Moonstake, an Asia-based staking pool network, today announced it will collaborate with the IOST blockchain development team, to enable staking functionality for IOST coin on its platform.
After its full-scale operation launch back in August 2020, Moonstake’s total staking assets now sit at over $900 million and the Moonstake platform is now one of the top 10 largest staking service providers.
The Moonstake’s staking community can easily earn staking rewards from all the high-demand PoS coins on the market including Cosmos, IRIS, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, and soon, IOST.
Meanwhile, IOST is an enterprise-level blockchain network developed for online service providers. It utilizes a unique, breakthrough consensus algorithm called “Proof of Believability” (PoB) that allows high transaction throughput speeds while all the nodes stay compliant.
“We’re pleased to collaborate with Moonstake, one of the world’s top 10 largest staking providers with user-friendly, secure, and highly powerful staking wallets. IOST is always looking to partner with reputable projects and so far, we are very much impressed with the market position Moonstake has achieved in just one year since launch. We look forward to increased adoption of IOST staking and the IOST network following the launch of IOST staking on Moonstake Wallet as well as further collaboration opportunities with the Moonstake team.”
– Jimmy Zhong, CEO at IOST
Also this week, IOST announced a new partnership with LinkFlow to further expand the DeFi and prime brokerage sectors to the IOST ecosystem.