What is Trusted Node?
Trusted Node (TNODE) stands as a revolutionary non-custodial staking platform that enables individuals to stake their cryptocurrencies and take part in node validation without the need to run validator nodes themselves. By eliminating the technical complexities associated with validator nodes, Trusted Node opens doors for users to access proof of stake rewards, DeFi yield, and engage in multi-chain governance seamlessly.
The primary focus of Trusted Node is to address the significant number of cryptocurrencies that remain stored on exchanges, preventing users from enjoying the benefits of staking rewards. To tackle this issue, the platform simplifies the process of reclaiming token ownership, empowering users to secure multiple proof-of-stake networks and their assets through staking with Trusted Node. By doing so, users gain complete control over their funds while maximizing their yields through the platform's innovative multichain liquid staking feature. Liquid staking involves the creation of liquid derivatives of staked native tokens, effectively releasing liquidity back into circulation.
The Trusted Node system operates as an Ethereum Decentralized Application (DApp) with various sections accessible to users. Its core objective is to enhance the safety, usability, and durability of proof-of-stake ecosystems. To achieve this, the platform enables all users to directly engage in staking rewards and decentralized governance. Through the staking portal, users can stake their native assets to authorized validators, ensuring their active participation in the ecosystem. Moreover, users can actively contribute to governance by addressing current issues and voting on important matters through the platform's multichain governance feature. Additionally, users have the opportunity to earn a share of transaction fees by providing liquidity to the Trusted Node ecosystem via the platform's vaults.
At the heart of the Trusted Node ecosystem lies the TNODE utility token, built on the Ethereum blockchain as an ERC-20 token. Holding TNODE tokens grants users governance rights, allowing them to actively participate in decision-making processes. Additionally, TNODE tokens serve as a means of liquidity provision and facilitate the exchange of native assets and derivatives across all vaults within the ecosystem.
Trusted Node's journey began in 2021 when it was co-founded by industry veterans Stefan Rust and Faiz Nazarali. Since its inception, the platform has been committed to providing a secure and user-friendly environment for staking and governance. With a total supply of 1 billion TNODE tokens, Trusted Node continues to drive innovation and empower users to take full control of their staking rewards and actively contribute to the growth and development of the ecosystem.
In conclusion, Trusted Node (TNODE) emerges as a groundbreaking platform that democratizes staking and governance in the world of cryptocurrencies. By simplifying the staking process and offering multi-chain support, Trusted Node empowers users to unlock the full potential of their assets while actively participating in decision-making processes. With its user-centric approach and commitment to security and usability, Trusted Node paves the way for a more inclusive and accessible future in the realm of decentralized finance.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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