Moonstake is pleased to announce that our users can now earn interest from staking Shiden network’s SDN token on both the Web and Mobile Wallets! Hold, send, receive, and stake SDN to receive rewards with the best user experience through one single click. In fact, Moonstake is amongst the world’s first group of validators for Shiden Network. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, IOST, and TRON, Shiden became the 14th staking coin available on Moonstake.

 

Moonstake started the staking business last year with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake’s total staking assets have grown rapidly to reach $1 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Since March this year, Moonstake has also entered DeFi together with the newly launched DeFi platform, Muse.Finance, who has begun releasing its core DeFi products which are all scheduled to be integrated into Moonstake platform to enable advanced DeFi connectivity for our global users.

 

The Shiden Network is built using almost the same code base as Astar Network (formerly Plasm), a public blockchain originating in Japan, and connects to the Kusama Network, an experimental network that is one-tenth the scale of the Polkadot Network. Since the Kusama Relaychain does not support smart contract functionality by design, it needs a smart contract layer which is where Shiden Network comes in. On top of this, Shiden also supports various advanced blockchain applications like DeFi, NFTs and more.

 

In February 2021, Moonstake entered a strategic partnership with Plasm, now known as Astar Network, to expand the Polkadot ecosystem and explore further collaborative development opportunities in DeFi. As such, the integration of Shiden, Astar’s sister network, is the fundamental next step of our collaboration and an important part of our plan to penetrate the DeFi market. Our teams are working hard together to enable the “DApp Store ” feature on Moonstake Wallets for users to enjoy staking to earn with other Shiden DApps on the wallet interface, please stay tuned! The current list of Shiden DApp Staking can be found here: https://portal.astar.network/#/store/discover-dapps

 

How to stake SDN on Moonstake Wallet

Here’s a simple 3-step process to stake SDN with Moonstake Wallet:

  1. Register your Moonstake Wallet via Web or mobile (iOS / Android)
  2. Select SDN from the “Wallets” screen and click the “Add Asset” button.
  3. Access the SDN screen to check your staking information. From the Staking tab, click the “Stake” button and enter your wallet password to complete staking.

 

How SDN staking works

  • Hold SDN Token, 100 SDN minimum staking amount.
  • Agree to lock in and stake SDN
  • Currently, each DApp can have a maximum of 512 nominators.

 

How to get rewards of SDN staking:

The annual reward (APY) for SDN is dependent on Shiden and its DApp Store. You can claim your SDN rewards once every ERA, which is a period of time that is approximately 24 hours. The claim needs to be done within 15 days or the unclaimed rewards go to the treasury. A claim can be made by the contract owner or any staker in the DApp. One claim will be for everyone, so it doesn’t have to be you. If the DApp owner or anyone else from the staking pool press “Claim”, you will also get your ERA rewards.

 

How SDN unstaking works:

If token holders want to send an asset that is currently staked, they will need to unstake it first. There is no lock period for unstaking SDN.

 

Moonstake is proud to be amongst the world’s first group of validators and we’re looking forward to further cooperation with the team at Shiden Network to accelerate global adoption of staking and DApps.

 

About Moonstake

Moonstake is the world’s leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.

 

Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano’s constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.

 

Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools.

 

https://www.moonstake.io/

 

About Moonstake’s staking business

For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 12 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year.

 

About Shiden

Building the premier multi-chain smart contract platform on Kusama Network.

 

Shiden Network is a multi-chain decentralized application layer on Kusama Network. Kusama Relaychain does not support smart contract functionality by design. Kusama Network needs a smart contract layer. This is where Shiden Network comes in. Shiden supports Ethereum Virtual Machine, WebAssembly, and Layer2 solutions from day one. The platform supports various applications like DeFi, NFTs, and more.

 

https://shiden.astar.network/ 

 

About Astar

Astar Network is a dApps hub on Polkadot that supports Ethereum and layer 2 solutions like ZK Rollups. Plasm aims to be a multi-chain smart contract platform that will support multiple blockchains and virtual machines like EVM and WASM.

https://astar.network/

Today, Moonstake announces it has entered into a strategic partnership with the TRON Foundation that develops one of the world’s largest blockchain-based operating systems, the TRON Protocol.

 

Through this partnership, Moonstake aims to enable staking of TRX coin, TRON’s native token, on its wallets and the two sides will collaborate on community building and marketing activities to promote adoption of the TRON and Moonstake ecosystems. Moonstake and TRON are also looking into further collaboration opportunities in the DeFi sector, as TRON is one of the most prominent blockchains in the DeFi space due to highly optimized transaction fees. Since March this year, Moonstake has officially entered DeFi together with the newly launched DeFi platform, Muse.Finance, who has begun releasing its core products and recently started its lockdrop for early adopters.

 

Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, it has developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake’s total staking assets have grown rapidly to reach $1 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Currently, Moonstake supports 12 high-demand staking coins: Cosmos, IRIS, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, and IOST.

Meanwhile, TRON is a market-leading blockchain well-known for its large and highly active community of users and developers from all over the world, dedicated to the establishment of a truly decentralized Internet and its infrastructure. The TRON Protocol, one of the largest blockchain operating systems in the world, adopts an energy efficient dPoS consensus mechanism to provide high throughput, high scalability, and high availability for decentralized applications in the TRON ecosystem through collaboration with key business partners including global tech giant Samsung, Opera, BitTorrent, Poloniex, Swisscom Blockchain, and many more. It is one of the fastest growing DeFi ecosystems on the market, currently boasting more than 40 million user accounts and over 2 billion cumulative transactions. Additionally, Tron based TRC20 protocol hosts the largest circulation of stablecoin globally with nearly 34 billion USDT at present. Its native coin Tronix (TRX) can be used to pay for a robust range of decentralised content and application services on the network.

 

Mitsuru Tezuka, Founder at Moonstake, says:

“We are deeply honored to become partners with TRON, an industry-leading blockchain with a global-scale community of highly active users and developers. TRON is one of the fastest-growing ecosystems in the market with a truly impressive growing volume of transactions and a vibrant ecosystem of DApps especially in the DeFi space. We hope to accelerate global adoption of the TRON network and DeFi services, as well as scale both of our growing ecosystems together.”

Justin Sun, CEO of TRON Foundation, says:

“TRON staking is growing strongly and we’re glad to partner with Moonstake, one of the top 10 staking providers globally, to further accelerate adoption of TRX. Since TRON’s initiative is also to go “All In on DeFi”, we’re also happy to explore deeper collaboration opportunities with Moonstake in the field of decentralized finance and strongly boost the great growth of our DeFi ecosystems together.”

The partnership with TRON is another important strategic addition to Moonstake’s growing partner network. We look forward to bringing better value to our user communities and the crypto space as a whole, as well as deeper collaboration in the fields of staking and potentially, decentralized finance.

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 be the largest staking pool network in Asia by providing an active environment for crypto asset holders. 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. Partnerships have been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan’s biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore-listed company. Industry’s reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake’s innovative journey.

 

With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 1 billion.

 

https://www.moonstake.io/

 

 

About TRON

TRON is dedicated to accelerating the decentralization of internet through blockchain technology and dApp use cases. Founded in September 2017 by Justin Sun, Tron has since achieved a number of milestones, including MainNet launch in May 2018, network independence in June 2018, and TRON Virtual Machine launch in August 2018. July 2018 also marked the acquisition of BitTorrent, a pioneer in decentralized P2P services boasting approximately 100M monthly active users globally.

 

https://tron.network/ 

 

DeFi.org and Moonstake announced today that they agreed on a partnership as part of the DeFi.org accelerator. Moonstake will join as a partner at the accelerator, whose founding partners are Binance and Orbs. Through this collaboration, Moonstake will take an active part in screening and supporting the portfolio companies and promote research, training, events, and conferences with the goal to increase awareness and adoption of Blockchain and Distributed Ledger Technology.

Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake’s total staking assets have grown rapidly to reach $1 Billion, allowing Moonstake to become one of the top 10 staking providers  globally. Currently, Moonstake supports 12 high-demand staking coins: Cosmos, IRIS, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, and IOST.

Meanwhile, DeFi.org is an accelerator that helps bootstrap new projects and DeFi protocols and launch the next wave of innovation. It is a joint venture by Orbs and the industry leaderBinance. The accelerator is dedicated to supporting research, development of open-source software, and community engagement and to assist promising projects that are built on the principles of fair distribution, community ownership, innovation, responsible approach to risk, sustainable economics and composability with the broader ecosystem.

 

Lawrence Lin, CEO of Moonstake, says:

“As a top 10 global staking provider, Moonstake is happy to collaborate with DeFi.org, an accelerator founded by our partner Orbs and the leading global exchange Binance, to help innovative new projects in the crypto and DeFi space launch on the market. With over 1 billion USD worth of assets staked on our platform, a strong lineup of staking coins supported, and a seasoned development team, Moonstake can offer great liquidity injection opportunities as well as valuable technical consultancy for portfolio companies of the DeFi.org ecosystem.”

 

Daniel Peled, President of Orbs, says:

“Liquidity and development efforts are always some of the top concerns of startups in the crypto and DeFi spaces. This is why we’ve partnered with the world-leading staking platform Moonstake. We’re confident that this collaboration will bring great value to DeFi.org team of industry experts and will help accelerate new projects in the fields of development and liquidity.”


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 be the largest staking pool network in Asia by providing an active environment for crypto asset holders. 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. Partnerships have been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan’s biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore-listed company. Industry’s reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake’s innovative journey.

With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 1 billion.

https://www.moonstake.io/

 

About DeFi.org

The DeFi.org Accelerator is dedicated to supporting research, development of open-source software, and community engagement. The accelerator looks for projects that are built on the principles of fair distribution, community ownership, innovation, responsible approach to risk, sustainable economics and composability with the broader ecosystem.

Participants get a variety of benefits, including mentorship, funding opportunities, and market exposure. 

Interested teams can apply to participate at https://DeFi.org/.

Moonstake today announces it has entered a partnership with Uzbekistan government-approved cryptocurrency exchange UzNEX that is operated by KOBEA Group, a leading technology firm focused on developing solutions for the digital economy including blockchain.

Through this collaboration, the two will focus on developing blockchain community programs as well as relevant research, training, events, and conferences to increase awareness in the banking and finance industries. Moonstake will also work with UzNEX to provide blockchain consulting service including staking technology to financial institutions in Southeast Asia and the Middle East, which in return will serve to assist Moonstake in better penetrating these high-potential markets.

Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake’s total staking assets have grown rapidly to reach $1 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Currently, Moonstake supports 12 high-demand staking coins: Cosmos, IRIS, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, and IOST.

UzNEX is the first Uzbekistan government-licensed digital asset trading platform operated by KOBEA Group who has been an instrumental figure in the country’s development of the digital economy. The exchange, officially launched on March 2020, has its opening event on January 2020  at an international blockchain conference in Tashkent. The event gathered numerous representatives of crypto companies from South Korea, Japan, and Singapore, as well as officials from Uzbekistan’s ministries and government agencies. According to its global compliance strategy, Uznex fully meets the recommendatations of the Financial Actions Task Force (FATF) as well as the relevant laws and regulations of the Republic of Uzbekistan. It is cooperating with local Uzbekistan banks to meet the regulations of domestic cryptocurrency exchanges to have real-name verified accounts on their service platform, securing its stability as a government-approved crypto exchange.

Overseas leading cryptocurrency companies have been paying close attention to the successive pro-cryptocurrency policies in Uzbekistan. Here, the National Agency of Project Management (NAPM) under the President of Uzbekistan is directly involved in the management of the cryptocurrency market and cryptocurrency exchange with the aim to incorporate cryptocurrency into the institutional system. On 30th April, the NAPM announced a decree that lifted this restriction, allowing its citizens to trade in cryptocurrency. Thanks to the decree, UzNEX, which had temporarily held its operation because of the local influence of Covid-19, officially reopened its services on 1 June, 2021.

In line with this, KOBEA Group announced that a massive renewal of UzNex is underway, and that the collaboration with Moonstake aims to attract more users with the platform’s world-class staking service. Staking of the cryptocurrency means fixing a certain amount of cryptocurrency you own as a stake to obtain a certain amount of profit during the deposit period, regardless of the fluctuations in the cryptocurrency price.

 

Mitsuru Tezuka, Founder at Moonstake, says: 

“Uzbekistan is a rapidly developing country when it comes to adoption of cryptocurrency and distributed ledger technology, with the government taking active part in the development as well as regulation of digital asset services. UzNEX is the first and only licensed crypto exchange in Uzbekistan, operated by the renowned KOBEA Group that has been doing incredible work with developing the digital economy in the country. As a world-leading staking provider, we’re happy to join hands with them and accelerate the growth of cryptocurrency and staking in the region together.”

 

Chang Yong Lee, Chairman of KOBEA Group and UzNEX says:

Uzbekistan is now one of the youngest and fastest growing countries in the world, where major reforms in the field of the digital economy are being introduced. This country has enormous potential, and may soon lead the global digital economy. We’re happy to partner with Moonstake, one of the top 10 largest staking providers globally, to accelerate the awareness and development of the digital economy, including cryptocurrency and staking, in Uzbekistan.”

Moonstake is honored to take part in this groundbreaking initiative to bring the digital economy to Uzbekistan, and we look forward to deeper collaboration opportunities with UzNEX crypto exchange.

 

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 become Asia’s largest staking pool network by providing crypto asset holders with an active and appealing environment. We are focusing on partnerships to build good relationships with major platform providers. In addition to core blockchains such as Emurgo, Ontology and NEO to promote staking, and Binarystar, Japan’s largest blockchain hub, we are affiliated with Singapore-listed company OIO Holdings Limited (SGX: OIO) and others. Moonstake’s innovative activities are supported by industry-renowned advisors such as Lisk and Lawrence Lim of RAMP DEFI.

With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 1 billion.

https://www.moonstake.io/

 

About UzNEX

UzNEX is the first government-licensed digital asset trading platform in Uzbekistan. It is operated by KOBEA Group, a blockchain firm focused on developing various  solutions for the digital economy including blockchain. UzNEX is the only exchange in Central Asia where a market has been prepared using the national currency, credit cards and US dollars. It is the first cryptocurrency exchange in the world where you can entrust the management of fund assets without experience in cryptocurrency and view investment strategies of highly profitable professional investors on a daily, weekly and monthly basis.

https://www.uznex.com/

 

Today, staking of Orbs’s native token, ORBS, is officially available on Moonstake’s Web Wallet. ORBS fuel all activities on the Orbs blockchain including smart contracts, transaction fees, and consensus-based storage is currently ranked #5 in the Top 10 trending crypto coins by CryptoCrunchApp. Additionally, Moonstake is now officially a Guardian for Orbs Universe to help facilitate network security.

Now Moonstake’s wallet users can hold, send, receive, and stake their ORBS to receive rewards with the best user experience through one single click. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot,Quras ,Centrality and Orbs became the 11th available staking coin on Moonstake Wallet.

Moonstake started the staking business last year with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake’s total staking assets has grown rapidly to reach $900 Million, allowing Moonstake to become one of the top 10 staking providers globally.

Moonstake and ORBS entered into a strategic partnership in March, 2021. Through this partnership, Moonstake actively developed support for the staking of ORBS, Orbs’ official token, on Moonstake Wallet, as well as participating further in the Orbs blockchain ecosystem. The two parties will also host community building programs, research, training, events, and conferences with the goal to increase awareness and adoption of Blockchain and Distributed Ledger Technology in the Banking and Finance Industry. Moonstake and Orbs will discuss further potential provision of consulting services to financial institutions in the regions of Southeast Asia and Middle East.

 

How to stake ORBS on Moonstake Wallet

Here’s a simple 3-step process to stake ORBS with Moonstake Wallet:
1.Register your Moonstake Web wallet (https://wallet.moonstake.io)
2.From the wallet screen, select ORBS and click the “Stake Now” button.
3:Confirm the staking information, then click the “Staking” button and enter your wallet password.

 

How ORBS Staking Works:

・Hold ORBS Token and no minimum amount for staking.
・Agree to lock in and stake ORBS.

 

What is Guardians Role:

Guardians play a central role in the Orbs PoS model – they are expected to be key participants within the Orbs Universe, who enforce the security of the network, align with the long term Orbs vision and actively work to make this vision a reality. A core role of the Guardians is to review the Validators, monitor their operations and ensure proper network operation and security by approving Validators that follow the protocol correctly.

 

How to get Rewards of ORBS staking:

Token holders that delegate to an active Guardian are rewarded in proportion to their stake. Annual reward is up to 8% of the Delegators staked tokens (subject to an 80M Orbs Token cap on total rewards).

* Delegators are ORBS token holders who assign their voting weight (stake) to Guardians, empowering them to maintain    security and uphold the long term vision of the ecosystem.

 

How ORBS unstaking works:

If token holders want to send an asset that is currently staked, they will need to unstake it first. The unstaking of tokens will take a full 14 days before they become available, therefore you will not be able to send the tokens immediately. The period during which the tokens cannot be transferred is called the “lock period”.

Moonstake looks forward to deeper cooperation with Orbs to increase our market presence in the key regions of Japan, Southeast Asia, and the Middle East, as well as bring the diverse ecosystem of staking coins to user communities worldwide.

 

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 be the largest staking pool network in Asia by providing an active environment for crypto asset holders. 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.

With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 900 Million.

https://www.moonstake.io/

 

About Orbs

Orbs is a free, open-source, public blockchain infrastructure designed for mass usage applications, providing enterprise-grade scale, security and support. Orbs blockchain network expands the offerings of public blockchains by supporting permissioned applications developed by existing for-profit businesses, while also supporting purely decentralized apps and being a prime platform for launching decentralized finance applications. Founded in 2017, Orbs is being developed by a dedicated team of more than 30 people out of its offices in Tel Aviv, Israel, London, UK, Singapore, and Seoul, South Korea. Orbs was named Gartner’s “Cool Vendor in Blockchain Technology” for 2018.

https://www.orbs.com/

This April, Moonstake celebrates its 1 year anniversary. We’ve come a long way since our official launch, having established a strong position in the POS market in less than a year. Today, Moonstake total staking assets have reached over $900 Million and are entrusted by core blockchain companies as business partners and crypto users from all over the world. We’ve grown to become one of the top 10 staking providers in the world.

On the celebration of Moonstake’s first anniversary, Founder of Moonstake, Mitsuru Tezuka, says: “2020 was an incredible first year for Moonstake. We achieved over $900 Million in staked assets and earned the trust of investors and businesses worldwide with our staking wallet as well as staking-as-a-service solutions. In just one year, we’ve become one of the top 10 staking providers in the world. We’re very excited to see how the Moonstake ecosystem will continue to grow from 2021 onwards, especially in the DeFi space, and we hope to experience all of it together with you again this year. Thank you for always supporting us!”

Let’s revisit Moonstake’s milestone and look forward to the exciting future of Moostake from 2021 onwards with CEO Lawrence Lin and Shogo Ishida, Moonstake’s Senior Advisor.

Lawrence Lin: Hello, I’m Lawrence Lin, the CEO of Moonstake. It has been 1 year since we debuted Moonstake staking business with the aim to create the biggest staking network in Asia. We developed the most user-friendly staking wallets: Moonstake Web Wallet for web browsers and Moonstake Mobile Wallet on iOS / Android with support for over 2000 cryptocurrencies. Now, Moonstake’s staking community can easily earn staking rewards from all the high demand POS coins on the market including Cosmos, IRIS, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality and most recently, Orbs.

Moonstake has also forged strategic partnerships with leading industry players, including public blockchains such as Emurgo (global blockchain solutions provider and founder of Cardano), NEO, Ontology, Wanchain, and decentralized projects Pundi X, RAMP DEFI, TZ Ventures, RockX, Stake Technologies, Orbs, Unido, and more. These partnerships not only allow Moonstake to enable staking of more PoS coins for our users but also make Moonstake’s technology ecosystem more accessible to the global staking community.

Question: What are the biggest adoption barriers for Proof of Stake and Staking right now and how should we solve them for investors and also blockchain businesses?

Lawrence Lin: Definitely the lack of awareness and the still inaccessible user experience. The public mostly know about “the cryptocurrency with crazy price change” that is Bitcoin, but PoS coins aren’t as prominent to the masses, especially since trading to make a profit is much easier to adopt due to being similar to investing with other asset classes like stocks, real estate, gold, etc. In reality, staking is basically like putting your savings into a bank, but much safer since it’s on a decentralized network instead of the centralized banking system.

However, staking isn’t simply putting money in a safe. It’s an activity that impacts the operations of the blockchain network since it’s essentially selecting the validators (miners) to facilitate transactions. Such added technical complexities might make staking seem too intimidating to the average crypto investor, and even more so for businesses looking to adopt blockchain.

Moonstake works to accelerate adoption of staking by addressing both these pain points for investors and businesses. By hosting initiatives like educational webinars and collaborating both blockchain projects and institutions, we want to help spread awareness of blockchain and decentralized technologies more effectively. At the same time, we develop the user-friendly Moonstake Wallet that supports only the most highly demanded PoS coins through official partnerships with the blockchain projects so that investors can earn well from their idle funds with optimal yield without having to deal with the technical complexities of PoS blockchains. We also offer Moonstake staking pool and node solutions to enterprises so that they can start utilizing and benefiting from implementing blockchain in their business with plug-and-play ease.

Question: You have been professed to enter the DeFi domain, but what kind of development does Moonstake plan to try in the DeFi domain?

Shogo Ishida: Recently, we announced their DeFi project Muse.Finance on March 31st. In addition to creating its own products, Muse.Finance will also be widely accepting applications from DeFi products that wish to connect to Its platform. This is a decentralized platform that allows crypto asset holders to profit from lending through wrapped assets while participating in staking and yield farming at the same time. Its ecosystem design, consisting of Muse Swap, Muse Lending and Muse Wrap, connects the DeFi ecosystem of tokens issued on Ethereum (ERC-20) with Ethereum 2.0 to create a liquidity-generating PoS platform. In addition, by using advanced cross-chain technology, Muse.Finance is expanding its crypto-asset economic zone, starting with Cardano and extending its service offerings to Polkadot, Solana, Oasis, Terra, Centrality and others.

Muse.Finance will launch its first product, a wrap and swap platform, in May. Later in the year, we will gradually enhance Muse DeFi platform with Lending and Yield Farming.

 

 

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 be the largest staking pool network in Asia by providing an active environment for crypto asset holders. 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-listed company. Industry’s reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake’s innovative journey.

With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 900 Million.

https://www.moonstake.io/

To celebrate Moonstake’s first anniversary, we’ve conducted an interview with our Founder, Mr. Mitsuru Tezuka, to talk about Moonstake’s past achievements and future business development, as well as discuss the blockchain industry.

Interview video link: https://youtu.be/mAT0q_mLulE

The interview was moderated by Shogo Ishida, Senior Advisor at Moonstake.

Please see the summary below. 



Mr. Ishida: Can you tell us how Moonstake was found?

Mr. Tezuka:
Having been in the crypto business for 10 years now, I want to create a horizontal connection as a business while interacting with various people and projects in the crypto industry and community.

When proof of stake began to attract attention in recent years, we started the business  to create a wallet with staking power for multiple coins. This is a good opportunity to utilize our technical strength and expertise in the industry to meet the demands of the crypto community in the world.

 

Mr. Ishida: Please share about Moonstake’s 2020 business development.

Mr. Tezuka:
When we started Moonstake Wallet in 2020, we wanted to raise awareness of staking. We decided to partner with projects that are connected in the industry and help them utilize staking in order to increase the liquidity of their own token.

We are actively working to improve Moonstake’s UI/UX to differentiate ourselves from competitors in the market. With more tokens available on Moonstake, everyone can freely stake without any limitation.

 

Mr. Ishida: In early 2021, Moonstake was ranked 8th as best staking validator in the world in staking volume. How did Moonstake achieve this result?

Mr. Tezuka:
I believe that our active development over the past year is starting to bear fruit and help us achieve industry leading position.

We were also supported by the market that was soaring throughout the industry from the end of the year to the first quarter of 2021. I think that this achievement was an opportunity to increase the recognition of Moonstake in the industry. Recently, we have been interacting with our competitors alot and discussing the possibility of collaborating with them in the future.

 

Mr. Ishida: Moonstake announced its entry into the DeFi space. What kind of development can we expect from Moonstake in the future?

Mr. Tezuka:
Our advantage is having a strong staking wallet that offers support for various blockchain products and DeFi services.

Moonstake had considered partnering with other projects to penetrate DeFi. However, the market has yet to reach maturity, as there are not as many well-established projects still. This is why we decided to enter DeFi as a formal project ourselves and take on the challenges of this new frontier.

Mr. Ishida:
In the DeFi area, we launched a project called Muse Finance. As its founder, I would like to utilize the assets of Staking, based on the premise of working together with Moonstake.
From a user’s perspective, we think it is very important to have more options for financial services by providing access to lending and DEX while having more ways to earn staking rewards. The DeFi market has expanded 66 times last year, so it is definitely an area with extreme growth potential. In this market, Moonstake would like to consider developing services that will allow us to take advantage of the achievements we have made in 2020.

 

Mr. Ishida: What are your thoughts on the industry in the next year and the next three years?

Mr. Tezuka:
I understand that the market is busy in 2021, but personally it is not what I’m focused on. I believe it is more important how much blockchain technology is advancing the connection with society rather than price changes. For now, I think there are cases where blockchain services are implemented in the supply chain and in governance. If this part is realized, I expect that liquidity will increase in line with actual demand and become even greater than the liquidity that is currently centered on investment.

 

Mr. Ishida: What is Moonstake’s business outlook?

Mr. Tezuka:
Currently, no specific product has penetrated the crypto wallet business in Japan. I think it’s a difficult business to conduct on its own. With Moonstake Wallet, we will actively introduce staking and DeFi services that enable customers to grow their assets. In the future, we hope to gain market share as a user-friendly wallet  provides liquidity to various assets in the digital payment domain.

 

Mr. Ishida: What is the meaning of Moonstake to you, Mr. Tezuka?

Mr. Tezuka:
Right now we believe that a wallet with ultimate UI / UX is indispensable. In Japan, there is a strong culture of traditional cash payment, but looking at the financial infrastructures in less developed countries, I believe that the existence of digital currencies is very valuable. Currently, we are positioning Moonstake Wallet mainly in Asia. But in the future, I would like to reach into the field of digital payments, which is accelerating worldwide.

 

Mr. Ishida: Last question, do you have any message for our users?

Mr. Tezuka:
We would like to thank all of our users for choosing Moonstake Wallet.

Our motto is to actively listen to users’ opinions and suggestions and upgrade our product accordingly. This way, we can continue to improve our service to make it easier for you to use. Together, we can create a better service and the best staking wallet!

 

Thank you for supporting Moonstake and please stay tuned for more updates from us.

 


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 be the largest staking pool network in Asia by providing an active environment for crypto asset holders. 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.

With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 900 Million.

https://www.moonstake.io/

This April, Moonstake celebrates our first anniversary and in this article, we’re interviewing one of our strategic partners, TZ Ventures from South Korea, with whom we’ve been working since September 2020 to accelerate industry adoption of staking within Tezos’ ecosystem. Representing TZ Ventures is Jaywon Lee, Director of TZ Ventures, who  is also the author of a best-selling IT book in Korea titled, “Path to becoming a blockchain company”.

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 technical support, mentoring, marketing, partnerships, fund-raising and more. Tezos (XTZ) is one of the 11 market-demanded PoS coins currently supported by Moonstake alongside Cosmos, IRIS, Ontology, Harmony, Cardano, Qtum, Polkadot, Quras, Centrality and most recently, Orbs.


Here is the full transcript of the interview.

1. Moonstake is celebrating its 1-year anniversary. In 1 year, Moonstake has reached $900 million in total staked assets and rank #8 among global staking service providers. As a partner, what do you think about Moonstake and its achievements as a staking provider?
Congratulations. This is amazing progress! I think the key to your success is your continual commitment to being reliable/trustworthy and pursuing the highest technology.

 

2. What is your project about and what is its current focus?
Tezos is an advanced blockchain protocol that can avoid buggy codes. For more info, please refer to: https://tezos.com/. TZ Ventures incubates projects that build on Tezos. We assist projects with technical support, mentorships and funding introductions. TZ Ventures is especially interested in assisting DeFi, NFT and entertainment/gaming projects this year. For more info: www.tz.ventures.


3. Why did you decide to partner with Moonstake?
We are always in search of reliable and tech-savvy stakers (in Tezos terms, bakers). Moonstake satisfies both criteria. Last and this year, in particular, we witnessed a dynamic growth of DeFi and how it breathed life back to crypto. Moonstake was at the forefront of dealing with this change and was adept in making DeFi and staking exist in harmony.


4. Which areas of collaboration are you working on?
We collaborate in all fields: Staking, DeFi, R&D, meet-ups, marketing, and etc. We are always open to giving and receiving advice and technical support. We serve as “mutual mentors” for our respective organizations since no one is an expert in all blockchain fields.


5. How do you see the synergy between your project and Moonstake in the future?
Moonstake is a great partner that is sensitive to change. In this dynamic crypto environment, synergies are sure to arise when we can better prepare for the future together.

Moonstake is honored to partner with leading projects and institutions like TZ Ventures at the forefront of driving global adoption of blockchain technology. We’re working non-stop to expand our service offering for both staking and from now on, DeFi, as well as strengthen our partnership network to continue to deliver great value to both users and businesses worldwide. We would like to thank all of our partners for joining us on our quest to accelerate global adoption of staking and look forward to closer collaboration with TZ Ventures in the future to further promote adoption of XTZ staking.

 

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 be the largest staking pool network in Asia by providing an active environment for crypto asset holders. 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-listed company. Industry’s reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake’s innovative journey.

With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 900 Million.

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 Southeast Asia. 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 technical support, mentoring, marketing, partnerships, fund-raising and more.

https://www.tz.ventures/ 

 

To celebrate our first anniversary this April, Moonstake held a joint Q&A with Staking Rewards, the first and most trusted resource hub for staking and yield-bearing assets data. This interview provides many valuable insights into the current state as well as the future outlook of the Proof-of-Sake market and information about Moonstake, a top-ranking staking provider on Staking Rewards.

Here, the Senior Advisor of Moonstake, Shogo Ishida, serves as the moderator. Answering the questions are Mirko Schmiedl, the CEO and Founder of Staking Rewards, and Lawrence Lin, the CEO of Moonstake. Here’s the full transcript of the interview.

 

Shogo: What should I watch out for in 2021 to stay on top of one of the hottest trends in staking?

Mirko: 2021 will be a year with a lot of noise. Thus even more important to pick the right news sources and content to stay on top of trends. Already seeing a lot of projects without any substance popping up everywhere. I would try to listen to people with proven track-record only. And refer to news sources that are trusted and work professionally. At Stakingrewards.com we thrive to provide a pre-vetted and independent overview of the entire staking market.


Shogo: What can we expect to see in the Proof-of-Stake market in 2021 and how to stay on top of all the hottest trends in staking?

Mirko: One of the biggest trends in 2021 is definitely staking derivatives. With the launch of Ethereum 2,0 in December last year, we have seen many solutions being developed which offer liquid staking products that can be traded on the secondary market. This trend is emerging into the multichain nature which is another big trend for 2021. There are more and more bridges and it is now possible to move wrapped staked assets across chains. Lido Finance, Stafi Protocol, and Anchor Protocol are great examples.


Mr Ishida: What are the biggest adoption barriers for Proof-of-Stake and Staking right now and how should we solve them?

Mirko: One of the biggest barriers is still the ease of use. There are not many solutions that provide a simple user interface for multiple crypto assets. Especially across chains there needs to be more easy tooling to hold, store, and stake many assets in one interface. Another adoption barrier is the unclarity for tax treatment. I see many people hold off staking as they are afraid of the legal treatment. From the Protocol Research perspective I think we have mainly achieved consensus, that Proof-of-Stake is the go-to group of algorithms which will dominate the market besides Bitcoin. We made it! Governance is a topic that still needs a lot of attention. We are still in the very early days for that. It will be a big challenge, once networks become more decentralized. As of now this is still a long path until we will face the real challenges. Most projects are still highly centralized and the decision making process is achieved fast.


Shogo: Ethereum, the world’s #2 biggest blockchain, which originally a Proof-of-Work blockchain, has begun its development to switch to Proof-of-Stake network at the end of last year. How do you think this will impact the future of the staking market going forward?

Mirko: The launch of Ethereum 2.0 was a massive milestone for the overall blockchain space. It marked the beginning of a whole new era. Ethereum sets trends and drives innovation. Their unique approach which fosters grass roots participation and decentralization makes the network more resilient and I hope other protocols will be inspired and can learn from them. Ethereum in my view combined the Proof-of-Stake design of Early Stage projects like Peercoin, NXT, Reddcoin, etc with the later stage projects like Tezos, Cosmos, EOS. Ethereum took the best of both worlds and is also strong in layer 2 tooling, like development of sacred shared validator keys, staking derivatives etc.


Shogo: What makes a staking network unique amongst others on the market?

Mirko: A good staking network needs to have long-term aligned incentives, great security module, active governance participation, ease-to-use, accessible for everyone, low minimums, shorter lock-ups times, good tooling, great wallets, rich set of high-profile validators, rich set of grass roots validators, community engagement, good API/data access, great block explorer, simple economic design that is easy to understand, solving liquidity issues, also having raised less money is mainly a good thing for projects. That’s just to name a few points I consider extremely important for a project to stand out. You can see that all of the top-ranking staking projects are being adopted and supported by the high-profile staking providers such as Moonstake. On Staking Rewards you can find interesting patterns between the quality assets and providers.


Shogo: Recently, Moonstake has formed alliances with various blockchain projects like Centrality, Polkadot, Orbs. How does Moonstake decide on which Proof-of-Stake coin to support?

Lawrence: If you look at Moonstake’s lineup of supported assets, you can probably see the strategy behind our decision. That is, we focus on the demand of the market for that coin, how popular it is, and how large its staking volume is. And of course, we’re always open for deeper collaboration opportunities, so we also look at how the project’s vision and roadmap goals can align with our own to widen our scope of collaboration.


Shogo: Stakingrewards.com provides rankings for staking providers, DeFi platforms, exchanges, and wallets. What are some key things that the top platforms in each category have in common?

Mirko: Good and successful staking providers are amongst the best research boutiques in the industry. They choose wisely which networks to validate, thus the networks they choose are likely to have good long-term incentives in place. This makes these coins highly demanded by the community and therefore worth supporting, which I believe, like what Lawrence just said, is a strategy Moonstake is currently adopting.

DeFi platforms have to be innovative or fill a no-brainer market gap (e.g. Pancakeswap as “Uniswap on BSC”) in order to succeed. The successful platforms are driving innovation and development, while having great incentives for the community. Giving away more than 50% of tokens to the community via farming in order to bootstrap the network is more of a necessity these days.

Successful exchanges are easy-to-use, and list good projects. Again it’s important for exchanges to have a strong research arm and be close to innovation. Staking features and campaigns are becoming more and more a differentiating factor.


Shogo: Moonstake became one of the top 10 staking providers within 1 year. What was the strategy to accomplish this as a staking wallet solution for users and businesses?

Lawrence: Indeed, 2020 was an incredible first year for Moonstake. We achieved over $900 Million in staked assets and earned the trust of investors and businesses worldwide with our staking wallet as well as staking-as-a-service solutions. In just one year, we’ve become one of the top 10 biggest staking providers in the world. This is thanks to our strategy of only collaborating with the most esteemed institutions, projects, and custodians on the market while also taking active part in promoting global awareness of blockchain and staking in various educational initiatives, bringing the world of cryptocurrency and decentralized technologies to a wider audience of consumers and businesses. And with the recent launch of Muse.Finance, the Moonstake ecosystem will continue to grow from 2021 onwards, especially in the frontier of DeFi, and help accelerate the connection from staking to DeFi.

Moonstake has been proudly featured in the top 10 rankings of global staking providers on Staking Rewards since February this year. We were thrilled to have a joint interview with them and hope for potential collaboration opportunities in the future.

 

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 be the largest staking pool network in Asia by providing an active environment for crypto asset holders. 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-listed company. Industry’s reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake’s innovative journey.

With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 900 Million.

https://www.moonstake.io/

 


About Staking Rewards

Staking Rewards is a platform of open-concourse, that provides data and guidance to minimize the risk when investing in the countless opportunities to earn passive income with cryptocurrencies. The team is curating knowledge and data to build a healthy staking and defi ecosystem. Staking Rewards is committed to lowering the access barrier to staking opportunities by presenting, comparing and benchmarking all the (Staking) Providers, who are dedicated to providing infrastructure, security, expertise and sometimes even custody or insurance for the staking assets.

https://www.stakingrewards.com/

Today, Moonstake announces it has formally joined an alliance with the IOST blockchain. Through this partnership, Moonstake will collaborate with the IOST development team to enable staking functionality for IOST coin on our wallets.

Moonstake started in the staking business last year with the aim to create the largest staking network in Asia. Since then, Moonstake has developed the most user-friendly wallets for both Web Wallet and Mobile Wallet (iOS / Android) that are compatible with over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake’s total staking assets now sit at over $900 million and the Moonstake platform is now one of the top 10 largest staking service providers globally in just one year. The Moonstake’s staking community can easily earn staking rewards from all the high-demand PoS coins on the market including Cosmos, IRIS, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, and soon, IOST.

Meanwhile, IOST is an enterprise-level blockchain network developed for online service providers. It utilizes a unique, breakthrough consensus algorithm called “Proof of Believability” (PoB) that allows high transaction throughput speeds while all the nodes stay compliant.

With seasoned development teams and robust enterprise partnership networks across the globe, the collaboration between Moonstake and IOST promises to bring about a satisfactory staking experience for IOST holders on Moonstake Wallet.

 

Mitsuru Tezuka, Founder at Moonstake says:

“We’re excited to partner with IOST, an esteemed leading blockchain platform, to enable the IOST staking for token holders on Moonstake Wallet. The demand for IOST staking has been on the rise on the market recently following the many great strategic achievements of the IOST network and we can’t wait to bring this much-requested feature to our users. Moonstake also looks forward to potential deeper collaboration opportunities in different fields of decentralized technology with the innovative experts at IOST.”

 

Jimmy Zhong, CEO at IOST says:

“We’re pleased to collaborate with Moonstake, one of the world’s top 10 largest staking providers with user-friendly, secure, and highly powerful staking wallets. IOST is always looking to partner with reputable projects and so far, we are very much impressed with the market position Moonstake has achieved in just one year since launch. We look forward to increased adoption of IOST staking and the IOST network following the launch of IOST staking on Moonstake Wallet as well as further collaboration opportunities with the Moonstake team.”

 

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 be the largest staking pool network in Asia by providing an active environment for crypto asset holders. 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-listed company. Industry’s reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake’s innovative journey.

With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 900 Million.

https://www.moonstake.io/ 

 

About IOST

Supported by Sequoia, Matrix, ZhenFund, and other major investors, IOST is an enterprise-level blockchain platform developed for online service providers.

The IOST project team is currently mainly composed of R&D personnel focusing on blockchain distributed technology. The team is formed by experienced blockchain industry experts who have graduated from world top universities such as Princeton, Stanford, MIT, Tsinghua University, and Beijing University.

With a two-year-old mainnet, IOST has swiftly risen to become a world-leading public chain renowned for its numerous government collaborations and enterprise partnerships around the world. IOST is one of the Big Four public chains with a rich user base and real applicability alongside Ethereum, EOS, and TRON. 500,000 community members, over 20 countries worldwide, over 400 nodes, top staking economy, and growing.

https://iost.io/