Last Chance to Join The Aventus Staking Program & Earn From More Than 58m Enterprise-Grade Layer-2 Transactions
October 07 2021 - 2:28AM
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Unlike other layer-2 blockchain solutions, Aventus is
enterprise-grade, having an agreement to onboard over 58 million
transactions from a variety of clients across various sectors. The
Aventus Staking Program is already 80% full and has begun
processing the first of at least 58 million transactions. The
publicly stated goal of the company is to reach one billion layer-2
transactions in the next couple of years. Stakers receive their
share of transaction fees as part of the network’s proof-of-stake
transaction validation model. The staking program will close once
full. Here’s everything you need to know about the Aventus Staking
Program and how you can get in before it closes. About Aventus
Network What began as a blockchain-based ticketing solution to
combat ticket fraud has expanded to become a customisable layer-2
blockchain network that lets businesses & dapps build on
Ethereum and other chains, at scale, to process transactions at
100x the speed and 1% of the cost. Everyone knows that Ethereum
fees are at an all-time high and scalability is limited to just 13
transactions per second. That’s not enough. Aventus Network is a
layer-2 solution that brings the scale and privacy of a
permissioned blockchain with the security and interoperability of
public blockchains — with none of the drawbacks of either. All
current and future transactions will flow through the main net
also. You can find full transparency of all Aventus Network traffic
and fees at explorer.aventus.io. What’s more, since many Ethereum
competitors exist, as well as other private / permissioned
networks, Aventus builds using substrate, which makes it
simple to become a parachain and benefit from full Polkadot
interoperability —enabling enterprise layer-2 scale across chains.
Major Upgrade to Aventus Network Now Supports NFTs Cross-Chain Over
the course of 2021, Aventus has already built a fork of Polkadot’s
Substrate to solve real-world issues, building strong relationships
with a range of ambitious, high-growth businesses, from ticketing
behemoth Live Nation France as reported by Bloomberg and video game
content platforms — like fruitlab — to credit card cashback
programs — like cashbackAPP. Now, significant updates to Aventus
Network platform architecture will facilitate exciting new NFT
partnerships that will reshape and reignite the market. Creators
can now mint NFTs on the Aventus Network mainnet for a fraction of
the cost of any other blockchain network. Aventus NFTs are fully
compatible with Ethereum NFTs, and therefore can be moved
seamlessly from one blockchain to another. What’s more, unlike
other NFT blockchains, the NFT-Manager pallet on the Aventus
Blockchain is designed to support Royalties and is directly built
into the Blockchain. This ensures that creators who should receive
royalties have a provable claim via an immutable ledger, on their
royalties. This major upgrade for NFTs broadens the network’s
appeal as a full-service blockchain solution for any sector, any
application, and any innovation, massively increasing the
transaction throughput potential of the network with associated
fees for stakers. The Aventus Team Aventus Network is the
brainchild of Co-founder & CEO Alan Vey, a Forbes 30 under 30
winner for his work as the co-founder & CEO of the Aventus
Network. Before moving into Blockchain, Alan worked at Deloitte in
the Entrepreneurial Business Department and macro hedge fund Brevan
Howard. He completed a Master’s Degree in Artificial Intelligence
at Imperial College London. His master’s thesis was on blockchain
technology, during which he co-founded Aventus. Supporting Alan is
an experienced leadership and advisory team. Notably, one key
advisor is Danny Masters, Executive Chairman of CoinShares, a
company that has accumulated over $3B in assets in XBT Provider
listed products while having attracted over 40,000 clients.
Introduction To $AVT & The Aventus Staking Program With More
Than 58M Agreed Transactions Using a Proof-of-Stake node validator
model, the Aventus Network pays Validators their share of fees from
every transaction processed on the node to which they stake their
$AVT. There is a total maximum supply of just 10m AVT with a market
cap of less than $5m as you can see at
https://www.coingecko.com/en/coins/aventus. The network relies on
AVT holders as Validators who process transactions in return for a
fee. The Aventus Network will launch with 10 nodes, each with an
equal probability of selection to process transactions (i.e. 10%
probability). Each node will earn fees associated with the
processed transactions at an average of $0.01 per transaction. And
each node will have a total stake of 250,000 AVT. Validator
transaction fee rewards are paid in proportion to the amount of AVT
a Validator associates with a node. E.g. If a holder owns 25,000 of
a node’s 250,000 AVT, they will receive 10% of all transaction fee
rewards from that node. According to the active Aventus telegram
member Blake, the staking earning rate is better than crypto
lending platforms like Nexo. In addition, the staking rewards
earned are not diluting your original holdings as Aventus has a
fixed supply. “A lot of staking rewards with other projects may
offer higher earning rates but in reality, you are not really
earning anything as those staking rewards are coming from minting
more tokens and adding to the total token supply,” commented Blake.
How To Stake Validators will be able to withdraw their proportional
share of transaction fees associated with their nodes on a monthly
basis. Validators will be able to deposit any amount of AVT to any
of the 10 nodes using the Ethereum smart contract provided. The
smart contracts have undergone a security audit by an independent
third party. The Validator Registration Program is currently 80%
full and will close immediately at 100%. Register to stake now at
https://www.aventus.io/ecosystem/. You can find a step-by-step
guide on how to stake at
https://medium.com/aventus/the-step-by-step-guide-to-the-aventus-validator-staking-program-e3ccf4b47c8e.
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