Blockchain

Helios Staking Joins Elrond Network as a Partner to Launch its Mainnet and Genesis Block

Helios Staking has announced its collaboration with Elrond to extend its development and bootstrapping support to the Elrond Mainnet infrastructure.

Crypto staking service provider Helios Staking announced on Monday that it has joined Elrond Network as a partner after helping it for months on its testnet. It will help and support Elrond as a partner to launch its mainnet and ERD token genesis block.

Elrond Network is a blockchain platform focused on enterprise-grade distributed applications and the internet economy. In the official announcement on Medium, Elrond stated that the network is ready and equipped to provide the Internet with the layer of speed and trust it requires. Talking about their partnership with Helios Staking, Elrond CIO Lucian Mincu said,

Elrond CIO Lucian Mincu said

Elrond Network co-founder, Lucian Mincu tweeted that the network has prospered by applying business thinking terms in everything. He also said that he finds the same quality in the Helios Staking team as well.

Helios Staking is a Dublin-based Staking-as-a-Service provider, dedicated towards the growth of Proof-of-Stake blockchain networks. It has been a long-time contributor to the Elrond testnet and its validator community. CEO Kevin Lydon said that the partnership with Elrond Network will allow them to further their digital services.

Kevin added,

Kevin added

As a part of the partnership agreement, Helios Staking will offer services like ERD tokens delegation and innovative staking products that assure guaranteed annualized returns.

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