Panama City, Republic of Panama (PinionNewswire) —

Sentinel Staking and Earning:

The Sentinel Network is the backbone of the Hybrid Custody Ecosystem, providing the necessary safety net and operational support for users’ assets

Who are Sentinels?

Sentinels are key participants—referred to formally as Hybrid Custody Service Providers—who provide essential services to users utilizing the Vaultcoin Platform. Their primary function is enabling secure, decentralized co-signing, recovery, and inheritance services for assets held in Hybrid Custody Vaults. They act as the crucial safety net when a user’s private key is lost or stolen.

How to Become a Sentinel (Staking $VLTC)?

To join the Sentinel Network, provide services, and earn fees, Users must acquire and stake VaultCoin ($VLTC) on-chain.

Accountability: The staked $VLTC acts as a guarantee for users and ensures accountability. If a Sentinel acts maliciously or against the network protocol, their staked tokens are slashed (confiscated by the protocol) to compensate users. All this ensures Sentinels have real skin in the game.
Initial Vetting: While anyone can eventually become a Sentinel, in the initial phases, there will be vetting and hand holding to ensure candidates have adequate experience in managing their own hardware wallets and backup seed phrases.

Earning Fees and Rewards!

Sentinels earn fees for the services they provide:

Earning Potential: Sentinels can earn significant fees, with projections suggesting they can earn up to $40,000 annually.
Fee Generation: A small percentage fee is automatically deducted from assets protected by Hybrid Custody™ Vaults during the setup process. These assets are pooled and asynchronously swapped for $VLTC in open markets. The $VLTC earned this way is then distributed to the Sentinels and other stakeholders, ensuring the long-term sustainability of the ecosystem and creating continued demand for $VLTC in the open markets.
Staking Pools: Sentinels can create Staking Pools, allowing other $VLTC holders to stake their tokens alongside them to earn a portion of the fees paid to the Sentinel.

About VaultCoin

VaultCoin is the native utility token of the Hybrid Custody Ecosystem, a decentralized crypto custody system that blends the strengths of self-custody and managed custody while eliminating single points of failure. By leveraging Layer 2 Smart Vaults technology, interactive zero-disclosure proofs, and a global Sentinel Network, VaultCoin aims to make major cryptocurrencies unstealable, unlosable, and un-confiscatable – unlocking the next era of secure, mainstream crypto adoption.

For more information, visit https://vaultcoin.network