Staking Pool Service Update #1

Samuel Harrison
Jul 1 · 2 min read

Good news, Everyone!

The Staking Pool Service is doing great!

I wanted to send out a quick update on the ThunderCore Staking Pool Service.

As you know, we launched the Staking Pool Service just over a week ago. We now have about a week of statistics on how the service has been performing and we couldn’t be more pleased. A quick set of stats for you:

563

In one quick week, ThunderCore has added over 560 additional addresses that are participating in securing our network through staking. This is great! Greater decentralization creates greater security and we can’t be happier about our community helping us on this process. A round of applause to all of you! Thank you so much for joining the pool!

44%

Within a single week, 44% of the reward pool has been allocated. This is terrific. There was a clear need and a desire for this service and we here at ThunderCore are happy to be able to perform it.

56%

56% of the stakers chose to lock up their tokens for the maximum amount of time (1 year). This is a very clear indication of the high confidence the marketplace has in the long-term value of the Thunder Token.

Rapid Fire Stats

  • Amount Staked: Over 433 Million Tokens
  • % of Staked Tokens Locked for 1-Year: 31%
  • % of Staked Tokens Locked for 1-Month: 28%
  • % of Wallets Locked for 1-Year: 56%
  • % of Wallet Locked for 1-Day: 17%

We will be publishing a weekly update regarding the Staking Pool Service. As you have seen, it is important to move quickly to lock-up your tokens as the enrollment in the service will end once the 100M tokens have been allocated.

*Note: Statistics are from June 27th, 2019.

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