Big update for @Stakingverse and LUKSO staking.
We are currently onboarding a new node operator: @DevM8B.
By taking this step, we are unlocking staking capacity on LUKSO responsibly, while strengthening decentralization, client diversity, and network resilience.
Stakingverse has grown into a major part of LUKSO staking. That is good for $LYX holders, but it also means we need to be responsible about concentration. We do not want Stakingverse-controlled infrastructure to become too large a share of the network.
By working with M8B as an additional node operator, we can increase staking capacity while improving validator and client diversity.
M8B has been active in blockchain, DeFi, and node operations for years, and has worked across multiple projects in Web3. We have also worked with M8B for years and have full confidence in their technical expertise, reliability, and operational discipline.
M8B has also been an advisor to Stakingverse since day one. They have been involved from the early stages, so this is not a random new operator relationship. It feels like a logical and trusted next step with a team that already understands Stakingverse, LUKSO, and the standards we want to maintain.
M8B will operate under the Stakingverse setup, so the liquid staking token remains the same: $sLYX. Users will not need to switch to a different liquid staking token or fragment liquidity across multiple staking derivatives.
A key part of this onboarding is client diversity. M8B will run node clients that are currently underrepresented on LUKSO, and in any case different from the clients used by the existing Stakingverse setup. This helps reduce correlated risk and contributes to a more stable network.
We believe it is important that $LYX holders have access to staking. LUKSO staking should not stay blocked for any longer, for the sake of the network.
That is why we are taking this step carefully:
โข experienced node operator
โข new operator infrastructure
โข better client diversity
โข shared $sLYX liquidity
โข phased capacity increases
โข safety-first onboarding
We expect to start next week by opening the first 1 Million $LYX of new staking capacity in batches.
More details will follow as we progress.
In order to prepare Universal Profiles to become multi-chain, we are deploying the factory contracts on as many EVM chains as possible.
So I yesterday took the task to get the gas token of as many EVM chains as I could.
I managed it for 71 EVM chains, and the complexity and the knowledge involved in doing that is something a normal user would never be able to manage...
This is crypto reality today: navigating complex bridges, chains, RPCs, and things a normal user would never understand...
and we wonder why crypto gets no adoption ๐
This is going to change. In the near future when Universal Profiles will be your gateway to all the EVM crypto, one account, app, one simple payment, all networks.
But there's one network that will stand out, and that's the LUKSO network, because that's the network where all the profiles are created first.
That's the network where users have free gas and the ability to play with tokenization, in an environment where everyone is a profile!
If you are a dApp developer, that's the ecosystem you want to build on, while not closing your users from, receiving payments on other chains, and using them for what they are good for.
In the next post, I'll send you guys a link to the gist that contains all the networks where we will be deploying the @ERC725Account factory contract on.
Here's something that exists on LUKSO that Base/ETH creators may find interesting: NFT royalty data can live at the asset-contract level.
With LSP8 + LSP18, a collection can publish who should receive royalties and in what share.
Imagine a music NFT where the artist, producer, and cover designer are all listed from day one, so apps can read the split later instead of guessing from an old mint page.