Crypto: Turn off Polkadot, the dashboard for your DOTs

The Polkadot ecosystem has a new, intuitive and easy-to-use interface to perfect the experience for DOT holders. This new dashboard turn of was recently presented at the Polkadot Decoded conference. It will be launched at the same time as Nomination Pools, currently only on Kusama. He encourages the turn of native by removing the need to use third-party apps and retention services.

Introducing the Polkadot Staking Dashboard

Peculiarity of the Polkadot Staking dashboard

First of all, Polkadot is a blockchain created in 2017 that is scalable yet remains secure and scalable. It provides interoperability on specialized blockchains. The Polkadot Staking Dashboard has features to improve the user experience:

  • A Proof of Stake (PoS) variant called Nominated Proof-of-Stake of (NPoS) to secure the network, select validators and striker them Coins
  • A beta version with an interface connected to the user’s wallet, support for the Polkadot-JS and Talisman extension, and soon the Subwallet
  • Support for Polkadot, Kusama and Westend networks

Benefits of the Polkadot Stakeout Dashboard

The new version of Polkadot staking includes several features:

  • Finding and appointing validators
  • Consultation of payment history thanks to the integration of theSubscan API
  • Nomination pool support, currently only available on Kusama
  • Support for read-only accounts on mobile devices such as smartphones
  • Better decentralization thanks to the extrinsic data of the RPC node of the measures of turn of network wide

Introducing the Full Polkadot Staking App

There are three features you should know about the Polkadot Staking app: Preview, turn of and the validator.

  • The “Preview” function

The tab ” Overview provides information about network status, number of nominators, and cumulative DOT delivery. It also includes an overview of the statistics of turn of of the user. This way the user can consult the amount deployed compared to the free balance and recent payments of turn of. Finally, the section ” Advertisement » shows the parameters of turn of of the network that may affect the user’s position.

  • Function ” turn of

The part ” turn of » allows the user to view the information about his activities from turn of. It provides an overview of the configuration of its parameters. It allows him to start or stop the nomination, choose his validators, adjust the amount of his DOTs or select his payment recipient.

  • Function ” Validators

The tab ” Validators » gives all the information about the validators of the network. The user can sort them according to their commission rate. He can also exclude validators that do not meet his expectations (inactive, blocked, charging 100% commission, without identity, etc.). Once the sorting is done, the user can pin their favorite validators in the ” Favorites“.

Conclusion

The Polkadot Stakeout Dashboard provides more useful and advanced functions for DOT holders. Updates are planned soon to improve the existing codes, especially on github. These improvements are intended to bring change across the board for users of the Polkadot network.

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Emile Stantina avatar

Emile Stantina

Passionate about blockchain technology and cryptocurrencies, we contribute to popularize and democratize this new world. Chancellor on the brink of second bank bailout

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