Twinstake

Twinstake is excited to join the initial set of operators that will be running infrastructure for Symbiotic networks. Twinstake will participate in Cohort 0, the initial operator working group that will be supporting the global decentralization of Symbiotic networks. For more about Symbiotic’s Operator Cohort 0, see their full announcement here: https://lnkd.in/eRRsA7Jv

ZaKi Usecase: Prover Infrastructure for Prover markets ✔ We anticipate the emergence of numerous decentralized prover markets in the near future. This technical blog post serves as an addendum to our partnership announcement last week with Twinstake, a leading validator in proof of stake networks 🔥 Link to technical blogpost in the 1st comment below ⬇

Congratulations to Twinstake and Nonco for trailblazing a new level of sophistication for the institutional staking business model. Benchmarks, like #CESR, enable derivatives. With today's announcement, CESR fixed versus floating swaps power next generation risk management tools and business model enhancements for institutional validators. Institutional staking businesses earn variable revenue based on 1) their performance and 2) overall activity across the ecosystem. CESR swaps allow businesses to receive fixed/pay float which hedges downturns--a key risk management tool for finance teams. But, there's more. CESR improves business models and enhance the client experience by overhauling APY models and delivering enhanced transparency. Institutions demand this. Today, most staking business models are: ❌ "You get what I get and I take 10%" (limited transparency, uncertain return; idiosyncratic risk) With benchmarks, staking providers can deliver incremental transparency to their clients by offering benchmarked APYs: ✅ CESR +/- (floating rate transparency--calculated by a third party) ✅ Fixed APY (fixed rate transparency over a time period) This is one of the important institutional unlocks we've been waiting for...special thanks to CoinDesk Indices for their continued partnership as we blaze new frontiers. https://lnkd.in/dDSUqEqG?

Leveraging the innovative #CESR™ (Composite Ether Staking Rate), we are now offering fixed-rate yield solutions for ETH validators, ensuring reliable and predictable income streams. Twinstake proudly becomes the first counterpart with the first swap transaction by a staking provider on CESR. With the recent launch of #ETH #ETFs, interest in staking is soaring. This development demonstrates the critical role of CESR as a benchmark for risk management and optimized returns. "The flexibility and customizability of CESR swaps allow us to provide tailored yield hedging strategies," said Jeffrey Howard, Partner at Nonco. "This ensures validators and other stakeholders can manage their risk exposure effectively." Learn more here ➡ https://lnkd.in/gEaTWSJA #ETH #Staking #NewDevelopments #crypto

Ethereum is not just an ETF story. Twinstake just participated in the 1st swap transaction by a staking provider on CESR. Congrats to them and Nonco, the broker-dealer, on executing a fixed for floating CESR rate swap. This transaction is the tip of the spear. More to come. CESR is the standard for measuring market-wide ETH total return performance. Our CESR website: https://lnkd.in/euk8AADy Jeffrey Howard | Andrew Gibb | Kim Klemballa | Christopher Perkins | Moamen Elsayed | Teun Lucas, CFA | Etienne Hannart | Kevin Law | Andrew Baehr, CFA | Craig Braswell | Dan Ashe | Tracy Stephens | Chris Tyrer | Twinstake | CoinFund | CoinDesk | Bullish Press Release: https://lnkd.in/gedwnju2

Twinstake is proud to have participated in the 1st swap transaction by a staking provider on the CESR™ (Composite Ether Staking Rate) by CoinDesk Indices & CoinFund. Twinstake, the leading institutionally-focused staking provider, and Nonco, the innovative crypto broker-dealer, have joined forces to trade a fixed for floating CESR rate swap for Twinstake’s own account. We believe this transaction is just the tip of the enormous iceberg of financial transactions that will be built off the back of this benchmark, to consolidate CESR as the standard for measuring market-wide ETH total return performance. With CESR as the cornerstone for spot rewards rate, it will be possible for further financial innovation to grow in ETH and crypto more generally. Spot rewards rates will lead to forward ones, rewards curves will develop and allow for a vital discounting function to correctly price crypto assets & projects based on expected future returns, and bigger & more complex products will be born as crypto capital markets mature. Twinstake is very excited to take part in the natural development of this process and very optimistic of what lies ahead in 2024 and beyond for crypto and staking. Congratulations to Alan Campbell from CoinDesk Indices and Christopher Perkins from CoinFund for the fabulous work on creating and growing CESR, and to Fernando Martínez Fernández and Jeffrey Howard at Nonco for pushing the boundaries of its financial application. For more on this announcement, please read Nonco's press release below:

Twinstake and Ingonyama - Zero Knowledge Proof Hardware Acceleration, a leading expert in vertically integrated ZK provers, are excited to announce a partnership aimed at advancing the infrastructure for emerging decentralized prover markets. As prover markets move toward decentralization, they will require highly-available and highly-performant infrastructure coupled with strong security and transparency guarantees. The partnership between Ingonyama and Twinstake aims to collaborate with builders of these marketplaces during the critical stages of design, implementation and deployment. The ultimate goal is to efficiently generate ZK proofs in a decentralized manner and transfer them from any source to any destination, enabling real-time verification of any computation. Twinstake and Ingonyama will collaborate on developing best-in-class infrastructure for prover markets, supporting all stages of development, from experimentation to large-scale production. Ingonyama’s provers are built with specialized hardware, ensuring optimal resource utilization and efficiency to enable decentralized proving. Partnered with Twinstake, Ingonyama provers can easily integrate into various networks, stake or re-stake, run nodes, and provide unmatched reliability and telemetry. Read the full announcement to learn more about how Twinstake and Ingonyama will work to improve ZK prover infrastructure. Read our full announcement here: https://lnkd.in/eD7WA5hR

Our report "EigenLayer: An Institutional Perspective," examines the challenges & opportunities for institutions in using the EigenLayer restaking protocol. EigenLayer allows Ethereum stakers to reuse their staked ETH, Liquid Staking Tokens (LSTs), and EIGEN tokens to secure various services. While EigenLayer presents compelling opportunities for enhanced rewards through restaking, there are significant considerations and potential barriers that institutions must navigate. Our detailed exploration has highlighted several key factors that, when addressed, can pave the way for broader institutional engagement. The report covers: - EigenLayer's potential for enhancing staking returns. - Challenges in delegation complexity and AVS selection. - Navigating regulatory uncertainties and managing smart contract risks. - The critical need for detailed reporting and data. Read the full report below: https://lnkd.in/ezsnPkid #eigenlayer #restaking #institutionalstaking

Twinstake July 2024 APR forecast offers an in-depth analysis of staking trends for ETH, SOL, TON, MATIC, and DYM. Dive into the report to gain a deeper understanding of the factors influencing these changes. #VentureCapital #Innovation #FinTech #FurtherVentures

🚀 We're Hiring! Join Our Team as a Junior Sales Executive in London! 🚀 Are you passionate about blockchain technology and eager to jumpstart your career in sales? We are looking for an ambitious and driven junior sales professional to help support our global sales strategy. You'll drive sales, build client relationships, and develop strategies to meet targets. The role reports into our seasoned Head of Sales, Joaquin Gutierrez Lantero and offers hands-on learning, mentoring, and professional development in a fast-paced, innovative environment. This is an exciting opportunity if you are interested to dive into the digital asset space and become part of a super dynamic and fun Twinstake team. If you are interested feel free to p/m me and/or click on the link below to apply and find out more! https://lnkd.in/evRyQZT8