Shardeum, an EVM-compatible Layer 1 blockchain network based in India, has accomplished an immense milestone by reaching over 700 SHM tokens staked under its delegators program. By using the proof-of-stake consensus mechanism, Shardeum allows people to stake their SHM tokens on the network, a move that helps to enhance decentralization and security of the network, and as a result, users earn rewards. Powered by native SHM token, the layer-1 blockchain runs DApps that are accessible, affordable, and designed for the needs of the crypto community. By allowing users and developers to operate their activities beyond exchanges and move across decentralized ecosystems, Shardeum seeks to unleash the next phase of Web3 utility.
Shardeum Debuts Delegators Program
The above accomplishment cements Shardeum’s position as a rapidly rising DeFi network in the decentralized environment. According to data shared today, Shardeum’s delegators program currently holds 725 million SHM staked by customers.
This achievement comes after Shardeum launched its delegators program last week, on December 12, 2025, to allow SHM holders to secure the blockchain network and earn staking incentives through a simplified, self-custodial experience. This marked a significant development in Shardeum’s decentralization strategic plan and comes at a time when over 430 million SHM tokens were already staked on the chain.
With the launch of the delegators program, SHM token holders can now directly delegate their coins through Keplr Wallets. Delegation enables crypto customers to participate in the network consensus and earn incentives without the sophisticated requirements of running validator nodes themselves.
Unlocking Staking Accessibility to Crypto Users
Liquid staking protocols, like Shardeum, play an essential role in making staking more accessible to retail customers with limited finances. These platforms allow people to participate in staking and earn rewards without having to fulfill the minimum requirements of 32 ETH to operate their own validator nodes on the Ethereum blockchain.
Liquid staking platforms such as Shardeum have witnessed quick growth because of the liquidity advantages they provide to customers. When customers stake their crypto assets with Shardeum, they can still use these staked tokens in other DeFi platforms. The approach provides customers with the flexibility to utilize their staked assets and engage in different financial activities in Web3.
Source: https://blockchainreporter.net/shardeum-surpasses-700-million-shm-tokens-staked-as-staking-delegators-program-expands/
