Protocol
Building a Gateway to Heroglyphs for the Normies
Why Graffiti?
Solo staking introduces risks, primarily concerning potential income loss during offline periods and increased electricity consumption. Adhering to standard home network security protocols, such as maintaining essential ports and firewall settings, can mitigate many of these risks.
Building on Top of Heroglyphs
The goal of Heroglyphs is to incentivize solo staking, and as emphasized in their whitepaper, the imperative is to revitalize Ethereum and give it a cyberpunk edge. This pathway involves offering rewards and incentivizing solo stakers to create an economic model that isn't solely reliant on Ethereum rewards.
At Graffiti, we recognize this necessity, which is why we are developing our protocol on top of Heroglyphs. The Graffiti protocol aims to empower complete validators to earn rewards from token mining and distribute them equitably to all participants. Users no longer need the 32 ETH, hardware, or technical expertise required in the past to participate as validators.
They can delegate their ETH to the Graffiti protocol starting from 0.1 ETH and receive equivalent rewards to solo validators, based on the ETH stake delegated to the Graffiti Protocol. In simpler terms, Graffiti operates similarly to Lido but with a greater emphasis on decentralization.
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