How to Delegate GRT Tokens for the Graph Network: A Beginner's Guide

<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.&nbsp;</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.&nbsp;</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.&nbsp;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.&nbsp;</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>&nbsp;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&nbsp;<a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram</a>&nbsp;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>&nbsp;<a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong>Read about SaaB:</strong>&nbsp;<a href="https://x.com/P2Pvalidator/status/1778388967940902972?ref=p2p.org">https://x.com/P2Pvalidator/status/1778388967940902972</a></p><p><strong>Twitter:</strong>&nbsp;<a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong>Telegram:</strong>&nbsp;<a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>

<p><strong>Babylon is a Bitcoin Staking Protocol that allows Bitcoin holders to stake their BTC, providing security for different PoS systems. </strong>As a result, BTC holders can gain rewards on their capital in the tokens of PoS systems they support. On the other hand, different blockchains or DA layers that decide&nbsp;to integrate with Babylon can use it to secure their networks with Bitcoin, the world’s most valuable crypto asset.<br><br>To understand it better, please read our previous article on BTC staking with Babylon:</p><figure class="kg-card kg-bookmark-card"><a class="kg-bookmark-container" href="https://p2p.org/economy/what-is-bitcoin-staking/"><div class="kg-bookmark-content"><div class="kg-bookmark-title">What is Bitcoin Staking?</div><div class="kg-bookmark-description">Introducing Babylon 1. The Problem Bitcoin is the most prominent and valuable cryptocurrency in the world. However, it lacks mechanisms for holders to earn passive income, similar to PoS networks such as Ethereum, leading to millions of idle Bitcoins. The evolving blockchain landscape, especially Proof-of-Stake chains, demands consistent security and</div><div class="kg-bookmark-metadata"><img class="kg-bookmark-icon" src="https://p2p.org/economy/content/images/2020/09/favicon.ico" alt><span class="kg-bookmark-author">P2P.org Blog: Insights, Guides, and News</span><span class="kg-bookmark-publisher">Kamil Jakub Natil</span></div></div><div class="kg-bookmark-thumbnail"><img src="https://p2p.org/economy/content/images/2024/05/BTC-20staking-202.jpg" alt></div></a></figure><p><br>In previous blog posts, we discussed Bitcoin Staking and how Babylon provides non-custodial staking of BTC:</p><figure class="kg-card kg-bookmark-card"><a class="kg-bookmark-container" href="https://p2p.org/economy/understanding-non-custodial-staking-on-the-babylon/"><div class="kg-bookmark-content"><div class="kg-bookmark-title">Understanding Non-Custodial Staking on the Babylon</div><div class="kg-bookmark-description">What is Babylon? Babylon is a revolutionary staking protocol that allows Bitcoin holders to provide their BTC assets to secure PoS systems and receive a yield on their assets. The idea of BTC staking is relatively new and needs further explanation. When discussing BTC staking, many people associate it with</div><div class="kg-bookmark-metadata"><img class="kg-bookmark-icon" src="https://p2p.org/economy/content/images/2020/09/favicon.ico" alt><span class="kg-bookmark-author">P2P.org Blog: Insights, Guides, and News</span><span class="kg-bookmark-publisher">Kamil Jakub Natil</span></div></div><div class="kg-bookmark-thumbnail"><img src="https://p2p.org/economy/content/images/2024/05/Babylon.jpg" alt></div></a></figure><p><br>Today, we will look at Babylon from another angle, show how Babylon is achieving universality on a scale, and show how significant Babylon's impact can become on the blockchain industry and different PoS systems because of its flexible architecture.</p><h3 id="babylons-key-components">Babylon's key components</h3><p>As we discussed, <strong>Babylon leverages BTC to provide shared security, making it a reliable source of security for various PoS systems</strong>. But how does it achieve this?</p><p>Babylon introduces the role of Finality Providers, who receive delegations of BTC from Bitcoin holders. Finality Providers are additional validators that can participate in the block validation process. The largest blockchain validators, including P2P.org, will be Finality Providers in Babylon.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/06/pos-1.jpg" class="kg-image" alt loading="lazy" width="2000" height="1159" srcset="https://p2p.org/economy/content/images/size/w600/2024/06/pos-1.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2024/06/pos-1.jpg 1000w, https://p2p.org/economy/content/images/size/w1600/2024/06/pos-1.jpg 1600w, https://p2p.org/economy/content/images/2024/06/pos-1.jpg 2000w" sizes="(min-width: 720px) 720px"></figure><p></p><p>After receiving the BTC delegation, Finality Providers can participate in the block verification process. If they act maliciously, for example, by double signing, the portion of Bitcoins delegated by stakers can be slashed. Slashing can be technically achieved because of the EOTS signature that Finality Providers use to validate blocks. When Finality Providers double sign, their private key is leaked, which allows the broadcast of a pre-approved slashing transaction that was created when the user staked the tokens.<br></p><div class="kg-card kg-callout-card kg-callout-card-grey"><div class="kg-callout-text">Babylon’s design is elegant and flexible. It adds additional finality rounds to blockchains operated by Finality Providers. This means that PoS systems, which have their own consensus mechanisms and validators, can add an extra level of verification supported by a set of Finality Providers who provide BTC as a slashable asset.</div></div><p><br>This set of Finality Providers can improve security and make the blockchain more decentralized. Decentralization is crucial for any blockchain to be secure and sustainable, but not all blockchains boast about it. Additionally, finding and maintaining a stack of validators is a resource-intensive process.</p><p><strong>Babylon acts as a shared security marketplace that brings together Finality Providers, who offer shared security, and PoS systems, which receive it in exchange for rewards.</strong></p><h3 id="cosmos-as-a-first-stop">Cosmos as a First Stop</h3><p>Babylon plans to focus on the Cosmos SDK blockchains and the Babylon PoS chain itself as the first PoS systems. Like other chains built on CometBFT, the Babylon PoS chain will have a set of validators that validate blocks and broadcast them to other nodes. Validators in Cosmos use the native tokens of these chains as security collateral. If they act maliciously, the portion delegated tokens can be slashed.</p><p>However, when integrated with Babylon, Cosmos SDK chains add an additional finality round that provides extra security through Finality Providers. As shown in the diagram, these Finality Providers become an additional step in the block path, creating a more secure block verification process.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/06/a3.jpg" class="kg-image" alt loading="lazy" width="2000" height="1159" srcset="https://p2p.org/economy/content/images/size/w600/2024/06/a3.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2024/06/a3.jpg 1000w, https://p2p.org/economy/content/images/size/w1600/2024/06/a3.jpg 1600w, https://p2p.org/economy/content/images/2024/06/a3.jpg 2000w" sizes="(min-width: 720px) 720px"></figure><p></p><p>If Cosmos SDK chains decide to work with Babylon and receive additional security, they must reward Finality Providers to attract them. This creates a marketplace where Finality Providers offer security, and blockchains reward them.<br></p><h3 id="other-ecosystems-are-welcomed">Other Ecosystems Are Welcomed</h3><p>One of the most exciting aspects of Babylon's plan is its focus on PoS systems outside of the Cosmos ecosystem. From Babylon's announcements, we know that Babylon plans to integrate its Bitcoin Staking Protocol to provide shared security to Bitcoin L2s, AltLayer rollups, standalone chains, and more.</p><p>The reality is that the additional round of finality after the protocol has finalized a block can be added to different consensus protocols, not just CometBFT. Babylon's general approach can open the doors to providing security for various blockchain ecosystems and allow Babylon to build a shared security marketplace, where PoS systems from different ecosystems can interact with finality providers and receive security from them.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/06/a2.jpg" class="kg-image" alt loading="lazy" width="2000" height="2000" srcset="https://p2p.org/economy/content/images/size/w600/2024/06/a2.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2024/06/a2.jpg 1000w, https://p2p.org/economy/content/images/size/w1600/2024/06/a2.jpg 1600w, https://p2p.org/economy/content/images/2024/06/a2.jpg 2000w" sizes="(min-width: 720px) 720px"></figure><p>When speaking about Babylon, we should always keep in mind that Babylon's impact can be much more significant than we think right now. This is achieved through its architecture and the vast amount of BTC collateral that can be used. In the long run, this shared security model can lead to a more secure and resilient blockchain environment. As more PoS systems join the Babylon, the collective security and stability of the entire ecosystem improve. <br></p><h2 id="how-to-participate">How to Participate?</h2><p>If you're interested in participating in the launch of Babylon, we recommend two main directions for involvement:</p><ol><li><strong>Testnet Participation:</strong><br>Engage with the Babylon testnet by staking your SignetBTC directly on Babylon's <a href="https://btcstaking.testnet.babylonchain.io/?ref=p2p.org"><u>official website</u></a>. This allows you to familiarize yourself with the platform's features and functionalities without risking real assets.</li><li><strong>Support for Large Bitcoin Holders:</strong><br>If you hold significant Bitcoin, <strong>don't hesitate to contact our team</strong>. We can provide tailored validator solutions that will be optimal for you when the mainnet launches. (<a href="mailto:[email protected]" rel="noreferrer">Person of contact</a>)</li></ol><div class="kg-card kg-button-card kg-align-center"><a href="mailto:[email protected]" class="kg-btn kg-btn-accent">Email Us!</a></div><p><br><br>The Babylon Testnet-4 has already been launched, and the mainnet launch is anticipated by the end of the first half of the year. This new testnet focuses on the security of staked Bitcoins by testing user interactions with the BTC Signet test network. The Babylon team is actively monitoring updates and feedback from the community to ensure the network's </p><h1 id="about-p2p-validator"><strong>About P2P Validator</strong></h1><p><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a>&nbsp;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 Babylon Chain activities since the beginning.</p><hr><p>Do not hesitate to ask questions in our&nbsp;<a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram</a>&nbsp;chat or contact Alik via&nbsp;<a href="mailto:[email protected]" rel="noreferrer">[email protected]</a>. We are always open to communication.</p><hr><p><strong>Web:</strong>&nbsp;<a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong>Twitter:</strong>&nbsp;<a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong>Telegram:</strong>&nbsp;<a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>