Iota's staking feature is now active on the mainnet, with Figment providing secure validator support and real-time reward tracking for token owners.
The Evolution of Staking on IOTA's Mainnet is Here!
Get ready for the future of blockchain participation, as IOTA’s mainnet staking goes live through Figment! This game-changing integration opens up a world of possibilities for token holders, aligning their interests with high-performance, enterprise-grade Layer-1 blockchain development.
As the blockchain world grows and evolves, staking becomes more than just a passive income strategy; it's an opportunity to contribute to decentralized security while supporting long-term project visions. And for IOTA, known for its feeless architecture and real-world use case focus, this development only strengthens its potential as a foundation for scalable, trusted decentralized applications.
Figment, one of the most reputable institutional staking providers, is now launching a public validator on the IOTA network, welcoming both institutional and individual participants to seamlessly delegate tokens and start earning IOTA staking rewards.
But what makes IOTA special among other Layer-1 blockchains?
IOTA's Unique Edge in the Blockchain World
Compared to traditional blockchains with linear chains of blocks, IOTA uses a Directed Acyclic Graph (DAG) architecture. This structure enables parallel transaction processing, boosting scalability and throughput. IOTA's defining feature, transactions validating each other instead of waiting in a queue, makes it an excellent choice for applications requiring high-speed, real-time data handling and payments.
Another exciting feature of IOTA is its multi-VM smart contract support. With options like MoveVM (inspired by Facebook's Move language) and EVM compatibility through a Layer-2 sidechain, developers have unparalleled flexibility in using tools that suit their expertise and application needs.
Recent updates, like the Rebased Protocol upgrade, have introduced delegated Proof-of-Stake (DPoS), bringing true decentralized validator operations and new governance mechanisms. With this change, IOTA further establishes itself as a secure, scalable, and developer-friendly Layer-1 blockchain tailored for enterprise and government use.
The Importance of IOTA Staking Now More Than Ever
As blockchain technology finds its way into real-world applications, staking transforms into a mechanism that extends far beyond passive income. With IOTA staking, you aren't just earning rewards—you're also contributing to the governance and decentralization of a rapidly expanding ecosystem focusing on sectors like digital identity, smart cities, supply chains, and tokenized assets. Here's what forging ahead with IOTA staking through Figment brings:
- Feeless Transactions: These are ideal for micro-transactions or data sharing.
- Instant Unbonding and Compounding Rewards: These features offer better liquidity and allow token holders to maximize their rewards efficiently.
- Smart Contract Support: This enables DeFi and asset tokenization use cases.
- Interoperability with Both EVM and Move-based Environments: This flexibility opens up opportunities for a multitude of applications.
Whether you're a developer, institution, or crypto enthusiast, staking IOTA through Figment presents a path to one of the most technologically advanced and enterprise-focused networks available today!
How Figment Amplifies the Staking Experience
In addition to validator services, Figment offers a robust infrastructure to ensure a top-tier staking experience, appealing to both individual users and major token holders. Benefits of staking with Figment include:
- Transparent Earnings Tracking: Real-time monitoring of your rewards ensures you know exactly what you're earning.
- Institutional-Grade Uptime & Security: Ensuring your validator remains reliable, so you can focus on reaping the benefits of your investments.
- 24/7 Expert Support: Ensuring you're never left in the dark if you need help managing your staking process.
- Built on Trust: Figment's reputation as a validator across leading networks assures you're dealing with a trusted partner.
Ready to join the IOTA staking revolution? Delegate your tokens to Figment and get ready to experience the future of blockchain participation!
[1] Tech Bullion (2021). IOTA Network Partners with Figment for Mainnet Staking. https://techbullion.com/iota-network-partners-with-figment-for-mainnet-staking/[2] CoinJournal (2021). IOTA Launches Mainnet Staking, Announces Partnership With Figment. https://coinjournal.net/iota-launches-mainnet-staking-partners-with-figment/[3] IOTA (2021). IOTA Reaches New Milestone with Mainnet Staking Launch and Figment Partnership. https://iota.org/blog/iota-reaches-new-milestone-with-mainnet-staking-launch-and-figment-partnership[4] IOTA (2021). IOTA's Community-Owned Development Fund Unveils Latest Contributions to the Ecosystem. https://iota.org/blog/iotas-community-owned-development-fund-unveils-latest-contributions-to-the-ecosystem[5] IOTA (2021). TokenLabs Joins IOTA Network as a Validator Node Operator. https://iota.org/blog/tokenlabs-joins-iota-network-as-a-validator-node-operator
- Embrace the progression of decentralized technology as IOTA's mainnet staking, enabled by Figment, enters the scene, signifying a novel avenue for token holders to align with the development of high-performance Layer-1 blockchain solutions.
- IOTA's adoption of a Directed Acyclic Graph (DAG) architecture offers significant advantages over traditional blockchain structures, boosting scalability, throughput, and making it suitable for real-time, high-speed applications.
- The versatility of IOTA's multi-VM smart contract support, including MoveVM and EVM compatibility through a Layer-2 sidechain, grants developers unparalleled flexibility in choosing tools best suited for their expertise and project needs.
- The Rebased Protocol upgrade has solidified IOTA as a secure, scalable, and developer-friendly Layer-1 blockchain tailored for enterprise and government use, with its delegated Proof-of-Stake (DPoS) system and updated governance mechanisms.
- IOTA staking transcends passive income, offering token holders the unique opportunity to contribute to the governance and decentralization of an expanding ecosystem that targets sectors like digital identity, smart cities, supply chains, and tokenized assets.
- Figment's staking services provide benefits such as transparent earnings tracking, institutional-grade uptime and security, 24/7 expert support, and a built-on-trust reputation, enhancing the staking experience for both individual users and large token holders.
- By delegating tokens to Figment, you can participate in the IOTA staking revolution, enjoying feeless transactions, instant unbonding and compounding rewards, smart contract support, and interoperability with both EVM and Move-based environments, all while contributing to the growth of a cutting-edge, enterprise-focused network.
