P2P.org is entering a new chapter. After years building one of the world's most trusted staking operations — $10+ billion in assets, #1 rankings on Solana and Ethereum by APR, zero slashing incidents — the company is now focused on a larger challenge: building the yield infrastructure the industry will run on for decades.
Founder Konstantin Lomashuk has assumed the role of CEO at a moment when institutional clients and platforms need more than validators. They need secure, scalable systems that can deliver yield across assets while operating within real-world regulatory constraints. P2P.org is positioning itself to deliver exactly that.
The institutional staking market has matured considerably. Treasury managers understand staking's value proposition. Custodians have built integration capabilities. Asset managers are allocating to staking strategies at scale.
But the next phase requires different infrastructure. Institutions need:
P2P.org's validator operations established the foundation. The company's perfect track record — 99.9% uptime across 40+ networks with zero slashing incidents — demonstrates the operational rigor institutions require. The leadership shift signals P2P.org's commitment to building on that foundation.
Lomashuk brings a track record of building infrastructure before markets fully form. He founded P2P.org and Cyber.Fund, a long-term investment firm focused on blockchain infrastructure and protocol development. He was an early backer in Ethereum and Solana, and co-founded Lido, the world's largest liquid staking protocol.
That experience shapes his view of what comes next.
"The industry is hungry for more than validators," said Lomashuk. "It needs a real yield engine. This is a chance to go from zero to one at the infrastructure layer — not by starting over, but by building what has never existed at industry scale. We're taking the trust we've earned and using it to build the ultimate institutional yield engine the industry will run on for decades."
As CEO, Lomashuk will lead long-term strategy, security standards, and the development of new yield products across digital asset classes. The focus extends beyond staking to encompass the full spectrum of yield generation opportunities institutions are exploring.
To maintain execution discipline while pursuing category-defining innovation, P2P.org has introduced a Co-CEO structure. Konstantin Zaitcev, former co-founder and CEO of dRPC.org, joins as Co-CEO alongside Lomashuk.
The division of responsibilities is explicit:
Zaitcev brings experience building and scaling infrastructure businesses. He'll oversee day-to-day operations as P2P.org expands its product footprint across assets, networks, and use cases.
This structure enables P2P.org to pursue ambitious product development while maintaining the operational excellence institutional clients require. Vision without execution creates vaporware. Execution without vision creates commoditization. The Co-CEO model addresses both imperatives.
The leadership transition builds on the tenure of Alex Esin, who led P2P.org through exponential growth over the past three years. Under Esin's leadership, P2P.org achieved:
"We've achieved exactly what we set out to do — building a dominant, high-performance machine that leads the market," said Esin. "The foundation is rock-solid, and I can't think of a better setup than having Konstantin return to drive the next wave of innovation."
Esin will continue supporting P2P.org in an advisory role, ensuring continuity as the company expands its mandate.
The industry is evolving beyond standalone staking. Platforms and institutions now need systems that can:
P2P.org's validator operations demonstrated the company's ability to deliver on security, uptime, and performance. The move toward full-stack yield infrastructure applies that same rigor to a broader set of capabilities.
This isn't incremental improvement. It's category creation — building the infrastructure layer that will support institutional yield generation as digital asset adoption accelerates.
With founder leadership in place and execution ownership clearly defined, P2P.org is focused on building yield infrastructure designed not just for today's market conditions, but for the next generation of digital asset finance.
The company's track record provides the foundation. The leadership structure enables both vision and execution. The market opportunity is clear — institutions need yield infrastructure that combines the security and compliance they require with the innovation digital assets enable.
P2P.org is building to meet that need.
<p>Zama has opened its <strong>auction phase</strong>, marking the first step in the network’s staking rollout.</p><p>The auction allows participants to acquire ZAMA tokens ahead of delegation. <strong>Staking will follow approximately two weeks later</strong>, at which point delegators will be able to actively stake with validators on the network.</p><p>P2P.org is participating as one of <strong>18 genesis operators</strong> selected to support the network at launch and will operate a validator once delegation is enabled.</p><h2 id="what-is-zama"><strong>What Is Zama</strong></h2><p>Zama is building infrastructure to enable privacy-preserving computation, allowing applications to process sensitive data while keeping it confidential.</p><p>FHE enables computation to be performed directly on encrypted data, without requiring decryption at any point. For blockchain systems, this unlocks new categories of applications where sensitive data can be processed onchain while remaining confidential.</p><p>This cryptographic design introduces different requirements at the infrastructure layer, particularly around compute, performance, and validator responsibilities. Zama’s network is built to support these constraints from the ground up.</p><h2 id="how-the-auction-works"><strong>How the Auction Works</strong></h2><p>The auction phase is the <strong>entry point</strong> to Zama’s staking lifecycle.</p><p>Participants acquire ZAMA during the auction and position themselves ahead of delegation. While tokens are not staked yet, the auction establishes early network participation and prepares participants for staking once delegation is enabled.</p><p>Delegation to validators is expected to open approximately <strong>two weeks after the auction</strong>, at which point staking becomes active.</p><h2 id="participate-using-the-p2porg-referral-code"><strong>Participate Using the P2P.org Referral Code</strong></h2><p>During the auction phase, participants can enter a <strong>P2P.org referral code: JYT407</strong> to receive a <strong>+5% bonus in tokens</strong>.</p><p>This referral incentive applies only during the auction and is designed to reward early participants who plan to stake once delegation becomes available.</p><h2 id="why-p2porg"><strong>Why P2P.org</strong></h2><p>P2P.org’s involvement in Zama goes beyond operating a standard validator.</p><p>On Zama, P2P.org operates as an <strong>FHE co-processor</strong>, supporting the cryptographic compute workloads that are core to the network’s architecture. This infrastructure alignment enables <strong>higher APR compared to standard validators</strong>, driven by optimized execution and deeper protocol integration.</p><p>Once delegation is enabled, participants will be able to stake directly with the P2P.org validator.</p><h2 id="what-happens-after-the-auction"><strong>What Happens After the Auction</strong></h2><p>After the auction concludes:</p><ul><li>Staking will be enabled approximately <strong>two weeks later</strong></li><li>Delegation to validators will open</li><li>P2P.org’s validator will be available for staking</li></ul><p>Participants who join the auction early will already be positioned to stake as soon as delegation is live.</p><h2 id="how-to-participate"><strong>How to Participate</strong></h2><ul><li>Visit the official Zama staking portal</li><li>Enter the <strong>P2P.org referral code</strong> <strong>JYT407 </strong>during the auction</li><li>Prepare to delegate to the P2P.org validator once delegation is enabled</li></ul><p>Staking portal:<a href="https://staking.zama.org/?ref=p2p.org"> <u>https://staking.zama.org/</u></a></p><h2 id="closing-note"><strong>Closing Note</strong></h2><p>The auction phase marks the start of Zama’s staking lifecycle, setting the foundation for validator participation and long-term network security.</p><p>P2P.org’s focus is to support this transition by operating infrastructure aligned with Zama’s cryptographic design and remaining active through both the auction and delegation phases.</p><p>Further updates will follow as staking and delegation are enabled.</p>
from p2p validator
<h2 id="at-a-glance">At a Glance:</h2><ul><li>Betsabe Botaitis joins P2P.org as CFO, bringing 20+ years of finance leadership across TradFi, fintech, and Web3</li><li>Her appointment strengthens P2P.org's institutional-grade financial operations as demand for reliable staking infrastructure accelerates</li><li>Botaitis previously served as CFO at Hedera, managing billions in digital assets and leading financial modernization initiatives</li><li>She will oversee finance, treasury, and operational functions to support P2P.org's continued global expansion</li></ul><p>P2P.org is strengthening its financial leadership with the appointment of Betsabe Botaitis as Chief Financial Officer. Botaitis brings more than two decades of experience building financial systems across traditional finance, fintech, and Web3—experience that positions P2P.org to scale its institutional staking operations with the rigor and transparency institutional clients demand.</p><h2 id="why-this-matters-for-institutional-staking"><strong>Why This Matters for Institutional Staking</strong></h2><p>The institutional staking landscape continues to mature. Treasury managers, asset managers, and custodians increasingly view staking as a core component of their digital asset strategies, but they need infrastructure partners who operate with the same financial discipline they expect from traditional counterparts.</p><p>Botaitis's appointment reflects P2P.org's commitment to this institutional standard. Her track record spans Citigroup, LendingClub, and most recently Hedera — where she managed hundreds of millions in fiat and billions in digital assets while modernizing treasury operations and establishing governance frameworks aligned with institutional expectations.</p><h2 id="from-traditional-finance-to-decentralized-infrastructure"><strong>From Traditional Finance to Decentralized Infrastructure</strong></h2><p>Botaitis's career path mirrors the evolution of digital asset infrastructure itself. Starting in retail banking before moving through senior finance roles at major institutions, she later co-founded and served as CFO of a blockchain company. This combination of traditional financial discipline and crypto-native understanding makes her particularly well-suited to support P2P.org's institutional clients.</p><p>Her recognition among CoinDesk's Top 50 Women in Web3 & AI and as an Ambassador at Fortune's Most Powerful Women Summit reflects her standing across both traditional and decentralized finance.</p><h2 id="what-botaitis-brings-to-p2porg"><strong>What Botaitis Brings to P2P.org</strong></h2><p>At Hedera, Botaitis led the company's first financial audit, implemented enterprise risk management programs, and scaled treasury operations to meet institutional requirements. She brings hands-on experience with:</p><ul><li>Complex treasury management across fiat and digital assets</li><li>Building governance and reporting practices for regulatory environments</li><li>Scaling finance teams through periods of rapid growth</li><li>Working with boards, global partners, and institutional clients</li></ul><p>At P2P.org, she'll oversee finance, treasury, planning, and operational functions—ensuring the company's financial infrastructure continues to support both current institutional clients and future growth.</p><h2 id="supporting-p2porgs-next-chapter"><strong>Supporting P2P.org's Next Chapter</strong></h2><p>"Betsabe adds immediate strategic value as we expand across markets and deepen our global footprint," said Alex Esin, CEO of P2P.org. "Her international experience, combined with hands-on leadership through every company lifecycle stage — from early growth and M&A to working with large institutions — gives us the financial leadership needed to execute our long-term vision."</p><p>For Botaitis, the opportunity aligns with her view of staking's broader role in blockchain sustainability. "P2P.org has built trusted, enterprise-class infrastructure in institutional staking, and I'm excited to support its next phase of growth, particularly as demand increases in the U.S. and Latin America," she said. "I'm passionate about how staking secures blockchain networks, fosters ecosystem sustainability, and enables decentralized financial ecosystems. I'm committed to helping accelerate our momentum, strengthening our financial architecture, and supporting sustainable growth at global scale."</p><h2 id="the-institutional-imperative"><strong>The Institutional Imperative</strong></h2><p>P2P.org operates validator infrastructure across 50+ networks with over $12 billion in staked assets. The company maintains a zero-slashing track record and 99.9% uptime while serving institutional clients who require seamless integration with custody providers, comprehensive reporting, and automated reward distribution.</p><p>As institutional adoption of staking continues to accelerate, the financial operations supporting that infrastructure matter more than ever. Treasury managers need transparent, decision-quality data. Compliance teams need audit trails that meet regulatory standards. Finance teams need partners who understand both blockchain technology and institutional financial requirements.</p><p>Botaitis's appointment strengthens P2P.org's ability to deliver on all three.</p>
from p2p validator