Use the powerful technology of Stasha Ecosystem and revolutionize the world of DeFi!

Use the powerful technology of Stasha Ecosystem and revolutionize the world of DeFi!

Ilemona Achimugu, CEO & Co-Founder of Stasha Ecosystem, gives our readers the seamless access to a wide range of financial instruments of groundbreaking platform!

Acquaint our readers with S-DPoS, a unique consensus algorithm that is used in Stasha Smartchain! 

I: S-DPoS, which stands for Stasha Delegated Proof of Stake, is a unique consensus algorithm employed by Stasha Smartchain. It is designed to provide a secure and efficient method for validating transactions and maintaining the integrity of the blockchain network.

Unlike traditional Proof of Stake (PoS) algorithms, S-DPoS introduces the concept of delegation, where token holders can delegate their voting power to trusted network participants known as "delegates." These delegates are responsible for validating transactions and adding new blocks to the blockchain.

Through S-DPoS, Stasha Smartchain achieves a high level of scalability, as the consensus process relies on a limited number of trusted delegates rather than all token holders participating in block validation. This streamlined approach enhances transaction speed and reduces network congestion, making Stasha Smartchain ideal for handling large-scale decentralized applications.

Furthermore, S-DPoS ensures network security by incentivizing delegates to act honestly and responsibly. Delegates are chosen through a voting process, where token holders have the power to elect delegates they trust to represent their interests. Delegates are financially motivated to perform their duties diligently, as they can earn rewards for their block validation efforts.

Overall, S-DPoS is a robust consensus algorithm that powers the Stasha Smartchain, offering fast transaction processing, scalability, and network security. It enables Stasha Smartchain to provide a reliable and efficient platform for various decentralized applications, revolutionizing the way we engage with blockchain technology.

You’re now at the stage of Stasha Coin Seed-sale! What opportunities will be given for early participation?

I: At the Stasha Coin Seed-sale stage, early participants will have exciting opportunities to get involved in the project and benefit from their early support. Here are some opportunities that will be offered to early participants:

- Exclusive Token Price: Early participants will have the chance to purchase Stasha Coins at a discounted price compared to later stages of the token sale. This allows them to acquire tokens at a more favorable rate, potentially maximizing their investment potential.

- Early Access to Stasha Coin: By participating in the Seed-sale, early participants will be among the first to own Stasha Coins. This early access provides them with the advantage of being at the forefront of the project and potentially benefiting from any future value appreciation of the token.

- Potential Bonus Incentives: To reward early participants for their support, bonus incentives may be offered during the Seed-sale. These bonuses can include additional tokens or other rewards to enhance the value of their investment.

- Participatory Influence: Early participants often have the opportunity to contribute their ideas and feedback, allowing them to have a voice in shaping the future direction of the Stasha project. Their input may be sought for important decisions or development aspects, creating a sense of community involvement and influence.

- Community Building: Early participants will have the opportunity to join the growing Stasha community and connect with like-minded individuals who share an interest in the project. This can foster networking, collaboration, and knowledge sharing within the community.

Please share your plans for the creation of a cloud-streaming platform! What options would it have and who will be its main users?

I: I guess you mean the Stasha Alterverse. The Alterverse, a virtual universe within the Stasha ecosystem, offers users an immersive and interactive experience. It features diverse environments, user-generated content, social interaction, gaming and quests, a virtual economy, cross-platform compatibility, and continuous development. Users can explore various realms, create their own spaces, connect with others, engage in games and challenges, participate in virtual commerce, and enjoy the evolving and expanding Alterverse. It's a dynamic and vibrant digital community that encourages exploration, creativity, and social interaction, providing endless possibilities for users within the Stasha ecosystem.

How did you manage to make a twofold exchange combining DEx & CEx? What’s new does this option give to your consumers?

I: The integration of both decentralized exchange (DEX) and centralized exchange (CEX) features within the Stasha platform brings several unique benefits to our consumers. By combining these two exchange types, we offer a twofold exchange experience that enhances flexibility and convenience for users.

The DEX component of Stasha provides users with the ability to trade directly from their wallets, allowing for peer-to-peer transactions without the need for intermediaries. It promotes decentralization, security, and user control over funds. Users can participate in decentralized liquidity pools, engage in yield farming, and experience seamless token swaps with reduced reliance on centralized platforms.

On the other hand, the CEX aspect of Stasha caters to users who prefer the traditional exchange model. It offers features such as spot trading, margin trading, futures contracts, and an anonymous instant exchange. By providing a centralized exchange option, we aim to accommodate users who may have different trading preferences and require advanced trading functionalities.

The combination of DEX and CEX in Stasha grants our consumers the best of both worlds. They have the freedom to choose between decentralized and centralized trading options based on their preferences and specific trading needs. This flexibility allows users to access a wide range of trading pairs, liquidity options, and trading tools, all within a unified and user-friendly platform.

Overall, the integration of DEX and CEX in Stasha provides enhanced accessibility, liquidity, and trading opportunities for our consumers, empowering them with a comprehensive and versatile exchange experience.

On your whitepaper you announced Stasha Wallet for the crypto “newborns”. At the same time, there is an information about Multising Wallet for companies on your site! Would it be one and the same Wallet or you will launch two different Wallets of different levels?

I: In our pursuit of catering to various user needs, Stasha offers different types of wallets designed for different purposes and user groups. While both the Stasha Wallet and Multising Wallet serve as essential components of our ecosystem, they target distinct user segments and provide unique functionalities.

The Stasha Wallet, as mentioned in our whitepaper, is specifically designed for crypto "newborns" or individuals new to the cryptocurrency space. It aims to provide a user-friendly and intuitive interface that simplifies the process of managing and transacting with cryptocurrencies. The Stasha Wallet offers essential features such as secure storage, easy-to-use transaction capabilities, and access to the Stasha ecosystem, empowering users to navigate the world of cryptocurrencies with confidence.

On the other hand, the Multising Wallet is geared towards companies and businesses, offering advanced features and functionalities to support their specific needs. It provides robust multi-signature wallet capabilities, which enhance security and facilitate multi-party approvals for transactions. The Multising Wallet enables organizations to manage their digital assets, engage in complex transactions, and enforce internal controls within a secure and user-friendly environment.

While there may be similarities in terms of underlying technology and infrastructure, the Stasha Wallet and Multising Wallet are distinct offerings tailored to different user segments. They serve different purposes and provide varying levels of functionality to cater to the specific requirements of individuals and organizations.

By offering both types of wallets, Stasha aims to accommodate a wide range of users, from newcomers to the crypto space to established companies, providing them with the right tools and features to manage their digital assets effectively and securely.

Tell us more about Staking Platform! What conditions do you offer for creating two-way staking pools?

I: At Stasha, our Staking Platform is designed to provide users with the opportunity to participate in staking and earn rewards for their contributions to the network. We offer two-way staking pools, which allow users to stake their Stasha (STC) tokens and participate in the network's consensus mechanism.

To create a two-way staking pool, we have implemented certain conditions and requirements to ensure a fair and secure staking environment. These conditions may include:

- Minimum Staking Amount: There may be a minimum requirement for the number of STC tokens that need to be staked in order to participate in the staking pool.

- Staking Period: We may specify a staking period during which the staked tokens must remain locked in the pool. This period allows for network stability and incentivizes long-term participation.

- Reward Distribution: The rewards earned through staking are distributed based on various factors such as the amount staked, duration of staking, and network performance. Our platform ensures a fair and transparent reward distribution mechanism.

- Staking Rewards: Participants in the staking pool can earn staking rewards in the form of additional STC tokens. The specific reward rate or annual percentage yield (APY) may vary based on factors such as network activity and token supply.

- Flexibility and Liquidity: We understand the importance of flexibility and liquidity for token holders. Therefore, we strive to strike a balance between the staking commitment and the ability to withdraw or transfer staked tokens when needed.

By offering two-way staking pools, we aim to encourage active participation in the Stasha ecosystem while providing token holders with the opportunity to earn rewards for their support. The staking conditions and terms are designed to ensure a secure and rewarding experience for all participants, while promoting the stability and growth of the network.

How is the work of Stasha Block Explorer organized? In what way is this product going to aid users in block traversals?

I: The Stasha Block Explorer is an essential tool for users to explore and navigate the Stasha blockchain. It provides a user-friendly interface that enables users to view and track blockchain transactions, addresses, blocks, and other relevant information.

The organization of the Stasha Block Explorer revolves around providing an intuitive and comprehensive user experience. Here's how it aids users in block traversals:

- Transaction Search: The Block Explorer allows users to search for specific transactions by entering relevant transaction details such as transaction hash, sender/receiver addresses, or other identifiers. This helps users track and verify specific transactions on the blockchain.

- Address Monitoring: Users can explore specific addresses to view their transaction history, balance, and associated metadata. This feature enables users to monitor the activity and holdings of specific addresses, providing transparency and visibility.

- Block Details: Users can access detailed information about individual blocks, including block height, timestamp, transactions included, and other relevant data. This allows users to analyze the structure and content of each block in the blockchain.

- Network Statistics: The Block Explorer provides users with real-time statistics and metrics about the Stasha network, such as total transactions, block time, block size, and network hash rate. These statistics help users understand the network's performance and overall health.

- Rich Visualization: The Stasha Block Explorer presents data in a visually appealing and easily understandable manner. It may include graphical representations, charts, and graphs to provide insights into transaction volumes, network activity, and other relevant metrics.

By offering a user-friendly interface and comprehensive information, the Stasha Block Explorer empowers users to navigate and explore the blockchain with ease. It aids in verifying transactions, monitoring addresses, and gaining insights into the overall state and performance of the Stasha network.

What trading pairs would be available on Spot/Margin Trading Platform? Will $STC be also in these pairs? 

I: On the Stasha Spot/Margin Trading Platform, a wide range of trading pairs will be available to cater to the diverse trading needs of users. While the specific trading pairs may vary depending on market conditions and user demand, the platform aims to provide a comprehensive selection of trading pairs, including major cryptocurrencies, popular stablecoins, and potentially other utility tokens.

Regarding $STC, the native token of Stasha, it is highly likely to be included in the trading pairs on the Spot/Margin Trading Platform. As the native token of the ecosystem, $STC is an integral part of the Stasha ecosystem and holds significant utility and value. Therefore, it is expected to be actively traded against other cryptocurrencies and stablecoins on the platform.

The inclusion of $STC in trading pairs provides liquidity, facilitates price discovery, and enables users to engage in trading activities with the native token of Stasha. It allows users to buy, sell, and trade $STC against other digital assets, providing opportunities for trading strategies, investment, and portfolio diversification.

Over what period of time are you going to bring your products to the global market? 

I: The timeline for bringing Stasha products to the global market varies depending on the specific product and its development stage. The team at Stasha is committed to a phased approach in rolling out its products to ensure a smooth and successful launch.

While it is difficult to provide an exact timeline for each product, the aim is to introduce them in a timely manner, considering factors such as development progress, market demand, and user feedback. Stasha is dedicated to delivering high-quality and innovative blockchain solutions, and the team is working diligently to bring the products to the global market as efficiently as possible.

Meanwhile you can check our whitepaper for product roadmap: https://docs.stasha.io/fundamentals/roadmap