This article was first published on Stories by IOS Foundation on Medium
7 May 2021, IOST has formally joined forces with Moonstake to enable staking functionality for IOST coin on Moonstake wallets.
Moonstake started in the staking business last year with the aim to create the largest staking network in Asia. Since then, Moonstake has developed the most user-friendly wallets for both Web Wallet and Mobile Wallet (iOS / Android) that are compatible with over 2000 cryptocurrencies.
After a full-scale operation launched in August 2020, Moonstake’s total staking assets now sit at over $993 million and the Moonstake platform is now one of the top 15 largest staking service providers globally in just one year. The Moonstake’s staking community can easily earn staking rewards from all the high-demand PoS coins on the market including Cosmos, IRIS, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, and soon, IOST.
Meanwhile, IOST is an enterprise-level blockchain network developed for online service providers. It utilizes a unique, breakthrough consensus algorithm called “Proof of Believability’’ (PoB) that allows high transaction throughput speeds while all the nodes stay compliant. Recently, IOST experienced a tremendous 650% boost in market price due to its entrance into the DeFi and NFT arenas as well as getting staking support and increased staking volumes on major global exchanges such as Binance and Houbi.
With seasoned development teams and robust enterprise partnership networks across the globe, the collaboration between Moonstake and IOST promises to bring about a satisfactory staking experience for IOST holders on Moonstake Wallet.
The full integration of Moonstake wallet shall happen within May, and Moonstake will also join the IOST ecosystem as a partner node.
Jimmy Zhong, CEO at IOST says:
“We’re pleased to collaborate with Moonstake, one of the world’s top 10 largest staking providers with user-friendly, secure, and highly powerful staking wallets. IOST is always looking to partner with reputable ...
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Stories by IOS Foundation on Medium