HomeCoinsBand Protocol (BAND)Everstake Strategically Partners and Operates Validator Node on BandChain Mainnet | by...

Everstake Strategically Partners and Operates Validator Node on BandChain Mainnet | by Kevin Lu | Band Protocol | Oct, 2020

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Kevin Lu

Everstake, an enterprise-grade staking service and blockchain solutions provider, has strategically partnered with Band Protocol and is currently operating a validator node on the BandChain Mainnet. There are currently more than $1 Billion in digital assets secured by Everstake for institutional and retail token holders across major blockchain projects such as Tezos (XTZ), Cardano (ADA), Cosmos (ATOM), ICON (ICX) and many others.

Everstake is a team of experienced developers, financial experts and blockchain enthusiasts. They run highly secure and reliable nodes for PoS protocols using the enterprise-level hardware to ensure maximum efficiency and security. In addition, the team is notable for developing solutions to make client staking easier and more efficient covering deep analytics and dashboards. Delegators can use the calculator on the Everstake website (https://everstake.one/band) to calculate the potential rewards for delegating BAND for Everstake.

As strategic partners, Everstake will be supporting Band Protocol in other means than a validator such as community outreach and engineering support to battle-test the BandChain decentralized oracle network in the upcoming upgrade to Phase 1 and onwards.

“We are very happy to have been able to join the Band Protocol ecosystem. This is another chance to expand the capabilities of both projects. For our part, we are ready to make every effort to support the Band Protocol in their mission to secure smart contract applications through scalable oracle technology.”
Serhii Vasylchuk, CEO of Everstake

“Band Protocol is proud to work with Everstake, one of the largest staking service providers in the world who are experienced in developing blockchain solutions and operating on oracle networks. Everstake will play a key role in expanding the usage of scalable and reliable oracles in all smart contracts and decentralized applications through Band Protocol.”
Soravis Srinawakoon, CEO & Co-Founder of Band Protocol

Onboarding top-tier validators such as Everstake onto the BandChain network is part of the ongoing effort to continuously raise the degree of security and decentralization of the oracle network. Both teams look forward to deeply collaborating to bring external data sources on-chain for all decentralized applications to reliably utilize.



Read the original article here

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