“`html

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Graphite Network Launches Market Staking Program

Graphite Network has unveiled its Market Staking Program, which will run until December 21, 2026. This initiative introduces a fresh approach to rewarding contributors based on trading volume rather than token holdings or staking amounts.

Weekly rewards are distributed in @G, the utility coin of Graphite Network. This coin powers transaction fees and unlocks essential features across the blockchain. High-volume traders and market makers stand to gain the most from this program. Rewards are calculated weekly based on a user’s share of total trading volume across selected decentralized exchange pools.

Key Features of the Market Staking Program

  • Supported Blockchains: The program is compatible with Polygon, Ethereum, Arbitrum, and Binance Smart Chain.
  • Weekly Prize Pool: A total of 50,000 @G is distributed across the four blockchains, ensuring each network has its own reward pool.
  • Eligibility: Payouts are awarded to the top 10% of traders on each network, provided the total weekly trading volume on that network meets a threshold of 15x the local prize pool.
  • Transparency: Weekly eligibility stats and prize pool updates are posted every Monday, with a live leaderboard available on the Graphite Network website.

More About Graphite Network

Graphite Network operates on a custom-built Polymer 2.0 Proof-of-Authority consensus, capable of handling up to 1,400 transactions per second. Its architecture supports consistent fees, making it suitable for high-frequency trading and enterprise-grade applications.

Trust Score System

The platform features a Trust Score system, assigning credibility ratings to users based on factors such as KYC verification status, behavior, and account activity. KYC is conducted off-chain using Zero-Knowledge Proof technology, ensuring user privacy while enabling third-party dApps to verify personal details securely.

Graphite Network also supports KYC transaction filters, allowing users to interact securely and on their own terms. This feature is complemented by reputation-based smart contracts, enabling developers and businesses to enforce transaction conditions based on user trust levels. This adds an extra layer of accountability to decentralized finance applications, token launches, and business interactions within the network.

On-Chain Tools

Graphite Network offers a growing suite of tools, including:

  • Graphite Wallet Chrome Extension: For secure and streamlined transactions.
  • Graphite Bridge: Facilitates cross-chain transfers.
  • Graphite Explorer: Tracks blockchain activity for transparency.
  • Public Testnet: Provides faucet support for developers.

Graphite Network’s Upcoming Roadmap

Following the launch of the Market Staking Program, Graphite Network has outlined several initiatives to further its growth and adoption:

Planned Developments

  • @G Listings: The coin will be listed on multiple centralized exchanges to improve liquidity, accessibility, and visibility.
  • Smart Contract Audit: Enhancing security and reliability within the ecosystem.
  • User Experience Upgrades: Features like instant exchange capabilities will optimize usability.
  • Strategic Partnerships: Collaborations are planned to drive adoption and expand the network’s reach.

Long-Term Goals

By Q3 2025, Graphite Network aims to launch several Layer 2 applications leveraging its reputation-based infrastructure:

  • Phonebook Reputation MVP: Connects trust scores to phone numbers, helping users identify trustworthy counterparts.
  • Reputation-Based Dating App: A unique application focusing on trust in personal interactions.
  • Hotspot Bundle Initiative: Expanding blockchain access to areas with lower connectivity.
  • Competitive Governance System: Governance will be based on user reputation rather than token weight.
  • DePIN Geo Game: Encourages participation within the ecosystem through gamified incentives.

These initiatives aim to strengthen trust, usability, and decentralization—core pillars for scaling blockchain adoption in real-world scenarios. While these long-term goals shape the broader vision, the Market Staking Program serves as a practical step to reward active participation, boost liquidity, and highlight the value of a reputation-based network.

“`

Post Views: 2