Near A look at the Top 5 most exciting events in Near history

<p>It has been a little over two years since Near's mainnet launched and a wave of web 3.0 mass adoption started. The network has achieved over 20M accounts, 200M transactions and 800 on-chain projects.</p><p>We at P2P have decided to look back at the history of Near and highlight the events that caused the highest on-chain activity. We analyzed the dynamics of the daily number of transactions and new accounts, gathered data on how many likes Near official Twitter account collected and present all of this on a chart. Through our analysis, we spotted 5 big spikes and examined the events that caused them.</p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/p-k8p0tT1bSupBucMyf6ycLmnE9LtwWx828km08s1AXwNARd4R6PHiOnKuksk2_lzmz5cTpxum9BZqmu8pOPMcDQAz1DZHf4_HZ9UtCPyHBHHerb1Y3_5mP1uKA9AvFSQtLd0TpPl-z9aUcVMp2laBR19SQTiq0AH8kL6GoHhTrWNqo-DOMrDn1sN-unLA" class="kg-image" alt="Near blockchain transactions" loading="lazy"></figure><h3 id="huge-funding-raisejanuary-10-to-16-2022">Huge Funding Raise -  January 10 to 16, 2022 </h3><p>On January 10, 2022, Forbes listed Near as the 3rd fastest-growing crypto ecosystem, based on the growth of the number of full-time developers from 2020 to 2021. This tweet became the most-liked in the history of @NEARprotocol (33.7k likes and 2.7k retweets). As of today, Near is still in the top 4 by weekly active developers.</p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/MTJRdrelmBd2WgA3SZU-viQejaVA4o1oCHg4DpkC5ZnNXynz9USvmvcTYUBypGiAuFgoUYf_5P4iq2S41v5aTt6dFVeP0fD1-hOCcJKofHG4qHIn49MVPXUI4Lv1mHk-Zn0ypYtwNCxfXBM5mgXxUUYjXECUj0ZniKDUrgJySzqWS4l9eJMlNsWSa6MbJg" class="kg-image" alt="The 10 Fastest-Growing Cruptoccurency Ecosystems" loading="lazy"></figure><p>Shortly after, Near raised $150 million, supported by crypto-native funds including Mechanism Capital, Dragonfly Capital, a16z, Jump, Zee Prime, FoliuBN s, Amber Group, 6th Man Ventures, Circle Ventures, and MetaWeb Ventures.</p><p>“With multichain interoperability of Rainbow Bridge, Aurora (EVM), Octopus (Substrate), and NEAR native’s Nightshade sharding technology, NEAR is best suited for empowering blockchain applications for mainstream adoption,” said Amos Zhang, founder of MetaWeb Ventures.</p><p>Taking into consideration that only $65.9M were previously raised, such a massive investment led to a surge in interest in Near and the second-largest spike in the number of transactions and accounts was registered (up to 1.8M transactions and 0.6M new accounts a day).</p><h3 id="nft-boom-and-near-crowdmarch-15-to-21-2022">NFT BOOM and NEAR Crowd - March 15 to 21, 2022</h3><p>From March 15 to March 21, the Near network reached over 1M transactions and 270k accounts. During this time the Network achieved over 4 million total accounts and was equipped with strong developer tools attracting more and more enthusiasts to build their project.</p><p>One such project was NEARApss - an NFT platform that provided a convenient way to create and share digital art. On 20th March it generated over 500k transactions but shortly after became inactive.</p><p>The second most popular dApp back then which generated over 39k transactions/day was NEAR Crowd. It is a service that allows people to earn NEAR by completing small tasks like describing an image, writing an article or transcribing short audio clips, which are usually aimed at training machine learning algorithms. To ensure tasks are completed properly, some people are paid to verify that tasks were completed accurately. To keep these workers vigilant, honeypots exist. Honeypots are tasks that are intentionally completed with mistakes.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/11/image.png" class="kg-image" alt="NEAR crowd - complete tasks to earn NEAR" loading="lazy" width="1600" height="1151" srcset="https://p2p.org/economy/content/images/size/w600/2022/11/image.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/11/image.png 1000w, https://p2p.org/economy/content/images/2022/11/image.png 1600w" sizes="(min-width: 720px) 720px"></figure><p>For small tasks, the price varies from 0.1 to 1 NEAR while more significant tasks could pay up to 5 NEAR. Working 2-3h a day could generate a 400-800$ income per month.</p><h3 id="sweatcoinmay-1-to-6-2022">Sweatcoin - May 1 to 6, 2022</h3><p>In April 2022 Sweatcoin announced a partnership with Near. On May 4th Sweatcoin airdrop generated over 0.5M transactions which made the network exceed 1.2M daily transactions.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/11/image-2.png" class="kg-image" alt="Sweatcoin - earn SWEAT" loading="lazy" width="1600" height="829" srcset="https://p2p.org/economy/content/images/size/w600/2022/11/image-2.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/11/image-2.png 1000w, https://p2p.org/economy/content/images/2022/11/image-2.png 1600w" sizes="(min-width: 720px) 720px"></figure><p>Sweatcoin is a free app that rewards users’ daily steps with a native token SWEAT. It’s the #1 app in over 60 countries and has 120M+ accounts.</p><p>Right now you can earn 1 SWEAT - which is around 0.02$ - for every 1 000 steps. However, tokens get increasingly more difficult to mint as time passes. This means that over time it will require increasingly more steps to gain SWEAT. It is also only possible to mint SWEAT for the first 5000 steps done each day, the subsequent 5000 will reward you with Sweatcoin - a token that can not be traded and is only used for rewards in the Sweatcoin shop.</p><h3 id="pizzamakeraugust-21-to-22-2022">Pizzamaker - August 21 to 22, 2022</h3><p>On August 22, we witnessed the largest spike in transactions in Near history. Over 2M transactions and more than 75% came from one account named “pizzamaker.near”.</p><p>No one knows for sure what was the real purpose behind those transactions. We analyzed the behaviour of this account and noticed that most of the transactions were related to Ref Finance and Jumbo, the biggest exchange platforms on Near. He was active from February 2022 and on average sends around 2k transactions per day. However, on August 20 and 21 this account made 1.2M and 1.6M transactions respectively and paid over $15k in fees. Taking everything into consideration,  we assume that this is an arbitrage bot that was misconfigured at that point in time.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/11/image-5.png" class="kg-image" alt="Near transactions by month 2022" loading="lazy" width="1600" height="693" srcset="https://p2p.org/economy/content/images/size/w600/2022/11/image-5.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/11/image-5.png 1000w, https://p2p.org/economy/content/images/2022/11/image-5.png 1600w" sizes="(min-width: 720px) 720px"></figure><h3 id="nearconseptember-11-to-14-2022">Nearcon - September 11 to 14, 2022</h3><p>On September 11, the Near foundation held the incredible Nearcon event. It took place in Lisbon and had 3 giant stages and over 220 speakers. Big announcements were expected at this conference and it attracted more than 100k new users every day which fueled the network with more than 1M transactions per day.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/11/image-1.png" class="kg-image" alt="Nearcon 2022 in Lisbon" loading="lazy" width="1600" height="901" srcset="https://p2p.org/economy/content/images/size/w600/2022/11/image-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/11/image-1.png 1000w, https://p2p.org/economy/content/images/2022/11/image-1.png 1600w" sizes="(min-width: 720px) 720px"></figure><p>Here’s a highlight of the most notable announcements:</p><p><strong>Nightshade Sharding Phase 1 launch</strong> - an important mechanism that helps scale the network and keep transaction fees low.</p><p><strong>Javascript SDK release</strong> - a collection of software development tools, that made it possible to write smart contracts in JavaScript, by far one of the most popular programming languages. The Near network and web3.0 apps became accessible to 12 million JS developers.</p><p><strong>USDT release</strong> - USDT is a popular stablecoin and it was announced to be launching on Near.</p><p><strong>NDC introduction</strong> - a community-driven initiative to empower ecosystem-wide decentralization through transparent governance, on-chain decision-making and treasury management.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/11/image-3.png" class="kg-image" alt="NEAR" loading="lazy" width="1600" height="806" srcset="https://p2p.org/economy/content/images/size/w600/2022/11/image-3.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/11/image-3.png 1000w, https://p2p.org/economy/content/images/2022/11/image-3.png 1600w" sizes="(min-width: 720px) 720px"></figure><p>For the past 2 years, Near has seen a lot of activity and growth. There’s still a lot more to come and at P2P we are excited to be part of this journey. </p><p>To support the community and celebrate NEAR, we are offering a 0% fee on Near staking until the end of 2022. Visit <a href="p2p.org/near">p2p.org/near</a> for more details. </p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/11/image-4.png" class="kg-image" alt="Near staking - 0% fee" loading="lazy" width="1600" height="901" srcset="https://p2p.org/economy/content/images/size/w600/2022/11/image-4.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/11/image-4.png 1000w, https://p2p.org/economy/content/images/2022/11/image-4.png 1600w" sizes="(min-width: 720px) 720px"></figure><hr><h3 id="about-p2p"><strong>About P2P</strong></h3><p><a href="https://p2p.org/">P2P Validator</a> is a world-leading staking provider with the best industry security practices and proven expertise. We provide comprehensive due diligence on digital assets and offer only top-notch staking opportunities. At the time of the latest update, <strong><strong>more than 1,5 billion USD is staked with P2P Validator by over 25,000 delegators across 25+ networks.</strong></strong> </p><p></p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p>

P2P Validator

from p2p validator

Near Near Incident - Post Mortem

<h2 id="tldr"><strong>TLDR</strong></h2><p><br>Due to a sudden spike of transactions, mainnet validator node ran out of disk space, leading to inability to produce blocks and corruption of the node state.</p><h2 id="what-happened"><strong>What happened?</strong></h2><p><br>Disk usage grew quite fast and mainnet pool p2p-org.poolv1.near stopped producing blocks since ~07:00 UTC on 16th of January. Epoch ended ~10:00 UTC and by that time the node had surpassed the epochal kick-out threshold for downtime. Therefore, it was scheduled for temporary kick-out for the next two epochs. While resolving the issue, the validator remained offline for the following epoch resulting in one additional forfeit epoch. Overall, the node was offline for ~3,25 epochs and the validator pool lost 4 full epochs of staking rewards.</p><h2 id="what-went-wrong"><strong>What went wrong?</strong></h2><p><br><strong>The potential impact of the issue was underestimated.</strong></p><p>It was expected to rely on a recent state snapshot that would be readily available. We had no cold backup of a recent node state while available backup nodes were subject to the same issue leading to a loss of access to a synced node. In fact, the official public back-up archives were corrupted too. A <a href="https://github.com/near/nearcore/issues/6095">GitHub issue</a> was created afterwards.</p><p><strong>Monitoring was insufficient.</strong></p><p>Near validation infrastructure was undergoing an overhaul, some monitoring facilities were offline. It was expected that the amount of space used on disk would grow more or less linearly. With ~100 GiB of free space it could last for a month. Space clogged up in a matter of days while disk monitoring was not set appropriately to catch the spike and warn in advance.</p><h2 id="what-went-well"><strong>What went well?</strong></h2><p><br>It was immediately notified that node stopped producing blocks and the root cause was identified almost simultaneously. Quite a few validators were affected by the issue, and the community was very helpful.</p><h2 id="impact-on-clients"><strong>Impact on clients</strong></h2><p><br>All our Near delegators were affected and lost four epochs of staking rewards. To compensate our delegators in full and mitigate their loss, P2P waived the fees until the end of February.</p><h2 id="lessons-learned"><strong>Lessons learned</strong></h2><p><br>We should have had better monitoring and collecting disk usage metrics from all nodes at all times including mainnet, backup and Near RPC node. It is important to ensure that back-up nodes are running &amp; synced at all times. In addition, it is important to establish the process of making cold snapshots of the node state on a regular basis and spread this practice to all available networks.</p><p>P2P takes full responsibility for the event that led to the weak performance and we are sorry for the inconvenience. Please be assured that P2P is taking actions to eliminate even a small probability of such an event occurring in future.</p><hr><p><em>If you have any questions feel free to join our</em><a href="https://t.me/P2Pstaking"><em> Telegram chat</em></a><em>, we are always open for communication. </em><br><em>Special thanks to Evgeny Kuzyakov &amp; DenysK for providing a state snapshot and general support.</em></p><hr>

Romain Van Der Cam

from p2p validator

Near NEAR Protocol - Network Overview

<p><a href="https://p2p.org/near">NEAR Protocol</a> is an open-source platform built to streamline the development and growth of decentralized applications (dApps). </p><p>NEAR is designed with security and performance at the core, allowing developers to create applications which manage high-value assets including money, identity and contractual information, whilst at the same time allowing for quick and efficient access. </p><p>With a focus on providing developers with a clean, user-friendly experience, NEARs approach to development is one focused around accessibility and scaling blockchain applications to accelerate the world’s transition to open, decentralized technologies. The protocol is a public, sharded, developer-friendly, proof-of-stake blockchain, making it an efficient platform due to its scalability and ease of use.</p><p>NEAR is compatible with Ethereum 1.0 today providing a complete integration with Solidity contracts (without the need for rewrites). Furthermore, an ETH-NEAR bridge allows for cross-chain interoperability and communication. This provides developers with flexibility and removes the need to fully commit to just one tech stack. </p><h2 id="market-size-potential">Market Size &amp; Potential</h2><p>Near Protocol was launched in 2020 with a vision to give back control of financial assets and sensitive data to the users to which it belongs, with an ambition to build digital infrastructure for a new internet where evil actors are barred from manipulating it.</p><p>Similar to what has been developed by Ethereum and Polkadot, NEAR is a base-layer blockchain allowing for applications and programs to be built on top of it. Imagine Amazon’s AWS, except controlled by the NEAR community. </p><p>Through the use of <a href="https://near.org/blog/the-beginners-guide-to-the-near-blockchain/">Sharding</a>, NEAR has a capacity to scale up significantly beyond the capabilities of existing blockchain solutions. Unlike with non-sharded networks, transaction fees on the NEAR network can be kept low due to congestion on the network being alleviated through dynamically expanding the system’s capacity via resharding.</p><h2 id="token-allocation-utility">Token Allocation &amp; Utility</h2><p>The NEAR platform is built around NEAR - a token which enables holders to use, build and deploy applications, take part in the governance of the network and earn staking rewards in the process.</p><!--kg-card-begin: markdown--><p> </p> <!--kg-card-end: markdown--><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/RzQWj6MXQhRsAoLx2H9SwVaV0csfZ3IuJTF25tpNLZyVdd7W3rQcm1bFH7HDq0woP0xvXDnj0jr5yC8v3Tec1s4Y9WUkqNRDRWTzs-9BW7XFWB6LKD5E5MJv9XamXSEBQFtiLs-8" class="kg-image" alt loading="lazy"></figure><!--kg-card-begin: markdown--><p> </p> <!--kg-card-end: markdown--><p>The NEAR token sale was conducted in August 2020 with a fundraising goal of $12,500,000 which was successfully met. Investors include MetaStable, Electric Capital, Accomplice, SVAngel, Amplify and HomeBrew. </p><!--kg-card-begin: markdown--><p> </p> <!--kg-card-end: markdown--><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/QDO53uGsKFjvI_svYrUOV6y0DXL8PXBkJGViIPZ3mU2h0EUVkxxt5qahiDMkvNT65-YZcpDdo-XeyhjQT0lqnjGIDWRVJjracdZryC63zsh7GUswd4wEbQ6c3ZXnj7MUmeDBipvq" class="kg-image" alt loading="lazy"></figure><!--kg-card-begin: markdown--><p> </p> <!--kg-card-end: markdown--><p>The NEAR token is the manner in which users - developers, builders, community members, use applications on top of the NEAR network. By “use”, this refers to e.g. submitting transactions on the network. This makes the NEAR token an essential utility unit within the network.</p><p>The network utilises a “gas” model very similar to that deployed by Ethereum used to pay for transactions on chain. Through a “block-rewards-with-burn” model, NEAR supply decreases over time as token supply is burned with rates of high usage. The annual token emission is 5%, while the final inflation can fluctuate based on usage and transaction burns.</p><p>Even a negative inflation is a possibility based on the amount of fees burned. The effective inflation rate is calculated every epoch (½ a day). </p><p>NEAR validators are rewarded with a predetermined inflationary reward with incentives aligned to incentivise enhanced network usage through improving validator return rates and security.</p><h2 id="slashing-risk">Slashing Risk</h2><p>Currently slashing is turned off but it is considered to be added with an increase of shards in the system. </p><p>NEAR validators can be penalised in two primary ways resulting in a partial loss of a delegated stake:</p><ol><li>Double Signing: Signing two blocks at the same height.</li><li>Invalid Chunks: Producing a chunk with invalid data.</li></ol><p>These types of errors can occur for a number of reasons, both due to malicious intentions, as well as due to non-malicious errors or misconfigurations.</p><p>To better manage the risk of accidental slashing, NEAR network uses a progressive slashing system where the portion of slasked stake is a multiple of the amount of stake that exhibited the double signing behavior during the epoch in question.</p><h2 id="useful-near-resources">Useful NEAR Resources</h2><ul><li><a href="https://near.org/">Website</a></li><li><a href="https://near.org/papers/the-official-near-white-paper">Whitepaper</a></li><li><a href="https://near.org/blog/">Blog</a></li><li><a href="https://github.com/near">Github</a></li><li><a href="https://twitter.com/nearprotocol">Twitter</a></li><li><a href="https://t.me/cryptonear">Telegram</a></li></ul><p>To learn more about delegating NEAR with P2P, visit <a href="http://www.p2p.org/near">www.p2p.org/near</a>. </p><h2 id="about-p2p-validator">About P2P Validator</h2><p><a href="https://p2p.org/">P2P Validator</a> is a world-leading non-custodial staking provider securing more than $3 billion in staked assets by over 10,000 delegators across 25+ high-class networks. Our infrastructure is under advanced monitoring with alerts and 24/7 technical support making it the best choice for institutional investors.</p><hr><p><em><strong>Web</strong></em>: <a href="https://p2p.org">p2p.org</a><br><em><strong>Stake NEAR with us</strong></em>: <a href="https://p2p.org/near">p2p.org/near</a><br><strong><em>Twitter</em></strong>: <a href="https://twitter.com/P2Pvalidator">@p2pvalidator</a><br><em><strong>Telegram</strong></em>: <a href="https://t.me/P2Pstaking">t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

Near Near Protocol (NEAR) Staking Guide

<p><em>The following guide walks you through the process of NEAR staking. This guide is for those who already have a funded NEAR account. If you don’t, go to </em><a href="https://wallet.near.org/"><em>wallet.near.org</em></a><em>  to set up an account.</em></p><hr><p>Near Protocol (NEAR) is an open-source platform which is designed to build and empower decentralised applications. NEAR token holders can stake their tokens to earn up to 11% APY. </p><p>The following guide walks you through the Near staking using <a href="https://wallet.near.org/">Near Wallet</a>. Near Wallet is a Near specific wallet which lets you store, send and stake your tokens.</p><hr><h3 id="staking-near-protocol-near-video-guide">Staking Near Protocol (NEAR): Video Guide</h3><p></p><!--kg-card-begin: markdown--><iframe width="560" height="315" src="https://www.youtube.com/embed/aRXNQlEa4D4" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe><!--kg-card-end: markdown--><hr><h3 id="staking-near-using-near-wallet">Staking NEAR using Near Wallet</h3><p></p><p>1. Import your account from <a href="https://wallet.near.org/"><em>wallet.near.org/</em></a> and access it. If you use ledger make sure that firmware and NEAR application is up to date.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/01/image-1.png" class="kg-image" alt loading="lazy" width="2000" height="895" srcset="https://p2p.org/economy/content/images/size/w600/2022/01/image-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/01/image-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/01/image-1.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/01/image-1.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>2. Navigate to the <em>Staking</em> tab and press <em>Stake My Tokens.</em></p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/01/image-2.png" class="kg-image" alt loading="lazy" width="2000" height="630" srcset="https://p2p.org/economy/content/images/size/w600/2022/01/image-2.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/01/image-2.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/01/image-2.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/01/image-2.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>3. Look for a validator you wish to stake with or simply type its name in the search bar.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/01/image-3.png" class="kg-image" alt loading="lazy" width="2000" height="642" srcset="https://p2p.org/economy/content/images/size/w600/2022/01/image-3.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/01/image-3.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/01/image-3.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/01/image-3.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>4. Press on <em>Stake With Validator.</em></p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/01/image-4.png" class="kg-image" alt loading="lazy" width="2000" height="519" srcset="https://p2p.org/economy/content/images/size/w600/2022/01/image-4.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/01/image-4.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/01/image-4.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/01/image-4.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>5. Specify the amount you wish to stake or click on the <em>Use Max</em> button in case you want to delegate the whole available balance. Scroll down and press <em>Submit Stake</em>.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/01/image-8.png" class="kg-image" alt loading="lazy" width="2000" height="889" srcset="https://p2p.org/economy/content/images/size/w600/2022/01/image-8.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/01/image-8.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/01/image-8.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/01/image-8.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>6. Confirm staking in the new window.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/01/image-10.png" class="kg-image" alt loading="lazy" width="2000" height="787" srcset="https://p2p.org/economy/content/images/size/w600/2022/01/image-10.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/01/image-10.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/01/image-10.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/01/image-10.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>7. Approve the transaction on your hardware wallet if you use Ledger. You will be asked to authorize two transactions.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/02/7confirm-with-a-ledger.PNG" class="kg-image" alt loading="lazy" width="1893" height="868" srcset="https://p2p.org/economy/content/images/size/w600/2021/02/7confirm-with-a-ledger.PNG 600w, https://p2p.org/economy/content/images/size/w1000/2021/02/7confirm-with-a-ledger.PNG 1000w, https://p2p.org/economy/content/images/size/w1600/2021/02/7confirm-with-a-ledger.PNG 1600w, https://p2p.org/economy/content/images/2021/02/7confirm-with-a-ledger.PNG 1893w" sizes="(min-width: 720px) 720px"></figure><p>8. If everything is fine you will see a <em>Success</em> window. Your stake will start generating rewards from the next epoch (~12-14h). Those rewards are automatically added to the active stake. To <em>claim rewards or change a validator</em> you will need to <em>undelegate and wait for 36-52h</em> before withdrawing.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/01/image-11.png" class="kg-image" alt loading="lazy" width="2000" height="895" srcset="https://p2p.org/economy/content/images/size/w600/2022/01/image-11.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/01/image-11.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/01/image-11.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/01/image-11.png 2400w" sizes="(min-width: 720px) 720px"></figure><hr><p><em>If you have any questions, feel free to ask in our </em><a href="https://t.me/P2Pstaking"><em>Telegram chat</em></a><em>. We are always open for communication.</em></p><hr><h2 id="about-p2p-validator">About P2P Validator</h2><p>P2P Validator is a world-leading staking provider with the best industry security practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only top-notch staking opportunities. <strong>At the time of the latest update, more than three billion of USD value is staked with P2P Validator by over 10,000 delegators across 25+ networks</strong>. Our infrastructure is under advanced monitoring with alerts and 24/7 technical support making it the best choice for institutional investors.</p><hr><p><em><strong>Web</strong></em>: <a href="https://p2p.org">p2p.org</a><br><em><strong>Stake NEAR with us</strong></em>: <a href="https://p2p.org/near">p2p.org/near</a><br><strong><em>Twitter</em></strong>: <a href="https://twitter.com/P2Pvalidator">@p2pvalidator</a><br><em><strong>Telegram</strong></em>: <a href="https://t.me/P2Pstaking">t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator