Welcome to our September Business Newsletter!
Last Month was action-packed, and we’re excited to fill you in on the highlights. On a side note, our team is growing rapidly - don’t miss your chance to be part of it. Head over to our careers page to apply now!
Client Spotlight
Kintsu Selects InfStones to Boost Monad DeFi Ecosystem
We are excited to announce our collaboration with Kintsu, a cutting-edge liquid staking protocol built on Monad's high-performance blockchain. This partnership advances our goal of providing enterprise-grade infrastructure to support decentralized finance (DeFi) growth. Kintsu offers liquid staking with integrated features like swapping, pooling, and farming, while also enabling lending and borrowing with liquid-staking tokens as collateral. Beyond DeFi, Kintsu empowers developers to create gaming experiences and NFT marketplace utilities using liquid staking. InfStones will provide the robust infrastructure needed to ensure Kintsu's platform can scale and handle growing transaction volumes on the Monad ecosystem. Read more about it here.
Latest Events
Navigating The Node Market AMA Recap
On August 21, 2024, InfStones co-hosted an AMA with DIN on "Navigating the Node Market," attracting over 67,000 participants. Ann Jiang from InfStones highlighted their support for over 80 protocols and their leadership in Aethir checker nodes. The discussion focused on the growing trend of node sales to decentralize networks and offer users rewards. DIN announced their upcoming Chipper nodes, integrating AI for better data management, while InfStones revealed plans to support these nodes with their new node sale feature launching on August 23, 2024. To celebrate, InfStones is hosting a giveaway for free node licenses. Read more about it here.
Future of Staked ETH - DVT Powered NOs & DVT as A Service AMA Recap
On August 15, 2024, InfStones and SSV Network hosted an AMA to discuss their collaboration on integrating SSV into InfStones' SafeStake product. Sili Zhao, InfStones' Director of Business Development, explained how the integration leverages decentralized validator technology (DVT) to improve staking by distributing node operators geographically, enhancing uptime and reducing risks. The AMA also covered the SSV network's verified operator program, allowing InfStones to select reliable operators without extensive due diligence. Sili highlighted InfStones' focus on restaking, using the SSV network for Eigenlayer, and plans to support more restaking across ecosystems. Future plans include offering node hosting services for SSV directly through the InfStones platform. Read more about it here.
Institutional Validators A Force Behind Gora AMA Recap
On August 2nd, InfStones co-hosted an AMA with Gora and 01Node to discuss the role of institutional validators in blockchain. Adam Kinley from InfStones emphasized the importance of institutional validators in maintaining Gora's security and decentralization, noting InfStones' position as the No. 5 validator with over 500K $GORA tokens staked. The session also covered challenges for institutional validators, particularly around security and compliance, with InfStones ensuring scalability and resilience for Gora. Adam highlighted the vast opportunities in the validator space and InfStones' role in driving ecosystem growth. The AMA concluded with a shared vision between Gora and InfStones on decentralization and future collaborations. Read more about it here.
Stacks DeFi Show: Signer Episode AMA Recap
We recently co-hosted an AMA with Stacking DAO, highlighting its role as the leading liquid staking token on Stacks with a TVL of 60,000,000 STX. Sili from InfStones shared his six-year journey, emphasizing InfStones' involvement as an infrastructure provider in the Stacks ecosystem, running a stacking pool and engaging in governance. Davide from Restake discussed the strategic importance of aligning with Bitcoin and teased an upcoming rebranding. Both InfStones and Restake chose to support Stacks due to its strong alignment with Bitcoin's longevity and its vibrant community. The AMA underscored the importance of community engagement and governance in driving Stacks' continued growth. Read more about it here.
Now Trending
Project Research Report: Lumoz, Modular Compute Layer Providing Zero-knowledge Proof Services for Rollup Networks
We have recently released a detailed Project Research Report: Lumoz, Modular Compute Layer Providing Zero-Knowledge Proof Services for Rollup Networks. The research in this article is compiled exclusively from publicly available sources and serves solely for informational purposes. Lumoz provides advanced zero-knowledge proof (ZKP) services, supporting AI and Layer 2 rollup blockchains. The native token, MOZ, powers the network, with 25% of the total supply allocated as rewards for zkVerifier nodes. Readers are encouraged to conduct their own research and due diligence before making any investment decisions. Read more about it here.
Project Research Report: DIN, A Modular AI-Native Data Pre-Processing Layer
We’ve released a Project Research Report on DIN, a modular AI-native data pre-processing layer derived from the Data Intelligence Network. DIN facilitates data processing for AI and enables users to earn rewards through its native token, DIN. The project has secured $8M in seed funding from prominent investors including Binance Labs and Hashkey Capital. Chipper Nodes, central to DIN’s ecosystem, receive 25% of the total DIN supply as rewards, with a maximum 120-day lock-up period for claims. You can read more about it here.
Babylon Staking Mainnet Phase-1 Goes Live
Babylon has launched Phase-1 of its Bitcoin Staking Mainnet, where Bitcoin holders can lock their assets in a secure, self-custodial script on the Bitcoin blockchain. This phase focuses on enabling participation in Proof-of-Stake (PoS) consensus by delegating voting power to finality providers. With a 1,000 Bitcoin cap and a maximum staking time of 15 months, the controlled environment ensures a secure launch while participants earn Babylon points, setting the stage for future rewards. In upcoming phases, users will have the opportunity to earn rewards by securing other networks, including Babylon’s own PoS network. InfStones supports this initiative by acting as a Finality Provider on the Babylon network, providing top-tier node infrastructure services, contributing to the evolution of cross-chain security and staking.
Router Protocol Mainnet
Router Protocol has launched its mainnet, introducing a new era of blockchain interoperability with its Router Chain, built on Cosmos technology. This mainnet introduces "chain abstraction," simplifying cross-chain interactions and making decentralized applications (dApps) more user-friendly by allowing seamless engagement with multiple blockchains without needing to understand the underlying technology. The release includes a token-bridging solution that enhances the security of Cosmos ecosystem chains by utilizing Ethereum and Bitcoin networks, reducing inflation and bolstering stability. As Router Protocol evolves from a cross-chain bridge to a comprehensive interoperability ecosystem, InfStones is supporting this transformation by providing infrastructure services to Router, contributing to a more interconnected and accessible blockchain future. Please see our recent collaborative AMA.
Expert Insights
Comparing Node-as-a-Service (NaaS) Providers for CARV: Why InfStones Stands Out
CARV supports several Node-as-a-Service (NaaS) providers, streamlining blockchain node management for companies. This article compares NaaS providers with user-friendly apps, highlighting InfStones as the top choice for reliable node services. InfStones, established in 2018, has six years of experience working with major institutions like Binance and OKX, offering proven reliability. Other providers include easeflow, NodeOps, BwareLabs, and Knidos, each offering unique node management solutions. InfStones stands out for its extensive experience, trusted by industry leaders and backed by significant investment. Read more about it here.
InfStones is an advanced, enterprise-grade Platform as a Service (PaaS) blockchain infrastructure provider trusted by the top blockchain companies in the world. InfStones’ AI-based infrastructure provides developers worldwide with a rugged, powerful node management platform alongside an easy-to-use API. With over 20,000 nodes supported on over 80 blockchains, InfStones gives developers all the control they need - reliability, speed, efficiency, security, and scalability - for cross-chain DeFi, NFT, GameFi, and decentralized application development.
InfStones is trusted by the biggest blockchain companies in the world including Binance, CoinList, BitGo, OKX, Chainlink, Polygon, Harmony, and KuCoin, among a hundred other customers. InfStones is dedicated to developing the next evolution of a better world through limitless Web3 innovation.