peaq, the layer-1 blockchain for DePIN and Machine RWAs, announces the expansion of its ecosystem as Twinstake joins peaq’s genesis node pool. Twinstake is a leading non-custodial institutional staking provider enabling companies to earn rewards on their digital assets in a compliant and transparent way. Twinstake is trusted by leading Foundations. Asset Managers, VCs, Hedge Funds and Family Offices, peaq’s native utility token $PEAQ joins the list of assets supported by Twinstake including Ethereum, Solana, TON, and Polygon. This addition will enable Twinstake clients to take part in peaq’s consensus mechanism, earning rewards for helping make the network more secure and gaining exposure to the DePIN ecosystem on peaq.

With its focus on real-world business cases, the DePIN space is garnering an increasing amount of attention from enterprises and institutional investors. peaq, the layer-1 blockchain built to power DePIN, has long been collaborating with top enterprises, including joint projects with Bosch and peaq’s selection for Mastercard’s prestigious Start Path program. As it gears up for its mainnet launch, it’s already unveiled a line-up of top enterprises and entities in its genesis node pool: Bertelsmann Investments, Deutsche Telekom MMS, Lufthansa Innovation Hub, and Technical University of Munich (TUM).

Twinstake is the latest addition to the group, launching its own peaq node that will be supporting peaq’s day-to-day operations from the network’s launch and onwards. Its involvement in the ecosystem will position it to unlock fully compliant staking services on peaq for institutions, enabling them to more easily take part in peaq’s Delegated Proof of Stake consensus.

At its genesis, peaq’s active node pool is limited at 32, based on the token stakes backing each node, including both the operator’s and their delegators’ tokens. The node pool is open to anyone to participate, with nodes run both by enterprises and community members, and the active pool may be gradually expanded as the network grows. The delegators community members who stake their tokens in support of their chosen active nodes get a share of the node rewards from the nodes they support.

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“The DePIN sector has been attracting significant institutional interest, with decentralized infrastructure poised to transform industries such as mobility, energy, and logistics,” said Andrew

Gibb, CEO at Twinstake. “By working with peaq, our clients will be able to gain exposure to a technology leader in the DePIN sector, and we are certain that its upcoming launch will generate significant value for our clients.”

“As the leading institutional staking platform, Twinstake is bringing a crucial institution-facing capacity into the peaq ecosystem,” says Leonard Dorlöchter, co-founder of peaq. “Its integration is another major step towards making peaq more accessible to large-scale asset managers, which in itself is one of the major goals on the way to the wider DePIN adoption. We’re excited to see this collaboration flourish and look forward to exploring the potential it brings to the ecosystem.

The post Twinstake unveils its peaq node to unlock compliant $PEAQ staking for institutions appeared first on HIPTHER Alerts.

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