Hubble Exchange Partners with GoGoPool for validating the Hubblenet

30 Nov 2023

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Hubble Exchange has strategically selected GoGoPool to become one of the first partners to validate the Hubblenet. GoGoPool is a permissionless liquid staking protocol for Avalanche focused on being maximally useful to Avalanche Subnets with an easy and low cost way to launch Avalanche nodes. GoGoPool runs three validator nodes, significantly enhancing the degree of decentralization of the Hubblenet in its early stages.

The Hubblenet will initially launch as a permissioned network, requiring validators to be whitelisted. Through GoGoPro, GoGoPool offers a completely customizable all in one platform to seamlessly deploy Subnet nodes, making them an ideal fit for this role. Along with the GoGoPool community, their support ensures robust and efficient validation — creating a secure foundation for the network in its early days.

As the Hubble Network matures, it is designed to become elastic and permissionless, enabling any validator to join in by staking Hubble tokens and running an Avalanche validator. The transition towards greater decentralization is an essential part of our vision for Hubble Exchange, and we are confident that GoGoPool’s expertise will also play a crucial role in this evolution.

“We are extremely excited to contribute to HubbleNet’s genesis validator set. GoGoPool is 100% focused on helping builders bring blockchain to the world, and the Hubble team is best in class. They are creating the playbook for future Subnet launches and we are happy and ready to help however possible.”_ — Steven Gates, Co-Founder

About GoGoPool

GoGoPool is the first decentralised staking protocol on Avalanche, enabling the launch of new validator nodes via liquid staking and the GGP token and designed to be maximally useful to Subnets. Backed by the GoGoPool Foundation, it’s mission is to help builders bring blockchain to the world via Avalanche Subnets.

About Hubble Exchange

Hubble Exchange is a trustless and composable trading system for perpetuals, operating on Hubblenet — a specially designed blockchain built exclusively for perpetuals trading. This unique blockchain embeds a fully Decentralized Limit Order Book along with its Matching Engine. By leveraging its own L1, Hubble Exchange offers fully decentralized and lightning fast trade execution at a low cost, enabling trustless trading.