DoubleZero Launches $537M SOL Stake Pool to Turbocharge Solana Validator Network

2 days ago

DoubleZero, the decentralized protocol built to accelerate blockchain performance, has unveiled a caller 3 million SOL involvement pool, worthy astir $537 cardinal successful existent prices, nether the ticker DZSOL.

The initiative is intended to broaden entree to its low‑latency fibre backbone specifically for Solana validators, which would successful crook heighten web decentralization.

DoubleZero’s architecture stitches unneurotic backstage and acheronian fibre paths into a high‑performance web mesh, enabling validator‑to‑validator postulation to bypass congested nationalist net routes.

The protocol charges 5% of validators' consensus‑related gross for web access, and it has besides implemented token burns to mitigate spam and centralization pressure.

“Faster is better, but faster unsocial is not enough. Faster indispensable see the quality for everyone connected the web to person the aforesaid entree to information arsenic everyone else,” DoubleZero laminitis Austin Federa said successful March. He added, “We spot a adjacent aboriginal that’s afloat underpinned by distributed systems.”

Federa spent astir 4 years astatine Solana Labs and the Solana Foundation arsenic caput of strategy and communications, directing ecosystem maturation and developer engagement.

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