Learn about Lava Network

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Learn about Lava Network, the roads that power blockchains. Discover how Polli optimizes Lava staking and restaking and provides above-market staking returns.

Staking and Restaking on Lava Network

Every day, millions navigate city roads. Some travelers use familiar routes, while others rely on apps for the quickest way to their destination.

Similarly, in the blockchain world, decentralized applications (DApps), NFT marketplaces, and crypto wallets need communication pathways to blockchains like Cosmos. RPC (Remote Procedure Call) nodes serve as these pathways, facilitating seamless communication between apps and networks.

Lava Network is a decentralized infrastructure that powers and incentivizes these RPC nodes, keeping the blockchain world connected.

How Does Lava Network Function?

Users and developers frequently encounter disruptions, such as failed transactions, when operating without dependable RPC providers. For example, a transaction may fail during a cryptocurrency swap.

Lava Network aims to mitigate this issue through a robust data provider incentive and routing system.

How Does Lava Work

Users and developers face disruptions without reliable RPC providers, such as failed transactions during operations. For instance, transactions could fail when swapping from one crypto to another.

Lava Network addresses this challenge with a robust data provider incentive and routing system:

Lava’s Incentive Pools

Data providers join Lava to process blockchain data requests and receive monthly rewards from these pools. Their earnings are determined by two factors:

  1. Service Quality: Higher-performing providers receive larger rewards.
  2. LAVA Staked: Providers who stake more Lava tokens increase their chances of being selected to service a network, thereby earning more rewards.

Optimized Request Routing

Lava intelligently aggregates and directs RPC requests, optimizing routing based on provider performance and user geolocation. This process allows users to have 24/7 access to blockchains with little to no downtime.

What’s In It for Builders?

Traditionally, users and developers must pay RPC Providers to use their services.

Ankr is a leading blockchain RPC node provider. The company charges $500 per month for its premium plan. Participants can always make do with a free public RPC node, but these are unreliable for enterprise and professional use cases.

Lava Network provides a win-win solution.

Builders get access to essential RPC services. Meanwhile, blockchains experience more enhanced infrastructure.

Lava Network Restaking

Lava comes natively with a restaking or redelegation feature. EigenLayer, an Ethereum restaking protocol, popularized this feature.

With restaking, you can redelegate your staked LAVA tokens to an RPC provider. The providers that accumulate the most Lava tokens get to secure partnerships with blockchains and earn their respective network rewards.

Staking and Restaking Lava with Polli

Lava runs on a Delegated Proof-of-Stake model where stakers can delegate Lava tokens to a validator. This process helps support the network’s operations. You can choose from partner staking platforms like Polli.

In case you missed it, Polli is a staking optimization platform that empowers you to earn above-market staking returns. By staking LAVA tokens, not only do you contribute to network security, but stakers also get better returns than what the market offers.

Here’s a guide to staking LAVA with Polli:

Step 1: Staking on Lava

Head to Polli.co using your Keplr Wallet or Leap wallet. Once inside, you’ll land at the portfolio Dashboard. You can see here the assets which are eligible for staking and optimization.

Search for Lava and click the icon to view the protocol’s specific page.

On the upper right hand side, click Delegate to stake your Lava tokens.

Polli’s AI agent will select validators based on four main components: maximum APR, minimal commission, validator trust, and network decentralization. This combination ensures high staking returns while keeping your assets and the network secure.

Step 2: Choose Validators and Data Providers

Polli has made Lava’s staking and restaking features more efficient by streamlining the process. Usually, a user goes through restaking by staking first and then restaking in a separate journey. Polli allows you to determine whether you’d like to restake immediately.

In a summarized page, you can see both validators and providers which Polli has selected.

Polli selects and distributes your Lava across validators and providers based on its optimization strategy.

You can manually adjust the number of validators and providers as well as the delegated tokens based on your discretion. You can click the “Edit” button to view the complete Lava network validator and provider lists.

You can check which network rewards you’ll earn from restaking by clicking the drop-down on the provider dashboard.

Step 3: Confirm Transactions

As a final step, you’ll have to confirm the staking and restaking transactions. Make sure you’ve toggled on Staking Optimization in your account settings.

Start Lava Staking on Polli Today

Lava Network distinguishes itself from other blockchain networks by powering the very infrastructure of blockchain connectivity.

By staking or restaking LAVA tokens, you can earn multiple rewards while contributing to a robust, scalable, and efficient blockchain ecosystem. This offers both new and experienced crypto enthusiasts a unique way to engage with the blockchain industry.

With Polli, your Lava staking experience gets even better. The platform’s AI agents select the best validators and providers for you. In addition, Polli auto-compounds your rewards