ARPA Network Community Pool Staking Program: Round IV Now Live!
Dear ARPA Community,
Building on the success of previous rounds, we are excited to announce that Round IV of the ARPA Network Community Pool Staking Program is now live! This new phase provides our community with another opportunity to contribute to the growth and security of the ARPA Network by staking ARPA tokens. We extend our sincere thanks to all who have supported the program so far — your participation is essential in ensuring the continued success and decentralization of our ecosystem.
Round IV Overview:
- Monthly Rewards: 666,666 ARPA tokens per month.
- Total Rewards: 4 million ARPA tokens for the full duration of 6 months.
- Cap Per Address: Each participant can stake up to 5 million ARPA tokens per address.
- Staking Flexibility: Stake or claim rewards at your convenience. Please note that unstaking will involve a 14-day unlock period.
Why Staking Matters
Staking plays a crucial role in maintaining the integrity and smooth operation of the ARPA network. It provides incentives to token holders who contribute to the network’s security and optimal performance.
ARPA Network is designed as a permissionless network, open to anyone who wishes to join and run nodes. The strength of the network lies in the number of nodes participating and the amount of ARPA staked. As more nodes join and more ARPA tokens are staked, the network becomes more reliable. By staking your ARPA tokens, you actively contribute to the network’s security, helping to fortify it against potential attacks.
Staking ARPA tokens also plays a vital role in promoting decentralization. It encourages more participants to run nodes, preventing any single entity from gaining excessive control over the network. This commitment to decentralization ensures that the network remains resilient and resistant to potential centralization risks.
By participating in staking, you not only earn rewards but also play a pivotal role in enhancing the network’s security, efficiency, and long-term sustainability. Your involvement as an early adopter allows you to shape the network’s direction and contribute to its ongoing development, positioning you as a key player in the ARPA ecosystem.
Details of Community Pool Staking Program Round IV
We understand that not everyone is interested in running a node, and we appreciate the enthusiasm of our supporters who want to contribute to the network’s growth without the complexities of node maintenance. That’s why we’ve introduced Community Pool Staking as a simple and accessible alternative, providing an intuitive staking portal where anyone can participate without hardware requirements, node management, or minimum staking thresholds.
In Round IV, we are allocating 666,666 ARPA tokens monthly as rewards. Stakers in the Community Pool will receive rewards based on their share of the pool, which has a cap of 100 million ARPA tokens. The individual cap remains at 5 million ARPA per address, with no minimum staking requirement. Depositing and claiming rewards is flexible. However, please note that unstaking will involve a 14-day unlock period before tokens can be claimed.
For more detailed information on the staking program, please refer to our documentation and the tutorial.
If you have any questions or need assistance, please contact us at contact@arpanetwork.io, or follow us on X and join our community for the latest updates.
Thank you for your continued support.
The 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 (Korean): https://t.me/ARPA_Korea
