MANTRA DAO's $BLZ validator, now open to external delegation, comes after an earlier partnership with Bluzelle.
The fundamental principle of decentralisation is being used by Bluzelle’s delegated Proof of Stake (dPoS) database, to enable the storage of decentralised Applications (dApps) data.
Fully decentralised mechanism on Bluzelle stores files across multiple nodes at a single payment, enhancing speed of data retrieval as an effect of access to the fastest node.
About Staking $Bluzelle
To stake $BLZ, please follow the Bluzelle Staking Guide for steps.
You are able to unstake from a validator at any time, which leads to a 21-day unbinding period of the tokens. During this period you can’t use these tokens to redelegate to another validator to earn rewards. However, claimed rewards can be used immediately.
Max Rate: 88.00%
Max Change Rate: 8.00%
Self-bonded amount: 8888 BLZ
The partnership between MANTRA DAO and Bluzelle aims to also integrate Bluzelle’s decentralized database into MANTRA DAO’s future products.
About MANTRA DAO
MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance. MANTRA DAO leverages the crowd’s wisdom to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.
Bluzelle aims to be the go-to data layer for Web 3.0 by providing a decentralized data network that is tamper-proof and has greater privacy, scalability, and availability than traditional solutions. Powered by Cosmos, Bluzelle handles 10,000 TPS and is a delegated proof of stake. Bluzelle’s DeFi solutions are being developed to enhance Defi with historical price feeds, provide data analytics, 360-degree views, and more. As DeFi grows, Bluzelle’s infrastructure services play a significant role.