By
Mayowa Adebajo
February 6th, 2024
The newly launched ORBS guide on StakingRewards provides token holders access to robust analytics for optimizing staking strategies. The customizable dashboards offer at-a-glance visibility into key metrics.
StakingRewards, a leading staking information platform, has published a comprehensive guide catering specifically to ORBS token holders interested in staking on the Orbs blockchain network. The newly released guide offers useful metrics, comparisons, and tutorials to inform and assist those who are staking on the platform.
Orbs is an open, decentralized public blockchain designed to facilitate scalability and security for decentralized apps through an open-source infrastructure. The Orbs network secures itself through a delegated proof-of-stake (DPoS) consensus model where ORBS token holders can delegate their stake to professional validator nodes called Guardians to help secure the network in exchange for a share of transaction fees. The platform products can be integrated with most decentralized exchanges and have been integrated with platforms like QuickSwap, SpookySwap, Thena, and Chronos.
Key Features of the ORBS Staking Guide
At its core, the newly launched ORBS guide on StakingRewards provides token holders access to robust analytics for optimizing staking strategies. The customizable dashboards offer at-a-glance visibility into key metrics like APR, reward distribution schedules, risk profiles, and token circulation dynamics. It also helps to chart market indices over time, making it possible for users to track staking rewards and current staking flow. These details can help ORBS stakers make more informed decisions and maximize earnings.
In addition to the aforementioned features, the guide offers essential staking calculators that extend its utility by including Guardian performance benchmarking. These calculators aid users in determining stake rewards and calculating the necessary variables as needed. Furthermore, StakingRewards compiles and compares data on validator yield rates, fee structures, and historical uptime for all authorized Guardians. This comprehensive information empowers ORBS delegators to make informed decisions when selecting validation partners that align with their goals.
Nevertheless, the guide extends its reach beyond experienced stakers by incorporating an interactive and user-friendly tutorial. This tutorial serves as a comprehensive guide, leading token holders who are new to staking through each step of the process. As a result, these individuals can actively participate in earning passive income through delegation. The provision of easily understandable educational resources by StakingRewards assists newcomers in comprehending the ORBS ecosystem. In turn, this fosters greater decentralization and wider participation in this rapidly expanding project.
With over 160 assets now tracked alongside 17,000 staking providers, StakingRewards has established itself as the top portal for accessing the $170 billion staking industry. By providing users with reliable, up-to-date data and powerful analytical tools, it allows both novice and experienced holders to evaluate staking opportunities across markets, enabling informed comparisons between assets based on profitability, security audit ratings, and overall community adoption. This liberated access to metrics across rising networks like Orbs unlocks passive income potential for users and fosters increased global participation in the rapidly expanding field of crypto staking.