As a Layer 2 solution utilizing a network of Proof-of-Stake validators for asset security, staking is an integral part of the Matic ecosystem. Matic uses an account based variant of More Viable Plasma to guarantee the security of assets on the main-chain and it ensures the security of generic transactions by using a decentralized network of Proof-of-Stake Validators.
We are therefore onboarding a series of tier-1 industry Validators to take part in our PoS consensus model, alongside community-run Validator nodes, to ensure the utmost network security and performance.
Our mainnet will launch with ~100 Validators to start with. That said, those who wish to stake but do not wish to be a Validator, or aren’t able to be a Validator, can delegate their tokens to a Validator of their choice and still take part in our staking process.
Stake.fish will be one of these Validators in our staking ecosystem, allowing MATIC holders to delegate their tokens to stake.fish’s Validator node in order to generate a passive income via staking rewards.
Find our more about our staking rewards structure in our Staking Economics blog post here.
As well as contributing to network security and providing staking services for the community, we will also be collaborating closely with our Official Staking Partners to utilize their expertise on staking economics, work with them on testnet event stages, and conduct outreach to spread awareness of Matic’s staking program.
stake.fish has been operating as a premier staking service provider for over a year, and has grown to become one of the industry’s leading staking service providers. Stake.fish provides Validation services for many of the industry’s top Proof-of-Stake blockchains. The company prides themselves on the stringent due diligence they conduct on each project they decide to support.
Stake.fish invests a lot of time and effort setting up robust Validator nodes and have stringent security measures in place to ensure the highest possible node uptime. They also ‘put their money where their mouth is’ by staking their own tokens through their Validator nodes. We’re thrilled to have stake.fish as a Validator and look forward to working with them to ensure a strong staking ecosystem for Matic Network.
Growing our Decentralized Validator Network
This is only the beginning of our Staking Partner onboarding, many more reputed industry players will be joining as we continue to expand our decentralized network of Validators. Our staking ecosystem will continue to grow stronger as we move towards our staking launch.
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