Kiln, a leading digital asset rewards management platform with over $8.6 billion in stakes, has joined the peaq ecosystem as a validator. This partnership will enable users to stake $PEAQ tokens easily through popular platforms like Fireblocks and crypto.com, allowing them to earn rewards while helping to secure the network.
peaq operates on an environmentally friendly delegated proof-of-stake model, where community members stake their tokens to maintain decentralization and security. The active node pool at launch is limited to 32 nodes, supported by both corporate and community participants. Kiln’s involvement enhances accessibility and convenience for staking, contributing to the overall growth and success of the peaq ecosystem.
The integration of Kiln into the peaq system brings several important benefits.
First, it makes staking easier for users, allowing them to join in through popular platforms. This is great because it helps bring in new users and grow the community, which makes the network stronger.
Second, peaq uses a special method called delegated Proof of Stake. This method helps save energy and makes better use of resources, which means peaq is more environmentally friendly than many other blockchains. This is good news for people who care about protecting the planet.
Partnering with Kiln, which is already a trusted platform, builds more confidence in peaq. This can help attract more investments and new users, making the system even better in the long run. Kiln joining peaq is a big step toward creating a more accessible, eco-friendly, and successful blockchain community.
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