Pure Proof-of-Stake
A consensus mechanism used by some blockchains to validate transactions and secure the network. Unlike traditional proof-of-work, it relies on validators who hold and stake the blockchain’s native tokens, reducing energy consumption but potentially increasing centralization risks.
Also known as PPoS
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- Awesome Algorand repo adds 2026 tools as its site still lists closed marketplaces Profile: the volunteer-run Awesome Algorand index has cataloged the ecosystem since 2022. Its GitHub repo gained new tools on Sept. 3, but its website lags behind, still listing marketplaces the project itself archived as dead.
- Algoland drew 55,000 questers — then Algorand's activity spike faded The Algorand Foundation's 13-week on-chain quest campaign drew 1.7M site visits and 55,000 participants, closed with a 79,000-wallet VRF draw — and the activity lift faded within months.
- HesabPay launches free Visa virtual cards, targets 1M in Afghanistan The Algorand-powered Afghan wallet behind $35M+ in UNHCR aid launched free Visa virtual cards Aug 13 with a 1M-card target — even as its 'self-custody bank' plans point to another chain.
- Valar's seven-post Medium blog mapped Algorand's staking era, then went quiet Valar's Medium publication ran seven posts between Feb and Jun 2025 explaining Algorand's shift from governance rewards to staking — then stopped, days before co-founder Uroš Hudomalj won a seat on the xGov Council it had previewed.
- Bitrue pays 6.5% APY on ALGO for new users; existing holders earn 0.5% Bitrue, an official Algorand Foundation staking partner, offers no-lockup ALGO staking at a 0.5% base APY with daily payouts — while new users earn 6.5% for 60 days, boostable to 7.8% by holding the exchange's BTR token.
- Mercy Corps stablecoin pilot cut Afghan aid costs 29% on HesabPay's Algorand rails Mercy Corps Ventures' Afghanistan pilot cut aid delivery costs 29% and arrived 10 hours faster using stablecoins via HesabPay, whose HAFN token settles on Algorand. 98% of recipients preferred digital.
- Valar's no-custody staking marketplace shows 83.38M ALGO staked on Algorand Valar's peer-to-peer staking marketplace keeps ALGO in holders' wallets while node runners operate consensus keys; its live counter reads 83.38M ALGO at a 5.00% yearly rate.
- Réti Open Pooling now holds 725M ALGO staked by 8,693 users across 225 validators Réti, Algorand's permissionless staking protocol, now locks 725M ALGO from 8,693 stakers across 225 validators — more than double all of the chain's other core DeFi — while its Foundation-hosted contracts sit outside Foundation governance.
- AlgoRai's options vaults shed 99.98% of peak deposits on Algorand AlgoRai automated options vaults on Algorand with $1.7M seed backing and a $6.4M TVL peak. Its homepage still advertises a 2022 upgrade while deposits now total about $1,419.
- Algoland's 13-week quest run ends with Algorand's largest-ever VRF prize draw Algoland, the Algorand Foundation's 13-week quest campaign, drew 1.7M site visits and 55,000 participants before closing with Algorand's largest-ever verifiable random prize draw.
- Inside Valar Solutions, the hackathon winner now staking 82.98M ALGO on Algorand Profile of Valar Solutions GmbH, the Swiss team behind Algorand's 82.98M-ALGO peer-to-peer staking marketplace, Réti pool front end, xGov delegation platform — and a seat on the network's own advisory council.
- XBTO becomes Algorand's market maker, moves USDC treasury onto the network Bermuda-regulated XBTO now quotes ALGO across Tier-1 and Tier-2 exchanges and routes its own USDC treasury flows over Algorand — a partnership built for institutional tokenized markets.