EOS CPU and Net delegation is live!
After the go-live of our STEEM delegation market last month, we are proud to announce that delegationhub.com is the first platform to introduce EOS CPU and Net delegation in the market!
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EOS delegation (staking)
The EOS utility token is the latest Delegated Proof of Stake (DPOS) cryptocurrency developed by Dan Larimer and block.one and is considered to be the first blockchain to allow for commercial usage. After the successful go-live of EOS in June 2018, we see the first dApps emerging and providing real world usage to users worldwide. Delegationhub.com aims to connect the different stakeholders of the EOS ecosystem and thereby enable growth of the community.
Delegation / staking mechanism: The EOS DPOS algorithm allows you to delegate (stake) your EOS tokens to a 2nd party while maintaining full control and ownership of your tokens. The unstaking period is 3 days (incorporated in the blockchain).
Scatter integration: We have decided to use Scatter as the interaction layer to our platform. Full control remains with you.
Database approach: In order to accommodate for the frequent changes in this infancy stage of the EOS platform, we have decided to use a traditional database approach to facilitate the delegation market. This will provide the highest stability and therefore, highest user benefit which is most relevant for us. As the EOS platform matures, we will continuously reevaluate the technical implementation approach, also considering facilitation via smart contract.
Delegation services by delegationhub.com
Our EOS delegation market offers you two products as of now. Delegation Hub is a fully self-funded community initiative so we are relying on a marginal fee to cover our operational cost and support further platform development.
CPU delegation
The Central Processing Unit (CPU) carries out the instructions of a computer program by performing the basic arithmetic, logical, control operations
Delegated (staked) EOS tokens represent a proportional share in the overall CPU available of the network
Fee structure: Delegatee: 0%, Delegator: 2%Net bandwidth delegation
Net bandwidth is the amount of data that can be transmitted in a fixed amount of time
Delegated (staked) EOS tokens represent a proportional share in the overall net bandwidth available of the network
Fee structure: Delegatee: 0%, Delegator: 2%
Outlook
As the EOS platform is in its infancy stage we are monitoring the development closely. Necessary adaptions will be made with the goal to maximize your Delegation Hub experience. Please stay tuned.
About Delegationhub.com
Delegationhub.com is striving to become the leading delegation marketplace for selected Delegated Proof of Stake (DPOS) utility tokens such as STEEM and EOS. The Delegation Hub aims to connect different stakeholders of the STEEM and EOS ecosystems and thereby foster the growth and strength of communities and help them succeed. Delegation Hub is an independent initiative not associated with any block producer and self-funded.
Please get in contact with us via the channels provided below and visit delegationhub.com.
Medium: @delegationhub
Twitter: @delegationhub
email: [email protected]