Current Staking Yields (8/14/2019)
What’s New on Staking
1.CoinTelegraph Published Top Staking Projects of the Crypto World Today: Report
The report is based on INDX’s analysis of the top-10 proof-of-stake (PoS) blockchains based on the expected yield of their tokens. The tokens appear in order, from one to 10, based on the expected yield, as predicted by INDX’s proprietary algorithm.
2. InfStones Provided EOS Block Producer CertiK with Infrastructure Support
InfStones’ strategic partner CertiK, one of the world’s most advanced blockchain cybersecurity companies, is now an official EOS block producer.
InfStones has integrated CertiK into the infrastructure platform, provided CertiK with infrastructure support. InfStones is also among the first 10 validators of CertiK TestNet.
InfPool Launches Realtime Estimated Staking Rewards Calculator
InfPool, the voting revenue management product for independent investors powered by InfStones, has launched a realtime estimated staking rewards calculator on its website.
To calculate, users can go to infpool.com, select a coin they want to stake by clicking on the triangle button next to “STAKE”, and fill in the blank in the expanded menu with expected staking amount. The estimated daily rewards will show automatically on the same page.
To learn more, please go to www.infpool.com.
PoS Webinar Series
InfStones Hosts Proof-of-stake Webinar Series “PoS Forum”
InfStones recently introduced a webinar series “PoS Forum”. Guest speakers such as PoS blockchain project founders, experts from node service providers and venture capitals join the webinar for weekly discussions about PoS and staking economy.
In the past three webinars, “PoS Talk” invited Bytom founder and CEO Xinxing Duan, CertiK co-founder and Assistant Professor of Columbia University CS faculty Ronghui Gu, as well as Harmony co-founder and CTO Rongjian Lan. These guests discussed topics such as PoS ecology, mechanism, and outlook.
Staking — Frequently Asked Questions
What is Staking and Staking Economy?
Staking was born out of the POS (Proof of Stake) consensus mechanism. It is a unique action in the PoS consensus. The cryptocurrency holder actively participates in the network system through staking, protects the network security and also implements the rights related to the cryptocurrency.
Unlike PoW (Proof of Work) where miners rely on computation-based mining, the crypto tokens in Staking mode act like virtual ASIC miners. POS miners rely on token staking to maintain network security, package transaction information, participate in community governance, and gain equity reward when the system issues additional tokens.
Staking Economy is a service and product derived from PoS. Similar to the daily purchase of various financial products, some large organizations will host the project nodes, and the customers will give their tokens to the Staking node for custody. As a result, the customers will collect rewards from staking their tokens. Therefore, Staking as a Service (StaaS) has gradually emerged as a new business.
Who is staking?
Today there are 3 main types of players in the entire staking industry:
First: Cryptocurrency exchanges;
Second: StaaS service providers;
Third: Investment funds, which mainly refers to some investment funds within the blockchain industry which provide services for the projects they invest in.
Of course, some universities and research institutions also participate in staking.
PoS requires more of the customers’ “trust”, instead of just letting the machine determine the “right to speak.” Therefore, in addition to the three main categories, Staking customers currently also include some universities and research institutions. Some research-based universities do not participate in operation and maintenance on their own, so they hand their crypto assets over to StaaS for escrow.
What can I get in staking?
The role of staking is similar to the daily purchase of various financial products. Some large organizations will host the project nodes, and the customers will give their tokens to the Staking node for custody and collect rewards from staking their tokens.
For example, EOS issues an additional 1% of tokens per year. If you don’t participate in Staking, it is equivalent to a 1% depreciation every year. This does not include the fluctuations in the token price itself.
If the investors are optimistic and plan to HODL cryptocurrencies for a long time, then they need to use Staking for “interest” to prevent the depreciation of their cryptocurrencies caused by external inflation.
InfStones is built by senior cloud service and blockchain teams in Silicon Valley, USA. It has super nodes elected in well-known DPoS public chains including EOS, TRON, VeChain, Ontology, Elastos, IoTeX, Loom, GXChain, Bytom, etc., and mining nodes deployed in well-known PoS public chains including IRISnet, Cosmos, Tezos, Algorant, IOST, etc.
According to Staking Reward’s ranking of Digital Asset Staking Services, InfStones ranks the 3rd in the world. It is the super PoS mining pool that covers the vast majority of PoS mainstream public chains.
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