Staking is becoming increasingly popular in 2019, attracting many major exchanges, firms and investors to participate. Prior to the rise of the staking economy, IOST had already launched its Global Partners Program in December last year. IOST currently holds the first place globally in staking ranks with multiple mainstream blockchain institutions, including StakingRewards and BlockBeats, and ranks #1 against 80+ other projects including EOS and Tron.
Staking Market is Developing Rapidly
In early February 2019, Staked.us announced the finish of a seed round worth $4.5 million, which ignited the staking market with a rapid growth in participants, including major exchanges, prominent blockchain firms and numerous investors.
Staking has been around for a while. It was first proposed by a member named QuantumMechanic in Bitcoin Forum on July 11, 2011. Sunny King created Peercoin (PPC), the first PoS (Proof of Stake) blockchain, on August 19, 2012, marking the real working PoS model. It was closely followed by the creation of other PoS-based blockchains, including BCNext (Bxt), Blackcoin and Shadowcoin.
IOST Partners Program
IOST consensus mechanism is Proof-of-Believability (PoB). While PoB has features that are superior to PoS, IOST token holders can also participate in staking (known as voting within the IOST community) in the IOST Partners Program. Voting allows token holders to elect the most dedicated Nodes to secure the network and in return, token holders will receive voting rewards for as long as they continue to stake their IOST.
As Nodes selected by voters contribute to IOST ecosystem growth and development, both Nodes and voters can receive generous long-term rewards for their contributions.
IOST encourages community members to join our Partners Program and participate in ecosystem building together with Nodes and the Foundation.
IOST Ranks First Globally in Staking Score
seven months after the launch of IOST Partners Program, 346 Node Partners from around the world have joined our mainnet, holding close to 3.5 billion staking votes and accounting for 27.8% of IOST total circulating supply.
The IOST Partners Program has been lauded user-friendliness, profitability and high accessibility for retail users. IOST’s superior performance is reflected in staking ranks by multiple mainstream blockchain institutions, including StakingRewards and BlockBeats.
According to StakingRewards, with low staking complexity, low risk and high staking yield, IOST ranks first among all 85 staking projects (EOS and Tron included) with a score of 96.25.
Covering all 85 staking projects including EOS, Tron and IOST, StakingReward conducts a comprehensive assessment on them across multiple factors, including market capitalization, price, staking yield, minimum staking amount, staking complexity and risk.
According to BlockBeats Staking Reward & Dividend Guide, IOST ranks first in expected annual staking yield, far ahead of other projects.
Number of Servi Nodes
The number of Servi Nodes (similar to Block Producers) on IOST has reached 138 and there is no cap for this number. In comparison, these figures for TRON, ONT and EOS are fixed at 27, 22 and 21 respectively. This means that unlike other PoS chains, IOST has truly achieved decentralization of its mainnet by removing the limit for Nodes in our ecosystem.
According to StakingRewards, the stake ratio of EOS, IOST, TRON and ONT are 48.13%, 27.81%, 12.14% and 11.92% respectively. IOST ranks second with a relatively high ratio.
IOST Partners Program
The Foundation has always believed in the collective building and self-governance of IOST by our community, which aligns with the essence of blockchain development.
IOST encourages community members to join our Partners Program and contribute to the growth of the IOST ecosystem, and at the same time, share in the attractive profits given out to all ecosystem partners.
IOST Partners Program application submission and voting are open continuously without deadlines, which allows candidates to apply anytime.
Apply here: https://iost-eng.typeform.com/to/MQzgbm