1. Fluence Staking Program
2. Partnerships and Prospects
3. Support for Decentralized Infrastructure Applications

Decentralized cloud infrastructure company Fluence has announced the launch of a new staking program for community members.

Fluence Staking Program

According to the company’s statement, the new program introduces a delegated staking model that allows all Fluence token (FLT) holders to participate by delegating their stakes to compute providers, allowing them to share in the rewards. The program offers USD-pegged rewards set at $10 per month per CPU core, with a staking cost of $200 per core.

Partnerships and Prospects

While the initial investment per CPU core may seem high, Fluence has partnered with companies like Parasail to lower barriers to entry by offering liquid staking and staking pools. Founded in February 2024, Fluence operates a decentralized network of data centres, which it claims sets it apart from conventional cloud computing because it minimizes the risks of single points of failure, improves security, and addresses issues like data lock-in and censorship.

Support for Decentralized Infrastructure Applications

Fluence supports a wide range of applications, from blockchain nodes to AI models, and plans to grow its network of providers to accommodate a broader range of decentralized infrastructure applications. The staking infrastructure operates on Arbitrum Orbit and is managed by the Gelato network. Major data centres like PiKNik, Nebula, and Kabat are also participating in the initiative.

Fluence's move mirrors that of other projects in the decentralized space that are also launching staking programs. The Fluence program not only boosts community engagement but also enhances overall network security.