LaunchGarden Presents Supercharged Staking

Hello, Gardeners! We have more exciting news: in addition to being Oasis Network’s first native crypto launchpad, we’re happy to announce the debut of LaunchGarden’s validator node! We look forward to climbing the ranks by demonstrating a consistent uptime and high quality service. You won’t regret staking your $ROSE with us.

What’s a Validator Node?

The foundation of any blockchain, a validator node is a type of full node that houses a copy of a blockchain’s history and verifies transactions. A node is a computer system or other electronic device that harnesses its computational power to confirm these transactions. However, processing every transaction requires agreement on their authenticity, aka “achieving consensus.” By participating in consensus, validator nodes are responsible for verifying, voting on, and maintaining transaction records. If all parameters are accepted, the validator will then pass the transaction to a node that’ll add it to the blockchain.

LaunchGarden Validator Launch

Why did we launch our own validator? Three reasons:

1. We strongly believe in Oasis Network and want to support its security, decentralization, and overall growth by bringing more people like you together to expand this security-focused blockchain’s ecosystem. We’re just getting started.
2. We feel there should be an outstanding incentive to support the network’s privacy so we’ve created our “supercharged staking” campaign. In addition to earning $ROSE at a fixed APY, we’re splitting five-percent (5%) of the GRDN token supply between all LG delegators; you’ll also get other LG project tokens and a possible LaunchGarden NFT whitelist spot, depending on amount and duration. These tokens will drop during three different vesting events across a six months period; one-third (⅓) of $GRDN per event and the LaunchGarden validator node will charge a 15% fee.
3. We want to be completely transparent with the Oasis community. Our node will function as an alternative cash flow source supporting the platform’s development and business pipeline. We haven’t decided on raising VC funding as we want to give our community a fair chance to obtain $GRDN beforehand. We firmly value a community-first approach.

Tokens will drop in three different vesting events during a six month period, one-third (⅓) of tokens per event; LaunchGarden node will have a 15% fee.

LaunchGarden Validator Details

This campaign will begin on 5 October, 2022 and last for 180 days (about half a year). We picked this particular start date so you get ample time to debond–it takes two weeks–and redelegate your Oasis tokens to our validator. The airdrop itself won’t take place all at once, but will be divided into three parts (dates will be announced later).

Now that you have the heads up, mark your calendars and be ready to delegate your $ROSE to our LaunchGarden validator node and earn some passive income while helping strengthen the network!