SINGAPORE, Apr 20, 2021 - (ACN Newswire) - This April, Moonstake celebrates its 1 year anniversary. We've come a long
way since our official launch, having established a strong position in the POS market in less than a year. Today,
Moonstake total staking assets have reached over $900 Million and are entrusted by core blockchain companies as business
partners and crypto users from all over the world. We've grown to become one of the top 10 staking providers in the
world.
On the celebration of Moonstake's first anniversary, Founder of Moonstake, Mitsuru Tezuka, says: "2020 was an incredible
first year for Moonstake. We achieved over $900 Million in staked assets and earned the trust of investors and
businesses worldwide with our staking wallet as well as staking-as-a-service solutions. In just one year, we've become
one of the top 10 staking providers in the world. We're very excited to see how the Moonstake ecosystem will continue to
grow from 2021 onwards, especially in the DeFi space, and we hope to experience all of it together with you again this
year. Thank you for always supporting us!"
Let's revisit Moonstake's milestone and look forward to the exciting future of Moostake from 2021 onwards with CEO
Lawrence Lin and Shogo Ishida, Moonstake's Senior Advisor.
Lawrence Lin: Hello, I'm Lawrence Lin, the CEO of Moonstake. It has been 1 year since we debuted Moonstake staking
business with the aim to create the biggest staking network in Asia. We developed the most user-friendly staking
wallets: Moonstake Web Wallet for web browsers and Moonstake Mobile Wallet on iOS/Android with support for over 2000
cryptocurrencies. Now, Moonstake's staking community can easily earn staking rewards from all the high demand POS coins
on the market including Cosmos, IRIS, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality and most
recently, Orbs.
Moonstake has also forged strategic partnerships with leading industry players, including public blockchains such as
Emurgo (global blockchain solutions provider and founder of Cardano), NEO, Ontology, Wanchain, and decentralized
projects Pundi X, RAMP DEFI, TZ Ventures, RockX, Stake Technologies, Orbs, Unido, and more. These partnerships not only
allow Moonstake to enable staking of more PoS coins for our users but also make Moonstake's technology ecosystem more
accessible to the global staking community.
Question: What are the biggest adoption barriers for Proof of Stake and Staking right now and how should we solve them
for investors and also blockchain businesses?
Lawrence Lin: Definitely the lack of awareness and the still inaccessible user experience. The public mostly know about
"the cryptocurrency with crazy price change" that is Bitcoin, but PoS coins aren't as prominent to the masses,
especially since trading to make a profit is much easier to adopt due to being similar to investing with other asset
classes like stocks, real estate, gold, etc. In reality, staking is basically like putting your savings into a bank, but
much safer since it's on a decentralized network instead of the centralized banking system.
However, staking isn't simply putting money in a safe. It's an activity that impacts the operations of the blockchain
network since it's essentially selecting the validators (miners) to facilitate transactions. Such added technical
complexities might make staking seem too intimidating to the average crypto investor, and even more so for businesses
looking to adopt blockchain.
Moonstake works to accelerate adoption of staking by addressing both these pain points for investors and businesses. By
hosting initiatives like educational webinars and collaborating both blockchain projects and institutions, we want to
help spread awareness of blockchain and decentralized technologies more effectively. At the same time, we develop the
user-friendly Moonstake Wallet that supports only the most highly demanded PoS coins through official partnerships with
the blockchain projects so that investors can earn well from their idle funds with optimal yield without having to deal
with the technical complexities of PoS blockchains. We also offer Moonstake staking pool and node solutions to
enterprises so that they can start utilizing and benefiting from implementing blockchain in their business with
plug-and-play ease.
Question: You have been professed to enter the DeFi domain, but what kind of development does Moonstake plan to try in
the DeFi domain?
Shogo Ishida: Recently, we announced their DeFi project Muse.Finance on March 31st. In addition to creating its own
products, Muse.Finance will also be widely accepting applications from DeFi products that wish to connect to Its
platform. This is a decentralized platform that allows crypto asset holders to profit from lending through wrapped
assets while participating in staking and yield farming at the same time. Its ecosystem design, consisting of Muse Swap,
Muse Lending and Muse Wrap, connects the DeFi ecosystem of tokens issued on Ethereum (ERC-20) with Ethereum 2.0 to
create a liquidity-generating PoS platform. In addition, by using advanced cross-chain technology, Muse.Finance is
expanding its crypto-asset economic zone, starting with Cardano and extending its service offerings to Polkadot, Solana,
Oasis, Terra, Centrality and others.
Muse.Finance will launch its first product, a wrap and swap platform, in May. Later in the year, we will gradually
enhance Muse DeFi platform with Lending and Yield Farming.
About Moonstake
Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and
global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners
and companies.
Moonstake aims to be the largest staking pool network in Asia by providing an active environment for crypto asset
holders. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing
to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem.
Partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest
blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore-listed company. Industry's reputed advisors, such as Lisk
and Lawrence Lim of RAMP DEFI support Moonstake's innovative journey.
With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets
exceeded over USD 900 Million.