Shardeum, an EVM-compatible Layer 1 blockchain network based in India, has accomplished an immense milestone by reaching over 700 SHM tokens staked under its delegators program. By using the proof-of-stake consensus mechanism, Shardeum allows people to stake their SHM tokens on the network, a move that helps to enhance decentralization and security of the network, and as a result, users earn rewards. Powered by native SHM token, the layer-1 blockchain runs DApps that are accessible, affordable, and designed for the needs of the crypto community. By allowing users and developers to operate their activities beyond exchanges and move across decentralized ecosystems, Shardeum seeks to unleash the next phase of Web3 utility.
1 Billion+ Total Staked $SHM 🎆
— Shardeum (@shardeum) December 20, 2025
With the Shardeum Delegators Program launch, we now have 725M+ SHM staked directly by the community. Shoutout to all Shardians for making the network resilient, secure & decentralized.
Start earning by delegating today: https://t.co/W7AAtuIdsl pic.twitter.com/rSbeXwOZnD
Shardeum Debuts Delegators Program
The above accomplishment cements Shardeum’s position as a rapidly rising DeFi network in the decentralized environment. According to data shared today, Shardeum’s delegators program currently holds 725 million SHM staked by customers.
blockchainreporter.net