JK | Staking.xyz ✦

In crypto, figuring things out. Subscribe to the Validator digest: Building @ApybaraIO @staking_xyz. Ex-@stakefish.

[JK | Staking.xyz ✦ @proofofjk]

I am excited to unveil @staking_xyz and begin our journey to make staking easy!

The multi-asset staking experience has not seen any improvements for the past 4 years. I want to change that.

https://t.co/NLdWSmyNML will be the only platform you need for all of your staking needs

[Staking.xyz ✦ @staking_xyz]

✦ Hello world ✦

We are excited to unveil https://t.co/whhtKsXZHS. Staking plays a key role in the crypto ecosystem, yet it is difficult to understand and begin staking.

We are here to make staking easy for everyone. Learn more about us in our launch post!

https://t.co/EGp3jG1xTM

Remember to follow us to stay tuned for further updates.

[JK | Staking.xyz ✦ @proofofjk]

🦅 Another week of Validator digest! Here are a few expectations (hopes) with the new US leadership:

- Actions against MetaMask and Coinbase dismissed.
- LST / LRT + ETFs.
- No more US restrictions for validator programs.
- ETFs offering staking yield.

https://t.co/w1sCK9h5T4

[Kairos Research @Kairos_Res]

https://t.co/vLWGsEBhB3

[JK | Staking.xyz ✦ @proofofjk]

🪐 Covered in this week's Validator digest:

Cosmos stack domination, Astria, Elixir, MANTRA, Stacks, Story, Token Terminal x firstset and more!

https://t.co/XYuNStWZhN

[Robbie Petersen @robbiepetersen_]

https://t.co/akOmautE9q

[JK | Staking.xyz ✦ @proofofjk]

More selling pressure -> prices drop -> need to allocate more incentives -> adds more selling pressure -> ...

At the moment, I can only think of ve- type tokenomics that can counteract this downward spiral. Otherwise, AVSs will need to move away from accepting ETH as stake.

[Brian Fabian Crain @crainbf]

One of the biggest challenges of the restaking category is that if you pay staking rewards in your native token to people putting up ETH (or BTC or some other asset) as collateral, they will just sell these tokens to earn more of the asset they already hold.
So rewards = direct sell pressure.
This is not a problem you have in normal PoS systems.

[JK | Staking.xyz ✦ @proofofjk]

🚗 Welcome to another week of Validator digest!

Going into BNB Chain, Elixir, Ethereum, Solana updates. Shared a few interesting posts from Chorus One and Lavender.Five.

https://t.co/WZL6WZXL9D

[JK | Staking.xyz ✦ @proofofjk]

@0xbeans Time to leave when we can no longer do this.

[JK | Staking.xyz ✦ @proofofjk]

@lavender_five Solid list ngl. Hoping more L1s see this.

[JK | Staking.xyz ✦ @proofofjk]

🦄 Welcome to another week of Validator digest. Biggest news for the past week was undoubtedly the @unichain announcement.

Massive opportunity for validators to get involved with (arguably) the project closest to mainstream adoption!

https://t.co/Ipko6j6aeo

[Lavender.Five Nodes 🐝 @lavender_five]

Some dos/dont's:

1. don't enable inflation on block 1 or VP will get rekt
2. delegate as much of what you want to delegate through genesis instead of later or VP will get rekt
3. Give Investors vested allocation from genesis, don't send them tokens
4. Create a war room with Service providers
5. If Tendermint, set a launch time not just let everybody get online 1 by 1, every minute in the death zone (66%) is one too many
6. Clearly label versioning through the Standardized v0.0.0 format and name the upgrades/launches
7. Provide time for genesis creation, no need to rush now.
8. If airdrop, put it in genesis - no need to have people claim.
9. Be clear about the non-existence of non-native versions of the token
10. Support Ledger or Msigs for validators from day 1
11. Don't re-use ANYTHING from Testnet, new state, new keys, new everything!
12. People WILL bridge, even if you don't want to yet. Claim the paths and contracts you need
13. Spread binary publically before launch, verification and time to test is key
14. Pre-create Chain-registry, wallet registries and other commits into a personal repo, push with github actions when launching
15. Smile, its your special day 💜

[jeremy @_jnic]

Good read from @jon_charb on L1 and L2 value capture by way of @proofofjk's Validator Digest.

TEV = Network Fees + MEV Tips + Issuance
REV = Network Fees + MEV Tips
Token Holders’ Net Income = REV – Operator Payments

[JK | Staking.xyz ✦ @proofofjk]

Validator generated content are goldmines. Check out @SimplyStaking coverage of @namada upcoming mainnet launch.

[Simply Staking ⚫️🟠 @SimplyStaking]

Mainnet soon @namada? Yep 🫨

As we gear up & get ready for mainnet, we thought it'd be helpful to take a look at Namada's journey to this point - and what lies ahead for their #mainnet.

In this weeks article we cover it all - from recapping all the way to a nuanced look at what we're in for with the hub 🚀

https://t.co/U7vqwuombv

[JK | Staking.xyz ✦ @proofofjk]

@Leozayaat But L2s could change user behavior here by incentivizing home grown Dexes. Like Aerodrome is consistently ahead of Uniswap on Base, so it seems doable.

[JK | Staking.xyz ✦ @proofofjk]

Curious how the other L2s feel about Unichain. Given Unichain is a general purpose L2, I can't imagine L2s feeling comfortable to push or incentivize Uniswap deployments on their own L2s.

[JK | Staking.xyz ✦ @proofofjk]

@lounlee0 Will cross-chain liquidity come into use any time soon? Also, even they are relevant, don't L2s want liquidity on *their* chain?

Why wouldn't L2s just push for home grown Dexes now as opposed to pushing for Uniswap?

[Four Pillars @FourPillarsFP]

: : Restaking Stack: Categorizing the Restaking Ecosystem
Written by @IngsParty

🧵 Restaking uses staked assets to secure other blockchains, improving liquidity, scalability, and offering extra rewards.

Let's find out how far this ecosystem has come through the Restaking Stack.

[JK | Staking.xyz ✦ @proofofjk]

Another week of Validator digest!

This week I've covered Celestia, Polkadot, Stacks, and Tezos. Tezos has been going through a contentious governance proposal, so that's been an interesting one to dive into.

Please subscribe if you find this useful :)

https://t.co/OeODgYA62x

[JK | Staking.xyz ✦ @proofofjk]

Third issue of Validator digest is here.

This time I've aggregated a list of some good writings on AVS risk frameworks. With $EIGEN unlocks, things will only accelerate on the restaking front!

https://t.co/em2gPxysMv

[Commit-Boost 📻 🕶️ 🦇🔊 @Commit_Boost]

1/ We are excited to share that Commit-Boost is headed towards audit and production! As an open-source, public good, this could not have been possible without many teams across the Ethereum Community. Thank you for all your time and effort! See below 👇

[Starknet (Privacy Arc) @Starknet]

Starknet has always placed great importance on decentralization; as such we are proud to be the first to introduce staking on L2.

While Starknet’s transition to a fully decentralized PoS network will take some time, the first phase of staking has already begun and will be complete during this year:

✅ STRK staking contract (btw an audit contest is currently running around this contract: https://t.co/I10f8kgAvV)
✅ Community governance about the STRK staking parameters (below are the figures at launch, resulting from this vote)
⏳ Testnet of the first phase (Q4 2024)
⏳ Mainnet of the first phase (Q4 2024)