Cardano (ADA) staking with Mobile Application is available. Besides, Web Wallet’s new functionality to import ADA from Daedalus wallet is introduced.

Today, Moonstake announces that its signatured product, Mobile Wallet, now supports Cardano’s cryptocurrency ADA, one of top 10 cryptocurrencies by market cap. In addition to Moonstake Web Wallet, which provides user-access to ADA staking since last month, users can have more flexibility through their mobile application for staking, sending, receiving and storing ADA.

Along with Cardano Shelley Mainnet launch in July, Moonstake soon deployed the staking functionality with Web Wallet that makes Moonstake one of the first cryptocurrency wallets to support ADA in the world. Moonstake Web Wallet has also continuously updated its features to enhance the user experience, and  the most recent update of Moonstake Web Wallet includes importing ADA from Daedalus Wallet to Moonstake!

Moonstake is an advanced technology company with specific focuses on blockchain and staking technologies to build Asia’s Biggest Staking Network. Moonstake was established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets.  Signature products include Moonstake Web Wallet along with Moonstake Mobile Wallet（iOS / Android) enabling full staking functions and to be an all-in-one gateway for users to maximize the usage and potential of cryptocurrencies. Currently, Moonstake’s staking pool supports Cosmos, IRISnet, Ontology, Harmony, Tezos, QTUM and Cardano thereby providing current users with the flexible option to adopt staking purposes and become an all-in-one gateway for users to maximize usage and potentials of cryptocurrency,

As many wallets only support a limited range of cryptocurrencies, users are forced to switch between wallets to manage their assets and processing staking and get rewards which is remarkably inconvenient. In order to solve that issue, Moonstake Wallet provides a one-stop staking solution.  Users can send, receive, stake and get reward through the wallet. At the same time, it will allow users to access a varios assets in preventing from downloading different wallets per each coin and over 2000 coins and tokens with one single pass phrase. Assets stay in the user’s existing wallet, so no need to worry about their account being hacked from the platform and private keys & passphrases are encrypted and stored in the user’s local device. 

The Simple ADA staking procedure is as follows:

How to Stake Cardano (ADA) via Mobile 

1. Moonstake mobile wallet download (iOS/Android) *For new users
2. Add ADA Shelley with “Add New Asset”
3. Submit ADA to Moonstake Mobile Wallet
4. “Start staking” The minimum staking amount is 5 ADA

How to Stake Cardano (ADA) via PC

1. Register your mobile Moonstake wallet (https://wallet.moonstake.io) *For new users
2. Add ADA Shelley with “Add New Asset”
3. Submit ADA to Moonstake Mobile Wallet
4. Click the “Start Staking” button and stake with a minimum amount of 5 ADA

 (Staking is supported on these browsers for the PC:  Chrome, Edge, Firefox, and Opera).

How to import ADA from Daedalus wallet to Moonstake:

1. Download Daedalus Wallet via link: https://daedaluswallet.io/en/download/
2. Install and sync blockchain data 
3. Go to Moonstake Web Wallet ->manage wallet ->click dropdown list and select “Import Daedalus Wallet”
4. Input wallet name and sending password > go to “next”
5. Insert 24 passphrase that you have set for Daedalus Wallet
6. Click migrate and transfer button 

Important Notification: 

• If your Daedalus wallet balance is less than 1 ADA, the migration will not operate. 
• If you receive funds in your Daedalus wallet, the funds will not appear on Moonstake web wallet unless the same receiving address is utilized.
• Daedalus wallet can generate new receiving addresses, Moonstake web wallet does not support this feature. 
• When migrating Daedalus wallet, Moonstake web wallet will migrate your current Daedalus wallet balance into a single address.  

By pressing the unstake button, you can immediately take out the coins which you staked or “locked” on the network. There is a set period for unlocking each blockchain. But, in the case of ADA, there is no lock period setting, so it can be taken out freely, at any time. 

For more information about Cardano and ADA staking, please visit

https://moonstake.io/ada/

Have questions about staking?  

Please Visit our website for FAQ

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies. 

Moonstake aims to create the largest staking pool network in Asia, a robust environment for the cryptocurrency holders is one of its missions. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia’s burgeoning Distributed Ledger Technology (DLT) ecosystem. partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan’s biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company. Industry’s reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake’s innovative journey.

https://www.moonstake.io/ 

We are pleased to announce that Moonstake and Binarystar entered into a strategic partnership with TZ Ventures from South Korea accelerating industry adoption of staking within Tezos’s ecosystem. 

Moonstake is an advanced technology company with specific focuses on blockchain and staking technologies to build Asia’s Biggest Staking Network. Moonstake was established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets.  Signature products include Moonstake Web Wallet along with Moonstake Mobile Wallet（iOS / Android) enabling full staking functions and to be an all-in-one gateway for users to maximize the usage and potential of cryptocurrencies. Currently, Moonstake’s staking pool supports Cosmos, IRISnet, Ontology, Harmony, Cardano, QTUM and supports Tezos thereby providing current users with the flexible option to adopt Tezos for staking purposes. 

Moonstake users have the ability to use their Tezos Asset (XTZ) to earn rewards through its website based staking pool. With Tezos, the active community will be able to stake their coins on the Moonstake platform. Unlike other cryptocurrencies to stake, if you have more than 1 XTZ, you can get connected with a validator and are eligible to receive rewards. To perform staking with Moonstake, you need to create an account and stake at Moonstake Web Wallet. At this time, the transaction fee will be charged.  Rewards are automatically handed out based on the tokens you have in your wallet. The entire quantity held in the wallet will continue to be staked. You are free to send and receive tokens in your wallet at any time, even while staking. There is no lockout period.

TZ Ventures incubates early stage blockchain startups based on Tezos. They provide support to projects building on Tezos and venturing into equity financing. They mainly incubate projects on Tezos and aim to build real business use cases of blockchain technology. They run a regular program that assists startups with office space, technical support, mentoring, marketing, partnerships, fund-raising and more.

Tezos is a technology for deploying a blockchain capable of modifying its own set of rules with minimal disruption to the network through an on-chain governance model. Unlike Bitcoin, Tezos does not rely on mining (Proof of Work), but instead utilizes a Proof-of-Stake based consensus model. At Tezos, all stakeholders can participate in managing the protocol. The selection cycle offers a formal and systematic procedure for stakeholders to agree on proposed protocol changes. By combining this in-chain mechanism with self-change, Tezos can change this initial selection process to adopt better management mechanisms as soon as it is realized. At Tezos, all stakeholders can participate in managing the protocol. The selection cycle offers a formal and systematic procedure for stakeholders to agree on proposed protocol changes. By combining this in-chain mechanism with self-change, Tezos can change this initial selection process to adopt better management mechanisms as soon as it is realized.

Moonstake will work closely with Jaywon Lee, Director of TZ Ventures and Diego Olivier Fernandez Pons, Scientific Advisor of TZ Ventures. 

Jaywon Lee, Director of TZ Ventures:

Jaywon is the Director for TZ Ventures which is a Tezos-centric incubator for start-ups seeking to use the Tezos blockchain protocol. TZ Ventures helps start-ups to achieve technical, business and organizational milestones during the intensive incubation program to prepare for the demo day. He is also a business school professor and teaches accounting and entrepreneurship in the undergraduate, MBA and corporate programs. He has extensive experience in establishing and incubating start-up companies which span a wide spectrum of industries (AR/VR, bio/medical, blockchain, cybersecurity, De-Fi, E-commerce, entertainment, fin-tech, green energy, logistics, mobile health and prop-tech) in multinational locations (Chile, France, Hong Kong, Korea, Qatar, Saudi Arabia, Singapore, Taiwan, Thailand, UAE, UK, US and Vietnam). He is also an author of a best-selling IT book in Korea titled, “How to become a blockchain company”. He earned his BS at U.C. Berkeley, completed the MS program at Purdue University and received his PhD at Columbia University.

Diego Olivier Fernandez Pons, Scientific Advisor of TZ Ventures:

Diego Olivier Fernandez Pons has been advising Tezos on scientific topics since 2014. He is a founding board member of the Tezos Foundation. While he was a board member of the Tezos Foundation, he created the Tezos R&D Labs (Nomadic Labs), launched the scientific partnerships between Tezos and scientific institutions like INRIA and IMDEA (French and Spanish research institute in computer science), he created the Tezos Foundation grant program. He also helped the creation of 4 Tezos Foundations in Asia (Japan, Korea, China and Singapore). He is today scientific advisor of TzVentures.

Moonstake’s partner Binarystar will also support marketing efforts for this partnership and both companies by event organization and local community development on staking technology and blockchain adoption. This partnership will create synergies by jointly driving blockchain staking activity and accelerating industry adoption of staking within Tezos’s ecosystem. 

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Staking adopts Proof of Stake (PoS) as a type of consensus algorithm which allows cryptocurrency holders to increase the likelihood of receiving block rewards from its block validation transaction. It brings together the ability to stake and ultimately distributes block rewards based on contribution. Moonstake develops a staking pool protocol and provides business services through partners and companies. Staking is expected to help elevate the blockchain technology and work for decentralization.

https://www.moonstake.io/ 

About TZ Ventures

TZ Ventures incubates early stage blockchain startups on Tezos. They provide support to projects building on Tezos and venturing into equity financing in South Korea. They mainly incubate projects on Tezos and aim to build real business use cases of blockchain technology. They run a regular program that assists startups with office space, technical support, mentoring, marketing, partnerships, fund-raising and more.

https://www.tz.ventures/

About Binarystar Co. Ld: 

Binarystar Co. Ltd. is a leading Japanese incubation platform with Japan’s biggest Blockchain business hub in the heart of Tokyo. It has multiple proprietary outlets to promote blockchain businesses to companies throughout Japan and East Asia and operate as a consulting body to accelerate business in such areas. 

https://binary-star.business/

We are pleased to announce that Moonstake and Infinito have entered into a strategic partnership to bring the staking economy to the hands of people. Infinito Wallet will integrate with Moonstake to enable staking for all assets operated in Moonstake’s staking pools. 

This partnership will open a door for Infinito Wallet users to directly stake through Moonstake staking pools and earn rewards without any hassle process. This strategic partnership will create the synergies by jointly driving staking activity and accelerate industry adoption of the staking ecosystem. Besides, both parties will conduct joint research on DeFi products.

Moonstake is an advanced technology company with specific focuses on blockchain and staking technologies to build Asia’s Biggest Staking Network. Moonstake was established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets.  Signature products include Moonstake Web Wallet along with Moonstake Mobile Wallet（iOS / Android) enabling full staking functions and to be an all-in-one gateway for users to maximize the usage and potential of cryptocurrencies. Currently, Moonstake’s staking pool supports Cosmos, IRISnet, Ontology, Harmony, Cardano, QTUM and Tezos thereby providing current users with the flexible option to adopt staking purposes. 

Our strategic partner, Infinito Wallet unlocks the power of investing and trading of top cryptocurrencies. It provides a safe place for every user to manage and grow their crypto wealth, and enjoy decentralized finance. Infinito Wallet has been growing with over 30,000 active users globally and millions of USD in cryptocurrencies being managed on the wallet by the user community. Infinito Wallet is frequently ranked amongst the best wallets for crypto communities in the world such as one of the best wallets for EOS, ADA, ETH, ONT, best crypto Wallet & DAPP Browser and more.

Infinito Wallet was one of the first mobile wallets on the market to support services and assets on BinanceChain, ADA, EOS and many more top-tier blockchain protocols. Top leading blockchain service providers and various protocol have joined Infinito ecosystem to offer benefits and advanced features to the community, and boost the expansion of the crypto ecosystem such as Binance, Tomochain, Neo, EOS, Ontology, IRIS, IOHK for Cardano, Holdex, Kybernet work, FIO with over 50+ leading Dapps and services. 

Furthermore, dApps browser for interacting with the DeFi ecosystem within the wallet by providing nativie exchange feature with Changelly exchange, peer-to-peer way to buy Bitcoin with 167 fiat currencies through over 300 payment methods at great prices with Paxful (peer-to-peer BTC market place), buy crypto with debit & credit card with the best rate with Simplex and more. Through the expansion of its partner network, Infinito Wallet wants to make crypto investment easy for mass adoption. 

As a leading blockchain tech provider, Infinito has also released the Infinito Blockchain Platform (IBP for short), a comprehensive all-in-one blockchain platform for businesses, developers and academia to seamlessly make use of a wide variety of blockchain-based functionality in one place. It enables easy development of decentralized apps using APIs. Businesses can also choose from various turnkey SaaS, modules, services, and solutions periodically to their needs. Infinito invites blockchain developers and technology companies around the world to aboard IBP and create a value-driven blockchain ecosystem through which anyone utilizing, or looking to utilize blockchain can succeed.

Mitsuru Tezuka, CEO at Moonstake says:

“Infinito Wallet offers safe and easy access to various blockchain-powered services. With the strong collaboration between Moonstake and Infinto, both of our ecosystems can provide the best services to both the community and entire blockchain industry, We are looking forward to our upcoming integration.”

Jack Nguyen, Director at Infinito Wallet says:

“We are excited to partner with Moonstake, which is committed to creating Asia’s biggest staking pool network so Infinitors and Moonstake users can enjoy a perfect blockchain and staking experience. We believe that this partnership further boosts the Defi ecosystem and grows the wider blockchain community together.”

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies. 

Moonstake aims to create the largest staking pool network in Asia, a robust environment for the cryptocurrency holders is one of its missions. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia’s burgeoning Distributed Ledger Technology (DLT) ecosystem. partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan’s biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company. Industry’s reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake’s innovative journey.

https://www.moonstake.io/ 

About Infinito Wallet

Infinito Wallet is a leading decentralized finance wallet for crypto users, serving as a gateway for users to maximize usage and potential of their cryptocurrencies. Being a safe place for people to start investing and earning money with cryptocurrencies, Infinito Wallet provides a seamless and educational onboarding process for newbies as well as a comprehensive feature list that enables people to buy, sell, trade, stake, lend and secure their crypto fund. The goal Infinito Wallet wants to achieve is to make cryptocurrencies easy for people to adopt and enjoy.

https://www.infinitowallet.io/

Moonstake users now have the ability to use their QTUM to earn rewards through its website based staking pool. With QTUM, the active community will be able to stake their coins on the Moonstake web wallet platform.

Founded in 2016, QTUM, a cryptocurrency that uses a consensus algorithm called Offline Staking, was released by the QTUM Foundation, a non-profit software development organisation in Singapore. QTUM launched various applications and softwares on blockchain that have been integrated into open developer offerings from Amazon Web Services’ China and Google Cloud Platform. QTUM combines Ethereum’s smart contract functionality with bitcoin’s security to create a suitable platform for adoption by large organizations to solo developers.

Moonstake is an advanced technology company with specific focuses on blockchain and staking technologies to build Asia’s biggest staking network. Moonstake was established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Signature products are Moonstake Web Wallet along with Moonstake Mobile Wallet（iOS / Android), enabling full staking functionality and an all-in-one gateway for users to maximize the usage and potential of cryptocurrencies. Currently, Moonstake’s staking pool supports Cosmos, IRISnet, Ontology, Harmony, Tezos, and most recently Cardano.

QTUM recently released news about their hard fork, which has been scheduled to activate at block height 680,000, with an estimated date of August 28, 2020. No new coins will be created by the hard fork. Regardless of this Hard Fork, Moonstake web wallet will support QTUM, and users can stake with one click. 

In order to get rewards by staking QTUM with Moonstake Wallet, users are to hold QTUM in your Wallet. Only UTXOs (Unspent Transaction Outputs), which are greater than 100 QTUM and only mature coins will be staked. Rewards will be distributed to you immediately when you get selected to create the block. Since rewards are automatically distributed from the blockchain, there is no need to “claim rewards”. You are free to send and receive tokens in your wallet anytime, even while staking. There is no lockout period. 

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies. 

Moonstake aims to create the largest staking pool network in Asia, a robust environment for the cryptocurrency holders is one of its missions. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia’s burgeoning Distributed Ledger Technology (DLT) ecosystem. partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan’s biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company. Industry’s reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake’s innovative journey.

https://www.moonstake.io/ 

About QTUM

Qtum is an open-sourced public blockchain platform, leveraging the security of UTXO model while enabling multiple virtual machines including EVM and soon the revolutionary x86 VM. Qtum is PoS based and boasts a Decentralized Governance Protocol (DGP) allowing specific blockchain settings to be modified by making use of smart contracts. 

https://qtum.org/en

-Today, Moonstake announced a partnership with Ruby Capital and RAMP DEFI to take the next step for DeFi integration and expansion of the DeFi ecosystem.  

Moonstake is an advanced technology company with specific focuses on blockchain and staking technologies to build Asia’s biggest staking network. Moonstake was established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Signature products are Moonstake Web Wallet along with Moonstake Mobile Wallet (iOS / Android), enabling full staking functionality and an all-in-one gateway for users to maximize the usage and potential of cryptocurrencies. Currently, Moonstake’s staking pool supports Cosmos, IRISnet, Ontology, Harmony, Tezos and most recently Cardano.

RAMP DEFI is a decentralized finance solution that focuses on unlocking liquid capital from staked digital assets. Jointly, Moonstake and Ruby Capital would engage RAMP DEFI to bring its high quality services across Asia. On August 23, 2020, the firm announced that it raised over $1 million from Alameda Research, ParaFi Capital, Arrington XRP Capital and other leading funds, with over 10 institutional investors, to deliver its “liquidity on-ramp” solution. RAMP DEFI has already partnered with IOST and Elrond as their Ecosystem Partners, with more to be announced.

Ruby Capital is a Singapore-based licensed venture capital fund manager focused on investing in and working closely with innovative high-tech startups that promote social and industrial development, and sustainable returns on investment for investors with regional exposure in China, Southeast Asia, Japan and South Korea. The firm focuses on artificial intelligence, data analytics, Fintech and consumer technology innovations, distributed ledger technologies, extended reality, quantum computing and other advanced technologies.

Last, the partners will leverage Moonstake’s technical expertise and support to help develop staking and DeFi services inside of Moonstake’s Staking Platform.

Mr. Panjun Wang of Ruby Capital and Mr. Lawrence Lim of RAMP DEFI will both be joining Moonstake’s board of advisors. Briefly explaining, Mr. Panjun




Mitsuru Tezuka, Founder at Moonstake says: 

“We are thrilled to add Ruby Capital and RAMP DEFI to our roster of strategic partners, and importantly, we welcome Mr. Panjun and Mr. Lim to our board of advisors.  They will strengthen our team, our product offering, geographic reach, and add immense value to our ecosystem.”

Lawrence Lim, CEO at RAMP DEFI says:

“This strategic partnership with Moonstake and Ruby Capital provides a strong foundation for RAMP DEFI to successfully enter and gain traction throughout Asia. The synergies created will give us strategic competitive advantages in driving rapid market adoption.”

Mr. Lawrence Lim, CEO of RAMP DEFI, was the Managing Director of Hashed.Labs, a blockchain incubator that is an official partner of the Singapore government. Lawrence was also the Head of International Growth for IOST, a leading blockchain infrastructure protocol supported by Sequoia Capital, ZhenFund, Matrix Partners and other global investors. Prior to his move into blockchain, Lawrence had spent 5 years in leading financial institutions including JP Morgan, BNP Paribas and KPMG across asset management and corporate M&A functions. 

Panjun Wang, Director at Ruby Capital says:

“We take immense pleasure in leveraging our skills and network to enable Moonstake and RAMP DEFI to grow in Asian markets.”

Mr. Panjun Wang previously was the Vice President of Bibox  Exchange, a leading fintech venture provides  A.I.-enhanced digital asset exchange services. Prior to Bibox Exchange, PJ is Senior Investment Analyst of IP Investment Management, covering TMT,  Healthcare, Properties, and Education; Other tenures including  Bridge5 Asia, BCG Singapore, and J.P. Morgan. 

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Staking adopts Proof of Stake (PoS) as a type of consensus algorithm which allows cryptocurrency holders to increase the likelihood of receiving block rewards from its block validation transaction. It brings together the ability to stake and ultimately distributes block rewards based on contribution. Moonstake develops a staking pool protocol and provides business services through partners and companies. Staking is expected to help elevate the blockchain technology and work for decentralization.

Moonstake aims to create the largest staking pool network in Asia, a robust environment for the cryptocurrency holders is one of its missions. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia’s burgeoning Distributed Ledger Technology (DLT) ecosystem. Lately, partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan’s biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company and Quras, PundiX and Wanchain to create a more prosperous ecosystem together in asia. Industry’s reputed advisors, such as Lisk, Mr. Nizam Ismail, CEO of Ethikom Consultancy and Mr. Garlam Won, Head of Marketing at Harmony, support Moonstake’s innovative journey.

For more information, visit:

https://www.moonstake.io/ 

About RAMP DEFI

Backed by world-class investors, RAMP DEFI is a decentralized finance solution that focuses on unlocking liquid capital from staked digital assets. Using the RAMP solution, users with staked assets can continue to receive staking rewards, retain capital appreciation potential on their staked portfolio, and unlock liquid capital to invest into new opportunities at the same time. The addressable market for staked assets today is upwards of USD22bn, and as the industry leading solution, RAMP DEFI has a vision of unlocking USD1bn or more in “Total Value Unlocked (TVU)” for users by end 2021.

For more information, visit: https://rampdefi.com/

About Ruby Capital

Ruby Capital Pte Ltd., is a licensed venture capital fund manager regulated by the Monetary Authority of Singapore.  The team employs industrial professionals and specialists in Singapore, Japan and China.  Ruby partners with BinaryStar, Infinity Blockchain Group and others from China, Japan, South Korea, Singapore, and Europe with strong connections in Finance, IT Technology, Incubators, Education and Supply Chain industries.  Ruby capital invests in artificial intelligence, data analytics, Fintech, consumer technology innovations, distributed ledger technologies (DLT), extended realities, quantum computing and other high-potential innovations.

For more information, visit: https://rubycapital.sg/

Today, Moonstake announced the support of staking Cardano’s cryptocurrency ADA, one of top 10 cryptocurrencies by market cap, in Moonstake’s Web Wallet. After Cosmos, IRISnet, Ontology, Harmony and Tezos, Cardano became the 6th available coin on Moonstake Web Wallet.

Recently, Cardano launched the long-awaited Shelley Mainnet. The launch of Shelley has now brought about opportunities for ADA users to stake their ADA and help Cardano transition from a centralized, federated system to a fully decentralized one with delegated staking features & rewards incentives. Shelley is the most significant upgrade to Cardano since its inception, bringing about a new system architecture and an entirely new set of user functionalities.

Moonstake entered into partnership with Emurgo, a founding partner of Cardano protocol, on August 11, 2020. This partnership creates synergies by jointly driving blockchain staking activity and accelerating industry adoption of staking within Cardano’s ecosystem. Moonstake’s newly added ADA as a stakable coin promotes staking adoption of Cardano regionally and globally.

Moonstake Wallet is a universally advanced staking wallet that can store up to 2,000 cryptocurrency types and stake major coins. The Moonstake Wallet not only provides enterprise-grade security, but also a staking function to give users full control over their digital assets. Along with the launch of Shelley mainnet, Moonstake Wallet immediately started supporting ADA to receive, store and transfer ahead of major crypto wallets, and now ADA staking is onboard.

In this initial period of supporting ADA staking, only desktop browsers of Chrome, Edge, Firefox and Opera as well as browsers of Chrome and Firefox on Android allow users for staking. Users of Internet Explorer and Safari, and iOS mobile users are required to download available browsers on desktop for access.

    <from Cardano Github – Browser Compatibility>

Here’s a simple 3-step process to stake ADA on Moonstake Web Wallet:

1. Register your mobile Moonstake wallet (https://wallet.moonstake.io) *For new users
2. Add ADA with “Add New Asset”
3. Click the “Stake Now” button

The whole amount of ADA in your wallet will be staked although you can still send assets while you are staking. If your balance is less than 5 ADA, you will not be able to stake.

For more information about Cardano and ADA staking, please visit moonstake.io/ada

ABOUT MOONSTAKE PTE LIMITED

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Staking adopts Proof of Stake (PoS) as a type of consensus algorithm which allows cryptocurrency holders to increase the likelihood of receiving block rewards from its block validation transaction. It brings together the ability to stake and ultimately distributes block rewards based on contribution. Moonstake develops a staking pool protocol and provides business services through partners and companies. Staking is expected to help elevate the blockchain technology and work for decentralization.

Moonstake aims to create the largest staking pool network in Asia, a robust environment for the cryptocurrency holders is one of its missions. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia’s burgeoning Distributed Ledger Technology (DLT) ecosystem. Lately, partnership has been announced with  Ontology and NEO, Binarystar, Japan’s biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company and Quras, PundiX and Wanchain to create a more prosperous ecosystem together in asia. Industry’s reputed advisors, such as Lisk, Mr. Nizam Ismail, CEO of Ethikom Consultancy and Mr. Garlam Won, Head of Marketing at Harmony, support Moonstake’s innovative journey.

https://moonstake.io  

Moonstake users now have the ability to use their Tezos Asset (XTZ) to earn rewards through its website based staking pool. With Tezos, the active community will be able to stake their coins on the Moonstake platform.

Tezos is a platform suitable for smart contracts and decentralized applications, allowing network participants to get involved in the future direction of Tezos themselves. It is one of the top cryptocurrencies by market capitalization and has an extensive global network.

Moonstake Wallet is the world’s most advanced staking wallet that can store up to 2,000 cryptocurrency types and stake major coins.  The MS Wallet not only provides enterprise-grade security, but also a staking function to give users full control over their digital assets. Signature products include Moonstake Web Wallet along with Moonstake Mobile Wallet（iOS / Android) enabling full staking functions and to be an all-in-one gateway for users to maximize the usage and potential of cryptocurrencies. Currently, Moonstake’s staking pool supports Cosmos, IRISnet, Ontology, Harmony, Tezos, and will also support Cardano ADA soon.

In order to get rewards by staking Tezos, users are to hold XTZ in your Moonstake Wallet. Unlike other cryptocurrencies to stake, if you have more than 1 XTZ, you are automatically connected with a validator and eligible to receive rewards. Rewards are automatically handed out based on the tokens you have in your wallet. The entire quantity held in the wallet will continue to be staked. However, if you do not hold the minimum amount of 1 XTZ, you will not receive a reward. For this reason, there is no ability to stake only some tokens. You are free to send and receive tokens in your wallet at any time, even while staking. There is no lockout period.

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Staking adopts Proof of Stake (PoS) as a type of consensus algorithm which allows cryptocurrency holders to increase the likelihood of receiving block rewards from its block validation transaction. It brings together the ability to stake and ultimately distributes block rewards based on contribution. Moonstake develops a staking pool protocol and provides business services through partners and companies. Staking is expected to help elevate the blockchain technology and work for decentralization.

Moonstake aims to create the largest staking pool network in Asia, a robust environment for the cryptocurrency holders is one of its missions. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia’s burgeoning Distributed Ledger Technology (DLT) ecosystem. Lately, partnership has been announced with  Ontology and NEO, Binarystar, Japan’s biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company and Quras, PundiX and Wanchain to create a more prosperous ecosystem together in asia. Industry’s reputed advisors, such as Lisk, Mr. Nizam Ismail, CEO of Ethikom Consultancy and Mr. Garlam Won, Head of Marketing at Harmony, support Moonstake’s innovative journey. 

https://www.moonstake.io/ 

About Tezos

Tezos is a decentralized blockchain that governs itself by establishing a true digital commonwealth.

Tezos was built to facilitate formal verification, a technique that boosts the security of the most sensitive or financially weighted smart contracts by mathematically proving the correctness of the code governing transactions.  Also, an innovative consensus protocol, based on Liquid Proof of Stake, empowers all the users to contribute, to secure and to be reworded.

https://tezos.lu/

Moonstake users now have the ability to use their Harmony asset (ONE) to earn rewards through its website based staking pool. With Harmony, the active community will be able to stake their coins on the Moonstake platform.

Harmony is a fast blockchain with key innovations in state sharding and peer-to-peer networking. Its sharding uses secure proof-of-stake and decentralized randomness, and its networking achieves optimal cross-shard routing and fast block propagation. Currently there are 320 open validator slots, 80 on each shard, to validate new blocks. 

Now with Moonstake supporting Cosmos, IRISnet, and Ontology, Harmony will be its fourth coin to be staked. They are available in the Moonstake Mobile Wallet（iOS / Android) and Harmony that is supported in the Moonstake Web Wallet will be added to the Mobile Wallet soon.

【Staking Procedure】

The staking procedure for Harmony is as below:

1. MS Web Wallet registration (https://wallet.moonstake.io ) if you are new user
2. Add ONE at “ADD NEW ASSETS” 
3. Send ONE to Shard 0 of your wallet 

*For non-ONE holders, ONE can be purchased on major exchanges or  DeFi connected wallet

1. Begin staking. The minimum staking amount is 1,000 ONE

*The reward from ONE staking will be ONE as the policy of Harmony. 

*If you unstake, your ONE will be locked for approximately 1.5 days. The locking period is set by Harmony protocol and varies from project to project.

Moonstake and Harmony entered into the strategic partnership this year and agreed to the marketing activities together. Moonstake will organise several events with Harmony in the near future and the information will be posted on our social media. Apart from partnerships, Moonstake is now a member of Singapore FinTech Association and Blockchain Association Singapore. These engagements thrive to empower the community and the ecosystem.

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Staking adopts Proof of Stake (PoS) as a type of consensus algorithm which allows cryptocurrency holders to increase the likelihood of receiving block rewards from its block validation transaction. It brings together the ability to stake and ultimately distributes block rewards based on contribution. Moonstake develops a staking pool protocol and provides business services through partners and companies. Staking is expected to help elevate the blockchain technology and work for decentralization.

Moonstake aims to create the largest staking pool network in Asia, a robust environment for the cryptocurrency holders is one of its missions. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia’s burgeoning Distributed Ledger Technology (DLT) ecosystem. Lately, partnership has been announced with  Ontology and NEO, Binarystar, Japan’s biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company and Quras, PundiX and Wanchain to create a more prosperous ecosystem together in asia. Industry’s reputed advisors, such as Lisk, Mr. Nizam Ismail, CEO of Ethikom Consultancy and Mr. Garlam Won, Head of Marketing at Harmony, support Moonstake’s innovative journey.

https://www.moonstake.io/

About Harmony

Harmony is a fast and secure blockchain with key innovations in state sharding and peer-to-peer networking. Its sharding uses secure proof-of-stake and decentralized randomness, and its networking achieves optimal cross-shard routing and fast block propagation.

Harmony helps businesses build marketplaces of fungible tokens (such as energy credits and loyalty points) and non-fungible assets (such as game collectibles and real estate).

Harmony is applying zero-knowledge proofs for data sharing while preserving the consumer’s privacy. Common industry use cases include ad exchanges, credit ratings and many other data consortia that would otherwise take many years to form among competing companies.

Harmony recently launched on Binance and shipped Day ONE Mainnet. 

https://www.harmony.one/

We are pleased to announce that Moonstake has signed an MOU partnership with EMURGO, a global blockchain solutions provider & a founding entity of the Cardano protocol. This partnership will create synergies by jointly driving blockchain staking activity and accelerating industry adoption of staking within Cardano’s ecosystem. 

Moonstake is an advanced technology company with specific focuses on blockchain and staking technologies to build Asia’s Biggest Staking Network. Moonstake was established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets.  Signature products include Moonstake Web Wallet along with Moonstake Mobile Wallet（iOS / Android) enabling full staking functions and to be an all-in-one gateway for users to maximize the usage and potential of cryptocurrencies. Currently, Moonstake’s staking pool supports Cosmos, IRISnet, Ontology, Harmony, Tezos, and will also support Cardano ADA thereby providing current users with the flexible option to adopt ADA for staking purposes and increase the number of ADA users. Partnered with OIO Holdings – a publicly-listed Singapore-based company – to carry out active marketing activities across the region to boost its wallet and staking services, this partnership will also further broaden awareness of EMURGO and Cardano ADA.

EMURGO is a global blockchain solutions provider & a founding entity of the Cardano protocol, with strategic locations in Singapore, the USA, India and Indonesia. Being a pioneer in the space of blockchain, EMURGO enables pragmatic blockchain solutions for developers, startups, enterprises and governments by leveraging Cardano – a third-generation blockchain protocol driven by a research-first approach. EMURGO works closely with IOHK and the Cardano Foundation, to promote Cardano’s global adoption and growth of its ecosystem, by building, investing, and advising projects and organizations that adopt Cardano’s decentralized blockchain ecosystem. 

Recently, Cardano – the leading globally recognized proof-of-stake blockchain platform & the first to be founded on peer-reviewed research and developed through research-driven methods – launched the long-awaited Shelley Mainnet. The launch of Shelley has now brought about opportunities for ADA users to stake their ADA and help Cardano transition from a centralized, federated system to a fully decentralized one with delegated staking features & rewards incentives. Shelley is the most significant upgrade to Cardano since its inception, bringing about a new system architecture and an entirely new set of user functionalities.

Moonstake has already set up 3 initial validators in Cardano ADA pools for staking and more validators are to be added soon. During this initial period, the partnership will conduct a thorough technical evaluation in line with the upcoming full-scale implementation of these ADA staking pools to verify compatibility. A number of ADA holders and partners are committed to supporting Moonstake’s staking pools once its web and mobile wallets gain full functionalities. Soon, Moonstake’s ADA pool is set to become one of the biggest staking pools and users will be able to securely and easily participate in ADA staking pools.

Mitsuru Tezuka, CEO at Moonstake says:

“Cardano brings a new standard in technology – open and inclusive – to challenge the old and activate a new age of sustainable, globally-distributed innovation. We believe the partnership with EMURGO will create a new era of staking across Asia.”

Ken Kodama , CEO at EMURGO says:

“We are excited to partner with Moonstake, which is committed to creating Asia’s biggest staking pool network. We believe that this partnership further boosts Cardano’s decentralized blockchain ecosystem and grows the wider blockchain community.”

Hereunder, Moonstake’s ADA pool:

https://adapools.org/pool/30432a0b85b6f80b3e9cd356d8b76b9793f5530c91050c1688da4922

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Staking adopts Proof of Stake (PoS) as a type of consensus algorithm which allows cryptocurrency holders to increase the likelihood of receiving block rewards from its block validation transaction. It brings together the ability to stake and ultimately distributes block rewards based on contribution. Moonstake develops a staking pool protocol and provides business services through partners and companies. Staking is expected to help elevate the blockchain technology and work for decentralization.

Moonstake aims to create the largest staking pool network in Asia, a robust environment for the cryptocurrency holders is one of its missions. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia’s burgeoning Distributed Ledger Technology (DLT) ecosystem. Lately, partnership has been announced with  Ontology and NEO, Binarystar, Japan’s biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company and Quras, PundiX and Wanchain to create a more prosperous ecosystem together in asia. Industry’s reputed advisors, such as Lisk, Mr. Nizam Ismail, CEO of Ethikom Consultancy and Mr. Garlam Won, Head of Marketing at Harmony, support Moonstake’s innovative journey. 

https://www.moonstake.io/ 

About EMURGO

EMURGO is a global blockchain technology company providing solutions for developers, startups, enterprises and governments. EMURGO develops enterprise-grade applications, builds developer tools, invests in startups and provides blockchain education. EMURGO has offices and manages projects in Singapore, Japan, the USA, India, and Indonesia. EMURGO is a founding member of the Cardano protocol. 

https://emurgo.io/