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What You Need to Know about Shiden (SDN) in 2022

SINGAPORE, Mar 31, 2022 - (ACN Newswire via SEAPRWire.com) - 2021 was a huge year for the cryptocurrency market, with huge strides in growth and adoption of digital assets, NFTs, and blockchain worldwide. It was also an incredible year for Moonstake as we rose to the top rankings of global staking providers, reaching a total staking assets of $1.8 billion thanks to the support of our users and partners worldwide. As we begin the new year 2022, Moonstake as well as our strategic coin partners have many exciting news and programs in store for you as our platforms scale and evolve. To welcome our user community into the exciting new year, we're creating a series of articles on what you need to know about our partner coins in the year 2022, this time with Shiden.Shiden is the latest supported coin by Moonstake via strategic partnership with Astar Network, the sister network whose code base is used to build Shiden. Since November 2021, we support both native staking of SDN with Moonstake staking pool as well as staking with the Shiden DApp store with 25+ innovative applications, bringing users a robust variety of opportunities for global crypto users to earn with Shiden Network with the best user experience. Moonstake is proud to be amongst the world's first group of validators for Shiden Network.Shiden Network was launched in August 2021 as a sister network to Astar Network, functioning as a smart contract layer to enable advanced blockchain applications like DeFi, NFTs and more. Since launch, Shiden has been hosting a Builders Program with Astar to incentivize teams to develop great applications on the network. The team also organized an Ambassador Program to promote awareness and adoption of the network, as well as launching the Shiden DApp Store which currently has 25+ staking DApps listed, including Moonstake.In 2022, Shiden as the canary network of Astar will be focusing on developing and expanding its ecosystem in the fields of cross-chain token swapping, DApp staking, EVM tooling, and general network functionality, governance, and performance. On top of this, the network is also looking to incubate and promote the development of breakthrough applications and NFT projects, especially through its Astar & Shiden Builders Grant Program.Moonstake is proud to be strategic partners of Shideen Network. We will continue to maintain strong support for the ever growing and developing Shiden ecosystem and hope to bring even more great value to SDN and crypto users worldwide in 2022 to help accelerate adoption of the Shiden and Moonstake ecosystems together.About MoonstakeAs a world-leading staking service provider, Moonstake develops and operates decentralized wallet services for enterprises and end users.Our full-scale staking business started in August 2020. With the support of users all over the world, our total staking assets has risen to 1.8 billion dollars. In June 2021, we ranked third among 15,000 staking providers globally.So far, we have expanded our business and ecosystem through about 30 strategic partnerships, including major blockchains such as Emurgo which is a constituent organization of Cardano, TRON, and NEO. In May 2021, we became a wholly owned subsidiary of the listed company "OIO Holdings Limited" on the Singapore Stock Exchange and we are working to further expand Moonstake's business and improve our credibility. https://www.moonstake.io/ About ShidenBuilding the premier multi-chain smart contract platform on Kusama Network. Shiden Network is a multi-chain decentralized application layer on Kusama Network. Kusama Relaychain does not support smart contract functionality by design. Kusama Network needs a smart contract layer. This is where Shiden Network comes in. Shiden supports Ethereum Virtual Machine, WebAssembly, and Layer2 solutions from day one. The platform supports various applications like DeFi, NFTs, and more. https://shiden.astar.network/ About AstarAstar Network is a dApps hub on Polkadot that supports Ethereum and layer 2 solutions like ZK Rollups. Plasm aims to be a multi-chain smart contract platform that will support multiple blockchains and virtual machines like EVM and WASM. https://astar.network/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Moonstake Receives Grant from Astar & Shiden Builders Program

SINGAPORE, Mar 9, 2022 – (ACN Newswire) – Moonstake is proud to announce we’ve successfully secured a grant from the Astar & Shiden Builders Program, designed to accelerate the growth of Astar and Shiden networks by supporting DApp builders to join and scale along with the platforms. With this program, Shiden Network encourages developers to deploy dApp Staking Contracts on Shiden for the purpose of researching to develop a mechanism pool for SDN users so that developers can set up crowd-funded validators. Additionally, Shiden users will be able to lock their SDN for a fixed period of time and they will receive SDN as well as rewards after the fixed term has matured. Astar & Shiden Builders Program aim to leverage the experience and technology of these two Substrate-based networks to help mentor, guide, and eventually, scale DApp builders looking to join and grow on Astar and Shiden networks. Proposals to the grant are evaluated on the technical design of the project, the overall quality of the team and its community, and more. Moonstake is thrilled to join the Builders Program of Astar & Shiden as a world-leading staking provider that supports SDN staking and also Shiden DApp Staking natively. Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, it has developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake’s total staking assets have grown rapidly to reach $1.5 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Currently, Moonstake supports 14 high-demand staking coins, 2 high-demand NFT standards ERC-721 and Cardano. We are currently working with Muse Finance to enter the DeFi market, and have been strategic partners with Astar Network since February 2021 to expand the Polkadot ecosystem and explore further collaborative development opportunities in DeFi. All of Moonstake’s efforts and outcomes have solidified Moonstake’s position and reputation as a service provider for both end users and businesses, rightfully securing us a grant from the Astar & Shiden Builders Program. Founder of Moonstake, Mitsuru Tezuka, comments: “Moonstake is very excited to have received this grant from the Astar & Shiden Builders Program. As a world-leading staking provider and amongst the world’s first group of validators for Shiden Network, we hope to be able to bring even more value to our ecosystem users as well as the users of Shiden Network with the grant and support of the Astar and Shiden teams.” Moonstake is thrilled to help drive the growth of the Shiden ecosystem as a validator and deliver more value to global crypto user communities. About Moonstake Moonstake is the world’s leading staking service provider that develops and operates decentralized wallet services for businesses and individuals. Since its launch in April 2020, Moonstake has partnered with 28 leading platform providers, including Cardano’s constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange. Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. About Moonstake’s staking business For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 16 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year. https://www.moonstake.io/ About Shiden Building the premier multi-chain smart contract platform on Kusama Network. Shiden Network is a multi-chain decentralized application layer on Kusama Network. Kusama Relaychain does not support smart contract functionality by design. Kusama Network needs a smart contract layer. This is where Shiden Network comes in. Shiden supports Ethereum Virtual Machine, WebAssembly, and Layer2 solutions from day one. The platform supports various applications like DeFi, NFTs, and more. https://shiden.astar.network/ About Astar Astar Network is a dApps hub on Polkadot that supports Ethereum and layer 2 solutions like ZK Rollups. Astar aims to be a multi-chain smart contract platform that will support multiple blockchains and virtual machines like EVM and WASM. https://astar.network/

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Moonstake Wallet Supports Shiden DApp Staking Natively

SINGAPORE, Dec 14, 2021 - (ACN Newswire via SEAPRWire.com) - Moonstake is happy to deliver more good news to our Shiden users: Shiden DApp Staking is now supported natively on Moonstake Wallet. You can now earn reward from staking Shiden network's SDN token to Shiden Network DApps right via the Moonstake Wallet interface with the newly launched "DApp Store" feature for Shiden!This is an additional option to earn from your SDN assets on top of staking with Moonstake, as you can stake with multiple Shiden DApps at once. Hold, send, receive, and stake SDN in various pools to receive rewards with the best user experience through one single click. Moonstake is proud to be amongst the world's first group of validators for Shiden Network. Moonstake started the staking business last year with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Since March this year, Moonstake has also entered DeFi together with the newly launched DeFi platform, Muse.Finance, who has begun releasing its core DeFi products which are all scheduled to be integrated into Moonstake platform to enable advanced DeFi connectivity for our global users.The Shiden Network is built using almost the same code base as Astar Network (formerly Plasm), a public blockchain originating in Japan, and connects to the Kusama Network, an experimental network that is one-tenth the scale of the Polkadot Network. Since the Kusama Relaychain does not support smart contract functionality by design, it needs a smart contract layer which is where Shiden Network comes in. On top of this, Shiden also supports various advanced blockchain applications like DeFi, NFTs and more.Since February 2021, Moonstake has been strategic partners with Plasm, now known as Astar Network, working together to expand the Polkadot staking and DeFi ecosystems. Just recently, we integrated support for staking of Shiden Network's SDN, Astar's sister network, as the important next step of our collaboration and plan to penetrate the DeFi market. And now with the integration of Shiden DApp Staking, we are offering a robust variety of opportunities for global crypto users to earn with Shiden Network with the best user experience.How to use Shiden DApp Staking feature on Moonstake Wallet1. Register your Moonstake Wallet via Web or mobile (iOS / Android)2. From "Wallets", click on "Shiden Network" then "DApp Store"3. Find the Shiden DApp you'd like to stake in, then click "Add".4. Enter the amount to stake then click "Continue". Enter your wallet password to confirm the stake.Information to note about SDN staking- The minimum staking amount is 50 SDN.- Currently, each DApp can have a maximum of 512 nominators. You won't be able to stake with any DApp who has the number 512 in their "Stakers" section.How to get rewards of SDN staking:The annual reward (APY) for SDN is dependent on Shiden and its DApp Store. You can claim your SDN rewards once every ERA, which is a period of time that is approximately 24 hours. The claim needs to be done within 15 days or the unclaimed rewards go to the treasury. A claim can be made by the contract owner or any staker in the DApp. One claim will be for everyone, so it doesn't have to be you. If the DApp owner or anyone else from the staking pool press "Claim", you will also get your ERA rewards.How SDN unstaking works:If token holders want to send an asset that is currently staked, they will need to unstake it first. There is no lock period for unstaking SDN.To learn about how to stake SDN with Moonstake instead of Shiden DApps, check our previous guide on SDN staking.( https://moonstake.io/moonstake-wallet-now-supports-staking-of-shiden-sdn/ ) Moonstake is proud to be amongst the world's first group of validators and we're pleased to help accelerate global adoption of Shiden staking and DApps with this new integration.About MoonstakeMoonstake is the world's leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano's constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. https://www.moonstake.io/About Moonstake's staking businessFor the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 12 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year.About ShidenBuilding the premier multi-chain smart contract platform on Kusama Network. Shiden Network is a multi-chain decentralized application layer on Kusama Network. Kusama Relaychain does not support smart contract functionality by design. Kusama Network needs a smart contract layer. This is where Shiden Network comes in. Shiden supports Ethereum Virtual Machine, WebAssembly, and Layer2 solutions from day one. The platform supports various applications like DeFi, NFTs, and more. https://shiden.astar.network/ About AstarAstar Network is a dApps hub on Polkadot that supports Ethereum and layer 2 solutions like ZK Rollups. Plasm aims to be a multi-chain smart contract platform that will support multiple blockchains and virtual machines like EVM and WASM. https://astar.network/ Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Moonstake Wallet Now Supports Staking of Shiden (SDN)

SINGAPORE, Nov 26, 2021 - (ACN Newswire via SEAPRWire.com) - Moonstake is pleased to announce that our users can now earn interest from staking Shiden network's SDN token on both the Web and Mobile Wallets! Hold, send, receive, and stake SDN to receive rewards with the best user experience through one single click. In fact, Moonstake is amongst the world's first group of validators for Shiden Network. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, IOST, and TRON, Shiden became the 14th staking coin available on Moonstake.Moonstake started the staking business last year with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Since March this year, Moonstake has also entered DeFi together with the newly launched DeFi platform, Muse.Finance, who has begun releasing its core DeFi products which are all scheduled to be integrated into Moonstake platform to enable advanced DeFi connectivity for our global users.The Shiden Network is built using almost the same code base as Astar Network (formerly Plasm), a public blockchain originating in Japan, and connects to the Kusama Network, an experimental network that is one-tenth the scale of the Polkadot Network. Since the Kusama Relaychain does not support smart contract functionality by design, it needs a smart contract layer which is where Shiden Network comes in. On top of this, Shiden also supports various advanced blockchain applications like DeFi, NFTs and more.In February 2021, Moonstake entered a strategic partnership with Plasm, now known as Astar Network, to expand the Polkadot ecosystem and explore further collaborative development opportunities in DeFi. As such, the integration of Shiden, Astar's sister network, is the fundamental next step of our collaboration and an important part of our plan to penetrate the DeFi market. Our teams are working hard together to enable the "DApp Store '' feature on Moonstake Wallets for users to enjoy staking to earn with other Shiden DApps on the wallet interface, please stay tuned! The current list of Shiden DApp Staking can be found here: https://portal.astar.network/#/store/discover-dappsHow to stake SDN on Moonstake WalletHere's a simple 3-step process to stake SDN with Moonstake Wallet:1. Register your Moonstake Wallet via Web or mobile (iOS / Android)2. Select SDN from the "Wallets" screen and click the "Add Asset" button.3. Access the SDN screen to check your staking information. From the Staking tab, click the "Stake" button and enter your wallet password to complete staking.How SDN staking works- Hold SDN Token, 100 SDN minimum staking amount.- Agree to lock in and stake SDN- Currently, each DApp can have a maximum of 512 nominators.How to get rewards of SDN staking:The annual reward (APY) for SDN is dependent on Shiden and its DApp Store. You can claim your SDN rewards once every ERA, which is a period of time that is approximately 24 hours. The claim needs to be done within 15 days or the unclaimed rewards go to the treasury. A claim can be made by the contract owner or any staker in the DApp. One claim will be for everyone, so it doesn't have to be you. If the DApp owner or anyone else from the staking pool press "Claim", you will also get your ERA rewards.How SDN unstaking works:If token holders want to send an asset that is currently staked, they will need to unstake it first. There is no lock period for unstaking SDN.Moonstake is proud to be amongst the world's first group of validators and we're looking forward to further cooperation with the team at Shiden Network to accelerate global adoption of staking and DApps.About MoonstakeMoonstake is the world's leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano's constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. https://www.moonstake.io/About Moonstake's staking businessFor the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 12 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year.About ShidenBuilding the premier multi-chain smart contract platform on Kusama Network.Shiden Network is a multi-chain decentralized application layer on Kusama Network. Kusama Relaychain does not support smart contract functionality by design. Kusama Network needs a smart contract layer. This is where Shiden Network comes in. Shiden supports Ethereum Virtual Machine, WebAssembly, and Layer2 solutions from day one. The platform supports various applications like DeFi, NFTs, and more. https://shiden.astar.network/ About AstarAstar Network is a dApps hub on Polkadot that supports Ethereum and layer 2 solutions like ZK Rollups. Plasm aims to be a multi-chain smart contract platform that will support multiple blockchains and virtual machines like EVM and WASM. https://astar.network/ Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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