Forward Industries has launched a new validator on the Solana network, becoming the eighth largest and the third DeFi Autonomous Treasury to do so. The validator, supported by DoubleZero's infrastructure and Jump Crypto's Firedancer client, is fully funded by Forward's treasury, which holds over 6.86 million $SOL tokens. This initiative aims to optimize yield generation and enhance network performance.
With backing from Galaxy, Forward Industries now controls over 15 million staked $SOL collectively. The validator offers a 0% commission on delegations, aligning with Solana's objectives to improve scalability and reduce latency. Additionally, Forward Industries announced that all future validators will operate on DoubleZero, indicating potential geographic diversification.
Forward Industries Launches Solana's 8th Largest Validator
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