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- Moonstake has partnered with RockX to support the ever-growing ecosystem of Polkadot
- Moonstake will also help RockX to improve access to services related to blockchain technology
- Moonstake has also appointed Alex Lam the CEO and founder of RockX as an official advisor
- RockX will help Moonstake to mark a new page in the Asian crypto staking industry
To support the Polkadot (DOT) ecosystem, Moonstake Ltd, a Singapore-based staking pool network has partnered with blockchain service provider RockX. RockX running its Polkadot node has also introduced a $20 million five year investment program since last September. The blockchain service provider aims to support the Polkadot ecosystem. Now the latest partnership will accelerate the adoption of the Polkadot ecosystem in the blockchain industry through staking.
How will Moonstake help RockX to support Polkadot?
Moonstake, established last year, has aimed to create the largest staking network in the entire Asia. Last August, it was observed that its staking services had rapidly reached towards $50 million. Since then in December, the staking tokens grew to $100 million. However, currently, the pool consists of over $200 million in staked assets. According to Alex Lam, the chief executive officer and founder of RockX, as Moonstake is growing with such pace, the partnership will help RockX focus on the Polkadot ecosystem’s growth. On the other hand, Moonstake will also help the blockchain technology providers improve access to blockchain services.
How will RockX help Moonstake?
Following the official announcement of the partnership, it is observed that RockX will help Moonstake to mark a new page in the Asian staking market. Indeed, together both will focus on supporting the ever-growing ecosystem of Polkadot. Mitsuru Tezuka, the founder of Moonstake, believes that RockX, operating as the second leading node of Polkadot, can enable them to mark a new page in the Asian crypto staking sector.
Moonstake has appointed Alex Lam as an official advisor
Alex Lam is also the founder of RockMiner, a mining equipment manufacturer, which was focused on proof-of-stake. He then became one of the founders of RockX, a proof-of-stake service and development platform, which currently operates DOT, Terra, Solana, and other projects. In recent years, Lam also has invested in multiple projects in several sectors of the crypto industry. Following a recent tweet of Moonstake, it is found that observing Lam’s profiling of dual identity as an entrepreneur and investor, Moonstack has hired him for the position of official advisor.
