December 2020 RockX Bi-Weekly Report

RockX
3 min readDec 17, 2020

RockX always aspires to be the best Staking-as-a-service(SaaS) provider and enables digital asset holders to have a better ROI and reliable options to stake their digital assets. To make investors and RockX a success in this competitive market, RockX sticks to the latest news and industry trends tirelessly. Hence we decided to release regular updates, which provides more insight into how RockX works in this fast-paced SaaS in terms of both technical or non-technical.

We also want to make this series concise and up-to-date, so it will be bi-weekly updates in the first batch, please let us know your thoughts and we’d love to hear from you!

So far RockX hosts Polkadot, Kusama, Oasis, Terra, and Aion in mainnet, and there are quite a few in the pipeline, e.g. Solana and ETH2.0. RockX is an early adopter to the latest and popular PoS staking networks and we grow up with the prosperous community, for more details and updates, always visit our website.

New opportunity: ETH2.0

There is no doubt that ETH2.0 is in the spotlight recently and everyone is talking about it, you could have heard about some questions like:

  • How to stake in ETH2.0?
  • What’s the interest rate to stake ETH2.0?
  • How to stake if I have more/less than 32 ETH?
  • And so on so forth …

Market popularity tells us all, at the time of writing, there are 32,227 active validators locked since the launch date on 1st Dec 2020 and 12,797 validators waiting for activation, it will take weeks for all of them to be activated.

RockX is working on ETH2.0 staking and we want to ensure everything is ready before releasing it to market because ETH2.0 staking is not yet user-friendly and it forces token holders to lock their 32 ETH for 1–2 years, which incur an opportunity cost in this volatile market. Stay tuned for any update from RockX on ETH2.0!

Operation Updates

Oasis Mainnet launch

The Oasis Network is live! Refer to this link for details. This upgrade, which took place at 4pm UTC on November 18th, kicked off the network staking reward schedule.

If you are ROSE token holders, why not stake it on RockX? If you have your tokens store in your Ledger device securely, it is also a good chance to try out RockX wallet for Oasis, which is an easy-to-use web wallet that allows you to stake your Rose token in Oasis.

As an early partner and validator of Oasis network, RockX provides full support to Oasis ecosystem, including staking validator and tools, for details, please visit this link.

Sunset IoTex Validator

It’s always a hard decision to decommission a validator node as we worked day and night to maintain the service for such a long time as well as the delegators who trust us. But we have to stop it after a few rounds of serious and thorough reviews, because it’s been quite some time since we’ve been removed from the IoTex Consensus nodes due to not enough delegated IoTex tokens.

DO unstake from RockX node as soon as possible if you have active staking with us, and contact us to claim your rewards, we apologize for doing so but you can always re-stake to other validators without waiting.

Rest assured that RockX still follows up IoTex closely, and ready to restart staking if it meets certain criteria.

Polkadot Council Committee

RockX believes Polkadot is bringing innovation and practicality into blockchain industry and actively work in Polkadot ecosystem. All DOT token holders are welcome to nominate us and earn staking rewards up to 13%.

In the meantime, RockX is running for a seat in the Polkadot council to be part of the governance committee, please vote for us! We’re in the runners up group with more than 1 million votes now, to vote, please visit this site.

Thank you for reading this post and hope you have some idea about RockX SaaS and the PoS world, follow us to get more information!

Website: www.rockx.com

Twitter: www.twitter.com/rockx_official

Telegram: t.me/rockxenglish

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RockX

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