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Cryptocurrency News Articles

MANTRA Chain Welcomes Cosmostation VD to its Network as an Active Validator Specializing in Real-World Assets (RWAs)

Feb 08, 2025 at 05:15 am

By forming this strategic partnership MANTRA establishes enhanced security combined with decentralized operations and improved participation through staking activities which provide better reliability for its $OM holders.

MANTRA Chain Welcomes Cosmostation VD to its Network as an Active Validator Specializing in Real-World Assets (RWAs)

Layer 1 blockchain service MANTRA Chain has welcomed Cosmostation VD to its network as an active validator specializing in Real-World Assets (RWAs).

This strategic partnership will see MANTRA Chain bolster its security, complemented by decentralized operations and greater participation through staking activities, ultimately enhancing network performance and reliability for its $OM holders.

A Step Towards Greater Decentralization

As MANTRA Chain builds out a decentralized financial ecosystem, the platform is constantly growing its validator infrastructure. The integration of Cosmostation VD brings to the network advanced validator infrastructure, coupled with enhanced security protocols that elevate network performance, stakeholder trust, and network stability.

The agreement enables the platform to achieve its long-term goal of developing the blockchain ecosystem by onboarding validators that excel through their proven accomplishments. Cosmostation VD has clocked 70+ blockchain network operations, and now joins MANTRA Chain’s network, strengthening decentralized blockchain operations.

Enhanced Security and Staking Reliability

The established validator status of Cosmostation VD enables users to stake their assets through their secure staking infrastructure. Their validator services will lead to three main benefits:

- Boosted security for the MANTRA Chain network through active participation in consensus protocols.

- Increased decentralization of the network by facilitating greater participation in staking activities.

- Improved staking participation through their services, which will enhance network stability and resilience.

Mintscan Integration for Seamless Asset Verification

A key component of this partnership is the addition of Mintscan, one of the leading blockchain explorers developed by Cosmostation, to the MANTRA Chain ecosystem. Individuals who own $OM can easily verify the possession of their staked assets at any time from anywhere through the integration of Mintscan, boosting transparency throughout the MANTRA platform.

According to Cosmostation VD, users can effortlessly confirm asset ownership on any blockchain by utilizing Mintscan, which provides transparent and trustworthy verification capabilities.

Invitation for $OM Holders to Delegate Staking

The partnership between MANTRA Chain and Cosmostation VD extends an invitation to all $OM token holders so they can delegate their stakes through the new validator. Network delegation provides dual benefits of secure network protection and passive rewards for those who stake.

The strong infrastructure of Cosmostation VD will allow $OM holders to stake their cryptocurrencies with peace of mind as they help decentralize and secure the MANTRA Chain. The procedure for delegation verification can be learned through browsing the Mintscan Explorer website.

Through their partnership, the platforms preserve their status as the #HomeOfRWAs while establishing themselves as a top blockchain system for institutional and individual users.

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Other articles published on Feb 08, 2025