Ankr$ANKR

What is this network?

Ankr Network is a decentralized network of nodes built for Web3 developers to provide flexible and cost-efficient connections to blockchains. It is the fastest-growing decentralized infrastructure provider that relies on a globally distributed network of independent node providers. The network is designed to be always on, with nodes in every corner of the globe and intelligent load-balancing, ensuring resiliency, uptime, and speed without centralized vulnerabilities.

Any geographical restrictions?

Ankr Network is based in the State of California in the United States. However, it operates globally with nodes in every corner of the globe. Connecting to decentralized infrastructure means your app is more resistant to the limitations of geographic restrictions or centralized outages.

How can I optimize my mining rewards?

To optimize your staking rewards, Ankr offers a feature called Liquid Staking. This feature provides instant liquidity for staked assets in the form of Liquid Staking tokens. These tokens represent the value of your staked assets but are portable, accessible, and thus liquid. They can now be utilized in a number of ways, such as providing liquidity on Decentralized Exchanges, receiving additional tokens from DEXs, and earning more yield.

How can I use the network?

Users can use the Ankr Network by staking their crypto assets. To get started, fund your wallet such as MetaMask with ETH. After successfully doing that, head over to Ankr Staking and select how much ETH you would like to stake. Using Ankr to stake ETH helps to solve the complexity of staking directly to validators on the Ethereum network. You will not need any in-depth knowledge, and you won't need to go through any complex delegation process.

Who governs this network?

The Ankr Network is governed by a Decentralized Autonomous Organization (DAO). ANKR token holders are incentivized to participate in the protocol by staking ANKR tokens into the Ankr coverage staking contracts, which grants voting power in the Ankr DAO. Direct participation in governance by community members holds the DAO responsible for protocol security and incentivizes a security-first governance approach for the project.