Radstakes is a staking service founded by Faraz Abulhawa. The service offers a secure and reliable infrastructure for users to delegate their Radix native token $XRD and participate in the staking process.
Radstakes has been operating a validator node in the top 100 since the mainnet launch, with prior testing on Betanet and Stokenet.
Radstakes emphasizes the importance of security, decentralization, and performance in their validator operations. They strive to contribute to the security and decentralization of the Radix network by encouraging users to delegate their $XRD tokens to their validator node.
Staking with Radstakes offers benefits such as potential staking rewards and participation in securing the Radix network. By staking with Radstakes, users can actively support the operation and growth of the Radix ecosystem while earning rewards for their contributions
Source: Radstakes Blog - Radstakes Partners with Radix Planet
The products offered by Radstakes include stake delegation services, secure infrastructure with high uptime and dedicated servers, high availability and DDoS protection, as well as backup validator nodes to ensure maximum uptime and staking rewards.
The mission of Radstakes is to provide a trustworthy and secure staking service to the Radix network, allowing users to participate in the network's consensus protocol and earn staking rewards. Radstakes aims to contribute to the security and decentralization of the Radix network by operating as a reliable validator and promoting community engagement.
Using Radstakes offers several benefits. By delegating tokens to a reliable validator, users can participate in the staking process without the need for technical expertise or setting up their own infrastructure. Stakers also have the opportunity to earn staking rewards, which can be a passive income stream from holding and delegating their $XRD tokens. Additionally, by participating in staking, users contribute to the security and decentralization of the Radix network.
The staking process with Radstakes typically involves the following steps:
Begin by connecting your wallet that holds your Radix native token ($XRD). Radstakes supports various wallets, and you will need to connect your preferred wallet to the Radstakes platform.
Delegation is done through the Radstakes platform.