Wednesday, December 25, 2024
HomeCryptoFluence Introduces Staking Program for Cloudless Computing Marketplace

Fluence Introduces Staking Program for Cloudless Computing Marketplace

Key Takeaways

  • Fluence’s delegated staking model opens up network security to all FLT token holders.
  • Staking and rewards are USD-denominated but paid in FLT, providing predictability for compute providers.
  • Fluence’s platform runs on enterprise-grade data centers, many powered by renewable energy.
  • The staking program is part of a broader multichain strategy, supported by Arbitrum Orbit and Gelato.

Fluence, a cloudless computing platform aiming to revolutionize decentralized infrastructure, unveiled its staking program today. The new program invites its community to participate in securing the platform’s computing marketplace while earning rewards. This move not only bolsters network security but also opens the door for broader participation beyond traditional hardware providers.

The launch introduces a delegated staking model, a departure from the standard approach in compute and storage DePIN projects, which typically limit staking to hardware contributors. Fluence’s model allows all holders of its native FLT token to delegate their stake to compute providers. This gives community members a chance to contribute to the platform’s growth while sharing in the rewards, signaling a democratization of network security.

“By addressing the limitations of centralized systems—such as high costs, a single point of failure, and censorship risks—Fluence provides a more resilient and flexible alternative,” said Tom Trowbridge, Co-Founder and CEO of Fluence. “Our delegated staking model opens up staking to the community, enabling them to participate in securing our DePIN compute platform.”

One of the standout innovations of Fluence’s staking architecture is its USD-denominated rewards system. Unlike traditional models, both staking requirements and rewards are pegged to the USD but paid in FLT tokens. The current reward target is set at $10 per month per CPU core, with staking requiring $200 per core. This structure provides a level of predictability for compute providers, helping them manage their operational costs more efficiently. Stakers, in turn, secure a network that powers a range of decentralized applications, including running blockchain nodes, processing AI workloads, and supporting other Web3 infrastructure.

Fluence’s staking program is built on Arbitrum Orbit, facilitated by Gelato’s Rollup-as-a-Service, enabling a multichain ecosystem. Luis Schliesske, founder of Gelato, praised the deployment: “Fluence’s new L2 marks a major step forward in decentralized DePIN infrastructure. We are excited to see their commitment to a multichain strategy.”

In addition to decentralization, Fluence is also emphasizing sustainability. The compute resources supporting its network are provided by enterprise-grade data centers like PiKNiK, Nebula, and Kabat, many of which run on renewable energy. This aligns with the platform’s mission to reduce the carbon footprint of computing while ensuring reliable, high-performance infrastructure for its users.

With these partnerships and a growing network of data center operators, Fluence is well-positioned to become a major player in the decentralized computing space. As more stakeholders join the ecosystem, Fluence expects to enhance its usability across a wide range of DePIN use cases, including AI and blockchain technologies.

By lowering the barrier to entry through liquid staking and staking pools, Fluence is pushing forward a model that could reshape how decentralized computing resources are managed and secured. For the wider community, it’s an opportunity to participate in the platform’s success while earning a share of the rewards from a cutting-edge technology poised to transform the cloud computing landscape.

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