduled for implementation in Q1 2024, alongside the Dencun update, is a pivotal change encapsulated in <a href="https://eips.ethereum.org/EIPS/eip-7514?ref=p2p.org">EIP-7514</a>, which proposes setting the maximum churn limit to 8.</div></div>This initiative is driven by the motivation to mitigate the potential negative impacts of an excessively high total ETH supply being staked, pending a more comprehensive solution to adjust the rewards curve. Essentially, this measure is designed to temper the growth pace of staked ETH, acknowledging the complexities involved in modifying the reward structure.<h4 id="implications-for-staking">Implications for Staking</h4><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/BHLhmKazzbV0Qxb4Qjw9_20rb-ifIUdqJmKJX1Zo0vL0GUWg6Ycgg1z15hoQhrPfmZcceopDbAMxdNSZaFnQSvEc0NMxNg5UOiVD5F-NGnUM96siGk_CWEcn1nZMvBt922AQ5rjDMQZ57IB4xYtmRec" class="kg-image" alt loading="lazy" width="602" height="364"></figure>With the current churn limit at 13, the adjustment to a churn limit of 8 represents a significant deceleration in stake growth—by approximately 40%. This recalibration aims to cap the annual growth of the staking ratio to around 17.5% of the total supply. Such a slowdown is anticipated to foster a more competitive landscape for staking providers, as the effective addressable market contracts by a corresponding margin.<div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-text">Notably, since October 15th, 2023, the activation limits have been under no pressure, with queues seldom reaching 50% of the daily activation capacity. However, as of February 2024, a resurgence in queue congestion has been observed, likely spurred by positive market sentiment and an influx of long-term investments or anticipation of forthcoming updates.</div></div>This scenario underscores the importance of making timely staking decisions, especially if the positive outlook on Ethereum's macroeconomic environment persists, potentially leading to queue lengths surpassing those observed post-Shapella.<h4 id="impact-on-liquid-staking-tokens-lsts">Impact on Liquid Staking Tokens (LSTs)</h4>In the event of heightened demand for staking and the emergence of queues, it's conceivable that interest may partially shift towards Liquid Staking Tokens (LSTs). Although this shift would likely result in a reduced yield on LSTs, their appeal remains intact, suggesting that LSTs could be pivotal in Ethereum's staking ecosystem moving forward.<h4 id="looking-ahead">Looking Ahead</h4>This adjustment is envisioned as a temporary measure, awaiting a definitive stance from the Ethereum Foundation on key staking parameters, such as the target staking ratio and inflation considerations. It represents a thoughtful approach to balancing growth with sustainability, ensuring Ethereum's long-term resilience and scalability.<hr><h2 id="contact-us">Contact Us:</h2>Please read <a href="https://twitter.com/PaulYa5hin/status/1757736309492179012?s=20&ref=p2p.org">the original tweet on Dencun Upgrade by Pavel Yashin</a>. Consider reading our <a href="https://p2p.org/economy?ref=p2p.org">blog</a> to learn more about the staking market and download our <a href="bit.ly/P2PorgReport">Epoch Report</a>, a comprehensive market overview.Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> We are always open for communication. We encourage you to check our website and start our staking journey together!<div class="kg-card kg-button-card kg-align-center"><a href="https://p2p.org/ethereum?ref=p2p.org" class="kg-btn kg-btn-accent">Stake with us!</a></div><hr>Web: <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a> Blog: <a href="https://p2p.org/economy/">https://p2p.org/economy</a> Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a> Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Kamil Jakub Natil

from p2p validator

Manta, Staking P2P.org Launches Manta Staking

We’re thrilled to announce the launch of Manta Atlantic Staking, a new staking opportunity in collaboration with <a href="https://manta.network/?ref=p2p.org">Manta Network</a>.<h3 id="introducing-manta-atlantic">Introducing Manta Atlantic</h3>Manta Atlantic, a Layer 1 network part of the Manta Network, operates on the Polkadot blockchain. It's recognized for its focus on providing decentralized and swift Zero-Knowledge (ZK) compliance credentials. The network introduces innovative concepts like Zero-Knowledge Simple Barter Tokens (zkSBTs) and zkAddresses, a unique system offering a private, auditable, and reusable address framework. This layer is pivotal in supporting various applications, including Zero-Knowledge Non-Fungible Tokens (zkNFTs), staking mechanisms, and various ecosystem projects, enabling smooth cryptographic interactions across different platforms.<h3 id="manta-pacific-overview">Manta Pacific Overview</h3>Manta Pacific, on the other hand, serves as a Layer 2 network on the Ethereum blockchain. It emphasizes developing and deploying Ethereum Virtual Machine (EVM)-native Zero-Knowledge applications, leveraging <a href="https://celestia.org/?ref=p2p.org">Celestia</a> for data availability and zkEVM for scalability. This network is designed with a developer-focused approach, providing tools like Universal Circuits and Software Development Kits (SDKs) to facilitate the easy integration of on-chain identities in decentralized applications. Manta Pacific stands out for its high-performance infrastructure, minimal transaction costs, and modular structure that combines scalability with low gas fees.These rephrasings highlight the distinct features and purposes of both Manta Atlantic and Manta Pacific, underlining their roles in advancing blockchain technology and privacy within the Web3 development space.<h3 id="features-of-manta-atlantic">Features of Manta Atlantic</h3><ul><li>Enhanced Privacy: Leveraging zk-SNARKs, Manta Atlantic guarantees complete transaction confidentiality, safeguarding user identity and transaction specifics.</li><li>Improved Scalability: Manta Atlantic's efficient privacy mechanisms offer high throughput and reduced transaction costs.</li><li>Interoperability: Built for easy integration across various blockchains, it fosters a more inclusive DeFi ecosystem.</li><li>User-Friendly Interface: Manta Atlantic balances advanced technology with an easy-to-use interface.</li></ul><h3 id="staking-on-manta-atlantic">Staking on Manta Atlantic</h3>With Manta Network, <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> is excited to provide staking services on Manta Atlantic. By staking their tokens, users can support the network and earn rewards.<ul><li>Staking Rewards: Attractive APY rates for stalkers, with special offers for users who wish to stake over 400K Manta.</li><li>Security: <a href="p2p.org">P2P.org</a> has an established history of secure staking services.</li><li>24/7 Support: Our team offers constant assistance for any staking-related queries.</li></ul><h3 id="how-to-stake">How to Stake</h3>Please visit our <a href="https://p2p.org/economy/manta-staking-guide/">Staking Guide</a> for a detailed guide on staking.<h3 id="about-manta-network">About Manta Network</h3>Manta Network is building a secure and interoperable future with Zero-Knowledge. Their mission is to deliver the best developer experience that enables ZL applications. Their focus is on transaction confidentiality and efficiency. Manta Network is working to reshape the DeFi world with its dedication to privacy, scalability, and interoperability.<h3 id="about-p2p-validator">About P2P Validator</h3><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider, securing over $4 billion by over 90,000 delegators/nominators across 25+ high-class networks.<hr>Web: <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a>Stake DOT with us: <a href="https://p2p.org/polkadot?ref=p2p.org">https://p2p.org/polkadot</a>Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Kamil Jakub Natil

from p2p validator

Manta, Staking, Guide Manta Staking Guide

Manta Atlantic is a prominent part of the <a href="https://manta.network/?ref=p2p.org">Manta Network</a>, recognized for being the fastest and most decentralized Zero-Knowledge (ZK) Layer1 on Polkadot.‌‌‌‌This makes it a significant contender for L1s, particularly for those applications requiring high levels of privacy and security.This guide outlines the steps to create an account on the Polkadot network and stake your assets in Manta. If you hold more than 400 K Manta, contact us to learn about special staking offers.<h2 id="creating-a-manta-atlantic-account">Creating a Manta Atlantic account</h2>Having tokens on Manta Atlantic (Polkadot parachain network) would be best. To bridge the tokens from Manta Pacific (ETH) to Manta Atlantic (Polkadot), please use the official bridge: <a href="https://app.manta.network/manta/bridge?ref=p2p.org">https://app.manta.network/manta/bridge</a>. Note that you need to have an account on Manta Atlantic. The most convenient way is to utilize the Polkadot js extension for Manta Atlantic.Remember, your seed phrase is crucial for account access. If lost, you can restore your account with it, but if someone else gets it, they can access it. Store your seed securely on encrypted hard drives, non-digital devices, or ideally on paper, and protect it from physical damage. Never store it on an internet-connected device.<h2 id="step-by-step-staking-guide">Step-by-step staking guide:</h2> 1. Navigate to the Manta staking dApp at <a href="https://app.manta.network/manta/stake?ref=p2p.org">https://app.manta.network/manta/stake</a>. When you first visit this dApp, please allow the Polkadot js extension access. 2. After you connect, you will see your dashboard page. Please select the "Start staking" button to stake your Manta tokens.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/02/Delegate-20How.png" class="kg-image" alt loading="lazy" width="2000" height="495" srcset="https://p2p.org/economy/content/images/size/w600/2024/02/Delegate-20How.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/02/Delegate-20How.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/02/Delegate-20How.png 1600w, https://p2p.org/economy/content/images/2024/02/Delegate-20How.png 2107w" sizes="(min-width: 720px) 720px"></figure> 3. You will then see the list of available collators. Do your own research before choosing the collator. Remember the basic rules: the minimum stake is 500 Manta, and the maximum number of delegations per collator is 100 (If a collator has more than 100 delegators, the minimum delegation amount to receive rewards will be larger than above 500, depending on the other delegator's stakes.). When the collator is chosen, click the "Stake" button.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/02/Delegate-20Collator.png" class="kg-image" alt loading="lazy" width="2000" height="854" srcset="https://p2p.org/economy/content/images/size/w600/2024/02/Delegate-20Collator.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/02/Delegate-20Collator.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/02/Delegate-20Collator.png 1600w, https://p2p.org/economy/content/images/2024/02/Delegate-20Collator.png 2080w" sizes="(min-width: 720px) 720px"></figure> 4. After, you will see the window to enter the desired amount to stake. Once done, you must sign the transaction using your Polkadot js wallet.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/02/Delegate-20stake.png" class="kg-image" alt loading="lazy" width="714" height="855" srcset="https://p2p.org/economy/content/images/size/w600/2024/02/Delegate-20stake.png 600w, https://p2p.org/economy/content/images/2024/02/Delegate-20stake.png 714w"></figure> 5. After the transaction appears in the blockchain, the dashboard updates automatically, and you will see the chosen collator and the buttons "Stake" (if you would like to add more tokens) and "Unstake" (if you would want to stop staking). Remember, unstaking takes seven days. Rewards are paid every 6 hours.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/02/Active-20Collator-20from-20Manta-20Network.png" class="kg-image" alt loading="lazy" width="2000" height="307" srcset="https://p2p.org/economy/content/images/size/w600/2024/02/Active-20Collator-20from-20Manta-20Network.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/02/Active-20Collator-20from-20Manta-20Network.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/02/Active-20Collator-20from-20Manta-20Network.png 1600w, https://p2p.org/economy/content/images/2024/02/Active-20Collator-20from-20Manta-20Network.png 2092w" sizes="(min-width: 720px) 720px"></figure> All credits for used materials belong to Manta Network. For more detailed information, please refer to the official <a href="https://docs.manta.network/docs/manta-atlantic/Staking/Delegation/HowTo%20Delegate?ref=p2p.org">staking guide</a>. <h2 id="about-p2p-validator">About P2P Validator</h2><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider, securing over $2 billion by over 10,000 delegators/nominators across 25+ high-class networks.<hr>Web: <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a>Stake DOT with us: <a href="https://p2p.org/polkadot?ref=p2p.org">https://p2p.org/polkadot</a>Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Kamil Jakub Natil

from p2p validator

Staking, Guide, Dymension, Celestia P2P.org Launches Dymension Staking

P2P.org is excited to announce our upcoming support for Dymension, a blockchain designed for the Internet of RollApps. As we gear up to support Dymension as a genesis validator, we're committed to furthering our mission of fostering innovation within the blockchain community and providing seamless access to decentralized technologies. Let’s dive into what Dymension does and how you can start staking with P2P.org. <h2 id="introducing-dymension">Introducing Dymension</h2>Dymension stands at the forefront of blockchain innovation, introducing a modular approach to rollups and setting a new standard for decentralized applications (dApps). Here's what makes Dymension a game-changer in the blockchain space: <blockquote>Unified Infrastructure: By serving as a hub for rollups, Dymension leverages the Inter-Blockchain Communication Protocol (IBC) to ensure secure and efficient interoperability. Flexibility and Scalability: RollApps, as modular blockchains on Dymension, offers flexibility for building. Developers can choose their virtual machines, business models, and powering tokens, facilitating tailored blockchain solutions. Economic Sustainability: With the ability to publish transaction data to specialized chains like Celestia & Avail, RollApps ensure both economic viability and scalability. Dymension's infrastructure supports the deposit, play, withdraw model, optimizing the crypto user experience. </blockquote><h2 id="p2porgs-role-as-a-genesis-validator">P2P.org's Role as a Genesis Validator</h2>As one of the first validators for Dymension, P2P.org is positioned to play a pivotal role in securing and optimizing the network. Our expertise in non-custodial staking and digital asset management, combined with a commitment to over $3.5 billion in assets (as of February 2024), underscores our dedication to the blockchain ecosystem's growth and security. <h2 id="how-to-stake-dymension-dym-with-p2porg">How to Stake Dymension (DYM) with P2P.org</h2>Staking DYM tokens with P2P.org is straightforward and secure. Here's a quick guide to get you started: <ol><li>Select P2P.org as Your Validator: Navigate to the Dymension Portal, search for P2P in the validators list, and click "Stake" next to our listing.</li><li>Delegate Your DYM Tokens: Choose the amount you wish to stake with P2P.org and confirm the transaction in your wallet.</li><li>Manage Your Delegation: Enjoy your staking rewards and utilize the management options to restake, unstake, or claim rewards directly from the Dymension Portal.</li></ol>Please note the 21-day unbonding period for DYM tokens, ensuring you maintain control over your assets while securing the network.You can review our comprehensive staking guide here for more information or contact our official support team on Telegram!<div class="kg-card kg-button-card kg-align-center"><a href="https://t.me/P2Pstaking?ref=p2p.org" class="kg-btn kg-btn-accent">Contact us on Telegram!</a></div><h2 id="join-us-in-welcoming-a-new-dimension">Join Us in Welcoming a New Dimension</h2>As Dymension prepares to launch, P2P.org invites our community to explore the possibilities of this innovative blockchain. Whether you're a developer looking to deploy a RollApp or an investor aiming to leverage your DYM airdrop, our partnership with Dymension offers new opportunities for early-bird adopters. Stay tuned for more information, including detailed staking guides and updates on our role as a genesis validator. Let's step into a new dimension of blockchain technology, where flexibility, scalability, and user experience converge to create a decentralized future for all.

Kamil Jakub Natil

from p2p validator

Economy, Staking P2P.org Upholding the Highest Security Standards with SOC 2 Type I Audit Completion

We're thrilled to announce a significant milestone in our journey to provide the safest and most reliable validator infrastructure and staking services. We have completed the SOC 2 Type I audit, an essential step in demonstrating our commitment to the highest security standards in the industry. What is a SOC 2 Type I Audit?<div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">The SOC 2 Type I audit is a rigorous evaluation conducted by an independent auditor.</div></div>For us, we partnered with <a href="https://kirkpatrickprice.com/?ref=p2p.org">KirkpatrickPrice</a>, a licensed CPA firm, PCI QSA, and HITRUST CSF Assessor with over eighteen years of experience that has carried out over 20,000 audits. The audit assesses the design and implementation of P2P.org internal controls related to our systems' security, availability, processing integrity, confidentiality, and privacy. This audit is critical for organizations like ours that handle sensitive data and operate in the blockchain ecosystem.This achievement is more than just a compliance milestone; it reflects our core values of trust, transparency, and decentralization. Maintaining robust security measures is paramount as we grow and help onboard more institutional investors. The SOC 2 Type I audit assures our users and partners that we are dedicated to protecting their digital assets and information. P2P.org's Approach to Security: Our team of over 250 professionals, predominantly developers and engineers, works tirelessly to enhance and secure our platform. We provide direct staking and liquid staking capabilities backed by leading infrastructure and insurance protection. Our SOC 2 Type I compliance is a testament to the effectiveness of our security practices and our commitment to continuous improvement. For our users, this means greater confidence in our platform's ability to safeguard their assets. Whether you're an individual staker or an intermediary like a wallet, exchange, or custodian, you can trust P2P.org to provide secure access to the entire DeFi ecosystem. Our successful SOC 2 Type I audit reinforces our promise to deliver a decentralized, non-custodial staking experience that puts your interests first. As we celebrate this achievement, we remain focused on our mission to drive the global adoption of decentralized blockchain networks. Our commitment to security is unwavering, and we will continue to embrace new challenges and opportunities to serve our community better. Thank you for being part of our journey. Together, we are shaping a more accessible and secure financial future.

Kamil Jakub Natil

from p2p validator

DVT, Staking, Ethereum, SSV.Network How does DVT help mitigate client majority risks?

<h2 id="intro">Intro</h2>The Ethereum community is now focusing on one critical theme: the risk of a supermajority client. Without delving too deep, as Dankrad Feist has already brilliantly explained this risk over two years ago in his article <a href="https://dankradfeist.de/ethereum/2022/03/24/run-the-majority-client-at-your-own-peril.html?ref=p2p.org">here</a>, it's crucial to understand the serious threat it poses. A bug in an execution client, if it is used by over 66% of the network, could force the community into painful decisions impacting network stability, users' funds, and the ETH token price. The community is already showing positive signs, reducing Geth dependency from 84% (source: <a href="clientdiversity.org">clientdiversity.org</a>), which is a step in the right direction. While execution client matters used to be passive, recent bugs with Nethermind and Besu have sparked conversation and concern among investors and professional staking providers. <figure class="kg-card kg-image-card kg-width-wide kg-card-hascaption"><img src="https://lh7-us.googleusercontent.com/rR0teqSDx-du8AvFCtK436fQh88hVYHMtpk9uz78LXdH7G9KbWL1ZfLRKbHf_ohw2TQGWo6YNwdCNRtmdIGAuMZNwD8gx_JmjKYPjH3n6xr2wPpkUVHFyRI_6vaw2sBnA4OP5unuHf7sLHuQf3vlja8" class="kg-image" alt loading="lazy" width="368" height="489"><figcaption>ETHEREUM CLIENTS DISTRIBUTION</figcaption></figure> How DVT Helps The demand for change is loud and clear. Large staking service providers, therefore, are reassessing their strategies to reduce their reliance on Geth. But what constitutes a sustainable change to mitigate supermajority risks today? Imagine a scenario where providers start replacing Geth with another client, like Nethermind. This could inadvertently create a new supermajority. The Ethereum goal is a multi-client architecture where no single client software exceeds ⅓ of the total network coverage.DVT is crucial here. By staking on SSV.network, for example, your validator is managed by a minimum of four node operators, significantly reducing the risk of a system failure. As long as three out of four operators (or the set threshold for larger clusters) are active, the validator remains online and continues earning rewards. This added fault tolerance benefits client-related bugs and common faults among node operators, such as power failure, connectivity issues, or even hardware or software failure. However, this isn't a complete solution. Clusters of node operators belonging to one single entity are not unlikely to be seen, which can undermine the goal of decentralization. This becomes riskier if they use the same EL/CL setup, as a bug in one client could affect the entire cluster.A takeaway from this for investors is to pay attention to which node operators are running the cluster, their setup, and how each node operator is correlated to others.<div class="kg-card kg-button-card kg-align-center"><a href="https://p2p.org/products/dvt?ref=p2p.org" class="kg-btn kg-btn-accent">The solution: Check our DVT Staking API</a></div> What P2P.org is Doing Now Navigating these complexities can be overwhelming. That's why, at the end of last year, we developed our DVT Staking API solution, designed for large enterprises to automate staking and lower the risk of a penalty occurring due to client supermajority bugs. This non-custodial solution, powered by DVT (SSV.network), gives instant access to a secure and diversified staking environment. By integrating a smart contract to manage $SSV on behalf of the client, we remove complex manual processes so that users can stake their ETH while having a top-performing cluster managing their validator. Initially, creating a cluster with diverse EL/CL clients was challenging. Some node operators struggled with minority client synchronization, forcing a balance between performance and client diversification. Until recently, our network supported two operators running Geth. This has changed with the addition of RockX to our network. Their institutional expertise and focus on minority clients accelerate our path toward decentralization, ensuring no single execution/consensus client dominates our cluster.<div class="kg-card kg-button-card kg-align-center"><a href="https://docs.p2p.org/docs/getting-started-ssv?ref=p2p.org" class="kg-btn kg-btn-accent">Check our API Documentation</a></div> P2P.org's Future Plans P2P has been actively working on solutions to mitigate risks posed by an execution client supermajority and other systemic risks. But, we are far from being satisfied. While we've made meaningful progress, the issue of preventing future clients from gaining a supermajority remains. Our cluster can be decentralized further, and we're contributing toward achieving a network where no client has more than ⅓ of the nodes.Institutions seek more control over their validators, including client selection, location, and MEV relays. We're responding to these needs by developing features starting with CL/EL selection. If you prefer using only minority clients for your validator, we're making that a reality.<h2 id="contact-us"> Contact Us:</h2>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> or contact <a href="mailto:[email protected]">Alessandro Maci</a>. We are always open for communication.<hr>Web: <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a>Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Alessandro Maci

from p2p validator

EigenLayer, Renzo, Ethereum, Partnership, restaking P2P.org and Renzo Partner for Decentralize Node Infrastructure

P2P.org is excited to announce a partnership with Renzo, a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. This collaboration signifies another step forward in our commitment to decentralizing node infrastructure, institutional adoption of our Staking API and enhancing Ethereum's economic security. Who are Renzo? Renzo is at the forefront of facilitating permissionless innovation on Ethereum. As an interface to the EigenLayer ecosystem, Renzo secures Actively Validated Services (AVSs), stating they offer yields higher than traditional ETH staking. By abstracting the complexities, Renzo allows end-users to collaborate seamlessly with EigenLayer node operators. Renzo's dedication to promoting EigenLayer's vision of trust acquisition and ecosystem development makes it an ideal partner for P2P.org. Our Collaboration P2P.org has been fully integrated into Renzo's Mainnet, as the second node operator. This integration enables us to scale Ethereum's economic security to all EigenLayer AVS. Renzo's approach to liquid restaking, combined with our expertise in institutional-grade node operation, creates a powerful synergy. We are thrilled to contribute to Renzo's mission of offering high-quality restaking services. Renzo's advocacy for EigenLayer and its commitment to decentralized innovation aligns perfectly with our core values at P2P.org. We both strive for transparency, security, and the widespread adoption of decentralized solutions. Looking Ahead This partnership marks a significant milestone in our journey towards a more decentralized, secure, and innovative Ethereum ecosystem. We are proud to collaborate with Renzo and contribute to the EigenLayer vision. Stay tuned for more updates and developments from this strategic partnership! For more information about Renzo and EigenLayer, visit their <a href="https://www.renzoprotocol.com/?ref=p2p.org">website</a> and explore their innovative solutions for Ethereum staking. As always, <a href="P2P.org">P2P.org</a> remains committed to our core values of Security, Transparency, Asset Rewards, Technology, and Smart Governance (STATS), ensuring the best for our community and partners. Contact us on our official community Telegram channel if you’d like to speak to our team. Link: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Kamil Jakub Natil

from p2p validator

HR, Guide Blockchain Employment: Trends and Challenges (Part II)

This section focuses on the intricate landscape of compensation and benefits within the cryptocurrency industry, highlighting the unique challenges and trends that define this domain.<blockquote class="kg-blockquote-alt">"Data is King"</blockquote>💥 Data is King: Data is of utmost importance in the organizational landscape! This holds especially true within Crypto, where companies refrain from partaking in salary surveys conducted by local or global providers. The absence of such data presents a substantial challenge in setting standardized salary benchmarks within the industry. The lack of comprehensive data analytics on salaries complicates recruiting and planning for compensation in these specialized roles.Conventional Tech salary standards presently determine crypto salaries. To illustrate, a specialist in the blockchain domain would anticipate receiving remuneration at the upper echelons of the salary range, commonly falling within the 75th or 90th percentiles within the broader technology job market.Many crypto enterprises adopt a remote work model, emphasizing expertise over location due to the industry's niche nature. Employees are frequently mobile, having become accustomed to remote work practices.Consequently, implementing a regional payroll approach becomes exceedingly challenging because employees don't confine their job searches to specific locations but explore opportunities worldwide. This situation leads to fierce global competition for available roles within the sector.Regarding experts involved in Decentralised Autonomous Organization (DAO) projects, where maintaining anonymity is often crucial, the challenge arises in determining benchmark salaries for different regions. The project management team may be unaware of the location of their employees or consultants, making it difficult to establish appropriate salary standards for specific areas. Consequently, attracting and retaining such expertise across diverse regions becomes a complex task. Setting a low salary cap might not be conducive to securing the required knowledge, especially in more expensive areas like North America and Western Europe, that would potentially disrupt your financial planning.Additionally, the prevalent practice of compensating in cryptocurrencies further complicates the calculation of gross and net salaries.<h2 id="contact-us">Contact Us:</h2>Please read our previous HR Guide on onboarding <a href="https://p2p.org/economy/shaping-onboarding-for-a-remote-distributed-team-p2p-orgs-practical-experience/">here</a> or click <a href="https://p2p.org/economy/blockchain-employment-trends-and-challenges-part-i/">Blockchain Employment: Trends and Challenges (Part I)</a>. We also wrote other articles on crypto recruitment and compensation. Please find it here: <a href="https://p2p.org/economy/navigating-the-landscape-of-crypto-compensation-and-benefits-part-1/">Navigating the Landscape of Crypto Compensation and Benefits (Part 1)</a> & <a href="https://p2p.org/economy/ghost/#/editor/post/657c60adbb026f00011df943">Navigating the Landscape of Crypto Compensation and Benefits (Part 2)</a>. You will discover our practical tips and recommendations based on our experience, mistakes, and successes in our journey, from 35 employees in 2021 to 145 people across 37 countries in 2023.<hr>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> or check our career page at <a href="https://p2p.org/careers?ref=p2p.org">https://p2p.org/careers</a>. We are always open for communication.<hr>Web: <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a>Jobs: <a href="https://p2p.org/careers?ref=p2p.org">https://p2p.org/careers</a>Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Kamil Jakub Natil

from p2p validator

HR, Guide, Economy Blockchain Employment: Trends and Challenges (Part I)

Exciting developments are unfolding in the current blockchain job market, despite challenges posed by the crypto bear market, and these developments are expected to shape future employment trends. Let's explore key highlights, including growth patterns, the rise of in-demand roles, and compensation dynamics in the cryptocurrency domain. 💡 EmploymentTrends: According to<a href="http://www.works.so/?ref=p2p.org"> www.works.so</a>, an AI-driven Web3 work platform facilitating recruitment for companies like Microsoft and CISCO, there has been a significant uptick in global cryptocurrency adoption in 2023. India has surged ahead with 100 million cryptocurrency holders, surpassing the US by a considerable margin. Crypto employers are now in fierce competition to attract skilled talent for remote work, aligning with evolving customer expectations.Meanwhile, sectors like Tech and Finance are proactively incorporating AI and Automation into their operations. According to reports by Fortune, Goldman Sachs foresees a worldwide reduction of 300 million jobs due to AI, bringing about an excess of available labour and a transition from an employee-driven market in past years to an employer-dominated market. In addition, amid ongoing geopolitical uncertainties, Venture Capitalists (VC) display reduced eagerness to invest, contributing to a widespread hiring freeze, particularly affecting startups striving to secure additional investment avenues.Despite encountering these challenges, the continuous expansion in acquiring crypto talent persists, even amid the pressures of a bear market, leading to an amplified demand for specialists in this field. However, the existing employment scenario is impacted by numerous factors:<div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-text">📚 Lack of specialised crypto/blockchain education (with most specialists being self-taught). 🏛️ Difficulty in registering with local legal entities due to remote work specifics and wide distribution. 🌐 Initial hiring of employees as contractors/consultants in various jurisdictions, posing challenges for back-office functions like HR, Legal Compliance and Accounting, in effectively managing compensation, tax and talent management.</div></div> On a positive note, MFAANG Big Tech companies are encouraging their workforce to return to the office and with AI and Automation posing threats to traditional jobs, the Crypto industry is becoming an attractive option for talent seeking refuge from office return mandates.As we navigate these complex dynamics within the blockchain job market, it's clear that the industry is not just facing challenges but also presenting new opportunities. In the next part of our exploration, we will delve deeper into the specifics of compensation and benefits in this evolving sector.<h2 id="contact-us">Contact Us:</h2>Please read our previous HR Guide <a href="https://p2p.org/economy/shaping-onboarding-for-a-remote-distributed-team-p2p-orgs-practical-experience/">here</a> and <a href="https://p2p.org/economy/navigating-the-landscape-of-crypto-compensation-and-benefits-part-1/">Navigating the Landscape of Crypto Compensation and Benefits (Part 1)</a> & <a href="https://p2p.org/economy/ghost/#/editor/post/657c60adbb026f00011df943">Navigating the Landscape of Crypto Compensation and Benefits (Part 2)</a>. You will discover our practical tips and recommendations based on our experience, mistakes, and successes in our journey, from 35 employees in 2021 to 145 people across 37 countries in 2023.<hr>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> or check our career page at <a href="https://p2p.org/careers?ref=p2p.org">https://p2p.org/careers</a>. We are always open for communication.<hr>Web: <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a>Jobs: <a href="https://p2p.org/careers?ref=p2p.org">https://p2p.org/careers</a>Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Kamil Jakub Natil

from p2p validator

HR, Guide Navigating the Landscape of Crypto Compensation and Benefits (Part 2)

In <a href="https://p2p.org/economy/navigating-the-landscape-of-crypto-compensation-and-benefits-part-1/">Part 1</a>, we discussed how the crypto market differs from traditional IT, Fintech, and Tech sectors. Now, we invite you to explore the world of crypto recruitment in greater depth. We will share insights into this dynamic industry's employment and compensation landscape.<figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://p2p.org/economy/content/images/2023/12/Screenshot-2023-12-15-at-16.27.57.png" class="kg-image" alt loading="lazy" width="1638" height="852" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Screenshot-2023-12-15-at-16.27.57.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Screenshot-2023-12-15-at-16.27.57.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Screenshot-2023-12-15-at-16.27.57.png 1600w, https://p2p.org/economy/content/images/2023/12/Screenshot-2023-12-15-at-16.27.57.png 1638w" sizes="(min-width: 720px) 720px"><figcaption>Source: https://a16zcrypto.com/posts/article/state-of-crypto-report-2023/</figcaption></figure><h2 id="%F0%9F%92%BB-evolving-skill-requirements">💻 Evolving Skill Requirements:</h2>Previously, individuals with administrative expertise in HR, Legal, and Finance could transition into roles within the crypto industry based on their tech experience. However, the current landscape demands a heightened level of specialization within these functions, necessitating candidates to possess in-depth knowledge of the #crypto industry. This includes understanding its unique language and discerning customer needs specific to the crypto space, which may differ significantly from other industries. The blockchain community remains tightly connected, and to seize opportunities and excel in this domain, one must actively engage and become an integral part of this close-knit community.<h2 id="%F0%9F%92%A1hiring-trends">💡#Hiring Trends:</h2>A noteworthy shift has occurred in the ever-evolving landscape of the #CryptoJobs market. Initially, it was a candidate-driven market, marked by a surplus of vacancies and a scarcity of qualified individuals. However, as investments dwindled, companies recalibrated their hiring strategies, emphasizing efficiency over quantity.<blockquote class="kg-blockquote-alt">efficiency over quantity</blockquote>The employment landscape witnessed further turbulence with the substantial layoff wave in 2022, mainly affecting tech giants like #Amazon #Google #Meta and #Microsoft. This wave had a ripple effect, impacting various roles, including engineers, and significantly altering the employment dynamics across the industry.<figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://p2p.org/economy/content/images/2023/12/Screenshot-2023-12-15-at-16.25.24.png" class="kg-image" alt loading="lazy" width="2000" height="817" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Screenshot-2023-12-15-at-16.25.24.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Screenshot-2023-12-15-at-16.25.24.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Screenshot-2023-12-15-at-16.25.24.png 1600w, https://p2p.org/economy/content/images/2023/12/Screenshot-2023-12-15-at-16.25.24.png 2150w" sizes="(min-width: 720px) 720px"><figcaption>Source: https://layoffs.fyi</figcaption></figure>For companies and professionals alike, understanding these dynamics is paramount. The initial candidate-driven scenario has given way to a more balanced environment, with a surge in candidates entering the #crypto market. This shift necessitates a strategic approach for companies looking to hire professionals navigating the unique challenges and opportunities presented by the evolving crypto sector. Companies are now tasked with not only seeking efficiency but also with distinguishing themselves in a market flooded with potential candidates. Professionals, on the other hand, need to strategically position themselves to stand out amidst the increased competition, leveraging their skills and expertise to align with the evolving needs of the industry.As the #CryptoJob market matures, staying informed about these trends becomes imperative.Adapting to the changing dynamics will be essential for companies aiming to attract top #talent and for professionals seeking to thrive in this dynamic and competitive landscape. In an industry where candidate influx is on the rise, strategic insights into employment market trends are the compass guiding successful navigation. As we explore these evolving employment dynamics, let's pivot our focus toward a deeper understanding of Compensation and Benefits, a critical factor shaping these trends. In our next C&B post, we will delve into the intricate landscape of Compensation and benefits and discuss # EmploymentTrends even further!<h2 id="contact-us">Contact Us:</h2>Please read our previous HR Guide <a href="https://p2p.org/economy/shaping-onboarding-for-a-remote-distributed-team-p2p-orgs-practical-experience/">here</a> and <a href="https://p2p.org/economy/navigating-the-landscape-of-crypto-compensation-and-benefits-part-1/">Part 1</a>. You will discover our practical tips and recommendations based on our experience, mistakes, and successes in our journey, from 35 employees in 2021 to 145 people across 37 countries in 2023.<hr>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> or check our career page at <a href="https://p2p.org/careers?ref=p2p.org">https://p2p.org/careers</a>. We are always open for communication.<hr>Web: <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a>Jobs: <a href="https://p2p.org/careers?ref=p2p.org">https://p2p.org/careers</a>Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Kamil Jakub Natil

from p2p validator

Navigating the Landscape of Crypto Compensation and Benefits (Part 1)

The landscape of the crypto market is unique and distinct from traditional sectors such as IT Fintech and Tech. Several factors contribute to these distinctions, influencing how people are hired, compensated, and operated within the crypto domain. In the coming weeks, we invite you to follow our posts, where we will take a deep dive into the dynamic world of crypto recruitment, sharing insights into the employment and compensation terrain.<h2 id="%F0%9F%91%A5-workforce">👥 Workforce:</h2><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">The cryptocurrency market exhibits distinct characteristics compared to traditional IT and Tech sectors, which impact talent acquisition, compensation, and employment practices within this domain.</div></div>Decentralization and Digital Nomadism: The prevalence of remote and distributed teams is widespread in cryptocurrency. This presents a challenge when structuring compensation systems for global teams. Additionally, the general use of service contracts and digital nomadism further shape the landscape. Contracts often govern relationships, and team members may frequently change locations. Employee Turnover Dynamics: It is noteworthy that the average tenure of employees within blockchain companies tends to be shorter than in traditional industries. Individuals in this field often switch jobs, make career decisions more swiftly, and exhibit a readiness for change. Distinctive Compensation Structure: The cryptocurrency industry embraces a broader use of options and token-based incentives, leading to a unique compensation structure. Compensation sizes are often inconsistent, as cryptocurrency companies typically do not participate in large-scale surveys. Moreover, salary data may exhibit more significant variability due to the influence of short-term factors.These unique attributes make the crypto work environment dynamic and necessitate adaptability and innovation in talent management and compensation strategies.<h2 id="%F0%9F%93%9D-financial-planning">📝 Financial Planning:</h2>As revenues and earnings of projects are often in cryptocurrency and not in fiat currency, expenses are predominantly in fiat currency, with the markets being so volatile. The price of tokens can fluctuate several times in just a few days, and the income you generate might not be sufficient to cover expenses such as payroll and other personnel costs (the most significant expense in an organization, followed by infrastructure costs). Therefore, you might explore securing additional investment to cover these operational costs until your business matures.<div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">In summary, market fluctuations introduce unpredictability to financial planning, demanding continual flexibility and adaptability in your business strategy.</div></div>That’s all for today. Don’t miss our next posts, where we will delve into the intricate landscape of C&B and talk further about hiring trends and employment trends.<h2 id="contact-us">Contact Us:</h2>Please read our previous HR Guide <a href="https://p2p.org/economy/shaping-onboarding-for-a-remote-distributed-team-p2p-orgs-practical-experience/">here</a>. You will discover our practical tips and recommendations based on our experience, mistakes, and successes in our journey, from 35 employees in 2021 to 145 people across 37 countries in 2023.<hr>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> or check our career page at <a href="https://p2p.org/careers?ref=p2p.org">https://p2p.org/careers</a>. We are always open for communication.<hr>Web: <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a>Jobs: <a href="https://p2p.org/careers?ref=p2p.org">https://p2p.org/careers</a>Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Kamil Jakub Natil

from p2p validator

Aptos, Staking, Guide Aptos (APT) staking guide

<h3 id="introduction-to-aptos-and-staking-apt">Introduction to Aptos and Staking APT</h3>Aptos is an innovative blockchain platform that has emerged as a significant player in the Web3 infrastructure. It is designed to address blockchain technology's typical challenges, such as frequent outages, high costs, low throughput, and security concerns. The Aptos blockchain is built with a focus on scalability, safety, reliability, and upgradeability, making it a robust foundation for deploying decentralized applications.Key Features of Aptos:<ol><li>Security with Move Language: Aptos natively integrates the Move language for secure and fast transaction execution. The Move prover, a formal verifier for smart contracts in Move, enhances security, allowing developers to protect their software effectively.</li><li>Flexible Data Model: The blockchain supports flexible key management and hybrid custodial options. It ensures transaction transparency and offers a safer user experience.</li><li>High Throughput and Low Latency: Aptos achieves this through a pipelined and modular approach in transaction processing, leveraging parallel execution and efficient use of hardware resources.</li><li>Atomicity in Transactions: Unlike other blockchains, Aptos supports atomicity in complex transactions without requiring upfront knowledge of data access, simplifying development and enhancing performance.</li><li>Modular Architecture and Upgrades: The design of Aptos supports frequent and instant upgrades, optimizing client flexibility and accommodating new Web3 use cases.</li><li>Scalability Initiatives: Aptos is exploring advanced scalability solutions like internal sharding and state sharding to enhance throughput without adding complexity for node operators.</li></ol>Staking APT, the native token of Aptos, involves participating in the network's security and governance by locking tokens with validators. This guide provides a step-by-step process for staking APT, helping you contribute to the network's robustness while potentially earning rewards.For more detailed information about Aptos, you can refer to their <a href="https://aptosfoundation.org/whitepaper?ref=p2p.org">whitepaper</a>.<h2 id="step-by-step-guide">Step-by-step guide: </h2>1. Visit the official Aptos explorer page:<a href="https://explorer.aptoslabs.com/validators/delegation?network=mainnet&ref=p2p.org"> https://explorer.aptoslabs.com/validators/delegation?network=mainnet</a> 2. Connect your wallet. To use the ledger - link it with Petra or Pontem using the official guide:<a href="https://support.ledger.com/hc/en-us/articles/7326502672285-Aptos-APT-?docs=true&ref=p2p.org"> https://support.ledger.com/hc/en-us/articles/7326502672285-Aptos-APT-?docs=true</a><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/OiAap6zxDQyrfEM-7ZHNAc45wKpGv-llJsaz-oSd4iHuXPdJdzgF6cNnaiV5cDPt24LvE6Wv1YXgysyt7KExE7noD5OZn133DutbbDaYWdTpa6F2v-Ln1_Swyacj27RuhNKSP7911iZx3NTFcGwhvFM" class="kg-image" alt loading="lazy" width="516" height="320"></figure>3. Visit a validators list and select a delegation node to stake with; they are public and open for anyone to use.<div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-text">P2P’s node address: 0x7273179d4e29d1ab9e3d16ea3c1ef8e9f3a42891b0b51b67d7d14c4444af56ff</div></div><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/8yvG7PZX5OZEmYml4teevKK1TUUbPggYxAiPIuHe4yvLkx6ym606-fSV_7vptv0TmBg4lb4AYe_8jTLl3Qx8gXXw3H_AB4QIP_JVSkVsDIx2dWh4elLLySFd0Z6pBZG4lWYrvS_1wMC1kRtsomysS6w" class="kg-image" alt loading="lazy" width="602" height="376"></figure>4. Press "stake".P2P's validator page: <a href="https://explorer.aptoslabs.com/validator/0x7273179d4e29d1ab9e3d16ea3c1ef8e9f3a42891b0b51b67d7d14c4444af56ff?network=mainnet&ref=p2p.org" rel="noopener noreferrer">https://explorer.aptoslabs.com/validator/0x7273179d4e29d1ab9e3d16ea3c1ef8e9f3a42891b0b51b67d7d14c4444af56ff?network=mainnet</a><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/lQcHa4Lfy1wPg3n9KN54tnihDYn1TVKVKiYUTZ7qT1HV7997yCggmo1w_QT8ix423BBnYmjCxA-JGx3u6eWApmNwniyVopPoUM3-uZU3dZSJFO0MaH4ppKurWaLX1bwy1jnI2BLvsMabsENhgUU0-Ws" class="kg-image" alt loading="lazy" width="602" height="376"></figure>5. Choose the amount and press "deposit".<figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/iVCZf-PfbHXZQfONiMrjuc4fOIwvKSd92_0VuKM4POs9VKFUAfeArAgznPhyomZyN_xD3iI32TkMoLjdjVgJvumOCcXIWFh-llAcyzcnUO9HDmob7vyfGvBVC_cYgPns4Fx8j_Y4Q3dccGyGBNnCyjs" class="kg-image" alt loading="lazy" width="520" height="324"></figure>6. You will see the confirmation message.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/12/AptosBlured.jpg" class="kg-image" alt loading="lazy" width="1600" height="958" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/AptosBlured.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/AptosBlured.jpg 1000w, https://p2p.org/economy/content/images/2023/12/AptosBlured.jpg 1600w" sizes="(min-width: 720px) 720px"></figure>7. you will see your delegation on your validator's page once everything is set.<figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/2l8K9oXSF6yjWRuc3eg0IBo9YGrr-bMaQihCcdREmgoO9neQe80oGoPpOvl7AWDqLnQ6lIQmoFPy5BxSaHAh4wDZUKcA_NWqBB1lSw7Qdrix18am_VB4fZrVOoyBnAM5EcgqcTd-KYSfhTNzPSQyYr0" class="kg-image" alt loading="lazy" width="602" height="376"></figure><h2 id="about-us">About Us:</h2><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider, securing over $2 billion by over 10,000 delegators/nominators across 25+ high-class networks.<hr>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> or contact Alexander via <a href="mailto:[email protected]" rel="noopener noreferrer">[email protected]</a>. We are always open for communication.<hr>Web: <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a>Stake APT with us: <a href="https://p2p.org/aptos?ref=p2p.org">https://p2p.org/aptos</a>Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Kamil Jakub Natil

from p2p validator

HR, Guide Shaping Onboarding for a Remote Distributed Team: P2P.org's Practical Experience

<div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">In this article, we want to share practical tips and recommendations based on our experience, mistakes, and successes in our journey from 35 employees in 2021 to 145 people across 37 countries in 2023.</div></div>We will discuss the challenges we encountered as our team grew and became more distributed, the valuable lessons we learned, and the practical steps we took to improve our onboarding process, making it smooth, effective, and productive for everyone. <h2 id="getting-started-why-onboarding-matters">Getting Started: Why Onboarding Matters</h2>Before we proceed further, let's pause and consider a fundamental question:<blockquote class="kg-blockquote-alt">What is the purpose of the onboarding process?</blockquote>In summary, it can be distilled as follows: to establish a strong foundation for the long-term success of new employees, assist them in assimilating into the workplace culture, reaffirm their decision to accept the job offer, expedite their journey to productivity, and have a lasting impact on employee retention.Every onboarding process follows common developmental principles throughout its lifecycle. The critical question is how effective your process is at these stages and whether the objectives of each stage are being met.Now, let's outline each of these steps:<ul><li>Pre-Boarding. First Touch with Company Procedures, Paperwork, and Pre-Start Setup.</li><li>First Day. Forming the First Impression of Company Culture Through Welcome.</li><li>First 7 Days. Orientation and Goals of the First Week.</li><li>First 30 Days. Goals Alignment and Team Integration.</li><li>First 60 Days. Collaboration and Skill Development.</li><li>First 90 Days. Assessment of Achievements and Future Outlook.</li><li>Further Development. Independence and Continuous Growth.</li></ul>Each step progressively lays the foundation for integrating a new team member into processes, the cultural environment, role understanding, goals, and expectations.The success at the start and effectiveness in the future depends on the quality of each of these steps. <h2 id="okay-the-importance-of-onboarding-is-evident-but-what-does-it-have-to-do-with-distributed-teams">Okay. The importance of onboarding is evident. But what does it have to do with distributed teams?</h2>We won't dwell on why onboarding is generally important and how critical it is not to fail this stage. But what is the uniqueness of building the process for distributed teams?The answer is simple:<blockquote class="kg-blockquote-alt">For new remote-distributed employees, things are a bit different.</blockquote>Think about it. A new remote team member often has to handle document preparation processes and thousands of paper details on their own. They can't just "go to the HR office." When (and if) this is done, they play the role of a sysadmin, trying to set up their equipment and deal with a thousand access points independently. And then, at this stage, they finally meet the team on a Zoom call but can't continue this acquaintance in the hallway or over lunch. All they have access to are avatars in Slack. In addition, they can't observe how the team behaves and what jokes they like, and it's more challenging for them to adapt.When asking any questions, they face a delay in explanations caused by asynchronous communication. When they finally get them, it often looks like "study 150 pages of our wiki" or "Here's the instruction, figure it out." And the discouraged newcomer, hesitating to look foolish, becomes overwhelmed with information and confused. And while trying to understand the goals and expectations of their role, they often experience a lack of context. It's not a very pleasant story. But this is precisely how a new employee's experience in a distributed remote team can look if the onboarding process is not designed with the peculiarities of this environment in mind. We will share how to build it and our experience in the following sections. <h2 id="now-about-our-experience-at-p2porg">Now, about our experience at<a href="http://p2p.org/?ref=p2p.org"> P2P.org</a></h2><div class="kg-card kg-callout-card kg-callout-card-grey"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">A bit about us. We are an international company with 145 employees working from 37 countries worldwide.</div></div>Like many companies that will find our material valuable, we operate in different time zones and entirely remotely. But several challenges are unique or specific to us:1) Geographic Diversity - We aren't just distributed; we work with people from various parts of the world.2) Language and Cultural Aspects - We use English as the standard language for corporate communication. However, our team members come from diverse language backgrounds, including Korean, Czech, Russian, and Indian, representing both Western and Eastern cultures.3) Rapid Growth Pace - We are an example of a rapidly growing company. From 35 employees in 2021, we grew to 100 in 2022, and now we have 145 employees in 2023. These numbers do not include our projects, which have grown with us and have become autonomous.4) Technically Complex Domain - The crypto domain is technically challenging and unique due to the rapid evolution of technologies and industries and the constant obsolescence of knowledge. <h1 id="chapter-1-onboarding-from-ground-zero-to-mvp">Chapter 1: Onboarding from Ground Zero to MVP</h1>So, how did our onboarding journey begin?Onboarding is one of our company's most mature and refined processes, but it evolved from scratch through iterations.It all started with the need to grow from 35 employees to 100 within just one year. We assessed our hiring capabilities and realized we were up to the task. But what about the subsequent process?It was at ground zero.Our only communication channel was Slack, and we didn't use any visual organizational charts or clear action guides for new team members. Imagine the bewilderment of a new team member who gained access on the first day and had to ask questions and try to navigate independently. It was like a tough scout school.This became the catalyst for us to start developing the onboarding process.We decided to approach its creation as if we were building any other product – by focusing on our users and conducting interviews with them.We identified the key stages of the lifecycle by analyzing an employee's journey from the moment they accept the offer to the end of their probationary period. (Later, these were revised, leading to the list we provided at the beginning of the article, but more on that later).<blockquote>1. Pre-boarding 2. The first day 3. The first working month 4. Completion of the probation period</blockquote>For each of these stages, we compiled a list of pain points.The majority of these pain points were found in pre-boarding. An unclear onboarding process, extended time frames between stages, lack of navigation, and the need to ask a thousand questions about the next steps. We focused on resolving these issues in our initial iteration. <h2 id="step-1-creating-a-step-by-step-pre-boarding-guide-for-employees">Step 1: Creating a Step-by-Step Pre-Boarding Guide for Employees</h2>It took us some effort to break down this part of the process into steps and define roles and responsibilities. Additionally, we spent some time creating a process board in Notion and formatting the process into a checklist for employees.Now, the employee's journey began with access to this step-by-step guide, and for the first time, we heard positive feedback regarding our pre-boarding and navigation. Starting from document collection, signing NDAs, and ending with contract signing, our process began to function like a conveyor belt, with each function having its designated segment and SLA, whether it was HR, Legal, or Finance.This was a significant improvement, but we knew it wasn't enough. Understanding procedures and roles is one thing, but in a distributed team, it's essential to have a unified entry point to the corporate wiki, efficient and without delays, to gain access and familiarize oneself with rituals, policies, and processes. This gave rise to a backlog of tasks for the next iteration of our onboarding development. <h2 id="step-2-creating-a-unified-company-wiki-and-handbook-prototype">Step 2: Creating a Unified Company Wiki and Handbook Prototype</h2>In this iteration, we gathered existing company documents, knowledge bases, and procedures into a handbook, dividing it into logical sections.Now, the pre-boarding process for employees included familiarizing themselves with the handbook, where they could find schedules for team meetings, a list of benefits and the process for obtaining them, and a list of systems and their owners. Notably, it also included knowledge bases from our ecosystem.This step allowed us to make significant progress in navigation, benefiting new employees and team leaders, as we included answers to inevitable questions in the onboarding guide. <h2 id="step-3-scaling-and-automation">Step 3: Scaling and Automation</h2>So, we found ourselves at a point where we had created conditions for a reasonably smooth adaptation process. However, there was one drawback – manual processes. As you may recall, from the beginning of our story, we grew by 70 people in one year. Our newly established conveyor of processes started to malfunction under the weight of the workload.This led us to the necessity of automation. Firstly, we identified the most time-consuming manual processes, such as handling requests for equipment and document flow.At this stage, we could automate equipment requests by creating simple tickets for the performers. It made the process significantly more manageable. Over time, the request management system evolved into a full-fledged service desk portal. Still, at the outset, we used the most straightforward and most accessible tools, guided by one principle – the one-stop-shop service. In other words, creating employee requests through a single window with subsequent routing. <h2 id="step-4-introduction-of-the-people-partner-role">Step 4: Introduction of the People Partner Role</h2>Now, our new employees are entering the workforce well-prepared and ready for their tasks. However, a new set of challenges emerged at this stage - building relationships and cultural integration. We were growing rapidly and couldn't keep up with building relationships and immersing our new hires in our culture. What's important is that, at this pace, we couldn't simply delegate this task to team leads and the team. They were all feeling overwhelmed.That's when the role of People Partner emerged, responsible for the people experience from the moment an offer was accepted until the end of the probationary period (now extending throughout the employee's journey, up to the exit interview).What improvements did the introduction of this role bring to onboarding?<ol><li>Accompaniment and progress monitoring at all stages of onboarding. We could immediately identify difficulties and assist.</li><li>The presence of a "buddy" for safe communication. No one hesitated to ask the People Partner a thousand obvious questions.</li><li>Analysis of the employee's experience through probation meetings. People Partners conducted regular 1-1 meetings with each new employee to assess the quality of their onboarding. The notes from these meetings allowed us to analyze and implement improvements based on feedback.</li><li>Introduction of new employees to the entire company. The People Partner gathered information about each new team member, including their experience, hobbies, and interesting facts. On the day they joined, a Slack post would welcome them. We always knew we were hiring unique specialists and professionals, but with the introduction of celebrations for new faces, we learned how talented, vibrant, and diverse they indeed were. Team members had more reasons to build informal connections, which was a significant victory. </li></ol><h1 id="chapter-2-from-process-efficiency-to-business-effectiveness">Chapter 2: From Process Efficiency to Business Effectiveness</h1>Drawing parallels between creating the onboarding process and developing a product, we could say we had successfully implemented an MVP at this stage.The process was working and delivering value.By this point, several significant changes had taken place. Internally, we reached our headcount target (100 employees), moving from rapid expansion to the stage of structuring and establishing the company (which also meant a growth crisis).We expanded into new hiring regions, introducing unique cultural nuances and more excellent distribution.Externally, there were political upheavals in 22, leading to talent migration and eventually a severe industry crisis, marking the onset of the crypto winter.These changes were so profound that they impacted the market as a whole, our team, and our approach to doing business.Like many companies facing a bear market, we needed to focus on efficiency and business results, ensuring the company's resilience.Therefore, we had to adapt our processes to this new reality. <h2 id="step-5-setting-the-expectations-right">Step 5: Setting the Expectations Right</h2>So, we decided to address the pains that were affecting not only the employee experience but also the business as a whole. We made an unpleasant discovery:<div class="kg-card kg-callout-card kg-callout-card-grey"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">goal-setting during the probationary period didn't always happen formally, promptly, in a structured manner, or transparently.</div></div>This led to the development of the goal-setting control process. We started with simple ticket automation for tracking deadlines, ensuring that the problem wasn't technical in nature but rather related to the essence of goal-setting.Initially, we gathered statistics on the average time it took for a new hire to receive their goals. Then, we conducted a fundamental analysis of their quality, looking for specific indicators, deadlines, and alignment with team goals.This allowed us to train team leads and hiring managers on effective goal-setting and so somewhat jump-started the process.We then included goal-setting with a team lead as one of the tasks in the new hire's onboarding process, making them a proactive participant. Perhaps this was the most effective component.Over time, our goal-setting process evolved, but more on that later.At this point, we observed a mature process with clear pre-boarding, goal-setting, quality control, and experience monitoring at all stages. This was inspiring and uplifting for us. <h2 id="step-6-team-culture-integration-check">Step 6: Team & Culture Integration Check</h2>As you might have guessed from the previous part, many insights about the onboarding process came from employees and team leads through Probation Meetings and probation-end feedback.We were pretty satisfied with the process at this stage, but one aspect still required attention.At the beginning of 2023, we introduced the company's values, integrated them into the hiring process, selected ambassadors, and recognized achievements.For us, it became critically important to consider not only key onboarding success indicators but also the factor of cultural fit with the team and alignment with our values.However, our process only had a 90-degree view - the employee's experience and the feedback from the team lead.So, we turned to the 30-60-90 days practice and implemented it as follows.Before meeting with the employee at the 30, 60, and 90-day marks, the team lead receives feedback from the team. This feedback allows them to assess employees' alignment with our values, culture, and team integration.What did this achieve? Our view became broader, and the assessment became more timely. It's better to adjust goal-setting or cultural fit with the team at an early stage. <h1 id="chapter-3-where-we-are-now-and-a-glimpse-into-the-future">Chapter 3: Where We Are Now and a Glimpse into the Future</h1>We've arrived at the concluding chapter of our story. It's time to share what our onboarding process looks like now, the successes we've achieved, and our plans for the future.<h3 id="so-our-current-process">So, our current process:</h3><ul><li>Pre-Boarding: Every new employee is accompanied by a People Partner through the paperwork process and follows a step-by-step onboarding plan we've implemented in Notion. From the company's side, the process is automated in Jira.</li><li>First Day: On the first day, we publish news and a self-introduction of the new team members, welcoming them to the general Slack channel. Additionally, they meet the team and have a 1-1 session with the team lead. A digest email with navigation and access information is sent to the new team member's inbox.</li><li>First 7 Days: At this stage, the new team member is ready to set goals for the probationary period. The People Partner's role is to assist with any questions at this stage and ensure the process continues smoothly.</li><li>First 30 Days: The first goal alignment session involves the team lead and an HR representative (typically the recruiter who hired the employee). Feedback from the employee and team members is reviewed, and adjustments are made if necessary. During the first month, the People Partner also conducts a 1-1 meeting to assess onboarding quality from the new team member's perspective.</li><li>First 60 Days: This is an intermediate checkpoint similar to the first meeting, but the focus here is on goals. There's still a month ahead, providing time to address any difficulties.</li><li>First 90 Days: Here, the final results are discussed, achievements are evaluated, and the success of the probationary period is assessed. At this stage, we know we're ready to move forward together with a solid foundation for work. </li></ul><h2 id="our-current-status-and-future-roadmap">Our Current Status and Future Roadmap</h2>What have these improvements resulted in? It's time to provide insights into our current status, the metrics we are measuring, and our vision for future development.<ol><li>Low Early Voluntary Churn (During Probationary Period). For example, in 2023, this indicator was 0.8%.</li><li>Efficient Pre-Boarding Process. Signing an NDA takes 1-2 days with an SLA of 48 hours, and the contract takes 72 hours.</li><li>Reduced Time-to-Proficiency. 100% of employees complete pre-boarding by day 1, are informed about basic processes, and are ready to work. 100% of new team members have their goals set within the first 2 weeks of work.</li><li>Time and Resource Savings: We've reduced the time team leads spend on adaptation and navigation.</li><li>Employee Satisfaction: Over 95% of employees currently rate the process as "excellent." </li></ol><h2 id="our-plans-for-the-future">Our Plans for the Future</h2><ol><li>Improving the Quality and Structure of Feedback.</li></ol>No matter how well the process works, feedback is always a creative and thoughtful part that requires continuous development through reflection. What message are we conveying with our feedback? What intentions do we want to share?2. Probation Feedback as a Performance Management Component.We want to integrate feedback on probation goals with the company's overall performance management cycle. From an employee's lifecycle perspective, onboarding is not a standalone part but the beginning of the employee journey map. <h1 id="conclusion-and-takeaways">Conclusion and Takeaways</h1><ol><li>Identify Your Internal Customers Groups and Who You're Striving to Deliver Key Value.</li></ol>In almost all cases, these will be new employees as one group, team leaders as the second, and HR+back office as the third. In our story, we focused on the first two, but it might be different in your case.2. Invest in Pre-Onboarding Development; These Investments Will Pay Off.Pre-onboarding quality will determine who joins you on their first working day—someone confused and unsure of how to set up email or an informed and fully prepared professional.3. Transparency of Goals and Expectations is the Foundation of Long-term Commitments.We expect commitment to the cause from people, but how can we expect that if we ourselves don't know what success looks like? Show employees the company's goals, team goals, and what personal contribution you expect from them.4. Technology Matters, but It Doesn't Replace People.Regardless of how technologically advanced your process is, replacing human support in the first few days is challenging. The People Partner plays this crucial role in our company, but in others, it may be someone else. It's essential to understand that human support is critical at this stage.5. Observation and Timeliness.Resources are too valuable to discover that something went wrong after 90 days. It's crucial to monitor and promptly respond to any deviations. Monitoring goal achievement, team alignment, and alignment with values can be aided by the 30-60-90 approach. <h2 id="the-overall-message">The Overall Message?</h2><div class="kg-card kg-callout-card kg-callout-card-red"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">Use an iterative process. Start with something simple, actively seek feedback, analyze, and then refine.</div></div>This strategy allows you to tailor the onboarding process to fit your team's specific needs and culture. We hope our experience and ideas will serve as a source of inspiration and guidance in your onboarding efforts, demonstrating that continuous improvement is the key to a genuinely practical and enriching onboarding experience.

Kamil Jakub Natil

from p2p validator

Polkadot, Staking, Partnership CoolWallet Partners with P2P.org to Revolutionize Polkadot DOT Staking

<h2 id="intro">Intro</h2>We are thrilled to announce a strategic partnership with P2P.org, a prominent player in the cryptocurrency staking landscape. This collaboration will empower CoolWallet users with seamless access and top-tier security for non-custodial Polkadot (DOT) staking, made possible through P2P.org's institutional-grade staking solution and CoolWallet's cutting-edge security technology. This partnership underscores our shared commitment to delivering secure and user-centric solutions in the crypto space. Founded in 2018, P2P.org is dedicated to providing staking services and has emerged as a leading proof-of-stake validator and RPC node provider. P2P.org assists investors in compounding their cryptocurrency investments and offers high uptime and secure staking with advanced monitoring and support.<div class="kg-card kg-button-card kg-align-center"><a href="https://p2p.org/?ref=p2p.org" class="kg-btn kg-btn-accent">P2P.org official website</a></div>Since 2021, the CoolWallet Pro, a credit card-sized hardware wallet designed for mobile use, has safeguarded the crypto assets of over 300,000 users worldwide, reaffirming our commitment to global asset security. With advanced security features like an EAL6+ rated Secure Element, CoolWallet Pro redefines crypto management, offering a secure and user-friendly web3 experience anytime, anywhere.<div class="kg-card kg-button-card kg-align-center"><a href="https://www.coolwallet.io/?ref=p2p.org" class="kg-btn kg-btn-accent">CoolWallet official website</a></div><h2 id="partnership">Partnership</h2>CoolWallet and P2P.org aim to set a new standard for DOT staking through this partnership. Our shared goal is to elevate the non-custodial staking experience, ensuring it is not only efficient but also fortified by state-of-the-art security measures. This collaboration significantly benefits users by combining P2P.org's user-centric staking solutions with CoolWallet's renowned intuitive product design. CoolWallet's dedication to a seamless user experience and maximum security aligns perfectly with our decentralized philosophy at P2P.org. Together, we are committed to driving the mainstream adoption of cryptocurrency while ensuring that our platform remains at the forefront of technological innovation and advanced asset security. This partnership represents a significant leap forward in our mission to provide comprehensive, secure, and efficient non-custodial staking services, catering to institutional users and the broader cryptocurrency community. We take immense pride in partnering with CoolBitX, leveraging their security expertise to enhance our staking services. <h2 id="contact-us">Contact us</h2>For more in-depth insights into staking knowledge and its benefits for DOT stakers, please visit <a href="https://p2p.org/?ref=p2p.org">P2P's official website</a>.

Kamil Jakub Natil

from p2p validator

Polkadot, Staking, Guide, Vara Vara Staking Guide

<div class="kg-card kg-callout-card kg-callout-card-red"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">This guide outlines the steps to create a Vara Account and stake your assets in Vara. Contact us for those holding over 1M VARA to learn about special staking conditions.</div></div><h2 id="create-vara-account">Create Vara account</h2>To create a Vara account, use popular substrate-based wallets such as SubWallet, Talisman, or the Polkadot.js browser extension. For secure storage, consider Polkadot Vault. Note that Ledger support is not yet available. Being Substrate-based, Vara supports any keypair compatible with sr25519.Remember, your seed phrase is crucial for account access. If lost, you can restore your account with it, but if someone else gets it, they can access it. Store your seed securely on encrypted hard drives, non-digital devices, or ideally on paper, and protect it from physical damage. Never store it on an internet-connected device.<h2 id="staking-vara">Staking Vara</h2>Here's how to stake Vara tokens via the user-friendly staking dashboard at <a href="http://staking.vara-network.io/?ref=p2p.org" rel="noopener noreferrer">staking.vara-network.io</a>. Alternative methods include the Polkadot js <a href="https://wiki.vara-network.io/docs/staking/nominate?ref=p2p.org#via-polkadotjs-app" rel="noopener noreferrer">portal</a> and wallets like <a href="https://wiki.vara-network.io/docs/staking/nominate?ref=p2p.org#via-subwallet" rel="noopener noreferrer">SubWallet</a>.<ol><li>On the dashboard at <a href="http://staking.vara-network.io/?ref=p2p.org" rel="noopener noreferrer">staking.vara-network.io</a>, locate and click on the Nominate tab, then select Start Nominating. Before proceeding, check the minimum stake required for rewards in the dashboard's upper right corner to be eligible to earn rewards.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/12/Untitled-9.png" class="kg-image" alt loading="lazy" width="2000" height="889" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Untitled-9.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Untitled-9.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Untitled-9.png 1600w, https://p2p.org/economy/content/images/2023/12/Untitled-9.png 2000w" sizes="(min-width: 720px) 720px"></figure>2. Choose how you'd like to receive staking rewards:<ul><li>Compound: Automatically send your rewards into staking.</li><li>To Your Account: Transfer rewards directly to your account.</li></ul>Choose your preference and click Continue.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/12/Untitled-10.png" class="kg-image" alt loading="lazy" width="2000" height="894" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Untitled-10.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Untitled-10.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Untitled-10.png 1600w, https://p2p.org/economy/content/images/size/w2400/2023/12/Untitled-10.png 2400w" sizes="(min-width: 720px) 720px"></figure>3. In the next step, select <a href="http://p2p.org/?ref=p2p.org" rel="noopener noreferrer">P2P.org</a> validators:<div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text"><a href="http://p2p.org/?ref=p2p.org" rel="noopener noreferrer">P2P.org</a> validators are: kGjHi4aF1zDb2JT48MvbnewABfaNALErUmE37MA4mz3TPNDow kGihcNQrRgRLYuQDRJz8wdWNAi2ZXY47ythXqNn7xZJWXFsHU kGj8KXh6hsXu9qVK5ZbPsuuzp9dhRoGph5TkgMr7RfMVY4GLM kGiaJX7Q9BqL1paxJQ46Xg6XzSHKKsYThafPM3NL1VvtjXymT</div></div><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/12/Untitled-11.png" class="kg-image" alt loading="lazy" width="2000" height="902" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Untitled-11.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Untitled-11.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Untitled-11.png 1600w, https://p2p.org/economy/content/images/size/w2400/2023/12/Untitled-11.png 2400w" sizes="(min-width: 720px) 720px"></figure>4. Finally, input the amount you wish to stake and confirm by clicking Start nominating.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/12/Untitled-12.png" class="kg-image" alt loading="lazy" width="2000" height="888" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Untitled-12.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Untitled-12.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Untitled-12.png 1600w, https://p2p.org/economy/content/images/2023/12/Untitled-12.png 2000w" sizes="(min-width: 720px) 720px"></figure>Staking will become active in the next 12-24 hours. You can monitor the status and effectiveness of your nominations from the same Nominate tab.<h2 id="staking-vara-via-nomination-pool">Staking Vara via nomination pool</h2>Vara offers a nomination pool system for smaller token holders, allowing you to earn rewards with a stake as small as 1 VARA.In this guide, we will follow you on the steps to stake your Vara tokens using the most user-friendly way via the staking dashboard at <a href="https://staking.vara-network.io/?ref=p2p.org">staking.vara-network.io</a>. There are alternative ways to stake via Polkadot js <a href="https://wiki.vara-network.io/docs/staking/nominate?ref=p2p.org#via-polkadotjs-app">portal</a> and wallets (for example, <a href="https://wiki.vara-network.io/docs/staking/nominate?ref=p2p.org#via-polkadotjs-app-using-subwallet-browser-as-an-example">SubWallet</a>).1. Click on Join on the Pools tab on the staking.vara-network.io dashboard.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/12/Untitled-13.png" class="kg-image" alt loading="lazy" width="2000" height="921" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Untitled-13.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Untitled-13.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Untitled-13.png 1600w, https://p2p.org/economy/content/images/2023/12/Untitled-13.png 2000w" sizes="(min-width: 720px) 720px"></figure>2. Choose an active pool from the list to ensure you're eligible for rewards.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/12/Untitled-14.png" class="kg-image" alt loading="lazy" width="2000" height="921" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Untitled-14.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Untitled-14.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Untitled-14.png 1600w, https://p2p.org/economy/content/images/2023/12/Untitled-14.png 2000w" sizes="(min-width: 720px) 720px"></figure>3. Enter the amount you wish to stake in the selected pool and confirm by clicking Submit.<div class="kg-card kg-callout-card kg-callout-card-red"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">Pool staking rewards are not claimed automatically. It would be best if you claimed them periodically.</div></div><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/12/Untitled-15.png" class="kg-image" alt loading="lazy" width="2000" height="921" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Untitled-15.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Untitled-15.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Untitled-15.png 1600w, https://p2p.org/economy/content/images/2023/12/Untitled-15.png 2000w" sizes="(min-width: 720px) 720px"></figure>Like direct staking, pool staking will be operational within 12-24 hours, and you can track the progress in the Pools tab.All credits for used materials belong to Vara Network; please refer to the official <a href="https://wiki.vara-network.io/docs/account/create-account?ref=p2p.org">guide</a> on how to create an account and <a href="https://wiki.vara-network.io/docs/staking/nominate?ref=p2p.org">guide</a> for staking for more detailed information.<h2 id="about-p2p-validator">About P2P Validator</h2><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider, securing over $2 billion by over 10,000 delegators/nominators across 25+ high-class networks.<hr>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> or contact Alex via <a href="mailto:[email protected]">[email protected]</a>. We are always open for communication.<hr>Web: <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a>Stake DOT with us: <a href="https://p2p.org/polkadot?ref=p2p.org">https://p2p.org/polkadot</a>Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Kamil Jakub Natil

from p2p validator

Mantle, Staking, LSP P2P.org and Mantle Forge Strategic Alliance to Introduce Enhanced ETH Staking Services

P2P.org has entered into a strategic alliance with Mantle, an emerging DAO-led ecosystem built around the Ethereum layer 2 Mantle Network, intending to broaden the availability of liquid staking solutions through the Mantle LSP liquid staking protocol.Our decision to join forces with Mantle stemmed from a proactive approach. We saw a unique opportunity with Mantle's roadmap to develop new liquid staking opportunities, and P2P.org wanted to offer its expertise to be part of this innovative venture. Mantle LSP requires a reliable staking provider that guarantees fast execution of setting-up and exiting validators.Mantle's approach resonated with us, particularly their need for a flexible, no third-party, direct integration flow. It was important for Mantle LSP not to use any third-party intelligent contracts, in essence, to act as a proxy for the request of new validators. This resulted in a more secure staking operation.This collaboration allows us to provide tailored solutions, meeting Mantle LSP's specific requirements while expanding our client base and exploring new staking dynamics similar to leading platforms like Lido. In essence, working with Mantle aligns perfectly with our mission to innovate and adapt in the evolving landscape of Ethereum staking.The collaboration between P2P.org and Mantle is aligned with their shared vision of promoting decentralized technologies and encouraging broader participation in the staking ecosystem. This alliance aims to democratize staking rewards and elevate the overall user experience by facilitating easy access to liquid staking opportunities.This strategic alliance underscores P2P.org's commitment to delivering innovative, user-centric solutions that foster the growth and adoption of decentralized technologies. Incorporating Mantle LSP's liquid staking capabilities further solidifies P2P.org's standing as a leading staking services provider.As the decentralized landscape continues to evolve, P2P.org and Mantle are dedicated to collaboratively developing innovative solutions that enhance user experiences and propel the advancement of staking technologies. This alliance signifies a significant stride in making stakes more accessible and enabling users to participate actively in the decentralized economy.An Insight Into Mantle: More Than Just a NetworkMantle is a beacon for decentralized and token-governed technologies, encompassing an array of products like Mantle Network, Mantle Governance (DAO), and Mantle Treasury. With its native token, $MNT, Mantle states its plan to unify its products and steer its governance, making it a central force within its ecosystem.Joining Hands for a Collaborative FutureOur collaboration with Mantle reflects P2P.org's commitment to a cooperative and collective future for decentralized finance. Throughout this journey, our dedication remains focused on ensuring that our users and the broader community can fully leverage the advantages of this collaborative partnership.Contact UsFor those interested in delving deeper into our joint initiatives with Mantle or gaining a better understanding of P2P.org's overarching vision, we encourage you to reach out and connect with us. Embracing the decentralized future, we, alongside partners such as Mantle, look forward to actively contributing to its development.To obtain further information about our collaboration or explore Mantle's innovative realm, please visit <a href="https://www.mantle.xyz/?ref=p2p.org">Mantle's official website</a> or engage with our dedicated team on our official <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram channel.</a>

Kamil Jakub Natil

from p2p validator

Solana Running Firedancer

The previous <a href="https://p2p.org/economy/how-firedancer-impacts-solana-ecosystem/">article</a> discussed why PoS networks strive for multiple validation clients and how Firedancer helps secure Solana. Below, we will share our experience of running Firedancer in Testnet. We will run through the official documentation for building Firedancer, monitoring options, compatibility with our current infrastructure, and check the client's stability.<h2 id="what-is-frankendancer">What is Frankendancer?</h2>During the Solana Breakpoint 2023 event, it was announced that “Frankendancer” (Firedancer with runtime and consensus modules borrowed from Solana labs client) successfully acts as a validator node in the Solana Testnet. We were excited about this announcement and the rest of the community. The Firedancer team provides great build & run documentation, which can be found <a href="https://firedancer-io.github.io/firedancer/guide/getting-started.html?ref=p2p.org">here</a>. The documentation is decent, so we don’t think it is necessary to repeat it here. You must update your Linux kernel to >5.7 to successfully build Firedancer (it should not be a problem even on Ubuntu 20 since its mainline repo contains this kernel). We successfully built Firedancer on top of our test server with Ubuntu 20.04. <h2 id="configuration">Configuration</h2>In contrast to the Solana Labs client, Firedancer uses a toml configuration format—some configuration directives bypass Solana Lab components so that you can use this feature in your favor. For example, you can bypass only the public key of your vote key with a directive <code>vote_account_path</code> and keep your vote key out of a server with a validator in a safe place. The key configuration section may look like this:<pre><code>[consensus] identity_path = "~/identity-keypair.json" vote_account_path = "DGjZLMwYmQU7vCPqyTxdnyKwaf1uu8eMdLeSmzqv2SZj" </code></pre> If you have experience running the Solana Labs client, the basic config for Firedancer will not raise many questions for you except for section layout. Let’s revise the “must-have” minimum options of this section:<code>affinity</code> - number or range of logical CPUs available for Firedancer. According to documentation, it is advised to allocate some cores for Solana Labs client and the rest for Firedancer. We had 32 cores on the server, enough to provide up to 9 cores to make Firedancer work (affinity = “0-27”). We also tried to play with <code>affinity</code> directive and found that Firedancer starts successfully with 12 cores at least.<code>net_tile_count</code> refers to the number of network queues on your network card. You need to adjust this directive precisely to the amount of network queues exposed by the network driver to OS. If <code>net_tile_count</code> exceeds the number of network queues, you will lose some cores for nothing. If <code>net_tile_count</code> is lower than the number of network queues, Firedancer starts losing traffic (higher skip rate, lower vote success, etc.).<code>verify_tile_count</code> - in the official documentation, it is said that this directive controls how many tiles are dedicated to transaction signature verification. In our case, the command <code>/opt/fdctl configure init all --config /home/firedancer/config.toml</code> crashed if <code>verify_tile_count</code> was not equal to <code>net_tile_count</code>, and as a consequence, Firedancer could not be started.To figure out the number of network queues, you will first need to get the name of your network interface by using the commands <code>ip address</code> or <code>ifconfig</code>. After that, you can use the utility <code>ethtool</code> to retrieve the number of network queues:<pre><code># ethtool -l {network_interface_name} | grep -A4 "Current hardware settings" Current hardware settings: RX: 0 TX: 0 Other: 0 Combined: 2 </code></pre> If you didn’t apply special tuning to your network stack you likely see a count of network queues in row Combined. <h2 id="startup-unit">Startup unit</h2>If you plan to run Firedancer for an extended period, you will probably need configuration for the process manager. You are likely using Systemd, so we are happy to share our Systemd unit for Firedancer, which we used for running our instance of Firedancer in Testnet:<pre><code>[Unit] Description=Firedancer Validator Service After=network.target [Service] ExecStartPre=/opt/fdctl configure init all --config /home/firedancer/config.toml ExecStart=/opt/fdctl run --config /home/firedancer/config.toml ExecStop=/opt/fdctl stop Restart=on-failure LimitNOFILE=100000 LimitNPROC=100000 LimitCORE=infinity [Install] WantedBy=multi-user.target </code></pre> It is a very basic Systemd unit without hardening, so it is not production-ready and works for testing only. If you plan to use this Systemd unit, you need to adjust paths of config and fdctl in your environment. It is worth mentioning that Firedancer requires root rights for starting, so it makes no sense to run this unit under a non-root user. After starting the application and configuring the necessary system parameters, Firedancer will downgrade its privileges to the user specified in the configuration file. Note that the <code>configure</code> command must be executed before each Firedancer startup and after each system restart.<h2 id="monitoring">Monitoring</h2>Next, we would like to discuss monitoring-related questions. Solana Labs provides CLI utilities for monitoring validators, but there is no built-in Prometheus target (Prometheus is the de facto standard nowadays). We developed an in-house Prometheus exporter to monitor our Solana nodes (both validators and RPC), and we were thrilled to see that our prom exporter could fetch all metrics from Firedancer RPC with no issues and no changes required (you can find our Grafana dashboard with metrics fetched from Firedancer on Picture 1). Presumably, it happened because of the implementation of the REST-API interface located in one of Solana Labs' modules integrated into Firedancer. Firedancer is not equipped with tools for monitoring the node's performance in the cluster. However, it was announced that some monitoring tools will be added in the future. Before that, you can use Solana CLI tools to monitor Firedancer (<code>solana-validator --ledger={ledger_path} monitor</code> or <code>solana catchup --our-localhost --follow</code>); we checked it works smoothly.<figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/XmSQkFhG28aB9ttyhH7mf1L1Zjvsgl31N7kygVfA5Q0EUp7rGhIlMOjvjBmaKTITc8fCaLGE-PHnHpuXfYjQP4w-dhbNpEdxOtJOX2UW4uziiOCJeDqPZzpeu_KrmYeo68BHmsIkWPuqV-DN5raMWA4" class="kg-image" alt loading="lazy" width="602" height="717"></figure><h2 id="results">Results</h2>We ran the Firedancer client (version 1.17.1004) on our Testnet validator for 4 days, and no accidental crashes were observed. It would be great to run some performance tests (Solana Labs client vs Firedancer). Still, it doesn't make much sense because Firedancer performance will be bottlenecked on the runtime/consensus stage. Solana Validator has an “on-the-fly” key change capability, which we often use in our work. We asked the Firedancer developers about this feature, and they said it's not in the plans right now. Still, they have a long-term idea to make restarts as fast as possible so you can restart with the new identity key rather than trying to support dynamic configuration.We are delighted to confirm that Frankendancer can act as a Solana validator at this stage! It feels like Jump Trading invested a lot of work and passion in creating Firedancer, and we in P2P appreciated it so much. P2P validator has been validator in Solana almost from the start of mainnet, and the upcoming Firedancer release in mainnet feels like one of the most significant events in Solana's ecosystem. It is a big step forward for the whole Solana community, and we look forward to testing out genuine Firedancer (with no Solana Labs client as a dependency) later next year.Authors: Anton Yakovlev Lead SRE @ P2P validator Solana team Ilya Shatalov DevOps Engineer @ P2P validator Solana team

Kamil Jakub Natil

from p2p validator

Blog

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