Introducing: Super Node Staking!
NGC to Pioneer Super Node Staking with 24m STPT
Having recently launched STPT staking, we are now proud to announce Super Node Staking!
Anyone with greater than 5m STPT can become a Super Node by staking their tokens through BlockZone for as few or as many Staking Periods as they like.
NGC will stake 24 Million STPT tokens to become the first Super Node on the STP network
Anyone will be able to see NGC’s staked tokens in realtime on blockzone.com.
This represents MORE THAN 15x the amount of tokens currently staked on BlockZone, and is equal to 4.0% of STP’s total circulating token supply!
NGC Ventures is one of the largest institutional investor of blockchain technologies and has been a key contributor to a number of leading projects, also a good partner of Block72 and a seed investor of STP Netowork. NGC StakeX is the staking branch co-founded by NGC and X-Order, which is already running nodes/validators for Algorand, Tomochain, Irisnet and LoomNetwork. It is very encouraging that NGC has decided to stake 24m STPT for the STP network, and we believe that this shows NGC’s huge belief and support for the long-term vision of the STP Network.
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Large institutions’ participation in staking is also a great sign for market participants. In the case of Binance’s BNB, market price appreciated by more than 300 percent since after the launchpad tickets were given only for the users who stake and hold BNB for long terms.
We encourage anyone else to follow NGC’s lead and become a Super Node Staker! Please reach out to the STP team for more details on Super Node Staking or if you are interested in partnering in some other way!
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