This guide provides step-by-step instructions on setting up an account in the Avail network and staking AVAIL tokens using your account.
To create an account, choose a trusted SS58-compatible wallet like SubWallet or Talisman or use the Polkadot JS browser extension.
Visit the Avail JS portal using a Chrome browser. Upon connecting, your wallet will request authorization. Navigate to the 'Accounts' tab to view your account balance and details.
The account should appear on the screen. This account will be your stash. You can have as many accounts as you like.
We will continue with a single account, but if there are multiple ones, the following creation process should be repeated for each one.
We make payouts daily, so you won't need to pay a TX fee by yourself.
We recommend assigning a staking proxy account. You should fund a separate account with 2-3 AVAIL and connect with your primary one to perform staking-related operations on behalf of your stash, like triggering payout or nominating a validator. A staking proxy has no access to the funds on the stash account.
Staking will begin in the next era or two (24 - 48 hours). You will be able to track nominations from Staking -> Account. At least one nomination should become active, indicating that your stake is working in full and generating rewards.
For more information about Avail staking, please refer to the official documents.
P2P Validator is a world-leading non-custodial staking provider, securing over $7 billion from over 10,000 delegators/nominators across 40+ high-class networks. We have actively participated in the Polkadot/Kusama network since the beginning.
Do not hesitate to ask questions in our Telegram chat or contact Alex via [email protected]. We are always open to communication.
Web: https://p2p.org
Stake DOT with us: https://p2p.org/polkadot
Twitter: @p2pvalidator
Telegram: https://t.me/P2Pstaking
<p>23rd July 2024 marked the exciting launch of Avail DA, who state they are <strong>the first modular data availability layer using validity proofs and data availability sampling.</strong> This innovation enables entire blockchain networks to scale efficiently and cost-effectively.<br><br>We have been working closely with Avail during all the testnet phases and we are excited to support it since day one.</p><figure class="kg-card kg-embed-card"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">We know some of you are looking forward to the <a href="https://twitter.com/AvailProject?ref_src=twsrc%5Etfw&ref=p2p.org">@AvailProject</a> launch.<br><br>For those who want to know what's Avail:<br>We got you! 🫡<br><br>Listen to <a href="https://twitter.com/anuragarjun?ref_src=twsrc%5Etfw&ref=p2p.org">@anuragarjun</a>, the <a href="https://twitter.com/AvailProject?ref_src=twsrc%5Etfw&ref=p2p.org">@AvailProject</a> co-founder, answering this question for us: <a href="https://t.co/N14ooH88NW?ref=p2p.org">pic.twitter.com/N14ooH88NW</a></p>— P2P.org (@P2Pvalidator) <a href="https://twitter.com/P2Pvalidator/status/1814232362412060943?ref_src=twsrc%5Etfw&ref=p2p.org">July 19, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></figure><p><br><br><strong>The AVAIL Token</strong> Powers the network by allowing users to pay fees, stake for security, and participate in governance.</p><div class="kg-card kg-button-card kg-align-center"><a href="https://p2p.org/networks/avail?ref=p2p.org" class="kg-btn kg-btn-accent">Stake your AVAIL!</a></div><p><br><br>The Avail DA supports L2 solutions, RaaS providers, and blockchain developers by providing a robust, validity-proof-based DA layer optimized for ZK technology. This significantly reduces operational costs and enhances scalability for developers building on Avail DA.</p><h2 id="about-avail">About Avail:</h2><p>Since late 2020, founders <a href="https://x.com/anuragarjun?ref=p2p.org" rel="noreferrer">Anurag Arjun</a> and <a href="https://x.com/prabalbanerjee?ref=p2p.org" rel="noreferrer">Prabal Banerjee</a> have been dedicated to creating trust-minimized systems. <a href="http://availproject.org/?ref=p2p.org" rel="noreferrer">Avail</a> has secured investments from notable entities like Peter Thiel’s Founders Fund, Dragonfly, and the Cyber.fund.<br>The project has partnered with industry leaders such as Arbitrum, Optimism, and Polygon, fostering a robust ecosystem.</p><figure class="kg-card kg-embed-card"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">We’ve been working closely with 110+ partners including <a href="https://twitter.com/arbitrum?ref_src=twsrc%5Etfw&ref=p2p.org">@arbitrum</a>, <a href="https://twitter.com/Optimism?ref_src=twsrc%5Etfw&ref=p2p.org">@Optimism</a>, <a href="https://twitter.com/0xPolygon?ref_src=twsrc%5Etfw&ref=p2p.org">@0xpolygon</a>, <a href="https://twitter.com/StarkWareLtd?ref_src=twsrc%5Etfw&ref=p2p.org">@StarkWareLtd</a>, and <a href="https://twitter.com/zksync?ref_src=twsrc%5Etfw&ref=p2p.org">@zksync</a> prior to launch, with many more on the way. <a href="https://t.co/QrVA1d2ect?ref=p2p.org">pic.twitter.com/QrVA1d2ect</a></p>— Avail (@AvailProject) <a href="https://twitter.com/AvailProject/status/1815660858162270253?ref_src=twsrc%5Etfw&ref=p2p.org">July 23, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></figure><p><br>Read their blog post for an in-depth understanding of Avail’s vision for a unified Web3 <a href="https://blog.availproject.org/avail-da-mainnet-is-live/?ref=p2p.org">blog post</a>, or go to the comprehensive developer documentation available <a href="https://docs.availproject.org/?ref=p2p.org">here</a>.</p><h2 id="validator-network">Validator Network</h2><p>The Avail network can support up to 1000 validators using an NPoS consensus mechanism, ensuring equitable reward distribution and enhanced decentralization. The rollout will start with a genesis set of validators.</p><p><strong>P2P.org is proud to support Avail as a genesis validator and participate in all the testnet activities. That ensures we are the leaders, supported by strong technical expertise</strong>. We work closely with Avail Project on X: <a href="https://x.com/AvailProject?ref=p2p.org">https://x.com/AvailProject</a>, providing our audience with insightful pieces of information from its founder:</p><figure class="kg-card kg-embed-card"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Are you ready for an exciting launch tomorrow? AVAIL is about to change the game with its MODULARITY, promising to solve the blockchain fragmentation problem!<br><br>Let’s hear from <a href="https://twitter.com/anuragarjun?ref_src=twsrc%5Etfw&ref=p2p.org">@anuragarjun</a>, co-founder of <a href="https://twitter.com/AvailProject?ref_src=twsrc%5Etfw&ref=p2p.org">@AvailProject</a>, who explains how AVAIL improves the user experience. <a href="https://t.co/JT3iQgmdnL?ref=p2p.org">pic.twitter.com/JT3iQgmdnL</a></p>— P2P.org (@P2Pvalidator) <a href="https://twitter.com/P2Pvalidator/status/1815305760831615006?ref_src=twsrc%5Etfw&ref=p2p.org">July 22, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></figure><p><br></p><p>During high demand for the Avail Goldberg Testnet, P2P.org demonstrated its commitment and capability by actively supporting Avail. We participated in the light nodes challenge and were one of only three external providers of RPC nodes.</p><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text"> P2P.org successfully handled more than 30,000 simultaneous connections and processed over 100 million requests.</div></div><p><br>This strategic support played a vital role in ensuring the stability of the Avail Goldberg Testnet during a crucial phase of its operations.</p><p>Our team's efforts included deploying a proxy balancer that efficiently managed the load between several nodes:</p><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">We significantly enhanced the network's capacity to handle over 300 million requests and maintain peak connectivity for 37,000 concurrent connections.</div></div><p><br>This technological prowess demonstrates P2P.org’s capability in managing high-demand blockchain operations and shows our expertise in providing advanced infrastructure solutions.<br></p><div class="kg-card kg-button-card kg-align-center"><a href="https://p2p.org/networks/avail?ref=p2p.org" class="kg-btn kg-btn-accent">Stake your AVAIL with P2P.org</a></div><h2 id="web3-unification"><br><br><strong>Web3 Unification</strong></h2><p>Avail DA aims to be the cornerstone of a permissionless unification layer for Web3. This layer will facilitate cross-chain transactions through Avail Nexus and provide comprehensive shared security via Avail Fusion, paving the way for a unified future for decentralized applications.</p><p>Developers are encouraged to build on Avail DA using Ethereum’s top rollup stacks or explore beyond the EVM. </p><p><a href="https://p2p.org/networks/avail?ref=p2p.org" rel="noreferrer"><strong>Discover more about the Avail project and start staking your AVAIL tokens today.</strong></a></p><hr><p>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram</a> chat or contact Alex via <a href="mailto:[email protected]">[email protected]</a>. We are always open to communication.</p><hr><p><strong>Web:</strong> <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong>Stake AVAIL with us:</strong> <a href="https://p2p.org/networks/avail?ref=p2p.org">https://p2p.org/networks/avail</a></p><p><strong>Twitter:</strong> <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong>Telegram:</strong> <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>
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<p><a href="P2P.org" rel="noreferrer">P2P.org</a> is proud to announce the launch of our innovative <a href="http://ssv.network/?ref=p2p.org" rel="noreferrer">SSV</a> <strong>White-Label Node solution</strong> in partnership with <a href="http://originprotocol.com/?ref=p2p.org" rel="noreferrer">Origin</a>.<br><br>This new product marks a significant milestone in our commitment to providing state-of-the-art decentralized validation technology (DVT) solutions to our clients. By focusing on efficiency and a customer-centric approach to their customization, we are delivering a solution that not only simplifies the staking process but also meets the unique needs for each of our unique and diverse clients. </p><h2 id="about-origin"><strong>About Origin</strong></h2><p>Origin Protocol is a longstanding Ethereum DeFi project focused on creating economic opportunities through permissionless multichain protocols. Their suite of products, including Origin Ether (OETH) and Origin Dollar (OUSD), are designed to enhance yield generation. These products integrate seamlessly across the DeFi ecosystem, allowing users to earn and compound returns on-chain.</p><p>Origin Protocol’s ecosystem is underpinned by the Origin Token (OGN), which serves as the governance and value-accrual token. Users can stake OGN to receive xOGN, gaining a share of the protocol’s revenue and voting rights in the governance process. The team behind Origin comprises experienced entrepreneurs and professionals from major tech firms, backed by prominent investors like Pantera Capital and Foundation Capital.</p><h2 id="introducing-the-ssv-white-label-node-solution"><strong>Introducing the SSV White-Label Node Solution</strong></h2><p>Our SSV White-Label Node solution allows clients to register validators on exclusive SSV private nodes dedicated solely to their use. This new offering brings several key advantages:</p><ul><li><strong>Customization: </strong>Clients can tailor their nodes based on specific requirements, such as geographical location and the choice of Consensus Layer (CL) and Execution Layer (EL) to run. </li><li><strong>Ease of Operation: </strong>With private nodes, we can significantly reduce the amount of $SSV required to run an SSV cluster. Public nodes typically require 6.5 $SSV per year. However, with our private nodes, we can set the operator fee to 0, so users only need to pay around 0.5 $SSV per year in network fees.</li><li><strong>Automation via DVT API:</strong> Our solution automates the entire SSV registration and validator deposit process through our DVT API, eliminating manual steps and streamlining operations. You can also learn more about our API integration from our <a href="https://docs.p2p.org/docs/getting-started-ssv?ref=p2p.org">integration guide</a>.</li></ul><h2 id="partnership-with-origin"><strong>Partnership with Origin</strong></h2><p>We have partnered with Origin to deploy this new solution, demonstrating the powerful capabilities of our SSV White-Label Node. We have set up eight dedicated SSV nodes for Origin, four of which have already reached their maximum capacity of 500 validators each. </p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/image--1-.png" class="kg-image" alt loading="lazy" width="1078" height="586" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/image--1-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/image--1-.png 1000w, https://p2p.org/economy/content/images/2024/07/image--1-.png 1078w" sizes="(min-width: 720px) 720px"></figure><p><strong>This means that Origin has staked nearly 24,000 ETH using our new solution.</strong> Additionally, four more nodes are ready to be filled, with more ETH to be staked.</p><p>One of the key benefits Origin is experiencing with our solution is a drastic reduction in operational costs from the amount of $SSV tokens required up-front. For example, maintaining 146 days of operational runway requires only 105 SSV ($3,666) with our solution. Without it, achieving the same coverage would necessitate 1366.17 SSV ($47,788). This represents a significant saving in efforts from buying large amounts of SSV tokens upfront to register so many validators.</p><h2 id="looking-ahead"><strong>Looking Ahead</strong></h2><p>The launch of the SSV White-Label Node solution represents a major advancement in decentralized staking technology. This partnership with Origin is just the beginning. As we continue to develop and refine our solutions, we look forward to offering even more innovative and cost-effective options to our clients.</p><p>Stay connected with P2P.org for more updates and developments in the decentralized validation technology space. For more information, visit our website or join our official community Telegram channel.</p><p>Together, we are pushing the boundaries of decentralized finance, creating a more secure and efficient future for the Ethereum ecosystem.</p><h2 id="about-p2p-validator"><strong>About P2P Validator</strong></h2><p><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider, with $7B from over 10,000 delegators/nominators across different high-class networks. Developing the SaaB (Staking-as-a-business) model, we help networks, exchanges, custodians, and institutions build their staking products and create new revenue streams.</p><hr><p>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram</a> chat or contact Alessandro via <a href="mailto:[email protected]" rel="noreferrer">[email protected]</a>. We are always open to communication.</p><hr><p><strong>Web:</strong> <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong>Read about SaaB:</strong> <a href="https://x.com/P2Pvalidator/status/1778388967940902972?ref=p2p.org">https://x.com/P2Pvalidator/status/1778388967940902972</a></p><p><strong>Twitter:</strong> <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong>Telegram:</strong> <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>
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