- Core’s new ‘Stake’ feature has reinvented AVAX staking, offering a streamlined process, customizable settings, and detailed performance tracking.
- The ‘Stake’ launch gives validators and delegators enhanced control over their AVAX, facilitating a more accessible, affordable, and secure staking experience.
As the world of blockchain continues to evolve, Core ‘Stake’ has taken a significant leap in AVAX staking by delivering a user-friendly, feature-rich platform that cuts out third-party intermediaries while empowering Avalanche users with fine-tuned customizations.
Introducing Stake – the go-to tool for validating and delegating on the Avalanche network.
Experience a seamless way to validate, delegate, and perform cross-chain transfers across X/P/C chains.https://t.co/0jbNy6sidd
Let’s dive into the new era for Avalanche, powered by Core. pic.twitter.com/QhfgalSNpH
— Core 🦉 (@coreapp) July 27, 2023
Staking Simplified for Validators and Delegators
This innovation has made staking on Avalanche as effortless as using a Web2 application, democratizing access and giving a wide spectrum of users the ability to secure the Avalanche network more strategically. With Core ‘Stake,’ validators can now conveniently monitor and adjust their staking strategies through Core’s web portfolio, availing of a host of customizable settings tailored to their unique staking objectives.
Validators are granted control over their delegation fees, staking durations, and can access real-time estimates of their rewards among other advanced features. Notably, Core does not take custody of assets or charge fees, ensuring validators retain complete control of their AVAX.
The Stake feature also enhances the delegation process, as its interface, designed for novice users, simplifies transfers from C-Chain to P-Chain. Users can choose from an open market of validators, comparing various data points such as estimated rewards, capacity, number of other delegators, and so forth, to make informed decisions about who to delegate their AVAX to without leaving the Core app.
While the path to staking has been made significantly simpler, Core ‘Stake’ provides an abundance of resources to guide users unfamiliar with participating in a blockchain network on this level. With a seamless flow that guides validators and delegators through each step, the platform ensures clarity and helps address queries along the way.
A large proportion of the AVAX supply is staked, bolstering the security of the Avalanche Network while yielding rewards for validators and delegators. Core users are encouraged to leverage Stake to quickly and easily stake their AVAX with unparalleled control and start receiving rewards today via core.app/stake.
As Core continues to redefine seamless UX in crypto, the future of AVAX staking looks set to be shaped by platforms like Core ‘Stake’ that prioritize simplicity and user-centric design.