Making Stacks More Decentralized with Stacking DAO Signer Network

With the Nakamoto Activation live, Signers (STX Stackers who run a node) now play a critical role in ensuring fast blocks, 100% Bitcoin finality, and enhancing Stacks’ decentralization.

Therefore, constantly onboarding reliable Signers becomes an important aspect of guaranteeing network resiliency.

Stacking DAO has prioritized onboarding new enterprise-grade Signers to support Stacks and drive the ecosystem’s growth since the Nakamoto Instantiation.

Stacking DAO Signer Network

Since April, Stacking DAO has bootstrapped a distributed set of 15 institutional-grade validators actively contributing to Stacks security.

The Signer network members have a track record of optimal uptime and Billions of stacked assets under management and features:

• Luganodes: The fastest-growing staking solution provider with $2.5Bn+ worth of staked assets, 99.9% network uptime, AAA on staking reward, and leading security standards.
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• Blockdaemon: Trusted by 50% of the leading institutions, they are the #1 infrastructure solution for staking with 99.9% uptime and over 200K nodes deployed.
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• Chorus One: Over 100k users deposited $1.8B+ in staked assets, earning $300M+ in rewards, thanks to their zero-slash record and enhanced MEV capabilities.
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• Kiln: Managing over $8.6B in stake and holding a 4.55% share of Ethereum staking, they are trusted by clients such as Lido, Safe, Ledger, Coinbase, Metamask, Fireblocks, and many more.
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• DeSpread: The Web3 strategy consultant and staking validator, with $296 million in AUM, has a strong track record of helping firms expand in the APAC market and actively invests in Stacks-based companies.
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• Restake: Backed by Cowa, the largest BTC miner in the EU, their expertise in reliable Bitcoin infrastructure has been essential for delivering advanced staking solutions with nearly 100% uptime.
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• Foundry: They are the world’s #1 Bitcoin mining pool, actively securing the Bitcoin ecosystem. Their institutional-grade staking services are a flexible and secure way for enterprises to enjoy staking opportunities.
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• Hashkey: HashKey Cloud focuses on providing node infrastructure covering 80+ chains. The service is trusted by staking protocols such as Lido, Eigen Layer, Rocket Pool & many more.
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• InfStones: They are among the leading blockchain infrastructure providers specializing in offering seamless staking access and a robust node management platform.
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• Alum Labs: With 99% node uptime, they ensure robust service across supported networks. They specialize in securing and scaling networks for foundations while prioritizing community interests.
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• ‍Stacking DAO: Your favorite Liquid Stacking protocol on Stacks :)

The Positive Impact of Stacking DAO Signers

Currently, Stacking DAO delegates STX deposited in the protocol to Signers.

This enables Stacking DAO users to benefit from optimized stacking yields, thanks to the reliable nodes provided by these enterprise-grade validators

Meanwhile, Stacks benefits from Signers committed to the network’s success, especially as STX delegation increases with the growing minting of stSTX.

In conclusion, by delegating STX to signers and promoting network decentralization, stacking DAO is making Stacks even more robust and fostering ecosystem growth.

Stacking DAO Details:

Mint stSTX today and earn up to 10% yield on your STX: https://app.stackingdao.com/

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