This edition of Bison Trails’ newsletter includes info on our detailed Polkadot Token Economics explainer, a look at why we joined Celo’s Alliance for Prosperity, our recent announcement supporting the Proof of Stake Alliance’s industry guidance to staking providers, and much more...
1. Polkadot Token Economics
Read our overview of Polkadot’s token economics, including insights into validator rewards, to learn how Polkadot token holders are incentivized to participate in the early days of the network. Contact us for information about running validating nodes on the Bison Trails platform.
If you’re a Coinbase Custody customer, learn more about seamlessly staking DOTs to Bison Trails’ validators.
2. Bison Trails Supports Celo and the Alliance for Prosperity
We joined the Celo Alliance for Prosperity as a founding member because of our shared vision of a world in which intuitive technology lowers the barriers to participation in more inclusive financial systems. With Celo’s recent mainnet launch, we’re excited to announce support for Celo on the Bison Trails platform.
If you’re a Celo Gold token holder, you can run your own group and validators or delegate to the Bison Trails validator group. Bison Trails assists our dedicated Celo node customers in understanding and reacting to the changing prices to be part of the active set, and optimizing participation in the network. Read our extensive guide to Celo, including details of Celo’s economics and governance.
"By building support for stablecoins into the protocol, Celo is addressing a key use case at mainnet launch. From day one, wallet users will be able to transact easily on Celo." —AARON HENSHAW, CTO AND COFOUNDER OF BISON TRAILS
3. Industry Leaders Collaborate to Create Principles to Guide Staking Providers
Bison Trails is proud to be a member of the Proof of Stake Alliance and we're happy to share the organization’s new industry-driven principles to guide staking providers, created with input from Polychain Capital, Coinbase Custody, and Bison Trails. Read Coindesk’s coverage.
“As blockchain and Proof of Stake protocols transform the digital economy, it is becoming increasingly important that professional infrastructure providers demonstrate a more proactive commitment to upholding their responsibilities within the ecosystem.” —JOE LALLOUZ, CEO AND COFOUNDER OF BISON TRAILS
4. The Artistic Application of Blockchain: NFTs
Non-fungible tokens (NFTs) are “unique, digital items with blockchain-managed ownership” including everything from collectibles to games to digital art. Trinity Montoya, a protocol engineer at Bison Trails, has developed a particular interest in the development, evolution, and potential for NFTs. We asked her about NFTs and what to keep our eyes on as this market continues to grow.
“The ability to attach smart contracts to the sale of NFTs can allow for infinitely paying royalties, a game-changer for creatives who are traditionally only paid once, while other people profit off future resales.” —Trinity Montoya
Bison Trails is a fully distributed team, deeply committed to the long term success of the blockchain ecosystem. We're hiring for an Experienced DevOps Engineer, Protocol Specialist, Customer Success Specialist, Content Strategist and more! Check out our careers page for more information on these remote-friendly positions (must be based in the US).
“At Bison Trails, we believe building robust blockchain infrastructure, that keeps networks decentralized and enables them to scale securely, is critical to their success.” —JOE IN MODERN CONSENSUS
View all our supported protocols.
Bison Trails is a blockchain infrastructure platform-as-a-service (PaaS) company based in New York City. We built a platform for anyone who wants to participate in 23 new chains effortlessly.
We also make it easy for anyone building Web 3.0 applications to connect to blockchain data from 33 protocols with Query & Transact (QT). Our goal is for the entire blockchain ecosystem to flourish by providing robust infrastructure for the pioneers of tomorrow.
In January, 2021, we announced Bison Trails joined Coinbase to accelerate our mission to provide easy-to-use blockchain infrastructure, now as a standalone product line. The Bison Trails platform will continue to support our customers. With Coinbase’s backing, we will enhance our infrastructure platform and make it even easier to participate in decentralized networks and build applications that connect to blockchain data.
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