Transcendental Staking: The brand new cross-chain staking to boost the way forward for NFT utility


Stakernauts & HashGuardians Launch Transcendental Staking

Stakernauts, a ProximaX group initiatve launches Transcendental Staking, a brand new cross-chain staking program with HashGuardians, a P2E Cardano-based venture.

GIBRALTAR, August 16, 2022 / — In an period of interconnectivity, cross-chain utility nonetheless stays an untapped supply of potential for encouraging development between blockchain communities.

HashGuardians and the Stakernauts community are teaming as much as present a number of the first cross-chain Gamefi utility on both of their native blockchains – Cardano and the Sirius Chain by ProximaX. Presently, HashGuardians NFT house owners are capable of earn passive staking rewards within the type of HashCoins, the in-game forex of the HashGuardians Universe. Beginning this September, house owners can even have the chance to earn staking rewards within the type of MetX, the Gamefi token for the Stakernauts initiative. Dubbed Transcendental Staking, this novel cross-chain staking program marks the primary steps for each initiatives in creating extra cross-chain utility for NFT house owners.

Transcendental Staking is an revolutionary technique of staking whereby house owners of tokens from different chains can come collectively, take part in a staking exercise, and get rewarded with a cryptocoin from the internet hosting chain. Stakernauts, a group initiative below the Sirius Chain, is pioneering this technique of staking to increase staking and take away limitations that restrict the earnings of token holders.

HashGuardians is a number one play-and-earn title being developed on the Cardano blockchain. Launching their NFT-based playable characters in the course of the earliest days of NFTs on Cardano, HashGuardians has at this time launched full playable utility for all 10,000 of their NFT characters – a uncommon feat amongst NFT video games on any blockchain. Every HashGuardians NFT is a unique, fully-animated playable character prepared for adventures all through the HashGuardians Universe.

“Our mission is to create partaking gameplay that offers the ability again to our gamers,” says F. Katzmarek, HashGuardians CEO. “We would like gamers to manage their belongings and reap the rewards of being a part of the HashGuardians group. We’re excited to welcome the ProximaX and Stakernauts group to HashGuardians and respect this chance to additional improve the utility of our NFT assortment.”

HashGuardians NFT and MetX holders that choose into the staking program will have the ability to register their Sirius pockets handle for month-to-month MetX airdrops. Reward quantities will fluctuate, relying on the variety of HashGuardians NFTs and MetX held within the customers’ respective blockchain wallets. MetX has a three-part utility on the Sirius Chain, the place it serves because the token of selection for ecosystem Gamefi initiatives. Alongside the Stakernauts’ cross-chain collaborations, MetX shall be utilized in Xarcade – a gaming-focused market, and MetaXar – an interactive expertise targeted on gamifying the hyperlink between blockchain gaming initiatives.

By constructing bridges throughout blockchains, HashGuardians and the Stakernauts search to take early initiative in exploring the potential of cross-chain collaborations. With their sturdy presence within the Asia Pacific area, Stakernauts signify a number of the quickest rising markets for blockchain gaming fanatics, whereas HashGuardians’ sturdy presence within the North American and European markets helps join present NFT collectors to the Stakernauts group.

Stakernauts’ mission is to interrupt down blockchain limitations and unite the numerous fragmented communities within the cryptospace to type a guild of types in order that communities can share their frequent objective of incomes collectively and cross-promoting initiatives that may be mutually helpful to all events. Stakernauts is promoted by the individuals who created the Sirius Chain by ProximaX. It’s envisioned that the communities of Stakernauts shall be concerned in Xarcade – a video games market, and MetaXar – a Metaverse project- by Sirius Chain. Additional, it’s hoped that HashGuardians shall be among the many first to roll out its venture within the Metaverse and supply its group an “prolonged play” of their actions and earn past its personal rewards – thereby giving its gamers a multiplier incomes impact.

About HashGuardians:

With a deal with the intersection of blockchain expertise and interesting, enjoyable gameplay, HashGuardians is creating a multifaceted venture with components designed to enchantment to any gamer or blockchain fanatic. |

About ProximaX

Sirius by ProximaX is a next-generation blockchain with superior built-in options comparable to multi-layer multisig, validator rewards, quick finality, cross-chain swaps, and way more. With APIs and SDKs which can be programmable in a number of languages, Sirius guarantees ease of use and effectivity for all types of dApps. |

Su Y Ng
ProximaX Ltd
+61 423 752 008
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