ARPA Network Community Pool Staking Program Round II: Join Us in Ecosystem Expansion
Dear Community,
We are thrilled to announce the Community Pool Staking Program Round II is live! This exciting move follows the successful 6-month Community Pool Staking Program Round I launched in late June 2023, along with the epic MainNet launch of the ARPA Network. We would like to thank our community for your unwavering support throughout the first round and sincerely invite you to join us on the future journey of ARPA ecosystem expansion.
Records on Community Pool Staking Program Round I
Throughout the last 6 months, Round I has seen an average monthly staking of over 50 million ARPA from over 120 unique wallet addresses. This substantial support bolstered our network security and stability, enabling the tech team to successfully launch ARPA Randcast on Ethereum, Optimism, and Base. As a token of gratitude, early supporters of the staking program have reaped annual reward rates ranging from a minimum of 18% to over 40%.
Details of Community Pool Staking Program Round
For those unfamiliar with the ARPA Network Community Pool Staking Program, it’s designed to reward early supporters who want to contribute to our network’s growth and earn passive income without running a node. Through an intuitive staking portal, ARPA holders can effortlessly stake their tokens, contributing to network robustness and enjoying a satisfying yield.
In Round II, we are allocating 1.5 million ARPA tokens monthly as rewards. Stakers in the Community Pool will receive rewards based on their staking proportion to the pool’s cap, which remains at 100 million tokens. Elsewhere, reflecting our incremental cap increase during Round I, the individual cap grows from 2.5 million to 5 million, maintaining the no minimum requirement rule.
Depositing and claiming remain flexible. However, it’s important to be aware that unstaking incurs a 14-day unlock period before tokens can be claimed. For detailed information on the staking program, please visit our documentation and the tutorial.
In the future, we’re committed to advancing ARPA Network’s multi-chain strategy and expanding the Randcast ecosystem. Our focus includes pushing boundaries in Autonomous Worlds, fully on-chain games (FOCG), NFT distribution, wallet management, and DAO governance.
For developers interested in building on ARPA Network and Randcast, make no hesitation and start exploring our code base now to bring forth innovative ideas and use cases. Or, try warming up with the ongoing bug bounty for some cool rewards!
For developers keen on building with ARPA Network and Randcast, don’t hesitate to dive into our code base now to bring forth innovative ideas and use cases, or get started with our ongoing bug bounty for exciting rewards!
Should you have any inquiries, please reach out via contact@arpanetwork.io, or follow us on Twitter and join our community for future updates on the ARPA Network.
ARPA Team
About ARPA
ARPA Network (ARPA) is a decentralized secure computation network built to improve the fairness, security, and privacy of blockchains. ARPA threshold BLS signature network serves as the infrastructure of verifiable Random Number Generator (RNG), secure wallet, cross-chain bridge, and decentralized custody across multiple blockchains.
ARPA was previously known as ARPA Chain, a privacy-preserving Multi-party Computation (MPC) network founded in 2018. ARPA Mainnet has completed over 224,000 computation tasks in the past years. Our experience in MPC and other cryptography laid the foundation for our innovative threshold BLS signature schemes (TSS-BLS) system design and led us to today’s ARPA Network.
Randcast, a verifiable Random Number Generator (RNG), is the first application that leverages ARPA as infrastructure. Randcast offers a cryptographically generated random source with superior security and low cost compared to other solutions. Metaverse, game, lottery, NFT minting and whitelisting, key generation, and blockchain validator task distribution can benefit from Randcast’s tamper-proof randomness.
For more information about ARPA or to join our team, please contact us at contact@arpanetwork.io.
Learn about ARPA’s recent official news：
Twitter: @arpaofficial
Medium: https://medium.com/@arpa
Discord: https://dsc.gg/arpa-network
Telegram (English): https://t.me/arpa_community
Telegram (Turkish): https://t.me/Arpa_Turkey
Telegram (Việt Nam): https://t.me/ARPAVietnam
Telegram (Russian): https://t.me/arpa_community_ru
Telegram (Indonesian): https://t.me/Arpa_Indonesia
Telegram(Sri Lanka):https://t.me/arpa_srilanka
Telegram(Africa):https://t.me/arpaafrica
