For Chorus One, 2023 was the year of OPUS, our novel multi-chain staking solution.
Following months of dedicated development aimed at simplifying staking for investors, we proudly unveiled our flagship product, OPUS, at the wake of this year.
As the year unfolded, our commitment to perfecting OPUS remained steadfast. We fine-tuned various details, actively sought and incorporated customer feedback, and focused on continuous improvement to ensure that staking is as seamless and stress-free as possible. Below, we share the major highlights from OPUS's journey in 2023.
Dive in!
OPUS is the simplest staking solution for investors and institutions.
Resources:
All you need to know about OPUS: https://docsend.com/view/rye2auvy87hcx8vy
Start staking on OPUS: https://opus.chorus.one/portal/login
Learn more: https://chorus.one/staking-api-opus
When it comes to staking ETH, a recurring challenge arises - the requirement to sign multiple transitions for substantial deposits. This complexity has been especially a persistent hurdle in the path of institutional stakers. To combat this, we’ve devised a solution that streamlines institutional staking: the ability to seamlessly stake 8000ETH , or 250 validators in a SINGLE transaction.
Full details: https://chorus.one/articles/stake-8000eth-in-one-go-with-chorus-one
We launched our liquid staking pool on Stakewise V3, enabling individuals to stake any amount of ETH and benefit from Chorus One’s enterprise-grade staking infrastructure and industry-leading MEV yields!
Additionally, staking on Chorus One’s pool enables users to unstake at any time, or utilize their staked ETH capital throughout DeFi.
You can start staking on our vault here.
To learn more, check out the following resources:
4. We launched the first-ever ‘Bridge & Stake’ solution for DYDX
In tandem with our support for dYdX Chain, we also launched the first ‘Bridge and Stake’ solution for DYDX - enabling users to bridge and stake their tokens from Ethereum to Cosmos in one, single, seamless move.
Full details: https://chorus.one/articles/how-to-bridge-your-dydx-tokens-from-ethereum-to-cosmos
Bridge and Stake your DYDX here: https://opus.chorus.one/portal/dydx
Next, we review the substantial product updates implemented in 2023, driven by customer requests and feedback.
The OPUS dashboard makes it incredibly easy for you to access comprehensive details about your staking rewards, including separate reports that highlight your Execution level, Consensus level, and MEV rewards individually.
In fact, Chorus One stands out as the only node operator equipped with an in-house quant team exclusively focusing on MEV and exploring the intricacies of MEV extraction through evidence-based research. We consistently fine-tune our infrastructure, ensuring seamless integration with the Ethereum MEV pipeline.
Resources:
A sneak peek at validator side MEV optimization
MEV Matters: Decoding Chorus One’s winning MEV strategy
Hedging LP positions by staking
Exploring MEV implications and Cross-Domain dynamics on dYdX v4
Visit our MEV page to learn more: https://chorus.one/mev-maximum-extractable-value
As a user, you can get a comprehensive 360-degree perspective of your ETH stake position on the OPUS dashboard. Instantaneously view your total stake, all-time rewards earned, and validator performance within seconds.
OPUS offers customers a seamless, non-custodial experience for staking, earning rewards, rewards reporting, and unstaking. Our most recent product update from November makes the process of unstaking ETH as smooth as possible.
The OPUS dashboard gives you the freedom to personalize your withdrawal address with the wallet you prefer. Unlike conventional staking platforms, where your connected wallet automatically serves as your withdrawal address, OPUS allows you to set your own preferred withdrawal address.
The OPUS dashboard provides step-by-step guidance throughout the staking process, making it easier for you as the user to grasp and navigate the entire staking journey.
By 2024, OPUS customers will receive periodic automated rewards that will be adjusted for fees on-chain. Say goodbye to manual invoicing!
If you’d like to learn more about OPUS, speak with our team, or start staking with us, please reach out at staking@chorus.one. We look forward to hearing from you.
About Chorus One
Chorus One is one of the biggest institutional staking providers globally operating infrastructure for 45+ Proof-of-Stake networks including Ethereum, Cosmos, Solana, Avalanche, and Near amongst others. Since 2018, we have been at the forefront of the PoS industry and now offer easy enterprise-grade staking solutions, industry-leading research, and also invest in some of the most cutting-edge protocols through Chorus Ventures.
