Introducing Co-Staking Marketplace by io.net
- net’s Co-Staking Marketplace is now live enabling the sharing of staking rewards.
- No hardware is needed for $IO holders to earn staking rewards with Co-Staking.
- The Co-Staking Marketplace connects hardware suppliers with token holders for mutual benefits.
Democratizing Staking with Co-Staking Marketplace
io.net, a prominent platform in the DePIN (Decentralized Physical Infrastructure Networks) sector, has introduced the Co-Staking Marketplace. This innovative feature allows users to collaborate and share block rewards, eliminating the need for physical hardware.
Empowering the Community
The Co-Staking Marketplace acts as a link between device suppliers and $IO token holders, making staking accessible to a wider audience. Suppliers can list their devices, specify stake requirements, and share block rewards with co-stakers, promoting inclusivity and lowering financial barriers.
Enhanced User Experience
In addition to the Co-Staking Marketplace, io.net has launched the Explorer Staking Dashboard. This centralized hub enables users to track earnings, analyze trends, and stay informed with real-time data, ensuring a transparent staking environment.
Clear Guidelines and Responsibilities
Clear guidelines are provided for setting up co-staking offers, participating as a co-staker, and managing stakes. A slashing mechanism is in place to maintain network integrity, penalizing devices that fail to meet standards. This underscores the importance of reliability in the ecosystem.
Overall, the launch of Co-Staking by io.net marks a milestone in decentralized computing, creating a more inclusive, efficient, and rewarding environment for all participants.