Welcome to our February 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!
InfStones' new Manta Network Collator node service offers MANTA holders a dynamic opportunity to maximize their investments with up to 80% staking yield. This service enables active participation in Manta staking, leveraging Manta Network's innovative technology, including Manta Pacific's Layer 2 and Manta Atlantic's Zero-Knowledge Layer 1 chains. The collaboration fosters a secure and efficient staking environment, significantly bolstering the Manta ecosystem and network security. Read the full article here.
Berachain’s Artio Public Testnet is Now Live
Berachain, the much anticipated Layer-1 blockchain within the Cosmos ecosystem, launched their public testnet on January 11th, showcasing the network’s unique 'proof of liquidity' (PoL) consensus mechanism. This groundbreaking model, backed by $42 million in funding, sets Berachain apart in the competitive blockchain arena. It secures the network through participant-provided liquidity to its trading infrastructures, offering a more resource-efficient operation vital in the bustling Layer-1 landscape. The testnet's debut has captured the attention of both Ethereum and Cosmos communities, with over 30 native teams and numerous external protocols gearing up to launch on Berachain. InfStones is thrilled to be a Berachain validator partner, aligning with our mission to drive forward blockchain technology and DeFi possibilities. We eagerly anticipate sharing further developments as we engage with and contribute to the growth of the Berachain network.
Swell Network Launches rswETH token
Swell has launched Restaked Swell Ether (rswETH), an innovative Liquid Restaking Token (LRT) that offers uncapped access to EigenLayer restaking rewards without the need for liquidity lockup. Audited for security and risk management by Sigma Prime, rswETH provides zero fees for the first 30 days and allows users to engage in DeFi activities with their restaked ETH and accumulated rewards. Developed in collaboration with Gauntlet, Chaos Labs, and Actively Validated Services in the EigenLayer ecosystem, rswETH holders benefit from staking yield, Swell Voyage airdrops, and EigenLayer Restaked Points. InfStones is excited to join this venture as the sole operator for rswETH with Swell Network, highlighting our dedication to pioneering developments in staking technology.
Puffer Finance launches with a bang - $440M USD in deposits in just five days!
Launched on January 31st, 2024, Puffer Finance has swiftly emerged as a significant player in the liquid restaking sector, amassing over $135 million in Ether deposits within its first 24 hours and achieving a Total Value Locked (TVL) of over $440 million USD as of February 5, 2024. Ranking as the second-largest liquid restaking provider, Puffer Finance offers users innovative restaking opportunities through EigenLayer, endorsed by the Ethereum Foundation and EigenLayer founder Sreeram Kannan. The protocol enhances security with its Secure-Signer software, addressing the risks of staking such as slashing, and incentivizes participation through a points system for depositing Lido stETH tokens. Additionally, Puffer's strategic 'vampire attack' against Lido aims to disrupt Ether staking's status quo. InfStones proudly collaborates as a node operator partner with Puffer Finance, contributing to the dynamic growth and diversity of the DeFi ecosystem.
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.