Blockdaemon Expands Institutional AVAX Staking Support with Avalanche Foundation

By:

Conor Keville

Blockdaemon expands institutional staking support on Avalanche.

Blockdaemon has long supported AVAX staking and now offers institutions a simpler path to delegate on Avalanche. With Foundation-backed validator support, Blockdaemon can provide greater staking capacity while reducing the operational and capital burden historically placed on customers.

Blockdaemon is operating a new public Blockdaemon staking validator on the Avalanche blockchain, giving institutions access to trusted AVAX staking infrastructure built to support delegation at scale.

Blockdaemon Offers Trusted Validator Support for Avalanche

With this new validator, Blockdaemon is expanding its validator footprint on Avalanche and increasing the capacity available for institutional staking.

The validator is built to help attract at least 2 million additional AVAX for delegation and operates with a 2% commission fee on participatory rewards.

For institutions exploring AVAX staking with Blockdaemon, contact our team to learn more about delegation requirements, onboarding, and validator support.