Welcome to this edition of 101 article exploring one of the staking coins on Moonstake. This time, we’ll be looking at FIO Protocol and its native coin FIO.

 

A Brief Introduction to FIO and FIO Protocol

FIO (short for Foundation for Interwallet Operability) was founded in 2020 and aims to enable easier, safer and more joyful crypto transactions on any type of token or coin. The FIO Protocol is designed to ensure the cryptocurrency user experience is uncomplicated and lays the foundation for cryptocurrency mass adoption. Long complex addresses have been replaced with user-customized FIO Crypto Handles such as “[email protected]” that enable decentralized sending, receiving and payment requests (invoices, order carts, etc.), as well as, cross-chain end-to-end encrypted metadata (the information for those invoices, order carts, etc.) that can work across all blockchains.

 

FIO Protocol utilizes Delegated Proof-of-Stake (DPoS) to achieve network consensus. Block Producers (BPs) are chosen by users who hold FIO tokens via onchain voting. Anyone can register to become a BP and produce blocks if they receive enough votes.

 

FIO’s Technical Milestones and Why Moonstake Supports FIO? 

  • In November 2019, FIO launched their Testnet enabling crypto wallets, exchanges and payment processors the opportunity to fully integrate the FIO Protocol ahead of the Mainnet launch.
  • In March 2020, FIO Protocol Mainnet was launched and activated by a community of over 21 block producers.
  • In July 2020, FIO launched their online store that serves as a proof-of-concept for their e-commerce tech plugin.
  • By January 2021, FIO achieved over 100,000 addresses registered globally.
  • In October 2021, FIO launched a $5 million Integrator Grant Program to accelerate FIO Protocol integration across wallets, exchanges, and crypto applications.
  • In November 2021, FIO introduced their FIO NFT Signatures via integration with Unique.one’s NFT marketplace to protect NFTs created on any blockchain.
  • In January 2022, FIO officially launched the staking functionality of FIO coin while setting the FIO activation date as 22nd February 2022, allowing early adopters to earn at an early access rate.

 

Based on these significant milestones, we can see that FIO is a highly promising coin and furthermore, the FIO Protocol is an innovative blockchain project with a great community and thriving ecosystem of valuable products. This makes FIO an attractive and strategic addition to the lineup of PoS coins available on Moonstake, and Moonstake has been supporting FIO staking since February 2022 via official partnership.

 

How does FIO staking and unstaking work?

As with any PoS coin, you can stake your idle FIO assets to earn passive income. Staking with the FIO Protocol is to participate in the network’s operations (validating blocks) by becoming a nominator who chooses the network’s validators. 

 

While your FIO tokens are being staked, they remain in your wallet while you earn staking rewards. The Staking method ensures that stakers of FIO Tokens will always earn a positive return — meaning they receive more FIO Tokens back when they unstake than the number they staked. Meanwhile, if token holders want to send an asset that is currently staked, they will need to unstake it first. Unstaked tokens are locked and are unspendable for a period of 7 days. After that, they can be transferred as normal.

 

How to get rewards for FIO staking

Rewards are given in FIO tokens and users will have to claim rewards.

 

How to stake FIO on Moonstake Wallet

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

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

Check out our full guide on how to use FIO on Moonstake or refer to this official guide video on how to stake FIO: https://www.youtube.com/watch?v=3-4jSMs1LNs 

 

References: 

https://research.binance.com/en/projects/fio-protocol 

https://medium.com/fio-blog/fio-staking-prepared-for-launch-january-2022-fb288b72b 

https://fioprotocol.medium.com/100-000-new-address-registrations-4eb8aa398403 

https://medium.com/fio-blog/unique-one-integrates-fio-nft-signatures-to-help-artists-prevent-forgery-protect-permanence-58360f33b6e8 

https://medium.com/fio-blog/foundation-for-interwallet-operability-fio-launches-5m-integrator-grant-program-b933c09a75dc 

 

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 FIO Protocol

The Foundation for Interwallet Operability (FIO) is an industry consortium, consisting of leading wallets, exchanges, crypto payment processors, and various other entities and community members dedicated to the pursuit of blockchain usability through the FIO Protocol.

FIO’s vision is to operate as a Decentralized Autonomous Consortia (DAC), guided by the community and blockchain ecosystem. We encourage everyone to participate in helping define the FIO Protocol and to provide feedback on how to improve blockchain usability. Our Foundation values Openness and Transparency, Diversity in Community, and Fairness.

https://fioprotocol.io/ 

2021 was a huge year for the cryptocurrency market, with huge strides in growth and adoption of digital assets, NFTs, and blockchain worldwide. It was also an incredible year for Moonstake as we rose the top rankings of global staking providers, reaching a total staking assets of $1.8 billion thanks to the support of our users and partners worldwide. As we begin the new year 2022, Moonstake as well as our strategic coin partners have many exciting news and programs in store for you as our platforms scale and evolve. To welcome our user community into the exciting new year, we’re creating a series of articles in collaboration with our strategic partner on what you need to know about our partner coins in the year 2022, this time with Polkadot.

 

As of January 2020, Moonstake has been supporting DOT staking via strategic partnership with RockX, one of Polkadot’s leading node operators. Since then, Moonstake has hosted a number of campaigns that promote awareness of the Polkadot ecosystem as well as adoption of DOT staking to global users, including webinars and giveaways. Later, Moonstake also partnered with Plasm, now known as Astar Network, a leading DApps hub on Polkadot, to expand support for the ecosystem with other parachains.

 

In 2021, Polkadot accomplished a number of major development milestones with the rollout of Parachains, Slot Auctions, and Crowdloans across 2 Relay-chain networks: Kusama coming live early in the year and Polkadot following up in December, both of which saw numerous successful parachain launches following their establishments. Additionally, the number of nominator accounts the network can support has tripled from 6,000 at the end of 2020 to 22,000 at its peak. In terms of organized events, Polkadot also managed to participate in over 380 meetups and conferences across the globe, both online and offline,in its effort to cultivate the global Polkadot community against the turbulence caused by the pandemic. Most notably, Polkadot received support and endorsement from the largest telecom company in Europe, Deutsche Telekom, who is currently using its infrastructure to participate in the Polkadot public blockchain network as a validator.

 

For 2022, Polkadot is focusing on expanding the number of Parachains on their network, with the ultimate goal being 100 parachain slots total. The project is also strongly continuing to push its efforts in building a robust development community for the ecosystem through even more events, hackathons, and initiatives. Not only will this help propel the ecosystem to greater heights in terms of technical achievements and usability, it is also how Polkadot  will grow its user base and attract the interests of investors looking for high-value ecosystems.

 

Moonstake is proud to be strategic partners of Astar to expand the Polkadot ecosystem.We will continue to maintain strong support for the ever growing and developing Polkadot ecosystem and hope to bring even more great value to DOT and crypto users worldwide in 2022 to help accelerate adoption of the Polkadot and Moonstake ecosystems together.

 

About Moonstake

As a world-leading staking service provider, Moonstake develops and operates decentralized wallet services for enterprises and end users.

 

Our full-scale staking business started in August 2020. With the support of users all over the world, our total staking assets has risen to 1.8 billion dollars. In June 2021, we ranked third among 15,000 staking providers globally.

So far, we have expanded our business and ecosystem through about 30 strategic partnerships, including major blockchains such as Emurgo which is a constituent organization of Cardano, TRON, and NEO. In May 2021, we became a wholly owned subsidiary of the listed company “OIO Holdings Limited” on the Singapore Stock Exchange and we are working to further expand Moonstake’s business and improve our credibility.

 

https://www.moonstake.io/

 

About Polkadot

Polkadot will enable a completely decentralized web where users are in control.

 

Polkadot is built to connect private and consortium chains, public and permissionless networks, oracles, and future technologies that are yet to be created. Polkadot facilitates an internet where independent blockchains can exchange information and transactions in a trustless way via the Polkadot relay chain.

 

Polkadot makes it easier than ever to create and connect decentralized applications, services, and institutions. By empowering innovators to build better solutions, we seek to free society from its reliance on a broken web where its large institutions can’t violate our trust.

 

https://polkadot.network/ 

 

About Astar

Astar Network is the #1 Smart Contract Hub for WASM + EVM on Polkadot. Since winning its Parachain auction in January 2022, Astar Network has become the top Parachain in the Polkadot ecosystem in terms of Total Value Locked and most Ethereum assets transferred over. Astar Network is the leading smart contract hub that connects the Polkadot ecosystem to Ethereum, Cosmos, and all major layer 1 blockchains. Astar Network supports dApps using multiple virtual machines—namely WASM and EVM—and offers the best technology solutions and financial incentives via its Build2Earn and Astar Incubation Program for Web3 developers to build on top of a secure, scalable and interoperable blockchain.

 

https://astar.network/ 

2021 was a huge year for the cryptocurrency market, with huge strides in growth and adoption of digital assets, NFTs, and blockchain worldwide. It was also an incredible year for Moonstake as we rose the the top rankings of global staking providers, reaching a total staking assets of $1.8 billion thanks to the support of our users and partners worldwide. As we begin the new year 2022, Moonstake as well as our strategic coin partners have many exciting news and programs in store for you as our platforms scale and evolve. To welcome our user community into the exciting new year, we’re creating a series of articles on what you need to know about our partner coins in the year 2022, this time with Shiden.

 

Shiden is the latest supported coin by Moonstake via strategic partnership with Astar Network, the sister network whose code base is used to build Shiden. Since November 2021, we support both native staking of SDN with Moonstake staking pool as well as staking with the Shiden DApp store with 25+ innovative applications, bringing users a robust variety of opportunities for global crypto users to earn with Shiden Network with the best user experience. Moonstake is proud to be amongst the world’s first group of validators for Shiden Network.

 

Shiden Network was launched in August 2021 as a sister network to Astar Network, functioning as a smart contract layer to enable advanced blockchain applications like DeFi, NFTs and more. Since launch, Shiden has been hosting a Builders Program with Astar to incentivize teams to develop great applications on the network. The team also organized an Ambassador Program to promote awareness and adoption of the network, as well as launching the Shiden DApp Store which currently has 25+ staking DApps listed, including Moonstake. 

 

In 2022, Shiden as the canary network of Astar will be focusing on developing and expanding its ecosystem in the fields of cross-chain token swapping, DApp staking, EVM tooling, and general network functionality, governance, and performance. On top of this, the network is also looking to incubate and promote the development of breakthrough applications and NFT projects, especially through its Astar & Shiden Builders Grant Program.

 

Moonstake is proud to be strategic partners of Shideen Network. We will continue to maintain strong support for the ever growing and developing Shiden ecosystem and hope to bring even more great value to SDN and crypto users worldwide in 2022 to help accelerate adoption of the Shiden and Moonstake ecosystems together.

 

About Moonstake

As a world-leading staking service provider, Moonstake develops and operates decentralized wallet services for enterprises and end users.

 

Our full-scale staking business started in August 2020. With the support of users all over the world, our total staking assets has risen to 1.8 billion dollars. In June 2021, we ranked third among 15,000 staking providers globally.

So far, we have expanded our business and ecosystem through about 30 strategic partnerships, including major blockchains such as Emurgo which is a constituent organization of Cardano, TRON, and NEO. In May 2021, we became a wholly owned subsidiary of the listed company “OIO Holdings Limited” on the Singapore Stock Exchange and we are working to further expand Moonstake’s business and improve our credibility.

 

https://www.moonstake.io/

 

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/

2021 was a major year for the cryptocurrency market, with huge strides in growth and adoption of digital assets, NFTs, and blockchain worldwide. It was also an incredible year for Moonstake as we rose the the top rankings of global staking providers, reaching a total staking assets of $1.8 billion thanks to the support of our users and partners worldwide. As we begin the new year 2022, Moonstake as well as our strategic coin partners have many exciting news and programs in store for you as our platforms scale and evolve. To welcome our user community into the exciting new year, we’re creating a series of articles on what you need to know about our partner coins in the year 2022, this time with QURAS.

 

As of January 2021, Moonstake has been supporting XQC staking via strategic partnership with QURAS since April 2020. Since then, Moonstake has hosted a number of campaigns that promote awareness of the QURAS ecosystem as well as adoption of XOC staking to global users. 

 

2021 was the year where XQC fully migrated to its own QURAS MainNet, gaining independence from the ERC20 protocol of Ethereum. The development team also focused heavily on privacy, security, convenience, and performance, releasing a web extension as well as numerous updates to its blockchain protocol and wallets, most notably enhancing the user experience of their Anonymous/Stealth transaction feature that lets users make fully anonymized transactions with others on the QURAS chain.

 

In 2022, QURAS is working to enhance the user experience of its services by focusing on upgrading their web and mobile wallets to allow for faster, more convenient, and more secure transactions. The project identifies user experience as one of the major entry barriers to the blockchain and cryptocurrency world and is fully committed to deliver an optimal experience for global users.

 

Moonstake is proud to be strategic partners of QURAS. We will continue to maintain strong support for the ever growing and developing QURAS ecosystem and hope to bring even more great value to XQC and crypto users worldwide in 2022 to help accelerate adoption of the QURAS and Moonstake ecosystems together.

 

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 28 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.

 

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 16 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.

 

https://www.moonstake.io/  

 

About QURAS

QURAS is a Secret Contract platform, first of its kind. Built on our own Blockchain, QURAS coin will provide absolute privacy protection and bring numerous benefits to IoT to Big Data. We are also developing Daaps that could allow precise locating of a device or a person and support the healthy living through the walking app which gives rewards if a person makes a certain number of steps each day. 

 

https://quras.io/ 

2021 was a huge year for the cryptocurrency market, with huge strides in growth and adoption of digital assets, NFTs, and blockchain worldwide. It was also an incredible year for Moonstake as we rose the the top rankings of global staking providers, reaching a total staking assets of $1.8 billion thanks to the support of our users and partners worldwide. As we begin the new year 2022, Moonstake as well as our strategic coin partners have many exciting news and programs in store for you as our platforms scale and evolve. To welcome our user community into the exciting new year, we’re creating a series of articles on what you need to know about our partner coins in the year 2022, this time with Harmony.

 

Since August 2020, Moonstake has been supporting ONE staking as both a staking Validator and Delegator via strategic partnership with the development team behind Harmony blockchain. Since then, Moonstake has hosted a number of campaigns that promote awareness of the Harmony ecosystem as well as adoption of ONE staking to global users. Moonstake’s partner Binarystar, which runs Japan’s biggest Blockchain Business Hub in Tokyo, also takes part in this partnership to support these marketing activities by hosting events and overseeing Harmony’s community development in Japan.

 

2021 was a year of tremendous growth for Harmony blockchain, with strong focus on adoption, interoperability & decentralization. The Harmony team successfully accelerated adoption for the next 1 million users through workshops for developers, hackathons & grants. Harmony’s own blockchain explorer and cross-chain NFT bridge were launched in June and November respectively. The network achieved a variety of key successful ecosystem growth metrics such as 227 DApps, over 400 million assets locked across cross-chain bridges, and 7,483 artists with $1.07 million in NFT sales. Harmony has also opened numerous regional DAOs including Portuguese, Spanish, Russian, Korean, French, German, Indonesian & Chinese speaking communities. 

 

In 2022, the focus for Harmony is to further drive user adoption of the network by increasing accessibility to users across all blockchains and incentives to build on Harmony via grant programs for developers. The blockchain is also focusing on the highly demanded markets of NFTs and Metaverse via the Player ONE initiative focusing on accelerating the growth of gaming, social & work applications and use cases. Their ambitious goal is to make Harmony become the unifying Web3 platform building for billions of users by 2026.

 

Moonstake is proud to be strategic partners of Harmony. We will continue to maintain strong support for the ever growing and developing Harmony ecosystem and hope to bring even more great value to ONE and crypto users worldwide in 2022 to help accelerate adoption of the Harmony and Moonstake ecosystems together.

 

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 28 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.

 

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 16 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.

 

https://www.moonstake.io/  

 

About Harmony

 

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

 

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

 

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

 

Harmony recently launched on Binance and shipped Day ONE Mainnet. 

 

https://www.harmony.one/ 

Moonstake today announces the formation of the Moonstake Gaming Guild (MSGG) as the staking provider makes its full-scale entry into the GameFi market.

 

GameFi is a term combining the words “Game” and “Finance”, referring to games where you can earn from playing. Specifically, in-game currency, tokens, characters, and items backed by blockchain technology can be bought and sold by players on crypto asset exchanges and marketplaces. GameFi is a market that  has been growing rapidly, led by the “Axie Infinity” GameFi project which has been especially popular in Southeast Asia since 2021. The GameFi domain is expected to exceed $68 billion* and is attracting widespread attention even outside of the crypto asset industry.

 

GameFi is creating new businesses with its innovative model and Moonstake will help create new jobs by establishing and operating gaming guilds. We will provide gaming know-how and lend strong characters and weapons through the global connections promoted by Moonstake. Moonstake hopes to address one of the major goals of the SDGs, “End Poverty,” via the creation of new jobs.

 

 

*What is a Gaming Guild?

Gaming Guild is a community for matching investors and practitioners. Investors can purchase NFTs and loan them to practitioners aka game players who use the NFT to play. Investors and practitioners will share the revenue generated by playing. The guild operator matches game players with investors and provides them with the necessary NFT assets, tools, and know-how to share a portion of the revenue earned in the game.

 

Why are guilds attracting attention?

Token holders, who currently hold crypto assets as investors, provide assets to the guild for players to purchase NFTs for use in their games. The guild then uses those NFTs to allow players to participate in the game. Players, many of whom have never been exposed to crypto assets, are currently generating revenue as the  community of GameFi players expands in the Philippines and other Southeast Asian countries. In this way, the creation of a new revenue model through GameFi has already been creating numerous new jobs and helping to build players’ economic power.

 

MSGG is currently recruiting game users through the scholarship program of JobTribes, a Play to Earn game that is being developed by Singapore-based GameFi platform DEA.

 

Moonstake plans to use JobTribes as a foothold to connect to a variety of GameFi projects and will work to create new employment opportunities primarily in Southeast Asia.

 

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 $1.5 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Since last March, Moonstake has also entered DeFi with its newly launched DeFi platform, Muse.Finance, which has released a core DeFi product that will be integrated into Moonstake to offer users worldwide Advanced DeFi connectivity.

 

 

Mitsuru Tezuka, Founder of Moonstake, says:

“We are very pleased to be able to explore new areas of business for Moonstake via the MoonstakeGamingGuild. With so many people still looking for work around the world, GameFi, a new and exciting industry which creates jobs for many people, has always been one of the things I wanted to challenge myself with. I have been fortunate to have a great opportunity to create and operate guilds at JobTribes, and I hope to use this opportunity to discover the various possibilities of GameFi that can synergize with Moonstake to bring even more value to users worldwide.”

 

 

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 28 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.

 

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 16 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.

 

https://www.moonstake.io/ 

Citation*. https://www.fxstreet.com/cryptocurrencies/news/wheres-the-crypto-market-heading-as-we-near-2022-top-most-promising-gamefi-tokens-202112271304 

Moonstake is proud to announce we’ve successfully secured a grant from the Astar & Shiden Builders Program, designed to accelerate the growth of Astar and Shiden networks by supporting DApp builders to join and scale along with the platforms. With this program, Shiden Network encourages developers to deploy dApp Staking Contracts on Shiden for the purpose of researching to develop a mechanism pool for SDN users so that developers can set up crowd-funded validators. Additionally, Shiden users will be able to lock their SDN for a fixed period of time and they will receive SDN as well as rewards after the fixed term has matured.

 

Astar & Shiden Builders Program aim to leverage the experience and technology of these two Substrate-based networks to help mentor, guide, and eventually, scale DApp builders looking to join and grow on Astar and Shiden networks. Proposals to the grant are evaluated on the technical design of the project, the overall quality of the team and its community, and more. Moonstake is thrilled to join the Builders Program of Astar & Shiden as a world-leading staking provider that supports SDN staking and also Shiden DApp Staking natively. 

 

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 $1.5 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Currently, Moonstake supports 14 high-demand staking coins, 2 high-demand NFT standards ERC-721 and Cardano. We are currently working with Muse Finance to enter the DeFi market, and have been strategic partners with Astar Network since February 2021  to expand the Polkadot ecosystem and explore further collaborative development opportunities in DeFi. All of Moonstake’s efforts and outcomes have solidified Moonstake’s position and reputation as a service provider for both end users and businesses, rightfully securing us a grant from the Astar & Shiden Builders Program. 

 

Founder of Moonstake, Mitsuru Tezuka, comments: “Moonstake is very excited to have received this grant from the Astar & Shiden Builders Program. As a world-leading staking provider and amongst the world’s first group of validators for Shiden Network, we hope to be able to bring even more value to our ecosystem users as well as the users of Shiden Network with the grant and support of the Astar and Shiden teams.”

 

Moonstake is thrilled to help drive the growth of the Shiden ecosystem as a validator and deliver more value to global crypto user communities.

 

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 28 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.

 

 

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 16 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.

https://www.moonstake.io/ 

 

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. Astar aims to be a multi-chain smart contract platform that will support multiple blockchains and virtual machines like EVM and WASM.

 

https://astar.network/

Moonstake is pleased to announce that our users can now earn interest from staking Everscale network’s EVER token on both the Web and Mobile Wallets! Hold, send, receive, and stake EVER to receive rewards with the best user experience through one single click. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, IOST, TRON, Shiden, and FIO, EVER became the 16th 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.

 

Meanwhile, Everscale Network is a blockchain made up of DAOs called sub-governance. Everscale is an SDK with Solidity and C ++ compilers, APIs, 13 programming languages, and client libraries for all popular platforms, local nodes for DApp testing, CLI tools, DeFi, NFT, tokenization, and governance. It has powerful developer tools such as a decentralized browser and a range of wallets that empower many applications. Everscale is a new and unique blockchain design that combines a scalable distributed world computer with the distributed operating system Ever OS.

 

EVER Reward Campaign

To celebrate the launch of the EVER staking feature on Moonstake through partnership with Everscale, Everscale Japan is launching an EVER Giveaway Campaign on February 24, 2022.

 

The first 2,000 people to open a Moonstake account through the Moonstake registration link below will receive an EVER token reward that is worth about $10. Details of the event will be announced on Everscale Japan’s Twitter, so please follow their channels to stay updated.

 

Moonstake account registration link for EVER reward campaign: https://wallet.moonstake.io/sign-up?ref=CYRHJWWH6Z 

Everscale Japan Twitter: https://twitter.com/EverscaleJapan 

 

How to stake EVER on Moonstake Wallet

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

 

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

 

How EVER staking works

Hold EVER, 10 EVER minimum staking amount.

Agree to lock in and stake EVER.

 

To get the maximum reward, split your stake into two parts and make sure to invest in both even and odd rounds. Currently, Everscale’s staking yields an annual interest rate of up to 6%.

 

How to get rewards of EVER staking

Rewards are paid by the Elector system contract after each validation cycle and are distributed by depools between stakeholders in proportion to their stake.

 

A small part of reward (typically 5%) goes to the validator node, the rest serves as a basis for distribution between all stakeholders.

 

How EVER unstaking works

If token holders want to send an asset that is currently staked, they will need to unstake it first. The staked coin is locked in the pool for the duration of the validation round (up to 54 hours) and cannot be withdrawn until then.

 

To withdraw your tokens from specific rounds, make sure to put the withdrawal request until the round ends. You can track validation rounds using network explorers tonscan.io or ever.live. 

 

In case no withdrawal request is done before the validation cycle ends, the reward will be automatically added to your stake amount and participate in validation.

 

Moonstake is pleased to partner with Everscale to bring our users a satisfactory experience staking EVER. We look forward to further collaboration with the Everscale team to bring even more value to crypto users worldwide.

 

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 Everscale

Everscale is a new and unique blockchain design that proposes a scalable decentralized world computer, paired with a distributed operating system. The network is based on a platform called Ever OS, capable of processing millions of transactions per second, with Turing-complete smart contracts and decentralized user interfaces.

 

Everscale presents some new and unique properties, such as dynamic multithreading, soft majority consensus and distributed programming, which enable it to be scalable, fast and secure at the same time. It is governed by a decentralized community founded upon meritocratic principles via Soft Majority Voting protocol.

 

Everscale has powerful developer tools, such as compilers for Solidity and C++, SDK and API, client libraries ported to more than 20 languages and platforms, a range of decentralized browsers and wallets empowering many applications in DeFi, NFT, tokenization and governance domains.

https://everscale.network/

Moonstake is pleased to announce that our users can now earn interest from staking the FIO token of the FIO Protocol on our Web Wallet! Hold, send, receive, and stake FIO to receive rewards with the best user experience through one single click. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, IOST, TRON, and Shiden, FIO became the 15th staking coin available on Moonstake. Moonstake is now also one of the official Block Producers on FIO.

 

FIO staking activation is scheduled to take place on 22nd February 2022. Before this activation, each FIO token staked will begin accruing rewards at an early-access rate. Through this partnership, the Moonstake and FIO teams have worked together to bring you FIO staking feature before Staking Activation to start earning the early-access, proportional reward potential on Moonstake Wallet. 

 

After Activation is achieved, and as more tokens are allocated to the Staking Rewards Pool moving forward, rewards accrued per FIO token staked will decrease over time. This means that, after Activation is achieved, those who still stake earlier will accrue greater proportional rewards than those who stake later.

   

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 $1.8 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.

 

Meanwhile, FIO (short for Foundation for Interwallet Operability) was founded in 2020 and aims to enable easier, safer and more joyful crypto transactions on any type of token or coin. The FIO Protocol is designed to ensure the cryptocurrency user experience is uncomplicated and lays the foundation for cryptocurrency mass adoption. Long complex addresses have been replaced with user-customized FIO Crypto Handles such as “[email protected]” that enable decentralized sending, receiving and payment requests (invoices, order carts, etc.), as well as, cross-chain end-to-end encrypted metadata (the information for those invoices, order carts, etc.) that can work across all blockchains.

 

How to stake FIO on Moonstake Wallet

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

 

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

 

How FIO staking works

Hold FIO, no minimum staking amount.

Agree to lock in and stake FIO

 

While your FIO tokens are being staked, they remain in your wallet while you earn staking rewards. The Staking method ensures that stakers of FIO Tokens will always earn a positive return — meaning they receive more FIO Tokens back when they unstake than the number they staked.

 

How to get rewards for FIO staking

Rewards are given in FIO tokens and users will have to claim rewards. Please note that if you unstake your tokens prior to staking activation on 22nd February 2022, you will not receive any rewards. 

 

How FIO unstaking works

If token holders want to send an asset that is currently staked, they will need to unstake it first. Unstaked tokens are locked and are unspendable for a period of 7 days. After that, they can be transferred as normal.

 

Moonstake is proud to deliver on our promise of bringing great value to users worldwide not only through enabling FIO staking, but also by integrating the feature before FIO staking officially launches on Mainnet, allowing our users to enjoy the greatest amount of earning potential per token staked.

 

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 FIO Protocol

The Foundation for Interwallet Operability (FIO) is an industry consortium, consisting of leading wallets, exchanges, crypto payment processors, and various other entities and community members dedicated to the pursuit of blockchain usability through the FIO Protocol.

 

FIO’s vision is to operate as a Decentralized Autonomous Consortia (DAC), guided by the community and blockchain ecosystem. We encourage everyone to participate in helping define the FIO Protocol and to provide feedback on how to improve blockchain usability. Our Foundation values Openness and Transparency, Diversity in Community, and Fairness.

 

https://fioprotocol.io/ 

2021 was a huge year for the cryptocurrency market, with huge strides in growth and adoption of digital assets, NFTs, and blockchain worldwide. It was also an incredible year for Moonstake as we rose the the top rankings of global staking providers, reaching a total staking assets of $1.8 billion thanks to the support of our users and partners worldwide. As we begin the new year 2022, Moonstake as well as our strategic coin partners have many exciting news and programs in store for you as our platforms scale and evolve. To welcome our user community into the exciting new year, we’re creating a series of articles in collaboration with our strategic partner on what you need to know about our partner coins in the year 2022, this time with Centrality.

 

As of February 2021, Moonstake has been supporting CENNZ staking via strategic partnership with the development team behind the Centrality blockchain, CENNZnet, since August 2020. Most notably, Moonstake was the world’s first wallet to support CENNZ MainNet and CPAY and has since remained one of the leading CENNZ staking providers. In fact, our staking volume for CENNZ has reached $5.5 million, making Moonstake Wallet the largest CENNZ staking pool in the world. This number is achieved within just 10 days since the launch of CENNZ staking. Since then, Moonstake has hosted a number of campaigns that promote awareness of the Centrality ecosystem as well as adoption of CENNZ staking to global users including commission-free staking campaigns and giveaways.

 

In 2021, CENNZnet accomplished a number of major development milestones. In June, its decentralized exchange CENNZX went live, allowing super fast and totally secure exchange of CENNZnet’s core tokens and eventually, any active CENNZnet token. The official CENNZnet NFT module was also launched, allowing users to mint and sell NFTs on CENNZnet without ever needing to touch a smart contract. CENNZnet also launched its own two-way token bridge, Emery, which connects CENNZnet to Ethereum for seamless cross-chain data and asset transfer. Additionally, the network also successfully hosted a number of hackathons despite Covid-19 disruption as well as a grant program to incentivize building on the CENNZnet chain. In this article, we will be interviewing our partner at Centrality about what is in store for the Centrality ecosystem and its user community in 2022.

 

Q1 Which 2021 achievements are you the most proud of?

It’s been a huge year for CENNZnet. With the mainnet up and running, 2021 has been the year of non-stop building and innovation, and my has it been exciting! So far the team have successfully launched staking, CENNZX our decentralised exchange, point and click NFTs, the Emery token bridge and even gone carbon negative to name just a few! 

2021 was the year of the NFT and CENNZnet pivoted fast to join the market leaders. Using our protocol level NFT module users can mint and sell NFTs on CENNZnet without ever needing to touch a smart contract. Instead, users can create custom NFTs using just a Javascript API or point and click with a UI.

 

Not only will this make it super straightforward for anyone to mint NFT assets, but creators also won’t be locked into a specific marketplace.This piece of work will open us up to work with some major metaverse projects in 2022, so you could say that it’s the most exciting launch for 2021.

 

Q2 What measures are you going to take in 2022 to further increase adoption of CENNZnet?

In the second half of 2021 we were focussed on fostering relationships with established metaverse projects with very large and engaged communities. In the first quarter of 2022 we will begin the announcements about these partnerships. These campaigns are primarily designed to increase the number of people in our communities, with the next step to be educating them on how they can get involved with our project via purchasing CENNZ and staking. 

 

Q3 What can users expect from Centrality in 2022?

The spectacular work that has happened in 2021 means the team will be hitting the ground running in 2022. Expect some super exciting projects, rebranding CENNZnet as the ‘blockchain for the metaverse’, exclusive partnerships and the full implementation of on-chain decentralised governance.

 

Moonstake is proud to be strategic partners of Centrality. We will continue to maintain strong support for the ever growing and developing Centrality ecosystem and hope to bring even more great value to CENNZ and crypto users worldwide in 2022 to help accelerate adoption of the Centrality and Moonstake ecosystems together.

 

About Moonstake

As a world-leading staking service provider, Moonstake develops and operates decentralized wallet services for enterprises and end users.

 

Our full-scale staking business started in August 2020. With the support of users all over the world, our total staking assets has risen to 1.8 billion dollars. In June 2021, we ranked third among 15,000 staking providers globally.

So far, we have expanded our business and ecosystem through about 30 strategic partnerships, including major blockchains such as Emurgo which is a constituent organization of Cardano, TRON, and NEO. In May 2021, we became a wholly owned subsidiary of the listed company “OIO Holdings Limited” on the Singapore Stock Exchange and we are working to further expand Moonstake’s business and improve our credibility.

 

https://www.moonstake.io/

 

About Centrality

 

Centrality is the world’s leading fintech venture platform based in New Zealand. They have received a research grant from the New Zealand government and are working with the New Zealand government to build a decentralized system through the public-private integrated organization “Digital Identity NZ” together with NZ Tech and Singlesource.

 

https://centrality.ai/