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http://x.com/i/article/1836166406024380416
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In October, Algorand’s asset creation more than doubled, with 1,185,205 new assets, a 136% increase from September’s 502,663. This surge was mainly due to @travelx__, which created over 1 million NFT tickets.
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GM. POV: Algofam getting ready to cook up the best stake of their lives
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Algorand staking is better. @JohnAlanWoods just delivered an epic talk on Algorand’s Staking Rewards at the @StakingRewards Staking Summit. Now that’s how you cook up a stake 🥩
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Join us on Nov 13th at 12:30 PM EST for our Community Town Hall: The Stakehouse 🥩 @marcvl, @JohnAlanWoods and @fredestante will be discussing: 🔹 Staking Rewards Launch — Learn more about Staking Rewards on Algorand and what makes it unique. 🔹 New Marketing Campaign — Get an exclusive look at our innovative strategy to highlight Algorand’s strengths and boost global engagement. Sign up here 👇
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Staking Rewards are coming to Algorand in early December! For the first time ever—you can collect rewards for running nodes or staking Algo, doing your part to secure the network. Why stake on Algorand? Key benefits 👇 1. No slashing risk ✂️ Staked Algo is not subject to slashing. Instead, ineffective nodes are algorithmically removed from consensus and simply forgo rewards. 2. No lockup period 🔐 On Algorand, independent validators maintain control of their ALGO at all times. Staked tokens remain in a user’s wallet while securing the network as part of consensus. 3. Low cost 🫰 Running a node on Algorand is extremely cheap. You only need a computer with 16GB of RAM, a fast SSD, and a 1 Gbps internet connection. 4. Real-time rewards 💨 The initial rewards for block proposers are 10 Algo + 50% of transaction fees for each block added to the blockchain. On Algorand, rewards are paid out as each block is finalized every 2.8 seconds. And there is a path to participation for every user! Participating accounts must stake a minimum of 30k Algo* to be eligible for rewards (decided by community vote in GP10). Users with lower Algo account balances can still participate—and collect rewards—through liquid staking and stake pool applications available across the Algorand ecosystem. Explore some of the staking dApps that will be available -- including from @tinymanorg, @FolksFinance, @pact_fi, @Compxlabs, @ValarStaking, @MessinaOne, Reti Pooling and more 🔥 Learn more:
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