LOOM Staking is Live!
Mythos is excited to announce that our LOOM validator is now live and available for LOOM staking!
All you need are some LOOM tokens, an Ethereum wallet, and a few minutes to follow our How to Stake LOOM walkthrough. You can also learn more about LOOM rewards and how locktime periods factor into your returns through our LOOM overview documents.
Right now, you’ll need a Metamask wallet to stake. But rumor is Ledger support is coming very soon. (Signup for our LOOM newsletter and we’ll let you know as soon as Ledger support is available)
Congratulations to the Team and Token Holders
We decided to launch a validator on the LOOM network in part because the LOOM team ships fast. They’ve proven this once again by launching the very first Plasma chain on Ethereum secured by both the Ethereum mainnet and a group of dedicated validators keeping consensus through a proof-of-stake algorithm.
This is great news for LOOM, for Ethereum, and for you as a LOOM token holder. For the first time, you have an opportunity to participate in the security of a Plasmachain network by actively delegating. And we’re here to help you along the way by providing a safe, secure, and enterprise-grade staking experience.
Let’s get staking!
Recommended reading for LOOM stakers:
- Mythos How to Stake LOOM Walkthrough
- Official LOOM staking FAQ
- Original Mythos Announcement of LOOM Validator Service
- Original LOOM Announcement of initial Validators
Stay Connected:
Website: https://mythos.services
Twitter: https://twitter.com/mythoscapital
Medium: https://medium.com/mythoscapital
