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Stake APT with Luganodes — Aptos Nodes are Officially Live
Empowering Aptos Network's Growth and Security
Published on20 Apr, 2023
Today, we are beyond excited to announce that Aptos Nodes are live on Luganodes. Being the world’s fastest-growing non-custodial staking service provider, Luganodes is committed to partnering with future-proof PoS networks to secure blockchain transactions. Aptos is our very proud addition to the line of mainnet partners.
From 20th April 2023 and onwards, users can now stake their APT tokens with Luganodes to earn APT token rewards. It is worth noting that Aptos has recently implemented AIP-17, where users can experience a 100x improvement in execution gas usage, with 90% of transactions undergoing at least a 10x advancement.
Aptos is a layer 1 blockchain built with the Move programming language. It promises users increased scalability, reliability, security, and usability, with low transaction costs. The Aptos blockchain was launched on October 17, 2022, with the mainnet called “Aptos Autumn.” Since then, it has been gaining massive attention because of the star-studded founder team.
Aptos was founded by a former Meta’s (Facebook) Web3 project ‘Diem’ team headed by Mo Shaikh who now serves as Aptos’ CEO and Avery Ching who at present is its CTO. It uses the programming language originally created for Diem, with a focus on creating a scalable, fast blockchain and additional features that make the crypto more accessible to average users.
APT is the native cryptocurrency of the Aptos blockchain. It is used for transaction fees, staking, and participating in governance decisions. Moreover, it provides users with a rich set of on-chain properties, which are easily customised and defined by users, and can be stored on the blockchain allowing users to have full control over their tokens. In this way, it may be possible to eliminate the requirement for additional metadata to be stored off-chain in the future.
In addition to reducing resource use and overhead, the Aptos token standard also allows for tokens to reuse some of the on-chain metadata that is associated with certain fungible tokens, which results in cheaper resource costs when creating large amounts of NFTs.
It is the team’s goal to ensure that the APT token is interoperable between the various components of the Aptos ecosystem by using a standard implementation that enhances interoperability and compatibility.
Luganodes is an AAA rated non-custodial staking service provider in the industry. Users can entrust the APT tokens with us to validate transactions and earn token rewards in APT. Our infrastructure is designed to ensure high efficiency in staking operations. Check out our all-star features down below.
Thank you for considering Luganodes as your official staking provider for Aptos. We look forward to working with you to support the continued growth and decentralisation of the Aptos network.
If you hold the APT token, you can enhance your portfolio by staking to earn rewards. Leverage Luganodes' institutional-grade infrastructure to stake your holdings and create a passive income. Staking with us ensures ease of use, support, and safety while you earn, and also contribute to the security of the APTOS chain.
Luganodes is a world-class, Swiss-operated, non-custodial blockchain infrastructure provider that has rapidly gained recognition in the industry for offering institutional-grade services. It was born out of the Lugano Plan B Program, an initiative driven by Tether and the City of Lugano. Luganodes maintains an exceptional 99.9% uptime with round-the-clock monitoring by SRE experts. With support for 36+ PoS networks, it ranks among the top validators on Polygon, Polkadot, Sui, and Tron. Luganodes prioritizes security and compliance, holding the distinction of being one of the first staking providers to adhere to all SOC 2 Type II, GDPR, and ISO 27001 standards as well as offering Chainproof insurance to institutional clients.
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