Fluence, a major company specializing in the provision of decentralized infrastructure, unveiled a new staking plan on Friday based on delegated staking. This development deviates from staking practices that mainly benefit hardware suppliers.
With Fluence's FLT as the native token, all users can also become validators and delegate their stakes to compute providers to earn rewards. This model is intended to increase community participation and improve the security of the network as a whole.
This staking model was unveiled during @depinday event by Fluence co-founder @TheTomTrow. It is a major achievement in Fluence's expedition to build new value within the decentralized computing industry, especially considering its community-centered approach.
Unlike most cloud computing models that rely on multiple centralized data centers, Fluence employs a decentralized network of data centers. This structure is designed to mitigate risks of single points of failure, to enhance security measures and avoid data lock-in and censorship problems that are inherent to the classical model.
By decentralizing the infrastructure, Fluence also claims to offer better stability and efficiency in many use cases, ranging from blockchain nodes to machine learning models.
Fluence has also implemented USD-anchored rewards and staking quantities for economic motivations to balance earnings and investment risks for participants. Particularly, the rewards are fixed at $10 per month per CPU core, with staking thresholds at $200 per core. The given model of price setting is aimed at protecting the providers from the fluctuation that characterizes the cryptocurrency trade, along with guaranteeing a stable cash inflow.
To ensure that they support all their stakeholders, Fluence has collaborated with Parasail where they will offer liquid staking as well as staking pool services. These measures are intended to reduce entry costs for potential stakers so that people and small businesses can afford to enter the staking economy.
Fluence's Infrastructure is based on the Arbitrum Orbit and is governed by the Gelato Network, which provides a scaleable and reliable architecture for decentralized compute tasks. The firm has also worked with other prominent data centers such as PiKNik, Nebula, and Kabat to strengthen and optimize the performance of its network.