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:
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:
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!
<p>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.</p><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><p><strong>Why Opt for API-Enabled High APY?</strong><br></p><p>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. </p><p><strong>Benefits of Employing Our High APY:</strong></p><ul><li><strong>Higher APY</strong>: 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><strong>Automated Rewards</strong>: Daily payouts for both rewards and cashback.</li><li><strong>Optimized Strategy</strong>: Our strategy automatically rebalances your stake to the most profitable validators minutes before each election.</li><li><strong>Client Service:</strong> 24/7 dedicated tech team and high industry infrastructure with 99% SLA uptime</li></ul><p><strong>Getting Started with API-Enabled High APR:</strong><br></p><p>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.<br></p><p><strong>User Control & Security:</strong><br></p><p>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.<br></p><p><strong>What's Next?</strong><br></p><p>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.<br><br><strong>Connect with our dedicated support team on Telegram <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>.</strong></p>
from p2p validator
<p>P2P.org is delighted to announce our strategic partnership as large-scale alpha-testers with Obol Network. This collaboration aligns us with a company that shares our vision for revolutionizing the decentralized staking landscape and driving the institutional adoption of ETH staking. <br></p><p>In this blog, we'll explore who Obol Network are, their groundbreaking contributions to Distributed Validator Technology (DVT), and how our united mission and values are redefining the standards for institutional Ethereum staking.<br></p><p><strong>Our Collaboration on Mainnet Alpha Distributed Validators</strong><br></p><p>Alongside Obol Network, we have been an integral part of a pivotal testing phase in the Ethereum staking community. Obol Network launched their Alpha phase in April this year, deploying the first set of Mainnet Distributed Validators initiated by the staking community. With their core team having laid the foundation in December 2022 by deploying the very first Mainnet DV, the participation since April has been nothing short of phenomenal. Over 45 organizations are now running Distributed Validators (DVs) on the Ethereum Mainnet in either solo or multi-org clusters.<br></p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/OjSs_U9tzrjilyZ-liIGwhIU14ut0KYn6P_BgomZrLnile1PYmWE5Oo-4jSthTgotkcaw7GlUO2LPzpfJkDQYQ12VldyBOWPNnnvKISrpZKWAWt7vxgExYJ35igfJCAuoxtaJmRLCEJHqCIrzc34uZg" class="kg-image" alt loading="lazy" width="602" height="339"></figure><p><br></p><p><strong>Who is Obol Network?</strong><br></p><p>The Obol Network is an ecosystem for trust-minimized staking that enables people to create, test, run & coordinate distributed validators, focusing on Ethereum staking solutions. <br></p><p>According to their website, their mission is to foster trust minimized staking through multi-operator validation. This will enable low-trust access to Ethereum staking, which can be used as a core building block in various Web3 products.<br></p><p>With their open-source ethos and commitment to public good, Obol is breaking the norm. Fee collections from Obol V1 will be funneled into retroactive public goods funding, embodying a regenerative circular economics model. In simple terms, Obol is about as trust-minimized as it gets, using advanced cryptography to eliminate the need to trust any single staking operator.<br></p><p><strong>A Deep Dive into the Testing Structure</strong><br></p><p>Our collaborative efforts have also extended into in-depth testing structures. Currently, we're actively involved in deploying distributed validator clusters on the Görli testnet, with varying node counts and scaling up to thousands of validators per cluster. These comprehensive tests assess various key metrics, including the effectiveness of validator duties, missed duties, and inclusion distances, among others. Additionally, the studies are focused on evaluating the operational cost efficiencies of running Distributed Validator clusters and the impact of MEV-boost on these configurations.<br></p><p>Obol Labs, the core research and development team for the Obol Network, is working closely with us and other participants to compile performance reports, making the data accessible for further insights. These collaborative research efforts are pivotal for understanding the cost per validator in different infrastructural setups and assessing the impact of DVT on enterprise validator profitability.<br></p><p>Through this extensive and rigorous testing, both P2P.org and Obol Network are gathering the critical data needed to deploy distributed validators on the Ethereum mainnet with complete confidence. We are committed to helping our partners optimize their infrastructure, better understand DV's capabilities, and share key performance insights with the broader community.<br></p><p><strong>What is DVT? </strong><br></p><p>So, what's all the fuss about Distributed Validator Technology? Traditional validator nodes in the Ethereum network present a critical weakness—they are all single points of failure. Obol DVs eliminate this Achilles heel by allowing multiple nodes to perform the duties of an Ethereum validator as a cluster. This innovation leads to an exceptional boost in resilience, fault tolerance, and—most importantly—security. To illustrate, each node within a DV cluster operates with a key share. Obol's DV middleware, Charon, collects the individual signatures from each node within a cluster and uses threshold signing to generate the full validator signature for attesting and producing blocks. For each cluster, as long as more than 66% of the nodes are live (i.e., 3 of 4, 5 of 7, etc.), the cluster will function normally. Key advantages of DVs include improving fault tolerance, since you can have some nodes down without the validator going offline, and improving security as the full private key never exists in one place, making it exceedingly difficult for attackers to compromise the system. DVT also allows for increased decentralization as operators can now collaborate in multi-operator validation.<br></p><p><strong>Joint Mission and Values between P2P.org and Obol Network</strong><br></p><p>As we transition into this partnership, we must note that our core values resonate deeply with Obol's principles. We both harbor a steadfast commitment to decentralized validation and trust minimization. Our shared focus on transparency, security, and regenerative economics makes this collaboration more than just a business arrangement—a unified vision for the future of Ethereum staking.<br></p><ol><li><strong>Open Source & Transparency:</strong> P2P.org and Obol Network adhere to open-source philosophies. This transparency ensures the broader community can engage, contribute, and benefit from our joint efforts.<br></li><li><strong>Public Good:</strong> Obol's commitment to channeling fees into public goods resonates with our belief in fostering a decentralized ecosystem that benefits everyone, not just a privileged few.<br></li><li><strong>Trust Minimization:</strong> In a world filled with centralized traps, P2P.org and Obol Network are bastions for trust-minimized, decentralized platforms. We aim to reduce reliance on any single operator, making the staking process as secure as possible.<br></li><li><strong>Innovation & Security: </strong>Our collaborative work aims to push the envelope in DVT, improving key distribution, fault tolerance, and geographic redundancy.<br></li></ol><p>By converging our strengths in these areas, P2P.org and Obol Network are collectively accelerating the development and adoption of next-gen decentralized staking solutions. <br></p><p>As always, we pledge to uphold our core values, summarized by the acronym STATS:<br></p><p><strong>Security:</strong></p><p>Our top concern is safeguarding your staked resources and personal information. By utilizing a non-custodial staking model and fortified systems, we aim to provide unmatched security and operational excellence.<br></p><p><strong>Transparency:</strong></p><p>We're committed to being transparent in all our endeavors and governance choices. We consistently disclose essential financial details and project updates to keep our community well-informed.<br></p><p><strong>Asset Rewards:</strong></p><p>Our goal is to amplify returns and value for our clientele. We apply our vast industry know-how to back thriving networks and make informed governance decisions.<br></p><p><strong>Technology:</strong></p><p>We take great pride in our extensive understanding of the staking networks we support, underscored by a staking infrastructure with an average network uptime exceeding 99%.<br></p><p><strong>Smart Governance:</strong></p><p>We're staunch believers in the decentralizing power of blockchain technology, which we see as the cornerstone of the digital age. We act as your proxy within each network, advocating for your interests when you can't.<br></p><p>As we journey through this exciting chapter, we'd like to extend our heartfelt gratitude to our community for their unwavering support. Stay tuned for more updates on this synergistic partnership that promises to redefine what's possible in Ethereum staking.<br></p><p>Join us as we pioneer the future for a more decentralized future for everyone.<br></p>
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