Hashport Validator Spotlight Series: StableNode
We are proud to announce that StableNode is the next validator in our Spotlight Series, where we dive into the work our validators do in contributing to furthering Web3. StableNode, a close partner of Maker Growth, was a key player in integrating the DAI stablecoin on hashport. Throughout October 2022, keep an eye out for curated collaborative content between StableNode and Hashport!
How does StableNode fit within the Hashport Validator Swarm?
StableNode is one of nine industry-leading organisations that form the Hashport Validator Swarm. Each validator runs a node signing transaction requests on the network, contributing to consensus and helping maintain security. StableNode accompanies Polygon, Animoca Brands, Hex Trust, Calaxy, Worldpay by FIS, The HBAR Foundation, BCW, and LimeChain as part of the validator swarm.
The collaboration between StableNode, Maker Growth and Hashport enables users to securely access and port DAI across supported networks, and provides the opportunity for DAI holders to explore DeFi on Hedera.
What to expect in October?
During the month, we’ll be providing blogs, sharing insights on Twitter Spaces and dropping knowledge in various threads that highlight relevant content throughout the industry. To stay up to date and not miss out on any of this exciting content, follow us on Twitter @HashportNetwork.
hashport is the enterprise-grade public utility that facilitates the movement of digital assets between distributed networks, extending their functionality in a quick, secure, and cost-effective way. In order to remain platform-neutral, hashport functions without the use of a proprietary token. The network is built on a robust and performant architecture, secured and operated by a group of industry-leading validator partners from around the world. hashport has passed a rigorous security audit and follows industry best practices; regularly performing comprehensive network tests to ensure the integrity of the network.
Disclaimer: The information provided on hashport’s website does not constitute investment advice, financial advice, trading advice, or any other sort of advice. You should not treat any site content as advice.
With the rise of younger blockchains facing the same challenges that the community spent years solving on Ethereum, StableNode has created solutions to overcome these challenges and drive progress. StableNode is a Blockchain Node Validator that grows the blockchains it operates on by using the accruing rewards for investments in early-stage ventures applying on the network as well as for liquidity provision in DeFi Applications. StableNode continuously adds value to the projects they invest in and advise on to make sure that growth is sustainable in the long term. They also provide consulting, analysis, research and delegation on decentralized governance.