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Description

OAK serves as the native token for OAK Network, which operates on a delegated proof of stake model, designed to facilitate decentralized and trustless automation across different blockchains. The network's goal is to offer users straightforward and cost-effective mechanisms to schedule and automate payments, which can be initiated based on time, token value fluctuations, or specific events. To effectively serve millions of users, OAK must cultivate a robust ecosystem that guarantees security and encourages positive participation from all network stakeholders. This document outlines the economic framework that OAK employs to incentivize good faith engagement from a diverse range of participants, including automation users, stakers, collators, and investors. By taking part in OAK Network's crowdloan, ambassador program, bug bounty, and various other initiatives, individuals may qualify for distribution of OAK tokens, thereby fostering greater community involvement. Such participation not only benefits the individuals but also strengthens the network as a whole.

Description

Select a validator to stake your Bone and earn rewards, as Shibarium is specifically designed to support this process while potentially acting as a bridge among various ecosystems. With its focus on enhancing transaction speed and reducing fees, Shibarium offers a more economical alternative for individuals, developers, and real-world businesses compared to other blockchain options. In this context, a delegator refers to someone in the blockchain ecosystem who chooses to delegate or stake their cryptocurrency assets, such as Bone, to a validator, thereby contributing to the network's security and earning rewards in the process. Although delegators do not engage directly in the consensus mechanism, their support is vital for the operational success of validators. On the other hand, validators are essential components of the blockchain network, tasked with validating and confirming transactions while ensuring network security and consensus. They hold a significant responsibility in decentralized networks that utilize Proof of Stake (PoS) or Delegated Proof of Stake (DPoS) protocols, thus reinforcing the overall integrity of the blockchain. By participating in this staking process, both validators and delegators contribute to a more robust and efficient network.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Coinbase
DEX Screener
Dwellir
Ethereum
Flooz
MetaMask
Polkadot
ShibaSwap

Integrations

Coinbase
DEX Screener
Dwellir
Ethereum
Flooz
MetaMask
Polkadot
ShibaSwap

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

OAK Network

Founded

2020

Country

United States

Website

oak.tech/

Vendor Details

Company Name

Shibarium

Country

United States

Website

shibarium.shib.io

Product Features

Product Features

Alternatives

Alternatives