staking

Matic Network Aims for 80% Token Lockup in New Staking Program

Matic Network Aims for 80% Token Lockup in New Staking Program

Matic Network announced Sunday that the first iteration of its staking solution was now live. Launched in stages, direct staking will initially be restricted to the Matic Foundation, the non-profit behind the Ethereum-based scaling solution, which will stake tokens on users’ behalf, the company said in a press release. The Matic Network is a dapp-ready …

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Industry Group Led by Polychain, Coinbase Seeks to Get Ahead on Staking Regulations

Industry Group Led by Polychain, Coinbase Seeks to Get Ahead on Staking Regulations

The Proof of Stake Alliance (POSA), an industry advocacy group, is publishing a series of recommended standards for companies participating in a proof-of-stake consensus protocol in an effort to reduce regulatory clampdowns on different networks. The group met with members of the U.S. Securities and Exchange Commission (SEC) earlier this year to discuss their proposals …

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