Kamil Jakub Natil

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

Ethereum, Staking Announcing a Milestone Partnership: P2P.org Teams up with Matrixport to Offer Staking Infrastructure

We are excited to unveil an exciting new partnership between P2P.org and Matrixport, strategically designed to supercharge the growth of staking opportunities for institutional investors to engage in ETH staking. This collaboration seamlessly aligns with P2P.org's core mission of delivering secure and user-centric staking solutions. Moreover, it underscores our unwavering commitment to accelerating institutional adoption.<h3 id="whos-matrixport">Who's Matrixport?</h3>Matrixport is one of Asia's fastest-growing digital asset platforms that offers a comprehensive suite of crypto investment products and financial services. Its service includes tokenized real-world assets, prime brokerage, custody, spot OTC, fixed income, investment products, lending, and asset management. P2P.org’s infrastructure and platform now power Matrixport’s groundbreaking and hassle-free staking product. Clients' deposited ETH will be 100% staked through P2P.org. Our mutual aspiration is to actively propel the adoption of institutional staking and move the ecosystem forward, ensuring its continuous growth and evolution. The shared vision revolves around simplifying user access to diverse financial products via decentralized technology. <h3 id="enhanced-staking-and-security-with-p2porg">Enhanced Staking and Security with P2P.org</h3>Your security is our top priority. At P2P.org, we take a dual-layered approach to protect a client's digital assets. We also have stringent security measures, such as cutting-edge encryption protocols and multi-signature wallets.Our commitment to protecting your stake, even in worst-case scenarios, sets us apart. Our fail-safe mechanisms, like smart contracts, ensure you can permanently unlock and access your assets.Together with Matrixport, we are committed to delivering a seamless, secure, and efficient path for institutional Ethereum staking opportunities.<h3 id="contact-us">Contact us</h3>For in-depth insights into staking with Matrixport and leveraging P2P.org's robust security features, contact <a href="https://www.matrixport.com/institutions/get-in-touch?ref=p2p.org">Matrixport</a> or connect with our customer service teams on Telegram at <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>.

Kamil Jakub Natil

from p2p validator

Introducing DVT Staking API: Streamlining Institutional Staking on P2P.org

<h3 id="intro">Intro</h3>We’re thrilled to announce our collaboration with SSV Network, marking the inception of our DVT Staking API, the first of its kind in the industry. This initiative seeks to amplify our institutional staking offering further, ensuring seamless integration for custodians, wallets, and cryptocurrency exchanges.<div class="kg-card kg-button-card kg-align-center"><a href="https://bit.ly/3SQpuC4?ref=p2p.org" class="kg-btn kg-btn-accent">Book a demo now!</a></div> Since 2018, our mission has been to create a secure and efficient platform to onboard institutions for non-custodial staking solutions, particularly within the Ethereum ecosystem. Fast forward to 2023, our operations now extend over 50 networks, managing staked assets close to $2B with over 60,000 delegators. The unveiling of the DVT Staking API is another significant milestone in our ongoing journey, embodying our commitment to foster non-custodial staking at the institutional level.<h3 id="whats-dvt">What's DVT?</h3>Distributed Validator Technologies (DVT) is pivotal in mitigating staking risks, offering a robust framework for managing digital assets and staking strategies. The resonance of DVT among institutions is profound, given its prowess in addressing key concerns such as counterparty and slashing risks, which are crucial in ETH Staking.<figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://p2p.org/economy/content/images/2023/11/pic-what-is-dvt.png" class="kg-image" alt loading="lazy" width="600" height="496" srcset="https://p2p.org/economy/content/images/2023/11/pic-what-is-dvt.png 600w"><figcaption>DVT, or Distributed Validator Technology by SSV.network explained</figcaption></figure>For an in-depth understanding and integration guide, we direct you to our staking API <a href="https://docs.p2p.org/?ref=p2p.org">developer guides</a>. The DVT Staking API is engineered for simplicity, offering a streamlined workflow to accommodate the diverse needs of custodians, wallets, and neo-banks. Our API acts as a bridge, simplifying the navigation of DVT staking and ensuring a seamless transition into decentralized staking. Our mission is to facilitate integration and offer cost-saving benefits to users who integrate with us.<h3 id="the-integration">The Integration</h3>The integration of DVT with our platform paves the way for a new era of Ethereum staking. Our platform provides a unique opportunity to stake directly with multiple institutional node operators, such as Allnodes, Stakely, and HTX, offering their own nodes operating on DVT. This initiative enables institutions to harness the full potential of decentralized staking through various experienced operators, each bringing a wealth of experience working with institutional entities, high-performance nodes, and best-in-class security practices to ensure node liveness. Our coordinated effort ensures a geographically distributed node operation with one node in the US, two in the EU, and one in APAC, significantly mitigating the risks associated with downtime due to country-specific incidents. Moreover, by supporting a broad spectrum of execution and consensus clients, we foster Ethereum client diversity, further eliminating reliance on the point of failure. This well-rounded approach significantly elevates the robustness and reliability of the P2Porg staking platform. It underscores our position as a leader in advancing the staking paradigm alongside industry leaders who share our vision.Allnodes Founder & CEO Konstantin Boyko-Romanovsky told P2P.org, "Allnodes is dedicated to advancing the staking ecosystem, and our partnership with P2P.org through their DVT Staking API aligns with our commitment. We believe DVT represents a significant step forward in mitigating inherent staking risks like slashing and counterparty exposure - paramount concerns for ETH staking. The DVT framework complements our mission to deliver secure and efficient staking to institutions. By collaborating with P2P.org, we can integrate their healthy platform and progressive technology to benefit clients through a decentralized, resilient staking infrastructure. Our partnership is about more than enhancing our services; it's about shaping the future of institutional staking and contributing to a more secure, decentralized blockchain ecosystem."Stakely Co-founder Ignacio Iglesias said, "Stakely's collaboration with P2P.org, employing Distributed Validator Technology (DVT) in the Ethereum staking ecosystem, marks a pivotal advancement towards a more secure and decentralized staking infrastructure, specially tailored for institutional clients. DVT aligns with our commitment to providing robust, non-custodial staking services for institutions by mitigating risks such as slashing and single-point failures through distributed key management. This approach ensures security and reliability and fosters decentralization by utilizing diverse Ethereum clients and operating across various geographical regions, further strengthening the resilience and integrity of the Ethereum network."The Head of HTX Web3 Technology, Token Xi, stated: "HTX staking is committed to advancing the overall ETH stake ecosystem towards greater security and decentralization. Our collaboration with P2P.org in developing DVT StakeAPI aligns with our expectations for the positive growth of the entire industry ecosystem. As a deep partner of the official SSV, HTX has long supported the development of SSV, from testnet to mainnet, as a core validator node operator. Through the SSV network, we have reduced the risk of single points of failure, thereby better securing our users' assets. Additionally, the decentralized nature of SSV allows our users to enjoy the safety benefits of decentralization while promoting the decentralization of the entire ETH ecosystem."Our collaboration with the ssv network has been long-running; as one of their Mainnet Verified Operators, we've been working closely with the ssv network to redefine Ethereum staking with the integration of DVT into the P2P.org platform via our new Staking API thanks to a grant awarded to us. The ssv network grant has been instrumental in developing and launching the DVT Staking API to advance institutional staking solutions at P2P.org. This integration propels our value proposition to institutional investors, framing us as the go-to platform for a diverse suite of staking services. You can learn more about our work as a Mainnet Verified Operator with an ssv network <a href="https://p2p.org/economy/p2p-org-joins-ssv-network-as-mainnet-verified-operator-enhancing-ethereum-staking-with-dvt/">here</a>! The ease of integration and cost-efficiency is at the core of our DVT Staking API. It is not merely about staking; it's about creating an ecosystem that is accessible, secure, and beneficial to all stakeholders involved. Our API is designed to save substantial time and resources, accelerate your product offerings, and propel your business toward its staking goals. Our customer-centric dashboard allows you to effortlessly retrieve all the necessary information, consolidated within a user-friendly interface and real-time reporting.<h3 id="contact-us-and-use-it">Contact us and Use It!</h3>If you'd like to discover more about the ease of integration for our DVT Staking API, you can find more in our documentation portal, <a href="https://docs.p2p.org/docs/ssv-overview?ref=p2p.org">here!</a>You can also contact a team member via our official Telegram account or book a demo and learn more about the DVT Staking API <a href="https://p2p.org/products/dvt?ref=p2p.org">here</a>!<figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/FyQCPepMu-ZbuWid1vdUZAGq_-WgY6NBap5FsoZDT22Dgw7Ry5XUETHdm_KAVIDqvVFPCZgf8WEHf_11jGQlF1qDxrI_7JLUVRIe2SFZobJcgEOwJJN9NMqOCqgnZOlHNGOkkXTUH4tQRB5UrctHzzo" class="kg-image" alt loading="lazy" width="602" height="385"></figure>The DVT Staking API is a testament to our relentless pursuit of innovation, redefining the contours of institutional staking. We welcome all institutions and businesses to leverage this novel Staking API to meet the demands of your current staking strategy and be well-prepared for tomorrow's decentralized landscape.For further inquiries and discussions, feel free to reach out to us. Our team at P2P.org is here to assist you in every step of your staking journey. Official P2P.org Telegram Channel: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>

Kamil Jakub Natil

from p2p validator

Solana How Solana Firedancer Can Boost Network Security

Firedancer's testnet launch was announced at Solana's Breakpoint conference, marking a significant milestone in Solana's journey toward global adoption. Let's explore its purpose and understand why it is essential to transition towards multiple validation clients, thereby enhancing network security and stability.<h2 id="benefits-of-multiple-validation-clients">Benefits of Multiple Validation Clients</h2>Generally, any PoS network would like to have more than one client, and clients must be developed by independent teams using different programming stacks because of security and stability matters. The Proof of Stake (PoS) network will benefit from two separate validation clients. Still, the benefits will increase with more clients and more evenly distributed stake among them.You may wonder what number of validation clients are counted as decent for the PoS network, and this is an excellent question. We believe resilience and reliability are the most important things for the Solana ecosystem. From that perspective, the Solana cluster must "survive" the outage of one validation client, which means there should not be more than 33.3% of stake on each validation client because if there is more stake, it will cause a halt of the cluster because of BFT consensus. Thus, the mandatory condition to sustain the outage of one validation client is to have four clients in the cluster with ~25% of a stake each (again, it should not be more than 33.3%). To secure the network, the cluster must have a fairly distributed stake across all available validation clients. It looks like a challenge to achieve this for different reasons.<h2 id="solana-validation-client-diversity">Solana Validation Client Diversity</h2>Currently, the Solana ecosystem offers 2 production-ready clients:1. Solana labs client (<a href="https://github.com/solana-labs/client?ref=p2p.org">https://github.com/solana-labs/client</a> )2. Jito Labs MEV-enabled client (<a href="https://github.com/jito-labs/client?ref=p2p.org">https://github.com/jito-labs/client</a>)<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/firedancer-2-A.jpg" class="kg-image" alt loading="lazy" width="2000" height="1125" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/firedancer-2-A.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/firedancer-2-A.jpg 1000w, https://p2p.org/economy/content/images/size/w1600/2023/11/firedancer-2-A.jpg 1600w, https://p2p.org/economy/content/images/size/w2400/2023/11/firedancer-2-A.jpg 2400w" sizes="(min-width: 720px) 720px"></figure>Although Jito Labs is an independent team, technically, the Solana client built by Jito represents a set of patches applied on top of the vanilla Solana Labs client. Currently, <a href="https://reports.p2p.org/superset/dashboard/jito_client_adoption/?native_filters_key=AcrJWCtZSXOF6QXvAhpOh5FKzgWiav7bjqfwzV8ipRkPiiXMKTAQ58DAKmfRKb7h&ref=p2p.org">42.5% of the stake is working on the Jito client</a>, which already includes two clients and two teams, which undoubtedly increases efficiency. However, both clients will be affected by almost the same set of bugs, including security vulnerabilities of the Rust compiler and Rust dependencies used for building the executable binaries. This situation is undesirable for the Solana ecosystem, which is heading to get its place as a PoS network ready to run world-level enterprise applications!<h2 id="introduction-of-firedancer">Introduction of Firedancer</h2>A new client for Solana called Firedancer was announced in 2022 and made a splash in Breakpoint 2022 when Firedancer engineering team lead Kevin Bowers from Jump Trading presented Firedancer, working progress, and exciting insights regarding performance optimizations applied in Firedancer. Let’s quickly review the high-level attributes of Firedancer:- Written in C language- Client development funded and guided by an independent company (Jump Trading/Jump Crypto)It must be mentioned that Firedancer is designed to be highly efficient in utilizing hardware at 100% and, as a result, to bump TPS up to 1M (which is frankly insane).Considering everything we discussed above, it is fair to say that Firedancer will be the first genuine new client developed from scratch by an independent team. Once it’s released, it secures the network significantly. For example, suppose there is a bug discovered, a security vulnerability, or performance degradation related to the Solana labs client; the validators can agree to move temporarily to the Firedancer client to give time to Solana labs to troubleshoot the problem and provide enough time to make a well-tested patch. Having several validation clients gives more opportunities to provide decent service for end users, so we strive to see Firedancer adoption in the Solana cluster. *Authors: Anton Yakovlev Lead SRE @ P2P Solana team*

Kamil Jakub Natil

from p2p validator

P2P.org Welcomes OKX Wallet Web Extension Integration for Simplified Staking

P2P.org is pleased to announce our new partnership with the OKX Wallet Web Extension, marking a significant milestone in making non-custodial staking more accessible and user-friendly to everyone. This integration with OKX, a leading cryptocurrency wallet owned and operated by OKX Exchange, enables users to connect with P2P.org's non-custodial staking and network validation services with unparalleled ease and security. Experience the Synergy of P2P.org and OKX Wallet in Just a Few Clicks Leveraging the seamless interface of the OKX Wallet Web Extension, users can now engage with P2P.org's platform in mere minutes: 1. Download and Set Up: Initiate by downloading the OKX Wallet extension for Chrome or Firefox and securely create or import your wallet. * Chrome web store download address: <a href="https://chrome.google.com/webstore/detail/okx-wallet/mcohilncbfahbmgdjkbpemcciiolgcge?ref=p2p.org">https://chrome.google.com/webstore/detail/okx-wallet/mcohilncbfahbmgdjkbpemcciiolgcge</a> * Firefox browser add-ons download address: <a href="https://addons.mozilla.org/en-US/firefox/addon/okexwallet/?ref=p2p.org">https://addons.mozilla.org/en-US/firefox/addon/okexwallet/</a> 2. Fund Your Wallet: Easily add funds through a direct transfer, QR code scan, or from OKX to the OKX Wallet Web Extension. 3. Connect and Go: Finally, connect your OKX Wallet to P2P.org's official web app to access our platform's features securely.<figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/ssTIwkm6VdlhmJnHS6R1jR0pIpTmWnkd0eNIOj8th-pO-ddfiInUKCK6SnUeAghOlYHTI2TrSaplRACdtSAlRIgmf7g-EJfeelMxNRcgraQWNUGOefVCMj2cE5KCLziwlo9q668mQGLlTVIsGA7VNhU" class="kg-image" alt loading="lazy" width="602" height="411"></figure>Unified Vision for a Decentralized Future Through this partnership, we're not just offering a tool but bridging the legacy of P2P.org's robust staking infrastructure with OKX's innovation in simplifying cryptocurrency adoption. Our unified aim is to deliver a superior, multi-chain experience that upholds privacy, security, and user sovereignty. Your Safety, Our Priority We at P2P.org, in alignment with OKX's commitment to security, remind users to safeguard their seed phrases and passwords. Our integration with OKX Wallet ensures you have a trusted companion for your staking strategy. As P2P.org and OKX Wallet redefine the approach to Web3 services, we invite you to be part of this transformative journey. For a full breakdown of how to set up and manage your OKX Wallet Web Extension, please visit OKX Official Medium Post: <a href="https://medium.com/@okxweb3/access-p2p-org-using-the-okx-wallet-web-extension-3082367ac49b?ref=p2p.org">https://medium.com/@okxweb3/access-p2p-org-using-the-okx-wallet-web-extension-3082367ac49b</a> Contact our 24/7 customer service on Telegram for support or inquiries. <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>. To speak with OKX Wallet customer support, please visit: DiscordEnglish: <a href="https://discord.gg/e6EyvM5QwM?ref=p2p.org">https://discord.gg/e6EyvM5QwM</a> Chinese: <a href="https://discord.com/invite/hkCGKbbbqf?ref=p2p.org">https://discord.com/invite/hkCGKbbbqf</a> Email [email protected]

Kamil Jakub Natil

from p2p validator

Polkadot P2P.org Launches Nomination Pool on Polkadot

<a href="http://p2p.org/?ref=p2p.org">P2P.org</a> is pleased to announce the introduction of its Nomination Pool on the Polkadot network. Polkadot has established itself as a leader in the blockchain industry since 2020, known for its security, decentralization, and energy efficiency. Staking on Polkadot has been challenging, particularly for users without a technical background. Our new nomination pool addresses these issues.<h3 id="introducing-nomination-pools-staking-made-simple-and-accessible">Introducing Nomination Pools: Staking Made Simple and Accessible!</h3>Traditionally, staking required substantial DOT holdings and a detailed understanding of validators, making it complex and often inaccessible. Introducing nomination pools is a significant step in Polkadot's development, simplifying the staking process.Pool name: <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a> nomination pool: 4.5% fee (creator account: 13YA8vMJxR8BjQgRFLMBz7MtL173HUGyU4wjUXK84LJXcDRP and stash account 13UVJyLnbVp8c4FQeiGQNRTXs4HEwemqcVLmuJwTuP2Uekwo)<h3 id="why-choose-p2porgs-nomination-pool">Why Choose P2P.org's Nomination Pool?</h3><ul><li>Low Entry Barrier: Start staking with a minimum of 1 DOT.</li><li>Effortless Participation: We handle nomination complexities on your behalf.</li><li>Proportional Rewards: Receive rewards in proportion to your stake, similar to direct nominations.</li><li>Secure Pool Management: Our managed pool ensures balanced economic incentives and network security.</li><li>Transparency: Regular updates and clear visibility on operations and rewards.</li><li>Continuous Support: Our dedicated support team is available 24/7 for any inquiries.</li><li>Competitive Fee: Our 4.5% staking fee on <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> validators includes no additional charges.</li></ul><h2 id="how-to-join">How to Join:</h2>Joining the <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> nomination pool is straightforward. Please follow our <a href="https://p2p.org/economy/how-to-join-polkadot-nomination-pool/">instructions</a>.<h2 id="key-differences-nomination-pools-vs-direct-nomination">Key Differences: Nomination Pools vs. Direct Nomination</h2>  <table> <thead> <tr> <th>Criteria</th> <th>Direct Nomination</th> <th>Joining a Pool</th> </tr> </thead> <tbody> <tr> <td>Minimum Stake</td> <td>Minimum 250 DOT</td> <td>Minimum 1 DOT</td> </tr> <tr> <td>Rewards Management</td> <td>Automatically compounded or sent to any account</td> <td>Rewards can be manually claimed to the pool member's account and be bonded again</td> </tr> <tr> <td>Slashing Risk</td> <td>All active nominators are subjected to slashing</td> <td>All pool members are subjected to slashing</td> </tr> <tr> <td>Bond and Stake Duration</td> <td>Can bond and stake DOT indefinitely</td> <td>Can bond and stake DOT until the pool exists</td> </tr> <tr> <td>Unbonding Period</td> <td>28 days, can switch validators without unbonding</td> <td>28 days, need to unbond before switching to a different pool</td> </tr> <tr> <td>Governance Participation</td> <td>Possible with staked tokens</td> <td>Not possible with staked tokens</td> </tr> <tr> <td>Reward Claiming</td> <td>Rewards payout can be triggered permissionlessly by anyone</td> <td>The pool member must claim the rewards</td> </tr> <tr> <td>Fund Management</td> <td>Bonded funds remain in your account</td> <td>Bonded funds are transferred to a pool account administered by the network protocol</td> </tr> <tr> <td>Validator Management</td> <td>Nominator manages the list of staked validators (up to 16)</td> <td>Nominations managed by the pool operator</td> </tr> </tbody> </table>  <h2 id="join-us-today">Join Us Today!</h2>Secure your DOTs with <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> and be part of the evolving world of Polkadot staking. Join us in securing the network and shaping the future of decentralized finance.<h3 id="ledger-guides">Ledger guides</h3><ol><li><a href="https://support.ledger.com/hc/en-us/articles/360018131260?docs=true&ref=p2p.org">Ledger’s guide on staking Polkadot (DOT) thought Ledger Live</a></li><li><a href="https://support.ledger.com/hc/en-us/articles/7402653416477-How-to-use-the-Polkadot-Staking-Dashboard?docs=true&ref=p2p.org">Ledger’s guide on using Polkadot Staking dashboard</a></li><li><a href="https://support.ledger.com/hc/en-us/articles/4403056215825-Set-up-and-use-polkadot-js-to-access-your-Ledger-Polkadot-DOT-accounts?docs=true&ref=p2p.org">Ledger’s guide on set up and use polkadot js to access your ledger Polkadot (DOT) accounts</a> and <a href="https://support.ledger.com/hc/en-us/articles/4416512532625-Set-up-and-use-polkadot-js-to-access-your-Ledger-Kusama-KSM-account?docs=true&ref=p2p.org">guide Kusama (KSM) accounts</a></li><li><a href="https://support.ledger.com/hc/en-us/articles/7533743296797-How-to-join-a-Polkadot-nomination-pool?docs=true&ref=p2p.org">Ledger’s guide on how to join a polkadot nomination pool</a></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 in 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>

Kamil Jakub Natil

from p2p validator

Polkadot How do you join the Polkadot nomination pool?

This guide will follow through the process of joining the <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a> nomination pool. <h2 id="joining-a-nomination-pool">Joining a Nomination Pool</h2>Bonding Requirements: Note that pooling your DOTs requires bonding them, and once pooled, it takes 28 days to withdraw them.<ol><li>Visit the <a href="https://staking.polkadot.network/?ref=p2p.org">Polkadot Staking Dashboard</a> and locate the Pools tab.</li></ol>Link your Polkadot account to the Polkadot Staking Dashboard. This is the official portal for managing your staking. You can attach any Polkadot-supported account like SubWallet, Talisman, the Polkadot.js browser extension, and many others. It's also possible to attach your Ledger device or Polkadot Vault.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-27-20at-2015.52.39-1.png" class="kg-image" alt loading="lazy" width="2000" height="783" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-27-20at-2015.52.39-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-27-20at-2015.52.39-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/05/Screenshot-202024-05-27-20at-2015.52.39-1.png 1600w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-27-20at-2015.52.39-1.png 2000w" sizes="(min-width: 720px) 720px"></figure><ol start="2"><li>Navigate to the "All Pools" tab: enter the name of <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> Pool: <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> Slashing Protected Pool and tap "More."</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-27-20at-2015.58.00-1.png" class="kg-image" alt loading="lazy" width="2000" height="640" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-27-20at-2015.58.00-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-27-20at-2015.58.00-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/05/Screenshot-202024-05-27-20at-2015.58.00-1.png 1600w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-27-20at-2015.58.00-1.png 2000w" sizes="(min-width: 720px) 720px"></figure><div class="kg-card kg-callout-card kg-callout-card-grey"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text"> Note that the bonded funds are transferred to a pool account administered by the network protocol and are not accessible to anyone else. See <a href="https://wiki.polkadot.network/docs/learn-account-advanced?ref=p2p.org#system-accounts">System Accounts</a> for more information.</div></div><ol start="3"><li>In the opened window, you will see the details of the P2P.org Nomination Pool. Check that the ID of the pool is correct (#238). Input the desired amount of bond to stake (1 DOT in the example - as 1 DOT is the minimum amount to stake), and choose one of the reward-claiming options. Finally, click Join Pool.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2012.30.24-1.png" class="kg-image" alt loading="lazy" width="2000" height="1169" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-28-20at-2012.30.24-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-28-20at-2012.30.24-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/05/Screenshot-202024-05-28-20at-2012.30.24-1.png 1600w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2012.30.24-1.png 2000w" sizes="(min-width: 720px) 720px"></figure><div class="kg-card kg-callout-card kg-callout-card-grey"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">There is no automatic rewards-claiming feature. It would help if you claimed rewards manually. P2P.ORG is working on automating reward claims under certain conditions. The available options are: Allow Withdraw: Anyone can claim the rewards on your behalf as a transferable balance in your account. Allow Compound: It grants permission to anybody to claim and compound your rewards. Pemissioned: Only you can claim rewards.</div></div><ol start="4"><li>Sign the Transaction using your wallet.</li><li>Your dashboard will show the information about the nomination pool.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2012.39.30-1.png" class="kg-image" alt loading="lazy" width="2000" height="898" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-28-20at-2012.39.30-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-28-20at-2012.39.30-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/05/Screenshot-202024-05-28-20at-2012.39.30-1.png 1600w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2012.39.30-1.png 2000w" sizes="(min-width: 720px) 720px"></figure><h2 id="leaving-a-nomination-pool"> Leaving a Nomination Pool</h2><ol><li>Navigate to your Pool: Click' Manage' in the 'Pools' section.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-1.png" class="kg-image" alt loading="lazy" width="2000" height="898" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-1.png 1600w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-1.png 2000w" sizes="(min-width: 720px) 720px"></figure><ol start="2"><li>Select ‘Leave Pool’, review the unbonding amount, then click 'Submit'. Your funds will be available after 28 days in Polkadot. </li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2013.38.26-2.png" class="kg-image" alt loading="lazy" width="1190" height="508" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-28-20at-2013.38.26-2.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-28-20at-2013.38.26-2.png 1000w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2013.38.26-2.png 1190w" sizes="(min-width: 720px) 720px"></figure><ol start="3"><li>Sign the Transaction using your wallet.</li></ol><h2 id="how-to-manually-claim-your-pool-rewards"> How to Manually Claim Your Pool Rewards</h2><a href="http://p2p.org/?ref=p2p.org">P2P.org</a> claims daily all validators’ rewards. However, in nomination pools, rewards must be manually claimed by the pool member and then can be bonded back into the pool for compounding or used as a free balance.<ol><li>To claim the pool’s rewards, go to the Pools tab on the Polkadot staking dashboard and check your unclaimed rewards.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-202-1.png" class="kg-image" alt loading="lazy" width="2000" height="898" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-202-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-202-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-202-1.png 1600w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-202-1.png 2000w" sizes="(min-width: 720px) 720px"></figure><ol start="2"><li>Choose Reward Action:</li></ol><ul><li>Click "Withdraw" to add staking rewards to your transferable balance.</li></ul><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2013.40.54-1.png" class="kg-image" alt loading="lazy" width="1194" height="414" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-28-20at-2013.40.54-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-28-20at-2013.40.54-1.png 1000w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2013.40.54-1.png 1194w" sizes="(min-width: 720px) 720px"></figure><ul><li>Click "Compound" to return your rewards to the pool, increasing your stake.</li></ul><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2013.40.49-1.png" class="kg-image" alt loading="lazy" width="1180" height="442" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-28-20at-2013.40.49-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-28-20at-2013.40.49-1.png 1000w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2013.40.49-1.png 1180w" sizes="(min-width: 720px) 720px"></figure><ol start="3"><li>Click "Submit" and sign the transaction to claim your rewards.</li></ol>For more detailed information, refer to the community guide on how to join the nomination pool and how to claim rewards.If you are using Ledger, please refer to the ledger’s <a href="https://support.ledger.com/hc/en-us/articles/7533743296797-How-to-join-a-Polkadot-nomination-pool?docs=true&ref=p2p.org">instruction</a>s on how to join the nomination pool from the ledger.<h3 id="ledger-guides">Ledger guides</h3><ol><li><a href="https://support.ledger.com/hc/en-us/articles/360018131260?docs=true&ref=p2p.org" rel="noopener noreferrer">Ledger’s guide on staking Polkadot (DOT) thought Ledger Live</a></li><li><a href="https://support.ledger.com/hc/en-us/articles/7402653416477-How-to-use-the-Polkadot-Staking-Dashboard?docs=true&ref=p2p.org" rel="noopener noreferrer">Ledger’s guide on using Polkadot Staking dashboard</a></li><li><a href="https://support.ledger.com/hc/en-us/articles/4403056215825-Set-up-and-use-polkadot-js-to-access-your-Ledger-Polkadot-DOT-accounts?docs=true&ref=p2p.org" rel="noopener noreferrer">Ledger’s guide on set up and use polkadot js to access your ledger Polkadot (DOT) accounts</a> and <a href="https://support.ledger.com/hc/en-us/articles/4416512532625-Set-up-and-use-polkadot-js-to-access-your-Ledger-Kusama-KSM-account?docs=true&ref=p2p.org" rel="noopener noreferrer">guide Kusama (KSM) accounts</a></li><li><a href="https://support.ledger.com/hc/en-us/articles/7533743296797-How-to-join-a-Polkadot-nomination-pool?docs=true&ref=p2p.org" rel="noopener noreferrer">Ledger’s guide on how to join a polkadot nomination pool</a></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 $7.6 billion by over 10,000 delegators/nominators across 25+ high-class networks. We have been presented in all Polkadot testnets and have actively participated in the Kusama network since the beginning. P2P Validator invested its own funds in Polkadot in 2017 and intends to support the network in the long term.<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

Polygon, Matic P2P.org's Polygon Staking Guide

<h3 id="why-should-i-stake-polygon-now"> Why should I stake Polygon now?</h3>Polygon ecosystem is known for the best Business Development team in web3. They have onboarded all major real-world companies into the crypto industry, including <a href="https://www.coindesk.com/business/2022/07/13/polygon-joins-disneys-accelerator-program-to-develop-ar-nft-and-ai-experiences/?ref=p2p.org">Disney</a>, <a href="https://polygon.technology/blog/google-cloud-and-polygon-labs-join-forces-to-provide-developer-tools-and-enterprise-infrastructure-to-accelerate-growth-across-polygon-protocols?ref=p2p.org">Google</a>, <a href="https://polygon.technology/blog/starbucks-r-odyssey-beta-is-now-live-on-polygon?ref=p2p.org">Starbucks</a>, and others.They are also expanding their system beyond the initial Proof-of-Stake sidechain, and now they offer a variety of solutions, including ZK EVM chain, Polygon ID for proof of personhood, all awaited launch of Polygon Miden - high-performance private ZK L2 on Ethereum and many other initiatives.They have recently presented the <a href="https://polygon.technology/papers/pol-whitepaper?ref=p2p.org">Polygon 2.0 whitepaper</a>, where they bring the next evolutionary change to the essence of what a staking token is.<a href="http://p2p.org/?ref=p2p.org">P2P.org</a> could not stand aside, so we are launching our own Polygon validator to participate in all those initiatives! If you also want to join this fastest-developing ecosystem, you can start staking your MATIC tokens with us.If you already stake your MATIC, this guide will also provide information on how to restake with<a href="http://p2p.org/?ref=p2p.org"> P2P.org</a> validator - the leading infrastructure provider of the web3 ecosystem!Step-by-step instruction - How to stake:<ol><li>Polygon staking is happening on Ethereum as Polygon is secured by Ethereum (Polygon PoS is becoming L2 on Ethereum)</li></ol>2. To start investing in Polygon now, you should have some MATIC tokens as ERC-20 tokens on your Ethereum wallet.<blockquote>The most popular wallet solutions for Ethereum are Metamask, Coinbase Wallet, and Safe (former Gnosis Safe). You can also connect any other wallet using WalletConnect.</blockquote>3. MATIC can be acquired either on Centralised Exchanges (like Coinbase, Binance, Kraken, and others) or decentralized exchanges or aggregators (1Inch, Uniswap, Curve, or others)<blockquote>If you have bought your tokens on Centralised Exchange, first you need to transfer them to your wallet.</blockquote>4. For all actions, you should also pay gas in ETH, so you will be required to have some ETH on the same wallet (approx. 0.01 ETH, but this value is volatile because of gas prices on Ethereum)5. When you have acquired some MATIC & ETH, you can go to the official Polygon staking page at <a href="https://staking.polygon.technology/validators/162?ref=p2p.org">https://staking.polygon.technology/validators/162</a>6. Connect your wallet7. Click Become a Delegator<figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/MWFe98iY0cuDXNHSQS2ugkCW7jb8XJYHrWJ_t9gZlfrP_oxpF847mJtvwRIZEZq0zXNF-3W7VmpONUzUip3xcOScBucqofaFbVPpjFjz2WHKEPb4uSudbdMtI84qiITrrdTzcmO8rAHl1oDdw96ljHY" class="kg-image" alt loading="lazy" width="602" height="277"></figure>8. A pop-up will appear<figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/ZXeGWv2UXHRDJRU9Sghi8_fi2Oc_rEq5anCUtelMWjiuBQUsIu5JN4wfC5l43OeQgcstWmikou_ffopJt8ttE-qmgEdtaLmTyUdm0_bpuUSSSgK2QGgWFMOFc_OHAluc0TxNlmjvgF99-70VM8tpwtw" class="kg-image" alt loading="lazy" width="246" height="317"></figure>You will have to make two transactions:<ul><li>Approve the spend amount of the MATIC token. This will allow the staking contract to interact with the specified amount of MATIC.</li><li>After approval, the 2nd transaction will be suggested - the delegation of the stake itself.</li></ul>9. Success! You are now a part of the fast-developing Polygon Ecosystem, and you help to secure the future L2 chain!How to restake your MATIC with <a href="http://p2p.org/?ref=p2p.org">P2P.org</a>:1. Go to<a href="https://staking.polygon.technology/?ref=p2p.org"> https://staking.polygon.technology</a>, connect your wallet, and go to your account page:<figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/mRCO99nPkayuEykyXIlJ1Tg12BoaBO68-5lDoZh00Ds8_bFK8o87LYKXD2GHLc943PhK-7JGatWQ088PzhB6gLqSmegU1DQgVQBgnhikuqr_6c0_ybsRlEFTqvftp6qVthNsfvNKM98oXp2IuI-XZ9Y" class="kg-image" alt loading="lazy" width="261" height="405"></figure><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/L--zCGK617PsNQILfW3ITrOH9ahnaJX8SYL8dVAePoHROu0fk8J6FeYnr9Q-khpjZSz63a9HFN12WrP0e0NFXAvOrwoGYqKgNNOB1N9lV2o_wsHpeInUwYvprA7yGp2RjWIB-GxvyfENoQf7mX4RGVI" class="kg-image" alt loading="lazy" width="253" height="389"></figure>2. There, you will have the "Move Stake" option:<figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/5_s3CI8PLKhyerbg1nhUEkBCRjrC2heFmPRiIz89SVvzMK1TF6gajJD8uvmM6G5YqSDnQ696rr1TgPNOEGsz0qLVVTCeqm8JcqrqrW-is3Jw5uIA90xKJzr8D5pOYrPINFy_wySTlEZJ-g0FHmOBf5w" class="kg-image" alt loading="lazy" width="336" height="460"></figure> 3. Choose<a href="http://p2p.org/?ref=p2p.org"> P2P.org</a> and click "Stake Here":<figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/fND1kqefVzJjTCz7fo2e6Gcx_z6cWbl-HB_3S54eKR8E4REnYNgdHGNmsLP0zB1vVVgREo6af2gGWSVKntN49QZS7Id_WgEHgBfexstjcKmI7ZNdwo84VRQ1JQ6_8rkLFWLXzEQbWgdAVzlsZfASIQc" class="kg-image" alt loading="lazy" width="365" height="400"></figure>4. Select the amount to restake, click Continue, sign the transaction, and everything's ready - you have moved your delegation to <a href="http://p2p.org/?ref=p2p.org">the P2P.org</a> validator.<figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/GTMSivshrMtwW4O7aXlfPXRsy2-LDzcG6xQXLXRVU0PuqEUgbiNbnSW3k5Mi5HbymAjZeX_sCa0VWr3-hF44fQXj3XzWvaII2WwbG6oVGyTMrn3lrJVcsPh6hDDu2_KyZayc3RNkTfoPGxV2GIyXvEY" class="kg-image" alt loading="lazy" width="305" height="409"></figure> Have a question or want more info? Please speak with our support team on our official <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram Channel here!</a>

Kamil Jakub Natil

from p2p validator

P2P.org Adds Cosmos Staking API to Staking Solutions Suite

We are pleased to announce our new addition to the P2P.org staking solutions suite: The Cosmos Staking API. This feature is another milestone in our continuous efforts to allow businesses to tap into boundless staking opportunities for their customers and now offer staking within the Cosmos network. Whether staking assets for your enterprise or on behalf of your users, our Cosmos Staking API streamlines the process, taking your staking strategy to new heights. Diving into Cosmos Staking: Cosmos, with a market capitalization of $2.24 billion as of November 2023, offers a promising staking avenue with an annual percentage rate (APR) of 19.7%*. The network stands out with its real-time reward distribution, accruing approximately every 7 seconds, thus ensuring a steady reward stream. However, it's essential to note the 21-day unstaking period, during which your tokens remain non-transferable. While the rewards don't compound automatically, the no minimum staking amount feature makes it an accessible choice for many and an attractive option for your users. Why Opt for P2P's Cosmos Staking API? The P2P.org Cosmos Staking API is designed to offer an easy and cost-effective staking solution on the Cosmos network. Here are the core advantages of leveraging the P2P API and Infrastructure: <ul><li>Reliable Infrastructure: Anchored on a threshold signers solution, our infrastructure promises enhanced security and robustness, delivering a higher-than-network average uptime.</li><li>Trusted Handling: With $100 million worth of Cosmos assets already in our custody, we underscore our prowess and credibility in asset management.</li><li>Long-Term Commitment: As a genesis validator for Cosmos Hub and multiple other chains, our support extends to over 20 projects, reflecting our enduring commitment to the ecosystem.</li><li>Dynamic Contributors: Our active engagement in infrastructure, data, and development projects across Cosmos reaffirms our continuous support to the ecosystem.</li><li>Around-the-Clock Support: Our dedicated 24/7 support is ready to assist with any queries or challenges, ensuring a seamless staking journey. </li></ul>Unveiling the API's Features: The P2P Cosmos Staking API is engineered to be a user-friendly gateway to Cosmos staking, showcasing: <ul><li>Effortless Connection: With a focus on simplicity, connecting to the Cosmos network via our API is a breeze. Our easy-to-use staking API documentation ensures a smooth integration. View API documentation<a href="https://docs.p2p.org/?ref=p2p.org"> here!</a></li><li>User Dashboard: Easily manage and track your staking strategy in real time using our simple yet comprehensive staking dashboard.</li><li>Robust Security: Our stringent security measures ensure the safeguarding of your assets at every step. </li></ul>Seamless Integration with Comprehensive API Documentation: Embarking on your Cosmos staking journey with our Staking API is designed to be a straightforward process. Our meticulously curated documentation guides you through every step, ensuring a hassle-free integration. We've provisioned separate endpoints for both testing and production environments, allowing for a robust testing phase before transitioning to a live setting. Our documentation, accessible <a href="https://docs.p2p.org/?ref=p2p.org">here</a>, is crafted to provide a clear pathway, enabling a smooth transition from one phase to the next in your Cosmos staking setup. Whether you want to grasp the basics or delve into the nuanced details of transactions, our documentation is a comprehensive resource tailored to facilitate a successful integration. By integrating the P2P.org Cosmos Staking API, you are not only ensuring superior staking services for your clients but also aligning with a reliable and seasoned staking partner in P2P.org. Check out some of our detailed blog posts to delve deeper into Cosmos Staking. <ul><li><a href="https://p2p.org/economy/cosmos-staking-guide-keplr-ledger/">Cosmos Staking Guide</a></li><li><a href="https://p2p.org/economy/slashing-overview-in-cosmos-network/">Slashing Overview in Cosmos Network</a></li><li><a href="https://p2p.org/economy/5-reasons-to-stake-your-atoms/">5 Reasons to Stake Your ATOMs</a> </li></ul>We look forward to working with you as we explore the immense potential of Cosmos staking together. Learn more about the features of our <a href="https://p2p.org/products/api?ref=p2p.org">Staking API here!</a> Have a question or want more info? Please speak with our support team on our official <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram Channel here!</a>

Kamil Jakub Natil

from p2p validator

Boost Your Staking Strategy with P2P.org’s New Solana Staking API

We are thrilled to announce a new addition to our suite of staking solutions at P2P.org: the launch of our Solana Staking API. This new feature allows businesses to harness the full potential of the Solana network, allowing them to stake assets for themselves and on behalf of their clients seamlessly. By integrating with P2P.org's robust infrastructure, businesses can now offer native staking services on Solana to their clientele with a minimum of three steps to integrate with our infrastructure. This easy integration, supported by our detailed user guides, saves time and development costs for our users who wish to offer Solana Staking. Exploring Solana Staking: Staking on Solana has proven to be a rewarding strategy, with September 2023 rewards of around 8% - distributed at the protocol level every 2-3 days and automatically compounded to boost earning potential. Furthermore, the undelegation period stands at a mere 2-3 days, making this a flexible choice for stakeholders. Why Choose P2P's Solana Staking API? Our new Staking API is crafted to provide a smooth staking experience on the Solana network and everything you'd expect from using our industry-leading staking platform. Here are the core advantages of leveraging the P2P API and Infrastructure: <ul><li>Maximized Profits: Our nodes have showcased a stellar performance with a 100% uptime in September 2023, ensuring maximum user rewards. Additionally, the MEV rewards contribute to augmenting profits.</li><li>Trusted Handling: Over 6M SOL has already been entrusted to our platform, underscoring our credibility and capability in asset management.</li><li>Long-Term Validation: Our validation service has been operational since Genesis, reflecting our enduring commitment and expertise in the field.</li><li>Decentralized Setup: Our decentralized framework ensures enhanced security and resilience against adversarial conditions.</li><li>Around-the-Clock Support: Our dedicated 24/7 support is always on standby to assist you with any queries or issues, ensuring a seamless staking journey. </li></ul>Unveiling the API's Features: The P2P Solana Staking API is engineered to be a user-friendly gateway to Solana staking, highlighting: <ul><li>Effortless Connection: With simplicity at its core, connecting to the Solana network via our API is a breeze with easy-to-use staking API documentation found <a href="https://docs.p2p.org/docs/overview-solana?ref=p2p.org">here!</a></li><li>Flexible Account Management: Our API facilitates easy Solana account management, adapting to your specific operational needs.</li><li>Robust Security: The stringent security measures embedded within our API ensure the safeguarding of your assets at every step. </li></ul>Seamless Integration with Comprehensive API Documentation: Embarking on your Solana staking journey with our Staking API is designed to be a straightforward process. Our meticulously curated documentation guides you through every step of the way, ensuring a hassle-free integration. We've provisioned two separate endpoints to cater to both testing and production environments, allowing for a robust testing phase before transitioning to a live setting. Solana's diverse network offerings include the mainnet-beta for production and testnet for testing purposes. Our documentation, accessible <a href="https://docs.p2p.org/docs/overview-solana?ref=p2p.org">here</a>, each section is crafted to provide a clear pathway, enabling a smooth transition from one phase to the next in your Solana staking setup. Whether you want to grasp the basics or dive into the nitty-gritty details of transactions, our documentation is a comprehensive resource tailored to facilitate a successful integration. By integrating the P2P Solana Staking API, you are assuring superior staking services to your clients and aligning with a reliable and experienced partner in P2P.org. Join us in this exciting venture, and let's redefine staking on Solana together, should you have any questions, please feel free to reach out to our team on our official Telegram Channel <a href="https://t.me/P2Pstaking?ref=p2p.org">here</a>! Be sure to check out our detailed <a href="https://p2p.org/economy/new-product-launch-p2p-orgs-staking-api/">blog post</a> to learn more about the P2P Staking API.

Kamil Jakub Natil

from p2p validator

Unlocking Polkadot Crowdloans Soon - Get an Offer from P2P.org

We're excited to share an update for the Polkadot Crowdloan Unlock and how our users can maximize their staking returns by allocating unlocked DOT with <a href="http://p2p.org/?ref=p2p.org">P2P.org</a>.Polkadot's structure allows parachains to gather tokens for auction bids through crowdloans. Contributors to these crowdloans have their DOT tokens locked until the end of the lease period once a parachain wins, receiving the parachain's native tokens as rewards.Notably, October 24, 2023, marks a significant date when a substantial volume of DOTs, previously committed to supporting parachains, will be released:<ul><li>Acala: 32M DOT</li><li>Astar: 10M DOT</li><li>Clover: 9M DOT</li><li>Moonbeam: 35M DOT</li><li>Parallel: 10M DOT</li></ul>The upcoming unlock represents a unique opportunity for DOT holders, especially those eligible to claim from the various parachains, to maximize their rewards with <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a>. Contributing natively on Polkadot ensures an automatic unlocking and redistribution of your DOT to your wallet.What is the current rewards APR in Polkadot?The network's average APR is roughly 19% before any fee deductions. However, the referendum 166, which successfully passed on November 14, proposes adjusting the optimal staking rate from 52% to 60%. With the staking rate now around 48%, this new measure could potentially increase the rewards ratio by an additional 5%, making staking to Polkadot more attractive.Why Stake with <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a>?<a href="http://p2p.org/?ref=p2p.org">P2P.org</a> stands out as an experienced validator operator within the network, offering nominators exceptional performance. In preparation for upcoming events, <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a> has put together a straightforward guide designed to enhance and optimize your staking strategy, thereby maximizing your reward potential. This initiative underscores our primary strengths:<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/10/Untitled-1.png" class="kg-image" alt loading="lazy" width="2000" height="1125" srcset="https://p2p.org/economy/content/images/size/w600/2023/10/Untitled-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/10/Untitled-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/10/Untitled-1.png 1600w, https://p2p.org/economy/content/images/size/w2400/2023/10/Untitled-1.png 2400w" sizes="(min-width: 720px) 720px"></figure><ol><li>Leading Returns: With our unique rebalancing service, you can enjoy up to 20% higher returns than the network average. This isn't just about raw numbers; it's about a proven track record of delivering high APY. Check it using our live <a href="https://lookerstudio.google.com/u/0/reporting/46768bcc-43d7-42b6-8908-3af94a86a318/page/p_yiinu0sfvc?ref=p2p.org" rel="noopener noreferrer">dashboard</a>!</li><li>Proven Track Record: As the top 1 validator in Polkadot since Genesis with zero slashing events, we're trusted by over 4000+ nominators.</li><li>Round-The-Clock Support: Our commitment to you goes beyond just staking. With 24/7 personal manager support and a dedicated tech team deeply versed in the Polkadot ecosystem, you're never alone in your staking journey.</li><li>In-depth Analytics: Keeping track of your staking performance has never been easier. Our customized personal dashboard gives you comprehensive insights to ensure you can always check in on your strategy and rewards.</li><li>Unwavering Uptime: With a 99% SLA uptime, we ensure your staked assets consistently work hard for you.</li><li>Automatic Rewards Claiming: With <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a>, you can put worries about manual rewards claiming to rest. We handle automatic rewards claiming for you, ensuring your earnings are seamlessly added to your account.</li></ol>How to Stake with <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a>? A Quick Guide<ol><li>Open Polkadot.js: Start by launching the <a href="https://polkadot.js.org/apps/?ref=p2p.org#/staking">Polkadot.js</a> application.</li><li>Navigate to Staking: Within Polkadot.js, move to the "Staking" tab.</li><li>Opt to Nominate: Hit the "Account" button and choose "Nominate".</li><li>Determine Your Stake: Specify the number of DOTs you wish to stake.</li></ol>Select <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a>: Find and select P2P.ORG validators from the list.<blockquote> 💻 Suggested <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a> validators</blockquote><blockquote>1342iFZNrBfCP9VWxqt5p39LiHp2ynyq85Ww9K7R8w6BURps 15oKi7HoBQbwwdQc47k71q4sJJWnu5opn1pqoGx4NAEYZSHs 129TM37DNpyJqtRYYimSMp8aQZ8QW7Jg3b4qtSrRqjgAChQf 13giQQe5CS4AAjkz1roun8NYUmZAQ2KYp32qTnJHLTcw4VxW 12YP2b7L7gcHabZqE7vJMyF9eSZA9W68gnvb8BzTYx4MUxRo 12ud6X3HTfWmV6rYZxiFo6f6QEDc1FF74k91vF76AmCDMT4j 145Vw57NN3Y4tqFNidLTmkhaMLD4HPoRtU91vioXrKcTcirS 12GsUt6XbVMHvKt9NZNXBcXFvNCyTUiNhKpVnAjnLBYkZSj1</blockquote><ol><li>Confirm Your Nomination: Review and finalize your staking choices.</li></ol>For a more in-depth guide, you can explore <a href="https://p2p.org/economy/guide-for-staking-with-ledger-in-polkadot-kusama/">our detailed staking tutorial</a>.Special Offer for Big Holders!For those looking to stake over 100k+ DOT, we have a special offer just for you. Reach out to our support team on Telegram to explore bespoke solutions, tailored benefits, and unique opportunities depending on your size of stake.The upcoming Polkadot Crowdloan unlock presents an unmatched opportunity for DOT holders. By choosing <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a>, you're opting for industry-leading returns and a journey marked by trust, innovation, and steadfast support.DOT holders, this is your moment. Elevate your staking journey with <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a>.For any questions or clarifications, please get in touch with us at <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>.

Kamil Jakub Natil

from p2p validator

P2P.ORG Announces Upcoming Network Closures

In line with our commitment to deliver the best staking opportunities, we will no longer support the following networks from November 11, 2023: <ul><li>Quicksilver</li><li>Gravity Bridge</li><li>Cyber (Bostrom)</li><li>Crescent</li><li>Moonriver (MOVR)</li><li>Calamari (KMA)</li><li>Robonomics (XRT)</li></ul> <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a> remains dedicated to supporting over 50 decentralized networks by providing our users with premium validator services and next-level support. Action Required for Token Holders: For those who have stakes in these networks through <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a> or any other means, here's what you need to know: <ul><li>Redelegation: This action is usually instant for most networks. Your stake will seamlessly transfer to another validator once you initiate redelegation.</li><li>Unstaking: This step has an unbonding duration, which varies by network. Please ensure an early start to complete this process successfully.</li></ul>Failure to act by the 11th November deadline will halt further reward generation. P2P.ORG's dedication to innovation, enhancing user experience, and community partnerships remain our priority through every decision. We sincerely appreciate your flexibility during this transition. If you have any questions or support, our team is here for you via our official Telegram channel. <a href="https://t.me/P2Pstaking**?ref=p2p.org">https://t.me/P2Pstaking</a>.

Kamil Jakub Natil

from p2p validator

P2P.org Announces Collaboration with Cryptology for Enhanced ETH, DOT, KSM, NEAR and GRT Staking

P2P.org is pleased to announce our latest collaboration with Cryptology. This partnership reflects our commitment to strengthening the staking ecosystem across various networks we support as a leading validator. P2P.org will work closely with Cryptology to offer staking solutions for ETH, DOT, KSM, NEAR, and GRT for Cryptology's users. Bridging the legacy of both organizations, we aim to deliver industry-leading staking by placing user experience at the forefront of this collaboration. This alliance combines P2P.org's expertise in the realm of staking infrastructure and Cryptology's commitment to simplifying crypto trading for the masses, ensuring an easier gateway to staking solutions for a number of proof-of-stake tokens. Cryptology, with its undivided focus on user-friendliness, is changing the way people perceive blockchain technology and cryptocurrencies. By uniting Cryptology's platform, well known for its security and simplicity, with P2P.org's robust infrastructure, we are set to offer a seamless staking experience. This partnership encapsulates both organizations' commitment to allowing individuals worldwide to have easier access to staking solutions, ensuring that the complexities of staking do not deter anyone from leveraging its benefits. By bringing together the ethos of both organizations – Cryptology's dedication to demystifying cryptocurrency trading and P2P.org's commitment to decentralized financial solutions – we aspire to reshape how individuals, be it beginners or experts, interact with our industry-leading staking solutions.

Kamil Jakub Natil

from p2p validator

P2P.org Joins Forces with Fordefi for Enhanced Direct Staking Solutions

We are excited to reveal our latest partnership with Fordefi, an institutional MPC wallet platform, designed to enhance the direct staking experience for their community. This collaboration underscores P2P.org's dedication to delivering versatile staking solutions and our goal to further the adoption of decentralized finance within diverse user segments. Who is Fordefi? Fordefi stands at the forefront of wallet platforms and web3 gateways, specializing in enabling institutions to seamlessly connect to dApps across various networks while ensuring the utmost security for digital assets. Founded in 2021 by crypto custody and cybersecurity experts, Fordefi's mission focuses on allowing institutions to safely navigate and transact within decentralized finance (DeFi). Fordefi's Innovative Wallet Technology Central to Fordefi's offering is their MPC (Multi-Party Computation) wallet, an enterprise-level security solution that leverages a distributed key generation process. MPC and cryptographic protocols ensure that each piece of the private key is held separately by different parties, eliminating single points of vulnerability. In addition to MPC technology, Fordefi’s wallet platform offers users full transaction simulation, risk alerts, and granular policy controls. As a result, the Fordefi’s wallet platform offers enhanced protection against a plethora of attack vectors, such as private key theft, collusion attacks, and web threats. What this Partnership Means By collaborating with Fordefi, we aim to provide: <ol><li>Enhanced Security: Harness the native MPC security features of Fordefi's wallet, ensuring the safety of staked assets.</li><li>Efficient Staking: With Fordefi’s wallet integration, users can easily engage in direct ETH staking activities with P2P.org all covered by our slashing guarantee.</li><li>User-Centric Approach: Seamlessly stake and unstake assets, leveraging Fordefi's security features and P2P.org’s robust staking infrastructure. </li></ol>"We’re excited to offer our institutional clients with leading staking solutions while keeping their digital assets secure. Transacting in DeFi is made more accessible and secure through collaborations such as this with P2P.org" - Steve Horvath, VP of Sales at Fordefi. “We believe this partnership with Fordefi enhances our commitment to offering unparalleled direct staking solutions. It's a testament to our dedication to expanding the staking ecosystem and driving greater adoption." - Alex Esin, CEO P2P.org The future of DeFi is collaborative, and our partnership with Fordefi underscores this belief. As we move forward, we'll continue to prioritize our users, ensuring that they benefit from innovative, secure, and highly efficient staking solutions. To learn more about direct staking with Fordefi and leveraging P2P.org’s comprehensive security features, visit the Fordefi website <a href="https://www.fordefi.com/?ref=p2p.org">https://www.fordefi.com</a> or connect with our dedicated support team on Telegram <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>.

Kamil Jakub Natil

from p2p validator

P2P.ORG's Exclusive High APY Staking Strategy on Polkadot: Now Available Through Our Staking API!

We're thrilled to announce the latest addition to our suite of staking solutions that deliver proven high APY on Polkadot, a unique product developed and brought to you exclusively by P2P.ORG. This distinctive strategy stands out in the market, catering to developers and stakeholders aiming to elevate their staking APY while ensuring significant, unparalleled security standards. This marks the inaugural release of such a strategy through an API.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/09/2560x1440-9.jpg" class="kg-image" alt loading="lazy" width="2000" height="1125" srcset="https://p2p.org/economy/content/images/size/w600/2023/09/2560x1440-9.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2023/09/2560x1440-9.jpg 1000w, https://p2p.org/economy/content/images/size/w1600/2023/09/2560x1440-9.jpg 1600w, https://p2p.org/economy/content/images/size/w2400/2023/09/2560x1440-9.jpg 2400w" sizes="(min-width: 720px) 720px"></figure>Why Opt for API-Enabled High APY? Using our Staking API cuts through the complexities of Polkadot staking. By integrating into our API, we offer developers and seasoned users the tools to automate, simplify, and refine their staking approaches, exclusively available with P2P.ORG. We pave the way for developers and advanced users to automate, streamline, and optimize their staking endeavors. Benefits of Employing Our High APY:<ul><li>Higher APY: Approximately 22% APY - higher than average network APY</li></ul><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/09/P2PPolkaAPR.jpg" class="kg-image" alt loading="lazy" width="2000" height="1125" srcset="https://p2p.org/economy/content/images/size/w600/2023/09/P2PPolkaAPR.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2023/09/P2PPolkaAPR.jpg 1000w, https://p2p.org/economy/content/images/size/w1600/2023/09/P2PPolkaAPR.jpg 1600w, https://p2p.org/economy/content/images/size/w2400/2023/09/P2PPolkaAPR.jpg 2400w" sizes="(min-width: 720px) 720px"></figure><ul><li>Automated Rewards: Daily payouts for both rewards and cashback.</li><li>Optimized Strategy: Our strategy automatically rebalances your stake to the most profitable validators minutes before each election.</li><li>Client Service: 24/7 dedicated tech team and high industry infrastructure with 99% SLA uptime</li></ul>Getting Started with API-Enabled High APR: Starting with our API-empowered High APY system is straightforward. After contacting us for the essential details and configurations, you'll embark on a user-friendly process designed for ease and efficiency. This workflow ensures you're set up quickly, allowing you to capitalize on enhanced staking returns. User Control & Security: Through our API-enabled strategy that delivers high APY, you retain complete autonomy over all non-staking functionalities of your stash account. This ensures peace of mind and control. Our solution is conceived to be non-custodial, implying that only staking functions are reachable, assuring total asset security. Additionally, the entire procedure is wholly automated, negating the need for manual oversight and promising a fluid user journey. What's Next? Our unwavering dedication to pioneering unparalleled, user-centric, and fortified staking solutions is epitomized by our unique high APY strategy on Polkadot in our API. As P2P.ORG continues its legacy of innovation, stay tuned for more game-changing features to redefine your staking adventure. Connect with our dedicated support team on Telegram <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>.

Kamil Jakub Natil

from p2p validator

P2P.org Joins Chainflip as Launch Validators for Institutional Stake Growth

We're elated to unveil our collaboration with Chainflip, a pioneering protocol to reshape how value transfers occur between blockchains. As Chainflip's genesis validator, P2P.org enters the scene from the inception of the mainnet, bringing with us a legacy of exceptional security features and staking acumen to simplify institutional onboarding for staking solutions. Chainflip, being a Substrate-based chain, aligns well with our extensive experience as a leading validator on Polkadot/Kusama for more than three years. This experience underscores our capability to fulfill Chainflip's vision as their genesis validator. We are poised to offer secure validator services to enhance the decentralization of the operator set further. Embracing our vast experience across over fifty blockchains, we're geared to reinforce Chainflip's ambition for a holistic, decentralized Web3 landscape, bringing our unparalleled security features and staking expertise to the table, amplifying Chainflip's vision of a decentralized and composable Web3 ecosystem. About Chainflip Chainflip aims to revolutionize the crypto landscape by addressing the limitations of centralized exchanges, which have long dominated value transfers between different blockchains. Building upon the foundational AMM ideas popularized by Uniswap, Chainflip's protocol extends this to a multi-chain environment. Chainflip is laser-focused on a mission that resonates with us at P2P.org: to offer not just an alternative but a superior option to centralized exchanges for cross-chain asset swaps. The goal is ambitious but highly achievable via a two-fold approach: <ol><li>Develop the Best Cross-Chain DEX Technology: Chainflip is committed to building top-tier decentralized exchange technology with a user-centric focus.</li><li>Forge Partnerships with Aligned Entities: A core part of Chainflip's strategy is collaborating with entities that share their vision, as these partnerships will expedite the adoption of cross-chain solutions. </li></ol>The ethos of Chainflip aligns beautifully with our own mission at P2P.org—creating a decentralized open financial system for all. We're taking a leap towards realizing this vision by merging Chainflip's groundbreaking cross-chain technology with our robust infrastructure and staking services. This partnership is an important milestone for both Chainflip and P2P.org as we move toward a future that eliminates the barriers to asset transfer between blockchains, thereby democratizing access to various financial services in a secure, non-custodial manner. Chainflip's technology is designed to be: <ul><li>Wallet and Chain Agnostic: No specific wallet or blockchain requirements.</li><li>Non-Intrusive: This does not require native chains to make underlying consensus or infrastructure changes.</li><li>Gas-Efficient: Off-chain computations to minimize on-chain costs.</li><li>No 'Wrapped' or Synthetic Assets: Transparent transactions without any post-swap exposure.</li><li>Developer-Friendly: Easily integrated into other products via simple RPC calls or the Chainflip SDK. </li></ul>Security and Non-Custodial Staking We share Chainflip's commitment to decentralization and security. Our integration ensures that staking through Chainflip will uphold our stringent security measures, including 100% slashing protection and multiple levels of fail-safes. In the unlikely event that P2P.org faces any challenges, users will retain the ability to unstake their assets seamlessly, maintaining complete control over their digital assets. Unlocking New Possibilities This alliance aligns perfectly with Chainflip's ultimate goal of enabling programmatic swapping across all major blockchains. Together, we're making strides toward a future where users can easily, securely, and permissionlessly trade assets across multiple chains, breaking free from the constraints of centralized exchanges. We are excited to contribute to this promising project and can't wait to see how this partnership evolves. Stay tuned for more updates and features as we gear up for Chainflip's network launch!

Kamil Jakub Natil

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