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- Staking Insider #5
GM fellow staker,
With XRP winning their landmark case, Ethereum touching $2k again and +$1.17B Net Staking Inflows into the Global Staking Market over the past 7 days, there has never been a better time to learn how to stake smarter!
🧵 In this week’s edition:
👨💻 Redefining Incentives for Developers
🤓 Staking Metric of the Week
📰 Weekly Briefing
📈 Annualized Rewards in USD for Top 10 POS Assets
👀 Something New on the Horizon
Read time: 3 minutes
👨💻 Redefining Incentives for Developers
We all know that innovation pushes the industry forward.
What if developers had a better way to get rewarded for making that happen…
A new blockchain in the Cosmos network that recently hit Mainnet, could be the ultimate solution for pushing the envelope further.
Archway is a new Layer-1 that rewards developers for building on the network with baked-in incentives.
The protocol provides developers with the tools to quickly build and launch scalable cross-chain dApps and receive rewards for the value that the dApps contribute to the network.
Dive into a comprehensive look at Archway's Rewards System to learn more.
🤓 Staking Metric of the week
The Staking Asset Explorer is a treasure trove of data!
This week we’re looking at the Net Staking Flow 24h, a brand new metric you can use straight away on our Staking Asset Explorer (beta).
The Net Staking Flow 24h represents the number of tokens staked in the last 24 hours minus the number of tokens unstaked in the last 24 hours, multiplied by the current price of the asset.
A positive net staking flow indicates an increase in staked tokens, while a negative net staking flow indicates a decrease. As this metric is displayed in USD, it can easily be compared between assets.
📰 Weekly Briefing
More top news this week from the world of crypto & staking…
Ripple wins case against SEC as judge rules XRP is not a security
Multichain issues urgent warning amid $126 million asset outflow
Polygon proposes token switch from MATIC to POL for more utility
In Q2, the NEAR network maintained a stable level of daily active accounts, averaging 58,000 active accounts per day
📈 Annualized Rewards in USD for Top 10 Assets
ETH is leading the pack with $2.01B in annualized rewards (no surprises there). SOL comes in second with $617M, followed by ATOM in third with $466M.
Annualized Rewards in USD for Top 10 Assets
🤫 Something New on the Horizon
Coming soon to the Staking Rewards website….
A better way to track the performance of your favorite POS Assets over time. Get a glimpse of what’s coming within the next few weeks below.
📡 To Keep on Your Radar
🎬 That’s a wrap!
We’re stoked to have you subscribed to the Staking Insider. Let us know what you thought of this week’s edition…
Disclaimer: None of this is financial advice. The Staking Insider newsletter is strictly for educational purposes and is not investment advice. Please be careful and always do your own research.
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