NULS tests new token staking service with Aleph, introduces a reward model

in #blockchain5 years ago

In late July, the Chinese CCID Research Institute released its latest rankings that placed Nuls in fourth place. The institute is China’s Ministry of Industry and Information Technology initiative that is aimed at providing a monthly cryptocurrency projects assessment.

In a joint effort, Nuls (an Enterprise-grade blockchain platform) and Aleph (a cross-blockchain layer-2 network) have carried out and completed testing of staked coin output (SCO) — a new staking service.

The new service applies a new reward model type to enable community members who stake tokens, to be given tokens after engaging on various projects on the Nuls platform.

To view some of the existing SCO projects, please visit:
https://pocm.nuls.io/Projects/ProjectsList 13.png

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