Trusted Node Launches Staking Portal — Boosted Yield Generation. Intuitive UX.
Trusted Node is simplifying PoS staking and making yield generation easier and more meaningful than ever before. We’re taking the next step to bring you a seamless process for reaping lucrative fixed income via our validator network for proof-of-stake blockchains, in line with our mission to give our users open access to PoS network rewards.
We are pleased to introduce the Trusted Node Staking Portal, a hassle-free web app for deriving rewards from PoS staking.
The Staking Portal Turns Your Idle Tokens into Yield-Generating Assets
To understand how the Staking Portal works, we need to zoom out and mention the Trusted Node DAO that operates a network of trusted validator nodes. Automated staking protocols delegate coins put forward by Trusted Node’s users to the validator nodes of their choice, and then distribute the blockchains’ native tokens as rewards to them.
That means cryptocurrencies that would otherwise be sitting dormant in your wallet could be mobilized to generate steady income.
Trusted Node’s Staking Portal removes the technical complexity of interacting with proof-of-stake mechanisms by presenting a user-friendly interface, which delivers a frictionless experience for deriving yield. On top of that, by delegating your tokens and becoming part of the process of validating transactions, you are contributing to the progress of next-generation networks by making them more secure.
This is what our delegation portal looks like:
The Staking Portal will be released on October 15. For now, it will operate on Sentinel, Regen, Atom, Persistence, and Iris. Trusted Node is also exploring the possibility of integrating other mainstream proof-of-stake and delegated proof-of-stake blockchains for even more options of yield generation for our users.
To illustrate the power of our Staking Portal, we’ve tested it for you. Since March 5, we’ve delegated $DVPN to Trusted Node’s network of validator nodes. The result? A whopping 520% return on investment. We compared that to keeping $DVPN on an exchange, which would have yielded 400% ROI, a 120% shortfall compared to Trusted Node. The numbers speak for themselves.
What Else Is in Trusted Node’s Pipeline?
The Staking Portal is one aspect of Trusted Node’s platform. We will release more components as we continue to build the ultimate destination for easy access to proof-of-stake rewards.
Trusted Node will have five segments working in tandem with the Staking Portal to achieve our vision:
Users can provide liquidity to Trusted Node’s Vaults to earn a share of transaction fees or $TNODE tokens as incentives.
Liquid Staking gives our members a way to stake native assets and earn PoS yields while maintaining liquidity. These PoS rewards can be claimed as native, liquid, or $TNODE tokens.
Trusted Node’s Bridges will enable users to move from chain to chain and achieve interoperability, all presented with a smooth user experience. More broadly, this is important for mass adoption of Trusted Node’s platform as we include validator nodes on more networks as part of our ecosystem.
The Multichain Governance is where $TNODE holders can vote on matters related to the Trusted Node DAO. That voting power goes even further because it can guide the votes of individual validators as they shape the direction of their respective blockchains.
DAO Escrow is where our members can lock $TNODE tokens in exchange for a yield multiplier in the Liquidity Vaults, daily protocol fee payouts, discounted fees in the Staking Portal, and voting power in the Multichain Governance Portal.
As Trusted Node evolves, we look forward to presenting our all-in-one PoS staking, governance, and reward generation solutions to the global DeFi community. For now, try out our Staking Portal to start enjoying better yields and securing the networks you depend on.
Be sure to keep an eye on our social media feeds for launch announcements, and then head to trustednode.io to begin using the Staking Portal!
About Trusted Node
Trusted Node is creating a validator network for proof-of-stake and next-generation blockchains. It allows for professional stewardship of the network while providing yields to stakeholders who participate in the decision-making around nodes in the network infrastructure.
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