Partnerships and Integrations
TrustedStake Partnership with TaoBank
TrustedStake has formed a strategic partnership with TaoBank to enhance the Bittensor ecosystem by combining our unique strengths. This collaboration aims to provide wTAO holders with optimized staking solutions, unlocking additional yield opportunities and liquidity options within the Bittensor network.
Partnership Objectives
Enhance Yield Opportunities: Offer optimized staking services to TaoBank users with fixed return rates.
Leverage Expertise: Combine TrustedStake’s staking optimization capabilities with TaoBank’s Delegation as a Service (DaaS) solution.
Expand Services: Enable TaoBank to offer DaaS through their native DApp, utilizing TrustedStake’s platform backend.
Strengthen the Bittensor Ecosystem: Contribute to the growth and robustness of the Bittensor network by offering comprehensive services to token holders.
Collaboration Details
Delegation-as-a-Service (DaaS): TrustedStake manages staking operations for TaoBank’s DaaS users by delegating permissions without custody or transfer capabilities.
Fixed Yield Offering: TaoBank offers users a fixed yield on their staked wTAO tokens, while TrustedStake optimizes the staking strategy to meet or exceed yield targets.
Non-Custodial Staking: TaoBank retains full control over their tokens through a trustless delegation mechanism, ensuring security and transparency.
TrustedStake Partners with RoundTable 21 to Enhance Bittensor Staking
TrustedStake has formed a strategic alliance with RoundTable 21 to boost the security and efficiency of staking operations within the Bittensor ecosystem. This collaboration combines the strengths of both organizations to deliver optimized and secure staking solutions for users.
Partnership Overview
RoundTable 21
Role: Acts as a trusted third-party for multi-signature (multi-sig) escrow accounts.
Reputation: A highly respected validator in the Bittensor network, known for integrity and reliability.
Multi-Signature Escrow Account
Participants: User, TrustedStake, RoundTable 21
Approval Requirement: Transactions require approval from at least two of the three parties, enhancing security and preventing unauthorized access.
Benefits of the Partnership
Enhanced Security: The multi-sig escrow adds an extra layer of protection, ensuring transparent and secure fund management.
Trust and Reliability: Partnering with RoundTable 21 reinforces TrustedStake’s commitment to high standards of integrity and reliability.
Aligned Interests: Performance-based fees motivate TrustedStake to effectively optimize staking strategies, maximizing user returns.
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