May 25, 2021 | Business
Starting from today, users can stake IOST to earn passive income on Moonstake Web Wallet. Through formal technical collaboration with the seasoned development team behind IOST, the integration fulfills its promise of bringing about a satisfactory staking experience for IOST holders on Moonstake Wallet.
Now users of Moonstake Web Wallet can hold, send, receive, and stake their IOST to receive rewards with the best user experience through one single click. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality and Orbs, IOST became the 12th available staking coin on Moonstake.
Moonstake started the staking business last year with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake’s total staking assets have grown rapidly to reach $1 Billion, allowing Moonstake to become one of the top 10 staking providers globally.
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 and virtually zero gas fees while all the nodes stay secured and compliant.
Moonstake and IOST announced their partnership earlier this month, in which Moonstake will become an official node partner of IOST to enable seamless staking experience of IOST assets for crypto holders on the Moonstake platform. The two projects have expressed keen interest in exploring deeper collaboration opportunities beyond becoming node partners.
To celebrate the launch of IOST staking, Moonstake is running a special campaign that allows users to create a free IOST account right inside the wallet interface. This offer will only run from from 25 to 31 May 2021 so hurry up and get your free IOST account with us.
How to create a free IOST account on Moonstake through this campaign:
(If you are a new user)
1. Register with Moonstake Web Wallet (https://wallet.moonstake.io).
2. IOST is already added to your Wallets screen by default. Proceed to step 3 below.
(If you need to add IOST to an existing Moonstake Wallet)
1. On Wallet, click the “Add coin” button to add IOST.
2. Enter your wallet password to confirm the addition of IOST.
3. From the wallet screen, select IOST and click the “Create Account” button.
4. That’s it! The free IOST account will be created for you automatically.
How to stake IOST on Moonstake Wallet
1. From the wallet screen, select IOST. If you do not have an IOST account yet, please click “Create Account”.
2. Obtain GAS and RAM before staking (see How to Obtain GAS and RAM below)
3. To start staking IOST, click “Stake Now”.
4. Confirm the staking information, then click the “Staking” button and enter your wallet password.
How to Manage GAS and RAM
GAS is used as a fee for the use of IOST. When you first create an IOST with Moonstake, your GAS limit will be 3 million, with about 1 million immediately available for use. By pledging (locking) your IOST, you can increase this GAS limit.
1. Click “Manage” from the available GAS on the Staking screen.
2. Click on Pledge Quantity from the Available GAS screen and enter a value in the Pledge Quantity field. The GAS limit will increase by 300,000 per IOST.
3. If you wish to obtain GAS in your current account, leave this field as is.
4. Click “Continue” and enter your wallet password to complete the pledge.
Meanwhile, RAM is used in staking IOST and you can exchange RAM on Moonstake as follow:
To buy RAM:
1. Click the “Purchase” button on the Available RAM screen.
2. Enter the quantity in the “RAM Quantity” field on the Available RAM screen.
3. If you wish to purchase RAM for your current account, leave this field as is.
4. Click “Continue” and enter your wallet password to complete.
To sell RAM:
1. Click the “Sell” button on the Available RAM screen.
2. Enter the quantity in the “RAM quantity” field on the Available RAM screen.
3. Click “Continue” and enter your wallet password to complete.
You need both GAS and RAM to stake as well as unstake IOST.
How IOST Staking Works:
GAS and RAM are required when staking, unstaking, and receiving staking rewards. GAS can be obtained by pledging IOST and RAM must be purchased by IOST. GAS limit can be increased by pledging for other accounts and RAM can also be purchased for other accounts.
How to get Rewards for IOST staking:
The staking rewards are paid out daily and the Ecosystem Bonus Rewards are paid out quarterly. To get the staking reward displayed in the reward column of the staking screen, click the “Receive Reward” button at the bottom of the screen. Please confirm the displayed contents and enter the sending password. Note that GAS and RAM are required to receive the reward.
How IOST unstaking works:
If you wish to redeem your votes (unstaking), it takes 3 days. After redemption, you can vote again, trade or withdraw. Note that the distribution of rewards will stop once you initiate the vote redemption process.
Moonstake looks forward to deeper cooperation with IOST to bring the valuable staking ecosystem to coin holders worldwide.
About Moonstake
Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.
Moonstake aims to be the largest staking pool network in Asia by providing an active environment for crypto asset holders. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia’s burgeoning Distributed Ledger Technology (DLT) ecosystem. Partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan’s biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore-listed company. Industry’s reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake’s innovative journey.
With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 800 Million. https://www.moonstake.io/
About IOST
Supported by Sequoia, Matrix, ZhenFund, and other major investors, IOST is an enterprise-level blockchain platform developed for online service providers.
The IOST project team is currently mainly composed of R&D personnel focusing on blockchain distributed technology. The team is formed by experienced blockchain industry experts who have graduated from world top universities such as Princeton, Stanford, MIT, Tsinghua University, and Beijing University.
With a two-year-old mainnet, IOST has swiftly risen to become a world-leading public chain renowned for its numerous government collaborations and enterprise partnerships around the world. IOST is one of the Big Four public chains with a rich user base and real applicability alongside Ethereum, EOS, and TRON. 500,000 community members, over 20 countries worldwide, over 400 nodes, top staking economy, and growing. https://iost.io/
Topic: Press release summary
May 10, 2021 | Business
Today, staking of Orbs’s native token, ORBS, is officially available on Moonstake’s Web Wallet. ORBS fuel all activities on the Orbs blockchain including smart contracts, transaction fees, and consensus-based storage is currently ranked #5 in the Top 10 trending crypto coins by CryptoCrunchApp. Additionally, Moonstake is now officially a Guardian for Orbs Universe to help facilitate network security.
Now Moonstake’s wallet users can hold, send, receive, and stake their ORBS to receive rewards with the best user experience through one single click. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality and Orbs became the 11th available staking coin on Moonstake Wallet.
Moonstake started the staking business last year with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake’s total staking assets has grown rapidly to reach $900 Million, allowing Moonstake to become one of the top 10 staking providers globally.
Moonstake and ORBS entered into a strategic partnership in March, 2021. Through this partnership, Moonstake actively developed support for the staking of ORBS, Orbs’ official token, on Moonstake Wallet, as well as participating further in the Orbs blockchain ecosystem. The two parties will also host community building programs, research, training, events, and conferences with the goal to increase awareness and adoption of Blockchain and Distributed Ledger Technology in the Banking and Finance Industry. Moonstake and Orbs will discuss further potential provision of consulting services to financial institutions in the regions of Southeast Asia and Middle East.
How to stake ORBS on Moonstake Wallet
Here’s a simple 3-step process to stake ORBS with Moonstake Wallet:
1. Register your Moonstake Web wallet (https://wallet.moonstake.io)
2. From the wallet screen, select ORBS and click the “Stake Now” button.
3. Confirm the staking information, then click the “Staking” button and enter your wallet password.
How ORBS Staking Works:
– Hold ORBS Token and no minimum amount for staking.
– Agree to lock in and stake ORBS.
What is Guardians Role:
Guardians play a central role in the Orbs PoS model – they are expected to be key participants within the Orbs Universe, who enforce the security of the network, align with the long term Orbs vision and actively work to make this vision a reality. A core role of the Guardians is to review the Validators, monitor their operations and ensure proper network operation and security by approving Validators that follow the protocol correctly.
How to get Rewards of ORBS staking:
Token holders that delegate to an active Guardian are rewarded in proportion to their stake. Annual reward is up to 8% of the Delegators staked tokens (subject to an 80M Orbs Token cap on total rewards).
* Delegators are ORBS token holders who assign their voting weight (stake) to Guardians, empowering them to maintain security and uphold the long term vision of the ecosystem.
How ORBS unstaking works:
If token holders want to send an asset that is currently staked, they will need to unstake it first. The unstaking of tokens will take a full 14 days before they become available, therefore you will not be able to send the tokens immediately. The period during which the tokens cannot be transferred is called the “lock period”.
Moonstake looks forward to deeper cooperation with Orbs to increase our market presence in the key regions of Japan, Southeast Asia, and the Middle East, as well as bring the diverse ecosystem of staking coins to user communities worldwide.
About Moonstake
Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.
Moonstake aims to be the largest staking pool network in Asia by providing an active environment for crypto asset holders. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia’s burgeoning Distributed Ledger Technology (DLT) ecosystem. Partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan’s biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company. Industry’s reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake’s innovative journey.
With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 900 Million. https://www.moonstake.io/
About Orbs
Orbs is a free, open-source, public blockchain infrastructure designed for mass usage applications, providing enterprise-grade scale, security and support. Orbs blockchain network expands the offerings of public blockchains by supporting permissioned applications developed by existing for-profit businesses, while also supporting purely decentralized apps and being a prime platform for launching decentralized finance applications. Founded in 2017, Orbs is being developed by a dedicated team of more than 30 people out of its offices in Tel Aviv, Israel, London, UK, Singapore, and Seoul, South Korea. Orbs was named Gartner’s “Cool Vendor in Blockchain Technology” for 2018. https://www.orbs.com/
Topic: Press release summary
May 8, 2021 | Business
Today, Moonstake announces it has formally joined an alliance with the IOST blockchain. Through this partnership, Moonstake will collaborate with the IOST development team to enable staking functionality for IOST coin on our wallets.
Moonstake started in the staking business last year with the aim to create the largest staking network in Asia. Since then, Moonstake has developed the most user-friendly wallets for both Web Wallet and Mobile Wallet (iOS/Android) that are compatible with over 2000 cryptocurrencies. After a full-scale operation launched 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 globally in just one year. 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.
With seasoned development teams and robust enterprise partnership networks across the globe, the collaboration between Moonstake and IOST promises to bring about a satisfactory staking experience for IOST holders on Moonstake Wallet.
Mitsuru Tezuka, Founder at Moonstake says: “We’re excited to partner with IOST, an esteemed leading blockchain platform, to enable the IOST staking for token holders on Moonstake Wallet. The demand for IOST staking has been on the rise on the market recently following the many great strategic achievements of the IOST network and we can’t wait to bring this much-requested feature to our users. Moonstake also looks forward to potential deeper collaboration opportunities in different fields of decentralized technology with the innovative experts at IOST.”
Jimmy Zhong, CEO at IOST says: “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.”
About Moonstake
Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.
Moonstake aims to be the largest staking pool network in Asia by providing an active environment for crypto asset holders. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia’s burgeoning Distributed Ledger Technology (DLT) ecosystem. Partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan’s biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore-listed company. Industry’s reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake’s innovative journey.
With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 900 Million. https://www.moonstake.io/
About IOST
Supported by Sequoia, Matrix, ZhenFund, and other major investors, IOST is an enterprise-level blockchain platform developed for online service providers.
The IOST project team is currently mainly composed of R&D personnel focusing on blockchain distributed technology. The team is formed by experienced blockchain industry experts who have graduated from world top universities such as Princeton, Stanford, MIT, Tsinghua University, and Beijing University.
With a two-year-old mainnet, IOST has swiftly risen to become a world-leading public chain renowned for its numerous government collaborations and enterprise partnerships around the world. IOST is one of the Big Four public chains with a rich user base and real applicability alongside Ethereum, EOS, and TRON. 500,000 community members, over 20 countries worldwide, over 400 nodes, top staking economy, and growing. https://iost.io/
Topic: Press release summary
Apr 17, 2021 | Business
Moonstake and our strategic partner, Orbs blockchain, will hold a joint webinar on 21st of Apr at 7PM in Singapore time. We will discuss the future collaboration of Moonstake as a Guardian (validator) of ORBS and Blockchain Applications for Businesses and Finance. This webinar will be useful for those who want to learn more about Orbs and the applications of blockchain and staking for businesses. ORBS staking will be made available on Moonstake Wallet in the coming week. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras and Centrality, ORBS becomes the 11th available staking coin on Moonstake.
Orbs offers the winning blockchain stack, providing the perfect mix of performance, cost, security and ease of use, while harnessing the power of community, decentralization and distribution. By entering into a strategic partnership with Moonstake, the two companies are working to accelerate global awareness and adoption of blockchain and distributed ledger technologies in the field of finance together.
There will be plenty of time for Q&A, so please feel free to ask any questions you may have.
About this webinar
Apr 9, 2021 | Business
Moonstake is proud to announce the beginning of a strategic partnership with Sylo, a decentralised software development firm and the creators of the Sylo Network and Sylo Smart Wallet.
Through this collaboration, Moonstake will connect Sylo with their robust API/SDK solution, thereby enabling staking functionalities in the Sylo Smart Wallet and allowing Sylo users to earn passive income from their idle crypto assets. Additionally, Moonstake and Sylo will also collaborate to spread awareness about blockchain and decentralised technologies through joint marketing initiatives.
This partnership is exciting for Sylo as it will see their over 400,000 users across more than 80 countries gain access to staking functionalities powered by Moonstake from within their flagship app, the Sylo Smart Wallet.
Founded in 2010, Sylo is committed to decentralisation and has created an ecosystem consisting of digital consumer wallet software, applications, infrastructure and developer tools in order to usher in a decentralised future worth looking forward to.
A unique wallet app that combines digital asset management with decentralised communication, the Sylo Smart Wallet is a savvy decentralised e-wallet that enables users to purchase, store, track, send, and receive crypto assets, explore the world of Ethereum dApps by means of a Web3 Browser, pay with cryptocurrency in the real world, and provides secure communicate with friends and family by chat or audio/video call.
Born over a year ago with the aim to create the largest staking network in Asia, since its inception Moonstake has developed highly user-friendly wallets for both Web and Mobile (iOS/Android) that are compatible with over 2000 cryptocurrencies. After a full-scale operational launch in August 2020, Moonstake’s total staking assets have grown rapidly to reach USD 800 Million in staked assets over just six months. Within a year of its founding, Moonstake became ranked in the top 10 of the world’s premier staking service providers and it continues to strongly expand its business.
Mitsuru Tezuka, the Founder of Moonstake, says of the partnership: “The Sylo Smart Wallet is an interesting e-wallet that combines the functionality of a flexible digital asset management tool and a secure instant messaging app. We are happy to help proper crypto projects like Sylo enable staking in their wallet so that users can have more ways to earn with crypto. With a wide selection of PoS coins and attractive yield rates from our high-quality staking pools, we are confident that users will be pleased with their staking experience on Sylo powered by Moonstake.”
Dorian Johannink, Co-Founder and Business Director of Sylo, says: “We’re pleased to offer our community of global users yet another way to access the benefits of crypto. As always, our user flow has been designed with simplicity in mind and staking via Moonstake in the Sylo Smart Wallet will make earning from digital assets simple enough for people everywhere.”
About Moonstake
Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.
Moonstake aims to be the largest staking pool network in Asia by providing an active environment for crypto asset holders. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia’s burgeoning Distributed Ledger Technology (DLT) ecosystem. Partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan’s biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Listed company. Industry’s reputed advisors, such as Lisk and Centrality support Moonstake’s innovative journey.
With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 800 Million. https://www.moonstake.io/
About Sylo
Sylo is a New Zealand-based software development house founded in 2010. Committed to decentralisation, they are the core developers of the Sylo Network, the Sylo Protocol and the Sylo Smart Wallet. A next-gen app, the Sylo Smart Wallet sleekly combines a digital asset wallet with a decentralised private messenger. The app allows users to request and receive payments in chat, purchase, store and interact with digital assets such as BTC, ETH, XTZ, or any ERC-20 compatible token like SYLO, in a non-custodial wallet, utilise a Web3 Ethereum dApp browser, and pay using cryptocurrency in the real world. For further announcements, follow Sylo on Twitter, Medium or visit www.sylo.io.
Download the Sylo Smart Wallet from the Google Play or Apple App stores.
– Google Play https://play.google.com/store/apps/details?id=io.sylo.dapp
– Apple App stores https://itunes.apple.com/app/apple-store/id1452964749
Topic: Press release summary
