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/ 

 

Starting from today, users can stake IOST to earn passive income on Moonstake Web Wallet! Through formal technical collaboration with the seasoned development team behind IOST, the integration fulfills its promise of bringing about a satisfactory staking experience for IOST holders on Moonstake Wallet.

Now users of Moonstake Web Wallet can hold, send, receive, and stake their IOST 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, IOST became the 12th available staking coin 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.

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 and virtually zero gas fees while all the nodes stay secured and compliant.

Moonstake and IOST announced their partnership earlier this month, in which Moonstake will become an official node partner of IOST to enable seamless staking experience of IOST assets for crypto holders on the Moonstake platform. The two projects have expressed keen interest in exploring deeper collaboration opportunities beyond becoming node partners.

To celebrate the launch of IOST staking, Moonstake is running a special campaign that allows users to create a free IOST account right inside the wallet interface. This offer will only run from from 24 to 31 May 2021 so hurry up and get your free IOST account with us.

 

How to create a free IOST account on Moonstake through this campaign:

(If you are a new user)

  1. Register with Moonstake Web Wallet (https://wallet.moonstake.io).
  2. IOST is already added to your Wallets screen by default. Proceed to step 3 below.

(If you need to add IOST to an existing Moonstake Wallet)

  1. On Wallets, click the “Add coin” button to add IOST.
  2. Enter your wallet password to confirm the addition of IOST.
  3. From the wallet screen, select IOST and click the “Create Account” button.
  4. That’s it! The free IOST account will be created for you automatically.

 


How to stake IOST on Moonstake Wallet

  1. From the wallet screen, select IOST. If you do not have an IOST account yet, please click “Create Account”.
  2. Obtain GAS and RAM before staking (see How to Manage GAS and RAM below)
  3. To start staking IOST, click “Stake Now”.
  4. Confirm the staking information, then click the “Staking” button and enter your wallet password. 

 

 

How to Manage GAS and RAM

GAS is used as a fee for the use of IOST. When you first create an IOST with Moonstake, your GAS limit will be 3 million, with about 1 million immediately available for use. By pledging (locking) your IOST, you can increase this GAS limit.

  1. Click “Manage” from the available GAS on the Staking screen.
  2. Click on Pledge Quantity from the Available GAS screen and enter a value in the Pledge Quantity field. The GAS limit will increase by 300,000 per IOST.
  3. If you wish to obtain GAS in your current account, leave this field as is.
  4. Click “Continue” and enter your wallet password to complete the pledge.

Meanwhile, RAM is used in staking IOST and you can exchange RAM on Moonstake as follow:

To buy RAM: 

  1. Click the “Purchase” button on the Available RAM screen.
  2. Enter the quantity in the “RAM Quantity” field on the Available RAM screen.
  3. If you wish to purchase RAM for your current account, leave this field as is.
  4. Click “Continue” and enter your wallet password to complete.

To sell RAM:

  1. Click the “Sell” button on the Available RAM screen.
  2. Enter the quantity in the “RAM quantity” field on the Available RAM screen.
  3. Click “Continue” and enter your wallet password to complete.

You need both GAS and RAM to stake as well as unstake IOST.

 

How IOST Staking Works:

GAS and RAM are required when staking, unstaking, and receiving staking rewards. GAS can be obtained by pledging IOST and RAM must be purchased by IOST. GAS limit can be increased by pledging for other accounts and RAM can also be purchased for other accounts.

 

How to get Rewards for IOST staking:

The staking rewards are paid out daily and the Ecosystem Bonus Rewards are paid out quarterly. To get the staking reward displayed in the reward column of the staking screen, click the “Receive Reward” button at the bottom of the screen. Please confirm the displayed contents and enter the sending password. Note that GAS and RAM are required to receive the reward.

 

How IOST unstaking works:

If you wish to redeem your votes (unstaking), it takes 3 days. After redemption, you can vote again, trade or withdraw. Note that the distribution of rewards will stop once you initiate the vote redemption process.

Moonstake looks forward to deeper cooperation with IOST to bring the valuable staking ecosystem to coin holders 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-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 800 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/

Moonstake is pleased to announce we are now partners with PL^Gnet and a proud member of the PL^Gnet Partner Alliance. Through this partnership, Moonstake can expand access to DeFi services, exchanges, and custodians participating in the PL^Gnet partner ecosystem for its users.

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, PL^Gnet is an advanced multi-chain synthetic assets protocol, designed to enable asset custodians to leverage any asset from any network in its synthetic form as well as innovative DeFi services. It provides the benefits of transparency, composability, and interoperability crucial to DeFi in a way that allows improved regulatory compliance. The protocol helps asset custodians to put their “at rest” assets to work for their clients in a safe space.

PL^Gnet currently has more than 10 initial partners, more than 1,000 assets and more than $10 billion in trading volume daily between members.Global cryptocurrency exchanges such as MXC and BKEX have already announced in the PL^Gnet ecosystem, in which collaboration with various more partners  also expected. With the PL^G token, anyone can take part in the governance of the PL^Gnet network and access a wide range of Exchanges, Custody Providers, Asset managers and Staking Farms. The groundbreaking protocol allows users to hold their asset with their existing provider and use that asset inside of a DeFi environment on PL^Gnet, as well as cross-chain interaction from any asset listed with a provider that is connected to PL^Gnet.

 

Mitsuru Tezuka, Founder at Moonstake says:

“We’re pleased to partner with PL^Gnet, the breakthrough Proof-of-Stake protocol that enables anyone to access a wealth of valuable DeFi services on the market. As a member of the PL^Gnet Partner Alliance, Moonstake is also proud to provide users of the PL^Gnet ecosystem access to our world-leading staking services for the market’s most demanded staking coins. With the expansion of our ecosystem through the DeFi platform Muse.Finance, Moonstake is poised to be a valuable addition to the already robust Partner Alliance of PL^Gnet, which will in return open up even more exciting opportunities for our own users. Right now, DeFi users make up only 5% of the total population of crypto users, and our partnership, which is focused on creating high liquidity, will boost this number to new heights!”

 

Jerry Yuan, CEO at PL^Gnet says:

“PL^Gnet is excited to welcome Moonstake, one of the world’s top 10 largest staking providers with user-friendly, secure, and highly powerful staking wallets, into our Partner Alliance. We are always looking to enrich our ecosystem with reputable, high-value projects and boost liquidity, and so far, we are very much impressed with the market position Moonstake has achieved in just one year since launch, as well as the striking development they have made with Muse.Finance to expand the value of their ecosystem. Together, we hope to bring valuable blockchain financial services to global users and help them maximize the potential of their digital asset investments.”

Here is a video interview of Moonstake’s Senior Advisor, Shogo Ishida, and PL^Gnet’s CEO, Jerry Yuan, on the partnership and what it means to each project:

https://www.youtube.com/watch?v=YVbbO5IdAIY

 

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 1 billion.

https://www.moonstake.io/ 

 

About PL^Gnet

PL^Gnet is an advanced multi-chain synthetic assets protocol, designed to enable asset custodians to leverage any asset from any network in its synthetic form as well as innovative DeFi services. It is a public PoS network that allows anyone with the PL^G token to take part in decentralized governance of the network and get connected to a range of partnered Exchanges, Custody Providers, Asset managers and Staking Farms in the PL^Gnet Partner Alliance.

https://plugdefi.io/ 

Moonstake’s CEO Lawrence Lin and Senior Advisor Shogo Ishida sat down with Staking Rewards for a special interview on staking, DeFi, and the Moonstake ecosystem. 

Moonstake is a global staking platform that allows users to earn passive income from their idle investments with just a few simple clicks. Moonstake’s current lineup of supported PoS coins includes Cosmos, IRIS, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs and most recently, IOST. Moonstake aims to be the largest staking pool network in Asia by providing an active and safe environment for crypto asset holders. Today, our total staking assets have reached $1 billion and our ecosystem is trusted by leading blockchain companies as business partners, and crypto users from all over the world. Such remarkable achievements have allowed us to grow rapidly and now become one of the top 10 staking providers in the world.

Meanwhile, Staking Rewards is the first and most reliable source for Staking and yield-bearing assets data, with Proof-of-Stake Protocols being the core focus. Additionally, their platform covers Masternode Coins, Dividend Tokens and Lending Protocols.

In this interview, Moonstake discusses with Staking Rewards our project’s vision, alpha, and investment case, as well as providing our examination and insights on the general market. The interview is available here

 

Interview highlights:

  • About our vision: Currently, Moonstake is focused on improving the user experience and innovating wallet technology, one of Moonstake’s strengths. We’re breaking down the barriers between cryptocurrencies and ordinary wallets, making it easier for people to connect to their digital assets and DeFi. With technology and UX innovation, we aim to create a world where traditional asset management and cryptocurrency asset management are accessible at the same level.

 

  • About our strategy: We value community feedback (especially local) and differentiate ourselves from leading global products by selecting the most in-demand coins in local markets and providing locally optimized customer support. We have been largely successful in the major Asian markets for cryptocurrencies and are now preparing to increase our presence in the neighboring markets (e.g. Southeast Asia).

 

  • About our partners: We always keep a close relationship with our partners as we believe that there is always value to be found from leveraging our expertises. As partners, we enhance their network’s ecosystem by being a technology partner, helping both projects to scale together while improving global access to blockchain services.

 

  • About our focus for the general market: Right now, Moonstake is focusing on the UX and simplifying the abstraction of the technology, as we believe it is one of the biggest barriers of entry for crypto. By making the user experience of crypto easily accessible, we believe that we can get more and more people to give digital assets a shot and eventually, use it everyday.

 

  • About our alpha: We believe Cardano has the most future-proof token economics, Polkadot has proven to have the most “product-market-fit”, and Aavegotchi to have the most sophisticated staking mechanism and use case among non-Layer 1 PoS networks.

 

  • About our next developments: We’re working to integrate staking of LISK and other coins into Moonstake Wallet next. 


The interest and demand for staking, DeFi, and digital asset investment as a whole are now at an all-time high in history thanks to the incredible progress and achievements the blockchain and cryptocurrency markets have accomplished in recent years. Moonstake will continue to strategically expand our lineup of wallet staking features as well as ecosystem services to meet the demands of investors. With our entrance into the DeFi market together with the newly launched Muse.Finance, Moonstake will be bringing even more value to users and businesses in the coming years. Please look forward to it and as always, thank you for supporting 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 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 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/