We’re thrilled to announce our partnership with Northstake, joining their ETH Validator Marketplace as a trusted node operator. This collaboration represents a significant step forward in delivering secure, scalable, and compliant staking infrastructure for institutional clients.
The partnership brings together Northstake’s innovative staking model and Chorus One’s industry-leading validator infrastructure. Northstake’s ETH Validator Marketplace enables asset managers to trade ETH validator positions with top-tier market makers, including GSR, Nonco, DV Chain, and Keyrock. This approach provides a new layer of liquidity and flexibility for institutional staking—a key milestone for the $2.9 trillion staking market.
As a partner, we will power the marketplace with robust, reliable, and secure node infrastructure, enhancing the confidence of institutions in staking operations. Our expertise in Ethereum validator operations ensures reduced risk, including protection against slashing penalties, while providing clients with cutting-edge technology to support staking at scale.
Institutional staking requires more than just infrastructure—it demands compliance, reliability, and security. Together with Northstake, we are creating a foundation for regulated financial institutions to stake digital assets confidently, with the assurance of industry-best practices and safeguards.
Jesper Johansen, CEO & Founder of Northstake, shared his vision for the partnership:
“At Northstake, we are transforming how regulated financial institutions stake digital assets in a secure and compliant way. Partnering with Chorus One aligns perfectly with our goal of being the foundation for financial institutions as they incorporate staking into their products.”
Brian Fabian Crain, our CEO & Co-Founder, highlighted:
“Northstake’s ETH Validator Marketplace emerges as the leading staking solution for financial regulated institutions, who need access to liquidity and value regulatory compliance. We are excited to bring our expertise to this partnership, ensuring staking operations that meet the highest industry standards.”
With a proven track record of securing over $3.2 billion in staked assets across 60+ leading blockchain networks, Chorus One is proud to bring its expertise to support Northstake’s mission. We’re excited to embark on this transformative partnership journey! Learn more about Northstake: https://www.northstake.dk.
About Chorus One
Chorus One is one of the largest institutional staking providers globally, operating infrastructure for over 60 Proof-of-Stake (PoS) networks, including Ethereum, Cosmos, Solana, Avalanche, Near, and others. Since 2018, we have been at the forefront of the PoS industry, offering easy-to-use, enterprise-grade staking solutions, conducting industry-leading research, and investing in innovative protocols through Chorus One Ventures. As an ISO 27001 certified provider, Chorus One also offers slashing and double-signing insurance to its institutional clients. For more information, visit chorus.one or follow us on LinkedIn, X (formerly Twitter), and Telegram.
Since the Paris upgrade, staking has been introduced on Tezos. Staking and delegating are different activities. After the Quebec proposal goes live in January, the delegation rewards will drop to 33% of the staking rewards. In other words, in 2025, you can earn 3x more return on your Tez if you stake vs. delegate.
Below is a brief overview of the differences between staking and delegating.
We have prepared a short guide to help you switch from delegating to staking. The guide is based on the Kukai wallet, but you can use the wallet of your choice.
Getting started
If you haven't delegated to a Chorus One baker yet, click on “Delegating & Staking” in the right corner of the wallet interface. Look for Chorus One on the bakers’ list. You can use the search button in your browser to find it.
About Chorus One
Chorus One is one of the largest institutional staking providers globally, operating infrastructure for over 60 Proof-of-Stake (PoS) networks, including Ethereum, Cosmos, Solana, Avalanche, Near, and others. Since 2018, we have been at the forefront of the PoS industry, offering easy-to-use, enterprise-grade staking solutions, conducting industry-leading research, and investing in innovative protocols through Chorus One Ventures. As an ISO 27001 certified provider, Chorus One also offers slashing and double-signing insurance to its institutional clients. For more information, visit chorus.one or follow us on LinkedIn, X (formerly Twitter), and Telegram.
Chorus One Validator: tnam1qxsx2ezu89gx252kwwluqp7hadyp285tkczhaqg0or search for Chorus One on the Namada Staking page.
Recommended Wallet: Namada Keychain (Chrome or Firefox only)
Block Explorer: https://namada.info/
Unstaking Period: 14 days
Namada (NAM) is a proof of stake (PoS) layer-1 blockchain from the Anoma foundation designed to prioritize privacy in multi-asset transactions using zero-knowledge proof technology and focusing on interchain asset-agnostic data protection.
Built on the Tendermint consensus engine, it uses a mechanism called Zcash Sapling Protocol to enable shielded transfers, allowing users to transact privately while supporting interoperability with other blockchains.
Namada stands out for its native multi-asset support, meaning any asset from connected chains or created within Namada can benefit from its privacy features without needing custom contracts.
The platform also introduces an innovative feature called Privacy as a Public Good. It rewards users for using private transactions by allocating a portion of transaction fees and staking rewards to fund privacy-centric initiatives.
Namada aims to enhance privacy across the blockchain ecosystem, offering a solution that seamlessly integrates privacy with usability, making it accessible for both developers and end-users.
1. Install the Namada Keychain browser extension
To begin, you will need to Namada Keychain, which can be downloaded here:
Please note that currently the Namada Keychain is only supported on Chrome and Firefox.
If you already have the Namada Keychain installed, skip ahead to: How to stake
Example of the Namada Keychain webpage.
Next, set up your wallet by either creating a new wallet via a 12 or 24-word phrase from the Namada Keychain, or connect via Ledger which will require having already installed the Namada app from Ledger Live.
If you are creating a new wallet from the Namada Keychain directly, please be sure to store your 12 or 24-word phrase securely.
You will be prompted to enter some random words from your seed phrase to ensure you wrote it down correctly. Next, you will be prompted to set a password for your Namada Keychain.
Your seed phrase cannot be recovered if lost. Please be sure to write this down somewhere secure and never share it with anyone.
Anyone with access to your seed phrase will have access to your funds.
2. How to stake
Next, navigate to https://interface.namada.tududes.com/ to view the overview interface for Namada.
Example of the Namada overview interface.
You can search for Chorus One in the search bar or enter the Chorus One validator address to find the correct validator from the Staking interface.
tnam1qxsx2ezu89gx252kwwluqp7hadyp285tkczhaqg0Simply click on 'Stake' and you will be brought to the staking page.
Example of the Namada staking interface.
You may need to search for Chorus One again to find it from the list of available validators.
Example of staking 50 NAM to Chorus One.
Simply enter how much NAM you wish to stake with Chorus One and then complete the transaction in your Namada Keychain and sign the transaction.
You will be prompted to enter the password you set for your Namada Keychain wallet to finalize the transaction.
Once you have approved the transaction, you have successfully staked your NAM!
3. Increasing and managing your NAM stake
If you'd like to increase or manage your NAM stake, you can do so from the Namada Overview page or the Namada Staking page.
Enter the amount of NAM you would like to increase your stake by.
Follow the same steps as before to approve and finalize your staking transaction.
4. Unstaking your NAM
If you wish to unstake your NAM, this can be done from the Namada Staking page which will provide an overview of your staked balances and which validators you have delegated to.
Below is an example of how it may look for you.
Example of the Namada Staking interface.
To unstake, simply click on the 'Unstake' button and follow the prompts to approve and finalize the transaction, similar to the steps taken to stake your NAM originally.
When unstaking your NAM, please note that it will take 14 days to complete during which time your staked balance will not be earning staking rewards.
After this period has passed, your NAM will become liquid again and you can transact with it.
If you are an institutional investor looking to stake Namada (NAM) with Chorus One, please reach out to us via our staking request form.
About Chorus One
Chorus One is one of the largest institutional staking providers globally, operating infrastructure for over 60 Proof-of-Stake (PoS) networks, including Ethereum, Cosmos, Solana, Avalanche, Near, and others. Since 2018, we have been at the forefront of the PoS industry, offering easy-to-use, enterprise-grade staking solutions, conducting industry-leading research, and investing in innovative protocols through Chorus One Ventures. As an ISO 27001 certified provider, Chorus One also offers slashing and double-signing insurance to its institutional clients. For more information, visit chorus.one or follow us on LinkedIn, X (formerly Twitter), and Telegram.
Tezos governance has been very active lately. In June 2024, the Paris upgrade introduced important changes, including a new locked staking model and adaptive issuance that ties rewards to the ratio of staked XTZ.
Just a few months later, on November 24, 2024, another significant governance milestone was achieved with the approval of the Quebec proposal during Proposal Period 135. Quebec is anticipated to go live on Tezos in early 2025.
Two proposals were up for consideration:
Both proposals built upon the Paris changes but had no differences in approach besides in the adaptive issuance schedule. Ultimately, Quebec won with 187 million votes to 104 million, with a 33% participation rate among bakers.
Lower Block Times
Reducing block times from 10 seconds to 8 seconds will enhance performance and improve UX by offering faster finality.
Increased Delegation Limit
Bakers can now accept delegations up to 9x their stake, up from 5x. This benefits bakers, allowing them to earn higher rewards by accommodating more delegated stake.
Reduction in Voting Power for Delegators
Paris introduced locked staking, incentivizing users to stake rather than delegate their XTZ, and reducing delegated voting power by 50%. Quebec takes this further, reducing the voting weight of delegated XTZ to 33% of staked XTZ.
This adjustment encourages delegators to transition to staking for full voting power and rewards.
If you're currently delegating your XTZ to a Chorus One baker, visit this website to learn how to start staking and maximize your rewards!
Adaptive Issuance
Quebec implements a more aggressive reduction in baking rewards to address sell pressure on XTZ. Under Quebec, if 50% of XTZ is staked, the yield is reduced to 1%, compared to 3% in the Q3NA proposal, as depicted on the graph below.
Some validators and community members raised valid concerns:
While these concerns are noteworthy, the focus remains on the network's long-term health, and the community has clearly shown its preferred choice.
Despite some reservations about the steep reduction in issuance, Chorus One and other supporters voted for Quebec. This decision reflects confidence in the Tezos Foundation’s long-term vision and its alignment with the ecosystem's core contributors.
If you're currently delegating your XTZ to a Chorus One baker, visit our guide to learn how to start staking and maximize your rewards!
About Chorus One
Chorus One is one of the largest institutional staking providers globally, operating infrastructure for over 60 Proof-of-Stake (PoS) networks, including Ethereum, Cosmos, Solana, Avalanche, Near, and others. Since 2018, we have been at the forefront of the PoS industry, offering easy-to-use, enterprise-grade staking solutions, conducting industry-leading research, and investing in innovative protocols through Chorus One Ventures. As an ISO 27001 certified provider, Chorus One also offers slashing and double-signing insurance to its institutional clients. For more information, visit chorus.one or follow us on LinkedIn, X (formerly Twitter), and Telegram.
