Ethereum, Staking Announcing a Milestone Partnership: P2P.org Teams up with Matrixport to Offer Staking Infrastructure

<p>We are excited to unveil an exciting <strong>new partnership between P2P.org and Matrixport, strategically designed to supercharge the growth of staking opportunities for institutional investors to engage in ETH staking.</strong> This collaboration seamlessly aligns with P2P.org's core mission of delivering secure and user-centric staking solutions. Moreover, it underscores our unwavering commitment to accelerating institutional adoption.</p><h3 id="whos-matrixport">Who's Matrixport?</h3><p>Matrixport is one of Asia's fastest-growing digital asset platforms that offers a comprehensive suite of crypto investment products and financial services. Its service includes tokenized real-world assets, prime brokerage, custody, spot OTC, fixed income, investment products, lending, and asset management.  </p><p><strong>P2P.org’s infrastructure and platform now power Matrixport’s groundbreaking and hassle-free staking product.</strong> Clients' deposited ETH will be 100% staked through P2P.org. </p><p>Our mutual aspiration is to actively propel the adoption of institutional staking and move the ecosystem forward, ensuring its continuous growth and evolution. The shared vision revolves around simplifying user access to diverse financial products via decentralized technology. </p><h3 id="enhanced-staking-and-security-with-p2porg">Enhanced Staking and Security with P2P.org</h3><p>Your security is our top priority. At P2P.org, we take a dual-layered approach to protect a client's digital assets. We also have stringent security measures, such as cutting-edge encryption protocols and multi-signature wallets.</p><p>Our commitment to protecting your stake, even in worst-case scenarios, sets us apart. Our fail-safe mechanisms, like smart contracts, ensure you can permanently unlock and access your assets.</p><p>Together with Matrixport, we are committed to delivering a seamless, secure, and efficient path for institutional Ethereum staking opportunities.</p><h3 id="contact-us">Contact us</h3><p>For in-depth insights into staking with Matrixport and leveraging P2P.org's robust security features, contact <a href="https://www.matrixport.com/institutions/get-in-touch?ref=p2p.org">Matrixport</a> or connect with our customer service teams on Telegram at <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>.</p>

Kamil Jakub Natil

from p2p validator

Introducing DVT Staking API: Streamlining Institutional Staking on P2P.org

<p></p><h3 id="intro">Intro</h3><p>We’re thrilled to announce our collaboration with SSV Network, marking the inception of our <strong>DVT Staking API, the first of its kind in the industry</strong>.<br>This initiative seeks to amplify our institutional staking offering further, ensuring seamless integration for custodians, wallets, and cryptocurrency exchanges.</p><div class="kg-card kg-button-card kg-align-center"><a href="https://bit.ly/3SQpuC4?ref=p2p.org" class="kg-btn kg-btn-accent">Book a demo now!</a></div><p><br>Since 2018, our mission has been to create a secure and efficient platform to onboard institutions for non-custodial staking solutions, particularly within the Ethereum ecosystem. Fast forward to 2023, our operations now extend over 50 networks, managing staked assets close to $2B with over 60,000 delegators. The unveiling of the DVT Staking API is another significant milestone in our ongoing journey, embodying our commitment to foster non-custodial staking at the institutional level.</p><h3 id="whats-dvt">What's DVT?</h3><p>Distributed Validator Technologies (DVT) is pivotal in mitigating staking risks, offering a robust framework for managing digital assets and staking strategies. The resonance of DVT among institutions is profound, given its prowess in addressing key concerns such as counterparty and slashing risks, which are crucial in ETH Staking.</p><figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://p2p.org/economy/content/images/2023/11/pic-what-is-dvt.png" class="kg-image" alt loading="lazy" width="600" height="496" srcset="https://p2p.org/economy/content/images/2023/11/pic-what-is-dvt.png 600w"><figcaption>DVT, or Distributed Validator Technology by SSV.network explained</figcaption></figure><p>For an in-depth understanding and integration guide, we direct you to our staking API <a href="https://docs.p2p.org/?ref=p2p.org">developer guides</a>. The DVT Staking API is engineered for simplicity, offering a streamlined workflow to accommodate the diverse needs of custodians, wallets, and neo-banks. Our API acts as a bridge, simplifying the navigation of DVT staking and ensuring a seamless transition into decentralized staking. Our mission is to facilitate integration and offer cost-saving benefits to users who integrate with us.</p><h3 id="the-integration">The Integration</h3><p>The integration of DVT with our platform paves the way for a new era of Ethereum staking. Our platform provides a unique opportunity to stake directly with multiple institutional node operators, such as Allnodes, Stakely, and HTX, offering their own nodes operating on DVT. This initiative enables institutions to harness the full potential of decentralized staking through various experienced operators, each bringing a wealth of experience working with institutional entities, high-performance nodes, and best-in-class security practices to ensure node liveness. Our coordinated effort ensures a geographically distributed node operation with one node in the US, two in the EU, and one in APAC, significantly mitigating the risks associated with downtime due to country-specific incidents. Moreover, by supporting a broad spectrum of execution and consensus clients, we foster Ethereum client diversity, further eliminating reliance on the point of failure. This well-rounded approach significantly elevates the robustness and reliability of the P2Porg staking platform. It underscores our position as a leader in advancing the staking paradigm alongside industry leaders who share our vision.</p><p>Allnodes Founder &amp; CEO Konstantin Boyko-Romanovsky told P2P.org, "Allnodes is dedicated to advancing the staking ecosystem, and our partnership with P2P.org through their DVT Staking API aligns with our commitment. We believe DVT represents a significant step forward in mitigating inherent staking risks like slashing and counterparty exposure - paramount concerns for ETH staking. The DVT framework complements our mission to deliver secure and efficient staking to institutions. By collaborating with P2P.org, we can integrate their healthy platform and progressive technology to benefit clients through a decentralized, resilient staking infrastructure. Our partnership is about more than enhancing our services; it's about shaping the future of institutional staking and contributing to a more secure, decentralized blockchain ecosystem."</p><p>Stakely Co-founder Ignacio Iglesias said, "Stakely's collaboration with P2P.org, employing Distributed Validator Technology (DVT) in the Ethereum staking ecosystem, marks a pivotal advancement towards a more secure and decentralized staking infrastructure, specially tailored for institutional clients. DVT aligns with our commitment to providing robust, non-custodial staking services for institutions by mitigating risks such as slashing and single-point failures through distributed key management. This approach ensures security and reliability and fosters decentralization by utilizing diverse Ethereum clients and operating across various geographical regions, further strengthening the resilience and integrity of the Ethereum network."</p><p>The Head of HTX Web3 Technology, Token Xi, stated: "HTX staking is committed to advancing the overall ETH stake ecosystem towards greater security and decentralization. Our collaboration with P2P.org in developing DVT StakeAPI aligns with our expectations for the positive growth of the entire industry ecosystem. As a deep partner of the official SSV, HTX has long supported the development of SSV, from testnet to mainnet, as a core validator node operator. Through the SSV network, we have reduced the risk of single points of failure, thereby better securing our users' assets. Additionally, the decentralized nature of SSV allows our users to enjoy the safety benefits of decentralization while promoting the decentralization of the entire ETH ecosystem."</p><p>Our collaboration with the ssv network has been long-running; as one of their Mainnet Verified Operators, we've been working closely with the ssv network to redefine Ethereum staking with the integration of DVT into the P2P.org platform via our new Staking API thanks to a grant awarded to us. The ssv network grant has been instrumental in developing and launching the DVT Staking API to advance institutional staking solutions at P2P.org. This integration propels our value proposition to institutional investors, framing us as the go-to platform for a diverse suite of staking services. You can learn more about our work as a Mainnet Verified Operator with an ssv network <a href="https://p2p.org/economy/p2p-org-joins-ssv-network-as-mainnet-verified-operator-enhancing-ethereum-staking-with-dvt/">here</a>!  </p><p>The ease of integration and cost-efficiency is at the core of our DVT Staking API. It is not merely about staking; it's about creating an ecosystem that is accessible, secure, and beneficial to all stakeholders involved. Our API is designed to save substantial time and resources, accelerate your product offerings, and propel your business toward its staking goals. Our customer-centric dashboard allows you to effortlessly retrieve all the necessary information, consolidated within a user-friendly interface and real-time reporting.</p><h3 id="contact-us-and-use-it">Contact us and Use It!</h3><p>If you'd like to discover more about the ease of integration for our DVT Staking API, you can find more in our documentation portal, <a href="https://docs.p2p.org/docs/ssv-overview?ref=p2p.org">here!</a></p><p>You can also contact a team member via our official Telegram account or book a demo and learn more about the DVT Staking API <a href="https://p2p.org/products/dvt?ref=p2p.org">here</a>!</p><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/FyQCPepMu-ZbuWid1vdUZAGq_-WgY6NBap5FsoZDT22Dgw7Ry5XUETHdm_KAVIDqvVFPCZgf8WEHf_11jGQlF1qDxrI_7JLUVRIe2SFZobJcgEOwJJN9NMqOCqgnZOlHNGOkkXTUH4tQRB5UrctHzzo" class="kg-image" alt loading="lazy" width="602" height="385"></figure><p>The DVT Staking API is a testament to our relentless pursuit of innovation, redefining the contours of institutional staking. We welcome all institutions and businesses to leverage this novel Staking API to meet the demands of your current staking strategy and be well-prepared for tomorrow's decentralized landscape.</p><p>For further inquiries and discussions, feel free to reach out to us. Our team at P2P.org is here to assist you in every step of your staking journey.<br>Official P2P.org Telegram Channel: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>

Kamil Jakub Natil

from p2p validator

Unlock 10% more block rewards with MEV Maximizer feature

<p>Having all MEV relays connected to the validator is already a widespread industry practice. Every operator utilizes it to collect more bids and extract more MEV rewards. But is it maximum?</p><p>The team at <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> constantly explores new opportunities and technologies to increase staking yield. We are thrilled to announce that we have made a step forward to MEV maximization, <strong>allowing our clients to extract an additional 10% more from block rewards*.</strong></p><p>Let’s dive into how our team has been able to achieve this as one of the first staking validators in the industry.</p><div class="kg-card kg-button-card kg-align-center"><a href="https://p2p.org/start?utm_source=blog&utm_medium=article_mev&utm_campaign=brewards" class="kg-btn kg-btn-accent">Get special offer for ETH staking!</a></div><h3 id="exploring-opportunities">Exploring opportunities</h3><p>The validator has four seconds from the beginning of its slot to create, sign, and propagate the block to the network. By default at 0.0 sec validator requests bids from connected MEV relays, waiting some time for response, chooses the most profitable one and sign it. </p><p>But what if some builder finds a new MEV opportunity with a higher bid a little later than the start of the slot? Likely, validator will lose this opportunity.</p><p>We observe numerous examples when bids increased drastically during the first seconds of the slot. There are cases when the bid has risen from 0.05 to 300 ETH. Charts below demonstrate it.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-9.png" class="kg-image" alt loading="lazy" width="1658" height="720" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled-9.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/Untitled-9.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/11/Untitled-9.png 1600w, https://p2p.org/economy/content/images/2023/11/Untitled-9.png 1658w" sizes="(min-width: 720px) 720px"></figure><div class="kg-card kg-callout-card kg-callout-card-red"><div class="kg-callout-emoji">🧐</div><div class="kg-callout-text">Every 4th block, reward increases more than 10% during the 1st second</div></div><h3 id="why-do-builders-increase-their-bids-over-time">Why do builders increase their bids over time?</h3><p>Let's delve a bit deeper to understand why builders increase their bids over time. The general reasons are as follows:</p><ul><li>Builders strive for inclusion and need to raise their stakes to outperform competitors in a dynamic block auction occurring on relays.</li><li>The market landscape updates more frequently than the Ethereum block time, causing the potential extracted value to fluctuate as time passes and more information/order flow becomes available.</li></ul><p>Several examples illustrate these points:</p><ul><li>A new DEX swap in the mempool creates a new MEV opportunity.</li><li>Changes in the USDC/ETH price on some centralized exchanges (CEX) just after the slot starts can lead to arbitrage opportunities on decentralized exchanges (DEX) before they disappear in the next slot.</li></ul><h3 id="looking-for-the-golden-mean-in-delaying-mev-request">Looking for the golden mean in delaying MEV request</h3><p>Historical data shows that waiting more time before requesting MEV may increase block rewards up to 15% on average. </p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled--1-.png" class="kg-image" alt loading="lazy" width="1868" height="998" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled--1-.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/Untitled--1-.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/11/Untitled--1-.png 1600w, https://p2p.org/economy/content/images/2023/11/Untitled--1-.png 1868w" sizes="(min-width: 720px) 720px"></figure><p>However we can’t delay the MEV request too much for two reasons:</p><ol><li>The validator has 4 seconds to request/receive bids, sign the block, and send it to the MEV relay, leaving enough time for block propagation within the network. High delay in MEV request shifts block propagation and can lead to block misses.</li><li>Late blocks due to high delay will lead to an increased number of forks and reorgs since some nodes won’t receive new blocks timely.</li></ol><p>Speaking about the second point, the plot below shows that 95% of blocks utilize bids submitted before 1.1 sec. Having that, we have about <a href="https://reorg.pics/?ref=p2p.org">0.1% reorgs currently</a>. Increasing MEV requesting delay too much may increase the number of reorgs drastically.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled--2-.png" class="kg-image" alt loading="lazy" width="1968" height="994" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled--2-.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/Untitled--2-.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/11/Untitled--2-.png 1600w, https://p2p.org/economy/content/images/2023/11/Untitled--2-.png 1968w" sizes="(min-width: 720px) 720px"></figure><p>P2P.org team has conducted enhanced experiments and infra optimisations to find a golden mean between maximizing block rewards and staying healthy for the network (not producing missed or late blocks). </p><p>This allowed us to roll out the MEV Maximizer feature for our clients, the first of its kind in the industry.</p><h3 id="maximizing-rewards">Maximizing rewards</h3><p>MEV Maximizer feature allows validators to catch larger MEV rewards. Chart below demonstrates a few examples of the block rewards increase for the particular slots:</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/image-11.png" class="kg-image" alt loading="lazy" width="1942" height="978" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/image-11.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/image-11.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/11/image-11.png 1600w, https://p2p.org/economy/content/images/2023/11/image-11.png 1942w" sizes="(min-width: 720px) 720px"></figure><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/image-9.png" class="kg-image" alt loading="lazy" width="1960" height="1020" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/image-9.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/image-9.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/11/image-9.png 1600w, https://p2p.org/economy/content/images/2023/11/image-9.png 1960w" sizes="(min-width: 720px) 720px"></figure><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/image-10.png" class="kg-image" alt loading="lazy" width="1960" height="1020" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/image-10.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/image-10.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/11/image-10.png 1600w, https://p2p.org/economy/content/images/2023/11/image-10.png 1960w" sizes="(min-width: 720px) 720px"></figure><div class="kg-card kg-callout-card kg-callout-card-red"><div class="kg-callout-emoji">🔥</div><div class="kg-callout-text"><strong>10% more block rewards</strong> - that is what our clients already get*</div></div><p>It's fair to mention that not every block shows such a significant increase in rewards, and the 10% block rewards increase was gotten for randomized sample of 4000 blocks comparing value of maximum bids change over time for discovered slots and initial bids at 0.0 slot time. A client with only a few validators due to a low number of proposed blocks may be unlucky and receive zero increase, or conversely, they may receive an extra-large MEV of 10 ETH or more.</p><p>Speaking about yield, block rewards (or execution rewards) account for 30% of total rewards, increasing APR by <code>10% x 30% = 3%</code>  from 4.20% to 4.33% currently. So, if you have 250 validators, you can expect to receive an additional ±10 ETH in rewards per year, the calculations are the following <code>250 validators x 32 ETH x 0.13 % extra APR</code> .</p><p>Stake with <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> to get early access to the newest technologies &amp; unique perks, increasing your revenue.</p><div class="kg-card kg-button-card kg-align-center"><a href="https://eth.p2p.org/auth?utm_source=blog&utm_medium=article_mev&utm_campaign=hrewards" class="kg-btn kg-btn-accent">Stake ETH with P2P.org in 1 click</a></div><h3 id="other-exclusive-p2porg-perks">Other exclusive P2P.org perks</h3><ol><li><a href="https://p2p.org/economy/eigen-layer-restaking-with-p2p-org-guide/">Restaking with Eigen Layer</a>. 0.5%-5pp. APR increase expected after Eigen Layer rewardslaunch in Q3 2024. Stake with Eigen Layer now to book this opportunity <code>already available</code></li><li><a href="https://p2p.org/networks/ethereum?ref=p2p.org">Opt-in MEV relays</a>. Configure your validator to remain regulatory-compliant or support decentralization <code>already available</code></li><li><a href="https://p2p.org/economy/a-step-by-step-guide-using-the-p2p-org-eth-staking-app-on-safe/">Stake ETH with Safe</a>. The first-of-its-kind app on the Safe Apps Ecosystem allows users to quickly and easily direct stake ETH with just a few clicks while maintaining full custody of their assets. <code>already available</code></li><li>Distributed validator staking powered by SSV. Don’t trust <a href="http://p2p.org/?ref=p2p.org">P2P.org</a>, set up in 1 click a decentralized validator backed by the best operators: Allnodes, Stakely, Huobi and <a href="http://p2p.org/?ref=p2p.org">P2P.org</a>.  <code>coming soon</code></li></ol><p>*The calculation is based solely on the methods shown above. Results calculated using other methods may differ, including on the low side. IN ANY CASE THERE ARE NO GUARANTEED EARNINGS.</p>

Vladislav Kurenkov

from p2p validator

Solana How Solana Firedancer Can Boost Network Security

<p>Firedancer's testnet launch was announced at Solana's Breakpoint conference, marking a significant milestone in Solana's journey toward global adoption. Let's explore its purpose and understand why it is essential to transition towards multiple validation clients, thereby enhancing network security and stability.</p><h2 id="benefits-of-multiple-validation-clients"><strong>Benefits of Multiple Validation Clients</strong></h2><p>Generally, any PoS network would like to have more than one client, and clients must be developed by independent teams using different programming stacks because of security and stability matters. The Proof of Stake (PoS) network will benefit from two separate validation clients. Still, the benefits will increase with more clients and more evenly distributed stake among them.</p><p>You may wonder what number of validation clients are counted as decent for the PoS network, and this is an excellent question. We believe resilience and reliability are the most important things for the Solana ecosystem. From that perspective, the Solana cluster must "survive" the outage of one validation client, which means there should not be more than 33.3% of stake on each validation client because if there is more stake, it will cause a halt of the cluster because of BFT consensus. Thus, the mandatory condition to sustain the outage of one validation client is to have four clients in the cluster with ~25% of a stake each (again, it should not be more than 33.3%). To secure the network, the cluster must have a fairly distributed stake across all available validation clients. It looks like a challenge to achieve this for different reasons.</p><h2 id="solana-validation-client-diversity"><strong>Solana Validation Client Diversity</strong></h2><p>Currently, the Solana ecosystem offers 2 production-ready clients:</p><p>1. Solana labs client (<a href="https://github.com/solana-labs/client?ref=p2p.org">https://github.com/solana-labs/client</a> )</p><p>2. Jito Labs MEV-enabled client (<a href="https://github.com/jito-labs/client?ref=p2p.org">https://github.com/jito-labs/client</a>)</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/firedancer-2-A.jpg" class="kg-image" alt loading="lazy" width="2000" height="1125" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/firedancer-2-A.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/firedancer-2-A.jpg 1000w, https://p2p.org/economy/content/images/size/w1600/2023/11/firedancer-2-A.jpg 1600w, https://p2p.org/economy/content/images/size/w2400/2023/11/firedancer-2-A.jpg 2400w" sizes="(min-width: 720px) 720px"></figure><p>Although Jito Labs is an independent team, technically, the Solana client built by Jito represents a set of patches applied on top of the vanilla Solana Labs client. Currently, <a href="https://reports.p2p.org/superset/dashboard/jito_client_adoption/?native_filters_key=AcrJWCtZSXOF6QXvAhpOh5FKzgWiav7bjqfwzV8ipRkPiiXMKTAQ58DAKmfRKb7h&ref=p2p.org">42.5% of the stake is working on the Jito client</a>, which already includes two clients and two teams, which undoubtedly increases efficiency. However, both clients will be affected by almost the same set of bugs, including security vulnerabilities of the Rust compiler and Rust dependencies used for building the executable binaries. This situation is undesirable for the Solana ecosystem, which is heading to get its place as a PoS network ready to run world-level enterprise applications!</p><h2 id="introduction-of-firedancer">Introduction of Firedancer</h2><p>A new client for Solana called Firedancer was announced in 2022 and made a splash in Breakpoint 2022 when Firedancer engineering team lead Kevin Bowers from Jump Trading presented Firedancer, working progress, and exciting insights regarding performance optimizations applied in Firedancer. Let’s quickly review the high-level attributes of Firedancer:</p><p>- Written in C language</p><p>- Client development funded and guided by an independent company (Jump Trading/Jump Crypto)</p><p>It must be mentioned that Firedancer is designed to be highly efficient in utilizing hardware at 100% and, as a result, to bump TPS up to 1M (which is frankly insane).</p><p>Considering everything we discussed above, it is fair to say that Firedancer will be the first genuine new client developed from scratch by an independent team. Once it’s released, it secures the network significantly. For example, suppose there is a bug discovered, a security vulnerability, or performance degradation related to the Solana labs client; the validators can agree to move temporarily to the Firedancer client to give time to Solana labs to troubleshoot the problem and provide enough time to make a well-tested patch. Having several validation clients gives more opportunities to provide decent service for end users, so we strive to see Firedancer adoption in the Solana cluster.<br></p><p>*Authors: Anton Yakovlev Lead SRE @ P2P Solana team*<br></p>

Kamil Jakub Natil

from p2p validator

P2P.org Welcomes OKX Wallet Web Extension Integration for Simplified Staking

<p></p><p>P2P.org is pleased to announce our new partnership with the OKX Wallet Web Extension, marking a significant milestone in making non-custodial staking more accessible and user-friendly to everyone. This integration with OKX, a leading cryptocurrency wallet owned and operated by OKX Exchange, enables users to connect with P2P.org's non-custodial staking and network validation services with unparalleled ease and security.<br></p><p><strong>Experience the Synergy of P2P.org and OKX Wallet in Just a Few Clicks</strong><br></p><p>Leveraging the seamless interface of the OKX Wallet Web Extension, users can now engage with P2P.org's platform in mere minutes:<br></p><p>1. <strong>Download and Set Up:</strong> Initiate by downloading the OKX Wallet extension for Chrome or Firefox and securely create or import your wallet.</p><p><strong>  * Chrome web store download address:     </strong><a href="https://chrome.google.com/webstore/detail/okx-wallet/mcohilncbfahbmgdjkbpemcciiolgcge?ref=p2p.org">https://chrome.google.com/webstore/detail/okx-wallet/mcohilncbfahbmgdjkbpemcciiolgcge</a></p><p><strong>  * Firefox browser add-ons download address: </strong><a href="https://addons.mozilla.org/en-US/firefox/addon/okexwallet/?ref=p2p.org">https://addons.mozilla.org/en-US/firefox/addon/okexwallet/</a> <br></p><p>2. <strong>Fund Your Wallet:</strong> Easily add funds through a direct transfer, QR code scan, or from OKX to the OKX Wallet Web Extension.<br>3. <strong>Connect and Go:</strong> Finally, connect your OKX Wallet to P2P.org's official web app to access our platform's features securely.</p><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/ssTIwkm6VdlhmJnHS6R1jR0pIpTmWnkd0eNIOj8th-pO-ddfiInUKCK6SnUeAghOlYHTI2TrSaplRACdtSAlRIgmf7g-EJfeelMxNRcgraQWNUGOefVCMj2cE5KCLziwlo9q668mQGLlTVIsGA7VNhU" class="kg-image" alt loading="lazy" width="602" height="411"></figure><p><strong>Unified Vision for a Decentralized Future</strong><br></p><p>Through this partnership, we're not just offering a tool but bridging the legacy of P2P.org's robust staking infrastructure with OKX's innovation in simplifying cryptocurrency adoption. Our unified aim is to deliver a superior, multi-chain experience that upholds privacy, security, and user sovereignty.<br></p><p><strong>Your Safety, Our Priority</strong><br></p><p>We at P2P.org, in alignment with OKX's commitment to security, remind users to safeguard their seed phrases and passwords. Our integration with OKX Wallet ensures you have a trusted companion for your staking strategy.<br></p><p>As P2P.org and OKX Wallet redefine the approach to Web3 services, we invite you to be part of this transformative journey. For a full breakdown of how to set up and manage your OKX Wallet Web Extension, please visit OKX Official Medium Post: <br><br><a href="https://medium.com/@okxweb3/access-p2p-org-using-the-okx-wallet-web-extension-3082367ac49b?ref=p2p.org">https://medium.com/@okxweb3/access-p2p-org-using-the-okx-wallet-web-extension-3082367ac49b</a> <br></p><p>Contact our 24/7 customer service on Telegram for support or inquiries.<br><a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>. <br></p><p>To speak with OKX Wallet customer support, please visit: </p><p><strong>Discord</strong></p><p>English: <a href="https://discord.gg/e6EyvM5QwM?ref=p2p.org">https://discord.gg/e6EyvM5QwM</a> <br>Chinese: <a href="https://discord.com/invite/hkCGKbbbqf?ref=p2p.org">https://discord.com/invite/hkCGKbbbqf</a> <br><br><strong>Email</strong><br>[email protected]</p>

Kamil Jakub Natil

from p2p validator

Polkadot P2P.org Launches Nomination Pool on Polkadot

<p><a href="http://p2p.org/?ref=p2p.org">P2P.org</a> is pleased to announce the introduction of its Nomination Pool on the Polkadot network. Polkadot has established itself as a leader in the blockchain industry since 2020, known for its security, decentralization, and energy efficiency. Staking on Polkadot has been challenging, particularly for users without a technical background. Our new nomination pool addresses these issues.</p><h3 id="introducing-nomination-pools-staking-made-simple-and-accessible"><strong>Introducing Nomination Pools: Staking Made Simple and Accessible!</strong></h3><p>Traditionally, staking required substantial DOT holdings and a detailed understanding of validators, making it complex and often inaccessible. Introducing nomination pools is a significant step in Polkadot's development, simplifying the staking process.</p><p>Pool name: <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a> nomination pool: 4.5% fee (creator account: 13YA8vMJxR8BjQgRFLMBz7MtL173HUGyU4wjUXK84LJXcDRP and stash account 13UVJyLnbVp8c4FQeiGQNRTXs4HEwemqcVLmuJwTuP2Uekwo)</p><h3 id="why-choose-p2porgs-nomination-pool"><strong>Why Choose P2P.org's Nomination Pool?</strong></h3><ul><li><strong>Low Entry Barrier:</strong> Start staking with a minimum of 1 DOT.</li><li><strong>Effortless Participation:</strong> We handle nomination complexities on your behalf.</li><li><strong>Proportional Rewards:</strong> Receive rewards in proportion to your stake, similar to direct nominations.</li><li><strong>Secure Pool Management:</strong> Our managed pool ensures balanced economic incentives and network security.</li><li><strong>Transparency:</strong> Regular updates and clear visibility on operations and rewards.</li><li><strong>Continuous Support:</strong> Our dedicated support team is available 24/7 for any inquiries.</li><li><strong>Competitive Fee:</strong> Our 4.5% staking fee on <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> validators includes no additional charges.</li></ul><h2 id="how-to-join"><strong>How to Join:</strong></h2><p>Joining the <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> nomination pool is straightforward. Please follow our <a href="https://p2p.org/economy/how-to-join-polkadot-nomination-pool/">instructions</a>.</p><h2 id="key-differences-nomination-pools-vs-direct-nomination"><strong>Key Differences: Nomination Pools vs. Direct Nomination</strong></h2> <!--kg-card-begin: html--> <table> <thead> <tr> <th>Criteria</th> <th>Direct Nomination</th> <th>Joining a Pool</th> </tr> </thead> <tbody> <tr> <td><strong>Minimum Stake</strong></td> <td>Minimum 250 DOT</td> <td>Minimum 1 DOT</td> </tr> <tr> <td><strong>Rewards Management</strong></td> <td>Automatically compounded or sent to any account</td> <td>Rewards can be manually claimed to the pool member's account and be bonded again</td> </tr> <tr> <td><strong>Slashing Risk</strong></td> <td>All active nominators are subjected to slashing</td> <td>All pool members are subjected to slashing</td> </tr> <tr> <td><strong>Bond and Stake Duration</strong></td> <td>Can bond and stake DOT indefinitely</td> <td>Can bond and stake DOT until the pool exists</td> </tr> <tr> <td><strong>Unbonding Period</strong></td> <td>28 days, can switch validators without unbonding</td> <td>28 days, need to unbond before switching to a different pool</td> </tr> <tr> <td><strong>Governance Participation</strong></td> <td>Possible with staked tokens</td> <td>Not possible with staked tokens</td> </tr> <tr> <td><strong>Reward Claiming</strong></td> <td>Rewards payout can be triggered permissionlessly by anyone</td> <td>The pool member must claim the rewards</td> </tr> <tr> <td><strong>Fund Management</strong></td> <td>Bonded funds remain in your account</td> <td>Bonded funds are transferred to a pool account administered by the network protocol</td> </tr> <tr> <td><strong>Validator Management</strong></td> <td>Nominator manages the list of staked validators (up to 16)</td> <td>Nominations managed by the pool operator</td> </tr> </tbody> </table> <!--kg-card-end: html--> <h2 id="join-us-today"><strong>Join Us Today!</strong></h2><p>Secure your DOTs with <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> and be part of the evolving world of Polkadot staking. Join us in securing the network and shaping the future of decentralized finance.</p><h3 id="ledger-guides">Ledger guides</h3><ol><li><a href="https://support.ledger.com/hc/en-us/articles/360018131260?docs=true&ref=p2p.org">Ledger’s guide on staking Polkadot (DOT) thought Ledger Live</a></li><li><a href="https://support.ledger.com/hc/en-us/articles/7402653416477-How-to-use-the-Polkadot-Staking-Dashboard?docs=true&ref=p2p.org">Ledger’s guide on using Polkadot Staking dashboard</a></li><li><a href="https://support.ledger.com/hc/en-us/articles/4403056215825-Set-up-and-use-polkadot-js-to-access-your-Ledger-Polkadot-DOT-accounts?docs=true&ref=p2p.org">Ledger’s guide on set up and use polkadot js to access your ledger Polkadot (DOT) accounts</a> and <a href="https://support.ledger.com/hc/en-us/articles/4416512532625-Set-up-and-use-polkadot-js-to-access-your-Ledger-Kusama-KSM-account?docs=true&ref=p2p.org">guide Kusama (KSM) accounts</a></li><li><a href="https://support.ledger.com/hc/en-us/articles/7533743296797-How-to-join-a-Polkadot-nomination-pool?docs=true&ref=p2p.org">Ledger’s guide on how to join a polkadot nomination pool</a></li></ol><h1 id="about-p2p-validator"><strong>About P2P Validator</strong></h1><p><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider, securing over $2 billion by over 10,000 delegators/nominators across 25+ high-class networks. We have been actively participating in the Polkadot network since the beginning.</p><hr><p><em>Do not hesitate to ask questions in our </em><a href="https://t.me/P2Pstaking?ref=p2p.org"><em>Telegram chat</em></a><em> or contact Alex via</em> <a href="mailto:[email protected]">[email protected]</a><em>. We are always open for communication.</em></p><hr><p><strong>Web:</strong> <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong>Stake DOT with us:</strong> <a href="https://p2p.org/polkadot?ref=p2p.org">https://p2p.org/polkadot</a></p><p><strong>Twitter:</strong> <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong>Telegram:</strong> <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>

Kamil Jakub Natil

from p2p validator

Polkadot How do you join the Polkadot nomination pool?

<p></p><h3 id="joining-a-nomination-pool"><strong>Joining a Nomination Pool</strong></h3><p><strong>Bonding Requirements</strong>: Note that pooling your DOTs requires bonding them, and once pooled, it takes 28 days to withdraw them.</p><ol><li><strong>Connect to </strong><a href="https://staking.polkadot.network/?ref=p2p.org" rel="noreferrer"><strong>Polkadot Staking Dashboard</strong></a>: Link your Polkadot account to the Polkadot Staking Dashboard.</li></ol><p>2.<strong> Select and Join a Pool</strong>: On the dashboard, choose 'Pools'&gt; 'Join.' Find the "<a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a> nomination pool" pool.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-1.png" class="kg-image" alt loading="lazy" width="2000" height="675" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/Untitled-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/11/Untitled-1.png 1600w, https://p2p.org/economy/content/images/2023/11/Untitled-1.png 2000w" sizes="(min-width: 720px) 720px"></figure><p>3. Select a pool and click 'Join'.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-2.png" class="kg-image" alt loading="lazy" width="491" height="86"></figure><p>4. Bond DOTs and Submit: Decide the DOT amount to bond, remembering the minimum bond amount is 1 DOT, and you need at least 2.25 DOTs in your balance (1 DOT for the existential deposit requirement and ~0.25 DOT for the transaction fee) and click 'Submit.'’</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-3.png" class="kg-image" alt loading="lazy" width="612" height="353" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled-3.png 600w, https://p2p.org/economy/content/images/2023/11/Untitled-3.png 612w"></figure><p>5. Sign the Transaction using your wallet.</p><p>6. When it’s done, your dashboard will show the information about the nomination pool.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-4.png" class="kg-image" alt loading="lazy" width="1830" height="780" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled-4.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/Untitled-4.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/11/Untitled-4.png 1600w, https://p2p.org/economy/content/images/2023/11/Untitled-4.png 1830w" sizes="(min-width: 720px) 720px"></figure><h3 id="leaving-a-nomination-pool"><strong>Leaving a Nomination Pool</strong></h3><ol><li><strong>Navigate to Pool</strong>: In the 'Pools' section, select the pool you wish to leave and click 'Leave.'</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-5.png" class="kg-image" alt loading="lazy" width="2000" height="603" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled-5.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/Untitled-5.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/11/Untitled-5.png 1600w, https://p2p.org/economy/content/images/size/w2400/2023/11/Untitled-5.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>2. <strong>Unbound and Submit:</strong> Review the unbonding amount, then click 'Submit.' Your funds will be available in Polkadot after 28 days.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-6.png" class="kg-image" alt loading="lazy" width="1184" height="344" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled-6.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/Untitled-6.png 1000w, https://p2p.org/economy/content/images/2023/11/Untitled-6.png 1184w" sizes="(min-width: 720px) 720px"></figure><p>3. <strong>Sign the Transaction</strong> using your wallet.</p><h3 id="how-to-manually-claim-your-pool-rewards"><strong>How to Manually Claim Your Pool Rewards</strong></h3><p><a href="http://p2p.org/?ref=p2p.org">P2P.org</a> claims daily all validators’ rewards. In nomination pools, rewards must be manually claimed by the pool member and can be bonded back into the pool for compounding.</p><ol><li><strong>Access Pools Tab</strong>: Go to the Pools tab on the Polkadot staking dashboard, where your unclaimed rewards are displayed.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-7.png" class="kg-image" alt loading="lazy" width="1962" height="730" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled-7.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/Untitled-7.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/11/Untitled-7.png 1600w, https://p2p.org/economy/content/images/2023/11/Untitled-7.png 1962w" sizes="(min-width: 720px) 720px"></figure><p>2. <strong>Choose Reward Action</strong>:</p><ul><li>Click "Withdraw" to add staking rewards to your transferable balance.</li><li>Click "Bond" to return your rewards to the pool, increasing your stake.</li></ul><p>3. <strong>Claim Rewards</strong>: View the amount to claim and the estimated transaction fee. Click "Submit" and sign the extrinsic to claim your rewards.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-8.png" class="kg-image" alt loading="lazy" width="1184" height="296" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled-8.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/Untitled-8.png 1000w, https://p2p.org/economy/content/images/2023/11/Untitled-8.png 1184w" sizes="(min-width: 720px) 720px"></figure><p>All credits for used materials belong to W3F. Please refer to the community <a href="https://support.polkadot.network/support/solutions/articles/65000182376-staking-dashboard-how-to-join-a-nomination-pool?ref=p2p.org">guide</a> on how to join the nomination pool and the <a href="https://support.polkadot.network/support/solutions/articles/65000182399-how-to-use-staking-dashboard-claiming-nomination-pool-rewards?ref=p2p.org">guide</a> on how to claim rewards for more detailed information.</p><h3 id="ledger-guides"><strong>Ledger guides</strong></h3><ol><li><a href="https://support.ledger.com/hc/en-us/articles/360018131260?docs=true&ref=p2p.org">Ledger’s guide on staking Polkadot (DOT) thought Ledger Live</a></li><li><a href="https://support.ledger.com/hc/en-us/articles/7402653416477-How-to-use-the-Polkadot-Staking-Dashboard?docs=true&ref=p2p.org">Ledger’s guide on using Polkadot Staking dashboard</a></li><li><a href="https://support.ledger.com/hc/en-us/articles/4403056215825-Set-up-and-use-polkadot-js-to-access-your-Ledger-Polkadot-DOT-accounts?docs=true&ref=p2p.org">Ledger’s guide on set up and use polkadot js to access your ledger Polkadot (DOT) accounts</a> and <a href="https://support.ledger.com/hc/en-us/articles/4416512532625-Set-up-and-use-polkadot-js-to-access-your-Ledger-Kusama-KSM-account?docs=true&ref=p2p.org">guide Kusama (KSM) accounts</a></li><li><a href="https://support.ledger.com/hc/en-us/articles/7533743296797-How-to-join-a-Polkadot-nomination-pool?docs=true&ref=p2p.org">Ledger’s guide on how to join a polkadot nomination pool</a></li></ol><p><br><br><strong>Web:</strong> <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong>Stake DOT with us:</strong> <a href="https://p2p.org/polkadot?ref=p2p.org">https://p2p.org/polkadot</a></p><p><strong>Twitter:</strong> <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong>Telegram:</strong> <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>

Kamil Jakub Natil

from p2p validator

Polygon, Matic P2P.org's Polygon Staking Guide

<h3 id="why-should-i-stake-polygon-now"><br>Why should I stake Polygon now?</h3><p>Polygon ecosystem is known for the best Business Development team in web3. They have onboarded all major real-world companies into the crypto industry, including <a href="https://www.coindesk.com/business/2022/07/13/polygon-joins-disneys-accelerator-program-to-develop-ar-nft-and-ai-experiences/?ref=p2p.org">Disney</a>, <a href="https://polygon.technology/blog/google-cloud-and-polygon-labs-join-forces-to-provide-developer-tools-and-enterprise-infrastructure-to-accelerate-growth-across-polygon-protocols?ref=p2p.org">Google</a>, <a href="https://polygon.technology/blog/starbucks-r-odyssey-beta-is-now-live-on-polygon?ref=p2p.org">Starbucks</a>, and others.</p><p>They are also expanding their system beyond the initial Proof-of-Stake sidechain, and now they offer a variety of solutions, including ZK EVM chain, Polygon ID for proof of personhood, all awaited launch of Polygon Miden - high-performance private ZK L2 on Ethereum and many other initiatives.</p><p>They have recently presented the <a href="https://polygon.technology/papers/pol-whitepaper?ref=p2p.org">Polygon 2.0 whitepaper</a>, where they bring the next evolutionary change to the essence of what a staking token is.</p><p><a href="http://p2p.org/?ref=p2p.org">P2P.org</a> could not stand aside, so we are launching our own Polygon validator to participate in all those initiatives! If you also want to join this fastest-developing ecosystem, you can start staking your MATIC tokens with us.</p><p>If you already stake your MATIC, this guide will also provide information on how to restake with<a href="http://p2p.org/?ref=p2p.org"> P2P.org</a> validator - the leading infrastructure provider of the web3 ecosystem!</p><p><strong>Step-by-step instruction - How to stake:</strong></p><ol><li>Polygon staking is happening on <strong>Ethereum</strong> as Polygon is secured by Ethereum (Polygon PoS is becoming L2 on Ethereum)</li></ol><p>2. To start investing in Polygon now, you should have some MATIC tokens as ERC-20 tokens on your Ethereum wallet.</p><blockquote>The most popular wallet solutions for Ethereum are Metamask, Coinbase Wallet, and Safe (former Gnosis Safe). You can also connect any other wallet using WalletConnect.</blockquote><p>3. MATIC can be acquired either on Centralised Exchanges (like Coinbase, Binance, Kraken, and others) or decentralized exchanges or aggregators (1Inch, Uniswap, Curve, or others)</p><blockquote>If you have bought your tokens on Centralised Exchange, first you need to transfer them to your wallet.</blockquote><p>4. For all actions, you should also pay gas in ETH, so you will be required to have some ETH on the same wallet (approx. 0.01 ETH, but this value is volatile because of gas prices on Ethereum)</p><p>5. When you have acquired some MATIC &amp; ETH, you can go to the official Polygon staking page at <a href="https://staking.polygon.technology/validators/162?ref=p2p.org">https://staking.polygon.technology/validators/162</a></p><p>6. Connect your wallet</p><p>7. Click Become a Delegator</p><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/MWFe98iY0cuDXNHSQS2ugkCW7jb8XJYHrWJ_t9gZlfrP_oxpF847mJtvwRIZEZq0zXNF-3W7VmpONUzUip3xcOScBucqofaFbVPpjFjz2WHKEPb4uSudbdMtI84qiITrrdTzcmO8rAHl1oDdw96ljHY" class="kg-image" alt loading="lazy" width="602" height="277"></figure><p>8.  A pop-up will appear</p><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/ZXeGWv2UXHRDJRU9Sghi8_fi2Oc_rEq5anCUtelMWjiuBQUsIu5JN4wfC5l43OeQgcstWmikou_ffopJt8ttE-qmgEdtaLmTyUdm0_bpuUSSSgK2QGgWFMOFc_OHAluc0TxNlmjvgF99-70VM8tpwtw" class="kg-image" alt loading="lazy" width="246" height="317"></figure><p>You will have to make two transactions:</p><ul><li>Approve the spend amount of the MATIC token. This will allow the staking contract to interact with the specified amount of MATIC.</li><li>After approval, the 2nd transaction will be suggested - the delegation of the stake itself.</li></ul><p>9.  <strong>Success! You are now a part of the fast-developing Polygon Ecosystem, and you help to secure the future L2 chain!</strong></p><p></p><p><strong>How to restake your MATIC with <a href="http://p2p.org/?ref=p2p.org">P2P.org</a>:</strong></p><p><strong>1. </strong>Go to<a href="https://staking.polygon.technology/?ref=p2p.org"> https://staking.polygon.technology</a>, connect your wallet, and go to your account page:</p><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/mRCO99nPkayuEykyXIlJ1Tg12BoaBO68-5lDoZh00Ds8_bFK8o87LYKXD2GHLc943PhK-7JGatWQ088PzhB6gLqSmegU1DQgVQBgnhikuqr_6c0_ybsRlEFTqvftp6qVthNsfvNKM98oXp2IuI-XZ9Y" class="kg-image" alt loading="lazy" width="261" height="405"></figure><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/L--zCGK617PsNQILfW3ITrOH9ahnaJX8SYL8dVAePoHROu0fk8J6FeYnr9Q-khpjZSz63a9HFN12WrP0e0NFXAvOrwoGYqKgNNOB1N9lV2o_wsHpeInUwYvprA7yGp2RjWIB-GxvyfENoQf7mX4RGVI" class="kg-image" alt loading="lazy" width="253" height="389"></figure><p><strong>2.  </strong>There, you will have the "Move Stake" option:</p><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/5_s3CI8PLKhyerbg1nhUEkBCRjrC2heFmPRiIz89SVvzMK1TF6gajJD8uvmM6G5YqSDnQ696rr1TgPNOEGsz0qLVVTCeqm8JcqrqrW-is3Jw5uIA90xKJzr8D5pOYrPINFy_wySTlEZJ-g0FHmOBf5w" class="kg-image" alt loading="lazy" width="336" height="460"></figure><p><strong><br>3.  </strong>Choose<a href="http://p2p.org/?ref=p2p.org"> P2P.org</a> and click "Stake Here":</p><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/fND1kqefVzJjTCz7fo2e6Gcx_z6cWbl-HB_3S54eKR8E4REnYNgdHGNmsLP0zB1vVVgREo6af2gGWSVKntN49QZS7Id_WgEHgBfexstjcKmI7ZNdwo84VRQ1JQ6_8rkLFWLXzEQbWgdAVzlsZfASIQc" class="kg-image" alt loading="lazy" width="365" height="400"></figure><p>4.  Select the amount to restake, click Continue, sign the transaction, and everything's ready - you have moved your delegation to <a href="http://p2p.org/?ref=p2p.org">the P2P.org</a> validator.</p><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/GTMSivshrMtwW4O7aXlfPXRsy2-LDzcG6xQXLXRVU0PuqEUgbiNbnSW3k5Mi5HbymAjZeX_sCa0VWr3-hF44fQXj3XzWvaII2WwbG6oVGyTMrn3lrJVcsPh6hDDu2_KyZayc3RNkTfoPGxV2GIyXvEY" class="kg-image" alt loading="lazy" width="305" height="409"></figure><p><br>Have a question or want more info? Please speak with our support team on our official <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram Channel here!</a><br></p>

Kamil Jakub Natil

from p2p validator

P2P.org Adds Cosmos Staking API to Staking Solutions Suite

<p>We are pleased to announce our new addition to the P2P.org staking solutions suite: <strong>The Cosmos Staking API</strong>. This feature is another milestone in our continuous efforts to allow businesses to tap into boundless staking opportunities for their customers and now offer staking within the Cosmos network. Whether staking assets for your enterprise or on behalf of your users, our Cosmos Staking API streamlines the process, taking your staking strategy to new heights.<br></p><p><strong>Diving into Cosmos Staking:</strong><br></p><p>Cosmos, with a market capitalization of $2.24 billion as of November 2023, offers a promising staking avenue with an annual percentage rate (APR) of 19.7%*. The network stands out with its real-time reward distribution, accruing approximately every 7 seconds, thus ensuring a steady reward stream. However, it's essential to note the 21-day unstaking period, during which your tokens remain non-transferable. While the rewards don't compound automatically, the no minimum staking amount feature makes it an accessible choice for many and an attractive option for your users.<br></p><p><strong>Why Opt for P2P's Cosmos Staking API?</strong><br></p><p>The P2P.org Cosmos Staking API is designed to offer an easy and cost-effective staking solution on the Cosmos network. Here are the core advantages of leveraging the P2P API and Infrastructure:<br></p><ul><li><strong>Reliable Infrastructure:</strong> Anchored on a threshold signers solution, our infrastructure promises enhanced security and robustness, delivering a higher-than-network average uptime.</li><li><strong>Trusted Handling:</strong> With $100 million worth of Cosmos assets already in our custody, we underscore our prowess and credibility in asset management.</li><li><strong>Long-Term Commitment:</strong> As a genesis validator for Cosmos Hub and multiple other chains, our support extends to over 20 projects, reflecting our enduring commitment to the ecosystem.</li><li><strong>Dynamic Contributors:</strong> Our active engagement in infrastructure, data, and development projects across Cosmos reaffirms our continuous support to the ecosystem.</li><li><strong>Around-the-Clock Support: </strong>Our dedicated 24/7 support is ready to assist with any queries or challenges, ensuring a seamless staking journey.<br></li></ul><p><strong>Unveiling the API's Features:</strong><br></p><p>The P2P Cosmos Staking API is engineered to be a user-friendly gateway to Cosmos staking, showcasing:<br></p><ul><li><strong>Effortless Connection: </strong>With a focus on simplicity, connecting to the Cosmos network via our API is a breeze. Our easy-to-use staking API documentation ensures a smooth integration. View API documentation<a href="https://docs.p2p.org/?ref=p2p.org"> here!</a></li><li><strong>User Dashboard:</strong> Easily manage and track your staking strategy in real time using our simple yet comprehensive staking dashboard.</li><li><strong>Robust Security:</strong> Our stringent security measures ensure the safeguarding of your assets at every step.<br></li></ul><p><strong>Seamless Integration with Comprehensive API Documentation:</strong><br></p><p>Embarking on your Cosmos staking journey with our Staking API is designed to be a straightforward process. Our meticulously curated documentation guides you through every step, ensuring a hassle-free integration.<br></p><p>We've provisioned separate endpoints for both testing and production environments, allowing for a robust testing phase before transitioning to a live setting.<br></p><p>Our documentation, accessible <a href="https://docs.p2p.org/?ref=p2p.org">here</a>, is crafted to provide a clear pathway, enabling a smooth transition from one phase to the next in your Cosmos staking setup.<br></p><p>Whether you want to grasp the basics or delve into the nuanced details of transactions, our documentation is a comprehensive resource tailored to facilitate a successful integration.<br></p><p>By integrating the P2P.org Cosmos Staking API, you are not only ensuring superior staking services for your clients but also aligning with a reliable and seasoned staking partner in P2P.org.<br></p><p>Check out some of our detailed blog posts to delve deeper into Cosmos Staking.<br></p><ul><li><a href="https://p2p.org/economy/cosmos-staking-guide-keplr-ledger/">Cosmos Staking Guide</a></li><li><a href="https://p2p.org/economy/slashing-overview-in-cosmos-network/">Slashing Overview in Cosmos Network</a></li><li><a href="https://p2p.org/economy/5-reasons-to-stake-your-atoms/">5 Reasons to Stake Your ATOMs</a><br><br></li></ul><p>We look forward to working with you as we explore the immense potential of Cosmos staking together. Learn more about the features of our <a href="https://p2p.org/products/api?ref=p2p.org">Staking API here!</a><br></p><p>Have a question or want more info? Please speak with our support team on our official <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram Channel here!</a></p>

Kamil Jakub Natil

from p2p validator

Boost Your Staking Strategy with P2P.org’s New Solana Staking API

<p>We are thrilled to announce a new addition to our suite of staking solutions at P2P.org: the launch of our Solana Staking API. This new feature allows businesses to harness the full potential of the Solana network, allowing them to stake assets for themselves and on behalf of their clients seamlessly. By integrating with P2P.org's robust infrastructure, businesses can now offer native staking services on Solana to their clientele with a minimum of three steps to integrate with our infrastructure. This easy integration, supported by our detailed user guides, saves time and development costs for our users who wish to offer Solana Staking.<br></p><p><strong>Exploring Solana Staking:</strong><br></p><p>Staking on Solana has proven to be a rewarding strategy, with September 2023 rewards of around 8% - distributed at the protocol level every 2-3 days and automatically compounded to boost earning potential. Furthermore, the undelegation period stands at a mere 2-3 days, making this a flexible choice for stakeholders.<br></p><p><strong>Why Choose P2P's Solana Staking API?</strong><br></p><p>Our new Staking API is crafted to provide a smooth staking experience on the Solana network and everything you'd expect from using our industry-leading staking platform. Here are the core advantages of leveraging the P2P API and Infrastructure:<br></p><ul><li><strong>Maximized Profits:</strong> Our nodes have showcased a stellar performance with a 100% uptime in September 2023, ensuring maximum user rewards. Additionally, the MEV rewards contribute to augmenting profits.</li><li><strong>Trusted Handling:</strong> Over 6M SOL has already been entrusted to our platform, underscoring our credibility and capability in asset management.</li><li><strong>Long-Term Validation:</strong> Our validation service has been operational since Genesis, reflecting our enduring commitment and expertise in the field.</li><li><strong>Decentralized Setup:</strong> Our decentralized framework ensures enhanced security and resilience against adversarial conditions.</li><li><strong>Around-the-Clock Support:</strong> Our dedicated 24/7 support is always on standby to assist you with any queries or issues, ensuring a seamless staking journey.<br></li></ul><p><strong>Unveiling the API's Features:</strong><br></p><p>The P2P Solana Staking API is engineered to be a user-friendly gateway to Solana staking, highlighting:<br></p><ul><li><strong>Effortless Connection:</strong> With simplicity at its core, connecting to the Solana network via our API is a breeze with easy-to-use staking API documentation found <a href="https://docs.p2p.org/docs/overview-solana?ref=p2p.org">here!</a></li><li><strong>Flexible Account Management: </strong>Our API facilitates easy Solana account management, adapting to your specific operational needs.</li><li><strong>Robust Security: </strong>The stringent security measures embedded within our API ensure the safeguarding of your assets at every step.<br></li></ul><p><strong>Seamless Integration with Comprehensive API Documentation:</strong><br></p><p>Embarking on your Solana staking journey with our Staking API is designed to be a straightforward process. Our meticulously curated documentation guides you through every step of the way, ensuring a hassle-free integration. <br></p><p>We've provisioned two separate endpoints to cater to both testing and production environments, allowing for a robust testing phase before transitioning to a live setting. Solana's diverse network offerings include the mainnet-beta for production and testnet for testing purposes.<br></p><p>Our documentation, accessible <a href="https://docs.p2p.org/docs/overview-solana?ref=p2p.org">here</a>, each section is crafted to provide a clear pathway, enabling a smooth transition from one phase to the next in your Solana staking setup. <br></p><p>Whether you want to grasp the basics or dive into the nitty-gritty details of transactions, our documentation is a comprehensive resource tailored to facilitate a successful integration.<br></p><p>By integrating the P2P Solana Staking API, you are assuring superior staking services to your clients and aligning with a reliable and experienced partner in P2P.org. <br></p><p>Join us in this exciting venture, and let's redefine staking on Solana together, should you have any questions, please feel free to reach out to our team on our official Telegram Channel <a href="https://t.me/P2Pstaking?ref=p2p.org">here</a>!<br></p><p>Be sure to check out our detailed <a href="https://p2p.org/economy/new-product-launch-p2p-orgs-staking-api/">blog post</a> to learn more about the P2P Staking API.</p>

Kamil Jakub Natil

from p2p validator

Unlocking Polkadot Crowdloans Soon - Get an Offer from P2P.org

<p><strong>We're excited to share an update for the Polkadot Crowdloan Unlock and how our users can maximize their staking returns by allocating unlocked DOT with </strong><a href="http://p2p.org/?ref=p2p.org"><strong>P2P.org</strong></a><strong>.</strong></p><p>Polkadot's structure allows parachains to gather tokens for auction bids through crowdloans. Contributors to these crowdloans have their DOT tokens locked until the end of the lease period once a parachain wins, receiving the parachain's native tokens as rewards.</p><p>Notably, October 24, 2023, marks a significant date when a substantial volume of DOTs, previously committed to supporting parachains, will be released:</p><ul><li><strong>Acala:</strong> 32M DOT</li><li><strong>Astar:</strong> 10M DOT</li><li><strong>Clover:</strong> 9M DOT</li><li><strong>Moonbeam:</strong> 35M DOT</li><li><strong>Parallel:</strong> 10M DOT</li></ul><p>The upcoming unlock represents a unique opportunity for DOT holders, especially those eligible to claim from the various parachains, to maximize their rewards with <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a>. Contributing natively on Polkadot ensures an automatic unlocking and redistribution of your DOT to your wallet.</p><p><strong>What is the current rewards APR in Polkadot?</strong></p><p>The network's average APR is roughly 19% before any fee deductions. However, the referendum 166, which successfully passed on November 14, proposes adjusting the optimal staking rate from 52% to 60%. With the staking rate now around 48%, this new measure could potentially increase the rewards ratio by an additional 5%, making staking to Polkadot more attractive.</p><p><strong>Why Stake with <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a>?</strong></p><p><a href="http://p2p.org/?ref=p2p.org">P2P.org</a> stands out as an experienced validator operator within the network, offering nominators exceptional performance. In preparation for upcoming events, <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a> has put together a straightforward guide designed to enhance and optimize your staking strategy, thereby maximizing your reward potential. This initiative underscores our primary strengths:</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/10/Untitled-1.png" class="kg-image" alt loading="lazy" width="2000" height="1125" srcset="https://p2p.org/economy/content/images/size/w600/2023/10/Untitled-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/10/Untitled-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/10/Untitled-1.png 1600w, https://p2p.org/economy/content/images/size/w2400/2023/10/Untitled-1.png 2400w" sizes="(min-width: 720px) 720px"></figure><ol><li><strong>Leading Returns:</strong> With our unique rebalancing service, you can enjoy up to 20% higher returns than the network average. This isn't just about raw numbers; it's about a proven track record of delivering high APY. Check it using our live <a href="https://lookerstudio.google.com/u/0/reporting/46768bcc-43d7-42b6-8908-3af94a86a318/page/p_yiinu0sfvc?ref=p2p.org" rel="noopener noreferrer">dashboard</a>!</li><li><strong>Proven Track Record:</strong> As the top 1 validator in Polkadot since Genesis with zero slashing events, we're trusted by over 4000+ nominators.</li><li><strong>Round-The-Clock Support:</strong> Our commitment to you goes beyond just staking. With 24/7 personal manager support and a dedicated tech team deeply versed in the Polkadot ecosystem, you're never alone in your staking journey.</li><li><strong>In-depth Analytics:</strong> Keeping track of your staking performance has never been easier. Our customized personal dashboard gives you comprehensive insights to ensure you can always check in on your strategy and rewards.</li><li><strong>Unwavering Uptime:</strong> With a 99% SLA uptime, we ensure your staked assets consistently work hard for you.</li><li><strong>Automatic Rewards Claiming:</strong> With <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a>, you can put worries about manual rewards claiming to rest. We handle automatic rewards claiming for you, ensuring your earnings are seamlessly added to your account.</li></ol><p><strong>How to Stake with <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a>? A Quick Guide</strong></p><ol><li><strong>Open Polkadot.js:</strong> Start by launching the <strong><a href="https://polkadot.js.org/apps/?ref=p2p.org#/staking">Polkadot.js</a></strong> application.</li><li><strong>Navigate to Staking:</strong> Within Polkadot.js, move to the "Staking" tab.</li><li><strong>Opt to Nominate:</strong> Hit the "Account" button and choose "Nominate".</li><li><strong>Determine Your Stake:</strong> Specify the number of DOTs you wish to stake.</li></ol><p><strong>Select </strong><a href="http://p2p.org/?ref=p2p.org"><strong>P2P.ORG</strong></a><strong>:</strong> Find and select P2P.ORG validators from the list.</p><blockquote> 💻 Suggested <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a> validators</blockquote><blockquote>1342iFZNrBfCP9VWxqt5p39LiHp2ynyq85Ww9K7R8w6BURps 15oKi7HoBQbwwdQc47k71q4sJJWnu5opn1pqoGx4NAEYZSHs 129TM37DNpyJqtRYYimSMp8aQZ8QW7Jg3b4qtSrRqjgAChQf 13giQQe5CS4AAjkz1roun8NYUmZAQ2KYp32qTnJHLTcw4VxW 12YP2b7L7gcHabZqE7vJMyF9eSZA9W68gnvb8BzTYx4MUxRo 12ud6X3HTfWmV6rYZxiFo6f6QEDc1FF74k91vF76AmCDMT4j 145Vw57NN3Y4tqFNidLTmkhaMLD4HPoRtU91vioXrKcTcirS 12GsUt6XbVMHvKt9NZNXBcXFvNCyTUiNhKpVnAjnLBYkZSj1</blockquote><ol><li><strong>Confirm Your Nomination:</strong> Review and finalize your staking choices.</li></ol><p><em>For a more in-depth guide, you can explore <strong><a href="https://p2p.org/economy/guide-for-staking-with-ledger-in-polkadot-kusama/">our detailed staking tutorial</a></strong>.</em></p><p><strong>Special Offer for Big Holders!</strong></p><p>For those looking to stake over 100k+ DOT, we have a special offer just for you. Reach out to our support team on Telegram to explore bespoke solutions, tailored benefits, and unique opportunities depending on your size of stake.</p><p>The upcoming Polkadot Crowdloan unlock presents an unmatched opportunity for DOT holders. By choosing <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a>, you're opting for industry-leading returns and a journey marked by trust, innovation, and steadfast support.</p><p>DOT holders, this is your moment. Elevate your staking journey with <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a>.</p><p>For any questions or clarifications, please get in touch with us at <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>.</p>

Kamil Jakub Natil

from p2p validator

P2P.ORG Announces Upcoming Network Closures

<p>In line with our commitment to deliver the best staking opportunities, we will no longer support the following networks from November 11, 2023:<br><br></p><ul><li>Quicksilver</li><li>Gravity Bridge</li><li>Cyber (Bostrom)</li><li>Crescent</li><li>Moonriver (MOVR)</li><li>Calamari (KMA)</li><li>Robonomics (XRT)</li></ul><p><br><a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a> remains dedicated to supporting over 50 decentralized networks by providing our users with premium validator services and next-level support. <br><br><strong>Action Required for Token Holders:</strong><br>For those who have stakes in these networks through <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a> or any other means, here's what you need to know:<br></p><ul><li><strong>Redelegation</strong>: This action is usually instant for most networks. Your stake will seamlessly transfer to another validator once you initiate redelegation.</li><li><strong>Unstaking</strong>: This step has an <strong>unbonding duration</strong>, which varies by network. Please ensure an early start to complete this process successfully.</li></ul><p>Failure to act by the 11th November deadline will halt further reward generation.<br>P2P.ORG's dedication to innovation, enhancing user experience, and community partnerships remain our priority through every decision. <br>We sincerely appreciate your flexibility during this transition.<br><br>If you have any questions or support, our team is here for you via our official Telegram channel. <br><br><a href="https://t.me/P2Pstaking**?ref=p2p.org">https://t.me/P2Pstaking</a>.<br></p>

Kamil Jakub Natil

from p2p validator

P2P.org Announces Collaboration with Cryptology for Enhanced ETH, DOT, KSM, NEAR and GRT Staking

<p>P2P.org is pleased to announce our latest collaboration with Cryptology. This partnership reflects our commitment to strengthening the staking ecosystem across various networks we support as a leading validator. P2P.org will work closely with Cryptology to offer staking solutions for ETH, DOT, KSM, NEAR, and GRT for Cryptology's users.<br></p><p>Bridging the legacy of both organizations, we aim to deliver industry-leading staking by placing user experience at the forefront of this collaboration. This alliance combines P2P.org's expertise in the realm of staking infrastructure and Cryptology's commitment to simplifying crypto trading for the masses, ensuring an easier gateway to staking solutions for a number of proof-of-stake tokens. <br></p><p>Cryptology, with its undivided focus on user-friendliness, is changing the way people perceive blockchain technology and cryptocurrencies. By uniting Cryptology's platform, well known for its security and simplicity, with P2P.org's robust infrastructure, we are set to offer a seamless staking experience. This partnership encapsulates both organizations' commitment to allowing individuals worldwide to have easier access to staking solutions, ensuring that the complexities of staking do not deter anyone from leveraging its benefits.<br></p><p>By bringing together the ethos of both organizations – Cryptology's dedication to demystifying cryptocurrency trading and P2P.org's commitment to decentralized financial solutions – we aspire to reshape how individuals, be it beginners or experts, interact with our industry-leading staking solutions.</p>

Kamil Jakub Natil

from p2p validator

P2P.org Joins Forces with Fordefi for Enhanced Direct Staking Solutions

<p>We are excited to reveal our latest partnership with Fordefi, an institutional MPC wallet platform, designed to enhance the direct staking experience for their community. This collaboration underscores P2P.org's dedication to delivering versatile staking solutions and our goal to further the adoption of decentralized finance within diverse user segments.<br></p><p><strong>Who is Fordefi?</strong><br></p><p>Fordefi stands at the forefront of wallet platforms and web3 gateways, specializing in enabling institutions to seamlessly connect to dApps across various networks while ensuring the utmost security for digital assets. Founded in 2021 by crypto custody and cybersecurity experts, Fordefi's mission focuses on allowing institutions to safely navigate and transact within decentralized finance (DeFi).<br></p><p><strong>Fordefi's Innovative Wallet Technology</strong><br></p><p>Central to Fordefi's offering is their MPC (Multi-Party Computation) wallet, an enterprise-level security solution that leverages a distributed key generation process. MPC and cryptographic protocols ensure that each piece of the private key is held separately by different parties, eliminating single points of vulnerability. In addition to MPC technology, Fordefi’s wallet platform offers users full transaction simulation, risk alerts,  and granular policy controls. As a result, the Fordefi’s wallet platform offers enhanced protection against a plethora of attack vectors, such as private key theft, collusion attacks, and web threats.<br></p><p><strong>What this Partnership Means</strong><br></p><p>By collaborating with Fordefi, we aim to provide:<br></p><ol><li><strong>Enhanced Security:</strong> Harness the native MPC security features of Fordefi's wallet, ensuring the safety of staked assets.</li><li><strong>Efficient Staking:</strong> With Fordefi’s wallet integration, users can easily engage in direct ETH staking activities with P2P.org all covered by our slashing guarantee.</li><li><strong>User-Centric Approach:</strong> Seamlessly stake and unstake assets, leveraging Fordefi's security features and P2P.org’s robust staking infrastructure.<br></li></ol><p>"We’re excited to offer our institutional clients with leading staking solutions while keeping their digital assets secure. Transacting in DeFi is made more accessible and secure through collaborations such as this with P2P.org" - Steve Horvath, VP of Sales at Fordefi.<br></p><p>“We believe this partnership with Fordefi enhances our commitment to offering unparalleled direct staking solutions. It's a testament to our dedication to expanding the staking ecosystem and driving greater adoption." - Alex Esin, CEO P2P.org<br></p><p>The future of DeFi is collaborative, and our partnership with Fordefi underscores this belief. As we move forward, we'll continue to prioritize our users, ensuring that they benefit from innovative, secure, and highly efficient staking solutions.<br></p><p>To learn more about direct staking with Fordefi and leveraging P2P.org’s comprehensive security features, visit the Fordefi website <a href="https://www.fordefi.com/?ref=p2p.org">https://www.fordefi.com</a> or connect with our dedicated support team on Telegram <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>.</p>

Kamil Jakub Natil

from p2p validator

P2P.ORG's Exclusive High APY Staking Strategy on Polkadot: Now Available Through Our Staking API!

<p>We're thrilled to announce the latest addition to our suite of staking solutions that deliver proven high APY on Polkadot, a unique product developed and brought to you exclusively by P2P.ORG. This distinctive strategy stands out in the market, catering to developers and stakeholders aiming to elevate their staking APY while ensuring significant, unparalleled security standards. This marks the inaugural release of such a strategy through an API.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/09/2560x1440-9.jpg" class="kg-image" alt loading="lazy" width="2000" height="1125" srcset="https://p2p.org/economy/content/images/size/w600/2023/09/2560x1440-9.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2023/09/2560x1440-9.jpg 1000w, https://p2p.org/economy/content/images/size/w1600/2023/09/2560x1440-9.jpg 1600w, https://p2p.org/economy/content/images/size/w2400/2023/09/2560x1440-9.jpg 2400w" sizes="(min-width: 720px) 720px"></figure><p><strong>Why Opt for API-Enabled High APY?</strong><br></p><p>Using our Staking API cuts through the complexities of Polkadot staking. By integrating into our API, we offer developers and seasoned users the tools to automate, simplify, and refine their staking approaches, exclusively available with P2P.ORG. We pave the way for developers and advanced users to automate, streamline, and optimize their staking endeavors. </p><p><strong>Benefits of Employing Our High APY:</strong></p><ul><li><strong>Higher APY</strong>: Approximately 22% APY - higher than average network APY</li></ul><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/09/P2PPolkaAPR.jpg" class="kg-image" alt loading="lazy" width="2000" height="1125" srcset="https://p2p.org/economy/content/images/size/w600/2023/09/P2PPolkaAPR.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2023/09/P2PPolkaAPR.jpg 1000w, https://p2p.org/economy/content/images/size/w1600/2023/09/P2PPolkaAPR.jpg 1600w, https://p2p.org/economy/content/images/size/w2400/2023/09/P2PPolkaAPR.jpg 2400w" sizes="(min-width: 720px) 720px"></figure><ul><li><strong>Automated Rewards</strong>: Daily payouts for both rewards and cashback.</li><li><strong>Optimized Strategy</strong>: Our strategy automatically rebalances your stake to the most profitable validators minutes before each election.</li><li><strong>Client Service:</strong> 24/7 dedicated tech team and high industry infrastructure with  99% SLA uptime</li></ul><p><strong>Getting Started with API-Enabled High APR:</strong><br></p><p>Starting with our API-empowered High APY system is straightforward. After contacting us for the essential details and configurations, you'll embark on a user-friendly process designed for ease and efficiency. This workflow ensures you're set up quickly, allowing you to capitalize on enhanced staking returns.<br></p><p><strong>User Control &amp; Security:</strong><br></p><p>Through our API-enabled strategy that delivers high APY, you retain complete autonomy over all non-staking functionalities of your stash account. This ensures peace of mind and control. Our solution is conceived to be non-custodial, implying that only staking functions are reachable, assuring total asset security. Additionally, the entire procedure is wholly automated, negating the need for manual oversight and promising a fluid user journey.<br></p><p><strong>What's Next?</strong><br></p><p>Our unwavering dedication to pioneering unparalleled, user-centric, and fortified staking solutions is epitomized by our unique high APY strategy on Polkadot in our API. As P2P.ORG continues its legacy of innovation, stay tuned for more game-changing features to redefine your staking adventure.<br><br><strong>Connect with our dedicated support team on Telegram <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>.</strong></p>

Kamil Jakub Natil

from p2p validator

P2P.org Joins Chainflip as Launch Validators for Institutional Stake Growth

<p>We're elated to unveil our collaboration with Chainflip, a pioneering protocol to reshape how value transfers occur between blockchains. As Chainflip's genesis validator, P2P.org enters the scene from the inception of the mainnet, bringing with us a legacy of exceptional security features and staking acumen to simplify institutional onboarding for staking solutions. <br></p><p>Chainflip, being a Substrate-based chain, aligns well with our extensive experience as a leading validator on Polkadot/Kusama for more than three years. This experience underscores our capability to fulfill Chainflip's vision as their genesis validator. We are poised to offer secure validator services to enhance the decentralization of the operator set further.<br></p><p>Embracing our vast experience across over fifty blockchains, we're geared to reinforce Chainflip's ambition for a holistic, decentralized Web3 landscape, bringing our unparalleled security features and staking expertise to the table, amplifying Chainflip's vision of a decentralized and composable Web3 ecosystem. <br></p><p><strong>About Chainflip</strong><br></p><p>Chainflip aims to revolutionize the crypto landscape by addressing the limitations of centralized exchanges, which have long dominated value transfers between different blockchains. Building upon the foundational AMM ideas popularized by Uniswap, Chainflip's protocol extends this to a multi-chain environment.<br></p><p>Chainflip is laser-focused on a mission that resonates with us at P2P.org: to offer not just an alternative but a superior option to centralized exchanges for cross-chain asset swaps. The goal is ambitious but highly achievable via a two-fold approach:<br></p><ol><li><strong>Develop the Best Cross-Chain DEX Technology:</strong> Chainflip is committed to building top-tier decentralized exchange technology with a user-centric focus.</li><li><strong>Forge Partnerships with Aligned Entities:</strong> A core part of Chainflip's strategy is collaborating with entities that share their vision, as these partnerships will expedite the adoption of cross-chain solutions.<br></li></ol><p>The ethos of Chainflip aligns beautifully with our own mission at P2P.org—creating a decentralized open financial system for all. We're taking a leap towards realizing this vision by merging Chainflip's groundbreaking cross-chain technology with our robust infrastructure and staking services.<br></p><p>This partnership is an important milestone for both Chainflip and P2P.org as we move toward a future that eliminates the barriers to asset transfer between blockchains, thereby democratizing access to various financial services in a secure, non-custodial manner.<br></p><p><strong>Chainflip's technology is designed to be:</strong><br></p><ul><li><strong>Wallet and Chain Agnostic:</strong> No specific wallet or blockchain requirements.</li><li><strong>Non-Intrusive:</strong> This does not require native chains to make underlying consensus or infrastructure changes.</li><li><strong>Gas-Efficient: </strong>Off-chain computations to minimize on-chain costs.</li><li><strong>No 'Wrapped' or Synthetic Assets:</strong> Transparent transactions without any post-swap exposure.</li><li><strong>Developer-Friendly:</strong> Easily integrated into other products via simple RPC calls or the Chainflip SDK.<br></li></ul><p><strong>Security and Non-Custodial Staking</strong><br></p><p>We share Chainflip's commitment to decentralization and security. Our integration ensures that staking through Chainflip will uphold our stringent security measures, including 100% slashing protection and multiple levels of fail-safes. In the unlikely event that P2P.org faces any challenges, users will retain the ability to unstake their assets seamlessly, maintaining complete control over their digital assets.<br></p><p><strong>Unlocking New Possibilities</strong><br></p><p>This alliance aligns perfectly with Chainflip's ultimate goal of enabling programmatic swapping across all major blockchains. Together, we're making strides toward a future where users can easily, securely, and permissionlessly trade assets across multiple chains, breaking free from the constraints of centralized exchanges.<br></p><p>We are excited to contribute to this promising project and can't wait to see how this partnership evolves. Stay tuned for more updates and features as we gear up for Chainflip's network launch!</p>

Kamil Jakub Natil

from p2p validator

P2P.org's Collaboration with Obol Network: Pioneering a New Age of ETH Staking

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

Kamil Jakub Natil

from p2p validator

P2P.org to Support Vara Network as Core Validator

<p>P2P.org is thrilled to extend our support for Vara Network, a L1-network built on the top of Gear Protocol. This step reflects our unwavering commitment to nurturing innovation within developer communities and facilitating easy and efficient access to decentralized technologies.</p><p><strong>Vara Network: Transforming Blockchain Development</strong></p><p>Vara Network is built on the top of Gear Protocol technology, a Substrate based smart contract platform which presents a familiar environment for developers, allowing them to create innovative dApps for all industries</p><p>Here are the key highlights of Vara Network:</p><ol><li><strong>Robust Operation and Scalability</strong>: Vara leverages Gear Protocol's technology stack and implements sharding to divide its network into smaller "shards." This approach significantly enhances network scalability as Vara continues to expand.</li><li><strong>Message Delay Functionality</strong>: Vara Network allows users to schedule and execute actions at specific times in the future. This capability proves invaluable for various applications, including decentralized finance (DeFi) and time-sensitive operations.</li><li><strong>Smart Contracts Powered by Substrate</strong>: Vara Network relies on Substrate's framework for its smart contracts, ensuring a solid foundation for decentralized applications.</li><li><strong>Gas Reservation Mechanism</strong>: Vara introduces a gas reservation mechanism, allowing users to allocate computational gas for their transactions in advance. This ensures the prioritized execution of critical transactions, promoting efficiency and timely processing.</li></ol><p><strong>Gear Protocol: Streamlining Smart Contracts with WebAssembly</strong></p><p>Gear Protocol represents a pivotal moment in smart contract development. It provides developers with a Substrate-based platform that streamlines the creation and deployment of decentralized applications (dApps).</p><p>Let's explore the features of Gear Protocol:</p><ul><li><strong>The Actor Model:</strong> Gear Protocol adopts the Actor Model, where each program functions as an independent "actor." These actors process and transmit messages asynchronously, guided by their unique logic. This architecture enables parallel processing, allowing multiple tasks to run concurrently, thereby enhancing scalability and efficiency.</li><li><strong>Persistent Memory:</strong> This feature ensures data accessibility. Persistent memory guarantees the secure preservation of critical data, enhancing network reliability and resilience.</li></ul><p>"Gear Protocol and Vara's groundbreaking approach bridges Web2 and Web3 seamlessly. By simplifying development and enabling focus on messaging, it accelerates blockchain adoption. Vara simplifies the transition from Web2 and Web3 with its features, eliminating complexities and propelling blockchain into the mainstream." - Aleksandr Tishin, Data Analyst at P2P.org</p><p>As one of the first validators and one of the largest non-custodial staking providers, P2P.org plays a pivotal role in securing and advancing the blockchain industry. With a track record of safeguarding over $1.5 billion in assets, our commitment to the blockchain ecosystem is unwavering. We excel in conducting comprehensive due diligence on digital assets, providing top-tier staking opportunities, and establishing valuable partnerships across the DeFi landscape.</p><p>At the core of our mission is the shared vision of an open and decentralized future for all. We firmly believe in the power of decentralized technologies to drive positive change and innovation. Our support for projects like Gear Protocol and Vara Network underscores our dedication to developer communities, simplifying development processes, and fostering easy access to decentralized solutions. As we continue to forge ahead, our strengths as a company lie in our unwavering commitment to the blockchain industry's growth, security, and accessibility, aligning with a world where blockchain technology transforms industries and empowers individuals worldwide. Together with others in the ecosystem, we strive to build a more inclusive and decentralized future that benefits everyone.</p>

Kamil Jakub Natil

from p2p validator

Effortless ETH Staking: P2P.org and SSV Team Up to Simplify Institutional Participation

<p></p><h3 id="introduction"><strong>Introduction</strong><br></h3><p>Since 2018, we have dedicated ourselves to creating the pinnacle of secure staking solutions, especially within the Ethereum ecosystem. As of June 2023, our operations span over 50 networks, managing staked assets exceeding $1.6B. Recent enhancements to our Platform bolster our enterprise-level staking service, enabling easy integration for custodians, wallets, and neo-banks through a streamlined API. P2P.org stands as a vanguard in the drive for non-custodial staking at the institutional level, consistently pioneering methods to boost its widespread acceptance.<br></p><p>We're now pleased to announce further enhancements as P2P.org and SSV Network are collaborating to bring an upcoming integration of SSV distributed validators staking within the P2P.org staking platform. This enhancement will become a significant milestone for us, making it easier for institutions to manage their portfolio of digital assets and staking strategies utilizing DVT technologies.<br></p><h3 id="dvt-the-institutional-bridge"><strong>DVT, the institutional bridge</strong><br></h3><p>Our vision is to provide institutional investors, their preferred custodians, and B2B wallets with a single integration point to the staking-related services.<br></p><p>We've been working closely with custodians, self-custody services, and wallets and collected the following understanding of their key concerns:<br></p><ul><li>Being risk-averse, a need for comprehensive controls for all the risks associated with staking, including counterparty and slashing risks, is needed.</li><li>They need the ability to use multiple staking providers based on the staker's preference and decentralization considerations.</li><li>They have little appetite for maintaining multiple integrations with these providers, so ease of use and integration are critical.<br></li></ul><p>DVT technology represents an excellent opportunity to create a compelling offer for institutional investors that would address these needs. Once integrated with SSV, the P2P.org staking platform will also receive an additional differentiation that will help its positioning as a single integration point across various staking services, including direct and liquid staking across multiple networks and DVT-based staking. <br></p><p>While many can only offer staking across various providers as a part of a liquid staking option, P2P.org will provide a unique opportunity to stake directly to multiple institutional node operators.<br></p><h3 id="considering-institution-requirements"><strong>Considering institution requirements</strong><br></h3><p>Institutional staking solutions need to reflect important aspects of how hedge funds, VCs, Family Funds, and other similar entities operate in various technical and legal environments:<br></p><ul><li>Funds are typically managed via custody, a B2B wallet, or a crypto-friendly bank.</li><li>These intermediaries would typically be very risk averse and require explicit controls for counterparty risk, slashing risk (e.g., insurance), and legal risk, including OFAC compliance with the MEV relays.</li><li>They would often employ highly skilled professionals requiring control of the specific MEV relays in use and access to quasi-real-time monitoring.<br></li></ul><p>With these points in mind, we envision the Platform built with the following approach:<br></p><ul><li>API first: building for easy integration with the custodians and wallets</li><li>Whitelisted node operator set: Pick the locations and partners that would be capable of supporting each specific institutional requirements</li><li>Built-in reporting capabilities for better tax reporting and rewards management for their specific jurisdictions<br></li></ul><h3 id="payment-simplification"><strong>Payment simplification</strong><br></h3><p>SSV Network operates on a tokenomics model where SSV tokens are essential for availing the validator services. On the other hand, institutional stakers are familiar with two prevalent fee structures: monthly billing and an automatic deduction of validator fees from their cumulative staking rewards. In the latter case, stakers receive slightly diminished rewards, for instance, 95% of the total if there's a 5% validator commission, ensuring a hassle-free payment process for the validator.<br></p><p>P2P.org will keep this arrangement as much as possible within the SSV integration, so we must navigate the discrepancy between the clients' preferred pay method and the SSV tokenomics model.<br></p><h3 id="only-trusted-operators-need-to-apply"><strong>Only trusted operators need to apply</strong><br></h3><p>Due to the Platform's emphasis on institutional needs and the additional demands this places on node operators, we anticipate that the Platform will function with a pre-approved list of node operators, at least in the immediate to medium future. The P2P.org team will oversee the management and integration of node operators, drawing from the expertise we've gained through various partnerships with similar technical requirements. <br><br>Essential criteria for node operators will encompass the following:<br></p><ul><li>Reputable providers with proven track records for managing large amounts of stake and working with institutions</li><li>High-performance track record, as measured by rated network or similar tools</li><li>Consent to operate with the standard SSV fees assigned by the Platform</li><li>Commitment to providing the infrastructure that would be diversified geographically, as well as client software-wise, and MEV relay-wise</li><li>Potentially, commitment to providing slashing insurance<br></li></ul><p>In the future, node operator participation can be opened to a broader group of node operators.</p>

Kamil Jakub Natil

from p2p validator

TheGraph The Graph: How can you migrate your delegation from Ethereum to Arbitrum

<h3 id="why-should-you-migrate">Why should you migrate?</h3><p>The Graph has decided to move the protocol to Arbitrum since gas fees are smaller for all operations there, including delegating &amp; claiming query fees.</p><p>Many query fees on Ethereum remained unclaimed as it was more expensive to claim than their value. As it is cheaper to claim them, delegators will finally have additional revenue to their stake with indexers.</p><h3 id="what-is-the-migration-schedule">What is the migration schedule?</h3><p>At the moment of writing, 5% of the total rewards of the protocol issuance happens on Arbitrum, while 95% of the rewards are still being distributed on Ethereum.</p><p>Sometime around September 10th, a shift to 25% / 75% distribution is expected.</p><p>If everything goes well, 2-4 weeks after that, the distribution will be changed to 50%/50%.</p><p>As soon as enough stake will migrate to Arbitrum, the distribution will change to 95% Arbitrum / 5% Ethereum.</p><h3 id="when-is-it-better-to-move-your-delegation">When is it better to move your delegation?</h3><p>We have prepared a dashboard to help you make data-driven decisions and maximize your revenue during migration.<br><br><a href="https://reports.p2p.org/superset/dashboard/153?ref=p2p.org">https://reports.p2p.org/superset/dashboard/153</a></p><p>We have prepared the best date for you to start the process on this dashboard.<br></p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/qUGx-xI_6MnHMqd4G5ckGvDX6uARjJQtN-YD_QivM-Cb-KteAGwpx6n-RPXY_PE_nJLddxTQbX4bduqsUP8qE9n4OT2BLarTN4LtblrZFiKWb9Gkj6eWdWMy-NaLXLEbnPAKtrjSUYKmovoXwPz3FLA" class="kg-image" alt loading="lazy" width="602" height="104"></figure><h3 id="how-was-this-date-picked">How was this date picked?</h3><p>Below the dates, you can see our currently opened allocations on both indexers. You get your rewards when we close those allocations. So, if the allocation is open for 20 days, those rewards are stored on the smart contract, and when we close the allocations, the rewards for these 20 days are assigned to your address. The recommended days are when you get most of the rewards from L1, thus making you ready to move to L2.</p><h3 id="will-my-unclaimed-rewards-be-transferred-as-well">Will my unclaimed rewards be transferred as well?</h3><p>Yes.</p><h3 id="how-can-you-start-the-migration-process">How can you start the migration process?</h3><ol><li>Go to <a href="https://thegraph.com/explorer?ref=p2p.org">https://thegraph.com/explorer</a> and connect the wallet with your current delegation in the top right corner.</li><li>Expand the menu in the top right corner and click on the overview button to look at the general stats of your activity within The Graph.</li><li>There, you will see a notification that gives you an option to start the migration process</li></ol><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/14C-CDwh80UFsHSiO3MOV9lrdpjuPSOhdUmY7pFe7pQwDKjMoerTcWP-szx0KdIazxtgGnVkRoqZhM5aTs7U7QzoDO-MhNMTT0kVtYMbgQrHVZcAA8ur09tsfRunqGeJNj57axOBLbmoeMAgV0Yf-Fw" class="kg-image" alt loading="lazy" width="602" height="220"></figure><p>4. Click on the Transfer Delegation button. You will end up on this page:</p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/QAx84LQZXVPlUVw9-j1a6q_xVv57os8qvZg8NrrzXnybM4PBbWeTPZC80xb3KtVdPEy-W3X5tnFzpHBiw2Vwlv0FypEXFkYUgM6w9mOPWuiwYxUxShMfy0ca4QoATOVJVu1ATS_hsKGnxBfbJ4O7Qk4" class="kg-image" alt loading="lazy" width="602" height="383"></figure><p>5. The Receiving Arbitrum One Wallet Address will be pre-filled with the same address as your current Ethereum wallet.</p><p>a) Make sure that you control that Arbitrum address!<br>If that is an EOA (a common wallet labeled as “Address” in etherscan), you are good to go unless you want to specify another wallet address.</p><p><strong>b) <strong><strong>IF YOU ARE USING SAFE OR OTHER SMART CONTRACT WALLET, THEN YOU PROBABLY NEED TO CHANGE THE ADDRESS IN THE RECEIVING ARBITRUM ONE WALLET ADDRESS</strong></strong></strong></p><p>   ! Your Safe Wallet is a SMART CONTRACT! Thus, you most likely don’t control this contract address on Arbitrum. So, change this field to the address you control! It can be another Safe or smart contract wallet on Arbitrum and a regular EOA address, but make sure you own it!</p><p>6. It is better to send some ETH to this wallet address via the official Arbitrum bridge <a href="https://bridge.arbitrum.io/?ref=p2p.org">https://bridge.arbitrum.io</a> if you don’t have ETH there to pay for gas. <em>Optional</em>: To ensure you control this wallet, you can make some transactions there, no matter which. Remember that the migration process can not be reverted, so sending the tokens to an address you do not control will lose them!</p><p>7. Push the transfer delegation button. Your transfer will be initiated.</p><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/MU3ceFGFV9DI_MDMwdSgBjzAQmSRux49rLytrVZwkvHopczlkRYwaKXAt6VES9v_x7kDP9kV3PaymD5XXtDkCD6Bn37D5WtLqRSJOi9t8CrKXDVFGGeIYAm7OeHfRbtM2wkJYzMJXHDFjDgtFD3VhhA" class="kg-image" alt loading="lazy" width="602" height="408"></figure><p><br>8. You will see the countdown appear. It is better to stay nearby as the network can have gas spikes, and some additional actions might appear on the left part of the screen. After the countdown reaches 0, the migration will be completed.</p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/HRE4texsUIJnS0Km0gVESmzpW2BsGn2PFq9RYSuupufPXwCnD4eknyVLY6XmXievJElDvHwWrXI77_1N7PM16dfU6DpWy9fFActnfu_Dbv0qai7lc7A-vFUa_kLNMECbhU0HtHoJk4rnnhfwQLCfzVw" class="kg-image" alt loading="lazy" width="602" height="332"></figure><p>There is also an official guide by The Graph Foundation with videos so that they might be helpful.<br><br>In any case, if you have any questions, feel free to ask them on our P2P telegram chat: <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p><p>And remember, no one from P2P.org or The Graph Foundation will DM you first! It is better to verify the identity of any person talking to you in the official telegram chat.</p><p><br><br></p>

Kamil Jakub Natil

from p2p validator

Beyond Boundaries, Large-Scale ETH Staking for Institutions

<p></p><p>As part of our ongoing effort to support Institutional demand and the needs of large ETH stakers, P2P.org has developed a new smart contract that allows true large scale stake of up to 12,800 ETH in a single transaction. (you can find the audit report by @MixBytes <a href="https://p2p.org/networks/ethereum/staking/audit.pdf?ref=p2p.org">here</a>).</p><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-text">smart contract address: <a href="https://etherscan.io/address/0x8e76a33f1aFf7EB15DE832810506814aF4789536?ref=p2p.org">0x8e76a33f1aFf7EB15DE832810506814aF4789536</a></div></div><p>This groundbreaking technology is just one of the many pillars supporting our innovative non-custodial staking platform. It allows users to have set fees agreed upon before you stake via MetaMask, Ledger &amp; Safe. <strong>This new feature allows true institutional staking without boundaries. </strong></p><p><strong>Breaking the industry norms which currently only allows a user to stake up to 3,200 ETH from a wallet in a single transaction.</strong><br><br>We received tens of questions about the purpose of the 3200 $ETH limitation. At that moment, we realized how inconvenient that standard was. It needed to be fixed. The service is meant to be simple and user-friendly!<br>Imagine: You want to stake 12 thousand ETH and you used to have to make 3 transactions. You pay for gas. Plus, it is especially inconvenient if you have multisig.  Less transactions - better. It's easy to make mistakes and lose money when you're signing the fifth transaction in a row<br><br>We have solved these problems. Now we have truly institutional stake feature. 12k ETH per one transaction. One click staking. It should be as simple as that.<br><br>But truly institutional staking means something else. It’s big. True. But it’s <strong>SIMPLE AND FAIR</strong>, too!</p><p>Unlike others, we won't overcharge you as your Ethereum rewards grow. Our fee is precisely agreed upon, on-chain. You won't be overpaying and it allows you to stake confidently with all the clarity.</p><p>Context: There are two revenue streams in Ethereum, consensus rewards for performing validators duties like attestations and execution rewards for proposing blocks (the last one part includes MEV as well).  And popular approach nowadays is to place proxy smart contract witch accumulates executions layer rewards (EL) and charge some % - like 25-35% from EL rewards. It's simple one.</p><p>BUT proportion between CL / EL rewards isn't stable. Our research shows that while you paying 30% from EL it quals 8% from total rewards in average. BUT since you may be lucky and get more blocks to create / large MEV you are at risk to be overcharged and pay up to 10-11% fee from total rewards. </p><p>That's not fair! It's difficult to choose the staking option while you don't know which exact conditions you are agree on. 8% or 11%? </p><p>So we created the oracle that knows how many CL rewards you got and calculate how many $eth we should charge you from El rewards in order to get exact % from total rewards. With P2P you will pay exact percent we agreed on. No less, no more.</p><p>You need this type of convenience and safety when staking large amounts of $ETH!</p><p><strong>We've reimagined large-scale ETH staking, simplifying the process and offering considerable savings in both time and money. </strong><br><br>Where others might vary their fees or give complex conditions, we stick to clarity and transparency. Our smart contract ensures that the exact % agreed upon is charged from your rewards. No hidden fees. No ambiguity. Only absolute transparency.</p><p><strong>How P2P.org is simplifying Institutional staking</strong></p><p>For our users, you can now manage and stake upto 12,800 ETH within one single session, providing a seamless user experience. You'll also notice enhanced functionalities, accommodating the 12.8k ETH deposit smart contract, ensuring a smoother user experience.</p><p>Additionally, our personalized dashboard is crafted with the user in mind, centralizing all vital data in an intuitive interface, making asset management truly effortless. Moreover, our comprehensive reporting capabilities let you delve deep into your staking history. Track rewards, assess strategies, and glean insights using a multitude of data points, ensuring you're always in the driver's seat of your digital journey.</p><p>At P2P.org, we remain committed to ensuring true ownership of a user's digital assets and providing users with a genuine decentralized non-custodial staking experience. With this in mind, we always aim to be ahead of the curve, bringing innovative solutions and products to our ever-growing platform. With the introduction of our new smart contract, we've taken a significant step in ensuring that institutional staking is efficient and user-friendly. </p><p><strong>Key Takeaways:</strong></p><ul><li>Efficiency: Reduce operational overheads by cutting down the number of transactions needed.</li><li>Transparency: No more ambiguous fees. You're charged the exact agreed-upon percentage, ensuring clarity and trust.</li><li>Flexibility: Available on the most trusted and popular non-custodial staking wallets, MetaMask, Ledger &amp; Safe Wallet.</li><li>Forward-Thinking: Designed with future smart contract upgrades in mind, ensuring longevity and adaptability.<br>Ready to elevate your staking game? <strong><em><a href="https://p2p.org/networks/ethereum?ref=p2p.org">Stake now or Book Call</a></em></strong></li></ul>

Vladislav Kurenkov

from p2p validator

Polkadot, Kusama, Staking Fee Update for Polkadot & Kusama Networks

<p>Since our inception, P2P Validator has been a staunch supporter of the Polkadot network, continuously striving to offer top-tier validation services. Our suite of developed products empowers nominators, making it convenient for them to manage their investments and gain insights into their staking returns.</p><p>Our commitment to the Polkadot network and its canary network, Kusama, remains strong, and we see immense long-term potential. However, as these networks grow and evolve, so do the challenges associated with maintaining their robustness.</p><p>To keep pace with these developments and ensure that we can sustainably deliver the quality and reliability you've come to expect, we will be implementing a fee revision.</p><p><strong>Upcoming Commission Rates from August 25, 2023:</strong></p><ul><li><strong>Polkadot (DOT)</strong>: Our commission will be adjusted to <strong>4.5%</strong>.</li><li><strong>Kusama (KSM)</strong>: Our commission will be set at <strong>15%</strong>.</li></ul><p>These modifications are essential for us to remain agile, enhance our services, and further contribute to the development of both the Polkadot and Kusama networks.</p><p>We understand that fee adjustments can raise concerns, and we assure you that this decision wasn't made lightly. It's a necessary step to ensure the continued excellence of our services and the prosperity of the Polkadot and Kusama networks as a whole.</p><p><strong>What's next for P2P Validator?</strong>The road ahead is filled with promise and challenges alike. With your unwavering support and our combined efforts, we are confident in accelerating the growth and capabilities of both networks.</p><p>A heartfelt thank you to all our nominators for your continuous backing and trust. Together, we'll forge ahead toward a brighter, more decentralized future!</p><p><strong>Exclusive Offer for 20,000+ DOT Holders</strong></p><p>For those who have staked 20,000 DOT or more, you can take advantage of our P2P rebalancing service. This tailored service not only ensures you're getting the most out of your stake but also outperforms with returns that are up to 20% higher than the network's average.</p><p>For a deeper dive into what we offer for Polkadot stakeholders, please visit <a href="https://p2p.org/networks/polkadot?ref=p2p.org">https://p2p.org/networks/polkadot</a>.</p><p>Queries or thoughts? Our <strong><a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a></strong> is always open for conversations. We prioritize open communication and look forward to hearing from you.</p>

Alex Tishin

from p2p validator

P2P.org Joins SSV Network as Mainnet Verified Operator: Enhancing Ethereum Staking with DVT

<p></p><p><strong>Introduction</strong><br></p><p>P2P.org, are excited to reveal our latest collaboration as a validator - stepping into the influential role of Mainnet Verified Operator for the SSV Limited Mainnet Launch. This significant stride enables us to directly contribute to the implementation of Distributed Validator Technology (DVT) and bolster Ethereum's decentralized staking landscape.<br></p><p><strong>P2P.org as SSV Network Mainnet Verified Operator</strong><br></p><p>P2P.org’s involvement in SSV network as a Mainnet Verified Operator (MVO) isn't just a mere participation; it's an active contribution to shaping the future of decentralized validation inline with our vision for a more decentralized future for all. <br></p><p>Currently, the SSV Network is in a limited launch, where only verified operators are contributing to the launch, and stakes originate from the SSV core team. This phase ensures that the system undergoes rigorous testing and refinement, laying the foundation for a more extensive and inclusive public launch.<br></p><p>The public launch is set for an early Q4 launch, but several crucial steps must be completed to ensure that the SSV Network is ready for widespread use such as the essential process of bringing validators onto the network. This step is pivotal in building the network's strength and readiness for public participation. After that, P2P.org will analyse the performance within the network to see where improvements can be made as a validator. Our relentless focus on excellence during this period sets us apart and will play a key role in defining our contribution to the SSV Network.<br></p><p>As a MVO, P2P.org &amp; SSV Network are set to redefine Ethereum staking with the integration of DVT into the P2P.org platform. This integration propels our value proposition to institutional investors, framing us as the go-to platform for a diverse suite of staking services. <br></p><p>Ethereum staking, historically, has posed a daunting challenge to those wanting to set up  validator infrastructure, due to its necessity for niche knowledge and extensive time commitment to manage validators. Consequently, many stakers prefer to delegate the staking process to infrastructure providers like us. While this approach has proved fruitful on other networks, Ethereum's staking process continues to be intricate. DVT strives to resolve these intricacies, instilling trust and bolstering security by decentralizing validator responsibilities and key management duties among multiple operators.<br></p><p>P2P.org's status as a Mainnet Verified Operator with SSV Network is due to several key assessment criteria, notably, operations experience such as being active for over 90 days in testnet, above average performance, client diversity and runs nodes on other chanis. P2P.org meets this criteria and our experience has been reinforced by our successful testing on the Jato v1 testnet, and subsequently, the Jato v2. The latter serves as the current testnet and the last pitstop before the mainnet. Our readiness for the mainnet launch, in terms of infrastructure and operator performance, is impeccable. Our performance statistics reflect our standing as one of the top performers among SSV operators, as seen here: <a href="https://goerli.explorer.ssv.network/operators/30?ref=p2p.org">https://goerli.explorer.ssv.network/operators/30</a>.<br></p><p>As we prepare for the mainnet launch, we're eagerly looking forward to the integration of Maximum Extractable Value (MEV) by the SSV team. This is the final piece of the puzzle that will complete our DVT offering and boost its functionality. The integration of MEV will ensure optimal staking performance and profitability, cementing our position as a frontrunner in the DVT revolution.<br></p><p>Our progress and readiness underscore our commitment to providing innovative staking solutions, promising a smooth transition into the new era of decentralized staking. <br></p><p><strong>DVT and the Future of Decentralization</strong><br></p><p>DVT enhances Ethereum's security and optimizes staking operations. The architecture of Ethereum's staking requires each validator node to lock 32 ETH as collateral to earn rewards. The node's collateral can be slashed as a penalty for unethical behaviors such as transaction manipulation. However, slashing is typically due to operational risks including poor key management or failing to sign transactions. DVT mitigates these risks by improving validator redundancy.<br></p><p>The trustlessness of the staking process, an essential feature of blockchain technology, is also enhanced by DVT. Although the traditional outsourcing of staking to infrastructure providers is non-custodial, there is still an inherent level of trust required. DVT reduces this need for trust by distributing key management duties and validator responsibilities.<br></p><p>For investors beginning with ETH staking, the limited diversification in terms of setup and providers can be discouraging. DVT addresses this concern by enabling clients to diversify their staking provider portfolio, thus reducing operational risks.<br></p><p><strong>P2P.org's Core Values as a Mainnet Verified Operator</strong><br></p><p>As a Mainnet Verified Operator, we pledge to uphold our core values, summarized by the acronym STATS:<br></p><p>Security: We prioritize the protection of your staked assets and personal data. Our non-custodial staking capabilities and secure infrastructure ensure maximum security and performance.<br></p><p>Transparency: We commit to maintaining transparency in our actions and governance decisions. We share all pertinent financial and project-related data with our community.<br></p><p>Asset Rewards: We aim to maximize value and high returns for our clients by leveraging our industry expertise to support successful networks and execute smart governance.<br></p><p>Technology: We pride ourselves on our comprehensive knowledge of supported staking networks and our high-performing staking infrastructure, which boasts an average network uptime of over 99%.<br></p><p>Smart Governance: We firmly believe in decentralization and the potential of blockchain to form the digital world's foundation. We represent your interests within each network when you're unable to do so.<br></p><p>By embracing the role of Mainnet Verified Operator and leveraging DVT's benefits, we look forward to fostering a more secure, efficient, and decentralized Ethereum staking ecosystem. As we embark on this journey, we thank you for your continued trust and support. Join us as we chart the path to a more robust and resilient staking experience for Ethereum.<br></p><p><strong>What does this mean for the future of staking?</strong><br></p><p>ETH staking inherently involves risks associated with dependence on a single provider. While the provider performs staking operations, the staker can face significant operational risks, as well as slashing penalties inherent in the Ethereum network's staking mechanism. At P2P.org, we have always strived to minimize these risks with slashing protection that offers maximum staking coverage, and now with DVT, we can extend this protection further to our clients.<br></p><p>Our protective measures include an 80% slashing coverage as default and an option for a 100% slashing coverage. For clients staked with 320+ ETH, we ensure coverage of slashed amounts from our fund limited by 12 months of P2P-related service fee, in the unfortunate event of a slashing occurrence. Our insurance covers 80% of slashing incidents with a higher limit of $3.5M, while a premium plan provides 100% coverage with no limits. To date, we have a record of zero slashing events and offer five technical levels of slashing protection along with customized slashing coverage options.<br></p><p>DVT offers an innovative approach to tackle these risks by enabling users to diversify their staking provider portfolio. This strategy dramatically reduces the impact of downtime or failures associated with a single provider, making DVT a compelling proposition for institutional adoption of ETH staking.<br></p><p>From a security standpoint, DVT reimagines staking by partitioning the staking private key, storing different segments with various providers, thus thwarting unauthorized access. It also mitigates the risk of validator mismanagement leading to slashing penalties and loss of staked ETH. It achieves this by distributing the duties of a single validator amongst a network of nodes that must reach consensus before signing any message, significantly improving validator redundancy and slashing protection.<br></p><p>While operating ETH staking validators, achieving a balance between performance and security often poses a challenge. Slashing penalties are a constant threat, while compromised keys pose significant security risks. DVT addresses these concerns by enhancing resilience against failures, attacks, and operational risks, effectively optimizing both performance and security.<br></p><p>Furthermore, DVT's influence on staking Annual Percentage Rate (APR) is encouraging. Early tests suggest that DVT setups can match the validator effectiveness of traditional setups, with the prospect of even further improvements on the horizon. DVT setups with SSV and Obol have demonstrated reliable and accurate attestations, underscoring the effectiveness and potential of DVT.<br></p><p>In conclusion, DVT is an influential tool in transforming the staking process, reducing risk, and enhancing performance and security. As we continue to advocate for and adopt DVT, we invite you to join us on this thrilling journey towards a new era of decentralized staking.<br></p>

Richard Bagshaw

from p2p validator

New Product: P2P.org's Staking API

<p></p><p>P2P.org is thrilled to announce the release of our latest feature, the Staking API. </p><p>Our new product lets you kickstart robust staking solutions as part of your own product offering, backed with comprehensive analytical tools, providing unparalleled insights into staking activities and volumes. </p><p>Additionally, powerful dashboards, enriched with granular data, enabling informed decision-making and better strategies for your teams. These analytical capabilities simplify tax and financial obligations, ensuring compliance while keeping you on top of your staking strategy for your users. Let's jump into some of the key features.<br></p><p><strong>A Gateway to Robust Infrastructure</strong><br></p><p>P2P.org's Staking API isn't just a new feature to our already robust portfolio of tools and services. It's a gateway to a high-performance validator infrastructure for your business. Staking API offers a seamless avenue to stake assets on our industry leading platform.<br></p><p><strong>Unsurpassed Security</strong><br></p><p>Security is always our number one priority. We've designed the Staking API with security measures that surpass industry norms, stringent Service Level Agreements (SLAs), comprehensive slashing protection, and various insurance options. Additionally, we've gone a step further by creating a unique insurance bundle that combines traditional insurance policies, blockchain-based alternative insurance, and an internal P2P.org treasury fund, providing optimal protection for your stakes.<br></p><p><strong>Simplicity at Its Best</strong><br></p><p>Staking API is user-friendly and readily accessible, thanks to comprehensive documentation, multi-language code examples, and a straightforward workflow. We've taken extensive measures to simplify staking, enabling easy navigation of the DeFi ecosystem.<br></p><p>You can review the API documentation here: <a href="https://docs.p2p.org/docs?ref=p2p.org">https://docs.p2p.org/docs</a> <br></p><p><strong>Unparalleled Support</strong><br></p><p>We're committed to delivering excellent customer service at P2P.org. With dedicated private Telegram chat support and round-the-clock node monitoring, we're always here to assist you on your staking journey and integration requirements to get you set up with ease.<br></p><p><strong>Tailored Staking Strategies</strong><br></p><p>With our Staking API, you can customize your staking strategy to suit your unique needs. Advanced node configuration lets you define node requirements, location, MEV relay, and much more. This flexibility enables a personalized staking experience tailored to your preferences and helps you build a tailored staking strategy to meet regulatory needs in an ever changing environment.<br></p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/BjYDwz4hMQ8c1cAtVbZ64PoqjvWCsjCVOL883p9P52W0V0vW0LRoYfuoDF4zwox-5UPBVKfeNqURqlLi4zZo1UwWTIAAyGx9iGPFVszBgpNpnCEi_NKmItXC1D1pZlrGZr_nOwPEUiI7_mko_kqY-SA" class="kg-image" alt loading="lazy" width="568" height="358"></figure><p><strong>Comprehensive Analytical Tools</strong><br></p><p>In the age of big data, having comprehensive analytical tools at your fingertips can be a game-changer. Our Staking API delivers just that. Its insightful dashboard provides granular data about your staking activities and total volume, supported by real-time monitoring via our Data API. This powerful feature keeps you informed about the status of your assets at all times, allowing you to make data-driven decisions.<br></p><p><strong>Easy Integration for Greater Innovation</strong><br></p><p>For busy teams, time is always of the essence and a valuable commodity to any company. That's why we've designed our Staking API for quick and easy integration. Our thorough API documentation includes multiple code examples to expedite your integration process. Easy-to-follow guides allow your development team to get to grips with our integration requirements easily and efficiently.<br></p><p>Staking API isn't only about ease of use, it's also about flexibility. A single integration allows clients to streamline all their networks, saving substantial time and resources. This added convenience accelerates your product offering, letting you focus on business goals and growth.<br></p><p><strong>The Future of Staking</strong><br></p><p>Our mission is to propel a decentralized future, rooted in our conviction that custodians, wallets, and exchanges should not just observe, but actively participate in this transformational era for both crypto-native and traditional finance businesses. By providing a platform that opens a gateway to the immense potential of staking, we're enabling you to take a pivotal role in shaping the future of decentralized finance. With our Staking API, you can provide staking services to your customers, diversify your staking strategies, increase your revenue streams, and simplify integration processes across different networks.<br></p><p>With P2P.org's Staking API, we are elevating the staking space, providing an all in one solution that is powerful, secure, easy to use, and adaptable to your needs. We invite you to join us on this exciting journey as we continue to shape the future of staking, turning passion into performance at P2P.org. <br></p><p>To discover more, please book a demo with our team <a href="https://p2p.org/products/api?ref=p2p.org#contact-us">https://p2p.org/products/api#contact-us</a> <br><br><br><br></p>

Richard Bagshaw

from p2p validator

Everything you need to know about Neon EVM

<p>A virtual machine functions like a physical computer, allowing applications and operating systems to be run on it. The largest smart contract development platform, the Ethereum Virtual Machine (EVM), utilizes the computational power of a network of nodes distributed worldwide.<br></p><p>The Ethereum network is by far the biggest and most popular smart contract network, so there is immense utility in developing EVM-compatible applications. By creating an EVM-compatible blockchain, a lot of developer attention can be captured, allowing some of these dApps to be ported over from the Ethereum network.<br></p><p>Neon EVM is an Ethereum virtual machine on Solana, developed by Neon Labs, that allows Ethereum-based smart contracts and dApps to take advantage of Solana native functionalities. <br></p><p><strong>Neon EVM</strong><br></p><p>The Ethereum virtual machine (EVM) does not exist as a tangible machine but as an entity maintained by all the nodes running the Ethereum client. More than a decentralized ledger typically used to define blockchains, the EVM defines the rules by which changes happen from block to block. In essence, the EVM functions as a decentralized computer which allows smart contracts to exist on the Ethereum Network. From DeFI to games and other dApps in the ecosystem, the EVM allows these to function.<br></p><p>While Ethereum bolsters the biggest on-chain economy of any blockchain, gas fees and transaction speeds can be counterproductive to the development of its ecosystem. In comparison, Solana allows users to transact at low cost and at faster rates thanks to its ability to process transactions in parallel. A highly optimized EVM chain can process up to 1,500 transactions per second (TPS), whilst Solana can reach upwards of 50,000 TPS.</p><p>One of the challenges when developing a blockchain ecosystem is attracting developers to work on it. The difference in programming languages and developing tools used by both chains makes porting popular Ethereum-based applications to the Solana network a difficult task. By making Solana EVM compatible, Ethereum developers can make use of their already existing code base and expertise on the Solana network.<br></p><p><strong>How does Neon EVM work?</strong><br></p><p>Neon EVM is an on-chain solution that works by wrapping Ethereum-like transactions into Solana transactions and then sending them to the Solana network. One of Ethereum's limiting factors is how transactions are processed. Solidity smart contracts need to be executed sequentially so that only one contract at a time can modify the blockchain state.</p><p>In contrast, Solana allows for parallel execution of transactions through a functionality called Sealevel, which uses as many cores as are available to the validator. Because Solana transactions describe all the states a transaction will read or write during its execution, they can be processed in parallel, thus avoiding unwanted overlaps.<br></p><p>Neon EVM enables any Ethereum native application to run on Solana without requiring any changes to its codebase. Developers can continue to write smart contracts in Solidity, and users can continue to use MetaMask. Anyone using Neon EVM can port over Ethereum transactions to Solana. This approach allows popular applications such as Uniswap, Curve and MakerDAO to be built natively on Solana with much less friction and resources. This reduces development requirements and time savings while granting access to Solana's large liquidity. <br></p><p><strong>What are Neon EVM key features?</strong><br></p><ul><li>For each Solana token, an <strong>ERC20 SPL-Wrapper</strong> contract can be deployed and Ethereum wallets such as Metamask can be used to transfer funds in Solana tokens.</li><li>The <strong>ERC20 SPL-Bridge</strong> can generate a Solana token representing the corresponding ERC20 token in the SPL-token contract.</li><li>Neon EVM operators can be paid in an ERC-20 token designated by the user for completing transactions, which adds an extra layer of flexibility.</li><li>Gas consumption is done according to Ethereum rules.</li><li>Neon EVM keeps track of any hard forks and upgrades on Ethereum and Solana. This is a crucial aspect since any potential changes to the network codebase could be disruptive.<br></li></ul><p><strong>Neon Web3 Proxy</strong><br></p><p>Neon EVM Proxy operators are key players in the Neon EVM ecosystem. They run special servers, known as Neon Proxies, that enable Ethereum-based applications (dApps) to function seamlessly on the Solana network with minimal reconfiguration. The primary task of a proxy operator is to set up and manage these Neon Proxy servers. They provide an interface that accepts transactions formed according to Ethereum rules, transform Ethereum-like transactions into a series of Solana transactions, and ensures these transactions are successfully executed on the Solana network, enabling dApps to benefit from the speed and efficiency of the Solana network.<br></p><p>Neon EVM proxy operators are crucial in enabling Ethereum-based applications to run smoothly on Solana's network. As they manage Neon Proxy servers, they incur transaction costs on Solana, paid in lamports, for executing the Solana portion of Neon EVM users' transactions. To compensate for these costs, Neon EVM automatically retrieves an equivalent amount of ERC-20 tokens from the users plus a small additional fee, which is shared between the operators and the Neon treasury. Initially, users will only pay these fees in Neon tokens, but as per the project roadmap, they will eventually be able to choose from any supported ERC-20 tokens. While these fees are minimal from a user's perspective, they can accumulate to a significant sum for proxy operators, depending on the number of Neon EVM users and their activity level. Therefore, this fee structure covers the operational costs of the proxy operators and serves as a revenue stream for the Neon proxy operators and the Neon DAO treasury, making it a pivotal part of the Neon EVM economy.<br></p><p><strong>Why is P2P.org working with Neon Labs?</strong><br></p><ol><li>P2P.org endorses Neon EVM and supports its crucial role as a proxy operator, enabling Ethereum-like transactions to be efficiently executed on the Solana network. Recognizing the importance of cross-compatibility, P2P.org provides a robust infrastructure to facilitate the smooth operation of the Neon EVM, thereby ensuring seamless interaction of Ethereum-based applications on the Solana network.</li><li>P2P.org backs Neon EVM as it empowers Ethereum developers to build brand-new blockchain products, only possible on Solana, with much less friction and resources using familiar tools, such as Ethereum wallets and Solidity smart contracts. We believe that Neon EVM widens Solana's appeal, stimulates advanced dApp development, and fuels broader network adoption and evolution of DeFi space. In promoting competition across networks, P2P.org aims to drive the creation of superior end-user products.</li><li>Aligning with P2P.org's mission to increase blockchain technologies adoption and enhance user's DeFi experience, Solana-based Neon EVM's high throughput, low transaction costs, and user-friendly features, such as choosing a wrapped ERC-20 token for fee payment bring more flexibility, adaptability, speed, and a superior user experience to the blockchain ecosystem.<br></li></ol><p><strong>How Neon EVM could benefit the Solana ecosystem</strong><br></p><ul><li><strong>Drives liquidity</strong>: Neon EVM could create an additional inflow of liquidity to Solana, enhancing the robustness of its financial ecosystem.</li><li><strong>Expands user base</strong>: bringing existing large Ethereum DeFi protocols to Solana can significantly increase its user base, enabling users to leverage their established understanding of these protocols in a new environment.</li><li><strong>Promotes cross-compatibility:</strong> Neon EVM, by transforming Ethereum-like transactions for execution on the Solana network, contributes to enhancing the cross-compatibility between different blockchain protocols. This fosters a more interconnected and efficient blockchain ecosystem, paving the way for a more cooperative future in the decentralized world.</li><li><strong>Enhances dApp development</strong>: it enables the development of new high-load and sophisticated dApps on Solana using familiar tools. This opens up new possibilities for applications that can leverage Solana's high transaction speed and low costs.</li><li><strong>Boosts developer flexibility</strong>: Neon EVM provides more flexibility for smart contract developers, enabling them to deploy Ethereum-compatible applications on Solana without altering their codebase.</li><li><strong>Enables scalability: </strong>by leveraging Solana's ability to process transactions in parallel, Neon EVM provides an environment where Ethereum applications can be deployed and scaled effectively. This enhancement in performance is opening new avenues for the existing Ethereum protocols to operate at greater capacities.<br></li></ul><p><strong>Projects that are supporting Neon EVM</strong></p><ol><li>Sobal: Sobal is a project focused on forking the Balancer V2 protocol for deployment on Neon EVM. After thorough testing on Devnet, Sobal is advancing to the Neon EVM on Solana Mainnet.</li><li>Elk Finance: As a decentralized cross-chain liquidity network, Elk Finance enables users to conduct token trades and earn rewards.</li><li>Lever Finance: Acting as a multifunctional decentralized platform, Lever Finance offers leveraged trading, liquidity provision, farming, lending, and borrowing in the DeFi ecosystem.</li><li>Thetanuts: Thetanuts Finance is a front-runner in DeFi structured products protocol designed to generate diverse, organic yields. The platform caters to DAOs for treasury management and aids retail traders in earning organic yields on their assets.</li><li>DxSale: DxSale, a decentralized launchpad, can conduct token crowd sales with zero coding. It offers features such as presale setup and decentralized locking.</li><li>Protofire (Safe): Protofire, a development partner of Gnosis Safe, has helped develop the technology behind Gnosis Safe Multisig—a customizable Ethereum-based crypto wallet. This wallet allows access to DeFi apps and secure asset management through multi-signature confirmation requirements.</li><li>Robonomics: Robonomics is a unique open-source platform for IoT applications. It facilitates the exchange of technical and economic information through atomic transactions among user applications, IoT services, and robotics.</li><li>Kana Labs: Kana Labs offers a DeFi super app designed to demystify DeFi for all users. The app allows users to send/receive tokens, swap, stake, lend, and borrow across multiple blockchain networks such as Solana, Aptos, Neon, and Polygon.</li><li>xDAO: xDAO provides an easy-to-use platform for creating and managing decentralized autonomous organizations (DAOs) and the joint management of crypto assets.</li><li>Moraswap: MoraSwap, the first automated market maker (AMM) built on Neon EVM, brings high-speed, low-cost transactions to its users.</li><li>Powerpool: Powerpool is a unique protocol that allows governance token (GT) holders to lend, pool, borrow GTs, and generate income from it.</li><li>GhostNFT: GhostNFT is at the forefront of the NFT 2.0 standard, which enables asset-backed NFTs. This includes features such as sustainable NFT royalties backed by tangible assets and additional revenue streams for NFT collection creators.</li><li>Yin Finance: YIN Finance is a versatile NFT liquidity management platform. It allows users to utilize the project's strategy for effective high-yield liquidity management across different public chains and decentralized exchanges.</li><li>Poolz Finance: Poolz Finance is a decentralized swapping protocol empowering startups and project owners with the ability to auction their tokens to bootstrap liquidity.</li><li>Math Wallet: Math Wallet is a comprehensive, multi-platform cryptocurrency wallet that supports storage for all major blockchain tokens.</li><li>Etherspot: Etherspot offers an Account Abstraction SDK, promoting a seamless Web3 user experience. It caters to the needs of decentralized applications, game, and wallet developers through its multi-chain, self-custody smart contract wallet platform.</li><li>Zerion: Zerion Wallet is a secure, open-source, non-custodial cryptocurrency wallet. It acts as a Web3 Crypto Wallet with NFT and DeFi Portfolio Tracker.<br></li></ol><p><strong>How to start using Neon EVM?</strong><br></p><p>NEON token is necessary to make transactions in the Neon EVM as it is used as gas required for covering the Neon EVM transaction fees (more tokens will be supported in the future), so ensure you have enough NEON tokens for your planned activities. Here's an instruction on how to get Neon tokens and transfer them to Neon EVM:<br></p><p>1. <strong>Purchase NEON tokens</strong>: buy NEON tokens from CEXes such as Gate.io, ByBit, or CoinList.</p><p>2.<strong> Transfer NEON tokens to a Solana-compatible wallet</strong>: create or open a Solana-compatible wallet like Phantom / Solflare / Key App and copy the wallet address. Withdraw NEON from your CEX wallet to the Solana wallet following the instructions provided by the CEX platform.</p><p>3. <strong>Setup an EVM-compatible wallet</strong>: install an EVM-compatible wallet like MetaMask in your browser and set up your wallet:<br></p><p><em>Option A: Automatic Setup with Chainlist.org</em></p><ol><li>Install MetaMask extension and create a wallet.</li><li>Go to <a href="https://chainlist.org/?search=Neon+EVM+MainNet&testnets=false&ref=p2p.org">https://chainlist.org/?search=Neon+EVM+MainNet&amp;testnets=false</a>.</li><li>Click "Connect Wallet" to allow Chainlist to automatically select the Neon Proxy operator for you or choose an operator you prefer from the dropdown list and click the "Connect Wallet" link near its RPC server address.</li><li>Follow MetaMask prompts to connect.</li></ol><p><em>Option B: Manual Configuration</em></p><ol><li>Install MetaMask extension and create a wallet.</li><li>In MetaMask, click the circle in the top right and select "Settings".</li><li>Select "Networks", then "Add Network".</li><li>Fill in the fields:</li></ol><ul><li>Network Name: "Neon EVM MainNet"</li><li>New RPC URL: use one of the Neon Proxy operators RPC server addresses that you can find on Chainlist by expanding the dropdown list: <a href="https://chainlist.org/?search=Neon+EVM+MainNet&testnets=false&ref=p2p.org">https://chainlist.org/?search=Neon+EVM+MainNet&amp;testnets=false</a>.</li><li>We recommend using P2P.org's RPC server address as one of the most reliable options: <a href="https://neon-proxy-mainnet.solana.p2p.org/?ref=p2p.org">https://neon-proxy-mainnet.solana.p2p.org</a></li><li>Chain ID: 245022926</li><li>Currency Symbol: NEON</li><li>Block Explorer URL (optional): <a href="https://neonscan.org/?ref=p2p.org">https://neonscan.org</a></li></ul><p>5. Click "Save".<br></p><p>4. <strong>Use NeonPass to transfer NEON to Neon EVM</strong>: once the NEON tokens are in your Solana-compatible wallet, use the NeonPass (<a href="https://neonpass.live/?ref=p2p.org">https://neonpass.live</a>) transfer interface to move your tokens to Neon EVM. You can cover the transaction cost in NEON or SOL tokens. After completion, your funds will be available on the Neon EVM network, i.e., in your EVM-compatible wallet.<br></p><p>5. <strong>Start Using NEON on Neon EVM</strong>: now that your NEON tokens are in your EVM-compatible wallet on the Neon EVM, you can start using them for transaction costs or other uses in the Neon EVM ecosystem (you will be able to interact with the protocols deployed on the Neon EVM via corresponding dApps using Metamask). You can find the protocols that are supported by Neon EVM here: <a href="https://neonfoundation.io/ecosystem?ref=p2p.org">https://neonfoundation.io/ecosystem</a></p>

Richard Bagshaw

from p2p validator