Proof of Stake Alliance Announces Updated Staking Principles with Support from 18 Industry Leaders Including Ava Labs, Alluvial, Coinbase, Lido Protocol, Paradigm, and Polychain
The POSA staking principles ensure consumer protection and responsible innovation remain paramount as PoS networks and the ecosystems supporting them continue to grow.
- The POSA staking principles ensure consumer protection and responsible innovation remain paramount as PoS networks and the ecosystems supporting them continue to grow.
- The release of these updated Industry-Wide Staking Principles follow the original set of principles published in 2020 after POSA met with the SEC.
- In brief, the updated principles include:
Clear communication from service providers to ensure users have all the information necessary to make informed decisions. - “The updated POSA principles underscore the ecosystem's commitment to clarity and responsibility, especially in a time of increased scrutiny and misconceptions.