Research-driven cryptocurrency Delphi Digital and Institutional Staking Platform Chorus Chorus, has worked together to launch a new agency-grade verifying officer at Solana.
summary
- Delphi Digital and Chorus One have joined the Solana Validator list.
- The platform partners to launch facility-grade validators to support Solana’s security and decentralization.
- Validators earn rewards from protocol rewards, staking, and pools.
Delphi Digital’s Strategic Advisory Arms Delphi Consulting and Chorus One have leveraged the infrastructure and expertise of their respective platforms to enhance Solana (Sol) staking, noting in the announcement.
Delphi Consulting, the new facility-grade validator, says Solana’s new commitment to security and decentralization. The integration and launch of validators is Delphi’s move to expand reach across the distributed finance ecosystem, and the service is currently embracing insights and network participation.
Solana is the second largest blockchain in terms of total locked behind Ethereum (ETH), with Defillama data showing over $11.4 billion in TVL with 349 protocols.
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Decentralized Solana
The Solana network continues to grow as a platform with key factors for speed, low prices and the developer community.
Like Defi, the network supports a robust ecosystem of inappropriate tokens, payment solutions and Web3 games. By implementing isolated validators, Delphi and Chorus One support institutional recruitment.
“We are excited to deepen Delphi’s role in running Solana Balidator and supporting the network we believe in,” said Ashwath Balakrishnan, head of Delphi Consulting. “Implementing the chain activation strategies we believe in is a natural extension of our work, filling in research insights with practical participation in these ecosystems.”
Solana currently boasts over 1,000 validators, including Coinbase, Binance, Helius, Galaxy and more. These players decentralize the network through computing resources and earn validator rewards from protocol-defined inflation rates, staking and stake pools.
Chorus One and Delphi previously worked together on the Validator Initiative of Initia, a Layer-1 blockchain network with customizable Layer 2 rollups.
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