DappRadar joins XPR Network as an official Block Producer, supporting a decentralized network built for real utility and a seamless user experience. Aside from being a Block Producer, DappRadar also becomes an ecosystem participant, helping developers to attract users and making data insightful for the community.
As the World’s Dapp Store, DappRadar has the mission to make complicated blockchain data insightful for every ecosystem participant. Data accuracy and transparency are crucial for users of decentralized applications and blockchain ecosystems. As a Block Producer of XPR Network we double down on that commitment.
As a Block Producer, DappRadar offers more than just infrastructure support, but we also help to secure the network. Moreover, developers building on XPR Network can list their projects on DappRadar, and gain exposure to a community of thousands of Web3 enthusiasts.
What is XPR Network
XPR Network is a delegated proof-of-stake (DPoS) blockchain where Block Producers validate transactions, produce new blocks, and help secure the network. Beyond technical operations, BPs are also ecosystem participants – helping grow developer activity, increase decentralization, and ensure performance.
The XPR Network offers some exciting features, highlighting the chain’s focus on usability, performance and compliance-ready infrastructure. For example, users and developers get a completely fee-less experience. Each account on the network also has its own username, providing native support for an onchain, privacy-first identity.
The network has been developed by Metallicus, the team behind The Digital Banking Network and the first regulated stablecoin pilot on the chain. XPR Network already has a strong DeFi foundation thanks to platforms like Metal X, a fully onchain Central Limit Order Book DEX (CLOB), and LOAN Protocol, the XPR Network’s lending and borrowing layer. DappRadar is delighted to support XPR Network with their vision about real-world adoption and long-term sustainability.
How to vote for DappRadar when staking
XPR token holders can support the network by staking their coins and backing Block Producers. Users need to stake their XPR via the WebAuth Wallet or the XPR Network Block Explorer. Then they need to vote for 4 different Block Producers (BPs) as part of the staking process. Simply stake your XPR and select DappRadar alongside three other BPs.
This helps to decentralize the network and support governance. No matter the choice of Block Producers, the staking rewards are always the same. Rewards are distributed proportionally based on the staked amount of XPR tokens, regardless of which BPs the community votes for.
We appreciate your support in choosing DappRadar as one of your chosen BPs when staking on the XPR Network.
Our Commitment
By becoming a Block Producer, DappRadar will:
- Help secure the network by operating reliable, performant infrastructure.
- Increase visibility for XPR-based applications by integrating them into our dapp store, featuring tracking and analytics tools.
- Support ecosystem growth by engaging with developers, surfacing new projects, and contributing data insights.
Closing words
DappRadar’s role as a Block Producer on XPR Network strengthens our commitment to transparency, data accuracy, and ecosystem growth. By securing the network and amplifying XPR-based projects, we empower developers and users alike. We invite the community to support DappRadar through staking, fostering a decentralized and thriving XPR ecosystem. Let’s build a decentralized ecosystem together with a focus on real-world adoption and innovation.
