When the Ethereum Network launched its Deposit Contract and began its journey into a Proof-of-Stake (PoS) based consensus, critics doubted that it was going to generate enough interest to lock the necessary 500,000 ETH. At the time of writing, over 7 billion ETH or $25 billion have been sent to this address.
This proved one more time that there is a high demand from stakers to access products capable of offering yields on their investments. This was acknowledged by Aventus Network, a customizable layer-2 scaling solution to build on Ethereum and other blockchains for faster and low-cost transactions.
The protocol operates with a PoS based layer; a native token called AVT, and a staking mechanism via the Aventus Validator Program. This allows users to have access to fast transactions and rewards for staking their funds in the protocol.
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We sat down with their team to discuss the relevance of PoS staking for investors, the role that Avanti Network could play in the future of Ethereum, and the potential of its staking program to offer users an accessible and high-quality product. This is what they had to say.
Q: For those unfamiliar with Aventus Network, its features, and capabilities, can you tell us more about the protocol? How can people benefit from using it?
A: What began as a blockchain-based ticketing solution to combat…