Trusted Node is Building the Most Capable Multi-Wallet Staking Platform and More
Summary
Trusted Node continues its buildout of the most capable multi-chain crypto staking platform we have seen:
- Highly accomplished developer team
- High-growth, sustainable revenue from validator commissions
- $252M total assets staked and growing
- Simultaneously connect multiple wallets for ten staking options (validator delegations):
— ATOM, DOT, LUNA, MATIC, CTK, ROWAN, DVPN, REGEN, XPRT, IRIS - Future staking options coming:
— FTM, SOL, ALGO,VLX, NODL, METIS, CFG, RING, AIR, and more. - Staking and liquidity pool options for Trusted Node’s TNODE token
- Learn to earn, Liquid staking and Multi-chain governance coming soon
- Building a large community to usher in mass adoption
— 23,000+ followers on Twitter
— 9,000+ Discord members
Meet the Developer Team
Trusted Node’s team includes some of the most accomplished and talented members in the industry.
We’ve had the distinct pleasure of interacting with several team members, and appreciate their active presence on their Discord and Telegram groups. Read more about this impressive team here.
What Does Trusted Node Do?
Trusted Node operates or partners with validator nodes for each of the staking options listed on their staking portal. Users who stake with Trusted Node are delegating their tokens, so they do not lose custody of their assets — they can un-stake their assets at any time, subject to un-bonding periods set by the network (eg. ATOM has a 21 day un-bonding period requirement, set by Cosmos governance and not by Trusted Node). By delegating to Trusted Node’s validators, users help secure that chain’s network — the more tokens staked, the less likely the network can be manipulated or attack. Staking tokens also allows for increased voting power for governance decisions for that network.
Multi-Wallet Staking
One of the big challenges for users managing their staking positions is maintaining multiple wallets (Metamask, Keplr, Polkadot, Terra Station, etc) and visiting multiple sites to stake their delegations or collect rewards. To streamline this process, Trusted Node built the most capable user interface we have tested, allowing wallets from every chain on the staking portal to be connected simultaneously. This gives the user full visibility on their staking balances and rewards while allowing them to stake/un-stake their delegations or collect/re-stake their rewards all on the same page.
Current staking options include:
- ATOM 16%
- DOT 14.6%
- LUNA 6.5%
- MATIC 9.1%
- CTK 24.1%
- ROWAN 163%
- DVPN 50.2%
- REGEN 26.1%
- XPRT 34.9%
- IRIS 4%
Trusted Node, as with all other validators, earns revenue by charging a nominal commission for each of the networks they validate for. This provides a high-growth, sustainable revenue model that will benefit from mass adoption. Currently, users have staked an impressive $252 Million on Trusted Node validators, and that number should continue to grow as more users become aware of the convenience of the staking portal. New staking options are also coming soon to increase total assets staked.
- Future staking options coming:
— FTM, SOL, ALGO,VLX, NODL, METIS, CFG, RING, AIR, and more.
Trusted Node offers their own token (TNODE) to allow users the option to invest directly in the project, on both the Binance Chain and Fantom chain.
- TNODE Binance Chain contract address:
0x7f12a37b6921ffac11fab16338b3ae67ee0c462b - TNODE Fantom contract address:
0x7fc5670b2041d34414b0b2178fc660b1e1faf801
These are provided for reference only. We ALWAYS recommend obtaining token contract addresses directly from the official website or from a reputable listing site like coinmarketcap.com.
TNODE owners can stake their tokens (Binance Chain version only) or pair with BUSD (Binance Chain) or USDC (Fantom chain) to create liquidity pairs to earn a higher reward using The Vaults link. For convenience, a “Get LP tokens” link is provided for each pool to allow users to quickly create their LP tokens, or alternatively they can use Pancake Swap (for TNODE/BUSD) or Spooky Swap (for TNODE/USDC).
Current TNODE rewards at time of publication:
- 8.7% APR TNODE staking (promotional and due to end soon)
- 189.1% APR TNODE/BUSD Pool
- 146.7% APR TNODE/USDC Pool
What’s Coming Next?
Trusted Node continues to innovate with their all-in-one user interface, with the following major features coming soon:
- Liquid Staking
— CEO Stefan Rust provides a concise video overview here. A lot more to come on this feature as it rolls out. - Multi-chain Governance
— Allows users to provide input on governance directly to Trusted Node based on the amount of tokens delegated. This will be a unique advantage of staking with Trusted Node, as often times it may be difficult to provide input to a validator with respect to governance proposals - Learn to Earn
— One of our favorite and perhaps most under-appreciated contributions from Trusted Node is their passion for education and community building. We believe a learn to earn program will be an effective way to help new investors make the leap into staking and governance.
Our Thoughts
It has been a tough few months for the crypto market in general, and unfortunately Trusted Node’s TNODE token has not been spared. In that same time period, however, we have observed the total assets staked grow to $252 Million in less than six months, which is truly remarkable. Their Twitter has grown to over 23,600 followers, while their Discord server has over 9,000 members. Trusted Node’s multi-chain staking portal is a game-changer; its a phenomenal technological convenience for users operating multiple wallets and managing multiple delegations. It’s a preview of the seamless interoperability we will see years from now with Web 3.0.
The forward-thinking, trail-blazing team at Trusted Node continues to innovate. We are excited to try out the new features as they get introduced and will provide more on that soon.
Ottersync
Validate the Future
validate@ottersync.io
