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P2P.org integrates Avail Network, offers 0% staking fees for early adopters

source-logo  cryptobriefing.com 25 July 2024 13:13, UTC

P2P.org, a prominent non-custodial staking provider, has integrated the Avail Network into its staking platform, according to the firm’s announcement on Thursday. As part of the integration, P2P.org offers 0% fees for the first 3 months of staking Avail Network’s AVAIL tokens to incentivize early participation and foster a robust Avail ecosystem.

P2P.org and the Avail team worked closely before the latest integration. P2P.org actively supported the Avail Foundation during a period of high demand, the P2P team stated.

P2P.org was one of three external providers who successfully managed high traffic and ensured network stability. In addition, P2P’s infrastructure efficiently handled millions of requests and concurrent connections, showcasing their leadership in blockchain infrastructure solutions.

“P2P.org is proud to support the Avail Network as it moves towards its mainnet. Our role in providing critical infrastructure during key network stress tests reflects our commitment to technological excellence and collaborative growth within the blockchain community,” said Alex Esin, CEO of P2P.org.

Esin believes P2P’s non-custodial staking offering will benefit users and strengthen the Avail Network.

Launched in late 2018, P2P.org is a leading platform for secure and non-custodial staking for crypto businesses and intermediaries. The platform has surpassed $7.5 billion in total value locked (TVL), reflecting its strong market presence and user trust.

Sapphire

P2P.org has partnered with various organizations, including OKX. The two entities united last month to launch an institutional-grade staking service for four major crypto assets, including Cardano (ADA), Polkadot (DOT), Kusama (KSM), and Celestia (TIA).

The launch comes after the Avail DA mainnet launch went live on Tuesday. Avail DA is an essential data availability layer that supports the infrastructure for decentralized applications.

Avail Network aims to create a trustless and universally accessible environment for blockchains to interact. Its modular solution aims to unify Web3 and optimize data availability for scalable and customizable applications.

cryptobriefing.com