P2P.org Blog: Insights, Guides, and News (Page 5)

Crescent Crescent Liquid Staking Guide!

This tutorial helps you claim, stake and manage CRE tokens using the <a href="https://www.keplr.app/?ref=p2p.org">Keplr Browser Extension</a> together with the <a href="https://crescent.network/?ref=p2p.org">Crescent UI</a>. <div class="kg-card kg-callout-card kg-callout-card-grey"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">Before you start you will need a <a href="https://www.keplr.app/?ref=p2p.org">Keplr Account</a></div></div> <h2 id="what-is-crescent-network">What is Crescent Network? </h2>The <a href="https://crescent.network/?ref=p2p.org">Crescent network</a> aims to create innovative DeFi tools through advancements in inter-blockchain technology. If you delegated ATOM before 01-01-2022 00:00:00, you may be eligible to receive their native token CRE! <h2 id="what-is-cre-liquid-staking">What is CRE Liquid Staking?</h2>Liquid staking allows participants to earn staking rewards without the need to lock their assets.When liquid staking you will receive bCRE which is the token that represents staked CRE. bCRE lets you earn staking rewards for holding these tokens in your wallet. They are fully liquid, so you can use them for your needs at any time — trade, sell, exchange, invest in DeFi projects, etc. When you unstake your bCRE, you will get more CRE than what you originally liquid staked. The extra CRE that you received after unstaking are the rewards that you earned during your time staking. <h2 id="how-to-stake-cre">How to Stake CRE</h2><ol><li>The first thing you'll want to do is to go to: <a href="https://app.crescent.network/staking?ref=p2p.org">Crescent staking page</a>.</li><li>Once there, connect your Keplr wallet: select "Connect Wallet" in the upper right corner. </li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/04/image-8.png" class="kg-image" alt loading="lazy" width="2000" height="861" srcset="https://p2p.org/economy/content/images/size/w600/2022/04/image-8.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/04/image-8.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/04/image-8.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/04/image-8.png 2400w" sizes="(min-width: 720px) 720px"></figure>3. A pop-up will appear to select which wallet you would like to connect. Select Keplr Wallet. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/04/image-9.png" class="kg-image" alt loading="lazy" width="760" height="360" srcset="https://p2p.org/economy/content/images/size/w600/2022/04/image-9.png 600w, https://p2p.org/economy/content/images/2022/04/image-9.png 760w" sizes="(min-width: 720px) 720px"></figure>4. If you have not already logged into your Keplr account, a pop-up will appear to do so. Enter your password to log in. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/04/image-29.png" class="kg-image" alt loading="lazy" width="350" height="473"></figure>5. You will be asked to add Columbus and Cresent blockchain to Keplr. Next you will have to approve the crescent app connection to your Keplr account. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/04/image-33.png" class="kg-image" alt loading="lazy" width="350" height="518"></figure><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/04/image-34.png" class="kg-image" alt loading="lazy" width="350" height="513"></figure><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/04/image-35.png" class="kg-image" alt loading="lazy" width="350" height="515"></figure>6. You can view your eligibility to claim CRE through the following website: <a href="https://app.crescent.network/airdrop?ref=p2p.org">https://app.crescent.network/airdrop</a>. If eligible, you will have claimed 20% of the CRE you can receive from the airdrop. In the next section "Claiming the remaining CRE from the Airdrop" we will show you how to retrieve the rest. You should now be able to see your CRE balance on both your Keplr account and the Crescent staking page. On Keplr wallet, select the networks on the top of the extension and your balance will be indicated as shown in the image below.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/04/image-43.png" class="kg-image" alt loading="lazy" width="350" height="430"></figure><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/04/image-19.png" class="kg-image" alt loading="lazy" width="350" height="357"></figure>7. To start staking, go to the Crescent staking page where your balances should now be shown. Enter the amount to stake in the input field. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/04/image-24.png" class="kg-image" alt loading="lazy" width="2000" height="852" srcset="https://p2p.org/economy/content/images/size/w600/2022/04/image-24.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/04/image-24.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/04/image-24.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/04/image-24.png 2400w" sizes="(min-width: 720px) 720px"></figure>8. A pop-up will appear to approve the staking request transaction. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/04/image-36.png" class="kg-image" alt loading="lazy" width="350" height="571"></figure>9. You will see a confirmation of your stake being completed in the top right hand corner of the Crescent staking page. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/04/image-26.png" class="kg-image" alt loading="lazy" width="713" height="227" srcset="https://p2p.org/economy/content/images/size/w600/2022/04/image-26.png 600w, https://p2p.org/economy/content/images/2022/04/image-26.png 713w"></figure>You are now the owner of bCRE! You can view your bCRE balance in your Keplr Wallet. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/04/image-37.png" class="kg-image" alt loading="lazy" width="350" height="550"></figure>Thats it! You are now successfully staking and will receive your staking rewards upon unstaking. <h2 id="claiming-the-remaining-cre-from-the-airdrop">Claiming the remaining CRE from the airdrop!</h2>1. You will notice that upon liquid staking the first time, you will receive an additional 20% CRE from the airdrop.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/04/image-44.png" class="kg-image" alt loading="lazy" width="1210" height="988" srcset="https://p2p.org/economy/content/images/size/w600/2022/04/image-44.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/04/image-44.png 1000w, https://p2p.org/economy/content/images/2022/04/image-44.png 1210w" sizes="(min-width: 720px) 720px"></figure>2. To receive the next 20%, go to Crescent's <a href="https://app.crescent.network/swap?ref=p2p.org">swap page</a>. Select which tokens you wish to swap, and make a transaction of any size. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/04/image-54.png" class="kg-image" alt loading="lazy" width="444" height="505"></figure>Approve the transaction. When completed, you will receive another 20% from the airdrop. 3. Next go to <a href="https://app.crescent.network/farm?ref=p2p.org">Crescent's farm page</a>. Select a pool that you wish to add liquidity with. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/04/image-51.png" class="kg-image" alt loading="lazy" width="2000" height="956" srcset="https://p2p.org/economy/content/images/size/w600/2022/04/image-51.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/04/image-51.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/04/image-51.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/04/image-51.png 2400w" sizes="(min-width: 720px) 720px"></figure>Select any amount you wish to deposit into the pool. You must hold both tokens.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/04/image-53.png" class="kg-image" alt loading="lazy" width="419" height="500"></figure>Approve the transaction. When completed, you will receive another 20% from the airdrop. 4. The last 20% can be claimed by participating in a governance proposal vote. When a proposal is submitted, go to Crescent's <a href="https://app.crescent.network/gov?ref=p2p.org">governance page</a> and place your vote. You will then receive the last CRE from the Airdrop. <div class="kg-card kg-callout-card kg-callout-card-grey"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">Once you have claimed your CRE, you can then repeat the process of liquid staking the additional CRE that you just received. </div></div> You can find more information on <a href="https://docs.crescent.network/introduction/liquid-staking?ref=p2p.org">Crescent official docs page</a>. Thank you for your interest in the Crescent network!<hr><h3 id="about-p2p">About P2P</h3><a href="https://p2p.org/?ref=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 of digital assets and offer only top-notch staking opportunities. At the time of the latest update, more than 3 billion of USD value is staked with P2P Validator by over 20,000 delegators across 25+ networks. We are early Web3Auth investors committed to provide long term support for the network.If you have any questions, feel free to join our<a href="https://t.me/P2Pstaking?ref=p2p.org"> Telegram chat</a>, we are always open for communication.

Admin

from p2p validator

Lido, Solana P2P to Run Lido on Solana

On April 11, P2P took ownership of Lido on Solana becoming the new team in charge of its growth and development, with the goal to build-out the project in alignment with Lido’s, Solana’s and P2P’s values. Liquid Solana Staking was launched on Lido in September 2021 with the collaboration of Chorus One as an initiative to grow the presence of Lido across staking networks. Thanks to the members involved, the project has reached 3,000,000+ SOL staked and achieved numerous stSOL integrations. P2P has been involved since the beginning of the year, participating in boosting TVL in collaboration with Lido through their incentivization program, Liquidity Providers launches and Protocols integrations.Due to some organisational changes at Chorus One, a <a href="https://research.lido.fi/t/lido-on-solana-proposed-transition-from-chorus-one-to-p2p/1887?ref=p2p.org">proposal was passed</a> to transfer the ownership of Lido on Solana to P2P. “We are incredibly grateful to Chorus One for all their hard work on the development and initial launch of the project, they have laid a solid foundation for us to grow its success and presence within the flourishing Solana ecosystem.” - Vasiliy Shapovalov, CTO at P2P The exact terms and timelines of the transition to P2P can be found here: <a href="https://research.lido.fi/t/lido-on-solana-proposed-transition-from-chorus-one-to-p2p/1887?ref=p2p.org">Lido on Solana - Proposed Transition from Chorus One to P2P.</a> Lots of work still needs to be done. Solana was among the networks with the highest growth in 2021 (going up to 6th in market cap) and the requirements and standards of the community are high. “P2P Team has outstanding staking expertise in Solana. We will do our best to make Lido on Solana highly valuable for the ecosystem by improving validator conditions and standards, driving the DeFi ecosystem and increasing new users growth” - Nikolai Abeliashev, Product Manager for Lido on Solana P2P Validator have cemented themselves as one of the pillars of the staking community, working closely with each network to achieve maximum growth. <h2 id="plan-to-be-executed">Plan to be executed</h2> As an initiative to improve Solana’s network performance & security, and to empower the community, P2P plans to focus on improving Solana Network decentralisation by bringing new node operators and increasing the number of validators part of the Supermajority (a large group of validators that together control 66.66% of the total stake) into Solana on Lido’s set. The decision to add new node operators will be based on validator historic performance (parameters to be annotated soon), ecosystem participation and general validating experience purchased. Through educational programs and clear performance metrics, P2P will ensure a high standard of operations that will be available on a public dashboard with open validator performance data. Lastly, by providing clear commission instructions and by balancing the number of validators and stakes in the pool, P2P plans to fairly distribute the profitability for validators. Further, with $300+ million in staked SOL, Lido on Solana can expand its presence within the <a href="https://solana.lido.fi/defi?ref=p2p.org">Solana Defi Community</a> further through unique integrations with value-adding protocols, wallets and dapps, incentivisation programs and community initiatives.A dedicated team has been set up to carry out the above plan and ensure what was promised, is delivered. With Lido on Solana under new ownership, exciting times are ahead for the project. Quality & performance improvements, transparency of validation, boosting DeFi economics, and of course attracting more users are all in this year's goals.<h2 id="what-is-sol-liquid-staking"> What is SOL liquid staking?</h2> Liquid staking allows participants to earn staking rewards without the need to lock their assets or the need to maintain the infrastructure required.stSOl is Lido’s liquid staking token for Solana. With it users can earn staking rewards while being able to participate in DeFi protocols at the same time. stSOL can also be exchanged at any time for SOL to let users instantly unstake their tokens without the need to wait for the cooldown. Unstaking directly from Lido is still possible but you are subject to the 3 day cooldown before you get access to your tokens.stSOL is a wrapped token, this means that when staking with LIDO your staking rewards accrue to the wrapper and the value of stSOL increases over time. The current exchange rate of stSOL - SOl can be found in the <a href="https://solana.lido.fi/?ref=p2p.org">staking page</a> at all times.stSOL can be used in a variety of expanding DeFI protocols across the Solana ecosystem. A list of guides for different protocols can be found <a href="https://help.lido.fi/en/collections/3275637-liquid-staking-on-solana?ref=p2p.org">here</a>. With liquid staking you can earn additional income on your tokens, while still earning staking rewards. For example, you can provide liquidity on a stSOL - SOL trading pair to earn fees from the pool on top of the staking rewards. Lido on Solana are looking to expand the number of protocols and use cases for stSOL so keep an eye out for new developments on their social media channels.<div class="kg-card kg-button-card kg-align-center"><a href="https://lido.fi/solana?ref=p2p.org" class="kg-btn kg-btn-accent">Get started by visiting Lido on Solana! </a></div><h2 id="about-p2p-validator">About P2P Validator </h2> P2P Validator began in 2018 with a mission to positively influence the development of POS technologies. Since our launch we have developed to become one of the largest staking service providers with more than 25,000 investors across 25+ different networks. We work closely with each network we support to push the developments of each project to new limits. We are firm believers in the value of decentralisation and participate in active governance across all supported networks to ensure the interests of the community are supported. We were honoured to be chosen as one of the validators for networks like Solana, Cosmos and Polkadot since the genesis block, a feat that shows the vote of confidence on P2P's ability to keep networks secure.Beginning as seed investors and validating from the genesis block, we have shown tremendous support to the Solana ecosystem since day one and are now trusted with over $400m under management. Our proficiency is shown not only by our excellent validating track record & our published research papers written on network performance (<a href="https://www.stakingrewards.com/journal/solana-validators-performance-research-report-part-1-downtime-analysis/?ref=p2p.org">Downtime</a>, <a href="https://www.stakingrewards.com/journal/solana-validators-performance-research-report-part-2-skip-rate-analysis/?ref=p2p.org">Skip Rate</a>, more to come) to improve the network health and development, but also by our involvement across projects including <a href="https://portalbridge.com/?ref=p2p.org#/transfer">Wormhole Bridge,</a> <a href="https://pyth.network/?ref=p2p.org">Pyth</a>, and <a href="https://neon-labs.org/?ref=p2p.org">Neon EVM</a> to help build Solana’s network infrastructure.<hr>If you have any questions, feel free to join our<a href="https://t.me/P2Pstaking?ref=p2p.org"> Telegram chat</a>, we are always open for communication.

Admin

from p2p validator

Auth P2P Joins Auth Network as an Early Guardian

Lost seed phrases and private keys led to<a href="https://interestingengineering.com/140-billion-in-bitcoin-is-lost-due-to-forgotten-passwords?ref=p2p.org"> the loss of more than hundred billions worth of digital assets</a>. Complexity of access elements and key management implies a tangible entry barrier for non-technical users who want to explore crypto ecosystems. Auth Network (prev. Torus Network) is a decentralized key management protocol that helps facilitate seamless access to a variety of services offering an elegant solution to those problems without sacrificing security.Private keys get split to multiple pieces and in order to access a desired service a person needs to have any two of them. The first share is stored on the user’s device and the second share is managed by the social log-in provider which is further split among a crucial network of node operators. The third share is decided by the user for added security. This approach provides a remarkable level of security and simplifies key recovery.Open and accessible network allows to achieve a higher level of sovereignty over the keys making it possible to use ordinary Web2 flow to access Web3 services. Web3Auth’s pluggable SDKs can be integrated with any Web3 Application or Wallet in just under a few minutes and the users can enjoy an intuitive, seamless and non-custodial onboarding experience.P2P is thrilled to join as the Auth Network Guardian to ensure secure key management within the system. The solution is fully in line with our mission of making interactions with crypto simple and secure.Our team has deep expertise in operating highly-available infrastructure. We use best security practices, custom monitoring and alerting systems to ensure high efficiency of our nodes. P2P provides 24/7 technical support, transparent reward reporting and our support team is always ready to help.<h3 id="about-auth-network">About Auth Network</h3>Auth Network is a decentralized and secure key management layer that uses threshold cryptography to secure users’ private keys and is operated by a diverse group of professional staking providers. Web3Auth - company that launches the initiative, is integrated with over 500 dApps and wallets and secures over 9 million keys and successfully raised ~$13M from industry leading investment firms including Sequoia Capital, USV, Multicoin Capital and many others.Learn more by visiting <a href="https://web3auth.io/?ref=p2p.org">Web3Auth.io</a>,<a href="https://twitter.com/web3auth?ref=p2p.org"> Twitter</a> or<a href="https://t.me/web3auth?ref=p2p.org"> Telegram</a>. If you are a dApp developer, explore potential integration options<a href="https://docs.web3auth.io/?ref=p2p.org"> here</a> and join the discussion on<a href="http://discord.gg/web3auth?ref=p2p.org"> Discord</a>.<h3 id="about-p2p">About P2P</h3><a href="https://p2p.org/?ref=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 of digital assets and offer only top-notch staking opportunities. At the time of the latest update, more than 3 billion of USD value is staked with P2P Validator by over 20,000 delegators across 25+ networks. We are early Web3Auth investors committed to provide long term support for the network.

Admin

from p2p validator

Pocket P2P Validator Joins Pocket Network as a Node Operator

Pocket network eliminates dependence on a centralized middleware service by providing API for decentralized applications (dApps). In order to function dApps need to have continuous access to blockchain data. Usage of a single source of truth puts in <a href="https://cryptobriefing.com/infura-outage-sparks-debate-over-ethereums-decentralization/?ref=p2p.org">doubt the decentralization aspect of the infrastructure</a>, compromising the security of the Dapps built on top of it. Pocket allows to drastically improve censorship resistance by providing multiple network node operators an incentivized opportunity to serve requests for a variety of blockchains.A diverse geographic distribution of node operators and their ability to use various client software improves the decentralization side of dApps. At the time of writing, more than 2000 applications use Pocket to access data through the network of 30,000+ node operators. The number of requests serviced per day grew 10x during the last 6 month showing that demand for decentralized data access is growing.We are excited to announce that p2p.org launched the P2P pool to service requests for dApps across blockchains supported by Pocket Network. Joining Pocket Network as a node operator is fully aligned with our mission to make crypto services accessible and secure.We provide an opportunity to POKT token holders to participate in our pool and contribute to dApp censorship resistance, with a minimum stake set to 151k POKT. To get onboarded visit <a href="https://p2p.org/pocket?ref=p2p.org">p2p.org/pocket</a>. Every pool participant will have a personal manager and regular reward reports. P2P has diverse experience in maintaining robust infrastructure and has a professional team of DevOps engineers to ensure high availability and efficiency. We develop custom monitoring systems and provide 24/7 technical support.<h3 id="about-pocket-network">About Pocket Network</h3>Pocket is a decentralized network of node operators servicing data requests from dApps across 10+ renowned blockchains such as Ethereum, Solana, Avalanche to name a few. It allows dApps to benefit from a decentralized API, increasing cost efficiency and censorship resistance. Pocket is supported by reputable investors including Arrington Capital, Republic Capital, RockTree Capital and many others.Learn more by visiting the<a href="https://www.pokt.network/?ref=p2p.org"> Pocket website</a>,<a href="https://twitter.com/POKTnetwork?ref=p2p.org"> Twitter</a> or <a href="https://t.me/POKTnetwork?ref=p2p.org">Telegram</a>. If you’re a developer or a node operator, explore possibilities <a href="https://docs.pokt.network/home/?ref=p2p.org">here</a> and join the discussion on <a href="https://bit.ly/POKTARCADEdscrd?ref=p2p.org">Discord</a>. To connect your dApp to decentralized infrastructure visit the<a href="https://portal.pokt.network/?ref=p2p.org"> Pocket Portal</a>.<h3 id="about-p2p">About P2P</h3><a href="https://p2p.org/?utm_source=p2p_agoric_announcement&utm_medium=blog_post&utm_campaign=announcement_about_p2p_agoric&utm_id=2">P2P Validator</a> 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. At the time of the latest update, more than 3 billion of USD value is staked with P2P Validator by over 25,000 delegators across 25+ networks. P2P is an early Pocket Network investor committed to providing long term support for the ecosystem.

Admin

from p2p validator

Evmos Evmos Network Overview

Evmos is a vital piece in the Cosmos ecosystem as it plans to bring a Cosmos SDK built, PoS blockchain that is compatible with Ethereum Virtual Machine (EVM) smart contracts.<h2 id="current-network-state">Current network state</h2>The Cosmos ecosystem, referred to as the internet of blockchains, is a decentralised network of scalable and interoperable blockchains each with an independent governance structure. Interoperability is achieved through inter blockchain communications protocol (IBC) and is the key to simplify the access and interaction of a wide range of blockchain-enabled products and services. The ecosystem has and is still growing at a remarkable rate - attracting an impressive amount of attention in the crypto space. However, it still has some distance to cover in order to catch up with Ethereum in terms of the number and variety of applications it supports. Ethereum is massive. It is the 2nd blockchain in terms of market cap and has arguably the largest user base and the most applications of all networks, but such popularity has also led to congestion. The resulting high transaction fees became an issue that could stall the growth of the ecosystem leading to the rise of layer 2 solutions to solve these inherent scalability issues. Ethereum also certainly loses the comparison with the Cosmos ecosystem in terms of interoperability. Nevertheless, the utility of EVM smart contracts and a vast and established community of Solidity developers bring great value to Ethereum. Evmos brings together the best of both worlds, enabling developers to utilise the functionality of EVM while enjoying the features of the Cosmos architecture. Evmos serves as the first IBC-compatible EVM-based chain, bringing composability, interoperability, and fast finality to Ethereum. Users will now have all the desired utility and features of Ethereum while benefiting from the fast finality and high-throughput of Tendermint PoS implementation. What's more, Cosmos and Ethereum users will be able to transfer this value amongst and between both ecosystems using IBC and emerging bridge projects. The ability to use Ethereum Dapps on alternative blockchains has become a multi-billion dollar feature of web3, positioning Evmos as a potential leader in Cosmos' contribution to the web3 ecosystem. <h2 id="token-allocation">Token allocation</h2>Evmos will have an initial supply of 200 million tokens at launch. The distribution will be amongst <a href="https://evmos.blog/the-evmos-rektdrop-abbe931ba823?ref=p2p.org">Rektrdop participants</a> (50%), strategic reserve (40%) and the community pool (10%). This is a unique feature of Evmos’ token distribution model. This airdrop does not benefit large token holders of other blockchains, nor will there be an early pre-sale which often results in issues for the decentralisation of token holdings. Rektdrop will result in an even distribution of tokens amongst an unusually wide group of community members. That means that the blockchain will be purely community-driven since the to-be-distributed EVMOS is the governance token for its namesake chain.<figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/Yiue9kUquIz5wBbZnEi6MIv9_tXw4XsSuDMGyLPxdbbonPPR4WEvrAnqM2ySu9-XMUi2ynCCSTwwJBi1daMAhMhlZ66MsuofiQn_GF4JUnrJSk35R5pxz1K4Bg6vZ6gYFO33h1j3" class="kg-image" alt loading="lazy"></figure>Evmos will start off by being highly inflationary, with 300 million tokens being issued in the first year but dropping every year with the goal of 1 billion tokens being issued after 4 years. It is assumed that after this time, a new inflationary model will be proposed through governance.<figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/UxlLngsi46FiCKT3eU67QyGjkZBcaK42EyG1EzR_mqQ7sUSoXutind12UOfvtIu0O30aUUHvY1Jemg0MFrS3t4H1VKa_H-Qf_-MYTPbYX4BPhU9KLoFGpqOVWJ52Fv-L1TvAj5C1" class="kg-image" alt loading="lazy"></figure>Issued tokens will be distributed in the following way:<ul><li>40% to staking rewards</li><li>25% to team vesting</li><li>25% to usage incentives</li><li>10% to community pool</li></ul><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/KNFOS_mWwMP41I8bMX45P_SpkEhlIeZvJ36kzgBNqLXCHM8kv3qyiVifJxtpXFUS7-IQ6FR4PhKpbD7JQYmfiPoJ1d5bDujYvDR7PiUAg1wNAqu4yyrbPj9JOCnUJkWGVuifkcWd" class="kg-image" alt loading="lazy"></figure>The key novelty here is the blockchain’s attitude towards developers. Usually the validators are the sole benefactors of the rewards system. This is not the case with Evmos - this blockchain focuses on building a developer’s community around its main feature (EVM smart contracts compatibility) and claims that developers are equally important for the project, while still acknowledging the role of network operators. This concept is implemented in the form of dApps Store which creates a reward mechanism for developers based on the value and impact of their application. <h2 id="token-utility">Token utility</h2>Other than paying for transaction fees on the Evmos network, each EVMOS token will give rights to participate in staking and governance. Staking Staking is the mechanism used to secure the network. It is the process of bonding coins/tokens (stake) in order to earn rights to participate in the "validation" of new blocks, and in doing so are compensated with rewards. Token holders can “delegate” their EVMOS tokens rights to Validators. Delegators are incentivised to delegate to a Validator that acts according to the best interests of the network as a whole. Governance Evmos gives token holders the rights to submit and vote on proposals to better the network. Evmos stakers who do not vote will inherit the vote of their validator. <h2 id="staking-evmos">Staking Evmos</h2>Validators play a crucial role, with their core responsibilities being validating transaction blocks and ensuring the security of the Evmos network. Validators may also decide to operate oracles, secure bridges, governance and much more. Token holders can “delegate” their EVMOS tokens to the validators they wish. Validators will validate blocks of transactions on their behalf, earn rewards proportionally to the represented stake, and the network will redistribute it to their delegators after deducting a fee for the service they provide. Validators will set fees for their services, with a minimum of 5% of staking rewards earned. The top 150 validators, based on the amount of EVMOS delegated to them, will be selected to participate in the validation of transaction blocks. 40% of newly-issued tokens as well as a portion of transaction fees will be allocated to staking rewards and will be redistributed to validators and delegators. Validators can also receive up to a 5% bonus by coordinating between each other to reduce their chances of empty blocks proposals. <h2 id="slashing-risk">Slashing risk</h2>Evmos have implemented slashing to incentivise validators to conduct themselves and for delegators to select trustworthy validators. Validators who act in the following ways will see both their self-stake and their delegators’ stake slashed:<ul><li>Double-signing: signing two or more blocks at the same height.</li><li>Downtime: validator missing a significant amount of blocks.</li><li>Unavailability: validator that is offline for a significant amount of blocks.</li><li>Poor security: validator acts in a way where their security is compromised. </li></ul><h2 id="useful-links">Useful links </h2><ul><li>Website: https://evmos.org/</li><li>Documentation: https://evmos.dev/</li><li>Guides: Coming soon</li><li>Twitter: https://twitter.com/EvmosOrg</li><li>Telegram: <a href="https://t.me/EvmosOrg?ref=p2p.org">https://t.me/EvmosOrg</a></li></ul><hr><h2 id="about-p2p">About P2P </h2><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only high class staking opportunities securing more than 2.4 billion of USD value. At the time of the latest update, P2P Validator is trusted by over 10,000 delegators across 25+ networks. We are a major player in all networks we support because of our experience, commitments and our reputation. We pay special attention to the process of governance. P2P has the intention to contribute and provide long term support to the Evmos network.

Admin

from p2p validator

Terra Terra (LUNA) Terra Station + Ledger Staking Guide

We will start by setting up your wallet. If you already have a wallet you can skip the Wallet Setup section.<h2 id="wallet-setup">Wallet Setup</h2>Start by downloading the Terra Station Wallet from the official <a href="https://www.terra.money/?ref=p2p.org#1" rel="nofollow noopener noreferrer">website</a>:<figure class="kg-card kg-image-card"><img src="https://downloads.intercomcdn.com/i/o/365865010/14c8f27f7d47d8100f5c5188/image.png" class="kg-image" alt="Download Terra Station" loading="lazy"></figure>Install the Terra app on your ledger Wallet:<figure class="kg-card kg-image-card"><img src="https://downloads.intercomcdn.com/i/o/365891709/77c3262fd23b22bcc1417802/image.png" class="kg-image" alt="Ledger Terra app installation" loading="lazy"></figure>Connect your ledger wallet to Terra Station. To do that simply press Connect and select "Access with Ledger", while having the Terra app open on your ledger wallet:<figure class="kg-card kg-image-card"><img src="https://downloads.intercomcdn.com/i/o/365884031/3164723205c6feac34a63e26/image.png" class="kg-image" alt="Connect Terra station to Ledger" loading="lazy"></figure><figure class="kg-card kg-image-card"><img src="https://downloads.intercomcdn.com/i/o/365884772/68b82b3728b0e4de19ac469e/image.png" class="kg-image" alt="Connect Terra station to Ledger" loading="lazy"></figure>Congrats your ledger wallet should now be connected to Terra Station. Now you just need to deposit funds to that address.<h2 id="how-to-stake">How to Stake</h2>Navigate to the Staking page on your Terra Station:<figure class="kg-card kg-image-card"><img src="https://downloads.intercomcdn.com/i/o/365897401/4182652a1238ba6c35b93be1/image.png" class="kg-image" alt loading="lazy"></figure>Select P2P validator from the list:<figure class="kg-card kg-image-card"><img src="https://downloads.intercomcdn.com/i/o/365901947/8b9ce81a7ec4ece766bfd7bb/image.png" class="kg-image" alt loading="lazy"></figure>Press the Delegate button and input the amount you want to delegate:<figure class="kg-card kg-image-card"><img src="https://downloads.intercomcdn.com/i/o/365903235/acf0c0b8d806890718f50e9f/image.png" class="kg-image" alt loading="lazy"></figure>Confirm the transaction on your ledger and you are set. You will now start earning rewards. Please be sure to always leave a small amount of funds undelegated to pay for transaction fees.Please note that rewards are distributed approximately every 10 seconds and you will have to manually claim them.If any questions arise, whether on LUNA staking or not, feel free to contact us via <a href="https://twitter.com/p2pvalidator?ref=p2p.org">Twitter</a>, <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram</a>, or <a href="https://p2p.org/?ref=p2p.org#contact-us">email</a>.<hr>About P2P Validator <a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only high class staking opportunities securing more than 3 billion of USD value at the time of the latest update.P2P Validator is trusted by over 24,000 delegators across 25+ networks. We are a major player in all networks we support because of our experience, commitments and our reputation. We pay special attention to the process of governance. P2P has the intention to contribute and provide long term support to the Terra (LUNA) network.

Admin

from p2p validator

Staking Which PoS Token Should I Stake?

We understand that the Proof of Stake (PoS) ecosystem has grown immensely and is still growing at a quick pace. There is now such a large array of network tokens that can be purchased and staked that it can be difficult to know which ones to go for. Our team provides exhaustive financial analysis to provide support for only top-tier staking networks. We have been early participants and stakers for networks such as XTZ, ATOM, SOL, DOT, MINA... and proven to have a knack for choosing highly successful networks to stake with. Below we provide you with descriptions, links, and staking mechanics for our list of tokens that we offer staking services for to help you decide which token is best suited for your preferences! The following content is for educational and informational purposes only and of a general nature; we make no warranties or representations, whether express or implied, and accept no responsibility, including in relation to the accuracy, completeness, nature, quality, fit for the purpose, or reliability of the content. We recommend you take independent legal, financial, tax, and/or other professional advice before making any decisions. We are not responsible for any information obtained through the links below or otherwise.<h2 id="staking-mechanics">Staking Mechanics</h2>Below is a table with the staking mechanics for each token we stake. Depending on your circumstances and/or preferences, this will help you select which tokens you would like to stake. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/03/image.png" class="kg-image" alt loading="lazy" width="2000" height="1608" srcset="https://p2p.org/economy/content/images/size/w600/2022/03/image.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/03/image.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/03/image.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/03/image.png 2400w" sizes="(min-width: 720px) 720px"></figure><h2 id="token-descriptions">Token Descriptions</h2>Below we provide you with a quick overview of each tokens' network to help raise your interest. We provide links to their website, white papers, our staking page, and to our guides to help you further inform yourself and get started with your staking journey. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-33.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-33.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-33.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-33.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-33.png 2400w" sizes="(min-width: 720px) 720px"></figure>The Cosmos ecosystem, referred to as the internet of blockchains, is a decentralised network of scalable and interoperable blockchains each with an independent governance structure. With its unique feature of independent sovereignty, blockchains built on cosmos do not need to rely on underlying governance rules, simplifying and increasing the speed for fixes and upgrades. At its core, Cosmos hub is a blockchain that serves as the primary connectivity point in the ecosystem, and in the future it is going to provide shared security among all networks built in the ecosystem. Cosmos native token, ATOM, serves the purpose of paying for transaction fees, can be used to vote on proposals, and can be staked to earn block rewards and helps secure the network. The ecosystem has and is still growing quickly and grabbing a lot of attention in the crypto space. Website: <a href="https://cosmos.network/?ref=p2p.org">https://cosmos.network/</a> White paper: <a href="https://v1.cosmos.network/resources/whitepaper?ref=p2p.org">https://v1.cosmos.network/resources/whitepaper</a> Twitter: https://twitter.com/cosmos P2P Staking Page: <a href="https://p2p.org/cosmos?ref=p2p.org">https://p2p.org/cosmos</a> Guides: <a href="https://help.p2p.org/en/articles/5925248-cosmos-atom-ledger-live-staking-guide?ref=p2p.org">Ledger</a>, <a href="https://help.p2p.org/en/articles/5382165-keplr-ledger-cosmos-atom-staking-guide?ref=p2p.org">Kepler + Ledger</a>, <a href="https://help.p2p.org/en/articles/5382175-imtoken-comos-atom-staking-guide?ref=p2p.org">ImToken</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-34.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-34.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-34.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-34.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-34.png 2400w" sizes="(min-width: 720px) 720px"></figure>Polkadot is a layer 0, decentralised, parallelised multi-chain blockchain system with the main goals being security and building interoperability amongst networks. Interoperability is the key to blockchain usability, allowing to leverage each blockchains value amongst each other. The architecture of Polkadot consists of the main relay chain and its multiple parachains. The relay chain is responsible for governance and ensuring shared consensus amongst all parachains. Parachains are individual networks with their own use case which all share their state with the relay chain, and can communicate amongst each other to avoid relay chain congestion. Separate blockchains can also be linked to the Polkadot ecosystem via bridges. With its experimental sister chain - Kusama - developed as a testing environment network for Polkadot, as well as its use of treasury, the Polkadot network is also designed around innovation and rapid implementation. Website: <a href="https://p2p.org/economy/helping-you-select-the-right-token-to-stake/"><a href="https://polkadot.network/?ref=p2p.org">https://polkadot.network/</a></a> Twitter: <a href="https://twitter.com/Polkadot?ref=p2p.org">https://twitter.com/Polkadot</a> P2P Staking Page: <a href="https://p2p.org/polkadot?ref=p2p.org">https://p2p.org/polkadot</a> Guides: <a href="https://help.p2p.org/en/articles/5454305-polkadot-dot-ledger-live-staking-guide?ref=p2p.org">Ledger</a>, <a href="https://help.p2p.org/en/articles/5276295-polkadot-js-ledger-polkadot-dot-staking-guide?ref=p2p.org">Polkadot.js + Ledger</a>, <a href="https://help.p2p.org/en/articles/5454917-polkadot-js-polkadot-dot-staking-guide?ref=p2p.org">Polkadot.js no ledger</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-31.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-31.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-31.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-31.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-31.png 2400w" sizes="(min-width: 720px) 720px"></figure>Solana is a smart contract platform with a high-performance permissionless blockchain, solving scalability issues suitable for decentralised applications requiring high throughput. Using a Proof-of-History (PoH) consensus mechanism, Solana has the capacity to handle an impressive 710,000 transactions per second with extremely low transaction fees. PoH is similar to PoS, however it uses an element of time providing specific timestamps to blocks, improving the organisation of block validation and allowing for a quicker sequencing. Using the RUST programming language, Solana enables the creation of smart contracts which can be run in a parallel manner. Solana has experienced extraordinary growth and brand recognition and is one of the stronger cryptocurrencies in 2021. Website: <a href="https://solana.com/?ref=p2p.org">https://solana.com/</a> White paper: <a href="https://solana.com/solana-whitepaper.pdf?ref=p2p.org">https://solana.com/solana-whitepaper.pdf</a> Twitter: <a href="https://twitter.com/solana?ref=p2p.org">https://twitter.com/solana</a> P2P Staking Page: <a href="https://p2p.org/solana?ref=p2p.org">https://p2p.org/solana</a> Guides: <a href="https://help.p2p.org/en/articles/5480760-phantom-solana-sol-staking-guide?ref=p2p.org">Phantom</a>, <a href="https://help.p2p.org/en/articles/5246608-solflare-solana-sol-staking-guide?ref=p2p.org">Solflare</a>, <a href="https://help.p2p.org/en/articles/5447923-solflare-ledger-solana-sol-staking-guide?ref=p2p.org">Solflare + Ledger</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-35.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-35.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-35.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-35.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-35.png 2400w" sizes="(min-width: 720px) 720px"></figure>Kusama is a more experimental version of Polkadot, allowing networks to build and test cheaper and quicker before potentially launching on Polkadot. Kusama is a decentralised parallelised multi-chain blockchain system with the main goal of building interoperability amongst networks. Interoperability is the key to blockchain usability, allowing to leverage each blockchains value amongst each other. The architecture of Kusama consists of the main relay chain and its multiple parachains. The relay chain is responsible for governance and ensuring shared consensus amongst all parachains. Parachains are individual networks with their own use case which all share their state with the relay chain, and can communicate amongst each other to avoid relay chain congestion. Separate blockchains can also be linked to the Kusama ecosystem via bridges. Even if Kusama is usually seen as a testnet for Polkadot, it merits to be considered as a standalone project. Website: <a href="https://kusama.network/?ref=p2p.org">https://kusama.network/</a> Twitter: <a href="https://twitter.com/kusamanetwork?ref=p2p.org">https://twitter.com/kusamanetwork</a> P2P Staking Page: <a href="https://p2p.org/kusama?ref=p2p.org">https://p2p.org/kusama</a> Guides: <a href="https://help.p2p.org/en/articles/5439391-polkadot-js-kusama-ksm-staking-guide?ref=p2p.org">Polkadot.js</a>, <a href="https://help.p2p.org/en/articles/5439392-polkadot-js-ledger-kusama-ksm-staking-guide?ref=p2p.org">Polkadot.js + Ledger</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-51.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-51.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-51.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-51.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-51.png 2400w" sizes="(min-width: 720px) 720px"></figure>The Graph is a decentralized protocol for indexing blockchain data making information more accessible for developers to develop usable dapps for Web3. Indexing is the process of organising blockchain data into subgraphs which allows developers and dapps to find and make use of information in a much quicker manner by simply querying for it. Indexers, like P2P Validator, stake GRT tokens and run nodes in order to index subgraphs, and by doing so earn GRT token rewards. Curators use GRT tokens to signal which subgraphs they believe are the most interesting to index and will earn rewards if their subgraph becomes popular in the future. Delegators, can delegate their GRT tokens to indexers to earn a portion of the indexing rewards earned by indexers. Using this architecture, theGraph manages to create a trustless and decentralised system for organising blockchain data, with the vision of becoming the google of blockchains. GRT is a utility token, deeply involved in the Network economics on day-by-day basis. Website: <a href="https://thegraph.com/en/?ref=p2p.org">https://thegraph.com/en/</a> Twitter: <a href="https://twitter.com/graphprotocol?ref=p2p.org">https://twitter.com/graphprotocol</a> P2P Staking Page: <a href="https://p2p.org/thegraph?ref=p2p.org">https://p2p.org/thegraph</a> Guide: <a href="https://help.p2p.org/en/articles/5439378-metamask-the-graph-grt-staking-guide?ref=p2p.org">Metamask</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-32.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-32.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-32.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-32.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-32.png 2400w" sizes="(min-width: 720px) 720px"></figure>Tezos is an open-source blockchain network for peer-to-peer transactions. It serves as an decentralised application platform for deploying and executing highly secure smart contracts in a simple manner. It raised an impressive $232M during its ICO in July 2017 and managed to ride out the bear market out, reaching all time highs of $3.80 in Feb 2020. Tezos solves some of the drawbacks of Ethereum: High gas fees, disagreements on upgrades, and smart contract issues. Tezos is one of the first to run a delegated proof of stake (Dpos) consensus mechanism, where “bakers” (such as P2P Validator) secure and manage the network by validating transactions and are advocates in the governance of the chain. Unlike other blockchains, Tezos uses a self-amendment process to upgrade without the need for long winded and costly forks. New proposals are brought forwards and voted on by bakers. If enough support is given to the proposal, it is tested and executed. XTZ token holders can delegate their tokens to bakers who support their vision, creating a democratic and decentralised system for the growth of the network. Website: <a href="https://tezos.com/?ref=p2p.org">https://tezos.com/</a> White Paper: <a href="https://wiki.tezosagora.org/whitepaper?ref=p2p.org">https://wiki.tezosagora.org/whitepaper</a> Twitter: https://twitter.com/tezos P2P Staking Page: <a href="https://p2p.org/tezos?ref=p2p.org">https://p2p.org/tezos</a> Guides: <a href="https://help.p2p.org/en/articles/5448853-trust-wallet-tezos-xtz-staking-guide?ref=p2p.org">Trust Wallet</a>, <a href="https://help.p2p.org/en/articles/5336393-kukai-wallet-tezos-xtz-staking-guide?ref=p2p.org">Kukai Wallet</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/03/image-1.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/03/image-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/03/image-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/03/image-1.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/03/image-1.png 2400w" sizes="(min-width: 720px) 720px"></figure>Kava is an open sourced, cross-chain, decentralised lending platform that runs on the Cosmos blockchain. Users can use their cryptocurrencies as collateral in exchange for their stable coin, USDX. Users of the Kava platform will receive KAVA for their participation. Once a loan is returned, lenders will need to pay a “stability” fee in KAVA tokens which gets burned and reduces the overall supply of KAVA tokens. KAVA is an inflationary token but the increase in supply is distributed to stakers. Therefore, KAVA stakers could see high returns as they receive staking rewards to combat the inflationary aspect of KAVA, but also see their tokens increase in value once the Kava platform activity grows and more KAVA tokens get burned to pay for fees.Website: <a href="https://www.kava.io/?ref=p2p.org">https://www.kava.io/</a>‌ ‌Twitter: <a href="https://twitter.com/kava_platform?ref=p2p.org">https://twitter.com/kava_platform</a>‌ ‌P2P Staking Page: <a href="https://p2p.org/kava?ref=p2p.org">https://p2p.org/kava</a>‌ ‌Guide: <a href="https://help.p2p.org/en/articles/5470329-keplr-wallet-kava-staking-guide?ref=p2p.org">Keplr</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-37.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-37.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-37.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-37.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-37.png 2400w" sizes="(min-width: 720px) 720px"></figure>Cardano is a third generation blockchain based on fundamental research with a goal to provide a highly scalable smart-contract platform for financial and social decentralised applications. Its Ouroboros PoS system ensures a highly secure and scalable way to grow sustainably and ethically - combining unique technology, mathematically-verified mechanisms, behavioural psychology and economic philosophy. Using a treasury growing from fees, Cardano manages to incentivise innovation by rewarding contributions made by their community. Cardano seeks to fulfil cross chain bridges through KMZ side chains in order to ensure the highly valued interoperability aspect that is needed for blockchain technology to grow in usability. Cardano has already generated positive global impact with their digital identity verifications system used for Ethiopian students. Website: <a href="https://cardano.org/?ref=p2p.org">https://cardano.org/</a> Twitter: <a href="https://twitter.com/Cardano?ref=p2p.org">https://twitter.com/Cardano</a> P2P Staking Page: <a href="https://p2p.org/cardano?ref=p2p.org">https://p2p.org/cardano</a> Guides: <a href="https://help.p2p.org/en/articles/5265052-daedalus-ledger-cardano-ada-staking-guide?ref=p2p.org">Daedalus + Ledger</a>, <a href="https://help.p2p.org/en/articles/5460203-yoroi-cardano-ada-staking-guide?ref=p2p.org">Yoroi</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/07/image.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/07/image.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/07/image.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/07/image.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/07/image.png 2400w" sizes="(min-width: 720px) 720px"></figure>Threshold is a decentralised secret management network where a group of nodes (workers) perform a suite of cryptography services. It allows safe data exchange without the ability for proxies to learn the plain text info. Correctness of worker behaviour is guaranteed by staking and cryptographic proofs. Additional token emission incentivizes node operators to maintain high availability infrastructure and in the case of network rules violation a portion of their holdings will be slashed. Important: Minimum stake is 3M $T Website: <a href="https://threshold.network/?ref=p2p.org">https://threshold.network/</a> Twitter: <a href="https://twitter.com/TheTNetwork?ref=p2p.org">https://twitter.com/TheTNetwork</a> P2P Staking Page: <a href="https://p2p.org/networks/threshold?ref=p2p.org">https://p2p.org/networks/threshold</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-38.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-38.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-38.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-38.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-38.png 2400w" sizes="(min-width: 720px) 720px"></figure>IRISnet is a service infrastructure and protocol built using the Cosmos SDK and Tendermint consensus layer. The aims to be one of the first regional Cosmos network hubs outside of the Cosmos Hub. The IRIS Hub, an independent Proof-of-Stake (PoS) blockchain, will serve as the "center" of the IRIS network that will connect the other zones within the IRIS network both to each other and to the greater Cosmos ecosystem. IRISnet's service infrastructure and modules for adjacent zones will aim to support DeFi applications.Website: <a href="https://www.irisnet.org/?ref=p2p.org">https://www.irisnet.org/</a> Whitepaper: <a href="https://github.com/irisnet/irisnet/blob/master/WHITEPAPER.md?ref=p2p.org">https://github.com/irisnet/irisnet/blob/master/WHITEPAPER.md</a> Twitter: <a href="https://twitter.com/irisnetwork?ref=p2p.org">https://twitter.com/irisnetwork</a> P2P Staking Page: <a href="https://p2p.org/irisnet?ref=p2p.org">https://p2p.org/irisnet</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-39.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-39.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-39.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-39.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-39.png 2400w" sizes="(min-width: 720px) 720px"></figure>Crypto-collectibles have gained a lot of traction and non-fungible tokens (NFT) widespread adoption and popularity is growing quickly. Due to Ethereum scaling limitations and aggravating user experience, a new blockchain platform that could address mainstream consumer scale needs, while offering an unparalleled user experience was needed. Flow is a layer-1 blockchain built for the next generation of apps, games, and the digital assets that power them. Using Flow, users can build and own digital assets and trade them on open markets. Flow is designed for better user experience with multi-role architecture that allows the achievement of speed improvements without sharding, ensuring composability of applications. Resource oriented programming and upgradeable smart-contracts provide flexibility for developers. Flow has the potential to become the leading platform for building decentralised gaming applications and power the growth of crypto-collectible economies, already attracting some big players such as Ubisoft, La Liga, UFC, NFL, NBA, and more.Website: <a href="https://www.onflow.org/?ref=p2p.org">https://www.onflow.org/</a> Twitter: <a href="https://twitter.com/flow_blockchain?ref=p2p.org">https://twitter.com/flow_blockchain</a> P2P Staking Page: <a href="https://p2p.org/flow?ref=p2p.org">https://p2p.org/flow</a> Guide(s): <a href="https://help.p2p.org/en/articles/5660767-flow-flow-blocto-staking-guide?ref=p2p.org">Blocto</a>, <a href="https://help.p2p.org/en/articles/5616032-flow-flow-ledger-flow-port-staking-guide?ref=p2p.org">Flow port + Ledger</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-40.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-40.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-40.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-40.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-40.png 2400w" sizes="(min-width: 720px) 720px"></figure>Oasis protocol is a decentralised privacy-preserving platform for cloud computing that allows safe data sharing and ownership, enabling computationally complex applications. Oasis provides confidentiality at every layer of the protocol. The network is secured by proof-of-stake where the rectitude of validators responsible for consensus and nodes providing computations is provided by slashing in case of misbehaviour. At the outset, validators are incentivized by gradually decreasing emission schedule and transaction fees. Oasis native token is a staking unit with limited liquidity and low volatility serving the purpose of securing the network and incentivizing nodes to follow the protocol rules. Transaction fees are also denominated in ROSE as well as a payment for provided computations.Website: <a href="https://oasisprotocol.org/?ref=p2p.org">https://oasisprotocol.org/</a> Twitter: https://twitter.com/OasisProtocol P2P Staking Page: <a href="https://p2p.org/oasis?ref=p2p.org">https://p2p.org/oasis</a> Guides: <a href="https://help.p2p.org/en/articles/5595660-oasis-rose-staking-guide?ref=p2p.org">Oasis official wallet</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-41.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-41.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-41.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-41.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-41.png 2400w" sizes="(min-width: 720px) 720px"></figure>Terra protocol is a public blockchain built using the cosmos SDK with the intention to create a mass payment processing system as well as creating algorithmic stablecoins. By using a decentralized oracle, users can mint stable coins with the native token LUNA as collateral. Luna can also be used to pay for network transaction fees, participate in governance votes and be staked to secure the network and earn rewards. Arbitrators can profit from arbitraging the peg between the stablecoins, thus also helping ensure a fixed price. The Terra ecosystem is rapidly growing at the moment with new DeFI and NFT projects popping up everyday.Website: <a href="https://www.terra.money/?ref=p2p.org">https://www.terra.money/</a> Twitter: <a href="https://twitter.com/terra_money?ref=p2p.org">https://twitter.com/terra_money</a> P2P Staking Page: <a href="https://p2p.org/terra?ref=p2p.org">https://p2p.org/terra</a> Wallet: <a href="https://help.p2p.org/en/articles/5430133-terra-luna-terra-station-ledger-staking-guide?ref=p2p.org">Terra station + Ledger</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-42.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-42.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-42.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-42.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-42.png 2400w" sizes="(min-width: 720px) 720px"></figure><a href="https://p2p.org/near?ref=p2p.org">NEAR Protocol</a> is an open-source platform built to streamline the development and growth of decentralized applications (dapps). 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. 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. 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.Website: <a href="https://near.org/?ref=p2p.org">https://near.org/</a> Twitter: <a href="https://twitter.com/nearprotocol?ref=p2p.org">https://twitter.com/nearprotocol</a> Whitepaper: <a href="https://near.org/papers/the-official-near-white-paper/?ref=p2p.org">https://near.org/papers/the-official-near-white-paper/</a> P2P Staking Page: <a href="https://p2p.org/near?ref=p2p.org">https://p2p.org/near</a> Guide: <a href="https://help.p2p.org/en/articles/5439407-near-near-staking-guide?ref=p2p.org">Near Wallet</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-44.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-44.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-44.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-44.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-44.png 2400w" sizes="(min-width: 720px) 720px"></figure>The Mina protocol is best described as the world's lightest blockchain. It has been built to maintain a constant size of 22 kb no matter how much it grows in usage. This allows any user to verify the whole protocol history since it’s genesis block without needing large amounts of storage. This is achieved by using recursive zero-knowledge proofs (zk-SNARKs), to verify that the information is valid without needing to reveal it. This constant size also allows the network to scale in terms of decentralisation since it’s much easier for anyone to run a node. The native token, MINA, is required to participate in block production. It can also be used to purchase SNARK proofs via the Snarketplace. Snapps (SNARK-powered decentralised apps), allow MINA participants to benefit from a vast array of use cases. Potential use cases include Verification of Asset Ownership and Proof of Trade. Both aim to solve current DeFI problems that users experience everyday. Website: <a href="https://minaprotocol.com/?ref=p2p.org">https://minaprotocol.com/</a> Twitter: <a href="https://twitter.com/MinaProtocol?ref=p2p.org">https://twitter.com/MinaProtocol</a> P2P Staking Page: <a href="https://p2p.org/mina?ref=p2p.org">https://p2p.org/mina</a> Guides: <a href="https://help.p2p.org/en/articles/5307251-clorio-mina-mina-staking-guide?ref=p2p.org">Clorio</a>, <a href="https://help.p2p.org/en/articles/5326940-auro-mina-mina-staking-guide?ref=p2p.org">Auro</a>, <a href="https://help.p2p.org/en/articles/5341996-stakingpower-mina-mina-staking-guide?ref=p2p.org">StakingPower</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-47.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-47.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-47.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-47.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-47.png 2400w" sizes="(min-width: 720px) 720px"></figure>Elrond is a massively scalable, fast and secure blockchain that utilises sharding to achieve incredibly cheap and fast transactions. This is realised by using “Adaptive State Sharding'' which combines three different sharding types, State, Transactions and Network sharding. Elrond also utilises a novel approach to Proof-of-Staking called “Secure Proof of Stake”. This streamlines and optimises a lot of the computational work resulting in better network performance. The Elrond network also supports a native token, eGold, that is used to pay for transaction fees and reward stakers for securing the network. As a way to reward developers and increase network adoption, Elrond allows 30% of the smart contracts fees to be earned as royalties. Website: https://elrond.com/ Whitepaper: https://elrond.com/assets/files/elrond-whitepaper.pdf Twitter: https://twitter.com/ElrondNetwork P2P Staking Page: <a href="https://p2p.org/elrond?ref=p2p.org">https://p2p.org/elrond</a> Guides: <a href="https://help.p2p.org/en/articles/5822135-elrond-egld-staking-guide-with-elrond-web-wallet?ref=p2p.org">Elrond Wallet</a>, <a href="https://help.p2p.org/en/articles/5856803-elrond-egld-staking-guide-with-maiar-mobile-wallet?ref=p2p.org">Maiar</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-50.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-50.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-50.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-50.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-50.png 2400w" sizes="(min-width: 720px) 720px"></figure>Agoric is a secure JavaScript smart-contract platform that allows developers to reuse a set of trusted components to build decentralised applications (dapps). Critical smart-contract bugs result in million dollar losses for developers and users of dApps. They are still considered risky and difficult to use. Agoric simplifies building an application allowing developers to focus on it's purpose and makes interaction with contracts much safer. With the Zoe framework developed by Agoric even a buggy contract won't lead to the loss of funds put inside as they become automatically escrowed. Another well-known problem is a lack of developers in crypto. Inflow of new talents can boost the ecosystem’s growth adding to composability. JavaScript remains the most fast-growing programming language having over 10 millions developers all over the world. We believe that a composable framework built by Agoric is capable of attracting a significant portion of JavaScript developers into the space.Website: https://agoric.com/ Whitepaper: https://agoric.com/wp-content/uploads/2021/12/Agoric-White-Paper-v1.0-1.pdf Twitter: https://twitter.com/agoric P2P Staking Page: <a href="https://p2p.org/agoric?ref=p2p.org">https://p2p.org/agoric</a> Guide: <a href="https://p2p.org/economy/staking-agoric-with-keplr-wallet/">Keplr</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-45.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-45.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-45.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-45.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-45.png 2400w" sizes="(min-width: 720px) 720px"></figure>Agriculture sustainability and its impact on climate change is potentially one of the most important problems we need to tackle. Soil erosion and land degradation not only has an effect on farmers and the food we eat, it also branches out to water quality, the energy sector, urban infrastructure, and our landscapes - compromising the well-being of billions of people around the world. The acknowledgment of the environmental crisis is set and increasing, and consumer demand for environmentally friendly products is growing fast. Technological advancement allows us to achieve incredible results in this area if used correctly. Regen has built a platform for ecological agreements between brands and farmers and uses blockchain technology - built into the Cosmos ecosystem - to bring trust and transparency towards the verification of the data and ensures the outcome of contracts created. Sustainability and blockchain technology are inevitable and are both in its early phases. By holding and staking Regen you will be supporting their planetary regenerations efforts with the potential to see high returns if both industries grow.Website: https://www.regen.network/ Whitepaper: https://regen-network.gitlab.io/whitepaper/WhitePaper.pdf Twitter: https://twitter.com/regen_network P2P Staking Page: <a href="https://p2p.org/regen?ref=p2p.org">https://p2p.org/regen</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-53.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-53.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-53.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-53.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-53.png 2400w" sizes="(min-width: 720px) 720px"></figure>Persistence is a DPoS layer 1 blockchain built within Cosmos, with the aim of creating an ecosystem of multi-chain dapps providing Web3 products focused on DeFi, NFTs, and PoS solutions. Persistence provides a SDK toolkit to easily build dapps connected to the main chain. Each dapp runs their own chain but are all secured within the Persistence blockchain. Not only will each dapps easily interact with each other, they will be able to take advantage of Cosmos’ IBC, allowing the transfer of tokens and information to multiple other blockchains outside Cosmos. Its native token is XPRT, a utility token used to pay for fees among the dapps in the Persistence ecosystem. These fees will be placed in a pool and redistributed to XPRT token holders who are staking. If the ecosystem attracts high demand, this could result in significant returns for early XPRT token holders. Additionally, the XPRT token also gives you the right to participate in governance, giving you a say in the direction of the network. Persistence has the backing of large and reputable institutions such as Terra, Tendermint, Interchain, Alameda research, and more. Website: https://persistence.one/ Whitepaper: https://persistence.one/static/media/whitepaper.aa159390.pdf Twitter: https://twitter.com/PersistenceOne P2P Staking Page: <a href="https://p2p.org/persistence?ref=p2p.org">https://p2p.org/persistence</a> Guide: <a href="https://help.p2p.org/en/articles/5949674-persistence-xprt-staking-guide-keplr-ledger?ref=p2p.org">Keplr</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-46.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-46.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-46.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-46.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-46.png 2400w" sizes="(min-width: 720px) 720px"></figure>Moonriver is a smart-contract parachain on Kusama and was created as a test environment for Moonbeam - a smart contract Polkadot platform. New code will be tested on Moonriver under real economic conditions first, and once proven it will move to Moonbeam. Moonbeam is a developer orientated ethereum-compatible smart contract parachain on Polkadot. This allows for Solidity (programing language used on Ethereum) based smart contracts to be deployed on the Polkadot network with little configuration required. Moonbeam bridges the Polkadot and Ethereum ecosystem, a major milestone for the interoperability goals set by Polkadot allowing both ecosystem . MOVR is a utility token for Moonriver, with its functions being: support of gas metering of the execution of smart contracts, incentivising Collators, governance, and paying transactions fees on the network. Lastly, you can stake MOVR tokens and earn staking rewards to compound your balance.Website: https://moonbeam.network/networks/moonriver/ Twitter: https://twitter.com/MoonriverNW P2P Staking Page: <a href="https://p2p.org/moonriver?ref=p2p.org">https://p2p.org/moonriver</a> Guide: <a href="https://help.p2p.org/en/articles/5671204-moonriver-movr-staking-guide?ref=p2p.org">Metamask</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-43.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-43.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-43.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-43.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-43.png 2400w" sizes="(min-width: 720px) 720px"></figure>Marlin is a collection of open protocols built to provide the infrastructure required to run decentralised blockchains and applications. Marlin is chain agnostic and can be used by several layer-1 and layer 2 protocols to leverage the speed and scalability provided. The native network token, POND, can be used to vote on governance proposals, compensate users from the insurance fund and to secure the network via staking, allowing participants to earn rewards while doing so. The Marlin protocol leverages speed and scalability to be able to achieve web 2.0 performance in a world of decentralisation. Latencies of less than 150ms can be achieved without compromising on decentralisation.Website: <a href="https://marlinnetwork.com/?ref=p2p.org">https://marlinnetwork.com/</a> Twitter: <a href="https://twitter.com/MarlinProtocol?ref=p2p.org">https://twitter.com/MarlinProtocol</a> Whitepaper: <a href="https://www.marlin.org/whitepaper?ref=p2p.org">https://www.marlin.org/whitepaper</a> P2P Staking Page: <a href="https://p2p.org/marlin?ref=p2p.org">https://p2p.org/marlin</a> Guide: <a href="https://p2p.org/economy/stake-pond-with-marlin/">Metamask</a> <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-54.png" class="kg-image" alt loading="lazy" width="2000" height="455" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-54.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-54.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-54.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-54.png 2400w" sizes="(min-width: 720px) 720px"></figure>The Vega protocol is a native Web3 derivative layer that aims to build a decentralised financial future to rival the current centralised products. Vega allows participants to trade derivatives on a purposely built blockchain while offering a comparable performance to that of a centralised system. The native VEGA token can be used to secure the network by staking, allowing participants to earn fees from trading. It can also be used to vote on the creation and closure of markets and several parameters that influence certain market behaviours. The network employs an incredibly high performance required to support all the margin calculations necessary to run a derivative trading platform. An interesting feature of the Vega protocol is that there are no gas fees on transactions, instead fees are only charged when a trade occurs. Website: https://vega.xyz/ Whitepaper: https://vega.xyz/papers/vega-protocol-whitepaper.pdf Twitter: https://twitter.com/vegaprotocol P2P Staking Page: <a href="https://p2p.org/vega?ref=p2p.org">https://p2p.org/vega</a> Guide: <a href="https://help.p2p.org/en/articles/5715086-vega-vega-staking-guide-on-windows?ref=p2p.org">Vega Wallet</a><hr>About P2P Validator <a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only high class staking opportunities securing more than 2.5 billion of USD value at the time of the latest update.P2P Validator is trusted by over 24,000 delegators across 25+ networks. We are a major player in all networks we support because of our experience, commitments and our reputation. We pay special attention to the process of governance. P2P has the intention to contribute and provide long term support to all networks they stake with.

Admin

from p2p validator

Kusama Kusama Validator Offline Offence - Post Mortem

<h2 id="summary">Summary</h2>One of our Validator nodes went offline at the end of era 3281 until the start of era 3282 as the result of the corruption of a blockchain database that was being used. This led to the inability to produce blocks for 2h:45m.<h2 id="what-happened">What happened</h2>A database that we were using to run our validator node crashed. We immediately took action and started deploying a new node using a recent snapshot of our disk. Once fully synced, new keys were generated and signed off before turning the validation service back on. As we created a new validator with the rotation of session keys, we were forced to chill for an additional epoch.<h2 id="customer-impact">Customer Impact</h2>Delegators who nominated this validator and had their stake allocated to it will receive lower rewards than it could have potentially earned for 2 epochs.<h2 id="what-went-wrong">What went wrong?</h2>Inadequate tools for this particular event. We did not deploy the db from our backups (pruned) because on occasion, we faced issues with our automation running too long. Additionally, we had not recovered the session keys since it’s always a risky option and the situation at hand did not warrant taking such risks.<h2 id="what-went-well">What went well?</h2>It was immediately notified that the node stopped producing blocks and the root cause was identified almost instantly. This allowed us to swiftly amend the occurrence, and with the help of fully automated key rotation/verification and signing cycle, we were able to get a fully operational node running in an effective manner.<h2 id="lessons-learnt-and-action-plan">Lessons learnt and action plan</h2>Improve our incident handling procedures and find a faultless and rapid fix for these kinds of events. We already improved and reached faster spin up for fully synced nodes and will implement a solution for safe session keys management.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.<hr>If you have any questions feel free to join our<a href="https://t.me/P2Pstaking?ref=p2p.org"> Telegram chat</a>, we are always open for communication.

Admin

from p2p validator

Persistence Persistence (XPRT) Staking Guide - [Keplr + Ledger]

This tutorial helps you stake and manage <a href="https://p2p.org/persistence?ref=p2p.org">XPRT</a> tokens using the <a href="https://www.keplr.app/?ref=p2p.org">Keplr</a> Browser Extension together with your <a href="https://www.ledger.com/?ref=p2p.org">Ledger</a> device. This guide will help you<ol><li>Set up your Keplr Wallet</li><li>Deposit your XPRT tokens to your wallet</li><li>Stake XPRT to earn staking rewards</li><li>Manage your XPRT stake and grow your portfolio </li></ol>Before you start:<ol><li>Download and install the newest version of <a href="https://www.ledger.com/ledger-live/download?ref=p2p.org">Ledger Live</a> on your desktop machine.</li><li>Update your <a href="https://support.ledger.com/hc/en-us/articles/360013349800-Update-Ledger-Nano-X-firmware?docs=true&ref=p2p.org">Ledger</a> device to the newest firmware.</li><li>Install the latest version of the Persistence App on your Ledger device. </li></ol>See below for our step-by-step guide.<h2 id="i-setting-up-your-keplr-wallet">I. Setting up your Keplr Wallet</h2><ol><li>Open the Keplr Browser Extension and press ‘Import Ledger’.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image--14-.png" class="kg-image" alt loading="lazy" width="685" height="449" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image--14-.png 600w, https://p2p.org/economy/content/images/2022/02/image--14-.png 685w"></figure>2. Type the account name you wish to use, then click ‘Next’.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-2.png" class="kg-image" alt loading="lazy" width="645" height="520" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-2.png 600w, https://p2p.org/economy/content/images/2022/02/image-2.png 645w"></figure>3. Plug in and unlock your Ledger device. Open the Persistence app and click ‘Next’.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-3.png" class="kg-image" alt loading="lazy" width="458" height="597"></figure>4. Your Keplr account should now be successfully connected to your Ledger device.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-4.png" class="kg-image" alt loading="lazy" width="641" height="458" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-4.png 600w, https://p2p.org/economy/content/images/2022/02/image-4.png 641w"></figure>Now you will need to deposit XPRT into your wallet.<h2 id="ii-deposit-persistence-xprt-into-your-keplr-wallet">II. Deposit Persistence (XPRT) into your Keplr wallet</h2>1. Open the Keplr Browser Extension and choose your Ledger account (via the ‘human icon’ on the top right).<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-29.png" class="kg-image" alt loading="lazy" width="710" height="108" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-29.png 600w, https://p2p.org/economy/content/images/2022/02/image-29.png 710w"></figure>2. Find your Persistence wallet by selecting the drop down menu on the top.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-15.png" class="kg-image" alt loading="lazy" width="352" height="570"></figure>3. Copy your address by clicking on it as indicated in the image below. Alternatively you can select "Deposit" to find your address QR code. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-16.png" class="kg-image" alt loading="lazy" width="351" height="536"></figure>Once you have deposited your XPRT and you own a balance on your Keplr wallet, you are now ready to start staking! <h2 id="iii-staking-your-xprt">III. Staking your XPRT!</h2>1. To start staking select "Stake". You will be prompted to the web version of the Keplr wallet where you will see a list of validators. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-17.png" class="kg-image" alt loading="lazy" width="351" height="536"></figure>2. Choose your validator (P2P.ORG - P2P Validator) then click ‘Manage’ and ‘Delegate’ in the next picture.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-19.png" class="kg-image" alt loading="lazy" width="2000" height="544" srcset="https://p2p.org/economy/content/images/size/w600/2022/02/image-19.png 600w, https://p2p.org/economy/content/images/size/w1000/2022/02/image-19.png 1000w, https://p2p.org/economy/content/images/size/w1600/2022/02/image-19.png 1600w, https://p2p.org/economy/content/images/size/w2400/2022/02/image-19.png 2400w" sizes="(min-width: 720px) 720px"></figure>3. Choose the amount of XPRT you want to stake and click ‘Delegate’.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-22.png" class="kg-image" alt loading="lazy" width="489" height="523"></figure>4. Set your preferred fee and select "Approve". <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-25.png" class="kg-image" alt loading="lazy" width="353" height="576"></figure>5. Check the information on your Ledger device and click ‘Approve’ on it.6. Use the Dashboard within the <a href="https://wallet.keplr.app/?ref=p2p.org#/cosmoshub-4/stake">Keplr Web Wallet</a> to see whether your delegation was successful.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-27.png" class="kg-image" alt loading="lazy" width="354" height="599"></figure>Now let’s move on to managing your staking assets.<h2 id="iv-managing-your-persistence-xprt-stake">IV. Managing your Persistence (XPRT) stake</h2><h3 id="claim-your-xprt-staking-rewards">Claim your XPRT staking rewards</h3>1. Open the Keplr Browser Extension and click ‘Claim’.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2022/02/image-28.png" class="kg-image" alt loading="lazy" width="354" height="599"></figure>2. Set your preferred fee and select "Approve". 3. Plug in your Ledger device, unlock, and open the Persistence app on it, then click ‘Next’ in the Browser Extension pop-up.4. Review the transaction on your Ledger device and confirm it.<h3 id="compound-your-xprt-staking-rewards-to-increase-your-return">Compound your XPRT staking rewards to increase your return</h3>To compound, you simply have to claim your XPRT rewards and go through the staking process again as in section III. That’s it!Now you know how to delegate and compound your XPRT staking rewards using the Keplr Browser Extension together with your Ledger device.If any questions arise, whether on XPRT staking or not, feel free to contact us via <a href="https://twitter.com/p2pvalidator?ref=p2p.org">Twitter</a>, <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram</a>, or <a href="https://p2p.org/?ref=p2p.org#contact-us">email</a>. About P2P Validator <a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only high class staking opportunities securing more than 3 billion of USD value at the time of the latest update.P2P Validator is trusted by over 24,000 delegators across 25+ networks. We are a major player in all networks we support because of our experience, commitments and our reputation. We pay special attention to the process of governance. P2P has the intention to contribute and provide long term support to the Persistence (XPRT) network.

Admin

from p2p validator

Near Near Incident - Post Mortem

<h2 id="tldr">TLDR</h2> 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.<h2 id="what-happened">What happened?</h2> 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.<h2 id="what-went-wrong">What went wrong?</h2> The potential impact of the issue was underestimated.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?ref=p2p.org">GitHub issue</a> was created afterwards.Monitoring was insufficient.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.<h2 id="what-went-well">What went well?</h2> 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.<h2 id="impact-on-clients">Impact on clients</h2> 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.<h2 id="lessons-learned">Lessons learned</h2> 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 & 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.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.<hr>If you have any questions feel free to join our<a href="https://t.me/P2Pstaking?ref=p2p.org"> Telegram chat</a>, we are always open for communication. Special thanks to Evgeny Kuzyakov & DenysK for providing a state snapshot and general support.<hr>

Admin

from p2p validator

Agoric Staking Agoric with Keplr wallet

In this article we will guide you through the process of staking Agoric governance token (BLD) using the Keplr wallet.<hr>To begin, head over to the<a href="https://wallet.keplr.app/?ref=p2p.org"> Keplr wallet</a> website.1. You will be prompted to install the Keplr browser extension. Once you have done so, open the extension and either create an account or login by importing an account already created.<figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/a1LuAKHz6UdLyFhh_bIEYFHc70PvZd-QO6nhf_9hExPuie_LQWe5fNi0i7byB9NJrnjwTrIhawubDvwHWR88m6jxYz7Pe9uOrjZ9M2k0leR6WHQRHEPW_P80xOG_TQjJlmYzcJbh" class="kg-image" alt loading="lazy"></figure>2. Once your account is set up, you now need to navigate to the Agoric section and select Stake. Click Manage to proceed with delegation.<figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/_3ks08mqYw3PSsLvhfatnqJuJATt2wuqvYmpCYQtJ387Xjd-Wc-3EFjEyq8H9XhNgRIjMs_LNXYH7oLjOGVN4KVtHKjRCBes-rBWPeTUqfihDsnSvxxbA_76tD37z6u0mwV9n-zz" class="kg-image" alt loading="lazy"></figure>3. Press Delegate.<figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/XuoONXjcXmDQhTiciBNWdg2uhZ4IYAZqn_ON94fKyMotwzumv1wQ6iMOo2xen4zmO7RmEdEP5MGL8DfSJ1UfB_EXxQf27W_-ElPCHkM5e-IDoM1S-ZDcJw-q7_8pjBfDr7WEyQ8P" class="kg-image" alt loading="lazy"></figure>4. Input the amount and press Delegate.<figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/PankhoHKPLWX_EOdFKt5Qjzvid6r5IXlw0v62EBbMqCT4Q4T_vBTZJpnOmWaaQFuKh79lJ80sFb0nMY7V8ZFmMS0Gxg3uGmSnx_XYUk16Y0HW56J0Msr6LEsurtu1i1Uy9F344g5" class="kg-image" alt loading="lazy"></figure>5. Confirm the transaction in Keplr Wallet to start staking!<h3 id="about-p2p-validator">About P2P Validator</h3><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only high class staking opportunities securing more than 3 billion of USD value at the time of the latest update.P2P Validator is trusted by over 24,000 delegators across 25+ networks. We are a major player in all networks we support because of our experience, commitments and our reputation. We pay special attention to the process of governance. P2P invested in Agoric with intention to contribute and provide long term support to the network.<hr>Want to stake Agoric (BLD) with us? Visit<a href="https://p2p.org/elrond?ref=p2p.org"> </a><a href="https://p2p.org/agoric?ref=p2p.org">https://p2p.org/agoric</a> to find out more about Agoric staking.<hr>If you have any questions, feel free to join our<a href="https://t.me/P2Pstaking?ref=p2p.org"> Telegram chat</a>, we are always open for communication.

Admin

from p2p validator

Agoric P2P Validator Joins Agoric as a Node Operator

Agoric is a secure JavaScript smart-contract platform that allows developers to reuse a set of trusted components to build decentralized applications (dApps). Smart-contracts power the new efficient economy that doesn't rely on a third party while all the interactions within the system are fair and transparent. Critical smart-contract bugs result in million dollar losses for developers and users of dApps. They are still considered risky and difficult to use.Agoric uses an object-capabilities (ocap) security architecture defining constraints on how references to the objects are obtained. It simplifies building an application allowing developers to focus on it's purpose and makes interaction with contracts much safer. With the Zoe framework developed by Agoric even a buggy contract won't lead to the loss of funds put inside as they become automatically escrowed.Another well-known problem is a lack of developers in crypto. Many exciting use cases are still to be invented. Inflow of new talents can boost the ecosystem’s growth adding to composability. JavaScript remains the most fast-growing programming language having over 10 millions developers all over the world. We believe that a composable framework built by Agoric is capable of attracting a significant portion of JavaScript developers into the space.We are excited to announce that P2P Validator joined Agoric mainnet as a node operator. Agoric vision is fully in line with our mission to make decentralized finance secure, accessible and simple for everyone.Our team has more than 3 years of experience in validating Tendermint based networks. P2P Validator maintains highly-available nodes, uses advanced alerting and monitoring systems providing 24/7 technical support. We are early Agoric investors having our own skin in the game.Currently Agoric is in phase 0 of mainnet. We have prepared a <a href="https://p2p.org/economy/staking-agoric-with-keplr-wallet/">staking guide</a> to simplify delegation process. Feel free to visit <a href="https://p2p.org/agoric?ref=p2p.org">p2p.org/agoric</a> to find out more.<h3 id="about-agoric">About Agoric</h3>Agoric is developing a secure distributed ocap platform for smart-contracts and market-oriented programming. It provides a reusable library of safe composable DeFi components to build decentralized applications at scale. It is built by the team that is deeply involved in the JavaScript and Cosmos ecosystem. Agoric is supported by notable venture funds including Polychain, Outlier Ventures, Placeholder, Compound and many others.Learn more by visiting the<a href="https://agoric.com/?ref=p2p.org"> Agoric website</a>,<a href="https://twitter.com/agoric?ref=p2p.org"> Twitter</a> or<a href="https://t.me/agoricsystems?ref=p2p.org"> Telegram</a>. If you’re a developer, explore possibilities<a href="https://agoric.com/develop/?ref=p2p.org"> here</a> and join the discussion on<a href="https://agoric.com/discord?ref=p2p.org"> Discord</a>.<h3 id="about-p2p">About P2P</h3><a href="https://p2p.org/?utm_source=p2p_agoric_announcement&utm_medium=blog_post&utm_campaign=announcement_about_p2p_agoric&utm_id=2">P2P Validator</a> 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. At the time of the latest update, more than 3 billion of USD value is staked with P2P Validator by over 20,000 delegators across 25+ networks. We are early Agoric investors committed to provide a long term support for the ecosystem.

Alex Bondar

from p2p validator

Elrond Elrond (EGLD) Guide Using Maiar Mobile Wallet

We have created a step-by-step guide to help you stake Elrond (EGLD) using the Maiar mobile wallet.<h3 id="create-your-elrond-wallet">Create your Elrond Wallet</h3> Start by heading over to the Maiar <a href="https://maiar.com/?ref=p2p.org">website</a> and download the app. The app is available for both <a href="https://play.google.com/store/apps/details?id=com.elrond.maiar.wallet&ref=p2p.org">Android</a> and <a href="https://apps.apple.com/us/app/maiar/id1519405832?ref=p2p.org">IoS</a> devices. Once you have downloaded the app, launch it and press continue until you reach this screen: <figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/Gu9cSD8sKYaW2nMcKJd0RUF84Hak8tLwcIDv5hE6kZW8B6baHxKJJ0JATwbt2cd_u0xp8mMEUzPIOTh_E-jRuf8ajJpIrffOv_IXkzsiiMAJYqTWwAzJEMZMeyB5Q6HNIZfEgEqq" class="kg-image" alt loading="lazy"></figure> After you click “create a new wallet”, you will be prompted to input your phone number. A verification code will be sent to you. Input the code and your wallet will be all set up. Now all you have to do is deposit funds into the wallet. <h3 id="deposit-egld">Deposit EGLD</h3>There are 2 ways to fund the wallet. You can use the original wallet address or the herotag associated with your wallet. The herotag can only be used if you are receiving funds from another Maiar wallet. To find the address, click on eGold on the main screen and select deposit. <figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/U2HKXEz--5Xxap9ebyjN9NwPUez3STiSz2xaESNSUv9Vob1m9ZOSmtCY2CYsWwus3L-d3kWjzcjHBfkPQ2B7F4e-kIVFWn91eJldpaIEfIdddZ44jMrkBgQpcedyWD8xK6YuCos7" class="kg-image" alt loading="lazy"></figure><h3 id="stake-egld">Stake EGLD</h3>To stake, click on the button located on the bottom middle of the screen:<figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/U2HKXEz--5Xxap9ebyjN9NwPUez3STiSz2xaESNSUv9Vob1m9ZOSmtCY2CYsWwus3L-d3kWjzcjHBfkPQ2B7F4e-kIVFWn91eJldpaIEfIdddZ44jMrkBgQpcedyWD8xK6YuCos7" class="kg-image" alt loading="lazy"></figure> A drop down menu will appear. Once there click "Earn": <figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/gYKaV7WN6I5_qEfDWvJwYwtCH3TgaeOsw8q7df0qb-uh1F_L7_TEp8el91ml15oSbsp483wvBtKg5b9GUCQcJZxrc29wqGH6xehkfyHk0bymCEsygCBx_Hu2_6owYcDVukdKlHpN" class="kg-image" alt loading="lazy"></figure> This new screen displays your current delegations and rewards. Proceed by clicking “Stake”:<figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/cCxBazFxpPYkIl_08XpEMiIVvsLY21gT2vkcy3V9whCqsBPg9qiuyt10rM4b5xvLF0u0COPb6UQNADd9XuSV8iStzq62aME7tcoA19t9gmxAC72h_t-i9_zvn8fQLuiaNLQH6MoQ" class="kg-image" alt loading="lazy"></figure> Search for P2P validator from the list of staking providers and select it before pressing continue:<figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/XiimaVFFgLuUCA7lat5mIJ74sNY_CyPxWZL9ID6gIccyIvNSbBwGQW7khZfcECHIOifoFGFwZUbzhVl4FpYxDxdQczQZzR50Hy8LmV1ZKc_WlPHg_a_L_QDGg15OSsPXOfpVQqqQ" class="kg-image" alt loading="lazy"></figure>Input the amount that you want to stake and press continue. Please note that the minimum amount is 1 EGLD:<figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/C17eYkRPHuTZn7r9GFfl0CXW_4WU6c_-LaJEK8on0M5J8aRf0SNCjV7xG7E1cRknIYyYY_Njt-2pCEiiwNJDQtAH6B32FczN_kqtbdum-huBmyF1nw0rW6QK-t8l8rqk1C5v9tpd" class="kg-image" alt loading="lazy"></figure>A confirmation screen will pop-up. Once you verify that everything is in order press stake. After waiting a few seconds for the transaction to be confirmed you should now be staking. You can confirm by going to the previous screen where you will see your active staking:<figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/BSGxs9_s7UkjCYzaHMiYa2IW9JekQJwOUdDm1doKEFA8f8UMRZPP-R8BxP4JUK7C5W3nuCSdvXy-4uhNVwmGoao9gUBG7mSBZCXD42r0ek-rf8YSEM_aMmfe2KUYfpu49zcMZRfN" class="kg-image" alt loading="lazy"></figure> Thats it! You will start receiving rewards at the end of the next epoch with each epoch lasting 24 hours. Please note that you will have to manually claim your rewards. <hr><h3 id="about-p2p-validator">About P2P Validator</h3><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only high class staking opportunities securing more than 4 billion of USD value at the time of the latest update.P2P Validator is trusted by over 24,000 delegators across 25+ networks. We are a major player in all networks we support because of our experience, commitments and our reputation. We pay special attention to the process of governance.<hr>Want to stake Elrond (EGLD) with us? Visit <a href="https://p2p.org/elrond?ref=p2p.org">https://p2p.org/elrond</a> to find out more about Elrond staking. If you have any questions, feel free to join our<a href="https://t.me/P2Pstaking?ref=p2p.org"> Telegram chat</a>, we are always open for communication.

Admin

from p2p validator

Elrond Elrond (EGLD) Staking Guide Using Elrond Web Wallet

We have created a step-by-step guide to help you stake Elrond (EGLD) using the Elrond web wallet.<h3 id="create-your-elrond-wallet">Create your Elrond Wallet</h3><ol><li>First you need to go to the wallet <a href="https://wallet.elrond.com/?ref=p2p.org">website</a>. Once there you will be prompted to begin the process. Start by pressing the “Let’s get started” box: </li></ol><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/-DMtPCmaZa9_qX6EyjGjPYxJLh_7uwx_I6Hat_r8Ua5gW2Uddz41bablvlNxKEnmPli80f0GR5aG-hzCkw5J5HEPy4dLxJvppunG3S-Cm-Da0MzHjSmfY-s_1U-3xsG7Q2arb5u8" class="kg-image" alt loading="lazy"></figure>2. You will then be presented with some information about the wallet. Be sure to read it, and once you are done press the “Next step” box and finally the “Thanks for the info” box:<figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/5H-OsTIShKlHy_eRYfun58-P6PjwyHQdt2nudHpvuZN7uSudB0SHzSQJdmqOgi4s6sxmxrW0gvyRzx1HSG37k3Z0h9aRdRO8_vM20j-CWeoA_boynNsyJ8MKMIBWUYAAJa0rKbBY" class="kg-image" alt loading="lazy"></figure>3. Now you can click on the “create wallet” box:<figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/NmV6ejIv_3QeyJAujlY4tvTC-I6WxBLYFu5VD0XWGqvRCZz4Lf9hWmmQilIBNEx4bxBWAr0DoUSlNME74MS81KVZh3erUa65zdZJ7ozPJBiKR9Z7w3y5gpfTh2E9WXT84dC-ujvf" class="kg-image" alt loading="lazy"></figure>4. Read and select both prompts to continue: <figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/13iL-5Uq-W5DcR7td3AabOdfEmC-MHbNqvSsIdWdMb9IfZ0_YcBCYUMVAtKtaRTuwNiFVAbsh2DeG2-KOiOQc35WnvUbukjL-5lozHHy1Z_QWTPPoTB0MtNg_rE067MYf44wJqtH" class="kg-image" alt loading="lazy"></figure>5. Write down your seed phrase in a secure place that only you can access. This is used to gain back access to your wallet if you lose it. If you lose the seed phrase you may lose the funds stored in the wallet. Warning: Never share this with anyone.6. Enter the words in the corrected order as prompted by the screen: <figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/9ubcwmhitRnN9ndfhmmK06k1POn9fT9oRmoOJRRvkdrKgA5Du9aLVj9E404Jb6LZj90ags3L40VJOv5IsiDNN_JA-TTYNZ-38mWZWzt6otT9YCmUnT5PZqIY-KkVVWpvAaenAH8r" class="kg-image" alt loading="lazy"></figure>7. Next, create a password for your wallet (it must contain at least one number and a special character):<figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/Nhei9GK81gVRFlABqHBh7xWuRigxOpqWMlyDAX90GLzTev1KEV6VY9HXtepPLZicpSSrxByFhi9w28FtxYlqEdQ-Xf1tq2XoK-G6qGCpz6gDrKlXhGyAH386g0K3jNMGvuRBc0B_" class="kg-image" alt loading="lazy"></figure>8. And you are all set! The wallet has been created. You might notice that a file was downloaded to your device. This file is required to access your wallet, so keep it safe. If you lose it you can recover access using the seed phrase. <figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/_2kTJiKkaLCsqiudVKUYXpTJErWhi_38c5EKmV9SnOiUzHWAbdF65QeF99xVv8Thnqb2JPA7EmFvsYnm-ouxYIwYQki54mNa8hXZAjCc4707bulPEZUKLWlbvfRrCZv100oG0GtE" class="kg-image" alt loading="lazy"></figure><h3 id="stake-egld">Stake EGLD</h3>1. First you need to go to the Stake section of the wallet. Select Stake on the Menu on the right-hand side of your screen:<figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/zmLgPY8D122Ua0Y-0ZTlcGmXjIVWDKH83Ni2OFVqebd2Ue2g9sboawBE5MZjakqa2LOPdI6su65pZn8pBbaHzzJNS5OeN0dGV9oGAZKDv6h57eXMKvU4Ivmyaxfrj57sFFYliBU6" class="kg-image" alt loading="lazy"></figure> 2. You will be taken to the Staking Dashboard, where you can find information about your stake and rewards (once we complete the process). Once there press “stake now” and a new window will open:<figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/Si7lCVtJz_tyvUE01Ky9oHituMgk-O8Gf65oichfhmKxCNWhzmziMsDd3BuWhP4yMqMrP9cpzRSnpyZz3XEnVxW-lxRtE1Hne7FyvHZvSl7y5yFhKUnQ6eCm9kTSgq8_wlUYPKQG" class="kg-image" alt loading="lazy"></figure>3. Find P2P validator from the list and select it. <figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/EnDGlvUwkzog5m5k-qzJBi7SROJzK_gKc3aSLpmvotSKD4AbLeHPAwAw0o6zPa9QmVqgWybDNoqOeC_iwvTQG7kquskLqXCg5DuwTHgPqGS-Cg3JE7LmEp-2ecwugC48LWCR9Q7_" class="kg-image" alt loading="lazy"></figure>4. Input the amount you want to stake and press continue. Please note that a minimum of 1 EGLD is required to start staking:<figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/K8D0BR_mgU-1nlybIN5i4UQZMCOKlPzw5F66M6nQP9NRUPhezkhp5-Jh6qRPrfTWfcygymRVqsirV6yZiaZ9pj-6dIYNvU6MwJCkv25Kc96aPwI_gR3TVuCwYFbv8qrME4cYqwAU" class="kg-image" alt loading="lazy"></figure>5. In the next screen, you can review all the transaction information. If everything is in order, press the “confirm” button:<figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/lK08z3d41D9BKsYjwzcAyi9S6d0Ct0RGpt4-kJHLWHppKBqQEBI7rnKkPud11oRQMe5fTrkEcCZqN5gRCzPjw3WyNSZQ94XKlqHYzzrreKXf66QP6MxxOZlwOYz3IOnfeJ_sE2-k" class="kg-image" alt loading="lazy"></figure>6. After a few seconds your transaction will be processed: <figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/TT5lzr4sSOM6VtQQP6ozEJSkzdnDsHhRlDOB9g6sr1ld22xmJJ1ALotZ4UQRrb-83iGvGyzuVYiy05GEIWxasfhAnScRTvf9_ToImq0LSh0gl5a93KOQ4aM1Al_TSbIGplEFFhTZ" class="kg-image" alt loading="lazy"></figure> Your funds are now staking. You will start receiving rewards at the end of the next epoch with each epoch lasting 24 hours. Please note that you will have to manually claim your rewards.<hr><h3 id="about-p2p-validator">About P2P Validator</h3><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only high class staking opportunities securing more than 4 billion of USD value at the time of the latest update.P2P Validator is trusted by over 24,000 delegators across 25+ networks. We are a major player in all networks we support because of our experience, commitments and our reputation. We pay special attention to the process of governance.<hr>Want to stake Elrond (EGLD) with us? Visit <a href="https://p2p.org/elrond?ref=p2p.org">https://p2p.org/elrond</a> to find out more about Elrond staking. If you have any questions, feel free to join our<a href="https://t.me/P2Pstaking?ref=p2p.org"> Telegram chat</a>, we are always open for communication.

Admin

from p2p validator

Solana Solana Validators Performance Research, part 1: Downtime Analysis

Welcome to the first article in the series of publications on the Solana validators performance research by P2P Validator. In our opinion, performance of the Solana network validators is one of the most important aspects which determine the network growth and sustainability. Our team has done a deep dive into this topic and we want to share insights gained to benefit the Solana community. The research is devoted to the analysis of the two most important metrics reflecting Solana network validators’ performance: downtime duration (node delinquency/unavailability duration) and skip rate (measuring how frequently a node fails to produce a transaction block which is subsequently confirmed by consensus on the network). In this article we reveal the first part of the research findings regarding analysis of downtime. You can find <a href="https://www.stakingrewards.com/journal/solana-validators-performance-research-report-part-2-skip-rate-analysis/?ref=p2p.org">Part 2 here</a>, covering block skip rate analysis results. <h2 id="table-of-contents">Table of contents</h2><ul> <li><a href="#preface">Preface</a></li> <li><a href="#introduction">Introduction</a></li> <li><a href="#solana-validators-downtime">Solana validators downtime</a></li> <li><a href="#factors-influencing-downtime-duration">Factors influencing downtime duration</a></li> <li><a href="#downtime-data-analysis">Downtime data analysis</a></li> <li><a href="#nodes-downtime-duration-by-epochs">Nodes downtime duration by epochs</a></li> <li><a href="#supermajority-and-superminority-validators-comparison">Supermajority and superminority validators comparison</a></li> <li><a href="#downtime-duration-distribution-for-updates-and-other-causes">Downtime duration distribution for updates and other causes</a></li> <li><a href="#average-update-time-by-solana-software-versions">Average update time by Solana software versions</a></li> <li><a href="#summary">Summary</a></li> <li><a href="#acknowledgements">Acknowledgements</a></li> <li><a href="#disclaimer">Disclaimer</a></li> <li><a href="#sources-of-data">Sources of data</a></li> </ul> <h2 id="preface">Preface</h2>All data used for analysis in the research were obtained from publicly available sources such as Solana JSON RPC API, Solanabeach API, Validators.app API and are relevant for Mainnet beta epochs №194-236 unless another epoch or time period is explicitly specified.<h2 id="introduction">Introduction</h2>Solana is a relatively new (went live in March 2020) public high-performance distributed blockchain platform curated by Solana Foundation (non-profit organization headquartered in Geneva, Switzerland) along with professional blockchain developers, organizations and individuals running validator and RPC nodes and DevOps specialists from all over the world who are dedicated to the decentralization, growth, and security of the Solana network.Solana is one of blockchains that aims to be fast and scalable, without compromising its security or decentralization. Its theoretical throughput limit of 50k transactions per second (TPS) which is twice more than VISA’s limit, which means it can be used for many real-time applications in various business areas. Solana mainnet has already handled more than 35 billion transactions with current throughput exceeding 2000 TPS (see Figure 1) due to high demand for its capabilities and various use cases including: ultra-fast on-chain payments, token creation and distribution, staking through delegation to network validators, smart-contracts, NFTs issuance and trading. Solana ecosystem also provides many different DeFi services such as decentralized exchange, token swaps, liquidity farming and bridging ensuring cross-chain interoperability with other blockchains.<figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://lh5.googleusercontent.com/VYf4yl-UeoEH2-bfH8v7ACSsiTxl2n6d4TM46f_sAKeOUwW_rRCkSelwlOGzzqb9uTXHyj5YQKAK-Wk3XSZDJZLg5EK94MuogDL1J-DWXv5oW8awbwR-tptoGxwmCvY2LYTYlg3L" class="kg-image" alt loading="lazy"><figcaption>Figure 1. Solana’s TPS on 27.10.2021 (see <a href="https://explorer.solana.com/?ref=p2p.org">explorer.solana.com</a> for live data).</figcaption></figure>There are currently more than 1000 independent validators and 800 RPC nodes (see Figure 2) which comprise a physical layer for above mentioned functionality while making the network highly secure and decentralized. Each validator supports the network's operation by providing <a href="https://docs.solana.com/running-validator/validator-reqs?ref=p2p.org">high-end hardware resources</a> and properly configuring their systems to keep the network running as fast and smooth as possible.<figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://lh4.googleusercontent.com/78LCSkFGLBansse0T67-5AmbeRFdQkV4tnzyPE06EXNouo_Kr28DMAXKOv7DiFUo-7m05j0ntYPc0RbblbubK4aLwMSUfr3jgFb17XdETt55bJar-v6s19xi2HrZsfJCpkTQK0jq" class="kg-image" alt loading="lazy"><figcaption>Figure 2. Solana validator nodes map (see <a href="https://solanabeach.io/?ref=p2p.org">https://solanabeach.io/</a> for live data).</figcaption></figure>Validators receive SOL tokens from stakers, participate in the consensus-based process of transactions validation, get rewards proportional to delegated stake amount and distribute these rewards to stakers (proportionally to staked shares) charging a variable commission. The more stake is delegated to a validator, the more this validator (and its delegators) earns and is more frequently chosen to process new transactions on the ledger and, thus, exposed to greater hardware and network load. Thus, on the one hand, validators are economically motivated to keep their hardware and software running without interruptions, and, on the other, to timely update Solana software and to improve their nodes and network connection as their stake and the Solana network load increase.<h1 id="solana-validators-downtime">Solana validators downtime</h1>It is normal for a node to be temporarily unavailable/offline sometimes as every technical system needs periodic maintenance and reconfiguration. Typical reasons for server unavailability are usually quite simple such as planned reboot to update host configuration or software, an emergency (power outage), network problems in the data center or at the provider.The longer a node is unavailable, the fewer staking rewards and transaction fees it receives. Staking rewards are paid proportionally to node’s vote transactions count which it cannot post if it is offline or functioning incorrectly. Validator downtime negatively affects its delegates’ rewards, which is why one should consider checking validator recent downtime duration history before delegating to it.During periods of downtime an unavailable validator is assigned the “delinquent” status which can be checked using Solana CLI solana validators command or by parsing corresponding json response (solana --output json validators). By constantly fetching statuses of all validators on the network it is possible to measure delinquency periods durations which is a good approximation for downtime duration for further quantitative analysis. The downtime data analyzed is available through the <a href="https://redash.p2p.org/public/dashboards/ZEW9RvuBXPdYHUU5aC7DfVjY8DJaXQrGenG2HUmo?org_slug=default&ref=p2p.org">public Redash dashboard</a>.<h2 id="factors-influencing-downtime-duration">Factors influencing downtime duration</h2>There are many factors influencing downtime duration and these are typical ones:<ul><li>node operator reaction time (node operators may or may not use specialized monitoring and alerting systems);</li><li>node operator skill (imagine the difference between inexperienced enthusiasts and mature professionals who are working with such high-load systems for years);</li><li>time to repair breakdowns in the power grid or communication network (which does not depend on a node operator);</li><li>time needed to debug and fix specific configuration errors or replace hardware parts;</li><li>complexity and duration of software update (i.e., different Solana versions take different time to install), node startup duration, etc.</li></ul>Despite most of these factors can not be measured directly, we have managed to collect and analyse some important on-chain data related to the topic, which allowed to quantitatively describe several aspects regarding Solana network nodes unavailability such as downtime duration statistics over time, its variability across nodes as well as duration of node software updates.<h2 id="downtime-data-analysis">Downtime data analysis</h2>Here we illustrate retrospective downtime statistics of Solana nodes that were active in the period from epoch №209 (5th of August, 2021) to epoch №236 (17th of October, 2021). Historical data allow to reveal trends in the dynamics of downtime making it easier to understand the normal behavior of the metric as well as to identify abnormal fluctuations.<h3 id="nodes-downtime-duration-by-epochs">Nodes downtime duration by epochs</h3>The descriptive statistics for downtime duration by epochs are presented in the Figure 3 below. Quantile values of 5%- and 95%-level reflect the maximum downtime among the top 5 and top 95 percent of validators, respectively, for each epoch. Average downtime is the simple arithmetic mean and median defines a downtime duration which divides the top 50 and worst 50 percent of validators.<figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://lh3.googleusercontent.com/aQCsTug3snvF4n1VUW3AXUBYvC6FytRw5Q2ICuSuMsZMr8RGjpyI-ylB6CZK8qU8WR5EKHnBNMPfMBsV6CXTN7UM_sMO3k_QPjq5JhoVDPJW0dEU6FTJUr0skrGCbjcKdpVQAB5m" class="kg-image" alt loading="lazy"><figcaption>Figure 3. Downtime mean (cyan line), median (lilac), 5%-quantile (red), 95%-quantile (green) and its actual values for each node (black transparent dots) over epochs.</figcaption></figure> As can be seen from the chart above, typical average downtime duration for a node is around 1.5 hours, which is quite low, while median downtime duration is almost always zero (which means that most nodes usually don’t experience shutdowns). Also there were several epochs (№214, 223 and 234) with high downtime duration upticks mainly due to simultaneous upgrades of Solana software version. Epoch 223 is especially interesting as it is known that on 14 of September, 2021, the Solana network experienced a <a href="https://jumpcrypto.com/reflections-on-the-sept-14-solana-outage/?ref=p2p.org">severe overload which led to the network halt</a>, and after a successful network restart almost all the nodes had to update to a new Solana version with the necessary fixes.<h3 id="dispersion-of-downtime-duration">Dispersion of downtime duration</h3>As many factors affect downtime duration, it varies greatly across validators within the same epoch. The dispersion measures indicate the metric’s spread magnitude which is slightly changing over time as shown in Figure 4.<figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://lh5.googleusercontent.com/pYyFq6WJf7ZUvigy7YMAFPcT0e9OISiG4_mNYWZLs-N_c7vUrs09jUb9wtgCxgH4OqNIAppwlrjif3vupB0ZWDAtSc2mv8gI8ixFAkvcVVYs859GnOtTiXvGN5SQSDjPA2ql9Hjv" class="kg-image" alt loading="lazy"><figcaption>Figure 4. Measures of dispersion of downtime duration over time: interquartile range (red line) representing difference between 25%- and 75%-quantiles of the metric and standard deviation (cyan) representing average deviation from mean.</figcaption></figure> It can be seen from the chart above that downtime duration dispersion across validator nodes is dropping slightly over time which indicates that validators, on average, have both lower downtime durations and lower deviations of the metric from the mean.<h3 id="supermajority-and-superminority-validators-comparison">Supermajority and superminority validators comparison</h3>Since the leading validators with a large stake amount take much more financial risks compared to the smaller ones, their nodes' technical characteristics are far better than of the majority. Therefore, it makes sense to compare performance of the superminority set of validators (the minimal set of validators that together control more than 33.33% of the total stake) with the rest falling into the supermajority set with 66.66% of total stake (see Figure 5).<figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://lh5.googleusercontent.com/pXXTHF4CC5szdub_hF8cYrIu_BpisJxblMbSODq5p4IWU7gdhGI5XXOyDGOLbATya7vLvaH0rDLWXJsLZY_D1OiAD9MpKSRR3ZkrB_oXBSagqZKNeAxlE1dik8nVo9moZvIN3aC6" class="kg-image" alt loading="lazy"><figcaption>Figure 5. Average downtime duration by epochs for superminority validators set (blue line), supermajority (green) and P2P Validator (red).</figcaption></figure> As the charts above represent, the supermajority is usually much worse in terms of average downtime duration, especially after epoch №220, especially during hard times like epoch №223, when the Solana network halted and most validators had to perform major software updates.In contrast, superminority validators (especially P2P Validator) have an average downtime duration and an average number of downtimes (see Figure 6 below) that are much lower than for the supermajority, and there is a much smaller probability that a validator from the superminority set is offline for more than 5% of total epoch duration (see Figure 7 below).<figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://lh5.googleusercontent.com/vUWC-dbCA4C7q5xb2U29_ch4guExlxtY1-5QMdK8vTS9Ek_3lpPFnPFqV12qM2u8ErrpDUtgMfD4333AjhqiP1cPMqHfxGfZpaI-AmZGitsKPgLKJz5_dvesr5OMehcU1Mljfhvi" class="kg-image" alt loading="lazy"><figcaption>Figure 6. Average number of downtimes over epochs №209-236 for the superminority (cyan line) and supermajority set of validators (red).</figcaption></figure><figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://lh4.googleusercontent.com/ZQeA4Y0DFh4ontzVLbMRC2MNw_6Dh1_7oe8is52gxvxSWfROVrXbE2PjzlrbIOoT-hVp8pu9CkfuyhAH9ovBd2dUq1-yLrexjo2xwOKjXbJdsylkLYtfzUxD1Zh6J9r_hvkCsNLU" class="kg-image" alt loading="lazy"><figcaption>Figure 7. Share of validators with downtime duration greater than 5% of total epoch duration over epochs №209-236 for superminority (cyan line) and supermajority set of validators (red).</figcaption></figure><h3 id="downtime-duration-distribution-for-updates-and-other-causes"> Downtime duration distribution for updates and other causes</h3>As it was described previously, downtimes may happen due to Solana node software updates as well as due to hardware upgrades and unexpected halts. The available on-chain data allows to distinguish between downtimes related to software updates and related to other causes and compare downtime duration distributions for the supermajority and superminority groups of validators.<figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://lh5.googleusercontent.com/vKMR9AxmKV1-dm-jSA0f_mSFiEZV_oR0ur9g8_R5666r4z1vSn8OJcikdkq9La4l99IWwzLZgv-1OATphpDFbdEh2izdijhIDTmYTJ4GlpPPr7-vKAa-0HoaZXwhoNmzYu1ilpBJ" class="kg-image" alt loading="lazy"><figcaption>Figure 8. Downtime duration distribution (in logarithmic scale) unrelated to software updates for supermajority (green line), superminority (blue) set of validators and P2P Validator (red). Dashed lines of corresponding colors show the average downtime duration written nearby</figcaption></figure> According to the distributions of downtime duration not related to software updates (see Figure 8), validators groups are quite similar apart from the fact that supermajority validators are more likely to have very long outages that greatly increase the average value of downtime duration (69 vs. 34 minutes for the superminority group). It should be noted that even if the P2P Validator goes down (or delinquent), on average it happens for an extremely short time of 1.5 minutes.<figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://lh6.googleusercontent.com/Ho-gbXZDhA6SyHlPnJxSGrHE2F5x-Cn8HGwX0K30wuoibCH6Ay_Rx1Obq8D4Se3MoUATYUxICIKq-7RuKkZhcct1ARAUruNtCaGi4_1lNBsDEhJYpGS3Fao5osWpA1lV4oeWyYhC" class="kg-image" alt loading="lazy"><figcaption>Figure 9. Downtime duration distribution (in logarithmic scale) related to software updates for supermajority (green line), superminority (blue) set of validators and P2P Validator (red). Dashed lines of corresponding colors show the average downtime duration written nearby.</figcaption></figure> Concerning downtimes due to software updates (see Figure 9), the distributions for the groups differ considerably: for the superjmajority group there is much more variability in downtime duration when compared to the superminority and again supermajority validators frequently have much longer update times leading to higher average (195 vs. 76 minutes for superminority group). Superminority validators including the P2P Validator demonstrate high consistency in update duration presumably due to specific administration standards developed by professional engineers who operate these validators.<h3 id="average-update-time-by-solana-software-versions">Average update time by Solana software versions</h3>Different Solana node software versions vary significantly in the complexity and duration of the installation process, which directly affects the downtime duration associated with updates. Figure 10 below shows the average update time of Solana node software versions by validators from the supermajority and superminority groups.<figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://lh3.googleusercontent.com/0ahrMb4jlGfbkVuMN5FNxFwdjqx5563dDEDqWSLqdpz0w9edfuUv7_Y6QWh0FFM704pbpyQHtmjKPTskVDj54VjWDgnPdARp5nSOnUiUueOuJq6BJbVUjpo45J66poJ8ZK26HX6c" class="kg-image" alt loading="lazy"><figcaption>Figure 10. Average update time for different Solana node software versions.</figcaption></figure> Of all the most used versions of Solana node software, the update to version 1.6.25 took the longest for both supermajority (4.5 hours on average) and superminority (3.5 hours on average) validators. Long updates to versions 1.7.11 and 1.7.15 were performed only by validators from the supermajority group and took approximately 2-3 hours to complete. Overall, validators from the superminority group usually perform the updates significantly faster ensuring less rewards losses for them and their delegators.<h2 id="summary">Summary</h2>Downtime duration is a very important metric as it reflects Solana validators operators efficiency and influences rewards received by validators and their delegators as well as overall network’s stability and security. Solana Foundation and the network validators do everything they can to improve performance of nodes and quality of software that control nodes operation, and we can say with confidence that they do it very well, especially validators from superminority group thanks to the experience and professionalism of DevOps engineers.<h2 id="acknowledgements">Acknowledgements</h2>Authors of the report would like to express gratitude and appreciation for the <a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> team whose guidance, support and encouragement have been invaluable throughout the research. We would also like to thank <a href="https://twitter.com/stephenakridge?ref=p2p.org">Stephen Akridge</a>, co-founder of Solana, <a href="https://twitter.com/vmulps?ref=p2p.org">Ruud van Asseldonk</a>, software engineer at Chorus One, and <a href="https://twitter.com/RDorzbach?ref=p2p.org">Robert Dörzbach</a>, product manager of the Solana Beach, for helpful advice, comments and corrections.<h2 id="disclaimer">Disclaimer</h2>Information presented in this report and referenced sources are for educational purposes only. It is not financial/investment advice. Seek a licensed professional for any financial advice. Authors of the report made every reasonable effort to ensure the accuracy and validity of the information provided. However, as price points, conditions, and information are continually changing, authors reserve the right to change at any time without notice, information contained in the report and make no warranties or representations as to its accuracy or up-to-dateness.Authors of the report are employees of P2P Validator company which provides professional services and consulting for highly secure non-custodial staking across more than 25 blockchain networks, including the Solana network with mainnet and testnet validator nodes as well as RPC nodes. Therefore, P2P Validator is not a neutral party with its own business interests in the Solana ecosystem. Nevertheless, authors did their best to make the report as objective as possible with the main purpose in mind being to educate and inform the community.<h2 id="sources-of-data">Sources of data</h2><ol><li><a href="https://app.swaggerhub.com/apis-docs/V2261/solanabeach-backend_api/0.0.1?ref=p2p.org">https://app.swaggerhub.com/apis-docs/V2261/solanabeach-backend_api/0.0.1</a></li><li><a href="https://docs.solana.com/developing/clients/jsonrpc-api?ref=p2p.org">https://docs.solana.com/developing/clients/jsonrpc-api</a></li><li><a href="https://www.validators.app/api-documentation?ref=p2p.org">https://www.validators.app/api-documentation</a></li><li><a href="https://redash.p2p.org/public/dashboards/ZEW9RvuBXPdYHUU5aC7DfVjY8DJaXQrGenG2HUmo?org_slug=default&ref=p2p.org">https://redash.p2p.org/public/dashboards/ZEW9RvuBXPdYHUU5aC7DfVjY8DJaXQrGenG2HUmo?org_slug=default</a></li></ol><hr><h2 id="about-p2p-validator">About P2P Validator</h2>P2P Validator is a world-leading non-custodial staking provider securing more than 4 billion USD value from over 20,000 delegators across 25+ high-class networks. We are early investors in Solana and have supported the network from the first block taking part in all stages of testing and voting.<hr>Web: <a href="https://p2p.org/?ref=p2p.org">p2p.org</a> Stake SOL with us: <a href="https://p2p.org/solana?ref=p2p.org">p2p.org/solana</a> Twitter: @p2pvalidator Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">t.me/P2Pstaking</a>

Pavel Marmalyuk

from p2p validator

Vega VEGA Staking is Now Live at P2P!

We are excited to share that Vega has now launched the restricted mainnet - you can now stake VEGA and receive rewards! Still in the early phases and backed by top validators, it’s a project that can shake the Defi ecosystem. Traditional centralised financial markets have left us paralysed. Traders and investors have no choice other than giving full trust to third parties who fix high costs and stifle innovation by controlling what markets and products can be traded. The Vega network works to solve these shortcomings through the use of its permissionless and agnostic proof of stake network, bringing efficient trading of derivative products (comparable to centralised exchanges) to the DeFi ecosystem. Check out Barney Mannerings (founder of VEGA) explain more about VEGA at the Kryptonight London <a href="https://www.youtube.com/watch?v=DhGD8brS3r0&t=125s&ref=p2p.org">here</a>. <blockquote>“The Vega chain will be the Web3's native derivatives layer, bringing fairness, front-running protection and capital efficiency to blockchain. Starting with an Ethereum bridge Vega plans to support assets from all major blockchains.” David Siska - Vega research team @Vega Protocol</blockquote>At P2P Validator our team provides exhaustive analysis to support top-tier staking networks. We have been seed investors and early contributors in top networks such as Solana, Cosmos, Tezos among many others and have a flair for selecting striving networks to stake with. We have now added VEGA (their native token) to our list of carefully selected products - both locked and unlocked VEGA can now be staked, giving you the opportunity to earn more! <blockquote>“Most importantly, Vega and P2P share a lot of core values, and we really appreciate Vega’s built-into incentives that empower decentralisation, and fair, transparent distribution of rewards. We also support Vega’s goal of solving fundamental problems for the centralised finance, and share their intent to open the opportunity to create and launch markets to a broad audience.” Dmitry Argunov - Vega Product manager @ P2P Validator</blockquote>As with most staking services, the earlier phases provide the highest rewards. Vega are placing a fixed amount of VEGA into a treasury for staking rewards that will be distributed among the staked VEGA. Less staked VEGA to distribute it to, the higher the rewards per VEGA staked. As Vega trading volume increases, a percentage of the infrastructure fee - fees that are charged on trades executed on the platform - will be shared for staking rewards. While staking VEGA tokens, you will not only be helping secure the network and earn rewards along the way, you can also participate in governance and shape the future of the Vega project. <hr><h3 id="useful-vega-resources">Useful VEGA resources</h3><ul><li>Website: <a href="https://vega.xyz/?ref=p2p.org">vega.xyz</a></li><li>Guides: <a href="https://p2p.org/economy/vega-vega-staking-guide-using-macs/">For Mac</a> or <a href="https://p2p.org/economy/vega-vega-staking-guide-using-windows/">Windows</a> </li><li>What to Expect from Restricted Mainnet: <a href="https://blog.vega.xyz/what-to-expect-from-restricted-mainnet-616086d9fdaf?ref=p2p.org">https://blog.vega.xyz/what-to-expect-from-restricted-mainnet-616086d9fdaf</a></li><li>Whitepaper: <a href="https://vega.xyz/papers/vega-protocol-whitepaper.pdf?ref=p2p.org">vega.xyz/papers/vega-protocol-whitepaper.pdf</a></li><li>Github: <a href="https://github.com/vegaprotocol/?ref=p2p.org">github.com/vegaprotocol/</a></li><li>Twitter: <a href="https://twitter.com/vegaprotocol?ref=p2p.org">twitter.com/vegaprotocol</a></li><li>Discord: <a href="https://discord.com/invite/3hQyGgZ?ref=p2p.org">https://discord.com/invite/3hQyGgZ</a></li><li>Blog: <a href="https://blog.vega.xyz/?ref=p2p.org">blog.vega.xyz/</a></li><li>Community: <a href="https://community.vega.xyz/?ref=p2p.org">community.vega.xyz/</a></li></ul><hr><h3 id="about-p2p-validator">About P2P Validator</h3><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only high class staking opportunities securing more than 4 billion of USD value at the time of the latest update. P2P Validator is trusted by over 24,000 delegators across 25+ networks. We are a major player in all networks we support because of our experience, commitments and our reputation. We pay special attention to the process of governance.<hr>Want to stake VEGA with us? Visit <a href="https://p2p.org/vega?ref=p2p.org">https://p2p.org/vega</a> to find out more about Vega staking and our special offer. If you have any questions, feel free to join our<a href="https://t.me/P2Pstaking?ref=p2p.org"> Telegram chat</a>, we are always open for communication.

Admin

from p2p validator

Vega Vega (VEGA) Staking Guide For Windows

We have created a step-by-step guide to help you stake your Vega (VEGA) on Windows. If you are using a Mac instead you can find a guide <a href="https://p2p.org/economy/vega-vega-staking-guide-using-macs/">here</a>. For those of you who have their tokens locked on Coinlist: Coinlist will support staking. More information will have to come from them about how they will manage it. To redeem unlocked VEGA tokens from Coinlist, you can do so <a href="https://p2p.org/economy/vega-vega-staking-guide-using-windows/token.vega.xyz">here</a>. You will have to go through the following steps to successfully stake your VEGA: I. Create your Vega Wallet (If you have already done so skip to the next step) II. Connect to a network III. Stake your VEGABefore we start, make sure you have VEGA in a Metamask wallet (token contract can be found <a href="https://token.vega.xyz/?ref=p2p.org">here</a>) as well as ETH to pay for transaction fees. The gas fees are variable and Vega has no control over it. <h3 id="i-create-your-vega-wallet-if-you-have-already-done-so-skip-to-the-next-step-">I. Create your Vega Wallet (If you have already done so skip to the next step) </h3>1. The first thing that you will want to do is download the right zip file of the releases from the<a href="https://github.com/vegaprotocol/vegawallet/releases/?ref=p2p.org"> Vega Wallet GitHub rep</a>.On Windows download: vegawallet-windows-amd64.zipMake sure you remember where to find it as you will need to know it for the steps ahead (to make following this guide easier, simply save the zip file in your "Downloads" folder so the below examples can be copy/pasted).2. When you open the file you might be prompted with this screen:<figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/U2Fbz6AYhxvRDC1tainCEaM6nS6TsujT69wuluQjP5t22m-FCDtI9g3xNDE-DWlXA1-C-H7VC2s36EiDQS8kWs03j6OTZ-TaXWe1XGpCDJ-0nEd2FxWyi9fkCOfIw_B-zGxPAvtp" class="kg-image" alt loading="lazy"></figure>Press "More info" and then "Run anyway".3. You will need to open a command prompt to initialize the wallet. Open a new terminal page and navigate to the location where the downloaded file is stored. To indicate where the commands will run you can use the command "cd". For example, I have saved my file in the “downloads” folder so I used the command "cd downloads".<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/Screenshot-2021-11-17-at-17.25.55.png" class="kg-image" alt loading="lazy" width="982" height="118" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/Screenshot-2021-11-17-at-17.25.55.png 600w, https://p2p.org/economy/content/images/2021/11/Screenshot-2021-11-17-at-17.25.55.png 982w" sizes="(min-width: 720px) 720px"></figure>4. Once you have specified the folder to run the command, you will now need to initialise the wallet. This creates the folder, the configuration files, and default networks needed by the wallet to operate. Use the following command "vegawallet init":<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/Screenshot-2021-11-17-at-17.26.38.png" class="kg-image" alt loading="lazy" width="860" height="42" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/Screenshot-2021-11-17-at-17.26.38.png 600w, https://p2p.org/economy/content/images/2021/11/Screenshot-2021-11-17-at-17.26.38.png 860w" sizes="(min-width: 720px) 720px"></figure>If you are experiencing any issues with this step, you can try to do the following command instead: "vegawallet init --force".5. The next step will be to create your username for the wallet. Use the following command: "vegawallet key generate --wallet "YOUR_USERNAME"" . Make sure there are no spaces in your username. Example below:<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/Screenshot-2021-11-17-at-17.30.12.png" class="kg-image" alt loading="lazy" width="864" height="38" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/Screenshot-2021-11-17-at-17.30.12.png 600w, https://p2p.org/economy/content/images/2021/11/Screenshot-2021-11-17-at-17.30.12.png 864w" sizes="(min-width: 720px) 720px"></figure>6. You will then have to create your password. Note that when typing you will not see what is being typed, this is intended and it will be recorded. Select enter once you have written it.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/Screenshot-2021-11-17-at-17.31.08.png" class="kg-image" alt loading="lazy" width="844" height="104" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/Screenshot-2021-11-17-at-17.31.08.png 600w, https://p2p.org/economy/content/images/2021/11/Screenshot-2021-11-17-at-17.31.08.png 844w" sizes="(min-width: 720px) 720px"></figure>7. Once you have confirmed your password, the wallet will be created! You will then be given your mnemonic phrase. This phrase will be used to restore your wallet in case something happens. It is very important to write it down and to record it somewhere safe (offline) where no one will ever see it! It will not be displayed ever again so make sure you write it down correctly. You should also note down your username, public key and remember your password in order to login to your account later on.<h3 id="ii-connect-to-a-network">II. Connect to a network </h3>1. You are now ready to run the service. If you are starting with a new terminal page, make sure that you indicate where the commands will run again (where you have saved the vegawallet file). To indicate where the commands will run you can use the command "cd". For example, I have saved my file in the “downloads” folder so I used the command "cd downloads".<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/Screenshot-2021-11-17-at-17.25.55.png" class="kg-image" alt loading="lazy" width="982" height="118" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/Screenshot-2021-11-17-at-17.25.55.png 600w, https://p2p.org/economy/content/images/2021/11/Screenshot-2021-11-17-at-17.25.55.png 982w" sizes="(min-width: 720px) 720px"></figure> Next, you will have to select and connect to a network. To find the list of networks use the following command: "vegawallet network list".<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/image-68.png" class="kg-image" alt loading="lazy" width="404" height="56"></figure>If you do not see the network "mainnet1", run the following command: "vegawallet network import --from-url="<a href="https://raw.githubusercontent.com/vegaprotocol/networks/master/mainnet1/mainnet1.toml?ref=p2p.org" rel="noopener noreferrer">https://raw.githubusercontent.com/vegaprotocol/networks/master/mainnet1/mainnet1.toml</a>"<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/image-12.png" class="kg-image" alt loading="lazy" width="852" height="136" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/image-12.png 600w, https://p2p.org/economy/content/images/2021/11/image-12.png 852w" sizes="(min-width: 720px) 720px"></figure>If you are experiencing issues importing the mainnet network, another way to do this is to download the file “mainnet1.toml” from here: <a href="https://raw.githubusercontent.com/vegaprotocol/networks/master/mainnet1/mainnet1.toml?ref=p2p.org" rel="noopener noreferrer">https://raw.githubusercontent.com/vegaprotocol/networks/master/mainnet1/mainnet1.toml</a>. To download it, open the page and press "Ctrl" - S and save it into the same folder where your “Vegawallet” file is. Then run the following command in the terminal: "vegawallet network import --force --from-file ./mainnet1.toml.txt"2. If properly inputed, the next step is to connect to the mainnet network. Use the following command: "vegawallet service run --network "NETWORK_NAME"". <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/12/image-2.png" class="kg-image" alt loading="lazy" width="740" height="36" srcset="https://p2p.org/economy/content/images/size/w600/2021/12/image-2.png 600w, https://p2p.org/economy/content/images/2021/12/image-2.png 740w" sizes="(min-width: 720px) 720px"></figure>Now that you have successfully created your wallet and connected to the network, you are ready to stake your VEGA! Make sure you keep the terminal open to stake in the next stage. <h3 id="iii-stake-your-vega">III. Stake your VEGA </h3>1. Go to the Vega staking website (<a href="https://token.vega.xyz/?ref=p2p.org" rel="nofollow noopener noreferrer">https://token.vega.xyz</a>), it is best to use Google Chrome. Make sure to disable brave shield if you are going to use the Brave browser. To disable brave shield select the lion in the url as shown in the image below. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/image-21.png" class="kg-image" alt loading="lazy" width="1632" height="70" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/image-21.png 600w, https://p2p.org/economy/content/images/size/w1000/2021/11/image-21.png 1000w, https://p2p.org/economy/content/images/size/w1600/2021/11/image-21.png 1600w, https://p2p.org/economy/content/images/2021/11/image-21.png 1632w" sizes="(min-width: 720px) 720px"></figure>You can then disable the shield by clicking on the toggle. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/image-27.png" class="kg-image" alt loading="lazy" width="722" height="642" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/image-27.png 600w, https://p2p.org/economy/content/images/2021/11/image-27.png 722w" sizes="(min-width: 720px) 720px"></figure>2. At the top of the page you will find the staking section. Select "Staking”. <figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/RLBrrgu1kgIfnyxGukw9idqS870iuZ6B3dtH9Us48Wqwsvq_l5RgaC-P8jyYdK_rR2f0U3dYtaXSIOfG66y8ydY0E2rVev2qgyMQdc31KG1_eK7crcb4OpzHc2G5jRpsCH0dpnUD" class="kg-image" alt loading="lazy"></figure>3. The next step is to connect your Ethereum and Vega wallet. To connect your Ethereum wallet select "Connect to an Ethereum wallet". Here you will be prompted by Metamask to connect your wallet.<figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/g4C7h2QpVVzUN35pzGVbKhnW0NNbybR6cEw8jD_CKra5JB0_-3mZpezvN-0sBDdTHjnfIjHRauyPFtYfNKkuMqAGaXGqnnr7CnEYqld_9u1ZBRfIHSkWPc9odQ8uRIPFGJiXC7yQ" class="kg-image" alt loading="lazy"></figure>Next, to connect your Vega Wallet, select "Connect to see your VEGA balance".<figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/n0POHur9Rbz13N3t8yWrMGoesCqN6fGGEktmFvzfW9MYQMGYD_F883De6rK1mxARygm6aYTWy5QS9jjdR8294ducuT_koQUxHaFsK3008rjDmd2DrND1HBM1OloipRieIhf1n2IP" class="kg-image" alt loading="lazy"></figure>You must enter your username and passphrase that you chose when the wallet was created.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/image-3.png" class="kg-image" alt loading="lazy" width="1312" height="806" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/image-3.png 600w, https://p2p.org/economy/content/images/size/w1000/2021/11/image-3.png 1000w, https://p2p.org/economy/content/images/2021/11/image-3.png 1312w" sizes="(min-width: 720px) 720px"></figure>4. The next step is to associate tokens with your VEGA wallet. Select "Associate VEGA tokens with wallet"<figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/rt_cA0_JPwF4Fp_VgqbvvdsLvHmCafykZ4BVpkmTM9Cm18szjAqvrfiGsD_eUtQIS8E8XyUAPbRb59ohph2SFojw6ciu6fnPa_gFFOYnmJMx1ymPfi7JxwzVJwyk3nd1pWwshn-p" class="kg-image" alt loading="lazy"></figure>5. Here you need to (a) select "Wallet", (b) verify that this is your public key, and (c) select the amount that you would like to stake. To move to the next step select "Approve VEGA tokens for staking on Vega"<figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/yvRXUnrC72GaH2l6VcpfiZxYu08oeHLlMh3j73elyAEiTrSqO1MBmLsCpThrmdL7MgFVYUz7VfSYIoLw2NtdlzSn5o4Jhw3wMyo1scPYK1K9_Lg_MtdhmTFkPmmYvaDPOpZztoTL" class="kg-image" alt loading="lazy"></figure>You will be prompted by Metamask, where you must confirm the transaction.6. Once approved, you can associate your VEGA tokens with your key. Select "Associate VEGA Tokens with key"<figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/gA18urvfpVnUITulNgHmoD3Ld-We45lyaOFK2gj6n9VaeRQ-6F_f4wQChREmQM4hq_MJdiSP0DCFvAC6vMIgVbMZbQRph2FB5qqcE5_-FJl5Q0Pa3dMpDVzOdwEK6VNx6mHhICPK" class="kg-image" alt loading="lazy"></figure>You will be prompted by Metamask again, where you can confirm the transaction. You will have to wait for a sufficient amount of block confirmations on the Ethereum network.7. Once approved, you can select "Nominate Stake to Validator Node" to nominate a validator.<figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/iMbCC3eDY3q1XyewdssBgMzQS3tc0dHoDzmvnbz2QWGfk5OYe7NYvydXxRcwEzEItd3c32BohYUeZ3qqGbUMCpiUw64MQyH-HVE6SuEy3wcPE3b2_Szt9ujYc_OOUc9nR-8gKaV_" class="kg-image" alt loading="lazy"></figure>8. You will now be asked which validator you wish to select. It's important to select a validator that you trust. You can find our validator addresses as well as more information about us on our<a href="https://p2p.org/vega?ref=p2p.org"> VEGA page</a>.<figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/R-Q1Yq2apFwRvxnhXIueOQqj6BOe8MJJEleHAQF45ihw5TO-XyTyqbteoW1-5JkaDf-A6-TCEsCcPbGUy3YOemNl6z5M2mLWaKiHpKjqMhP7O2r7gOgQRvi43L9m01rI7tZVdkqg" class="kg-image" alt loading="lazy"></figure>9. After selecting which validator you wish to stake with, go to the bottom of the page and find "Manage your stake". Select "Add" and input how much you would like to stake with this Validator.<figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/4EPJG3IDMWhPI4pC2vZ0-9l5MfyLSwfda7Al9oLZse2PDTM6lCoch-JKvd6WasjHBFawdzPMTdrZ9PT5oGANBp8sjo6tk7bdCvNw35jWjegVjsZ51xXawQ08EADYCeoerhKYedmN" class="kg-image" alt loading="lazy"></figure>That's it! You have successfully created a nomination transaction to the validator of your choice. If you see that your stake in the next epoch has increased by the amount you submitted, you can close the website and terminal - it has been registered. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/image-55.png" class="kg-image" alt loading="lazy" width="1338" height="808" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/image-55.png 600w, https://p2p.org/economy/content/images/size/w1000/2021/11/image-55.png 1000w, https://p2p.org/economy/content/images/2021/11/image-55.png 1338w" sizes="(min-width: 720px) 720px"></figure>Your stake will be active at the beginning of the next epoch. One epoch on the Vega network is currently configured to be 24 hours. An epoch is the period of time the network uses to manage the list of registered validator nodes and staking rewards payouts. The APR for staking VEGA is variable and will depend on the % of the total VEGA supply that is staked. As with most staking services, the earlier phases provide the highest rewards. Vega are placing a fixed amount of VEGA into a treasury for staking rewards that will be distributed among the staked VEGA. Less staked VEGA to distribute it to, the higher the rewards per VEGA staked. The APR will become more stable once more VEGA is staked.Thank you for using our guide! If you have any questions, need further help, or any feedback please reach out to us on<a href="https://t.me/P2Pstaking?ref=p2p.org" rel="nofollow noopener noreferrer"> Telegram.</a><hr><h3 id="useful-vega-resources">Useful VEGA resources</h3><ul><li>Website: <a href="https://vega.xyz/?ref=p2p.org">vega.xyz</a></li><li>Token console: <a href="https://token.vega.xyz/?ref=p2p.org" rel="noopener noreferrer">https://token.vega.xyz</a></li><li>Trading Console: <a href="https://console.fairground.wtf/?ref=p2p.org" rel="noopener noreferrer">https://console.fairground.wtf/</a></li><li>Network Overview: <a href="https://p2p.org/economy/vega-network-overview/">https://economy.p2p.org/vega-network-overview/</a></li><li>Whitepaper: <a href="https://vega.xyz/papers/vega-protocol-whitepaper.pdf?ref=p2p.org">vega.xyz/papers/vega-protocol-whitepaper.pdf</a></li><li>Github: <a href="https://github.com/vegaprotocol/?ref=p2p.org">github.com/vegaprotocol/</a></li><li>Twitter: <a href="https://twitter.com/vegaprotocol?ref=p2p.org">twitter.com/vegaprotocol</a></li><li>Discord: <a href="https://discord.com/invite/3hQyGgZ?ref=p2p.org">https://discord.com/invite/3hQyGgZ</a></li><li>Blog: <a href="https://blog.vega.xyz/?ref=p2p.org">blog.vega.xyz/</a></li><li>Community: <a href="https://community.vega.xyz/?ref=p2p.org">community.vega.xyz/</a></li></ul><hr><h3 id="about-p2p-validator">About P2P Validator</h3><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only high class staking opportunities securing more than 4 billion of USD value at the time of the latest update. P2P Validator is trusted by over 24,000 delegators across 25+ networks. We are a major player in all networks we support because of our experience, commitments and our reputation. We pay special attention to the process of governance.<hr>Want to stake VEGA with us? Visit <a href="https://p2p.org/vega?ref=p2p.org">https://p2p.org/vega</a> to find out more about Vega staking and our special offer. If you have any questions, feel free to join our<a href="https://t.me/P2Pstaking?ref=p2p.org"> Telegram chat</a>, we are always open for communication.

Admin

from p2p validator

Vega Vega (VEGA) Staking Guide For Mac

We have created a step-by-step guide to help you stake your Vega tokens (VEGA) using a Mac. If you are using a Windows instead you can find a guide <a href="https://p2p.org/economy/vega-vega-staking-guide-using-windows/">here</a>. For those of you who have their tokens locked on Coinlist: Coinlist will support staking. More information will have to come from them about how they will manage it. To redeem unlocked VEGA tokens from Coinlist, you can do so <a href="https://p2p.org/economy/vega-vega-staking-guide-using-macs/token.vega.xyz">here</a>. You will have to go through the following steps to successfully stake your VEGA:I. Create your Vega Wallet (If you have already done so skip to the next step) II. Connect to a network III. Stake your VEGABefore we start, make sure you have VEGA in a Metamask wallet (token contract can be found <a href="https://token.vega.xyz/?ref=p2p.org">here</a>) as well as ETH to pay for transaction fees. The gas fees are variable and Vega has no control over it. <h3 id="i-create-your-vega-wallet-if-you-have-already-done-so-skip-to-the-next-step-">I. Create your Vega Wallet (If you have already done so skip to the next step)</h3> 1. First you will need to download the right zip file of the releases from the<a href="https://github.com/vegaprotocol/vegawallet/releases/?ref=p2p.org" rel="nofollow noopener noreferrer"> Vega Wallet GitHub rep</a>.For Mac download: vegawallet-darwin-amd64.zipFor Macs with an M1 processor (released in November 2020 or later): vegawallet-darwin-arm64.zip.To check whether your Mac has a M1 processor select the apple logo in the top left and then "about this mac".<figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281081/bdd48535a618879fb6a3c366/428DZD2WPHRatFAC4ImEeDgwR9tnPoclLfZa6RNYPhZjizQmGlj7gkRJHs_QXCRnqYLLn1-fOdySmgTQl_F48v512FLxPDdPHqx7Br6nntNRXOdfy69qMtLndb1i54bifApzJqpv" class="kg-image" alt loading="lazy"></figure>Create a folder to place your downloaded zip file in and make sure you remember where to find it as you will need to know it for the steps ahead. (to make following this guide easier, create a folder called "Vegawallet" in your "Downloads" folder and save it there so the below examples can be copy/pasted).2. Once downloaded and saved, the next step is to open it. When attempting to do so, you may get a message saying “vegawallet cannot be opened because it is from an unidentified developer."<figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281085/9125302e137a37962c8890d3/_ngOOm0r1hve_OVHVbIjlJ2oO0E2cJ53fOlVxedhIFie_3PI_buZ0cZLCGS1m6FwmN_ZdEe8m0CQpH0d5bc87IS7dqlnlJrsdVm6vN0zIM5-xkCHgKwbG7MOrGmZoGF8FB6ydJhs" class="kg-image" alt loading="lazy"></figure>To open it you will have to go to your system preferences, select "Security & Privacy". You will then find a section mentioning that "vegawallet" was blocked. To override the security measure, select "Open Anyway".<figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281089/bc455a511d44b39969ae78ce/rlo3N1r9crPjpTSmqmo0tkNW8Cmvww5pEaQnKn1Iepq6mGd1aYdxhpFtTkNnnmh9UPkaRZJOvw8DQgJjqfHJxCYjf8DAFUB0_cRpyJw1wVYqVhQjCyuvoOi_N1QuD6O3NOm4CGWy" class="kg-image" alt loading="lazy"></figure>3. Once you have opened the file, you will need to initialise the wallet and create a new key pair. Open a new terminal page and indicate where the commands will run (where you have saved the vegawallet file). For example, I have saved my file in the following folder: Downloads → Vegawallet. To indicate where the commands will run you can use the command "cd" then the path. Below I wrote "cd Downloads/Vegawallet" to indicate that my file is in the Vegawallet folder which is in my Downloads folder.<figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281094/095053c4ebed924c6ae0f5ff/aa2ZvrSxy8SgQP6EV3mLRqtYW0TBt0hL26QLlluUSD2j9mA4O0ruxJbLCioh1PcjYowEquON0V535amy2bfJJPmMpUeCeHHukJrQBBJuEyBsJzLyMDhgi8_im6ZudI9xCac2Yf0P" class="kg-image" alt loading="lazy"></figure>4. Once you have specified the folder to run the command from, you will need to initialise the wallet. This creates the folder, the configuration files, and default networks needed by the wallet to operate. Use the following command "./vegawallet init". Example below:<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/image-46.png" class="kg-image" alt loading="lazy" width="856" height="33" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/image-46.png 600w, https://p2p.org/economy/content/images/2021/11/image-46.png 856w" sizes="(min-width: 720px) 720px"></figure>If you are experiencing any issues with this step, you can try to do the following command instead: "./vegawallet init --force".<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/image-80.png" class="kg-image" alt loading="lazy" width="984" height="34" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/image-80.png 600w, https://p2p.org/economy/content/images/2021/11/image-80.png 984w" sizes="(min-width: 720px) 720px"></figure>5. The next step will be to create your username for the wallet. Use the following command: “./vegawallet key generate --wallet "your_username".” Make sure there are no spaces in your username. Example below:<figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281105/90a3e69d6efc74584323c2a8/A40YAOsu9gT6ExhUGe7Mzgyj9GzTUU6uC7rYLXYdJtSpqiHXl2WPkYW5VWfCnQT1dEzz-4vT4dcbdf3wjC8G-Mr5oHqxJ-4fXbo0ZKsyFkQaHUawqfZuoM-Mc6ORPVGjNu7WSVy_" class="kg-image" alt loading="lazy"></figure>6. You then have to create a password. Note that when typing you will not see what is being typed, this is intended and it will be recorded. Select enter once you have written it. Example below:<figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281112/2d5443df047ddaa6b3182ebc/jo9n1iwMFhLzxgiwzfzFyY1VPhdOJi5t-W3YFQVzeSnzJ0LRHVKsA6-0-MmK65psbkjZpwxvIpTlTPjbv-9QNIb5ZjUwuEH8nJ9CxeQTr3cO1ydDYPydWfLXisG_wUb4AF8Yi45U" class="kg-image" alt loading="lazy"></figure>7. Once you confirm your password, the wallet will be created! You will then be given your mnemonic passphrase. This passphrase can be used to restore your wallet in case something happens. It is very important, so make sure you write it down and keep it somewhere safe (offline), where no one will ever see it! It will never be displayed again so be sure to write it down accurately. You should also make a note of your username and public key, and remember your password in order to login to your account in future.<h3 id="ii-connect-to-a-network"> II. Connect to a network </h3>1. Once you have created and initialised the wallet, you are now ready to run the service. If you are starting with a new terminal page, make sure that you indicate where the commands will run again (where you have saved the vegawallet file). For example, I have saved my file in the following folder: Downloads → Vegawallet. To indicate where the commands will run you can use the command "cd" then the path. Below I wrote "cd Downloads/Vegawallet" to indicate that my file is in the Vegawallet folder which is in my Downloads folder.<figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281115/b67208b7285f1306a3adae88/aa2ZvrSxy8SgQP6EV3mLRqtYW0TBt0hL26QLlluUSD2j9mA4O0ruxJbLCioh1PcjYowEquON0V535amy2bfJJPmMpUeCeHHukJrQBBJuEyBsJzLyMDhgi8_im6ZudI9xCac2Yf0P" class="kg-image" alt loading="lazy"></figure>You need to select and connect to a network. To find the list of networks use the following command: "./vegawallet network list". Example below:<figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281116/2224f9b240b36a4fbdab8c15/NRzxPZBgAkW-k9IBN6VAvrGp1JkBZRagB5U9Zkn7m8dkFfQKPXNlNpJjan4154-59tgjGRFcAYF1yEYlLC8wMUuz9v571egpqBsP8u5COTQevTl1W7TvHHPfNJInW0WjBcHsa604" class="kg-image" alt loading="lazy"></figure>If you do not see the network "mainnet1", run the following command: "./vegawallet network import --from-url="<a href="https://raw.githubusercontent.com/vegaprotocol/networks/master/mainnet1/mainnet1.toml?ref=p2p.org" rel="noopener noreferrer">https://raw.githubusercontent.com/vegaprotocol/networks/master/mainnet1/mainnet1.toml</a>"<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/image-56.png" class="kg-image" alt loading="lazy" width="1138" height="361" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/image-56.png 600w, https://p2p.org/economy/content/images/size/w1000/2021/11/image-56.png 1000w, https://p2p.org/economy/content/images/2021/11/image-56.png 1138w" sizes="(min-width: 720px) 720px"></figure>If you are experiencing issues importing the mainnet network, another way to do this is to download the file “mainnet1.toml” from here: <a href="https://raw.githubusercontent.com/vegaprotocol/networks/master/mainnet1/mainnet1.toml?ref=p2p.org" rel="noopener noreferrer">https://raw.githubusercontent.com/vegaprotocol/networks/master/mainnet1/mainnet1.toml</a>. To download it, open the page and press "Apple" - S and save it into the same folder where your “Vegawallet” file is. Then run the following command in the terminal: "./vegawallet network import --force --from-file ./mainnet1.toml.txt"<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/image-57.png" class="kg-image" alt loading="lazy" width="1138" height="283" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/image-57.png 600w, https://p2p.org/economy/content/images/size/w1000/2021/11/image-57.png 1000w, https://p2p.org/economy/content/images/2021/11/image-57.png 1138w" sizes="(min-width: 720px) 720px"></figure>2. If properly inputed, the next step is to connect to the mainnet network. Use the following command: "./vegawallet service run --network mainnet1". <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/image-48.png" class="kg-image" alt loading="lazy" width="1214" height="31" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/image-48.png 600w, https://p2p.org/economy/content/images/size/w1000/2021/11/image-48.png 1000w, https://p2p.org/economy/content/images/2021/11/image-48.png 1214w" sizes="(min-width: 720px) 720px"></figure>Now that you have successfully created your wallet and connected to the network, you are ready to stake your VEGA! Make sure you keep the terminal open to stake in the next stage. <h3 id="iii-stake-your-vega"> III. Stake your VEGA </h3>1. Go to the Vega staking website (<a href="https://token.vega.xyz/?ref=p2p.org" rel="nofollow noopener noreferrer">https://token.vega.xyz</a>), it is best to use Google Chrome. Make sure to disable brave shield if you are going to use the Brave browser. To disable brave shield select the lion in the url as shown in the image below. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/image-21.png" class="kg-image" alt loading="lazy" width="1632" height="70" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/image-21.png 600w, https://p2p.org/economy/content/images/size/w1000/2021/11/image-21.png 1000w, https://p2p.org/economy/content/images/size/w1600/2021/11/image-21.png 1600w, https://p2p.org/economy/content/images/2021/11/image-21.png 1632w" sizes="(min-width: 720px) 720px"></figure>You can then disable the shield by clicking on the toggle. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/image-27.png" class="kg-image" alt loading="lazy" width="722" height="642" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/image-27.png 600w, https://p2p.org/economy/content/images/2021/11/image-27.png 722w" sizes="(min-width: 720px) 720px"></figure>2. At the top of the page you will find the staking section. Select "Staking”. <figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281124/6fb380adab9f5b989dfdd460/RLBrrgu1kgIfnyxGukw9idqS870iuZ6B3dtH9Us48Wqwsvq_l5RgaC-P8jyYdK_rR2f0U3dYtaXSIOfG66y8ydY0E2rVev2qgyMQdc31KG1_eK7crcb4OpzHc2G5jRpsCH0dpnUD" class="kg-image" alt loading="lazy"></figure>3. The first step is to connect your Ethereum and Vega wallet. To connect your Ethereum wallet select "Connect to an Ethereum wallet". Here you will be prompted by Metamask to connect your wallet.<figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281130/4022268cc4dd287f1d10cffa/g4C7h2QpVVzUN35pzGVbKhnW0NNbybR6cEw8jD_CKra5JB0_-3mZpezvN-0sBDdTHjnfIjHRauyPFtYfNKkuMqAGaXGqnnr7CnEYqld_9u1ZBRfIHSkWPc9odQ8uRIPFGJiXC7yQ" class="kg-image" alt loading="lazy"></figure>Next, to connect your Vega Wallet, select "Connect to see your VEGA balance".<figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281138/e1be38b405b90d966eac045f/n0POHur9Rbz13N3t8yWrMGoesCqN6fGGEktmFvzfW9MYQMGYD_F883De6rK1mxARygm6aYTWy5QS9jjdR8294ducuT_koQUxHaFsK3008rjDmd2DrND1HBM1OloipRieIhf1n2IP" class="kg-image" alt loading="lazy"></figure>You must enter your username and passphrase that you chose when the wallet was created.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/Screenshot-2021-11-17-at-17.24.25-1.png" class="kg-image" alt loading="lazy" width="1312" height="806" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/Screenshot-2021-11-17-at-17.24.25-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2021/11/Screenshot-2021-11-17-at-17.24.25-1.png 1000w, https://p2p.org/economy/content/images/2021/11/Screenshot-2021-11-17-at-17.24.25-1.png 1312w" sizes="(min-width: 720px) 720px"></figure>4. The next step is to associate tokens with your VEGA wallet. Select "Associate tokens with a VEGA wallet".<figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281154/013632bb6c1a03f7752cd4a6/rt_cA0_JPwF4Fp_VgqbvvdsLvHmCafykZ4BVpkmTM9Cm18szjAqvrfiGsD_eUtQIS8E8XyUAPbRb59ohph2SFojw6ciu6fnPa_gFFOYnmJMx1ymPfi7JxwzVJwyk3nd1pWwshn-p" class="kg-image" alt loading="lazy"></figure>5. Here you need to (a) select "Wallet", (b) verify that this is your public key, and (c) select the amount that you would like to stake. To move to the next step select "Approve VEGA tokens for staking on Vega".<figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281164/f63133029050714649bb87af/yvRXUnrC72GaH2l6VcpfiZxYu08oeHLlMh3j73elyAEiTrSqO1MBmLsCpThrmdL7MgFVYUz7VfSYIoLw2NtdlzSn5o4Jhw3wMyo1scPYK1K9_Lg_MtdhmTFkPmmYvaDPOpZztoTL" class="kg-image" alt loading="lazy"></figure>You will be prompted by Metamask, where you must confirm the transaction.6. Once approved, you can associate your VEGA tokens with your key. Select "Associate VEGA Tokens with key".<figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281170/214829ff1be9b604b53752fb/gA18urvfpVnUITulNgHmoD3Ld-We45lyaOFK2gj6n9VaeRQ-6F_f4wQChREmQM4hq_MJdiSP0DCFvAC6vMIgVbMZbQRph2FB5qqcE5_-FJl5Q0Pa3dMpDVzOdwEK6VNx6mHhICPK" class="kg-image" alt loading="lazy"></figure>You will be prompted by Metamask again, where you can confirm the transaction. You will have to wait for a sufficient amount of block confirmations on the Ethereum network.7. Once approved, you can select "Nominate Stake to Validator Node" to nominate a validator.<figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281176/452cecf6c36565a940b1568e/iMbCC3eDY3q1XyewdssBgMzQS3tc0dHoDzmvnbz2QWGfk5OYe7NYvydXxRcwEzEItd3c32BohYUeZ3qqGbUMCpiUw64MQyH-HVE6SuEy3wcPE3b2_Szt9ujYc_OOUc9nR-8gKaV_" class="kg-image" alt loading="lazy"></figure>8. You will now be asked which validator you wish to select. It's important to select a validator that you trust. You can find our validator addresses as well as more information about us on our<a href="https://p2p.org/vega?ref=p2p.org" rel="nofollow noopener noreferrer"> VEGA page</a>.<figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281182/536394cca705f86bdf9c7bcf/R-Q1Yq2apFwRvxnhXIueOQqj6BOe8MJJEleHAQF45ihw5TO-XyTyqbteoW1-5JkaDf-A6-TCEsCcPbGUy3YOemNl6z5M2mLWaKiHpKjqMhP7O2r7gOgQRvi43L9m01rI7tZVdkqg" class="kg-image" alt loading="lazy"></figure>9. After selecting which validator you wish to stake with, go to the bottom of the page and find "Manage your stake". Select "Add" and input how much you would like to stake with this Validator.<figure class="kg-card kg-image-card"><img src="https://p2p-validator-fa82109e4cef.intercom-attachments-7.com/i/o/420281192/7b5a4ea46e0dd82c7be58dc7/4EPJG3IDMWhPI4pC2vZ0-9l5MfyLSwfda7Al9oLZse2PDTM6lCoch-JKvd6WasjHBFawdzPMTdrZ9PT5oGANBp8sjo6tk7bdCvNw35jWjegVjsZ51xXawQ08EADYCeoerhKYedmN" class="kg-image" alt loading="lazy"></figure>That's it! You have successfully created a nomination transaction to the validator of your choice. If you see that your stake in the next epoch has increased by the amount you submitted, you can close the website and terminal - it has been registered. <figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/11/image-55.png" class="kg-image" alt loading="lazy" width="1338" height="808" srcset="https://p2p.org/economy/content/images/size/w600/2021/11/image-55.png 600w, https://p2p.org/economy/content/images/size/w1000/2021/11/image-55.png 1000w, https://p2p.org/economy/content/images/2021/11/image-55.png 1338w" sizes="(min-width: 720px) 720px"></figure>Your stake will be active at the beginning of the next epoch. One epoch on the Vega network is currently configured to be 24 hours. An epoch is the period of time the network uses to manage the list of registered validator nodes and staking rewards payouts. The APR for staking VEGA is variable and will depend on the % of the total VEGA supply that is staked. As with most staking services, the earlier phases provide the highest rewards. Vega are placing a fixed amount of VEGA into a treasury for staking rewards that will be distributed among the staked VEGA. Less staked VEGA to distribute it to, the higher the rewards per VEGA staked. The APR will become more stable once more VEGA is staked.Thank you for using our guide! If you have any questions, need further help, or any feedback please reach out to us on<a href="https://t.me/P2Pstaking?ref=p2p.org" rel="nofollow noopener noreferrer"> Telegram.</a><hr><h3 id="useful-vega-resources">Useful VEGA resources</h3><ul><li>Website: <a href="https://vega.xyz/?ref=p2p.org">vega.xyz</a></li><li>Token console: <a href="https://token.vega.xyz/?ref=p2p.org" rel="noopener noreferrer">https://token.vega.xyz</a></li><li>Trading Console: <a href="https://console.fairground.wtf/?ref=p2p.org" rel="noopener noreferrer">https://console.fairground.wtf/</a></li><li>Network Overview: <a href="https://p2p.org/economy/vega-network-overview/">https://economy.p2p.org/vega-network-overview/</a></li><li>Whitepaper: <a href="https://vega.xyz/papers/vega-protocol-whitepaper.pdf?ref=p2p.org">vega.xyz/papers/vega-protocol-whitepaper.pdf</a></li><li>Github: <a href="https://github.com/vegaprotocol/?ref=p2p.org">github.com/vegaprotocol/</a></li><li>Twitter: <a href="https://twitter.com/vegaprotocol?ref=p2p.org">twitter.com/vegaprotocol</a></li><li>Discord: <a href="https://discord.com/invite/3hQyGgZ?ref=p2p.org">https://discord.com/invite/3hQyGgZ</a></li><li>Blog: <a href="https://blog.vega.xyz/?ref=p2p.org">blog.vega.xyz/</a></li><li>Community: <a href="https://community.vega.xyz/?ref=p2p.org">community.vega.xyz/</a></li></ul><hr><h3 id="about-p2p-validator">About P2P Validator</h3><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only high class staking opportunities securing more than 4 billion of USD value at the time of the latest update. P2P Validator is trusted by over 24,000 delegators across 25+ networks. We are a major player in all networks we support because of our experience, commitments and our reputation. We pay special attention to the process of governance.<hr>Want to stake VEGA with us? Visit <a href="https://p2p.org/vega?ref=p2p.org">https://p2p.org/vega</a> to find out more about Vega staking and our special offer. If you have any questions, feel free to join our<a href="https://t.me/P2Pstaking?ref=p2p.org"> Telegram chat</a>, we are always open for communication.

Admin

from p2p validator

Vega Vega - Network Overview

Secured around a PoS consensus mechanism, <a href="https://p2p.org/vega?ref=p2p.org">Vega</a> is a novel project designed for developing and trading quality derivative products on a decentralised network. <h2 id="current-network-state">Current Network State</h2> Traditional centralised financial markets have left us paralysed. Traders and investors have no choice other than giving full trust to third parties who fix high costs and stifle innovation by controlling what markets and products can be traded. The Vega network works to solve these shortcomings by improving access to a decentralised derivative trading network, cutting out the middleman and redistributing control back to the community. With Vega, anyone will be able to propose the markets they want to trade, and they will be approved for creation if they pass through governance. These markets will be:<ol><li>Backed by optimal liquidity incentives to attract market-making resources.</li><li>Supported by a risk management system to ensure safe trading.</li><li>Allowing collateralization with multiple crypto-assets.</li></ol>Through the use of its permissionless and agnostic proof of stake network, VEGA is bringing efficient trading of derivative products (comparable to centralised exchanges) to the DeFi ecosystem. <h2 id="token-allocation">Token Allocation </h2> VEGA raised ~$11 million from over 26 backers, including Arrington, Pantera, Cumberland, KR1, Hashed, and Coinbase Ventures. Symbol: VEGA Type: ERC20 token which interacts with the VEGA blockchain via a Ethereum-to-Vega bridge Current Market Cap: ~$34,000,000 Current Circulating Token Supply: ~1,600,000 VEGA Total Token Supply: 64,999,753 VEGAThe initial token allocation and current token distribution looks as follows:<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/09/VEGA-Initial-Token-Allocation.jpg" class="kg-image" alt loading="lazy" width="1200" height="800" srcset="https://p2p.org/economy/content/images/size/w600/2021/09/VEGA-Initial-Token-Allocation.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2021/09/VEGA-Initial-Token-Allocation.jpg 1000w, https://p2p.org/economy/content/images/2021/09/VEGA-Initial-Token-Allocation.jpg 1200w" sizes="(min-width: 720px) 720px"></figure><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/09/VEGA-Token-Distribution.jpg" class="kg-image" alt loading="lazy" width="1200" height="800" srcset="https://p2p.org/economy/content/images/size/w600/2021/09/VEGA-Token-Distribution.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2021/09/VEGA-Token-Distribution.jpg 1000w, https://p2p.org/economy/content/images/2021/09/VEGA-Token-Distribution.jpg 1200w" sizes="(min-width: 720px) 720px"></figure> <h2 id="vega-token-utility">VEGA Token Utility</h2> Each VEGA token will give rights to participate in governance and staking. Governance VEGA token holders will have the opportunity to propose and vote on 1) new markets on the VEGA protocol and 2) governance changes on rewards distribution policies, review fee prices, and the behaviour of the network. Staking Staking is the mechanism used to secure the network. It is the process of holding coins/tokens (stake) in order to earn rights to participate in the "validation" of new blocks, and in doing so "delegators" are compensated with rewards. Token holders can “delegate” their VEGA tokens rights to Validators. The more stake one has, the more influence they hold. Delegators are therefore incentivised to delegate to a Validator that acts according to the best interests of the network as a whole. <h2 id="vega-staking-economics-">VEGA Staking Economics: </h2> Vega started in 2018 and will be launching their Restricted Mainnet soon - enabling governance and staking of both unlocked and locked VEGA tokens. The core functionality of Vega will be introduced by a governance vote once the network is running smoothly and the functionality to enable trading is well-tested.<figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/09/image-2.png" class="kg-image" alt loading="lazy" width="1200" height="300" srcset="https://p2p.org/economy/content/images/size/w600/2021/09/image-2.png 600w, https://p2p.org/economy/content/images/size/w1000/2021/09/image-2.png 1000w, https://p2p.org/economy/content/images/2021/09/image-2.png 1200w" sizes="(min-width: 720px) 720px"></figure>Vega uses a Delegated Proof of Stake BFT-style consensus protocol. Token holders can “delegate” their VEGA tokens to the validators they wish. Validators will validate blocks of transactions on their behalf, earn rewards proportionally to the represented stake, and the network will redistribute it to their delegators after deducting a fee for the service they provide. There are two variables that define the staking rewards APR: the amount of tokens in the network assigned for rewards (AKA the reward pool), and how many VEGA tokens are currently staked. The estimated APR will be released shortly after the network launches when these variables will be known. These rewards will derive from two different places: 1) A percentage of the infrastructure fee - fees that are charged on trades executed on the platform. 2) From the on-chain treasury. The amount of rewards received will be voted by the community where an equilibrium between desiring high fees and lowering fees to attract demand should be reached. Initially, 13 validators (<a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> being one of them) will be in charge of the validation of new blocks. To promote decentralisation, Vega have implemented a non-whaling scheme. Rewards will not grow further beyond a maximum stake that will be imposed on validators. Delegators therefore have an incentive to delegate to validators with a stake below this threshold as doing so will lead to higher rewards per token. Users that want to contribute to the stability and security of the Vega Network without the complexities associated with the management of being a validator can delegate stake and earn staking rewards. <h2 id="slashing-risk">Slashing Risk</h2>Vega does not plan to implement slashing. However, validators will not receive rewards if they do not validate the blocks assigned to them and the community will punish validators who misbehave by undelegating their stake. Further punishments could be implemented if needed, such as retaining rewards generated. If it turns out to be insufficient, the community can always vote to implement further measures. <h2 id="useful-vega-resources">Useful VEGA resources</h2><ul><li>Website: <a href="https://vega.xyz/?ref=p2p.org">vega.xyz</a></li><li>Guides: Coming soon</li><li>Whitepaper: <a href="https://vega.xyz/papers/vega-protocol-whitepaper.pdf?ref=p2p.org">vega.xyz/papers/vega-protocol-whitepaper.pdf</a></li><li>Github: <a href="https://github.com/vegaprotocol/?ref=p2p.org">github.com/vegaprotocol/</a></li><li>Twitter: <a href="https://twitter.com/vegaprotocol?ref=p2p.org">twitter.com/vegaprotocol</a></li><li>Blog: <a href="https://blog.vega.xyz/?ref=p2p.org">blog.vega.xyz/</a></li><li>Community: <a href="https://community.vega.xyz/?ref=p2p.org">community.vega.xyz/</a> </li></ul><h2 id="about-p2p-validator">About P2P Validator</h2><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only high class staking opportunities securing more than 4 billion of USD value. At the time of the latest update, P2P Validator is trusted by over 10,000 delegators across 25+ networks. We are a major player in all networks we support because of our experience, commitments and our reputation. We pay special attention to the process of governance.<hr>Want to stake VEGA with us? Visit <a href="https://p2p.org/vega?ref=p2p.org">https://p2p.org/vega</a> to find out more about Vega staking and our special offer. If you have any questions, feel free to join our<a href="https://t.me/P2Pstaking?ref=p2p.org"> Telegram chat</a>, we are always open for communication.

Admin

from p2p validator

Vega P2P Validator To Provide Vega Staking

<a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is excited to announce our upcoming launch of Vega staking. P2P will be joining the Vega Mainnet as node operators to increase network decentralization and support the security of the first network. <a href="https://vega.xyz/?ref=p2p.org">Vega</a> is a financial infrastructure protocol designed for developing and trading novel margin products on a decentralized network. Secured with PoS, Vega facilitates automated margin trading of complex products, allowing anyone to design and launch their own financial products.By staking Vega with P2P Validator, users can earn rewards on their VEGA through our non-custodial staking infrastructure. There are two variables that define the staking rewards APR: the number of tokens in the network assigned for rewards, and how many VEGA will be locked up to secure the network. These factors are likely to be variable upon network launch and better defined APR estimates will be available shortly after staking begins. Rewards are paid every epoch (daily) to the separate, non-staking account. P2P has been selected as one of the first 13 validators and we are successfully running on testnet, to be one of the first validators to launch on the Vega mainnet. For more information on how P2P can assist you with your Vega, please visit <a href="https://p2p.org/vega?ref=p2p.org">p2p.org/vega</a>.  <h3 id="about-p2p-validator">About P2P Validator</h3>The P2P team has extensive experience in setting up secure infrastructure. P2P Validator maintains high-availability nodes and provides secure staking services for the most groundbreaking projects in the blockchain space. The node infrastructure is under advanced monitoring with 24/7 technical support, backups and alerts. P2P currently supports more than $4 billion in staked value across more than 10,000 individual stakers and 25+ key PoS networks.

Admin

from p2p validator

Kusama P2P Validator and Robonomics announce collaboration for launch of parachains on Kusama

We are pleased to announce a collaboration with <a href="https://robonomics.network/?ref=p2p.org">Robonomics</a> for the launch of parachains on the Kusama (KSM) network. Through this partnership, <a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> will roll out, maintain and support infrastructure for Robonomics parachain when Robonomics wins a slot within a Kusama parachain auction. P2P Validator will help to ensure a smooth launch and sustained support of Robonomics parachains through rolling out an optimal number of collators and full nodes to organise all associated parachain data. In addition to this, we will work with Robonomics to produce new block candidates by passing them to the relevant validators across the Kusama relay chain.Robonomics is an open-source server-less IoT platform on top of Ethereum and Polkadot. Its main goal is to bring the economy of robots into the 4th industrial revolution.Kusama parachain is an excellent opportunity for Robonomics to scale up to 1 million IoT devices connected in real-time without any centralized regulators.Through this partnership, P2P aims to demonstrate our technical infrastructure capabilities across the Kusama blockchain. As a leading non-custodial staking provider securing more than $3 billion in assets across 25+ staking networks, we are thrilled to work with Robonomics on this exciting project. <hr><h2 id="useful-resources">Useful Resources</h2>To find out more about Robonomics crowdloan campaign, visit the <a href="https://robonomics.network/kusama-slot/?ref=p2p">dedicated crowdloan page</a>. Don’t forget to unbond your KSM to participate in the crowdloan. To learn more about Polkadot and Kusama, please visit P2P’s support centre: “<a href="https://help.p2p.org/en/articles/5161573-kusama-ksm-staking-faq?ref=p2p.org">Kusama Staking FAQ</a>” & “<a href="https://help.p2p.org/en/articles/5094261-polkadot-dot-staking-faq?ref=p2p.org">Polkadot Staking FAQ</a>”.

Admin

from p2p validator

Mina Mina Protocol Staking Economics & Rewards

In this blog post we will briefly walk through the Mina protocol incentives and cover staking rewards calculation.Staking economics is very important for proof of stake (PoS) networks. Proper incentives help blockchains to maintain properties such as immutability and censorship resistance, building a solid foundation of node operators securing the network participating in consensus.  <h3 id="mina-inflation">Mina Inflation</h3>Most PoS networks implement continuous token emission to incentivize node operators and delegators. Mina is not an exception. There is no cap of a max MINA supply as it grows every block. Every canonical block (successfully produced block written in the main chain) contains a coinbase (block reward) that is distributed to a node operator that produced it.Currently, block rewards are fixed at 720 MINA to constitute the inflation of 12% assuming that all tokens are staked. In future it is expected for block rewards to be dynamic targeting inflation depending on a staking ratio to incentivise participation in staking. The less tokens are staked the higher will be the coinbase.Token emission will decrease periodically until it reaches 7% annually. This schedule can be changed by the community via governance procedure in future.<figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/x0gebrSAlSXAjB8-rg0c8BVUr_RAAtrW1ywDEmakBgNCCWKDc3cuxz4sSO-c-0qVAidRHOEAGWh-W-isPlH5FqmdWR8LVloHMtlgY_DfBKx31fqrZvJ2FsxPDUjwMlhieGvUO1Fe" class="kg-image" alt loading="lazy"></figure>For token holders, staking is important to avoid dilution of their total share in Mina network. Some MINA tokens are locked for a certain period of time. They are not transferable but capable of being delegated or staked. Coinlist token sale participants and those who purchased MINA on exchanges have unlocked MINA that can be transferred to any Mina address.To further incentivise staking every address without locked Mina will receive a higher return on its Mina due to supercharged coinbase. <h3 id="mina-protocol-specifics">Mina Protocol Specifics</h3>In Mina periods are split into epochs that last approximately 14 days and 21 hour. Staking operations like delegating and undelegating are executed immediately, but effects are applied only a couple epochs later due to Mina specifics. Stake distribution and balances are fixed for a particular epoch and any changes are taken into account with a time lag of 1-2 epochs.Epoch consists of 7140 slots, each is a period of time when node operators can create a block and produce SNARKs (proofs for transactions that compress the size of a blockchain). Currently it lasts ~3 min, but it can be shortened in future.Chances of being selected as a block producer are proportional to the node operator's stake. The final output is determined by a<a href="https://en.wikipedia.org/wiki/Verifiable_random_function?ref=p2p.org"> verifiable random function</a> (VRF). Multiple pools can be assigned with the same slot potentially resulting in a short-range fork that will be resolved by <a href="https://minaprotocol.com/blog/how-ouroboros-samasika-upholds-minas-goals-of-decentralization?ref=p2p.org">Ouroboros Samasika</a>.In fact, all accounts delegated to a particular pool participate in the VRF distribution to win the slot. Staking pool that is being delegated by the winning account can compete for the slot and receive a reward if the block was selected by the consensus rules as a canonical one. In general, coinbase is 720 MINA at the moment, but if the account that was assigned to that slot holds only unlocked tokens - coinbase is doubled being equal to 1440 MINA.There is no slashing in protocol rules, but rewards to delegators are distributed by block producers manually, pro rata to their share in the pool. It is important to select a reliable block producer as malicious actors can withhold rewards, which will result in a time lost for re-delegating to another pool. In case of a supercharged block, share of delegators with unlocked tokens is doubled to reflect their contribution to the increased coinbase (mechanics might differ among block producers). <h3 id="staking-return-calculations">Staking Return Calculations</h3>There are ~24 epochs in a year and APR will vary in a short period of time (a few epochs) but should smoothen in the long term as more epochs pass. To define expected annual staking return we can extrapolate epoch performance to future periods. This method doesn't give us precise results but allows us to see which epoch had better return compared to others.annual_apr = epoch_reward / epoch_balance * n_epochs_yearepoch_reward = total_pool_epoch_rewards * (1 - pool_fee) * delegator_sharedelegator_share = delegator_epoch_balance / total_pool_stakeCalculation above doesn’t take fees into consideration. The more epochs are aggregated for averaging the better is the approximation of annual staking return. It also doesn’t take compounding into account, but it is possible to summarise actual rewards for a year and see the overall annual return.In Mina, rewards received from delegating are staked automatically by design. Try to use a<a href="https://docs.google.com/spreadsheets/d/124XccIxA3O3K6vKxmflp3oOzFRTNGhEQRCGo4j_cLd0/edit?usp=sharing&ref=p2p.org"> simple spreadsheet</a> to check your epoch rewards. We provide reward reports for P2P delegators by request, visit p2p.org/mina for more details.<hr>Note, that payout is not always equal to an epoch reward as some pools (including P2P) distribute rewards more frequently, so you will need to add up those. If you have questions, feel free to join our<a href="https://t.me/P2Pstaking?ref=p2p.org"> telegram chat</a>. We are always open for communication.<hr><h3 id="about-p2p-validator">About P2P Validator</h3>P2P Validator is a world-leading non-custodial staking provider securing more than $3.2 billion in staked assets by over 10,000 delegators across 25+ high-class networks. P2P Validator is an early genesis member and one of the early seed peer providers. We have been participating in Mina since the first testnet and intended to support Mina in the long term.Web: <a href="https://p2p.org/?ref=p2p.org">p2p.org</a>Stake MINA with P2P: <a href="https://p2p.org/mina?ref=p2p.org">p2p.org/mina</a>Twitter: <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a>LinkedIn: <a href="https://www.linkedin.com/company/p2p-org/?ref=p2p.org">LinkedIn.com/company/p2p-org</a>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">t.me/P2Pstaking</a>

Alex Bondar

from p2p validator

Mina Mina Staking Guide: Stake MINA Using Clorio Wallet

Clorio wallet is in beta version with an open sourced codebase. It is highly recommended to verify the checksum of the application if using a desktop version.<a href="https://p2p.org/mina?ref=p2p.org">Mina</a> is a lightweight, highly efficient blockchain allowing network participants to seamlessly join the network to verify and secure the chain. On the Mina blockchain you can stake your MINA tokens to earn staking rewards - currently up to 24% APY. The following guide walks you through Mina staking using <a href="https://clor.io/?ref=p2p.org">Clorio wallet</a>. Clorio is a Mina specific wallet which lets you store, send and stake your <a href="https://p2p.org/mina?ref=p2p.org">Mina</a> tokens.<hr><h2 id="staking-mina-protocol-mina-video-guide">Staking Mina Protocol (MINA): Video Guide</h2><iframe width="560" height="315" src="https://www.youtube.com/embed/Pgbt-DXWX_A" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe><hr><h2 id="staking-mina-using-clorio">Staking MINA Using Clorio </h2>For more information, follow the steps below.<ol><li>Creating a Mina Wallet</li><li>Staking Mina using Clorio</li></ol> <h3 id="1-creating-a-mina-wallet">1. Creating a Mina Wallet </h3>It is possible to access Clorio using Ledger wallet if you have installed the <a href="https://docs.minaprotocol.com/en/advanced/ledger-app-mina?ref=p2p.org">Mina app</a>.<ol><li>Visit <a href="https://mainnet.clor.io/?ref=p2p.org">mainnet.clor.io</a> and press Create wallet. Select your preferred way of accessing the wallet.</li></ol><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/uxaxr6vCdtp5Ey8JfYfkKrN3zov67lUyqNGylWldR1n2PxH0yO5f6ZpobmhKzgFPH270NHbn860d41GoUSdczbmH7mZsegxGEvaKLVlZg0fZ8x-5BdiZR2uJtbJxLFT0uDAcMMul" class="kg-image" alt loading="lazy"></figure>2. Save your private key in a safe place. Download a PDF paperwallet and press Continue.<figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/G0CSbFS6gCocTHjnrEqb0t5N1gjWtCTbsqWYivolqbBlw2tQRo_OOSPxNrmDKkvSkjXtGcZ0PqVkiV0orpUA6a-13yQBFFwO74882yFH9pKPIgNhrQ33xbKGJvije702lS5rSs43" class="kg-image" alt loading="lazy"></figure>3. Verify your private key and press Continue.<figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/5uMlUgP9jFsUiVd6rHZyX5vTrYDznK_3t59MS_ue5WrYHpI559hq_OAo9OW0SxMIKmyIpZ6OgzkrYyj1lJtwihA4xHtqaLTjjBJcJxld3UDDtRHFrX8G3a62utUDz4PEva187eGi" class="kg-image" alt loading="lazy"></figure>4. Transfer Mina to your address. Note that for the first transaction, 1 MINA will be taken by the protocol as a wallet creation tax.<figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/ors6Ati_Uz4xLH3ZSXF7GOH4Hahcx9obpe3xx3Sbg_wtsXQASsR7OJygHoGFmkcBEnXVxODnH5qOtq7DbRi550KuE0KST2thuNX1syi0kcrBHIf21dLdRmHyC7eZ2waXzZQXDqia" class="kg-image" alt loading="lazy"></figure>Your Mina wallet is now live and you can manage your Mina assets on the blockchain.<hr><h3 id="2-stake-your-mina-tokens-with-p2p">2. Stake your MINA tokens with P2P </h3>To stake your <a href="https://www.p2p.org/mina?ref=p2p.org">MINA</a> tokens and earn staking rewards, follow the steps outlined below.<ol><li>Access your wallet if needed and go to the staking hub. Select P2P Validator and click Delegate.</li></ol><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/nj32r4V7V15HEwQ0cG8dskV6lgv0K4KNcSkiv7bGY_OY-5Fj9riesVov8gw5fsF7VCgVYGsZlYUILlVFvikOciLKd2nT8CEK9XVx6U_2mA3qdiQoqI7QkoluzqpE9_o2k6Y8GTqi" class="kg-image" alt loading="lazy"></figure>2. Confirm the action.<figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/0RLBTMZ_V9i7YHKwffPYTwXu9NXY2bu9CKTbWmYtwr15AaS6i9xpxKtOFV-RVfoK_mYrqZsC10OOSVyMNXsyhgf79X3wTZtcUn6UFxMhAQc3poyEkA8ojBtzaRnWUFD5zpg9WnFE" class="kg-image" alt loading="lazy"></figure>3. Set the transaction fee and click Proceed. In most cases you can use a default value. It is possible to check <a href="https://feenow.minascan.com/?ref=p2p.org">feenow.minascan.com</a> to see the current state.<figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/TG2ea1yagMJO8XF9K4jlUdbJvA35ojQLtgArLTKhv707FZRuDio3X2qJ7Eg6FP4bFgh8ePv3L1OS1IRJMX_bSICPUt47mFBRy7-tMLtxQhLVtzON7azUwja9sDdMCirZVdjOpVvI" class="kg-image" alt loading="lazy"></figure>4. Confirm the transaction using your Private Key.<figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/4OVTlFVH4BAN1Qd3fJQ69G6KmuI-mhxIheb3cneH_Ge1dpPXJ-h_idoFlI5P4iJ0KyEZm9SEzHk3rP9YXBhmpQbPvBrfjxBP4hPC7R3KGXtqeKzWqyzgWQ1UOTc1U5eu_xMw9D5y" class="kg-image" alt loading="lazy"></figure>5. After the confirmation you will be able to see your current delegation. Also, you can go to the overview tab to check the transaction status.<figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/HBddWKJjO-Su1ZUnbI7yUyQDHHZm6MqgxVkS3gnOIFwWJdCq3QacC5kvRdOlCoZBldVHvuazif9WtCdLga7tuHBpMBFmpWNYpRl7rfP8WnfZDxe0VhhvEHHQsiAwGYJ8oAf2d_mW" class="kg-image" alt loading="lazy"></figure>Congratulations! You have successfully delegated MINA to P2P Validator. You will now start earning regular staking rewards. <hr>Each block producer has own payout conditions, manually distributing staking rewards. Your delegation will start participating in the consensus after the next epoch (1 epoch is ~15 days). If you delegate from a locked account it is recommended to create a separate address, periodically transfer rewards and delegate from there as well. It increases the chances of receiving a supercharged coinbase (double block reward) benefitting all delegators of a particular pool.<hr>If you have any questions, please feel free to join our <a href="http://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a>. We are always open for communication.<hr><h3 id="about-p2p-validator">About P2P Validator</h3>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. At the time of the latest update, more than $3.2 billion is staked with P2P Validator by over 10,000 delegators across 25+ networks. We are actively involved in <a href="https://p2p.org/mina?ref=p2p.org">Mina staking</a> since the first testnet being an early genesis member and mainnet seed peer provider. <ul><li>Web: <a href="https://p2p.org/?ref=p2p.org">p2p.org</a></li><li>Stake Mina with P2P: <a href="https://p2p.org/mina?ref=p2p.org">p2p.org/mina</a></li><li>Twitter: <a href="https://twitter.com/P2Pvalidator?ref=p2p.org">@p2pvalidator</a></li><li>LinkedIn: <a href="https://www.linkedin.com/company/p2p-org/?ref=p2p.org">linkedin.com/company/p2p-org/</a></li><li>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">t.me/P2Pstaking</a></li></ul>

Alex Bondar

from p2p validator

Oasis Oasis Staking Guide: Stake Oasis (ROSE) with Ledger

In this article we will walk you through how to delegate ROSE tokens with a Ledger using Chorus One’s Anthem platform. Anthem enables ROSE holders to transfer and delegate their tokens to earn staking rewards up to 15% APY. Before you start:<ul><li>Download and install the newest version of Ledger Live on your desktop.</li><li>Install the latest version of the Oasis App on your Ledger device.</li></ul><h3 id="step-1-sign-in-to-anthem-using-ledger">Step 1: Sign in to Anthem using Ledger</h3>After setting up your Ledger and installing the latest Oasis App, go to Anthem platform. Click the "Connect" button in front of the Oasis network and select the "Sign in with Ledger" option.<figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/WWdzAlLnZxVFifR3kK7NyLEfMaBA-MLTcF-ZLSRMDTz71ek-xB8D41CiyRvPCf5z4_xK6tnn5RwEOEm1o8yAmfU89NYv7xwaxmgrLhJEo9W55t0oEAttFfCPLup5MME7yumMr-6z" class="kg-image" alt loading="lazy"></figure>Plug in and unlock your Ledger device. Open the Oasis app and click ‘Connect’.<figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/TAGw1uqClz32Nc7ar9_dG5Mu6Wlq6waqrApFSCh5ZiuD-oR7nYG9OCKr47QXCP6F1Rk3Wcj-bXxwEpIpsF_cND1i0KM2Cnpft8FN44smeWQOl-VgND5kpdz2OvjW4zUwvCQ2Ta-r" class="kg-image" alt loading="lazy"></figure>After successfully connecting your Ledger you will be able to see your account information on the dashboard.<figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/Zjm3d6i0IA8BGSSOAcjqyd80vEhOj0ckM9giWsGM35LB7_ha_B2LPtsTjbxf4VJ4M3b_XgL2iEl8xleWYzIMNk-dOKYG1d0VuSFJsDe9EpHoHrhv5v3uv0HAf7vidORhTsxJc9F7" class="kg-image" alt loading="lazy"></figure><h3 id="step-2-stake-your-rose-tokens">Step 2: Stake your ROSE tokens</h3>We are now ready to stake! Check the available balance on the right side of the dashboard and click “Stake”. <blockquote> You will need to have a minimum of 100 ROSE in order to stake</blockquote><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/hwNydph_bqa0EDggNR-MeAKTuCGmlv4YT_Xy9dl2PZYkzku7ZE7rxjbWUNvq5a9qrbDqjaVQyJVE835oc9fLxWSd_oDEOdFPSbpg12J1Xcum9dVQfsEI-fw8FZbd1ujsfKH7jvE5" class="kg-image" alt loading="lazy"></figure>Select P2P Validator from the list of validators. Enter the amount you want to stake and click “Generate My Transaction”.<figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/Lb0KtC8bPrbyp0MvcjoIrsoy6VOPJ5uGY9UkKOGymrGmBlNLTqYE3T2OtnDSltQx-QuRW3wtS1JZcqdY-RnecVEZnn7aR4OYtx8GG6zZ-PvLELUuzmb_nU-jhS7rdmDrwTc1DzLS" class="kg-image" alt loading="lazy"></figure>Click "Sign Transaction" and approve the transaction on your Ledger device. Once confirmed on your ledger it will take a few minutes to confirm your transaction and once it’s done you will see the following message: “Congratulations! You are now a staker of ROSE.”<div class="note-card"> Oasis (ROSE) Staking FAQ: <ul> <li>The current ROSE staking APY is approximately 15% per year.</li> <li>Rewards are added up to the staked amount every epoch and can be claimed manually by initiating unbonding.</li> <li>The Oasis network has a 14 day unstaking period throughout which your tokens will not be transferable. </li> <li>You need to have some funds remaining on your account while staking to ensure you can cover transaction fees.</li> </ul> </div>Oasis protocol is a decentralized privacy-preserving platform for cloud computing that allows safe data sharing and ownership enabling computationally complex applications. For more information on Oasis and staking ROSE, refer to our <a href="https://p2p.org/economy/oasis-brief-overview/">Oasis (ROSE) Network Overview</a>. For support related inquiries, please visit our <a href="https://help.p2p.org/en/articles/5161651-oasis-rose-staking-faq?ref=p2p.org">Oasis (ROSE) Staking FAQ</a> or contact our team via the chat function.<h3 id="useful-oasis-resources">Useful Oasis resources</h3>Website:<a href="https://www.oasislabs.com/?ref=p2p.org"> https://www.oasislabs.com/</a>Github:<a href="https://github.com/oasislabs?ref=p2p.org"> https://github.com/oasislabs</a>Whitepaper:<a href="https://docsend.com/view/grdq39h?ref=p2p.org"> https://docsend.com/view/grdq39h</a>Non-tech paper:<a href="https://docsend.com/view/5uuhcj3?ref=p2p.org"> https://docsend.com/view/5uuhcj3</a>Blog:<a href="https://www.oasislabs.com/blog?ref=p2p.org"> https://www.oasislabs.com/blog</a>Oasis Network explorer: <a href="https://oasisscan.com/?ref=p2p.org">https://oasisscan.com</a> <hr>Want to stake Oasis with us? Paul will be happy to help. Contact p.pavlov@p2p.org to get personal assistance.<hr><h3 id="about-p2p-validator">About P2P Validator</h3>P2P Validator is a world-leading non-custodial staking provider securing more than 3 billion USD value from over 10,000 delegators across 25+ high-class networks. P2P Validator invested its own funds in Oasis and intends to support the network in the long term. Our team has close connections with the Oasis team and we have participated in the incentivized testnet since the beginning.Web:<a href="https://p2p.org/oasis?utm_source=blog&utm_campaign=oasis_staking_guide"> https://p2p.org</a>/LinkedIn: <a href="https://www.linkedin.com/company/p2p-org/?ref=p2p.org">linkedin.com/company/p2p-org</a>Twitter:<a href="https://twitter.com/p2pvalidator?ref=p2p.org"> @p2pvalidator</a>Telegram:<a href="https://t.me/p2pvalidator?ref=p2p.org"> https://t.me/p2pvalidator</a>

Pavel Pavlov

from p2p validator

Kusama Slashing Event in Kusama - Post Mortem

<h3 id="summary">Summary</h3>115 validators of different staking providers received "unapplied slash" during the era 2249 in Kusama due to not sending "I'm online" signal. 45 out of 115 validators are P2P validators where a possible slash would be around 0.6% of active stake.Unapplied status means that it can be reverted through governance action, which is exactly what happened in that case.<h3 id="customer-impact">Customer Impact</h3>All slashings have been reverted and no customer funds are impacted thanks to councils who supported the request and voted for the <a href="https://kusama.polkassembly.io/motion/295?ref=p2p.org">motion 295</a> to cancel the slashing.<h2 id="what-happened">What Happened</h2>Almost all of the active P2P Validator nodes were running 0.9.0 version. Monitoring showed perfect performance although sometimes we detected CPU spikes during the election.On May 13, there was a release note issued for the <a href="https://github.com/paritytech/polkadot/releases/tag/v0.9.1?ref=p2p.org">0.9.1 version</a>. The release had “Low (upgrade at your convenience)” upgrade priority. P2P started to roll out this version gradually because this is our SoP for low priority upgrades.On May 14, we got a notification via Kusama Validator Lounge chat which said: “Just a heads up that the 9010 runtime upgrade will happen in ~55 minutes at block 7,468,792. If your node is not on at least version v0.9.0, it will not be able to sync after that”After the runtime 9010 had been applied, part of our monitoring services based on @polkadot-js/api stopped working due to it being an older version than required with the fresh runtime upgrade. We had an alert which would have been triggered if all CPU cores had 95%+ load at once, but as only one core had been overloaded, it didn't fire. Therefore, we didn’t figure out that a number of our nodes would get slashed. It took about 40 mins to understand what exactly had happened.See diagrams:CPU time of node under v0.9.0 that experienced CPU load during the election.<figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/xbMcNNQasSYF-CWTDqRaczqDUKVhZcf2FFbTC5_ubeGcZs1mpMGCES6MOxYgZxW0NtLCNl4Nzcb5qNp5IzYk0BcgHQCrp2s0qVazGGMvct2QbkIgbpMlDX0dfNGcSPE373RGV0pJ" class="kg-image" alt loading="lazy"></figure>CPU time of node under v0.9.1 - no spikes<figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/uqe0ePHHepSaTDa5rueOthMvifsFhezANDS7Y-vkQ5QxbfSO1QuPJbHiqVcwf9I8Xshh7pd2uzS-VWtzbZEGtJzgO02JojrjRAAaOEZwpaVdiAMNg835F0KHctcxPkuSUEab1XGO" class="kg-image" alt loading="lazy"></figure>Logs records nodes running on v0.9.0Looking at logs it becomes clear that after the runtime upgrade, nodes were experiencing some issues with performance. We caught 61780 events, which is a huge number and very unusual.<figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/bQTU71RRrNxVcfTAW8tKOgg-FQmrsrbYq3k5v2DeFqyyh4rWq3oyb-hbUq30BfzL5QdeuCda8XisWvr1C5i62oYkFPMpADfKWv5zhcdzbYGrC6tieoJzZXwTHDd2syjP0qB2Xk9l" class="kg-image" alt loading="lazy"></figure><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/tyErRh-yx8nhKGrEDIWdEcEwdmMKQfH-bv0w0VCNaZ_kG3yFmS2-7wNJq-EJmERFnoiUl1tV8LWSXpINXw8lt6hOoJ_Zyf5z9QoQpmTplkZUNfNLAHs2HalIv42I7QvVeE4PYT59" class="kg-image" alt loading="lazy"></figure> During CPU spikes, our validators were not able to send "heartbeat" events. Therefore all 115 validators got slashed due to the concurrent unresponsiveness of a bunch of validators, see offence <a href="https://wiki.polkadot.network/docs/en/learn-staking?ref=p2p.org#slashing">Level 2</a>.In order to avoid further slashing, P2P team undertook the necessary steps as follows:May 14, 21:30:00<ul><li>Fix monitoring service</li></ul>May 15, 00:30:00<ul><li>Validation is recovered on all P2P validators</li></ul>May 15, 00:40:00<ul><li>Investigation in collaboration with other nodes operators and the Kusama dev team occurred.</li></ul>May 15, 05:00:00<ul><li>All Kusama nodes have upgraded to v0.9.1 that solved CPU spikes issue</li></ul>May 15, 19:00:00<ul><li>Set “--wasm-execution Compiled” flag for all Kusama nodes </li></ul>----Slashing was reverted by one of council member Raul Romanutti who proposed cancellation of slash submitting the <a href="https://kusama.polkassembly.io/motion/295?ref=p2p.org">motion 295</a> and no user funds were affected.----<h3 id="lessons-learnt">Lessons Learnt</h3><ul><li>We should have more resilient monitoring for our nodes and infrastructure</li><li>Follow polkadot-js releases to upgrade libraries on time</li><li>Look closely at network status during runtime upgrades</li></ul><h3 id="what-s-next">What’s Next</h3><ul><li>We are going to work on new infrastructure and improvements for monitoring services that will help us to avoid such cases.</li></ul>

Admin

from p2p validator

Blog

Subscribe to P2P-economy