SafeStake

The ParaState team wishes everyone a Merry Christmas and a Happy New Year!2022 was an exciting year for the ParaState, SafeStake, and the team behind the scenes! We held a number of AMAs and other events to engage the community, attracted new partners, strengthened our team, launched the first stage of our incentivized testnet, and more! We stand proudly by our achievements and look boldly to the future, regardless of the state of the market, the pressure from regulators on the crypto industry, and the failings of some major players in the crypto space. We have highlighted some of this past year’s achievements to show you our work and give you a sneak peek at the goals for 2023! <img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/d5087891852d4f4ba0dbb5d041861f5f.png" />1. According to CoinMarketCap, the ParaState community was #1 in the TOP 10 projects in terms of followers gained! Thanks everyone! <img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/db07ccbd15c946f98733be415351e109.png" />2. We launched the first Tribe of STATE NFT collection! This minting of the Tribe of STATE contains a total of 10,000 NFTs. These NFTs are badges that will allow holders to participate in governing the ParaState DAO. <img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/e879cb55532248ddb6f584cffbbbb432.png" /> 3. We launched our SafeStake Incentivized Galileo Testnet!You can participate in the first stage of the testnet by running a validator or operator node! Right now, the race is on to 250 *ACTIVE* validators and we’re very close. When we hit that milestone, we’ll give away .25 ETH, and we’ll keep giving away bigger and bigger chunks of ETH as we get closer to 1,000 active validators! - 250 validators - random drawing to win 0.25 ETH! - 500 validators - random drawing to win 0.50 ETH! - 750 validators - random drawing to win 0.75 ETH! - 1,000 validators - random drawing to win 1 ETH!!!What other testnet is offering these kinds of prizes? WANT TO JOIN IN THE FUN?Earn $STATE rewards and the chance to win ETH prizes by participating in SafeStake’s Galileo Testnet!*only ACTIVE validators and operators on testnet will be eligible to win ETH prizes.Learn how to set up a validator <a href="https://youtu.be/5AUABAiNmkg" rel="noopener noreferrer nofollow">here</a> or how to set up an operator node <a href="https://youtu.be/lm-NeBJWC1k" rel="noopener noreferrer nofollow">here</a>. If you’re going to run an operator node, you should also reference our <a href="https://github.com/ParaState/SafeStake" rel="noopener noreferrer nofollow">Github</a>. We&#39;ll even give you the goETH to create some new validators, so give it a try!4. We’ve updated the SafeStake Roadmap to help you better understand our goals for 2023. 5. For our community, we created a #support-tickets channel in Discord.The SafeStake Official Support Hours are:Monday - Friday 09:00 - 22:00 UTC and 22:30 - 06:30 UTCDevOp Support: Monday/Wednesday/Friday from 12:00 - 13:30 UTC.<blockquote>Our team will answer your questions and assist with issues as quickly as possible during these hours. Thank you for your patience.</blockquote>6. ParaState was Coinfest Asia&#39;s Gold Sponsor <img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/f661fc7892e7414397a4e6969455b6c8.png" />7. In October, we co-hosted the Ethereum Singapore Meetup! with RockX and SSV.network. <img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/dc3e97a7a70d43bb9a1211c2cf0a77a1.jpg" /> In this meetup session, we talked about the Ethereum Merge, discussed new products and services in the ETH staking space, and drank, ate, and connected with fellow ETH enthusiasts in an open networking session! <img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/04801cc83f8746418231b37a39650f2a.png" />8. ETH 2.0 Meet UP with ParaState, Cocktails and Jazz! <img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/24cdf8771f244a73b5b8186f4dc94a55.png" />We hosted this event on the Plaza Hotel’s rooftop, one of Bogota’s most recognisable places. This Meet UP was aimed at bringing the SafeStake community together with the ParaState team to create powerful, long-term relationships.It provided a casual, inviting space to not only talk about crypto and have a technical discussion about SafeStake, but also to make new friends with those who share similar interests. .................................... Thanks for joining us for this special ‘year in review’ newsletter edition. We enjoyed telling you about our favorite moments and accomplishments, but we’re even more excited about the new things coming to SafeStake soon! Tokenomics on testnet, lower staking requirements, and more!Everyday, our team works behind the scenes to improve the SafeStake experience. Technicians work every day to develop solutions for ParaState and SafeStake, while the marketing team develops creative ways to engage the community.We enjoy working with you and thank you for your continued support as we transition into 2023.

December Newsletter

SafeStake

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