Name of the node operator: Stakin
Location of headquarters: Estonia
Network: Ethereum, Gnosis Chain
Revenue share percentage requested: 50%
Stakin is an infrastructure operator for Proof-of-Stake (PoS) public blockchains offering non-custodial delegation services. The company enables PoS cryptocurrency holders to earn interests on their holdings, and take part in decentralized governance while remaining in possession of their own cryptocurrencies.
Stakin serves institutional crypto players, foundations, custodians, exchanges as well as a large community of individual token holders. Driven by demand from institutional customers and the community, Stakin provides services for multiple blockchains including leading ecosystems such as Ethereum, Cosmos, Solana, Polygon, Terra Money, Polkadot, and more. As of March 2022, Stakin operates on 33 blockchain protocols with ~$1.2bn in Assets under Delegation, providing services to more than 20,000 delegators.
Stakin has been working with StakeWise core development team in the early testnet stages of the product. The company deployed ETH2 staking infrastructure on testnet back in November 2021, and have been maintaining it since then.
Decentralized liquid staking solutions are the best solution to the high concentration of voting power in exchanges, and contribute to decentralization by delegating to a diverse set of validators via objective and transparent criteria. There will be an ecosystem of staking derivatives and new products to build on top of liquid staking, with integrations in leading DeFi Dapps but also with the more traditional and regulated financial systems. StakeWise, with its dual token approach, offers a novel approach and is uniquely positioned to integrate with the DeFi landscape.
As always, we invite StakeWise DAO members as well as the members of the existing node operator set to share thoughts & comment on the operator CV.