The Graph (GRT) is a decentralized indexing protocol for querying networks like Ethereum and IPFS. The protocol lets anyone make blockchain data easily accessible by building and publishing public APIs called subgraphs.
The Graph has decided to move the protocol to Arbitrum since bringing the protocol smart contracts onto a Layer 2 network allows for gas savings (up to 26x), faster transactions and still being able to ultimately rely on the security inherited from Ethereum.
For example, Indexers could open and close allocations to index a greater number of subgraphs with higher frequency, developers could deploy and update subgraphs with greater ease, delegators could delegate $GRT with increased frequency, and curators could add or remove signal to a larger number of subgraphs - all actions previously considered too cost-prohibitive to perform frequently due to gas.
You can delegate anytime over the next few weeks.
Currently, the reward share is 50% on Ethereum and 50% on Arbitrum.
Rest assured that your funds will be completely safe after the migration, and any unclaimed rewards will also move to Arbitrum, once you have moved your delegation.
4. You will then be taken to the following page. Here, Click on ‘Transfer Delegation’.
5. The Receiving Arbitrum One Wallet Address will already contain the same address as your current Ethereum wallet.
6. For your convenience, consider sending a small amount of ETH to this wallet address through the official Arbitrum bridge at https://bridge.arbitrum.io if you lack ETH to cover gas expenses. As an optional precaution, you can perform any transaction with the wallet to verify your control over it.
7. Then, click on the ‘Transfer delegation’ button. Your transfer will be initiated.
8. You will then see a countdown appear. Once the countdown reaches Zero, the migration will be completed, and your delegations will have moved to Arbitrum!
Note - Going forward, you will still be able to manage your delegations from this portal. Just make sure you're on the correct network, "Arbitrum One".
Here’s a walkthrough guide by The Graph Foundation to help you with the migration.
Additionally, if you have any questions, we are happy to answer them on our telegram channel at https://t.me/chorusone
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.
Ensuring the security of our customers' assets and information has always been our foremost priority at Chorus One. Today, we are excited to announce a significant milestone in our ongoing commitment to establishing world-class security measures for our customers: the attainment of the ISO 27001:2022 certification.
The ISO 27001 certification is a globally recognized standard designed to safeguard critical information assets, including employee and customer data. More precisely, ISO 27001 outlines specific requirements for the creation, maintenance, and continual improvement of an Information Security Management System (ISMS).
As a customer, when you entrust a third party like Chorus One with your data, it's imperative that they are not only certified but also compliant with the ISO 27001 standard. This certification ensures that the provider's processes and data controls undergo regular and independent audits, providing you with the highest level of assurance that your information will remain safeguarded.
Given the escalating prevalence of cybercrime and the constant emergence of new threats in the industry, managing cyber-risks can appear daunting. By prioritizing information security and business continuity, we aim to offer our users the peace of mind that their investments are secure, even in the face of adversity. With this certification, we're better prepared than ever to offer our customers the safest way to earn returns on digital assets through simplified staking.
"Attaining the ISO 27001 Certification represents a significant milestone in Chorus One's commitment to building trust with our partners. It offers the highest assurance that our staking infrastructure, operations, and systems adhere to world-class security standards. While not a mandatory requirement, we have chosen to obtain this certification as a testament to how seriously we take the security of our customers." - Brian Fabian Crain, CEO, Chorus One
To gain a more comprehensive understanding of Chorus One's security framework and practices, visit our dedicated security page.
If you'd like to learn more about how we provide the safest and easiest means to maximize yields on your assets, don't hesitate to reach out to us at staking@chorus.one.
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.
We are excited to announce our partnership as Mainnet Alpha operators with Obol Network!
In April of this year, the Obol Network achieved a significant milestone with the launch of its Alpha phase, which witnessed the deployment of the first Mainnet Distributed Validators (DV) by the staking community. The foundation for this initiative was laid by the core team in December 2022 when they deployed the very first Mainnet DV. Since then, more than 45 organizations have joined in, running Distributed Validators on the Ethereum Mainnet in either solo or multi-org clusters.
In a nutshell, Obol Network is an ecosystem designed for trust-minimized staking, enabling anyone to create, test, operate, and coordinate distributed validators, with a primary focus on Ethereum staking solutions.
Presently, there is no way to operate validators in a high-availability environment without introducing the risk of slashing. Each validator operates as a single entity with its private key, and the high barriers to entry for running validators can naturally lead to stake centralization within the ecosystem.
This is where Obol steps in.
The Obol Labs takes the lead in addressing these challenges, particularly working to address stake centralization by improving the scalability and resiliency of Ethereum consensus. Obol has developed Distributed Validator Technology (DVT) to enable multiple nodes to function collectively as a single validator on Ethereum. Through Obol’s distributed validator client, ‘Charon’, multiple nodes work together by combining their partial signatures into a full signature for the distributed validator and coming to consensus.
DVT ensures fault tolerance as long as a specific threshold of active nodes is met (e.g., 3 out of 4, 5 out of 7, 7 out of 10, etc.). This approach enhances security, offers near-perfect performance, and eliminates the vulnerability of a single point of failure in validator nodes by distributing responsibilities across multiple nodes. Additionally, each node within a DV cluster can be run by different individuals or groups, thereby improving byzantine fault tolerance. As a result, DVs strengthen resilience while reducing security risks. In addition, this approach also reduces the risk of stake centralization by lowering entry barriers, enabling a broader participation in running validators effectively.
As we approach the full Ethereum mainnet deployment of Obol, Chorus One, alongside other players, have launched an Obol DV on Mainnet in their Alpha Phase. We are also continuing to test DVs on the Görli testnet to ensure support for varying node counts and the expansion of clusters to accommodate a growing number of validators. Within this comprehensive evaluation, we are closely examining crucial metrics such as the efficiency of validator duties, occurrences of missed duties, and inclusion distances, among other vital aspects, including the potential impact of MEV-boost on these configurations.
Our shared dedication to gathering this essential data is geared towards empowering stakeholders to confidently deploy distributed validators on the Ethereum mainnet. Furthermore, through our collaborative efforts, we aim to cultivate a deeper appreciation for the significance of DVT within the broader ecosystem. Together, we are committed to spearheading the adoption of decentralized staking, propelling Ethereum staking to new heights and ensuring it's more efficient, secure, and scalable than ever before.
About Chorus One
Chorus One is one of the biggest institutional staking providers globally operating infrastructure for 40+ 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.
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.
The conventional process of staking entails a series of transactions, which becomes increasingly cumbersome as the amount of stake grows. Institutions have long sought a more straightforward method for engaging in staking without the complexity of multiple signatures. Enter our new feature, which enables institutions and investors to stake up to 8000 ETH in a single, seamless transaction. This approach transforms staking on OPUS, Chorus One's multi-chain staking solution that caters to both institutions and individual investors, into a simple one-click process, streamlining the experience and reducing staking limits.
In the upcoming months, we aim to further enhance this capability, allowing customers to stake more in a single transaction than what the industry typically offers.
In addition to this streamlined process, complemented by OPUS's user-friendly staking interface, staking through Chorus One's OPUS offers a range of distinct advantages:
Staking ETH on OPUS is made easy through two methods:
Here's a brief demo to guide you through the process of staking with OPUS:
To learn more, or get started with staking with Chorus One, reach out to us at staking@chorus.one.
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.
