Fluence Introduces Staking Program for Cloudless Computing Marketplace

Date:

- Advertisement -

Fluence Unveils Delegated Staking Program, Democratizing Network Security and Rewards

Fluence, a leading cloudless computing platform, has announced the launch of its delegated staking program, marking a significant milestone in the world of decentralized infrastructure. The program, which is open to all FLT token holders, aims to enhance network security while providing an opportunity for community members to earn rewards.

Unlike traditional staking models that limit participation to hardware providers, Fluence’s delegated staking model allows all token holders to delegate their stake to compute providers. This innovative approach not only democratizes network security but also incentivizes community involvement in the platform’s growth.

One of the key features of Fluence’s staking program is its USD-denominated rewards system. Stakers can earn rewards in FLT tokens, with staking requirements and rewards pegged to the USD. This structure provides predictability for compute providers, allowing them to manage their operational costs more efficiently.

In addition to its focus on decentralization, Fluence is also committed to sustainability. The platform partners with enterprise-grade data centers powered by renewable energy sources, aligning with its mission to reduce the carbon footprint of computing.

The staking program is built on Arbitrum Orbit and facilitated by Gelato’s Rollup-as-a-Service, enabling a multichain ecosystem. This strategic partnership underscores Fluence’s commitment to innovation and scalability in the decentralized computing space.

With its unique approach to staking and partnerships with leading data center operators, Fluence is poised to become a major player in the decentralized computing landscape. As the platform continues to grow, it aims to enhance usability across a wide range of decentralized infrastructure use cases, including AI and blockchain technologies.

By lowering the barrier to entry through liquid staking and staking pools, Fluence is paving the way for a new era of decentralized computing resources management and security. For community members, this presents an exciting opportunity to participate in the platform’s success and earn rewards from cutting-edge technology that is set to transform the cloud computing industry.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

LinkedIn halts use of UK data for AI following scrutiny from watchdog

LinkedIn has suspended the use of UK user data...

Deconstructing Transformers One: An In-Depth Look at a Key Scene

Title: Director Josh Cooley Provides Insight into ‘Transformers One’...