Figment Networks, an institutional-grade blockchain infrastructure and staking provider, recently announced it has been awarded a grant from the Web3 Foundation to build Dot Hub, a staking explorer tool for Polkadot and Kusama blockchain networks.
The Dot Hub will include validator analytics, nominator events and alerts, and rewards reporting.
Dot Hub Staking Explorer
- Validator Analytics – Figment’s Dot Hub will provide historical validator analytics, including missed blocks, uptime, and daily/weekly rollups. The explorer will also have an account and transaction viewer.
- Nominator Alerts and Events – Dot Hub users will be able to monitor certain events, such as missed blocks, nomination changes, and when validators join/leave the active set. Users may also subscribe to email alerts and follow the Dot Hub Twitter feed so that they can be alerted to new events.
- Rewards Reporting – Since income is not tracked on-chain, reward tracking, commission tracking, and daily reports for validators and nominators will be an important feature for Dot Hub users.
The Web3 Foundation is building the Polkadot and Kusama networks as top tier protocol-layer projects, with countless measures of design innovation from scalability and security, to sophisticated governance mechanisms. These innovations expand what’s possible in a decentralized setting but will require additional tools for users to understand the complexities that they introduce. Figment believes it is uniquely positioned to build such tools and to help users overcome these complexities.
“One of the most exciting things about Polkadot ecosystem is the number of new innovations and approaches to blockchain they are bringing to market. With Hubble helping make sense of all things Proof of Stake for validators and token-holders, we think this partnership will support the launch of Polkadot in a big way.”
– Andrew Cronk, Co-founder & Head of Product at Figment Networks