Aion’s staking interface for Open Application Network (OAN) now live

Users can stake on the OAN using AION to earn rewards for contribution to network security

Aion, the blockchain network for decentralized applications, announced today that a new AION staking interface app is now live in preparation for its upcoming Unity update.

Last week, the Aion team introduced its evolution into The Open Application Network (OAN), a public infrastructure that creates a new design space for what they call, Open Applications (OAs). Open Apps are programs that put users back in control and are universally accessible across platforms.

Unity

The introduction of Unity changes the underlying security model and the structure of block production on The Open Application Network.

Unity is an eventual consistency protocol merging the Proof of Work (PoW) and Proof of Stake (PoS) into a coherent stochastic process. It encompasses hardware and economic security without sacrificing availability, unpredictability, and decentralization.

Staking

Starting now, Aion token holders can select and stake their AION with the available staking pools on the interface. Over the coming week, new staking pools will be onboarding leading up to the Unity upgrade on November 19th-20th.

Once the Unity upgrade has taken place, the production of PoS blocks will begin. The new Aion staking platform is designed to be a one-stop-shop for all staking services for The OAN.

The staking interface enables users to access their account through Ledger, key-store, private key, and mnemonic phrase. The desktop application is available on Windows, Mac, and Linux for key-store, private key, and mnemonic phrase.

There is a minimum amount of 1,000 AION required for all stakers (aka validators, pools) in the network.

Key Features

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