It has been a little over two years since Near's mainnet launched and a wave of web 3.0 mass adoption started. The network has achieved over 20M accounts, 200M transactions and 800 on-chain projects.
We at P2P have decided to look back at the history of Near and highlight the events that caused the highest on-chain activity. We analyzed the dynamics of the daily number of transactions and new accounts, gathered data on how many likes Near official Twitter account collected and present all of this on a chart. Through our analysis, we spotted 5 big spikes and examined the events that caused them.
On January 10, 2022, Forbes listed Near as the 3rd fastest-growing crypto ecosystem, based on the growth of the number of full-time developers from 2020 to 2021. This tweet became the most-liked in the history of @NEARprotocol (33.7k likes and 2.7k retweets). As of today, Near is still in the top 4 by weekly active developers.
Shortly after, Near raised $150 million, supported by crypto-native funds including Mechanism Capital, Dragonfly Capital, a16z, Jump, Zee Prime, FoliuBN s, Amber Group, 6th Man Ventures, Circle Ventures, and MetaWeb Ventures.
“With multichain interoperability of Rainbow Bridge, Aurora (EVM), Octopus (Substrate), and NEAR native’s Nightshade sharding technology, NEAR is best suited for empowering blockchain applications for mainstream adoption,” said Amos Zhang, founder of MetaWeb Ventures.
Taking into consideration that only $65.9M were previously raised, such a massive investment led to a surge in interest in Near and the second-largest spike in the number of transactions and accounts was registered (up to 1.8M transactions and 0.6M new accounts a day).
From March 15 to March 21, the Near network reached over 1M transactions and 270k accounts. During this time the Network achieved over 4 million total accounts and was equipped with strong developer tools attracting more and more enthusiasts to build their project.
One such project was NEARApss - an NFT platform that provided a convenient way to create and share digital art. On 20th March it generated over 500k transactions but shortly after became inactive.
The second most popular dApp back then which generated over 39k transactions/day was NEAR Crowd. It is a service that allows people to earn NEAR by completing small tasks like describing an image, writing an article or transcribing short audio clips, which are usually aimed at training machine learning algorithms. To ensure tasks are completed properly, some people are paid to verify that tasks were completed accurately. To keep these workers vigilant, honeypots exist. Honeypots are tasks that are intentionally completed with mistakes.
For small tasks, the price varies from 0.1 to 1 NEAR while more significant tasks could pay up to 5 NEAR. Working 2-3h a day could generate a 400-800$ income per month.
In April 2022 Sweatcoin announced a partnership with Near. On May 4th Sweatcoin airdrop generated over 0.5M transactions which made the network exceed 1.2M daily transactions.
Sweatcoin is a free app that rewards users’ daily steps with a native token SWEAT. It’s the #1 app in over 60 countries and has 120M+ accounts.
Right now you can earn 1 SWEAT - which is around 0.02$ - for every 1 000 steps. However, tokens get increasingly more difficult to mint as time passes. This means that over time it will require increasingly more steps to gain SWEAT. It is also only possible to mint SWEAT for the first 5000 steps done each day, the subsequent 5000 will reward you with Sweatcoin - a token that can not be traded and is only used for rewards in the Sweatcoin shop.
On August 22, we witnessed the largest spike in transactions in Near history. Over 2M transactions and more than 75% came from one account named “pizzamaker.near”.
No one knows for sure what was the real purpose behind those transactions. We analyzed the behaviour of this account and noticed that most of the transactions were related to Ref Finance and Jumbo, the biggest exchange platforms on Near. He was active from February 2022 and on average sends around 2k transactions per day. However, on August 20 and 21 this account made 1.2M and 1.6M transactions respectively and paid over $15k in fees. Taking everything into consideration, we assume that this is an arbitrage bot that was misconfigured at that point in time.
On September 11, the Near foundation held the incredible Nearcon event. It took place in Lisbon and had 3 giant stages and over 220 speakers. Big announcements were expected at this conference and it attracted more than 100k new users every day which fueled the network with more than 1M transactions per day.
Here’s a highlight of the most notable announcements:
Nightshade Sharding Phase 1 launch - an important mechanism that helps scale the network and keep transaction fees low.
Javascript SDK release - a collection of software development tools, that made it possible to write smart contracts in JavaScript, by far one of the most popular programming languages. The Near network and web3.0 apps became accessible to 12 million JS developers.
USDT release - USDT is a popular stablecoin and it was announced to be launching on Near.
NDC introduction - a community-driven initiative to empower ecosystem-wide decentralization through transparent governance, on-chain decision-making and treasury management.
For the past 2 years, Near has seen a lot of activity and growth. There’s still a lot more to come and at P2P we are excited to be part of this journey.
To support the community and celebrate NEAR, we are offering a 0% fee on Near staking until the end of 2022. Visit p2p.org/near for more details.
P2P Validator is a world-leading staking provider with the best industry security practices and proven expertise. We provide comprehensive due diligence on digital assets and offer only top-notch staking opportunities. At the time of the latest update, more than 1,5 billion USD is staked with P2P Validator by over 25,000 delegators across 25+ networks.
Product Manager at p2p.org
<p>Hi there!</p><p>My name is Anna, I have recently joined the P2P.org team as Senior Talent Acquisition. Maybe we've already met :)</p><p>Since blockchain and staking are new to me, I faced the challenge of having to dive deep into the cryptocurrency world.</p><p>Was I scared of doing it? Not at all :)</p><p>First of all, I have experience in changing industries as I'm sure most of you have also done without too much difficulty, but more importantly, I fell in love with the team.</p><p>Their professionalism, drive and support naturally fill you up and a few months later I can confidently say that the P2P.org team is a super-power. It’s not just the team that inspires you but also the tasks.</p><p>So let's talk about everything in order :)</p><p>I was first determined to learn more about the Product Manager role.</p><p>My main idea was to interview (You are surely shocked to hear about interviews from a recruiter) our internal employees, Product Managers mostly.</p><p>So I prepared a list of questions and booked some calls.</p><!--kg-card-begin: html--><p align="center"> <img src="https://lh3.googleusercontent.com/MenSarOh4iCrUEZD7v2uYYpMQ0RrioI_pCsYVli-gT6FfbOOJINK2prOEZ8iWeuJYQsAQoHs2dmfgv2OZgSnfmf0-TXkLbCx9a4W__myHyd627jfJ9S811jG3Ilrf4LqsUDh0bVRYeie080dAFFXmSzAsBhaAF3qNkIC7hFh_7o1-NZsyu2HsLbEKu16PA"> </p><!--kg-card-end: html--><p>The first question was devoted to the market perspective.</p><p>Our team believes in the power of decentralised finance, a system that is supposed to be fair to everyone. It all seems like a dream, doesn’t it?</p><p>And despite recent events, the crypto market has not stopped its development, despite minor setbacks, it is still growing more and more.</p><!--kg-card-begin: html--><p align="center"> <img src="https://lh5.googleusercontent.com/F2c5PQVHiBAm6XZn8uZQ-s5FWvv2Psh69TQY6PRSXC5czh6up_NgsjZCDZVDWpF3tACEeLdYHP1VHYHQW8MHrV0OHKRedz7mv_YI3xUmlE4jmQQkh4kZDwE0HKWEOk3jv_1Nsd87ztOcMq7jbGa-hWwQfekGFQOvBgX03aALJk8l7feVMFcPzdB5pEJ-1Q"> </p><!--kg-card-end: html--><p>The next question that made me curious was about the product itself and how we can describe it, in simple terms, to people outside the crypto community.</p><p>In general, all respondents mentioned that “staking is an analogue to a bank deposit”. The most intriguing fact here is that staking is a low-risk and secure product, so the client is only exposed to price fluctuations of the currency, but not staked funds.</p><p>Furthermore, our CPO was kind enough to expand my knowledge and tell me about the different products for each of our target audiences:</p><ol><li>We provide blockchain foundation teams with infrastructure and services for faster product development.</li><li>We provide investors with a single entry point to all blockchains.</li><li>We provide developers with access to blockchain data.</li></ol><p>Yep, we are that cool :)</p><p>And what is more, we have big plans in terms of our future development. Stay tuned :)</p><p>A vital aspect to mention is our success. What made our product successful?</p><p>Everyone (including me) highlights our team of amazing experts who are dedicated to the idea. At P2P.org creativity is encouraged, a positive atmosphere is fostered and high-quality standards of work are established. We do not hesitate to say that we have unique expertise in the market.</p><p>We are really open and we try to support all the members of the crypto community and help our customers (I also mean a consultant-based approach). </p><!--kg-card-begin: html--><p align="center"> <img src="https://lh4.googleusercontent.com/wYUuCkMqjKZWOHqBXDO-5rRWY3ugGk75WLz7TmtGhbzXXCzs3KECGH5rE7btWEugzyv-0JD7K8nebbaTQQzMjBAXb4hsf9Yikt27hpIvCTmwmAezzjJb7ayIXQe1p9mbh9umKCYOClMNJbN1g4SQt5PgUb3qsUR1hqTCgrcAcqGFvhmVqSV7oFrePtdPmA"> </p><!--kg-card-end: html--><p>The next question that logically follows from the previous one is "why do customers choose P2P.org?"</p><p>All of my colleagues agreed that P2P is a powerful brand with a good reputation, and over the years we have developed a good network. We try to provide the best conditions for our customers. We're also big tech geeks, with a keen interest in developing cool new tech, which further increases the confidence in our brand.</p><p>I found an expression that one of our product managers came up with extremely appropriate: he said that “we are the hipsters of the market” because of our openness and willingness to help :) We are notable in the community, including our founder - Konstantin Lomashuk. He was also mentioned a lot during my conversations with colleagues as the person whose vision they trust and I'm not surprised at all, I’ve listened to Konstatin’s story.</p><p>In particular, I would like to emphasise that the key value that P2P.org delivers to the market is our reliability.</p><p>We are participating in a new stage of development of web 3.0, and we believe that we can build a world with more accessible financial instruments.</p><p>P2P is ready to share its expertise, we definitely do an excellent job as a validator, we have become established validators in a lot of blockchain networks, so we have a broad outlook, and have accumulated a large set of knowledge and tools.</p><p>I know what you’re thinking now - WOW!</p><!--kg-card-begin: html--><p align="center"> <img src="https://lh5.googleusercontent.com/d8dzjXzU-UIR3UU6_-URFbysN580ifL0Dj4rOFOZsST9P-dR_DKIIVcnc0SW9g1KUmQOKwSTMmISyXQkRuvYU6jSxXi4TCAaRgBn5aIPjWfTN2IfA0Jhbrcn6TbPqcMeblNGDAQKYsLUY7lZHoDYLDHXKWQuP8YAMBMI4_JWTCZQ6q7SH0_a9KoQ9t-p6Q"> </p><!--kg-card-end: html--><p>Let’s move on to the Product Manager (PM) role.</p><p>In our company PM is an extremely autonomous role. We see this kind of employee as the CEO of the product. However, as you might know from the famous saying: “With great power comes great responsibility” :)</p><p>There are very general KPIs a PM has to complete and there is the possibility to do it your own way. Our position is amazing for anybody that is tired of being constrained by bureaucratic procedures in corporations (usually), but instead wants to express themselves, experiment and find new ways to develop the product. On one hand, a PM is an entrepreneur, on the other, a PM can be considered an engineer (because there should be a technical background to understand the infrastructure).</p><p>Actually, the PM here is a superstar, the most “rock‘n’roll” position :)</p><p>So what is expected from the PM?</p><p>We’re looking for energetic doers, who can lead the team, we expect the PM to be the face of the company in the chosen ecosystem.</p><p>Sounds like a dream, doesn’t it?</p><!--kg-card-begin: html--><p align="center"> <img src="https://lh6.googleusercontent.com/H-k03pXy8TxoZkSr9z4opDubyChCuFUkH9voJ-cYREPMLEcjGzjf6EsOi6Seu23RQ0mhqTxdzDdRQfvzdLKKGHGgJnRDpm--ZVp7VPYE8zHqseKnsjuIhUh-eFHp2JqRIbdYmvKWWbQj38nn-X2PqrXLXQDaZqd1GdCMJE3Ze46gn0QHmCuYMoVRjZ5DYA"> </p><!--kg-card-end: html--><p>It would be unfair on my part to only tell you about the good things and keep silent about the challenges we have to face.</p><p>One of the biggest obstacles you need to overcome is to understand what is happening in the industry, understand how the exact result turned out and then keep the information up-to-date (it takes a load of time).</p><p>At the same time, my colleagues also mentioned as a big task the process of going deep into blockchain (and more specifically in the chosen ecosystem, which can all be very different from each other) and building relationships with professionals and developers, when you are a new person in the market.</p><p>In addition, all blockchain networks vary from each other (as I hinted at before). Each of them has its own economy and technology, and every single time we are searching for a solution on how to perform successfully in each particular case.</p><p>Moreover, it is laborious to collect good-quality data on what generally happens in blockchains as there is no unified solution.</p><p>The difficulties mentioned above can result in a loss of focus so obviously, it’s tough to concentrate and sometimes there is a lack of time for self-development. </p><p>If we speak about the company in general, of course, we have had dramatically rapid growth and that’s why our main task, for now, is establishing processes.</p><p>As you see, we are working hard to address all the challenges :)</p><!--kg-card-begin: html--><p align="center"> <img src="https://lh3.googleusercontent.com/CJpeWxhGyPoVznOmzX2iYEIFBANJH1q_rUZttCaOK0ZLqc1wPWreNMhthKVIJNyixsjlcbyybw2mpBJ6qX3Ag-3e1fojZ9C_LNLN8IUjFPOT3AFF06Gr3B0JPnlkNHGiTln37voPtrlxxOQnfa8vxXSn-2beyPDAH_9X1TTlaJ3qIl9JzwuoYHQyiXjfdw"> </p><!--kg-card-end: html--><p>My last question was “Why are you here?”. Such an intriguing question, many of the respondents smiled at that moment :)</p><p>Part of the answers are devoted to Konstantin. His drive and vision captures everyone! As a founder, he has an understandable value system, which is easy to live with, because it does not deceive people, both externally (customers) and internally (employees).</p><p>Undoubtedly, plenty of answers were about the idea of a prospective market and accessible financial instruments for people. Also, that crypto is an industry filled with innovations.</p><p>And finally, we’ve come to our superpower, our team :) Everyone (can you imagine?) emphasised that here at P2P, we have a team of experts, with their own unique approach and ownership culture. Together we gain experience and make dreams come true!</p><p>Evidently, at P2P, there are a lot of possibilities for self-realisation. </p><p>After all of the above, I can only say that there are even more victories and achievements ahead of us because we have the most important component of success. Yes, you’ve got it, it's our team.</p><p>I hope you enjoyed your time here with me :)</p><p>-Anna Sukhodolskaya</p><hr><h3 id="about-p2p"><strong>About P2P</strong></h3><p><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 on digital assets and offer only top-notch staking opportunities. At the time of the latest update, <strong><strong>more than 1,5 billion USD is staked with P2P Validator by over 25,000 delegators across 25+ networks.</strong></strong> </p>
from p2p validator
<p>Staking will be a major breakthrough for Chainlink and the community from a number of different perspectives. Let us uncover how you put your LINK tokens to use and get rewards for helping Chainlink secure DeFi and the larger Web3 ecosystem.</p><h2 id="chainlink-recap"><strong>Chainlink recap</strong></h2><p>As you know, Chainlink is the industry standard oracle network that has enabled over $6.4 trillion in transaction value across Ethereum, Polygon, Solana, and 12 other blockchain networks, at the time of writing. They do so by providing highly available and accurate on-chain market data, for hundreds of data feeds. When you use a DeFi application on Ethereum, it is highly likely that it leverages Chainlink Data Feeds to get the latest token prices in order to execute a lending, swap, or any other smart contract.</p><p>The Chainlink Network achieves decentralization and security in two ways:</p><ul><li>A node operator uses multiple data APIs to get price updates, so that if one of them fails, the others still can provide accurate information;</li><li>Multiple node operators handle the same price feed, so that if a few of them fail to provide an accurate data update, the reported price can still be relied upon.</li></ul><p>The value in this approach to decentralization has been shown time and again during periods of extreme market volatility, when Chainlink’s multiple layers of decentralization and defence-in-depth design help mitigate the risk of market manipulation, oracle attacks, and other exploits.</p><p>P2P has been operating on Chainlink for the last two years and <strong>supports </strong>price feeds and <strong>automation </strong>for Ethereum, Solana, Moonriver, Fantom, Harmony, and Avalanche.</p><h2 id="why-implement-staking-now"><strong>Why implement staking now?</strong></h2><p>As the total value secured by Chainlink oracle networks grows, the reward for a hypothetical attack increases, hence a need for increased cryptoeconomic security that maximizes the cost of attack for malicious actors. As of now, the node operators are sufficiently decentralized and perform well enough so that further improvements in this area only provide marginal gains. Staking however, can drive way more significant security improvements via new incentives for the node operators and token holders.</p><h3 id="how-staking-is-going-to-work">How staking is going to work</h3><p>Node operators and the broader Chainlink community will be able to stake their LINK via node operators and get rewards for helping enhance the cryptoeconomic security of the network. Providing accurate and timely feed updates is necessary for the node operators to actually receive those rewards and in order to enforce the best data quality.</p><p>In the early-stage beta implementation of Chainlink Staking, v0.1, stakers will have the opportunity to monitor the feed, raise an alert, and get rewarded if they successfully detect in a timely manner that the ETH/USD feed has not met certain performance requirements. In v0.1, alerting conditions will be focused on feed uptime but will expand in scope in later versions.</p><p>The Chainlink Staking design is quite complex, so its elements are going to be brought forward step by step.</p><h2 id="who-can-stake-during-early-access"><strong>Who can stake during Early Access</strong></h2><p>According to a Chainlink <a href="https://blog.chain.link/chainlink-staking-early-access-eligibility-app/?ref=p2p.org">blog</a> post, there are 3 criteria for participating in the Chainlink Staking v0.1 Early Access which will launch on mainnet in December 2022:</p><!--kg-card-begin: html--><table style="border:none;border-collapse:collapse;"><colgroup><col width="132"><col width="700"></colgroup><tbody><tr style="height:0pt"><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><p dir="ltr" style="line-height:1.2;margin-top:0pt;margin-bottom:0pt;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Criteria</span></p></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><p dir="ltr" style="line-height:1.2;margin-top:0pt;margin-bottom:0pt;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Details</span></p></td></tr><tr style="height:0pt"><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><p dir="ltr" style="line-height:1.2;margin-top:0pt;margin-bottom:0pt;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Hodler</span></p></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><p dir="ltr" style="line-height:1.2;margin-top:0pt;margin-bottom:0pt;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Token holders who fall into either category:</span></p><ol style="margin-top:0;margin-bottom:0;padding-inline-start:48px;"><li dir="ltr" style="list-style-type:decimal;font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;" aria-level="1"><p dir="ltr" style="line-height:1.2;margin-top:0pt;margin-bottom:0pt;" role="presentation"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Held more than 7 LINK on the Ethereum Mainnet for at least 50% of the time between May 30, 2019 and June 7, 2022.</span></p></li><li dir="ltr" style="list-style-type:decimal;font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;" aria-level="1"><p dir="ltr" style="line-height:1.2;margin-top:0pt;margin-bottom:0pt;" role="presentation"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Held more than 7 LINK on the Ethereum Mainnet for at least 90% of the time between August 5, 2021 and June 7, 2022.</span></p></li></ol></td></tr><tr style="height:0pt"><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><p dir="ltr" style="line-height:1.2;margin-top:0pt;margin-bottom:0pt;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Builder</span></p></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><p dir="ltr" style="line-height:1.2;margin-top:0pt;margin-bottom:0pt;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Participating teams in any Chainlink-hosted hackathon from Fall 2020 to Spring 2022. </span></p></td></tr><tr style="height:0pt"><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><p dir="ltr" style="line-height:1.2;margin-top:0pt;margin-bottom:0pt;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Educator</span></p></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><p dir="ltr" style="line-height:1.2;margin-top:0pt;margin-bottom:0pt;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Chainlink Advocates, Developer Experts, and others who have demonstrably hosted or spoken at Chainlink meetups about the Chainlink Network or Chainlink Ecosystem.</span></p></td></tr></tbody></table><!--kg-card-end: html--><p></p><p>You can use the <a href="https://staking.chain.link/?ref=p2p.org">Early Access Eligibility App</a> to check their eligibility for potential priority access staking in Staking v0.1.</p><h2 id="roadmap"><strong>Roadmap</strong></h2><p>As we discussed previously. The primary goal of Chainlink is to increase the security behind the infrastructure that supports DeFi. As outlined in a<a href="https://blog.chain.link/chainlink-staking-roadmap/?ref=p2p.org"> blog</a> post, Chainlink Staking is being designed with four long-term goals in mind:</p><ol><li>Increase the security and user assurances of Chainlink oracle services;</li><li>Enable a more direct community participation in the Chainlink Network and its security;</li><li>Generate sustainable rewards from real use cases;</li><li>Empower node operators to access higher-value jobs by staking.</li></ol><p>Like previous Chainlink updates the implementation of LINK staking is being done gradually. While the initial focus will be on building a reputation framework and staker alerting system, the second stage will look to implement slashing to further boost security and user fees as rewards. Last but not least, loss protection is being studied to help protect participants when an oracle network deviates from its service-level agreement.</p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/9L51EIVEys0m61Qv2piTcYCpMmVA4bhUvVnQYbSzw7TyHNLGn_vZ7qP4vJQ4IzBFnRTR0R-3peKdmNwAfYhNsvSzaaxl1xZOPK9g40jOjIbBK6qW6-LMXJh_E0y9-FqnDr2bGZkeV0Kph_4cwpeYXXVVvH36thLJJ5cDdHadX0sSvhaZjMh8Miecxw" class="kg-image" alt loading="lazy"></figure><p>The first version of staking is expected to go live by the end of 2022. Stay tuned!</p><h2 id="whats-next"><strong>What's next</strong></h2><p>At P2P, we are watching closely as LINK staking gets close to launch, and will post updates on this topic here in the blog as soon as more details are found. We are also exploring what kind of tools we can bring forward to help the community. So watch this space, much more to come in the near future!</p><p><a href="https://staking.chain.link/?ref=p2p.org">Check your eligibility for Early Access to Chainlink Staking v0.1</a>. </p><p>Contacts us if you are interested in staking LINK:</p><p>Email : <a href="mailto:[email protected]" rel="noopener noreferrer">[email protected]</a></p><p>Telegram: <a href="https://t.me/P2Pstaking?ref=p2p.org">P2Pstaking</a></p><p>Twitter: <a href="https://twitter.com/P2Pvalidator?ref=p2p.org">@P2Pvalidator</a></p><hr><h3 id="about-p2p"><strong><strong><strong>About P2P</strong></strong></strong></h3><p><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 on digital assets and offer only top-notch staking opportunities. At the time of the latest update, <strong><strong>more than 1,5 billion USD is staked with P2P Validator by over 25,000 delegators across 25+ networks.</strong></strong> </p>
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