MyCointainer has launched a validator node on Fuse Network. Those who wish to stake FUSE can now do it with a professional validator. Currently, they can do it via cold staking by delegating their FUSE to MyCointainer on the Fuse Staking platform.
The Fuse platform and ecosystem are powered by the fast and low-cost public blockchain Fuse Network. The consensus on Fuse Network is based on the delegated proof of stake (dPoS) mechanism. This means that Fuse Network validators need to stake the network’s native FUSE token and anyone can delegate their FUSE to a validator to receive a share of the block rewards earned by it.
Currently, the consensus on Fuse Network is secured by 34 validators, including GoodDollar, MANTRA DAO, Dapp.com but we are always on the lookout for adding new validators, especially professional staking providers. This is where the integration with a renowned staking provider MyCointainer comes in.
Staking for everyone
MyCointainer is a regulated, professional validator of more than 100+ assets available on the platform with more than 100,000 users.
MyCointainer offers clients non-custodial and custodial staking services. The non-custodial service called “cold staking” allows delegators to retain full control over their tokens. Those who opt for cold staking also avoid paying additional fees for using the MyContainer platform.
Clients can also benefit from MyCointainer’s built-in on-ramp functionality, allowing them to conveniently purchase the assets that they can later stake.
How Fuse Integrates MyCointainer
MyCointainer has launched a validator node on the Fuse Network blockchain. Users wishing to stake their FUSE with MyCointainer can now delegate their FUSE tokens to the MyCointainer node using the Fuse Staking platform interface. A tutorial on how to stake FUSE with any validator on Fuse Staking is available here.
Further down the line, MyCointainer will work on enabling the staking of FUSE with its validator node directly via its custom interface.
FUSE will also be added to the list of assets available for purchase on the MyCointainer in-platform exchange enabling users to conveniently go from zero to a delegator. The platform will also integrate the Fuse RPC.
MyCointainer is a blockchain services platform for individuals, businesses and developers, offering a wide range of services that allow participation in the decentralized economy. Used by 100,000 people, MyCointainer offers easy access to 100+ assets that can be purchased with fiat, staked for passive income, and exchanged with other assets.
The Fuse team is excited by the collaboration with a major professional staking provider and we are confident that this integration will prove to be a major step towards making Fuse a popular destination for investors worldwide looking to earn passive income through staking.