Alex Bond

Research & Analytics at p2p.org.

36 posts
Near Near Protocol (NEAR) Staking Guide

<p><em>The following guide walks you through the process of NEAR staking. This guide is for those who already have a funded NEAR account. If you don’t, go to </em><a href="https://wallet.near.org/"><em>wallet.near.org</em></a><em>  to set up an account.</em></p><hr><p>Near Protocol (NEAR) is an open-source platform which is designed to build and empower decentralised applications. NEAR token holders can stake their tokens to earn up to 11% APY. </p><p>1. Import your account from <a href="https://wallet.near.org/"><em>wallet.near.org/</em></a> and access it. If you use ledger make sure that firmware and NEAR application is up to date.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/02/1import-existing-one.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/02/1import-existing-one.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2021/02/1import-existing-one.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2021/02/1import-existing-one.PNG 1600w, https://economy.p2p.org/content/images/2021/02/1import-existing-one.PNG 1896w" sizes="(min-width: 720px) 720px"></figure><p>2. Navigate to the <em>Staking</em> tab and press <em>Stake My Tokens.</em></p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/02/2Staking-press.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/02/2Staking-press.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2021/02/2Staking-press.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2021/02/2Staking-press.PNG 1600w, https://economy.p2p.org/content/images/2021/02/2Staking-press.PNG 1895w" sizes="(min-width: 720px) 720px"></figure><p>3. Look for a validator you wish to stake with or simply type its name in the search bar.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/02/3type-p2p.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/02/3type-p2p.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2021/02/3type-p2p.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2021/02/3type-p2p.PNG 1600w, https://economy.p2p.org/content/images/2021/02/3type-p2p.PNG 1895w" sizes="(min-width: 720px) 720px"></figure><p>4. Press on <em>Stake With Validator.</em></p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/02/4press-stake-with-p2p.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/02/4press-stake-with-p2p.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2021/02/4press-stake-with-p2p.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2021/02/4press-stake-with-p2p.PNG 1600w, https://economy.p2p.org/content/images/2021/02/4press-stake-with-p2p.PNG 1897w" sizes="(min-width: 720px) 720px"></figure><p>5. Specify the amount you wish to stake or click on the <em>Use Max</em> button in case you want to delegate the whole available balance. Scroll down and press <em>Submit Stake</em>.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/02/5use-max_scroll-down-and-submit.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/02/5use-max_scroll-down-and-submit.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2021/02/5use-max_scroll-down-and-submit.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2021/02/5use-max_scroll-down-and-submit.PNG 1600w, https://economy.p2p.org/content/images/2021/02/5use-max_scroll-down-and-submit.PNG 1893w" sizes="(min-width: 720px) 720px"></figure><p>6. Confirm staking in the new window.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/02/6Confirm-staking.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/02/6Confirm-staking.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2021/02/6Confirm-staking.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2021/02/6Confirm-staking.PNG 1600w, https://economy.p2p.org/content/images/2021/02/6Confirm-staking.PNG 1892w" sizes="(min-width: 720px) 720px"></figure><p>7. Approve the transaction on your hardware wallet if you use Ledger. You will be asked to authorize two transactions.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/02/7confirm-with-a-ledger.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/02/7confirm-with-a-ledger.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2021/02/7confirm-with-a-ledger.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2021/02/7confirm-with-a-ledger.PNG 1600w, https://economy.p2p.org/content/images/2021/02/7confirm-with-a-ledger.PNG 1893w" sizes="(min-width: 720px) 720px"></figure><p>8. If everything is fine you will see a <em>Success</em> window. Your stake will start generating rewards from the next epoch (~12-14h). Those rewards are automatically added to the active stake. To <em>claim rewards or change a validator</em> you will need to <em>undelegate and wait for 36-52h</em> before withdrawing.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/02/8Success.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/02/8Success.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2021/02/8Success.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2021/02/8Success.PNG 1600w, https://economy.p2p.org/content/images/2021/02/8Success.PNG 1896w" sizes="(min-width: 720px) 720px"></figure><hr><p><em>If you have any questions, feel free to ask in our </em><a href="https://t.me/P2Pstaking"><em>Telegram chat</em></a><em>, we are always open for communication.</em></p><hr><h2 id="about-p2p-validator">About P2P Validator</h2><p>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. <strong>At the time of publishing, more than one billion of USD value is staked with P2P Validator by over 6000 delegators across 15+ networks</strong>. Our infrastructure is under advanced monitoring with alerts and 24/7 technical support making it the best choice for institutional investors.</p><hr><p><em><strong>Web</strong></em>: <a href="https://p2p.org">p2p.org</a><br><em><strong>Stake NEAR with us</strong></em>: <a href="https://p2p.org/near">p2p.org/near</a><br><strong><em>Twitter</em></strong>: <a href="https://twitter.com/P2Pvalidator">@p2pvalidator</a><br><em><strong>Telegram</strong></em>: <a href="https://t.me/P2Pstaking">t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

Solana Solana Inflation and Staking Rewards

<p><em>This post will outline incentives for Solana token holders to stake SOL and earn rewards by securing the network.</em></p><p><strong>To stake your SOL and earn rewards use our simple <a href="https://economy.p2p.org/stake-sol-solana-with-solflare-wallet-and-ledger/">step-by-step guide</a> for staking with Solflare Wallet and Ledger Nano S/X.</strong></p><p>Inflation has been enabled in <a href="https://p2p.org/solana">Solana</a> allowing SOL delegators to earn rewards for contributing to the security and decentralisation of the network. </p><p>We've gathered the most important information related to SOL staking and inflation below. For more details, visit <a href="https://p2p.org/solana">p2p.org/solana</a>. </p><h2 id="solana-inflation">Solana Inflation</h2><p>In order to compensate node operators for state validation and delegators for locking their funds, every epoch (~2-3 days), protocol issues new SOL based on emission rate called inflation. <strong>Every epoch staking rewards are added to the active stake automatically.</strong> Inflation parameter is defined on a protocol level representing annual emission percentage. The exact value of new minted SOL is recalculated every epoch based on the total supply.</p><p>Solana token emission is distributed among validator pools based on their stake weight in the network. Every epoch a special program on Solana calculates the weight of all active stakes and assigns points that are used to proportionally divide SOL rewards among participants for that period.</p><p>A decision about inflation rate value is very important for sustainable network growth. It should incentivize participants to stake, cover costs of operating for validators and at the same time avoid over dilution of network users. <strong>For the first year annual emission will constitute 8%</strong>. In the following years inflation percentage will be decreasing by 15% per year until emission reaches ~1,5%.</p><p>Another revenue source is derived from transaction fees. It is expected to be relatively low for the first years. In current implementation 50% of transaction fees is burned while the rest goes to the current leader who processed the transaction.</p><h2 id="sol-staking-rewards">SOL Staking Rewards</h2><p>With the enabling of Solana inflation, SOL token holders are now able to earn rewards on their staked tokens. </p><ul><li>The Solana <strong>inflation/emission rate</strong> will start at 8% and decrease by 15% annually until it reaches a long-term inflation of 1.5%.</li><li>The <strong>SOL rewards</strong> <strong>are</strong> <strong>distributed</strong> to delegators every epoch, which is approximately ~2 days.</li><li>The <strong>Solana</strong> <strong>warm-up period</strong> - the time taken for your SOL stake to start earning rewards is approximately ~2 days if the amount is less than 25% of staked tokens.</li><li>The <strong>Solana cool-down period</strong> - time for your stake to become liquid after you stop staking is approximately ~2 days if the amount is less than 25% of staked tokens.</li><li>Your staking <strong>rewards are compounded automatically</strong>. </li></ul><p>In the beginning all Solana staking rewards will be distributed to validator pools. In the future, additional percentages from total issuance can be directed to the ecosystem development purposes and archivers, network participants who provide storage service downloading parts of the ledger and providing proof of replication of storing the segments.</p><p>The efficiency of Solana staking from an economic perspective depends on the overall participation. The total issuance is distributed to active delegators. If less than all SOL are staked, delegators will receive higher rewards than initial inflation.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/02/Sol-infl.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/02/Sol-infl.png 600w, https://economy.p2p.org/content/images/2021/02/Sol-infl.png 775w" sizes="(min-width: 720px) 720px"></figure><p>For every epoch (2 days), the annual staking yield can be calculated using the formula:</p><p><em>APY = inflation * archiver_share * foundation_share / staking_ratio</em>, where<br><em>staking_ratio = staked_tokens / total_supply</em></p><p>At time of launch, <em>archiver_share </em>and <em>foundation_share </em>are planned to be set to 0%, so 100% of emission will initially be going to validator pools. <strong>The</strong> f<strong>irst years will be the most attractive for Solana delegators representing an opportunity to increase the network share.</strong></p><p>With the development of staking derivatives it will be possible to generate additional yield on top of staking rewards.</p><hr><p><em>Special thanks to <a href="https://twitter.com/sciencethedata">Eric Williams</a> for valuable additions. Having trouble getting started? Please get in touch with a P2P representative by emailing [email protected] or ask for assistance in our <a href="https://t.me/P2Pstaking">Telegram chat</a>.</em></p><hr><h2 id="about-p2p-validator">About P2P Validator</h2><p>P2P Validator is a world-leading non-custodial staking provider <strong>securing more than one billion USD value from over 5000 delegators across 15+ top-notch networks</strong>. We are early investors in Solana and have supported the network from the first block taking part in all stages of testing and voting.</p><hr><p><em>Web</em>: <a href="https://p2p.org">https://p2p.org</a><br><em>Stake SOL with us</em>: <a href="https://p2p.org/solana">https://p2p.org/solana</a><br><em>Twitter</em>: @p2pvalidator<br><em>Telegram</em>: <a href="https://t.me/P2Pstaking">https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

TheGraph Loss of Epoch Rewards in Graph Network: A Post-mortem

<h2 id="tldr">TLDR</h2><p>Due to an old version of an indexer agent combined with a short-time node desynchronisation, closed allocation resulted in a zero proof of indexing on February 6th 2021. Due to this rewards for the epoch vanished. Lost rewards will be fully compensated by waiving our fee and sharing our own indexing rewards with our delegators. </p><h2 id="what-happened">What happened?</h2><p>An oversight in an upgrade process led to the indexer-agent version being out of date. A minor hiccup in Ethereum node operation coincided with the allocation closing, resulting in the closing of an allocation without a proof of indexing being submitted. Rewards will be fully compensated over the course of 12 days by charging 0% fee and sharing our own indexing rewards. </p><h2 id="what-went-wrong">What went wrong?</h2><p>We provide regular reward stats on a daily/weekly basis for delegators with locked GRT and thus had no monitoring of epoch rewards after closing an allocation. This led to a minor delay in reaction as reports are filled automatically without human intervention. Right after realising that rewards had been lost we set up an internal investigation.</p><p>Additionally was the absence of a well-reviewed upgrade procedure for new indexer releases. The upgrade procedure had no clear standard and checklist of actions to follow. New allocations were opened and no technical mistakes occurred, but existing monitoring that allocation was insufficient. We noticed that monitoring for a subgraph syncing delay had insufficient resolution time-wise so failed to catch a small hiccup in Ethereum node operation.</p><h2 id="what-went-well">What went well?</h2><p>We close and open allocations on a daily basis so we lost only one day of rewards. We collect statistics on stake changes every day and spotted a problem with reward crediting. We also thank our delegators who have noticed the issue and pointed concerns out in our <a href="https://t.me/P2Pstaking">Telegram channel</a>. </p><h2 id="impact-on-clients">Impact on clients</h2><p>All our Graph Network delegators lost one day of indexing rewards. To compensate and mitigate their loss, P2P will waive the fees for 12 days in addition to distributing all the rewards from our own indexer stake for that period. </p><h2 id="lessons-learned">Lessons learned</h2><p>We should have had monitoring for new version releases and checked that software is up to date before taking actions. To avoid such issues in the future we have defined a clear written procedure for upgrades and set monitoring for all necessary releases. This case revealed flaws in our existing monitoring so we have now initiated a deep analysis of all metrics improving it from ground up and adding necessary alerts to support this. </p><p>We have decided to make reviews for all standard operating procedures more rigorous by allocating more engineering time to these activities. Testing and improvement will be continued on the new testnet where we are already set up. All the crucial operations, upgrades and innovations that can potentially lead to a financial loss will be implemented on testnet first.</p><p>P2P takes full responsibility for this 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.</p>

Alex Bond

from p2p validator

Cosmos Stargate and the new beginning of Cosmos

<p>We have voted YES to initiate the Stargate upgrade for the Cosmos Hub. We believe in the potential of the Cosmos ecosystem to grow and that<a href="https://stargate.cosmos.network/"> Stargate</a> opens a new page of ecosystem evolution being a huge step towards the original Internet of Blockchains vision.</p><p>By being an active contributor to the Cosmos ecosystem, P2P has built the dashboard to track delegation history across all the hub versions and claim rewards - a ledger delegation interface to securely stake in three simple steps. We participated in<a href="https://cosmos.network/goz"> Game of Zones</a> to test IBC in action and won the first prize in two phases. Our validator has taken part in a series of<a href="https://github.com/cosmosdevs/stargate#testnet"> testnets</a> since the beginning to prepare.</p><p><a href="https://stargate.cosmos.network/">Stargate</a> is the largest upgrade in the Cosmos ecosystem due date. What does it mean for the Cosmos network?</p><h3 id="road-to-million-blockchains">Road to million blockchains</h3><p>The current state of the ecosystem can be compared to the cities of a country struggling to communicate without capital and financial centers to connect them with each other. With the enablement of<a href="https://github.com/cosmos/ics/blob/master/papers/2020-05/build/paper.pdf"> Inter-Blockchain Communication</a> (IBC) the value can be seamlessly transferred across the ecosystem unleashing the synergetic effect among application-specific blockchains. Cosmos Hub will become the first intermedium to connect them with each other.</p><p><strong>The real long term challenge is to attract more builders and projects to the ecosystem to increase the cumulative value flow within the network.</strong> Notable improvements in performance and migration to<a href="https://medium.com/tendermint/tendermint-0-34-protocol-buffers-and-you-8c40558939ae"> Protobuf</a> blockchains will implement the upgrade to achieve higher throughput to handle the rising transaction volume. The ability to interoperate will bring composability to the ecosystem, with Protobuf it will be much easier for developers using various programming languages to communicate within the ecosystem and create novel applications.</p><p>In synergy with tools like<a href="https://github.com/tendermint/starport"> Starport</a> that allow developers to launch blockchains with a few commands and further coordinate the testnets with validators much faster, we can imagine the emergence of novel use cases and accelerated growth in areas like Decentralized Finance (DeFi) and Collectible economies powered by Non-Fungible Tokens (NFT).</p><h3 id="road-to-stargate-and-ibc">Road to Stargate and IBC</h3><p>Secure connection between blockchains requires trust in validators maintaining the actual state of the network. The Game-of-Stakes attracted and prepared solid staking providers and in March of 2019 Cosmos Hub was successfully launched on mainnet. There were two major upgrades, for the first year the focus was to battle-test staking, on-chain governance and provide a stable functioning network with a strong set of contributors.</p><p>Game of Stakes granted validators experience to be flexible to changing network conditions and on the 1st of May 2020 another incentivized competition called<a href="https://cosmos.network/goz"> Game of Zones</a> was launched to collect valuable data and prepare teams for the release of the IBC module. There were more than 150 participants.</p><p>IBC has been in development since the release of the original Cosmos whitepaper  - ongoing work to prepare and release the first version of the <a href="https://github.com/cosmos/ics/blob/master/spec.pdf">IBC specification</a> that outlines the overall design logic and architectural overview.</p><p>The plan of transition from hub-3 to hub-4 was outlined in the<a href="https://www.mintscan.io/cosmos/proposals/27"> Stargate proposal</a>. It was followed up with a<a href="https://stargate.cosmos.network/"> series of testnets</a> to examine the main features and ensure that the ecosystem participants are prepared for software changes being in line with the upgrade procedure.</p><p>On December 15th the finalized<a href="https://blog.cosmos.network/announcing-the-ibc-1-0-implementation-release-candidate-29f3245d7848"> version 1.0 of the IBC candidate</a> was announced. Multiple teams and contributors were involved in the process of improving, testing and finding bugs.</p><p>And now we have come to the point to finally bring the original vision of interoperability to the Cosmos network.</p><h3 id="what-to-expect-after-the-stargate-upgrade">What to expect after the Stargate upgrade?</h3><p>The rollout will happen in two phases as happened with with the launch of the Cosmos Hub on mainnet. During the first phase cross-chain transfers will be disabled to ensure the network is stable. Activation of the token transfer protocol will happen via on-chain governance. A proposal with parameter changes and timelines will be submitted and if passed we can utilize a fully functioning TCP/IP for blockchains in production.</p><p>With the enablement of the IBC, healthy competition among hubs can drive the development of the whole ecosystem. Novel use cases like liquidity mining over IBC can become a reality. New projects will be able to easily attract validators from the hub and ATOM will play the role of insurance against misbehavior providing strong security guarantees for new projects in the Cosmos network. Another interesting utility is that ATOM might be able to accrue fees in whitelisted tokens.</p><p>The IBC is still in its early days and adoption will take some time. Cosmos has made huge progress in these two years and P2P is proud to be part of it as a validator and contributor from the very beginning of the journey.</p><h3 id="about-p2p-validator">About P2P Validator</h3><p>P2P Validator is a world-leading non-custodial staking provider securing more than $650 million from over 4,500 delegators across 25+ top-notch networks. We are early ATOM investors and Game of Zones winners. P2P has supported Cosmos Hub from the first block taking part in all stages of testing and voting.</p><hr><p><strong>Web:</strong> <a href="https://p2p.org">https://p2p.org</a><br><strong>Stake ATOM with us:</strong> <a href="https://p2p.org/cosmos">https://p2p.org/cosmos</a><br><strong>Twitter:</strong> @p2pvalidator<br><strong>Telegram:</strong> <a href="https://t.me/P2Pstaking">https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

TheGraph The Graph Delegation Guide For Locked GRT

<p><em>If you have participated in private sale of GRT and received email from The Graph team with a vesting contract address this guide will help you to delegate locked tokens.</em></p><ol><li>Go to<a href="https://network.thegraph.com/"> </a><a href="https://remix.ethereum.org/">https://remix.ethereum.org/</a></li><li>Press on a “<em>browser +</em>” symbol</li></ol><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/R0dIgqHs-32c5FRTcmhy3Bqhm-0x_aiuz2TMuGww8eHf5IkfH2K-rzG8IT9SfFN64TZeiFr6oGuxkJbkrBLjIwc9QaNcK8ODUWbayleXAWT-ms-PfgCJDsCW5Cf8UqMXtQmQEVBn" class="kg-image" alt></figure><p>3.  Add a name <em>TokenLock.abi</em></p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/al_4QAWsYDWJPt82NVQ14sDP5nF_HkQwtZTLqmeMkOZPgKOoU9du05ZFGEdj2TgCyyolWDlhLtJ9Ol-Oyatb6pSL3DWArNYzXtpQFWMevYHio9ltQ9z4Y1GJXqelF_b9ijtpXGe2" class="kg-image" alt></figure><p>4.  In a separate browser tab open: <a href="https://gist.githubusercontent.com/abarmat/20ac76441a7f4832ddc7e9a8b6fc2301/raw/3cc959f8233d35852afd81f42eba1fa8dac9f5a2/TokenLockWalletABIRemix.json">https://gist.githubusercontent.com/abarmat/20ac76441a7f4832ddc7e9a8b6fc2301/raw/3cc959f8233d35852afd81f42eba1fa8dac9f5a2/TokenLockWalletABIRemix.json</a><br>Copy the whole code and paste it in the <em>TokenLock.abi</em> that you have created in the previous step</p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/JVNktjogZZ-Rez2_5t3qbaLtUduetWNY1JmaAFAdjfd44YnRrIgZ6GKxsjz870NLasKtCVjObj9NJqjYPRXcIc1eIhmHkxPwVZBGZvmqO9eEWenkBGF2Yis6FSTYGijq1jD6bYza" class="kg-image" alt></figure><p>5.  Press on a <em>Deploy &amp; Run a Transaction</em> button</p><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/cNdKvmMPeZ_iAAJqsRQlDGiEjXnPuXMoSiYpJNgForBl0kNrwfJsoydwTgjjkaOc6cK-Gsd63BlXL5sPgIPssuoeU4vTdnYnp_7Mjrm91ZWDHAGVxDsyPgstcNfqwikGPSqermFp" class="kg-image" alt></figure><p>6.  In the <em>Environment</em> drop-down field select <em>Injected Web3. </em>It should cause automatic connection to MetaMask extension</p><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/jXoXqtUWd2Wc20yKZToqCBumxLJmoUGmNufRPn4W_Isu2F9fosV4LYTaOyqzAj1m_E7DidgtJD1lPItlbi8m5SkeQUGkjRMsJHpeNXaL4Am9tRppwS7-fwEEuekJ5KaqJrQHed-3" class="kg-image" alt></figure><p>7.  Paste vesting contract address from email that was sent by The Graph team. Press <em>At Address</em></p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/TVCJOSfer3NfjH9txEIg5jGDrJvaAMHkBQesuEcloRDLPL2W1uVG1IWDqGpObRXZUGKbfvZ3DNpF62aft4k_pcLXKqQA1mVWGp6a5I5ifonqcDKj2dT2PRmMm4EnWj-NXZrJDtex" class="kg-image" alt></figure><p>8.  Click on a <em>Deploy Contract arrow</em> to expand the drop-down menu</p><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/BxV18U5PUuikOFP-U3N_Pkpx6dEr552c2dqKcHf9ebP4uA5DcuMNRRSjCwnTHqOm2aafkKJnnjHEw-ndiUZl4SwPH4QpgSLm0Pu0H0gFfw8exDsYZyCaomDuvOuVt4MXEB410SKF" class="kg-image" alt></figure><p>9.  Click on <em>currentBalance</em> to check if it matches with the one from the email. If balance is correct press <em>approveProtocol. </em><strong><em>C</em>onfirm the transaction</strong></p><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/coyF3BSuofW8efgvr8lkB9L_5xAjhJeusvit-FjyLZxbZvqis-f73f0aoRjO3syB62G9koW2JPSJARxPeJOHr5wB51ZJA5lXSGT6e73RforKeIp0BK4pxph0DL6ancPyk-fQTRmi" class="kg-image" alt></figure><p>10.  Copy the balance to proceed with delegation</p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/9t8Lm9LHLThfgDdKd16g4CNsyXx5OKShCKYThvZZB63m1y6MEMd9qjU8gzMuRsT4UbpL_l2s9EPiGwU5TqR3aySvr9Oma0zV-TLy5QWIrnr9KthDMYok3VS7Pl8UtmYHvWqOzT9F" class="kg-image" alt></figure><p>11.  Press on the <em>Delegate</em> <em>arrow</em> to expand the section</p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/NKXvNbArlEBrPPlfaN0070G1KT0zEGNFCLnNAVTHUmd833CSOnjEQs18zoJvnneAxXpu-K0q02NwDlRJYDVhU6RhbcqMJyk_7aC0GapwBdyJ1Safe7Wk0wfmfZwkY5soQQTbltbj" class="kg-image" alt></figure><p>12.  Paste the balance you copied to the <em>tokens </em>field. <strong>P2P has two indexers</strong> available for delegation:<br><br><strong>a) </strong>Indexer address: <strong>0x5a8904be09625965d9aec4bffd30d853438a053e</strong><br>Max capacity:<strong> 533M GRT</strong><br>Fee:<strong> 8% </strong><br><br><strong>b)</strong> Indexer address: <strong>0xf4a097ce3a4efbd1748b2ef2076813961e4e6fa7</strong><br>Max capacity:<strong> 17M GRT</strong><br>Fee:<strong> 8%</strong></p><p>Paste the chosen indexer address in the <em>indexer </em>field and press <em>transact </em>button. Confirm the transaction. You will be required to pay 0,5% GRT deposit tax</p><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/5YkXxRZbCoovWL51VKKX8nfO4TNImtGpPzKbT32VedjWYi7qvAz7HFtye3yZnUycJhhMlhcgENCt-I2KOHxN50XGp0bVEyF-NHnq-TAbK5Ubxypf4tRwPjDES_KKXFKB0SGJlmxZ" class="kg-image" alt></figure><p>Rewards are automatically added to staked deposit and paid when indexer closes allocation. There is no slashing for delegators. Unbonding period lasts 28 days.</p><hr><p><em>If you have any questions, contact @Aleksei_W in Telegram or via email [email protected]</em></p><hr><h2 id="about-p2p-validator">About P2P Validator</h2><p>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 publishing, more than 350 million of USD value is staked with P2P Validator by over 4000 delegators across 15+ networks. We are early The Graph investors who participated in testnet from the day one with a goal to provide long term support for the ecosystem. We operate the biggest indexer globally with highest own stake of 33M GRT and available capacity of &gt; 500M GRT making it ideal choice for large GRT holders.</p><hr><ul><li><strong>Web:</strong><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=flow_annoncement"> https://p2p.org</a></li><li><strong>Twitter:</strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></li><li><strong>Telegram:</strong><a href="https://t.me/P2Pstaking"><strong> </strong>https://t.me/P2Pstaking</a></li></ul>

Alex Bond

from p2p validator

TheGraph The Graph Delegation Guide For Locked & Unlocked GRT

<p><em>Use this simple step-by-step guide to delegate either locked and unlocked GRT to receive a share of staking rewards. If your funds are managed by multi-sig you may contact directly @Aleksei_W in telegram or via email [email protected] for personal assistance.</em></p><ol><li>Go to<a href="https://network.thegraph.com/"> https://network.thegraph.com</a>.</li><li>Connect your wallet using MetaMask.</li></ol><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/02/connect-wallet.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/02/connect-wallet.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2021/02/connect-wallet.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2021/02/connect-wallet.PNG 1600w, https://economy.p2p.org/content/images/2021/02/connect-wallet.PNG 1902w" sizes="(min-width: 720px) 720px"></figure><p>If you have tokens locked with a vesting contract press an arrow and navigate to in in the UI. If your GRT are not vested, skip this step.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/02/--------------2021-02-03---20.07.05.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/02/--------------2021-02-03---20.07.05.png 600w, https://economy.p2p.org/content/images/size/w1000/2021/02/--------------2021-02-03---20.07.05.png 1000w, https://economy.p2p.org/content/images/size/w1600/2021/02/--------------2021-02-03---20.07.05.png 1600w, https://economy.p2p.org/content/images/size/w2400/2021/02/--------------2021-02-03---20.07.05.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>3.  Choose an indexer. P2P has launched two indexers. Select our indexer <strong>0x5a89</strong> from the list in the beginning or paste <strong>0xf4a0 </strong>in the search field to select the second one. <br><br><strong>a) </strong>Indexer address: <strong>0x5a8904be09625965d9aec4bffd30d853438a053e</strong><br>Max capacity:<strong> 600M GRT</strong><br>Fee:<strong> 8% </strong><br><br><strong>b)</strong> Indexer address: <strong>0xf4a097ce3a4efbd1748b2ef2076813961e4e6fa7</strong><br>Max capacity:<strong> 17M GRT</strong><br>Fee:<strong> 8%</strong><br><br>Press on the blue button to proceed and select <strong>Delegate.</strong></p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/scroll-down.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/scroll-down.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/scroll-down.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/scroll-down.PNG 1600w, https://economy.p2p.org/content/images/2020/12/scroll-down.PNG 1903w" sizes="(min-width: 720px) 720px"></figure><p>4. In the opened window specify the amount you wish to delegate. Press <strong>Submit Transaction</strong>. You will be required to pay 0.5% GRT deposit tax.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/input-amount-1.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/input-amount-1.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/input-amount-1.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/input-amount-1.PNG 1600w, https://economy.p2p.org/content/images/2020/12/input-amount-1.PNG 1893w" sizes="(min-width: 720px) 720px"></figure><p>5. Approve the transaction using MetaMask. First, allow interaction with your wallet and second, confirm the delegation. You will need to have some ETH to pay the transaction fee.</p><p>6. After a successful confirmation you can observe information about your delegation by pressing on your account in the right top corner</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/my-wallet.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/my-wallet.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/my-wallet.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/my-wallet.PNG 1600w, https://economy.p2p.org/content/images/2020/12/my-wallet.PNG 1908w" sizes="(min-width: 720px) 720px"></figure><p>7.  Rewards are automatically added to staked deposit and paid when the indexer closes allocation. There is no slashing for delegators on The Graph. </p><p>The Graph GRT unbonding period lasts 28 days.</p><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/LnKQ69DE9wFPNdY53-Liog91UcZZyU0MmTgNkmwFEAlYrvoHxw1EdqYVtyMGsC_RAj2KQVlth7S14HD5_erh0DE9fUwLNZeXduXgIeTqMVbYM3H5y0TLT3-IShUtPMytallp0mIY" class="kg-image" alt></figure><hr><p><em>If you have any questions, feel free to ask in our <a href="https://t.me/P2Pstaking">Telegram chat</a> on contact Alex via email [email protected]</em></p><hr><h2 id="about-p2p-validator">About P2P Validator</h2><p>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 publishing, more than 1 billion of USD value is staked with P2P Validator by over 4000 delegators across 15+ networks. We are early The Graph investors who participated in testnet from the day one with a goal to provide long term support for the ecosystem. We operate the biggest indexer globally with highest own stake of 33M GRT and available capacity of &gt; 500M GRT making it ideal choice for large GRT holders.</p><hr><ul><li><strong>Web:</strong><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=flow_annoncement"> https://p2p.org</a></li><li><strong>Twitter:</strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></li><li><strong>Telegram:</strong><a href="https://t.me/P2Pstaking"><strong> </strong>https://t.me/P2Pstaking</a></li></ul>

Alex Bond

from p2p validator

Flow P2P Validator Joins FLOW as a Node Operator

<p>Crypto-collectibles are currently gaining a lot of traction and the demand for non-fungible tokens (NFT) spiked with<a href="https://nonfungible.com/market/history"> over $2M weekly volume</a>. <strong>NFTs represent a proof-of-ownership for a unique asset that can be used to exchange in-game assets, to define copyrights for publishers or proof of authenticity by digital art creators.</strong> In 2017, the Cryptokitties game on Ethereum was the most popular blockchain enabled consumer application that revealed the hidden potential of crypto-collectibles. Three years later, it still remains one of the largest NFT games by sales volume.</p><p>Due to Ethereum scaling limitations and aggravating user experience, the team behind CryptoKitties spent the last two years in R&amp;D to build a new blockchain platform that could address mainstream consumer scale needs, while offering an unparalleled user experience. Flow is a new blockchain built for the next generation of apps, games, and the digital assets that power them.</p><p>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 uses proof-of-stake achieving relatively fast transaction finality. Though Flow is a multi-purpose general blockchain not limited to any specific use-case, <strong>it has the potential to become the leading platform for building decentralized gaming applications and power the growth of crypto-collectible economies.</strong></p><p><em>With that in mind, P2P Validator is excited to announce the launch of Collector, Verification and Consensus nodes to increase Flow decentralization as part of our commitment to support the development of open and censorship-resistant collectible economies.</em></p><p><strong>If you are interested in staking with us follow a few simple steps from our <a href="https://economy.p2p.org/flow-ledger-delegation-guide/?utm_source=flow_annoncement&amp;utm_campaign=flow_guide">staking guide</a>.</strong></p><p>Our 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. <strong>We are an early Flow investor having our own skin in the game.</strong> The node infrastructure is under advanced monitoring with 24/7 technical support, backups and alerts.</p><h3 id="about-flow"><strong>About Flow</strong></h3><p>Flow is a novel developer-friendly blockchain that is perfectly fitted for games and digital assets powering collectible economies. It has multi-role architecture improving transaction speed and throughput. It is built by<a href="https://www.dapperlabs.com/"> the Dapper Labs</a> team that is behind<a href="https://www.cryptokitties.co/"> Cryptokitties</a> and<a href="https://www.nbatopshot.com/"> NBA Top Shot</a>. It is supported by notable venture funds including Google Ventures, USV, a16z, Venrock and many others.</p><p>Learn more by visiting the <a href="https://www.onflow.org/#">Flow Website</a>,<a href="https://twitter.com/flow_blockchain"> Twitter</a> or<a href="https://t.me/flow_blockchain"> Telegram</a>. If you’re a developer, take a look at<a href="https://www.onflow.org/play"> Flow playground</a> and join the discussion on<a href="https://discord.gg/JuZY76"> Discord</a>.</p><h3 id="about-p2p-validator"><strong>About P2P Validator</strong></h3><p><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=flow_annoncement">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 publishing, <strong>more than 350 million of USD value is staked with P2P Validator by over 4000 delegators across 15+ networks.</strong> We are early Flow investors with a goal to provide the long term support for the ecosystem.</p><hr><p><strong>Stake FLOW with us:</strong> <a href="https://economy.p2p.org/flow-ledger-delegation-guide/?utm_source=flow_annoncement&amp;utm_campaign=flow_guide">Ledger Delegation Guide</a></p><p><strong>Web:</strong><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=flow_annoncement"> https://p2p.org</a></p><p><strong>Twitter:</strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></p><p><strong>Telegram:</strong><a href="https://t.me/P2Pstaking"><strong> </strong>https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

Flow Flow Ledger Delegation Guide

<p><em>This guide is relevant if you use Ledger wallet to store FLOW tokens.</em></p><ol><li>Make sure that Ledger firmware and Flow application are updated to the latest version.</li><li>Go to <a href="https://port.onflow.org/">https://port.onflow.org/</a> and connect the Ledger device. If you have troubles at this step you can turn on <em>expert mode</em> in the Flow application on your ledger and check <a href="https://forum.onflow.org/t/ledger-common-issues-and-solutions/669">the most common issues &amp; solutions</a>.</li><li>Navigate to <em>Stake &amp; Delegate</em> tab and select <em>Start Delegating</em></li></ol><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/Go-to-stake-and-delegate-and-select-x-1.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/Go-to-stake-and-delegate-and-select-x-1.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/Go-to-stake-and-delegate-and-select-x-1.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/Go-to-stake-and-delegate-and-select-x-1.PNG 1600w, https://economy.p2p.org/content/images/2020/12/Go-to-stake-and-delegate-and-select-x-1.PNG 1897w" sizes="(min-width: 720px) 720px"></figure><p>4.  Paste the Node ID. At this moment with locked FLOW you can delegate only to a single node. P2P is running three nodes and each of them have limited staking capacity.<br><br><strong>Collection node [max 2,25m FLOW]</strong><br><em>79b43645fdf7c6597d8868b10c91d8cf343ab7d2cea0c98902d8f9456049918a</em><br><br><strong>Verification node [max 1,215m FLOW]</strong><br><em>78ef2e461a32df2278ae78baf7cf1a54fec3601fe4723a5833c49e1935dc4b7d</em><br><br><strong>Consensus node [max 4,5m FLOW]</strong><br><em>14faeb5538c8791827163074cd5fdbdcf70c44648a98d835c63ebb386d5c4745</em></p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/2-node-id.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/2-node-id.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/2-node-id.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/2-node-id.PNG 1600w, https://economy.p2p.org/content/images/2020/12/2-node-id.PNG 1919w" sizes="(min-width: 720px) 720px"></figure><p>5.  Input the amount you wish to delegate and press <em>Continue</em>. Leave at least 1-2 FLOW unstaked.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/input-amount-and-leave-2-Flow-unstaked.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/input-amount-and-leave-2-Flow-unstaked.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/input-amount-and-leave-2-Flow-unstaked.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/input-amount-and-leave-2-Flow-unstaked.PNG 1600w, https://economy.p2p.org/content/images/2020/12/input-amount-and-leave-2-Flow-unstaked.PNG 1919w" sizes="(min-width: 720px) 720px"></figure><p>6.  Check the delegation request on the screen, click on a checkbox and press Confirm.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/final-check---checkbox-yes.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/final-check---checkbox-yes.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/final-check---checkbox-yes.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/final-check---checkbox-yes.PNG 1600w, https://economy.p2p.org/content/images/2020/12/final-check---checkbox-yes.PNG 1920w" sizes="(min-width: 720px) 720px"></figure><p>7.  Approve the transaction with your Ledger device.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/approve-on-ledger.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/approve-on-ledger.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/approve-on-ledger.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/approve-on-ledger.PNG 1600w, https://economy.p2p.org/content/images/2020/12/approve-on-ledger.PNG 1919w" sizes="(min-width: 720px) 720px"></figure><p>8.  You will see a transaction status page and in a few minutes it should change from pending to confirmed.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/wait-a-few-sec-and-you-will-see-confirmation-screen.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/wait-a-few-sec-and-you-will-see-confirmation-screen.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/wait-a-few-sec-and-you-will-see-confirmation-screen.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/wait-a-few-sec-and-you-will-see-confirmation-screen.PNG 1600w, https://economy.p2p.org/content/images/2020/12/wait-a-few-sec-and-you-will-see-confirmation-screen.PNG 1920w" sizes="(min-width: 720px) 720px"></figure><p>9.  From now on you are all set. In the <em>Stake &amp; Delegate</em> tab you will see information about the delegation. It should become active in the next epoch.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/Confirmation-screen--stake-will-become-active-in-the-next-epoch.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/Confirmation-screen--stake-will-become-active-in-the-next-epoch.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/Confirmation-screen--stake-will-become-active-in-the-next-epoch.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/Confirmation-screen--stake-will-become-active-in-the-next-epoch.PNG 1600w, https://economy.p2p.org/content/images/2020/12/Confirmation-screen--stake-will-become-active-in-the-next-epoch.PNG 1896w" sizes="(min-width: 720px) 720px"></figure><p>If you have any questions feel free to contact us. We are always open for communication.</p><h3 id="about-p2p-validator"><strong>About P2P Validator</strong></h3><p><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=flow_guide">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 publishing, <strong>more than 350 million of USD value is staked with P2P Validator by over 4000 delegators across 15+ networks.</strong> We are early Flow investors with a goal to provide the long term support for the ecosystem.</p><hr><p><strong>Web:</strong><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=flow_guide"> https://p2p.org</a></p><p><strong>Twitter:</strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></p><p><strong>Telegram:</strong><a href="https://t.me/P2Pstaking"><strong> </strong>https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

Polkadot Guide for staking in Polkadot & Kusama with Ledger

<!--kg-card-begin: markdown--><p>This guide will follow through the process of creating an account in Polkadot using Ledger hardware wallet and staking using a controller account. If you have more than 50,000 DOT <a href="https://p2p.org/polkadot?utm_source=blog&amp;utm_campaign=polkadot_ledger_guide" title="Get a special offer">contact us</a> to find out about our special staking conditions.</p> <!--kg-card-end: markdown--><p>To continue with Kusama switch the network and follow the same steps as for Polkadot.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/11/switch-2.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/11/switch-2.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/11/switch-2.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/11/switch-2.PNG 1600w, https://economy.p2p.org/content/images/2020/11/switch-2.PNG 1920w" sizes="(min-width: 720px) 720px"></figure><!--kg-card-begin: markdown--><p><strong>Table of contents</strong><br> I. <a href="#create-polkadot-account-with-your-ledger">Create Polkadot account with your Ledger</a><br> II. <a href="#bond-the-amount-of-dot-you-wish-to-stake">Bond the amount of DOT you wish to stake</a><br> III. <a href="#assign-a-controller-to-your-stash">Assign a Controller to your Stash</a><br> IV. <a href="#nominate-validators">Nominate validators</a></p> <!--kg-card-end: markdown--><h3 id="create-polkadot-account-with-your-ledger">Create Polkadot account with your Ledger</h3><p>Download <a href="https://www.ledger.com/ledger-live/download/">Ledger Live</a> on your device and connect your hardware wallet. Make sure that Ledger firmware is up to date. Install the Polkadot/Kusama application.</p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/y5-RjvLZp7Ka9cpLZgpzYWEA2UyyELASDYqnSX9xCaiximIeqfNi9qe7oIrycLqc4N_9xcApzSLJJesT7PveasSN7_85-pWocmgA1Ne8wQTUXoCL8lAl5tNY_Ixik3GQT0YETVI2" class="kg-image" alt></figure><ol><li>Go to <a href="https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc.polkadot.io#/settings">PolkadotJS UI</a> using Chrome and navigate to the <em>Settings</em> tab. In the dropdown menu related to hardware connections select<em> Attach Ledger via WebUSB </em>and press <em>Save.</em></li></ol><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/wMpvsexAYA8YDwB5xvt7cnKmMeuskWRcQLFdkwXqxVipjZHR8B7G64AAQsmv_cz1AYmEbr7WXd53ziAHgp0jvPvL0wlQJssWaLXV9qA_5y1BRWz96T6LiG5c8bRpGxFLSAa3ljv7" class="kg-image" alt></figure><p>2. Go to the <em>Accounts</em> tab and press <em>Add Ledger </em>button to create an account</p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/G_VJSqbDxNdUJGnvgV1F5-D1qrlEfN8o7XfgxQ6B1VG-B3vmJpWpByGEbVDsGPsb8Ps3G-mCDzYgkwyC2NaTGln33I9fQZ_c6pXZAO-sBMPovKcewsgJN_hHQntKeEnIXPDoILRg" class="kg-image" alt></figure><p>3. On your Ledger wallet, navigate to the Polkadot/Kusama app that you downloaded in Step 1 and select it by pressing two buttons on your Ledger. Go back to the screen on your device and click <em>Save</em>.</p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/L659ZpiW6Awwsr3GmoRsG5m8VZ6C8zTdcnWyQSonlQ4_trJt5qS8qQ4GpvPUMQTpDX7JkHMa5Rw7GY2ijb-gS5HJKHX47vS-iFDBGm65e9YFbYGZhPdkfKtDyWXlB8-l33CvjAJx" class="kg-image" alt></figure><p>4. You will be asked to confirm the connection of your Ledger via web interface. Select it in a dialog window and press <em>Connect.</em></p><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/IgDYDyvEm6v5Bac0aWSZHWAYa3nGoWrlWoSRv8-zKna3pIv_b637HJgz1nBeKfuxV7EZ0rkJv-HPLOWu2tMdKCwqbzH_A2WomgkGf9ZuKYxgWmttk8Th7BvqHypMnpR53kQi3YyT" class="kg-image" alt></figure><!--kg-card-begin: markdown--><ol start="5"> <li>The account should appear on the screen. This account will play the role of your stash. If your stake is higher than 50k DOT - <a href="https://p2p.org/polkadot?utm_source=blog&amp;utm_campaign=polkadot_ledger_guide" title="Get a special offer">contact us</a> to receive a special offer from P2P. To generate multiple addresses repeat steps 3,4 but every time choose a different address index in the drop-down menu of step 3.</li> </ol> <!--kg-card-end: markdown--><p>We will continue with a single account but if there are multiple ones the following process should be repeated for each of them.</p><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/zOgHQZdtDfwmwYfC1i7iGeVgvEJ_sJhP3oKFx7Wm_XgeX23okGrNYzmMK4Jm67G4gduYAOFD1zmJqHvwyW4sqrq1MP7VzdU_Xi500EK3aBAMO7rkeDVjkBamSt2qqluK7dzOMFtO" class="kg-image" alt></figure><p>Left-click on the icon to copy the address and send DOT tokens to it.</p><h3 id="bond-the-amount-of-dot-you-wish-to-stake">Bond the amount of DOT you wish to stake</h3><ol><li>Go to <em>Network -&gt; Staking </em>and navigate to <em>Account Actions </em>by pressing the tab.</li></ol><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/s5zgusv6II9zV9uYwRs_XXChVpkxFyncnWQ9TW2NTrgW20h0cQk4ZExuIi7KPAFYDSAS7kmsWvmWQKBCNHx8NaoDRcn9t7D-48uMIMVl9xbaGN0sAdNvSUGnm1NWIXFOx3cHpQhl" class="kg-image" alt></figure><p>2. Bond the amount you wish to stake. Leave at least 2-3 DOT unbonded to cover  future transaction fees. In the dropdown menu you can specify the desired way of receiving rewards <strong>on your stash</strong>. (Auto re-staking or auto unbonding, to become transferable in 28 days after payout was triggered)</p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/w1Nng_MmpnpKj3tpEKx2B5_OinchL7uSjJt69asmImIIrT1APTYkusX_S-CtnCLwJKh9HmyXg0Iov4GARnX4ZwNZXesYhIlZAWCbQmmXHX2u10759UzH7uEqFJtNcJn7KnRUHF11" class="kg-image" alt></figure><p>We make payouts every day or three so you won’t need to pay a tx fee by yourself.</p><p>3. Press <em>Sign and Submit,</em> then confirm the transaction on your Ledger device</p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/vVURso4mV9O0Dq0j82rfft7FsT6mol--8_SCr4zAbGuPpxiS7FXv9XMpIUGkt7aiEYVpm2Sj-KBWbJlRPgOraokh0XX57DAvyJizmuEi0fQEnXYGDNZFGniz7kKnFfM4TCkB1FIh" class="kg-image" alt></figure><p>If the hardware wallet becomes disconnected, re-enter the Polkadot application and continue making actions on the PolkadotJS screen. You will be asked to connect Ledger via web interface as in step 5, after that continue with the step where the connection was lost.</p><p>4. After successful bonding your stash appears in the <em>Account Actions </em>tab. We recommend assigning a controller account. It is a separate account that you should fund with 2-3 DOT and connect with your primary one to perform staking related operations on behalf of your stash, like triggering payout or nominating a validator. Controller has no access to the funds on the stash.</p><h3 id="assign-a-controller-to-your-stash">Assign a Controller to your Stash</h3><ol><li>Navigate to <em>Developer</em> <em>-&gt; Extrinsics</em>.</li></ol><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/zVQ1TXaO4YF5Z6r76mtmQERh-1bkA9AfpTzFO9sy-CLkQtSotYrHAB06IXxuLz4fZiAtOjW6k1aKW8Y_rWGBR9a2qC-wGFrUN7WIMW5HXtzKRTvYGYlfOXYr-pVJ6-86p_OIurNo" class="kg-image" alt></figure><p>2. In the left drop-down menu select <em>staking</em></p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/11/sc_staking.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/11/sc_staking.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/11/sc_staking.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/11/sc_staking.PNG 1600w, https://economy.p2p.org/content/images/2020/11/sc_staking.PNG 1920w" sizes="(min-width: 720px) 720px"></figure><p>3. In the right drop-down menu select <em>setController</em></p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/2Bo4Ac-SqOrujMB92XeAEFxjhTBKeaQKkPzM7Wx36WdBu8w_VGE-oyA-pBLdlOA7MyrYabspVq1AGKB4T1cuS0SQtTutQ2dBv7SsgFa10ZgIbRvPhhWjl8fG9eW34EnH6te8zNE_" class="kg-image" alt></figure><p>4. In the last drop-down menu paste the controller address you wish to assign.<strong> </strong>Every stash should have a separate controller.</p><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/HCzIawUt7bsh9Ux-sVLdRbu92FZXNrGtKnXNxswUnI8ijaeZJ9o_EzloQLO59P4jcXUJ4J0lbtUe24JaKz5a06poIFHLPoiFHHXiVOrmlZ9TU4CQ_HGPlapdpKaTMPoo36a_o9dt" class="kg-image" alt></figure><p>Press <em>Submit Transaction</em></p><p>5. In the opened window click <em>Sign and Submit, </em>then confirm the action with your Ledger wallet</p><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/2hXLQSBdRlAr5VsH6Fmqj5PlryJOqeWyh5yUZnbCuvXylxhG75IWr7qgiJejeQpDIRkHn9lbazDSdmZGvNEGpEkEcP-ot81-2N9tqmi92rDFWRfVyghBq2VyE3Zo1wgO0HcQEXyo" class="kg-image" alt></figure><p>6. Go to <em>Network -&gt;</em> <em>Staking -&gt; Account Actions </em>to check the updated information. In the Controller column you will see the recently added controller address instead of the stash.</p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/WvK3jnhzJldJ2kM5HK2awcVwokyG92ANoISdOuGomrXgJIifV6koER281dHcbHNkW1AJpfFWgjNmFeKPiDzEWjodR8hhl3QunzQY2PWkq9IET_5AdxFIe56PH1dvUhNxFRb7W3Zr" class="kg-image" alt></figure><h3 id="nominate-validators">Nominate validators</h3><ol><li>Press <em>Nominate </em>button</li></ol><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/cgkEcRpMBOxmnhmqOMUQ8vEjSJFzpixp3hKjZZKuH8cO49tdW92pYgHzqWXP-b_HM20jnXlnh7iyKJvjbD3jzucmQ_DlBb9XCYFA6WnBoUIG78TzII93Nja93ZQPVjGti8TfFPkC" class="kg-image" alt></figure><p>2. In the opened window select up to 16 validators you wish to stake with. If you would like to nominate P2P go to <a href="https://p2p.org/polkadot">https://p2p.org/polkadot</a> and select validators from there. We update the list on a regular basis.</p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/fS5UnK-NZvAPCLEbSlIqcm4B7w-4Q9FD2XO6C68e8wMQw0HE9mkbMJSNSucCjeg_hadaXhOyZaqeLrng68frTAZjgs8pOK3juLy3oeTcd6-JUouv9CVOF5aFkujqgLt3ZbfH_SWA" class="kg-image" alt></figure><p>3. Chosen validators will appear in the right column. Press <em>Nominate.</em></p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/OQk6oaLdyU7oMzLRNUMcIyDEwWaOa3Kls269kUHf2ZZQgNCSDplnPWnxeLhqwaIWZecWU3msVQdZECm8vEuh-OcVViPbZSm_t8iX9HnCoQCEJ6SQikEpapb6VRql7NGgXJiVK3oa" class="kg-image" alt></figure><p>4. You will be asked to confirm the transaction with your Controller account. Click <em>Sign and Submit.</em></p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/11/Sign---submit-ser.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/11/Sign---submit-ser.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/11/Sign---submit-ser.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/11/Sign---submit-ser.PNG 1600w, https://economy.p2p.org/content/images/2020/11/Sign---submit-ser.PNG 1920w" sizes="(min-width: 720px) 720px"></figure><p>5. In the top right corner you should see that transaction is confirmed. Your screen should be updated and current nominations should appear in the <em>Account Actions </em>tab. From here you will be able to manage your staking in future.</p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/6W7zmuhtnP062W3Nvm2xdv-snh07v580ogpm-s5j1vOVJE6TF-W5LEojRqld7NFtjQA6SSVhTzf54alOPEFGNRjPhHJioEvvQUkJxdmgh8rnUuXKAFPyVEm7pmVx-apyCvlwR71y" class="kg-image" alt></figure><p>Staking will begin from the next era or two (24 - 48 hours). You will be able to track nominations from <em>Staking -&gt; Account Actions. </em>At least one nomination should become active thus your stake is working in full and generating rewards.</p><h1 id="about-p2p-validator"><strong>About P2P Validator</strong></h1><p><a href="https://p2p.org/">P2P Validator</a> is a world-leading non-custodial staking provider securing more than $100 million by over 2000 delegators/nominators across 15+ top-notch networks. We have been presented in all Polkadot testnets and have been actively participating on Kusama network since the beginning. P2P Validator invested its own funds in Polkadot in 2017 and intends to support the network in the long term.</p><hr><p><em>Do not hesitate to ask questions in our</em><a href="https://t.me/P2Pstaking"><em> Telegram chat</em></a><em> or contact Slava via sy<a href="https://economy.p2p.org/guide-for-staking-with-ledger-in-polkadot-kusama/[email protected]"><a href="https://economy.p2p.org/guide-for-staking-with-ledger-in-polkadot-kusama/[email protected]"><a href="https://economy.p2p.org/guide-for-staking-with-ledger-in-polkadot-kusama/[email protected]">@p2p.org</a></a></a>. We are always open for communication.</em></p><hr><p><strong>Web:</strong><a href="https://p2p.org/?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=polkadot_nominate"> https://p2p.org</a><br><strong>Stake DOT with us:</strong><a href="https://p2p.org/polkadot"> https://p2p.org/polkadot</a><br><strong>Twitter:</strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a><br><strong>Telegram:</strong><a href="https://t.me/P2Pstaking"> https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

NuCypher NuCypher Brief Overview

<p>NuCypher is a decentralized secret management network where a group of nodes (workers) perform proxy re-encryption to manage permissions on encrypted data instead of a centralized server. It allows safe data exchange without ability for proxies to learn the plain text info. Correctness of worker behavior 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.</p><h3 id="current-state-and-market-potential"><strong>Current state and market potential</strong></h3><p>NuCypher mainnet successfully launched on 15th October 2020 allowing token holders to stake their NU.</p><p>Privacy of sensitive data is a vexed problem and services provided by NuCypher project are attractive and valuable not only in crypto space. The highest growth of<a href="https://www.statista.com/statistics/798564/number-of-us-residents-affected-by-data-breaches/"> data breaches in USA</a> was in the healthcare sector demonstrating 80% increase from 2017 to 2019 including the transmission of confidential data without proper encryption.</p><p>Enterprises also are seeking ways to avoid data leaks and securely manage and share sensitive data.<a href="https://www.marketresearchfuture.com/reports/key-management-service-market-8188"> The Global Key Management as a Service Market</a> market size is expected to grow from $363 million in 2018 to $1,28 billion by 2023 and is estimated to reach $2,29 billion by 2025 during the period 2019–2025.</p><h3 id="token-allocation"><strong>Token allocation</strong></h3><p>NuCypher raised $750k in 2016 ; $4.3 million in 2017 and $10,7 million in 2018. The overall token allocation showed in a diagram below.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/10/image-2.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/10/image-2.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/10/image-2.png 1000w, https://economy.p2p.org/content/images/2020/10/image-2.png 1600w" sizes="(min-width: 720px) 720px"></figure><h3 id="staking-economics"><strong>Staking economics</strong></h3><p>In order to participate in the network as a worker and perform re-encryption, node operators have to lock NU tokens. At the start rewards from providing re-encryptions might be low so until the project gets traction, node operators will be incentivized mostly by emission of new tokens. <strong>Holders can delegate their funds and earn a share of rewards in proportion to their stake.</strong></p><p><strong>Compensation is higher when tokens are locked for a longer period.</strong> To get maximum compensation stakers have to lock their funds for at least a year to be allowed to accept policies with longer terms. Shorter commitment will result in lower rewards for participants and they will not be allowed to provide re-encryption if the length of a particular policy is higher than chosen lock-up period. <strong>Staking since the beginning of mainnet with compounding of rewards also will result in higher returns.</strong> The whole stake can be split into sub-stakes where each will have its own lock-up period.</p><p>In existing representation only one staker can delegate to a worker in near future, staker can be a smart contract that accepts delegations from various addresses. We believe in future adoption of NuCypher and will provide the long term staking maximizing staking rewards.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/10/table-14.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/10/table-14.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/10/table-14.png 1000w, https://economy.p2p.org/content/images/2020/10/table-14.png 1368w" sizes="(min-width: 720px) 720px"></figure><h3 id="native-token"><strong>Native token</strong></h3><p>NuCypher token NU is ERC20 token the main purpose of which is to act as a staking token in the network with limited liquidity and low volatility. Amount of provided re-encryptions will be proportional to stake which is guaranteed to be locked at the end time of the policy. Node operators with higher stake presuming higher loss in case of bad behavior and ability to accept policies with longer terms.</p><p>NuCypher based on Ethereum blockchain means that users should have ETH on the worker node’s address to pay tx fees. Workers also share service fees paid by end users in ETH for providing re-encryptions.</p><p>Over 350 000 ETH were locked in the smart contract by participants to take part in<a href="https://blog.nucypher.com/the-worklock/"> WorkLock token distribution model</a> proposed by NuCypher team.</p><h3 id="slashing-risks"><strong>Slashing risks</strong></h3><p>There are two potential slashing conditions:</p><ul><li>Providing incorrect responses</li><li>Continuous downtime</li></ul><p>At network genesis, the protocol will be able to detect and attribute instances of incorrect re-encryptions. If there are many sub-stakes and misbehavior occurs, unlocked tokens which do not participate in staking will be slashed in the first place and then ascending sub-stakes with lower lock-ups.</p><p>A false re-encryption is not like a double-sign. Correctness of a re-encryption can be proved via a zero-knowledge proof. If users receive incorrect re-encryption, they can provide this proof to the network, which will result in the node getting slashed. <strong>For each violation, 2×10−18 NU tokens will be deleted from the offender’s stake</strong>. <br><br>In the future, slashing parameters can be changed by the Decentralized Autonomous Organization (DAO) that is managed by NU stakeholders who operate nodes. It makes NuCypher a community driven project from the very beginning.</p><p>At network launch slashing for worker unavailability is turned off until it will be enabled by the DAO if needed. <strong>Stakers will not receive inflation rewards for any period the node is offline</strong>. A worker that doesn't timely apply updates and constantly experiencing downtime will also miss rewards.</p><h3 id="about-p2p-validator">About P2P Validator</h3><p><a href="https://p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider securing more than $200 million by over 2000 delegators across 15+ top-notch networks. Our team has close connections with NuCypher and we have participated in the incentivized testnet since the beginning. P2P Validator invested its own funds in NuCypher project in 2017 and intends to support the network in the long term.</p><h3 id="useful-nucypher-resources"><strong>Useful NuCypher resources</strong></h3><ul><li>Website:<a href="https://www.nucypher.com/"> https://www.nucypher.com/</a></li><li>Github:<a href="https://github.com/nucypher/"> https://github.com/nucypher/</a></li><li>Docs:<a href="https://docs.nucypher.com/en/latest/"> https://docs.nucypher.com/en/latest/</a></li><li>Whitepaper Technical:<a href="https://github.com/nucypher/whitepaper/blob/master/whitepaper.pdf"> https://github.com/nucypher/whitepaper/blob/master/whitepaper.pdf</a></li><li>Blog:<a href="https://blog.nucypher.com/"> https://blog.nucypher.com/</a></li></ul><hr><p><em>Want to stake NU with us? Alexey will be happy to help. Contact [email protected] to get personal assistance.</em></p><hr><ul><li><strong>Stake NU with us:</strong> <a href="https://p2p.org/nucypher">https://p2p.org/nucypher</a></li><li><strong>Web:</strong><a href="https://p2p.org"> https://p2p.org</a></li><li><strong>Twitter:</strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></li><li><strong>Telegram:</strong><a href="https://t.me/p2pvalidator"> https://t.me/p2pvalidator</a></li></ul>

Alex Bond

from p2p validator

Oasis Oasis brief overview

<p>Oasis protocol is a decentralized 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 misbehavior. At the outset, validators are incentivized by gradually decreasing emission schedule and transaction fees.</p><h3 id="current-state-and-market-potential"><strong>Current state and market potential</strong></h3><p>Oasis team plans to launch Mainnet Beta (fully featured network with disabled transfers) soon after Mainnet Dry Run that is launched to ensure that the network is healthy.</p><p><a href="https://www.gartner.com/en/newsroom/press-releases/2019-04-02-gartner-forecasts-worldwide-public-cloud-revenue-to-g">Gartner projects</a> the market size and growth of the cloud services industry at nearly three time the growth of overall IT services by 2022. According to <a href="https://www.idc.com/getdoc.jsp?containerId=prUS45340719">IDC forecast</a> worldwide spending on public cloud services and infrastructure is set to double growing from $229 billion in 2019 to almost $500 billion by 2023.</p><p>At the same time more data is stored in the clouds posing higher security and privacy risks which are the most concerning for data owners. The danger of cloud breach <a href="https://leftronic.com/cloud-computing-statistics/">has increased by 18.4% since 2016 while 60% of companies</a> use cloud technology to store confidential data.</p><p>Oasis team addressed privacy issues by implementing<a href="https://docsend.com/view/3aznduk"> Ekiden</a> that allows nodes to perform computations off-chain in a trusted execution environment without access to the data itself.</p><h3 id="token-allocation-and-purpose"><strong>Token allocation and purpose</strong></h3><p>Oasis Labs raised $45 million. The overall token allocation presented in the graph below. Total supply is capped at 10 billion ROSE. For staking rewards foundation allocated ~2 billion ROSE.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/token-dist-oasis-pie.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/token-dist-oasis-pie.png 600w, https://economy.p2p.org/content/images/2020/09/token-dist-oasis-pie.png 695w"></figure><p>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 after this feature will be enabled.</p><p>There will be no public sale due to regulation risks. To acquire tokens you should wait for official announcements from the Oasis team and listing on exchanges.</p><h3 id="staking-economics"><strong>Staking economics</strong></h3><p>Oasis currently uses Tendermint consensus. Nodes performing confidential computations utilize TEEs to execute smart contracts and do not have access to the data itself while validators finalize transactions and update the state of the blockchain. Oasis network will launch with a focus on the consensus layer of the protocol. <strong><strong>To begin with, rewards from staking will be </strong>~<strong>15% and then  decrease to 1</strong>2<strong>%</strong> in six month.</strong> Holders can delegate their funds increasing overall security of the network and earn a share of rewards in proportion to their stake. There is a minimum required delegation of 100 tokens. Staking since the beginning of mainnet will result in higher returns for delegators.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/table-8-1--1.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/table-8-1--1.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/table-8-1--1.png 1000w, https://economy.p2p.org/content/images/2020/09/table-8-1--1.png 1368w" sizes="(min-width: 720px) 720px"></figure><h3 id="slashing-risks"><strong><strong>Slashing risks</strong></strong></h3><p>At the time of mainnet launch, the protocol will slash <strong><strong>only for double-signing</strong></strong>. At the start the <strong><strong>minimum amount of 100 tokens will be slashed</strong></strong> and node functioning stopped in order to prevent the node from being over-penalized and resulting in losing delegations. Validators will have to change operating address and attract delegations to participate in consensus. There is <strong><strong>no slash for liveness or uptime at launch</strong></strong>, but a node would need to sign at least 75% of blocks in the epoch to receive corresponding rewards.</p><h3 id="about-p2p-validator"><strong><strong>About P2P Validator</strong></strong></h3><p><a href="https://p2p.org/">P2P Validator</a> is a world-leading non-custodial staking provider securing more than $200 million trusted by over 2000 delegators across 15+ top-notch networks. Our team has close connections with Oasis team and we have participated in the incentivized testnet since the beginning. P2P Validator invested its own funds in Oasis project and intends to support the network in the long term.</p><h3 id="useful-oasis-resources"><strong><strong>Useful Oasis resources</strong></strong></h3><p>Website:<a href="https://www.oasislabs.com/"> https://www.oasislabs.com/</a></p><p>Github:<a href="https://github.com/oasislabs"> https://github.com/oasislabs</a></p><p>Docs:<a href="https://docs.oasis.dev/overview.html#what-is-oasis"> https://docs.oasis.dev/overview.html#what-is-oasis</a></p><p>Whitepaper:<a href="https://docsend.com/view/grdq39h"> https://docsend.com/view/grdq39h</a></p><p>Non-tech paper:<a href="https://docsend.com/view/5uuhcj3"> https://docsend.com/view/5uuhcj3</a></p><p>Blog:<a href="https://www.oasislabs.com/blog"> https://www.oasislabs.com/blog</a></p><hr><p><em><em>Want to stake Oasis with us? </em>Paul <em>will be happy to help. Contact</em></em> <em>p.pavlov<em>@p2p.org</em></em> <em><em>to get personal assistance.</em></em></p><hr><p><strong><strong>P2P Validator</strong></strong> provides secure non-custodial staking. Subscribe to our channels and stay tuned for updates and new blog posts.</p><p><strong><strong>Web:</strong></strong><a href="https://p2p.org/"> https://p2p.org</a></p><p><strong><strong>Twitter:</strong></strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></p><p><strong><strong>Telegram:</strong></strong><a href="https://t.me/p2pvalidator"> https://t.me/p2pvalidator</a></p>

Alex Bond

from p2p validator

Solana, Serum P2P Validator Joins Serum Project as a Node Operator

<p>This year has been marked by the surge of decentralized finance (DeFi) and rise of a value locked through Uniswap - an automated market maker. Despite this, notable limitations like slow transaction processing, a spike in gas prices and the absence of trustless cross-chain swaps still exist, aggravating user experience.</p><p>Serum is going to eliminate these limitations of DeFi space. It is a <strong><strong>trustless decentralized exchange by design</strong></strong> built on top of Solana blockchain implying low latency and high transaction speed. Serum has <strong><strong>cross-chain support</strong></strong> and does not rely on centralized price feeds. <strong><strong>It is fully interoperable with Ethereum ecosystem</strong></strong> and provides the same trading experience that users get on centralized platforms by being the first high-throughput exchange that has a fully <strong><strong>on-chain orderbook and matching engine</strong></strong>.</p><p>Due to impressive performance qualities <strong><strong>Serum can become a foundational block for DeFi</strong></strong>.</p><p><em><em>With that in mind, P2P Validator is thrilled to announce the launch of Serum node with the mission of fostering DeFi growth and supporting censorship-resistance of value exchange.</em></em></p><p>Our team has extensive experience in setting up secure infrastructure. <strong><strong>P2P Validator maintains high-availability nodes and provides secure staking services for the most groundbreaking projects in the blockchain space</strong></strong>. We are an early Solana investor and active contributor operating a robust validator for mainnet beta. The node infrastructure is under advanced monitoring with 24/7 technical support, backups and alerts.</p><h3 id="about-serum"><strong>About Serum</strong></h3><p><a href="https://projectserum.com/">Serum</a> is a trustless decentralized exchange that enables seamless cross-chain trading and outstanding user experience. It allows fast order placement and on-chain order matching overcoming existing limitations in the space. It was founded by a group including team members from<a href="https://ftx.com/"> FTX</a> and<a href="https://www.alameda-research.com/"> Alameda Research</a> supported by advisors from Compound, BitMax, TomoChain and other notable projects. The list of partners include: Aleph.im, BitMax, FTX, Kyber Network, Leminscap, Multicoin Capital and many other well-established companies.</p><p>Learn more by visiting the<a href="https://projectserum.com/"> Serum Project website</a>,<a href="https://twitter.com/ProjectSerum"> Twitter</a> or<a href="https://t.me/ProjectSerum"> Telegram</a>. To discover Serum ecosystem visit<a href="https://serum-academy.com/en/"> Serum Academy</a>. If you’re a developer, read a technical<a href="https://docs.google.com/document/d/1isGJES4jzQutI0GtQGuqtrBUqeHxl_xJNXdtOv4SdII/edit#"> introduction to Serum</a> and join the discussion on<a href="https://discord.com/invite/MxZFT4v"> Discord</a>.</p><h3 id="about-p2p-validator"><strong>About P2P Validator</strong></h3><p><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=serum_intro">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 publishing, <strong><strong>more than 200 million of USD value is staked with P2P Validator by over 2000 delegators across 15+ networks.</strong></strong> We are early Solana investors and contributors having a goal to provide the long term support for the ecosystem.</p><hr><p><strong><strong>Web:</strong></strong><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=serum_intro"> https://p2p.org</a></p><p><strong><strong>Twitter:</strong></strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></p><p><strong><strong>Telegram: </strong></strong><a href="https://t.me/P2Pstaking">https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

Polkadot P2P Staking Strategy in Polkadot Before DOT Transfers

<p>Polkadot staking has successfully launched. Validator elections has been held and issuance of first rewards has been started. If you have not nominated yet it is a good time to <a href="https://economy.p2p.org/polkadot-nomination-guide?utm_source=strategy&amp;utm_campaign=strategy">do it now</a>.</p><p>P2P Validator has more than three years of experience as a non-custodial staking provider. We make staking clear and attractive to simplify the process, incentivizing token holders to secure the network. <strong><strong>The main goal of our staking strategy is maximizing rewards for token holders.</strong></strong></p><p>To reach that goal in Polkadot, we have been validating Kusama since the first day to polish our approach. Currently, we operate over 25 Kusama nodes with 300,000 KSM nominations and provide <strong><strong>~15% benefit for our nominators compared to average.</strong></strong></p><p>Below I will briefly describe a <strong><strong>temporary approach we are taking while DOT transfers are not enabled</strong></strong>.</p><p><a href="https://p2p.org/polkadot?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=strategy">Nominate P2P</a> to take part in this exciting journey.</p><h1 id="staking-in-polkadot"><strong>Staking in Polkadot</strong></h1><p>In Polkadot nominators don't choose the amount delegated to a particular validator. <strong><strong>Instead, they select preferred validators and their bonded stake automatically spreads amongst them</strong></strong> to achieve an optimal distribution. Each token holder can pick up to 16 targets and the system will decide which ones will receive a delegation and the amount.</p><p>Nominations represent stake-weighted voting for validators who compete for the active set. In the long term validators in the active set receive equal rewards meaning that the least staked node can potentially be more efficient.</p><p>For example, assuming 0% commission, a nominator with <code>10 000 DOT</code> will receive 50% if the total stake of a validator is <code>20 000 DOT</code> and only 25% if <code>40 000 DOT</code>. But, if a staking provider does not have enough votes it can remain outside of the active set.</p><p>To provide sustainable services <strong><strong>validators need to find an optimal relation between the number of nodes and their total nominated stake</strong></strong>. We run multiple nodes to provide an even distribution of stake for our nominators.</p><h1 id="dynamic-adjustment-strategy"><strong>Dynamic adjustment strategy</strong></h1><p>The lower threshold of nominated stake decreases as the number of available seats in the active set increases and we will adjust to it <strong><strong>retaining the number of our active nodes to be always one unit higher than the number that can win in elections</strong></strong>.</p><p>The reserved validator will enter the active set if it is expanded or more token holders vote for these nodes. Once this happens tokens will be distributed amongst the higher quantity resulting in a lower stake on each node. In this case nominators get a higher share in it. To explain the idea let's look at an example, which is simplified for better understanding.</p><h3 id="example"><strong>Example</strong></h3><p>Let's assume that <code>12 000 DOT</code> is required to win in elections and <code>30 000 DOT</code> is staked with three validators two of which are in the active set while the third one is in reserve. In this case, tokens will be evenly distributed among the two active ones resulting in <code>~15 000 DOT</code> staked with each of them.</p><p>If nominators vote for these three nodes with an additional <code>6 000 DOT</code> or the number of validators in the active set increases, the reserved validator will most likely win in the next elections. Stake of nominators will be redistributed resulting in <code>~10 000 DOT</code> per node and nominators will obtain a higher share. We will set a new reserve node that nominators can include in their nomination list in case of future changes.</p><hr><p>This temporary strategy will help us to remain flexible in the changing conditions of the network optimizing staking return for nominators who included all validators.</p><p>Currently, <strong><strong>we have ten nodes</strong></strong>, which you can<a href="https://p2p.org/polkadot?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=strategy"> add to your nomination list</a>.</p><h1 id="about-p2p-validator"><strong>About P2P Validator</strong></h1><p><a href="https://p2p.org/?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=strategy">P2P Validator</a> is a world-leading non-custodial staking provider securing more than $40 million by over 1500 delegators/nominators across 15+ top-notch networks. We have been present in all Polkadot testnets and have been actively participating on Kusama network since the beginning. P2P Validator invested its own funds in Polkadot in 2017 and intends to support the network in the long term.</p><hr><p><em><em>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking">Telegram chat</a> or contact Alex via [email protected] We are always ready to help and open for communication.</em></em></p><hr><p><strong><strong>Web:</strong></strong><a href="https://p2p.org/?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=strategy"> https://p2p.org</a></p><p><strong><strong>Stake DOT with us:</strong></strong> <a href="https://p2p.org/polkadot?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=strategy">https://p2p.org/polkadot</a></p><p><strong><strong>Twitter:</strong></strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></p><p><strong><strong>Telegram:</strong></strong> <a href="https://t.me/P2Pstaking">https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator