FAQ
Do you have any questions?
What is Tezos?
Tezos is a cutting-edge blockchain platform designed for the Web3 revolution, emphasizing user governance, participation, and security. It features energy-efficient Proof-of-Stake, advanced smart contracts with formal verification, and a modular architecture that enables seamless upgrades. Tezos fosters a decentralized, user-centric internet experience by encouraging community-driven innovation and providing powerful scalability for a wide range of applications.
What is XTZ?
XTZ(Tez) is the native token of the Tezos blockchain. It is used to interact with dApps, pay for fees, secure the network through staking, and provide a basic accounting unit on the Tezos platform.
Where's the best place to buy XTZ?
You can purchase Tezos tokens, represented by the symbol XTZ, on most major cryptocurrency exchanges. For a list of some of the most popular exchanges where XTZ is available, you can check the 'Don't have XTZ?' section on our Tezos Network page.
How can I create a Tezos wallet?
There are numerous wallets available for Tezos. You can find a list of some of the most popular ones
in the 'Supported Wallets' section of our Tezos Network page.
The wallets are categorized into App, Web, and Hardware types, so you can select the one that best suits your needs
If you're unsure about using your own wallet and are interested in staking, we recommend opting for one of the wallets presented in the 'Staking Guide & Instructions' section. Following these instructions will significantly simplify the process of creating a wallet and starting to stake, as all the steps are clearly outlined for you.
The wallets are categorized into App, Web, and Hardware types, so you can select the one that best suits your needs
If you're unsure about using your own wallet and are interested in staking, we recommend opting for one of the wallets presented in the 'Staking Guide & Instructions' section. Following these instructions will significantly simplify the process of creating a wallet and starting to stake, as all the steps are clearly outlined for you.
Which wallet do you recommend for staking XTZ?
We recommend using the wallets listed in the 'Supported Wallets' section on our Tezos Network page for staking XTZ. If you're uncertain about setting up your own wallet, we suggest choosing the wallet used in the 'Staking Guide & Instructions' section. This guide provides a clear, step-by-step process for creating a wallet and initiating staking.
Can I stake my XTZ using a Ledger wallet?
Yes, you can indeed stake XTZ using a Ledger wallet. By utilizing the Ledger Live app, you can
securely delegate your Tezos to Stake and Stack and start earning rewards passively.
For more information, see the link below.
https://www.ledger.com/staking-tezos
For more information, see the link below.
https://www.ledger.com/staking-tezos
What is Tezos staking?
Staking Tezos tokens provides an excellent opportunity to earn passive income in XTZ. You could liken
it to earning interest on your cryptocurrency holdings. In some cases, staking requires you to lock up
your tokens for a predetermined period, during which they are unspendable. However, this is not the
case with Tezos; you can spend your Tezos whenever you wish.
By staking your XTZ, you contribute resources to the Tezos network, enhancing its stability. In return for this support, you receive XTZ tokens as rewards.
By staking your XTZ, you contribute resources to the Tezos network, enhancing its stability. In return for this support, you receive XTZ tokens as rewards.
What is the current APY for Tezos staking?
The ongoing operation of the Tezos blockchain depends on validators and delegators staking XTZ to validate the network. As a reward for their contributions, they receive newly minted XTZ from the network. The annual rate of creation for these new tokens is referred to as the inflation rate, which is currently around 4.63%. The Annual Percentage Yield (APY)—essentially the average Return on Investment (ROI)—is determined using both the current staking rate and the inflation rate. At present, the APY for staking on the Tezos network is approximately 6.19%.
Is there a minimum amount required to stake XTZ?
The required minimum delegation amount is 100 XTZ. The interesting aspect of Tezos delegation is that you don't delegate a specific amount of XTZ, but instead, the entire XTZ balance of your wallet gets delegated when you stake. Additionally, there are transaction fees associated with delegating to a validator, so it's advisable to hold more than 100 XTZ in your wallet prior to initiating the staking process.
How can I stake my XTZ with Stake and Stack?
To stake your XTZ with Stake and Stack, you could either use a wallet that you're comfortable with or
follow the guidance provided in our 'Staking Guide & Instructions'.
If you're comfortable with handling personal wallets, simply use the staking function within your wallet, find Stake and Stack on the validator list, or delegate to us directly using our wallet address: tz1Kf25fX1VdmYGSEzwFy1wNmkbSEZ2V83sY.
If you're uncertain about setting up your wallet, we suggest choosing the wallet used in the 'Staking Guide & Instructions' section. This guide offers a straightforward procedure for setting up a wallet and initiating staking.
If you're comfortable with handling personal wallets, simply use the staking function within your wallet, find Stake and Stack on the validator list, or delegate to us directly using our wallet address: tz1Kf25fX1VdmYGSEzwFy1wNmkbSEZ2V83sY.
If you're uncertain about setting up your wallet, we suggest choosing the wallet used in the 'Staking Guide & Instructions' section. This guide offers a straightforward procedure for setting up a wallet and initiating staking.
How long does it take to stake and unstake XTZ?
On the Tezos network, staking and unstaking XTZ is a process that unfolds over a series of cycles.
Each cycle corresponds to the completion of 16,384 blocks—with each block being produced every 15
seconds.
When you stake your XTZ, your delegation rights are not transferred instantly. There is a 'Pending' period that lasts about 1~2 cycles (approximately 3~6 days), which serves as a measure for network protection. Following this, a 'Confirmation' stage takes place over 5 cycles (around 14 days), during which your delegation is verified, and the validator acquires the rights to produce and endorse future blocks. Finally, another cycle (around 3 days) must pass before your first payout is issued.
In total, you'll start receiving staking rewards after roughly 23 days or about 8 cycles. Previously, under the operation of Tezos Seoul, the first rewards would be distributed after approximately 37 days (or 13 cycles). However, since transitioning to Stake and Stack, this waiting period has been reduced to 23 days (8 cycles).
Once a cycle ends and a new one begins, the rewards from the previous cycle are due. With Stake and Stack, these rewards are typically distributed within 24 hours of the commencement of the new cycle.
Regarding unstaking, your XTZ isn't locked during the staking process, so you can move or transfer your XTZ at any time.
When you stake your XTZ, your delegation rights are not transferred instantly. There is a 'Pending' period that lasts about 1~2 cycles (approximately 3~6 days), which serves as a measure for network protection. Following this, a 'Confirmation' stage takes place over 5 cycles (around 14 days), during which your delegation is verified, and the validator acquires the rights to produce and endorse future blocks. Finally, another cycle (around 3 days) must pass before your first payout is issued.
In total, you'll start receiving staking rewards after roughly 23 days or about 8 cycles. Previously, under the operation of Tezos Seoul, the first rewards would be distributed after approximately 37 days (or 13 cycles). However, since transitioning to Stake and Stack, this waiting period has been reduced to 23 days (8 cycles).
Once a cycle ends and a new one begins, the rewards from the previous cycle are due. With Stake and Stack, these rewards are typically distributed within 24 hours of the commencement of the new cycle.
Regarding unstaking, your XTZ isn't locked during the staking process, so you can move or transfer your XTZ at any time.
- Staking
- Operation: 15 seconds
Confirmation: 3~6 days (1~2 cycles)
First payment: After 23 days (8 cycles)
Payment frequency: Every 2.84 days (1 cycle)
- Example
-
Current cycle : 600
Cycle staked : 600
Pending cycle : Up to 600 or 601
Confirmed cycle : From 606 or 607
First payment cycle : At the start of 607 or 608
- Unstaking
-
Operation: 15 seconds
Last payment: You will continue to earn rewards for the next 6~7 cycles even after unstaking.
Who controls my XTZ after I stake it?
When you stake Tezos, you keep full ownership and control of your XTZ. Even after delegation, your XTZ remains in your own wallet, allowing you to transfer or use it as you wish. The Tezos network only locks the validators' own deposits, not the delegated XTZ. Validators cannot access or control the XTZ delegated to them. This effectively makes staking Tezos similar to simply holding XTZ in your wallet, but with the added advantage of earning rewards.
Will I still have access to my staked tokens?
Yes, you do maintain full control and access to your staked XTZ at all times. The unique feature of Tezos staking is that it does not restrict your ability to transfer or spend your tokens. This makes Tezos stand out from many other networks where your tokens are locked while staking. Consequently, Tezos has a high staking ratio, and we highly recommend staking as a way to earn passive income, while still being able to utilize your tokens as you see fit.
Can my staked XTZ be slashed, seized or destroyed?
The XTZ you stake is secure and remains in your wallet, meaning you retain complete control over your
tokens at all times. The process of delegating your XTZ does not pose any risk to your assets, and
they cannot be slashed, seized, or destroyed due to delegation. However, to keep your XTZ secure,
there are several best practices to bear in mind:
- Never share your seed phrase with anyone.
- Keep your seed phrase in a secure location.
- Avoid participating in suspicious projects.
- Be wary of clicking on dubious links, especially those promoting high returns or 'too good to be true' deals.
- Only download apps or software from links provided on official websites.
- By following these steps, you can ensure the security of your staked XTZ.
- Never share your seed phrase with anyone.
- Keep your seed phrase in a secure location.
- Avoid participating in suspicious projects.
- Be wary of clicking on dubious links, especially those promoting high returns or 'too good to be true' deals.
- Only download apps or software from links provided on official websites.
- By following these steps, you can ensure the security of your staked XTZ.
Can I lose potential staking rewards?
Once you've delegated your XTZ, it remains in your wallet and under your control at all times.
However, it's essential to select your validator carefully due to the slashing mechanism of Tezos,
which poses a risk for validators.
A validator can be penalized for not revealing nonces or double signing (signing different blocks or voting on different proposals at the same level and round). The slashed amount for double baking is 640 tez. The slashed amount for double (pre)endorsing is a fixed percentage of 1/2 of the frozen amount.
A validator's security deposit, equal to 10% of the stake, is frozen at the start of each cycle and returned after 5 cycles. Should the validator be caught double-signing, this deposit is confiscated by the network.
If a validator doesn't have sufficient funds for the security deposit for the next cycle, they and their delegates lose their turn and profits—this is known as over-delegation. While this could happen to Stake and Stack, we maintain a 99.9% reliability over four years, and any penalties on our validator don't affect our delegators' rewards.
Before delegating, ensure that the validator has sufficient capacity for your delegation to avoid the risk of over-delegation.
A validator can be penalized for not revealing nonces or double signing (signing different blocks or voting on different proposals at the same level and round). The slashed amount for double baking is 640 tez. The slashed amount for double (pre)endorsing is a fixed percentage of 1/2 of the frozen amount.
A validator's security deposit, equal to 10% of the stake, is frozen at the start of each cycle and returned after 5 cycles. Should the validator be caught double-signing, this deposit is confiscated by the network.
If a validator doesn't have sufficient funds for the security deposit for the next cycle, they and their delegates lose their turn and profits—this is known as over-delegation. While this could happen to Stake and Stack, we maintain a 99.9% reliability over four years, and any penalties on our validator don't affect our delegators' rewards.
Before delegating, ensure that the validator has sufficient capacity for your delegation to avoid the risk of over-delegation.
Are staking rewards liquid or automatically staked (compounded)?
In the Tezos network, staking rewards are automatically compounded. This means that once the rewards are distributed to your wallet at the end of each cycle by the validator (in this case, Stake and Stack), they're automatically added to your total staked balance. Therefore, in subsequent cycles, you'll be earning rewards on an ever-increasing stake amount. You don't need to claim or re-delegate your rewards - the system takes care of it all, allowing your assets to grow passively.
How frequently are staking rewards distributed?
On the Tezos network, after the initial staking period of approximately 23 days (8 cycles), staking rewards are distributed consistently at the end of each cycle. In terms of duration, a cycle in Tezos lasts about 2.84 days, so you can expect to receive new staking rewards every 2.84 days following the initial payout. This frequent reward distribution allows for efficient compounding of your staked XTZ.
What is the validator fee for staking with Stake and Stack?
When staking with Stake and Stack, the validator commission, or service fee, is a part of the staking
process. This fee is charged to each account utilizing our staking services. Importantly, this fee is
deducted from the rewards generated by staking, not from the staked funds themselves. It's already
factored into the ROI.
The base fee for staking XTZ with Stake and Stack is 10% of the rewards. However, we provide numerous benefits to our clients.
For instance, we offer Custom Fee Discounts. These are automatic discounts applied based on the amount of your stake and the staking duration, enabling you to enjoy lower fees as your stake increases or as you stake for longer periods.
Moreover, we have the SaS Club Membership. This is a tiered membership program that applies uniformly across all networks we support. The program provides additional privileges and discounts to our loyal customers, with the highest membership tier even offering up to 100% fee discounts—that's right, potentially no fees at all!
For more details about our Custom Fee Discounts and SaS Club Membership, please visit the corresponding pages on our website.
The base fee for staking XTZ with Stake and Stack is 10% of the rewards. However, we provide numerous benefits to our clients.
For instance, we offer Custom Fee Discounts. These are automatic discounts applied based on the amount of your stake and the staking duration, enabling you to enjoy lower fees as your stake increases or as you stake for longer periods.
Moreover, we have the SaS Club Membership. This is a tiered membership program that applies uniformly across all networks we support. The program provides additional privileges and discounts to our loyal customers, with the highest membership tier even offering up to 100% fee discounts—that's right, potentially no fees at all!
For more details about our Custom Fee Discounts and SaS Club Membership, please visit the corresponding pages on our website.
Are there any ways to receive a discount on the validator fee?
Yes, Stake and Stack offers ways to receive discounts on validator fees.
We offer a program called Custom Fee Discounts which automatically applies discounts based on the amount staked and the staking duration. This means the more you stake or the longer you stake, the lower your fee can be.
Additionally, we have the SaS Club Membership, a tiered membership program that applies across all networks we support. It offers additional privileges and fee discounts to our loyal customers, and the highest membership tier can even provide up to 100% fee discounts—that's potentially zero fees!
For more detailed information about our Custom Fee Discounts and SaS Club Membership, please visit the corresponding sections on our website.
We offer a program called Custom Fee Discounts which automatically applies discounts based on the amount staked and the staking duration. This means the more you stake or the longer you stake, the lower your fee can be.
Additionally, we have the SaS Club Membership, a tiered membership program that applies across all networks we support. It offers additional privileges and fee discounts to our loyal customers, and the highest membership tier can even provide up to 100% fee discounts—that's potentially zero fees!
For more detailed information about our Custom Fee Discounts and SaS Club Membership, please visit the corresponding sections on our website.
Can you provide some useful Tezos-related links?
Sure, here are some useful links related to Tezos:
These links should help you navigate the Tezos ecosystem more effectively.
Official links
What is Kava?
Kava Network is a Layer-1 blockchain that combines Cosmos SDK's speed and scalability with Ethereum's
developer support. It enables seamless interoperability, optimized scalability with Tendermint Core
consensus, and rapid ecosystem growth. KAVA, the native token, governs and secures the network,
fostering Web3 and next-gen blockchain development.
What is KAVA?
KAVA is the native token of the Kava Network, a Layer-1 blockchain synergizing the scalability of
Cosmos SDK with Ethereum's robust developer support.
The KAVA token plays an essential role in three key aspects of the Kava Network: security, governance, and incentives.
Security: KAVA is staked by top nodes for block validation, incentivizing them via block rewards and transaction fees, though they risk losing KAVA for non-compliance with network rules.
Governance: KAVA holders propose and vote on key network parameters, including supported assets, Dapps, debt limits, and financial instrument settings. They also vote on proposals affecting the Network's fund allocation.
Incentives: Some KAVA emissions are distributed as incentives to top projects on each chain, driving growth, encouraging competition, and improving the Kava ecosystem's health.
In a nutshell, KAVA is an integral component of the Kava Network's security, governance, and growth incentive mechanisms.
The KAVA token plays an essential role in three key aspects of the Kava Network: security, governance, and incentives.
Security: KAVA is staked by top nodes for block validation, incentivizing them via block rewards and transaction fees, though they risk losing KAVA for non-compliance with network rules.
Governance: KAVA holders propose and vote on key network parameters, including supported assets, Dapps, debt limits, and financial instrument settings. They also vote on proposals affecting the Network's fund allocation.
Incentives: Some KAVA emissions are distributed as incentives to top projects on each chain, driving growth, encouraging competition, and improving the Kava ecosystem's health.
In a nutshell, KAVA is an integral component of the Kava Network's security, governance, and growth incentive mechanisms.
Where's the best place to buy KAVA?
You can purchase KAVA tokens, represented by the symbol KAVA, on most major cryptocurrency exchanges.
For a list of some of the most popular exchanges where KAVA is available, you can check the 'Don't
have KAVA?' section on our Kava Network page.
How can I create a Kava wallet?
There are numerous wallets available for Kava. You can find a list of some of the most popular ones in
the 'Supported Wallets' section of our Kava Network page.
The wallets are categorized into App, Web, and Hardware types, so you can select the one that best suits your needs.
If you're unsure about using your own wallet and are interested in staking, we recommend opting for one of the wallets presented in the 'Staking Guide & Instructions' section. Following these instructions will significantly simplify the process of creating a wallet and starting to stake, as all the steps are clearly outlined for you.
The wallets are categorized into App, Web, and Hardware types, so you can select the one that best suits your needs.
If you're unsure about using your own wallet and are interested in staking, we recommend opting for one of the wallets presented in the 'Staking Guide & Instructions' section. Following these instructions will significantly simplify the process of creating a wallet and starting to stake, as all the steps are clearly outlined for you.
Which wallet do you recommend for staking KAVA?
We recommend using the wallets listed in the 'Supported Wallets' section on our Kava Network page for
staking KAVA. If you're uncertain about setting up your own wallet, we suggest choosing the wallet
used in the 'Staking Guide & Instructions' section. This guide provides a clear, step-by-step process
for creating a wallet and initiating staking.
Can I stake my KAVA using a Ledger wallet?
Yes, you can stake your KAVA tokens using a Ledger wallet. Currently, Ledger Live does not fully
support KAVA, but you can import your Ledger wallet into another compatible wallet to stake your KAVA.
Essentially, this means you can stake KAVA held on your Ledger, but you cannot stake directly from the
Ledger Live app as you can with other networks like Tezos. You can securely delegate your KAVA tokens
to Stake and Stack to earn passive rewards.
Here's a quick guide on how to stake KAVA using your Ledger wallet:
1. Install the Keplr browser extension. You can get it here: https://wallet.keplr.app/
2. Select "Import Ledger" and follow the on-screen instructions.
3. Go to the KAVA section and click on "Stake".
4. From the validator list, find Stake and Stack and click on "Manage".
5. Enter the amount you want to stake and click "Delegate".
By following these steps, you can successfully stake your KAVA tokens using your Ledger wallet.
Here's a quick guide on how to stake KAVA using your Ledger wallet:
1. Install the Keplr browser extension. You can get it here: https://wallet.keplr.app/
2. Select "Import Ledger" and follow the on-screen instructions.
3. Go to the KAVA section and click on "Stake".
4. From the validator list, find Stake and Stack and click on "Manage".
5. Enter the amount you want to stake and click "Delegate".
By following these steps, you can successfully stake your KAVA tokens using your Ledger wallet.
What is Kava staking?
Kava staking refers to the process of securing and validating the Kava network, a decentralized bank
in the Cosmos ecosystem, by locking up KAVA tokens. This can be achieved by users either validating
transactions themselves or delegating their tokens to a third-party validator.
In return for their participation, users earn rewards in the form of KAVA tokens. These rewards, accrued in real-time, can be used for transaction fees on the Kava platform or exchanged for other cryptocurrencies. Staking not only helps secure the network and ensure its stability but also allows users to actively contribute to the platform's operations and earn returns on their staked tokens.
To stake KAVA, users deposit their tokens into a staking pool and select a validator node to delegate their stake. This node is then responsible for validating transactions on the network and receiving rewards for its work. The rewards are distributed proportionally among all stakers based on their stake amount, enabling all participants to share in the benefits of maintaining the network.
In return for their participation, users earn rewards in the form of KAVA tokens. These rewards, accrued in real-time, can be used for transaction fees on the Kava platform or exchanged for other cryptocurrencies. Staking not only helps secure the network and ensure its stability but also allows users to actively contribute to the platform's operations and earn returns on their staked tokens.
To stake KAVA, users deposit their tokens into a staking pool and select a validator node to delegate their stake. This node is then responsible for validating transactions on the network and receiving rewards for its work. The rewards are distributed proportionally among all stakers based on their stake amount, enabling all participants to share in the benefits of maintaining the network.
What is the current APY for Kava staking?
Staking on the Kava network allows validators and delegators to contribute to the ongoing operation of
the blockchain and receive newly minted KAVA as rewards. The rate at which these new tokens are
created annually is the inflation rate, currently around 59.5%.
The Annual Percentage Yield (APY)—the average Return on Investment (ROI)—is determined by both the current staking rate and the inflation rate. Currently, the APY for staking KAVA ranges approximately from 13.0% to 26.0%. Despite the high inflation rate, the APY is lower because a significant portion of the annual inflation is allocated to the community pool for developer incentives in the Kava ecosystem. Please note, these rates are subject to change with future proposals and votes.
The Annual Percentage Yield (APY)—the average Return on Investment (ROI)—is determined by both the current staking rate and the inflation rate. Currently, the APY for staking KAVA ranges approximately from 13.0% to 26.0%. Despite the high inflation rate, the APY is lower because a significant portion of the annual inflation is allocated to the community pool for developer incentives in the Kava ecosystem. Please note, these rates are subject to change with future proposals and votes.
Is there a minimum amount required to stake KAVA?
There is no minimum staking amount when it comes to staking KAVA with Stake and Stack. You can start
staking even with just 0.1 KAVA. However, it's important to remember that there are transaction fees
involved in the process of delegating to a validator and claiming your rewards. So, regardless of the
size of your stake, everyone is welcome to participate in securing the Kava network while earning
rewards for their contribution.
How can I stake my KAVA with Stake and Stack?
To stake your KAVA with Stake and Stack, you could either use a wallet that you're comfortable with or
follow the guidance provided in our 'Staking Guide & Instructions'.
If you're comfortable with handling personal wallets, simply use the staking function within your wallet, find Stake and Stack on the validator list.
If you're uncertain about setting up your wallet, we suggest choosing the wallet used in the 'Staking Guide & Instructions' section. This guide offers a straightforward procedure for setting up a wallet and initiating staking.
If you're comfortable with handling personal wallets, simply use the staking function within your wallet, find Stake and Stack on the validator list.
If you're uncertain about setting up your wallet, we suggest choosing the wallet used in the 'Staking Guide & Instructions' section. This guide offers a straightforward procedure for setting up a wallet and initiating staking.
How long does it take to stake and unstake KAVA?
Staking KAVA involves selecting a validator and delegating a portion of your assets to contribute to
their voting power. In exchange, you receive a portion of the rewards generated from block production.
The staking process can typically be completed within minutes, depending on the wallet and interface
you're using.
When you decide to unstake or undelegate your KAVA, there's an unbonding period of 21 days. During this time, your assets are held in a non-transferable state. Once the unbonding period is over, your assets become available for transfer or re-delegation. It's important to note that during the unbonding period, you do not earn staking rewards.
When you decide to unstake or undelegate your KAVA, there's an unbonding period of 21 days. During this time, your assets are held in a non-transferable state. Once the unbonding period is over, your assets become available for transfer or re-delegation. It's important to note that during the unbonding period, you do not earn staking rewards.
Who controls my KAVA after I stake it?
When you stake your KAVA, you retain full ownership and control over your tokens. Validators, to whom
you delegate your tokens, cannot access or control your KAVA. However, your staked KAVA is locked and
can't be transferred immediately. If you decide to unstake your KAVA, there's a 21-day unbonding
period during which your tokens remain non-transferable. After this period, your tokens become
available for transfer or re-delegation. This process ensures network security while maintaining user
control over their assets.
Will I still have access to my staked tokens?
Yes, you do maintain full control and access to your staked KAVA at all times. However, your staked
KAVA is locked and can't be transferred immediately. If you decide to unstake your KAVA, there's a
21-day unbonding period during which your tokens remain non-transferable. After this period, your
tokens become available for transfer or re-delegation. This process ensures network security while
maintaining user control over their assets.
Can my staked KAVA be slashed, seized or destroyed?
Staking KAVA does come with certain risks, mainly stemming from validator misbehavior, including
double signing and prolonged downtime.
Double signing refers to a validator equivocating about the state of the blockchain. If a validator commits this act, it comes with a slashing penalty of 5%, meaning both the validator and their delegators can lose up to 5% of their staked KAVA. However, this event is relatively rare.
Downtime, on the other hand, pertains to a validator going offline for a prolonged period. The penalty for this misbehavior is 0.05% of the staked KAVA.
When you delegate your KAVA to a validator like Stake and Stack, they manage these risks on your behalf, making the staking process less worrisome.
Double signing refers to a validator equivocating about the state of the blockchain. If a validator commits this act, it comes with a slashing penalty of 5%, meaning both the validator and their delegators can lose up to 5% of their staked KAVA. However, this event is relatively rare.
Downtime, on the other hand, pertains to a validator going offline for a prolonged period. The penalty for this misbehavior is 0.05% of the staked KAVA.
When you delegate your KAVA to a validator like Stake and Stack, they manage these risks on your behalf, making the staking process less worrisome.
Can I lose potential staking rewards?
Yes, potential staking rewards can be at risk due to several factors:
1. Unbonding Risk: When you decide to unstake your KAVA, it involves a 21-day waiting period before your tokens become liquid again. During this period, you're not earning any staking rewards. It's important to plan your financial activities and be aware of this lock-up period if you anticipate needing to liquidate your assets in the near future.
2. Active Set Risk: Your staking rewards could also be at risk if your validator performs poorly, gets slashed, or falls out of the top 100 validators. In such a case, you could lose out on staking rewards. It's recommended to frequently monitor your validator's performance, ensure they're active, and check if they have not significantly raised their commission fees.
3. Protocol Security Risk: Finally, like any other blockchain protocol, KAVA has an inherent risk of unknown bugs. These could potentially disrupt the network operations and consequently your staking rewards. This risk is part of the broader risk landscape when investing in or staking KAVA.
Hence, while staking KAVA offers a means to earn rewards, it is not without its risks and requires a degree of active monitoring and planning.
1. Unbonding Risk: When you decide to unstake your KAVA, it involves a 21-day waiting period before your tokens become liquid again. During this period, you're not earning any staking rewards. It's important to plan your financial activities and be aware of this lock-up period if you anticipate needing to liquidate your assets in the near future.
2. Active Set Risk: Your staking rewards could also be at risk if your validator performs poorly, gets slashed, or falls out of the top 100 validators. In such a case, you could lose out on staking rewards. It's recommended to frequently monitor your validator's performance, ensure they're active, and check if they have not significantly raised their commission fees.
3. Protocol Security Risk: Finally, like any other blockchain protocol, KAVA has an inherent risk of unknown bugs. These could potentially disrupt the network operations and consequently your staking rewards. This risk is part of the broader risk landscape when investing in or staking KAVA.
Hence, while staking KAVA offers a means to earn rewards, it is not without its risks and requires a degree of active monitoring and planning.
Are staking rewards liquid or automatically staked (compounded)?
Staking rewards on the Kava network are not automatically staked (compounded). They are liquid, which
means that they are not immediately added to your staked balance. This allows you to decide what to do
with them. However, if you want to take advantage of compounding, you can choose to re-stake your
rewards manually.
Compounding involves reinvesting your earned rewards back into the staking pool, which allows your investment to grow faster over time due to the power of compound interest. In other words, not only does your initial investment generate earnings, but also the accumulated rewards from previous periods contribute to your earning potential.
Some wallet services offer functions such as 'Compounding', 'Re-stake', or 'Re-invest' to facilitate this process. By using these options, your staking rewards can be compounded, effectively increasing your potential earnings over time. Stake and Stack supports these compounding options.
Compounding involves reinvesting your earned rewards back into the staking pool, which allows your investment to grow faster over time due to the power of compound interest. In other words, not only does your initial investment generate earnings, but also the accumulated rewards from previous periods contribute to your earning potential.
Some wallet services offer functions such as 'Compounding', 'Re-stake', or 'Re-invest' to facilitate this process. By using these options, your staking rewards can be compounded, effectively increasing your potential earnings over time. Stake and Stack supports these compounding options.
How frequently are staking rewards distributed?
Kava staking rewards are distributed frequently and in real-time. They are generated and accrued with
each new block creation on the network, which occurs approximately every 7 seconds. This means your
rewards are constantly growing as the network operates, allowing for a continuous stream of income
from your staked KAVA.
What is the validator fee for staking with Stake and Stack?
When staking with Stake and Stack, the validator commission, or service fee, is a part of the staking
process. This fee is charged to each account utilizing our staking services. Importantly, this fee is
deducted from the rewards generated by staking, not from the staked funds themselves. It's already
factored into the ROI.
The base fee for staking KAVA with Stake and Stack is 10% of the rewards. However, we provide numerous benefits to our clients. For instance, we offer Custom Fee Discounts. These are automatic discounts applied based on the amount of your stake and the staking duration, enabling you to enjoy lower fees as your stake increases or as you stake for longer periods. Moreover, we have the SaS Club Membership. This is a tiered membership program that applies uniformly across all networks we support. The program provides additional privileges and discounts to our loyal customers, with the highest membership tier even offering up to 100% fee discounts—that's right, potentially no fees at all! For more details about our Custom Fee Discounts and SaS Club Membership, please visit the corresponding pages on our website.
The base fee for staking KAVA with Stake and Stack is 10% of the rewards. However, we provide numerous benefits to our clients. For instance, we offer Custom Fee Discounts. These are automatic discounts applied based on the amount of your stake and the staking duration, enabling you to enjoy lower fees as your stake increases or as you stake for longer periods. Moreover, we have the SaS Club Membership. This is a tiered membership program that applies uniformly across all networks we support. The program provides additional privileges and discounts to our loyal customers, with the highest membership tier even offering up to 100% fee discounts—that's right, potentially no fees at all! For more details about our Custom Fee Discounts and SaS Club Membership, please visit the corresponding pages on our website.
Are there any ways to receive a discount on the validator fee?
Yes, Stake and Stack offers ways to receive discounts on validator fees.
We offer a program called Custom Fee Discounts which automatically applies discounts based on the amount staked and the staking duration. This means the more you stake or the longer you stake, the lower your fee can be.
Additionally, we have the SaS Club Membership, a tiered membership program that applies across all networks we support. It offers additional privileges and fee discounts to our loyal customers, and the highest membership tier can even provide up to 100% fee discounts—that's potentially zero fees!
For more detailed information about our Custom Fee Discounts and SaS Club Membership, please visit the corresponding sections on our website.
We offer a program called Custom Fee Discounts which automatically applies discounts based on the amount staked and the staking duration. This means the more you stake or the longer you stake, the lower your fee can be.
Additionally, we have the SaS Club Membership, a tiered membership program that applies across all networks we support. It offers additional privileges and fee discounts to our loyal customers, and the highest membership tier can even provide up to 100% fee discounts—that's potentially zero fees!
For more detailed information about our Custom Fee Discounts and SaS Club Membership, please visit the corresponding sections on our website.
Can you provide some useful Kava-related links?
Sure, here are some useful links related to Kava:
These links should help you navigate the Kava ecosystem more effectively.
Official links
What is Akash Network?
Akash Network is a decentralized cloud computing marketplace connecting users with available computing
resources. Built on Tendermint and Cosmos SDK, it provides a unified platform with flexibility, cost
advantage, and performance benefits. The native Akash token (AKT) ensures financial security, and the
platform aims to foster a more decentralized web.
What is AKT?
Akash Network Token (AKT) is the native utility token of the Akash Network, an open-source and
decentralized cloud computing platform designed to make it easier, cheaper, and more secure for
developers to deploy applications. The Akash Network uses a unique blockchain-based auction system to
achieve the lowest possible price for cloud hosting services.
AKT serves several key functions within the Akash ecosystem:
1. Governance: AKT token holders can propose, vote on, and implement changes to the network. This allows the community to directly influence the network's development and future direction.
2. Securing the Network: AKT is used as a staking token. Validators in the network are required to stake AKT as collateral to participate in the block production and transaction validation processes.
3. Incentivization: AKT tokens are used to incentivize various network participants. For instance, validators are rewarded with AKT for maintaining the network and developers can earn AKT by building on Akash.
4. Storing and Exchanging Value: AKT serves as the default currency for all transactions within the Akash Network. It can be used to pay for cloud computing resources or earned by leasing out idle compute capacity.
As the native utility token, AKT plays a crucial role in maintaining and operating the Akash Network. It aligns the incentives of all network participants, making the ecosystem more robust and resilient.
AKT serves several key functions within the Akash ecosystem:
1. Governance: AKT token holders can propose, vote on, and implement changes to the network. This allows the community to directly influence the network's development and future direction.
2. Securing the Network: AKT is used as a staking token. Validators in the network are required to stake AKT as collateral to participate in the block production and transaction validation processes.
3. Incentivization: AKT tokens are used to incentivize various network participants. For instance, validators are rewarded with AKT for maintaining the network and developers can earn AKT by building on Akash.
4. Storing and Exchanging Value: AKT serves as the default currency for all transactions within the Akash Network. It can be used to pay for cloud computing resources or earned by leasing out idle compute capacity.
As the native utility token, AKT plays a crucial role in maintaining and operating the Akash Network. It aligns the incentives of all network participants, making the ecosystem more robust and resilient.
Where's the best place to buy AKT?
You can purchase AKT tokens, represented by the symbol AKT, on most major cryptocurrency exchanges.
For a list of some of the most popular exchanges where AKT is available, you can check the 'Don't have
AKT?' section on our Akash Network page.
How can I create a Akash Network wallet?
There are numerous wallets available for Akash Network. You can find a list of some of the most
popular ones in the 'Supported Wallets' section of our Akash Network page.
The wallets are categorized into App, Web, and Hardware types, so you can select the one that best suits your needs.
If you're unsure about using your own wallet and are interested in staking, we recommend opting for one of the wallets presented in the 'Staking Guide & Instructions' section. Following these instructions will significantly simplify the process of creating a wallet and starting to stake, as all the steps are clearly outlined for you.
The wallets are categorized into App, Web, and Hardware types, so you can select the one that best suits your needs.
If you're unsure about using your own wallet and are interested in staking, we recommend opting for one of the wallets presented in the 'Staking Guide & Instructions' section. Following these instructions will significantly simplify the process of creating a wallet and starting to stake, as all the steps are clearly outlined for you.
Which wallet do you recommend for staking AKT?
We recommend using the wallets listed in the 'Supported Wallets' section on our Akash Network page for
staking AKT. If you're uncertain about setting up your own wallet, we suggest choosing the wallet used
in the 'Staking Guide & Instructions' section. This guide provides a clear, step-by-step process for
creating a wallet and initiating staking.
Can I stake my AKT using a Ledger wallet?
Yes, you can stake your AKT tokens using a Ledger wallet. Currently, Ledger Live does not fully
support AKT, but you can import your Ledger wallet into another compatible wallet to stake your AKT.
Essentially, this means you can stake AKT held on your Ledger, but you cannot stake directly from the
Ledger Live app as you can with other networks like Tezos. You can securely delegate your AKT tokens
to Stake and Stack to earn passive rewards.
Here's a quick guide on how to stake AKT using your Ledger wallet:
1. Install the Keplr browser extension. You can get it here: https://wallet.keplr.app/
2. Select "Import Ledger" and follow the on-screen instructions.
3. Go to the AKT section and click on "Stake".
4. From the validator list, find Stake and Stack and click on "Manage".
5. Enter the amount you want to stake and click "Delegate".
By following these steps, you can successfully stake your AKT tokens using your Ledger wallet.
Here's a quick guide on how to stake AKT using your Ledger wallet:
1. Install the Keplr browser extension. You can get it here: https://wallet.keplr.app/
2. Select "Import Ledger" and follow the on-screen instructions.
3. Go to the AKT section and click on "Stake".
4. From the validator list, find Stake and Stack and click on "Manage".
5. Enter the amount you want to stake and click "Delegate".
By following these steps, you can successfully stake your AKT tokens using your Ledger wallet.
What is Akash Network staking?
Akash Network staking involves securing the network by locking up AKT tokens. Stakeholders participate
by either validating transactions themselves or delegating their tokens to a validator, like Stake and
Stack.
Staking AKT gives participants a part in the network's decentralized governance and the ability to earn Akash rewards, which are paid out per block. Participants can choose to either withdraw or compound these rewards. The AKT token is inflationary, with the APY varying based on the staking ratio.
Please be aware of potential risks, which include slashing if a validator misbehaves and a 21-day unbonding period when unstaking AKT. During this time, users cannot withdraw tokens or earn rewards. Despite these risks, staking plays a key role in securing the Akash Network and provides an opportunity to earn returns.
Staking AKT gives participants a part in the network's decentralized governance and the ability to earn Akash rewards, which are paid out per block. Participants can choose to either withdraw or compound these rewards. The AKT token is inflationary, with the APY varying based on the staking ratio.
Please be aware of potential risks, which include slashing if a validator misbehaves and a 21-day unbonding period when unstaking AKT. During this time, users cannot withdraw tokens or earn rewards. Despite these risks, staking plays a key role in securing the Akash Network and provides an opportunity to earn returns.
What is the current APY for Akash Network staking?
Staking on the Akash Network allows validators and delegators to contribute to the ongoing operation
of the blockchain and receive newly minted AKT as rewards. The rate at which these new tokens are
created annually is the inflation rate, currently around 7.58%.
The Annual Percentage Yield (APY)—the average Return on Investment (ROI)—is determined by both the current staking rate and the inflation rate. Currently, the APY for staking AKT ranges approximately from 10.0% to 12.0%.
The Annual Percentage Yield (APY)—the average Return on Investment (ROI)—is determined by both the current staking rate and the inflation rate. Currently, the APY for staking AKT ranges approximately from 10.0% to 12.0%.
Is there a minimum amount required to stake AKT?
There is no minimum staking amount when it comes to staking AKT with Stake and Stack. You can start
staking even with just 0.1 AKT. However, it's important to remember that there are transaction fees
involved in the process of delegating to a validator and claiming your rewards. So, regardless of the
size of your stake, everyone is welcome to participate in securing the Akash Network while earning
rewards for their contribution.
How can I stake my AKT with Stake and Stack?
To stake your AKT with Stake and Stack, you could either use a wallet that you're comfortable with or
follow the guidance provided in our 'Staking Guide & Instructions'.
If you're comfortable with handling personal wallets, simply use the staking function within your wallet, find Stake and Stack on the validator list.
If you're uncertain about setting up your wallet, we suggest choosing the wallet used in the 'Staking Guide & Instructions' section. This guide offers a straightforward procedure for setting up a wallet and initiating staking.
If you're comfortable with handling personal wallets, simply use the staking function within your wallet, find Stake and Stack on the validator list.
If you're uncertain about setting up your wallet, we suggest choosing the wallet used in the 'Staking Guide & Instructions' section. This guide offers a straightforward procedure for setting up a wallet and initiating staking.
How long does it take to stake and unstake AKT?
Staking AKT involves selecting a validator and delegating a portion of your assets to contribute to
their voting power. In exchange, you receive a portion of the rewards generated from block production.
The staking process can typically be completed within minutes, depending on the wallet and interface
you're using.
When you decide to unstake or undelegate your AKT, there's an unbonding period of 21 days. During this time, your assets are held in a non-transferable state. Once the unbonding period is over, your assets become available for transfer or re-delegation. It's important to note that during the unbonding period, you do not earn staking rewards.
When you decide to unstake or undelegate your AKT, there's an unbonding period of 21 days. During this time, your assets are held in a non-transferable state. Once the unbonding period is over, your assets become available for transfer or re-delegation. It's important to note that during the unbonding period, you do not earn staking rewards.
Who controls my AKT after I stake it?
When you stake your AKT, you retain full ownership and control over your tokens. Validators, to whom
you delegate your tokens, cannot access or control your AKT. However, your staked AKT is locked and
can't be transferred immediately. If you decide to unstake your AKT, there's a 21-day unbonding period
during which your tokens remain non-transferable. After this period, your tokens become available for
transfer or re-delegation. This process ensures network security while maintaining user control over
their assets.
Will I still have access to my staked tokens?
Yes, you do maintain full control and access to your staked AKT at all times. However, your staked AKT
is locked and can't be transferred immediately. If you decide to unstake your AKT, there's a 21-day
unbonding period during which your tokens remain non-transferable. After this period, your tokens
become available for transfer or re-delegation. This process ensures network security while
maintaining user control over their assets.
Can my staked AKT be slashed, seized or destroyed?
Yes, your staked AKT can be slashed if the validator you've delegated to behaves maliciously or
exhibits poor performance. Slashing happens under two scenarios:
1. Downtime Slashing (Liveness Fault): If a validator is offline for around 16.5 hours (assuming 6.25s block times), 0.01% of the staked AKT gets slashed.
2. Double-Sign Slashing: If a validator validates the same block twice (due to malicious intent or poor setup), 5% of the staked AKT gets slashed.
Please note that there's also a 21-day lock-up period when unstaking AKT. During this period, your AKT is still subject to slashing risks.
It's essential to delegate your AKT to a professional and trusted validator, like Stake and Stack, to minimize these risks. Always do your due diligence when selecting a validator.
1. Downtime Slashing (Liveness Fault): If a validator is offline for around 16.5 hours (assuming 6.25s block times), 0.01% of the staked AKT gets slashed.
2. Double-Sign Slashing: If a validator validates the same block twice (due to malicious intent or poor setup), 5% of the staked AKT gets slashed.
Please note that there's also a 21-day lock-up period when unstaking AKT. During this period, your AKT is still subject to slashing risks.
It's essential to delegate your AKT to a professional and trusted validator, like Stake and Stack, to minimize these risks. Always do your due diligence when selecting a validator.
Can I lose potential staking rewards?
Yes, potential staking rewards can be at risk due to several factors:
Unbonding Risk: When you decide to unstake your AKT, it involves a 21-day waiting period before your tokens become liquid again. During this period, you're not earning any staking rewards. It's important to plan your financial activities and be aware of this lock-up period if you anticipate needing to liquidate your assets in the near future.
Active Set Risk: Your staking rewards could also be at risk if your validator performs poorly, gets slashed, or falls out of the top 100 validators. In such a case, you could lose out on staking rewards. It's recommended to frequently monitor your validator's performance, ensure they're active, and check if they have not significantly raised their commission fees.
Protocol Security Risk: Finally, like any other blockchain protocol, AKT has an inherent risk of unknown bugs. These could potentially disrupt the network operations and consequently your staking rewards. This risk is part of the broader risk landscape when investing in or staking AKT.
Hence, while staking AKT offers a means to earn rewards, it is not without its risks and requires a degree of active monitoring and planning.
Unbonding Risk: When you decide to unstake your AKT, it involves a 21-day waiting period before your tokens become liquid again. During this period, you're not earning any staking rewards. It's important to plan your financial activities and be aware of this lock-up period if you anticipate needing to liquidate your assets in the near future.
Active Set Risk: Your staking rewards could also be at risk if your validator performs poorly, gets slashed, or falls out of the top 100 validators. In such a case, you could lose out on staking rewards. It's recommended to frequently monitor your validator's performance, ensure they're active, and check if they have not significantly raised their commission fees.
Protocol Security Risk: Finally, like any other blockchain protocol, AKT has an inherent risk of unknown bugs. These could potentially disrupt the network operations and consequently your staking rewards. This risk is part of the broader risk landscape when investing in or staking AKT.
Hence, while staking AKT offers a means to earn rewards, it is not without its risks and requires a degree of active monitoring and planning.
Are staking rewards liquid or automatically staked (compounded)?
Staking rewards on the Akash Network are not automatically staked (compounded). They are liquid, which
means that they are not immediately added to your staked balance. This allows you to decide what to do
with them. However, if you want to take advantage of compounding, you can choose to re-stake your
rewards manually.
Compounding involves reinvesting your earned rewards back into the staking pool, which allows your investment to grow faster over time due to the power of compound interest. In other words, not only does your initial investment generate earnings, but also the accumulated rewards from previous periods contribute to your earning potential.
Some wallet services offer functions such as 'Compounding', 'Re-stake', or 'Re-invest' to facilitate this process. By using these options, your staking rewards can be compounded, effectively increasing your potential earnings over time. Stake and Stack supports these compounding options.
Compounding involves reinvesting your earned rewards back into the staking pool, which allows your investment to grow faster over time due to the power of compound interest. In other words, not only does your initial investment generate earnings, but also the accumulated rewards from previous periods contribute to your earning potential.
Some wallet services offer functions such as 'Compounding', 'Re-stake', or 'Re-invest' to facilitate this process. By using these options, your staking rewards can be compounded, effectively increasing your potential earnings over time. Stake and Stack supports these compounding options.
How frequently are staking rewards distributed?
Akash Network staking rewards are distributed frequently and in real-time. They are generated and
accrued with each new block creation on the network, which occurs approximately every 7 seconds. This
means your rewards are constantly growing as the network operates, allowing for a continuous stream of
income from your staked AKT.
What is the validator fee for staking with Stake and Stack?
When staking with Stake and Stack, the validator commission, or service fee, is a part of the staking
process. This fee is charged to each account utilizing our staking services. Importantly, this fee is
deducted from the rewards generated by staking, not from the staked funds themselves. It's already
factored into the ROI.
The base fee for staking AKT with Stake and Stack is 10% of the rewards. However, we provide numerous benefits to our clients.
For instance, we offer Custom Fee Discounts. These are automatic discounts applied based on the amount of your stake and the staking duration, enabling you to enjoy lower fees as your stake increases or as you stake for longer periods.
Moreover, we have the SaS Club Membership. This is a tiered membership program that applies uniformly across all networks we support. The program provides additional privileges and discounts to our loyal customers, with the highest membership tier even offering up to 100% fee discounts—that's right, potentially no fees at all!
For more details about our Custom Fee Discounts and SaS Club Membership, please visit the corresponding pages on our website.
The base fee for staking AKT with Stake and Stack is 10% of the rewards. However, we provide numerous benefits to our clients.
For instance, we offer Custom Fee Discounts. These are automatic discounts applied based on the amount of your stake and the staking duration, enabling you to enjoy lower fees as your stake increases or as you stake for longer periods.
Moreover, we have the SaS Club Membership. This is a tiered membership program that applies uniformly across all networks we support. The program provides additional privileges and discounts to our loyal customers, with the highest membership tier even offering up to 100% fee discounts—that's right, potentially no fees at all!
For more details about our Custom Fee Discounts and SaS Club Membership, please visit the corresponding pages on our website.
Are there any ways to receive a discount on the validator fee?
Yes, Stake and Stack offers ways to receive discounts on validator fees.
We offer a program called Custom Fee Discounts which automatically applies discounts based on the amount staked and the staking duration. This means the more you stake or the longer you stake, the lower your fee can be.
Additionally, we have the SaS Club Membership, a tiered membership program that applies across all networks we support. It offers additional privileges and fee discounts to our loyal customers, and the highest membership tier can even provide up to 100% fee discounts—that's potentially zero fees!
For more detailed information about our Custom Fee Discounts and SaS Club Membership, please visit the corresponding sections on our website.
We offer a program called Custom Fee Discounts which automatically applies discounts based on the amount staked and the staking duration. This means the more you stake or the longer you stake, the lower your fee can be.
Additionally, we have the SaS Club Membership, a tiered membership program that applies across all networks we support. It offers additional privileges and fee discounts to our loyal customers, and the highest membership tier can even provide up to 100% fee discounts—that's potentially zero fees!
For more detailed information about our Custom Fee Discounts and SaS Club Membership, please visit the corresponding sections on our website.
Can you provide some useful Akash Network-related links?
Sure, here are some useful links related to Akash Network:
These links should help you navigate the Akash Network ecosystem more effectively.
Official links
What is Solana?
Solana is a blockchain built for mass adoption. It's a high performance network that is utilized for a
range of use cases, including finance, NFTs, payments, and gaming. Solana operates as a single global
state machine, and is open, interoperable and decentralized.
What is SOL?
Solana's native cryptocurrency is called SOL. SOL is a utility token that is used to pay for
transaction fees incurred when making transfers or interacting with smart contracts on the Solana
network.
SOL operates on the Solana Program Library (SPL) protocol. This allows developers to build smart contracts and create projects based on the Solana blockchain, similar to how they would on Ethereum.
The two primary use cases for the SOL token are:
1. Transaction Fees: SOL is used to pay for transaction fees when users interact with the network or smart contracts.
2. Staking: SOL is also used in staking as part of Solana's Proof of Stake consensus mechanism. Users can stake their SOL tokens to help secure the network and, in return, earn rewards.
SOL operates on the Solana Program Library (SPL) protocol. This allows developers to build smart contracts and create projects based on the Solana blockchain, similar to how they would on Ethereum.
The two primary use cases for the SOL token are:
1. Transaction Fees: SOL is used to pay for transaction fees when users interact with the network or smart contracts.
2. Staking: SOL is also used in staking as part of Solana's Proof of Stake consensus mechanism. Users can stake their SOL tokens to help secure the network and, in return, earn rewards.
Where's the best place to buy SOL?
You can purchase Solana tokens, represented by the symbol SOL, on most major cryptocurrency exchanges.
For a list of some of the most popular exchanges where SOL is available, you can check the 'Don't have
SOL?' section on our Solana Network page.
How can I create a Solana wallet?
There are numerous wallets available for Solana. You can find a list of some of the most popular ones
in the 'Supported Wallets' section of our Solana Network page.
The wallets are categorized into App, Web, and Hardware types, so you can select the one that best suits your needs.
If you're unsure about using your own wallet and are interested in staking, we recommend opting for one of the wallets presented in the 'Staking Guide & Instructions' section. Following these instructions will significantly simplify the process of creating a wallet and starting to stake, as all the steps are clearly outlined for you.
The wallets are categorized into App, Web, and Hardware types, so you can select the one that best suits your needs.
If you're unsure about using your own wallet and are interested in staking, we recommend opting for one of the wallets presented in the 'Staking Guide & Instructions' section. Following these instructions will significantly simplify the process of creating a wallet and starting to stake, as all the steps are clearly outlined for you.
Which wallet do you recommend for staking SOL?
We recommend using the wallets listed in the 'Supported Wallets' section on our Solana Network page
for staking SOL. If you're uncertain about setting up your own wallet, we suggest choosing the wallet
used in the 'Staking Guide & Instructions' section. This guide provides a clear, step-by-step process
for creating a wallet and initiating staking.
Can I stake my SOL using a Ledger wallet?
Yes, you can indeed stake SOL using a Ledger wallet. By utilizing the Ledger Live app, you can
securely delegate your Solana to Stake and Stack and start earning rewards passively.
For more information, see the link below.
https://www.ledger.com/staking/ledger-node/solana
For more information, see the link below.
https://www.ledger.com/staking/ledger-node/solana
What is Solana staking?
Staking is the process by which a SOL token holder (such as someone who purchased SOL tokens on an
exchange) assigns some or all of their tokens to a particular validator or validators, which helps
increase those validators’ voting weight. Assigning your tokens to add to a validator’s stake-weight
is known as “delegating” your tokens. Delegating your tokens to a validator does NOT give the
validator ownership or control over your tokens. At all times, you still control all your staked
tokens that you may have chosen to delegate.
By staking tokens with a validator or validators, the token holder indicates a degree of trust in the validator they chose to delegate to. As validators amass larger amounts of stake delegations from different token holders, this acts as “proof” to the network that the validator’s consensus votes are trustworthy, and their votes are therefore weighted proportionally to the amount of stake the validator has attracted. By weighing the collective votes from all validators against the proportion of stake that has been delegated to them, the network reaches consensus by this Proof of Stake.
By staking tokens with a validator or validators, the token holder indicates a degree of trust in the validator they chose to delegate to. As validators amass larger amounts of stake delegations from different token holders, this acts as “proof” to the network that the validator’s consensus votes are trustworthy, and their votes are therefore weighted proportionally to the amount of stake the validator has attracted. By weighing the collective votes from all validators against the proportion of stake that has been delegated to them, the network reaches consensus by this Proof of Stake.
What is the current APY for Solana staking?
Solana's staking rewards follow an inflationary model with the following parameters: an Initial
Inflation Rate of 8%, a Dis-inflation Rate of -15% per year, and a Long-term Inflation Rate of 1.5%.
However, the actual Annual Percentage Yield (APY) for staking is primarily influenced by the fraction
of SOL staked on the network.
While the total amount of staked SOL can vary, it influences the expected staking yield. Please note, the idealized staking yield does not account for validator uptime, commissions, potential yield throttling, or possible slashing incidents, and the percentage of staked SOL is expected to change over time.
Currently, the APY for staking on Solana is approximately between 6.0% and 8.0%. It's essential to bear in mind these rates are estimates and can vary based on multiple factors.
While the total amount of staked SOL can vary, it influences the expected staking yield. Please note, the idealized staking yield does not account for validator uptime, commissions, potential yield throttling, or possible slashing incidents, and the percentage of staked SOL is expected to change over time.
Currently, the APY for staking on Solana is approximately between 6.0% and 8.0%. It's essential to bear in mind these rates are estimates and can vary based on multiple factors.
Is there a minimum amount required to stake SOL?
There is no minimum staking amount when it comes to staking SOL with Stake and Stack. You can start
staking even with just 0.01 SOL. However, it's important to remember that there are transaction fees
involved in the process of delegating to a validator and claiming your rewards. So, regardless of the
size of your stake, everyone is welcome to participate in securing the Solana network while earning
rewards for their contribution.
How can I stake my SOL with Stake and Stack?
To stake your SOL with Stake and Stack, you could either use a wallet that you're comfortable with or
follow the guidance provided in our 'Staking Guide & Instructions'.
If you're comfortable with handling personal wallets, simply use the staking function within your wallet, find Stake and Stack on the validator list.
If you're uncertain about setting up your wallet, we suggest choosing the wallet used in the 'Staking Guide & Instructions' section. This guide offers a straightforward procedure for setting up a wallet and initiating staking.
If you're comfortable with handling personal wallets, simply use the staking function within your wallet, find Stake and Stack on the validator list.
If you're uncertain about setting up your wallet, we suggest choosing the wallet used in the 'Staking Guide & Instructions' section. This guide offers a straightforward procedure for setting up a wallet and initiating staking.
How long does it take to stake and unstake SOL?
Staking and unstaking SOL is not an instant process. When you delegate SOL, they are termed as
"activating" and do not start accruing rewards until they become fully active. Conversely, when you
undelegate SOL, they are referred to as "deactivating" and are not withdrawable until they are fully
deactivated.
The transition of tokens (either becoming active or inactive) only occurs at the beginning of a new epoch in the Solana protocol. An epoch on Solana lasts approximately 2 days. The timing of your delegation within the epoch doesn't matter; they only become active at the onset of the next epoch. This principle also applies to undelegating or deactivating a stake.
Note that there's a limit to how much total stake can change its state in a single epoch across the entire Solana network. A maximum of 25% of the total active stake can be activated or deactivated within a single epoch. If the activation or deactivation of stakes exceeds this limit in a single epoch, the remaining "activating" or "deactivating" stake will continue to transition into the next epoch.
In effect, while staking SOL typically spans a single epoch, unstaking SOL usually spans multiple epochs, taking around 5 days to fully deactivate. During this process, the unstaking tokens are not available for withdrawal.
The transition of tokens (either becoming active or inactive) only occurs at the beginning of a new epoch in the Solana protocol. An epoch on Solana lasts approximately 2 days. The timing of your delegation within the epoch doesn't matter; they only become active at the onset of the next epoch. This principle also applies to undelegating or deactivating a stake.
Note that there's a limit to how much total stake can change its state in a single epoch across the entire Solana network. A maximum of 25% of the total active stake can be activated or deactivated within a single epoch. If the activation or deactivation of stakes exceeds this limit in a single epoch, the remaining "activating" or "deactivating" stake will continue to transition into the next epoch.
In effect, while staking SOL typically spans a single epoch, unstaking SOL usually spans multiple epochs, taking around 5 days to fully deactivate. During this process, the unstaking tokens are not available for withdrawal.
Who controls my SOL after I stake it?
When you stake your SOL, you retain full ownership and control over your tokens. Validators, to whom
you delegate your tokens, cannot access or control your SOL. However, your staked SOL is locked and
can't be transferred immediately. If you decide to unstake your SOL, there's a 5-day unbonding period
during which your tokens remain non-transferable. After this period, your tokens become available for
transfer or re-delegation. This process ensures network security while maintaining user control over
their assets.
Will I still have access to my staked tokens?
Yes, you do maintain full control and access to your staked SOL at all times. However, your staked SOL
is locked and can't be transferred immediately. If you decide to unstake your SOL, there's a 5-day
unbonding period during which your tokens remain non-transferable. After this period, your tokens
become available for transfer or re-delegation. This process ensures network security while
maintaining user control over their assets.
Can my staked SOL be slashed, seized or destroyed?
Solana operates on a Proof-of-Stake (PoS) mechanism where "slashing" can occur. Slashing is a process
where a portion of the stake delegated to a validator is destroyed as a penalty for any malicious
actions by the validator. This mechanism encourages validators to behave correctly, as having less
stake delegated means they earn fewer rewards. Slashing can also pose reputational risks for
validators, affecting their ability to retain or attract future stakes.
While slashing is a potential risk, it's important to note that on Solana, slashing is not automatic. If a validator acts maliciously and causes the network to halt, they can be slashed upon the network's restart.
As a token holder, slashing could potentially lead to a loss if you have delegated your tokens to a validator that gets slashed. Therefore, it's crucial to delegate your tokens to validators who have established a reputation for being trustworthy. It's also a good practice not to delegate all your tokens to a single or a small number of validators to distribute the risk.
While slashing is a potential risk, it's important to note that on Solana, slashing is not automatic. If a validator acts maliciously and causes the network to halt, they can be slashed upon the network's restart.
As a token holder, slashing could potentially lead to a loss if you have delegated your tokens to a validator that gets slashed. Therefore, it's crucial to delegate your tokens to validators who have established a reputation for being trustworthy. It's also a good practice not to delegate all your tokens to a single or a small number of validators to distribute the risk.
Can I lose potential staking rewards?
Yes, it's possible to lose potential staking rewards in the following scenarios:
1. Validator Performance: The rewards you earn from staking SOL are contingent on the performance of the validator you delegate to. If this validator underperforms, is noncompliant, or goes offline, you may receive less staking rewards than expected.
2. Unbonding Period: When you decide to unstake SOL, there's a 5-day unbonding period during which your tokens are not earning rewards. This waiting period could result in missed earning potential, especially if the network's staking yield is high during that time.
3. Slashing Risks: Solana does not automatically slash validators for downtime, but slashing can occur if a validator behaves maliciously. Slashing destroys a portion of the validator's delegated stake, which also reduces the potential rewards for delegators. Hence, your staked SOL is at risk if the validator you delegated to is slashed.
Always remember that staking involves a level of risk, and it's important to choose a reputable validator for delegation. While staking SOL contributes to network security and decentralization, and can potentially provide notable rewards, these factors need to be taken into consideration.
1. Validator Performance: The rewards you earn from staking SOL are contingent on the performance of the validator you delegate to. If this validator underperforms, is noncompliant, or goes offline, you may receive less staking rewards than expected.
2. Unbonding Period: When you decide to unstake SOL, there's a 5-day unbonding period during which your tokens are not earning rewards. This waiting period could result in missed earning potential, especially if the network's staking yield is high during that time.
3. Slashing Risks: Solana does not automatically slash validators for downtime, but slashing can occur if a validator behaves maliciously. Slashing destroys a portion of the validator's delegated stake, which also reduces the potential rewards for delegators. Hence, your staked SOL is at risk if the validator you delegated to is slashed.
Always remember that staking involves a level of risk, and it's important to choose a reputable validator for delegation. While staking SOL contributes to network security and decentralization, and can potentially provide notable rewards, these factors need to be taken into consideration.
Are staking rewards liquid or automatically staked (compounded)?
In the Solana network, staking rewards are automatically compounded. This means that once the rewards
are distributed to your wallet at the end of each epoch, they're automatically added to your total
staked balance. Therefore, in subsequent epoches, you'll be earning rewards on an ever-increasing
stake amount. You don't need to claim or re-delegate your rewards - the system takes care of it all,
allowing your assets to grow passively.
How frequently are staking rewards distributed?
Staking rewards on the Solana network are distributed at the end of each epoch. An epoch on Solana is
roughly 2.4 days long. However, when you first delegate your tokens, they are considered "activating",
and they will not be eligible to earn rewards until the start of the next epoch.
Additionally, due to network rules that limit the amount of total stake that can change state in a single epoch (no more than 25% of the total active stake), if there's a high volume of stake activations, your stake might remain in "activating" state for an extra epoch. In such a case, your wait to start earning rewards might extend to approximately 5 days. Once activated, the stake begins earning rewards. If the activation takes multiple epochs, only the portion that becomes fully active at the first epoch boundary is eligible for rewards.
Additionally, due to network rules that limit the amount of total stake that can change state in a single epoch (no more than 25% of the total active stake), if there's a high volume of stake activations, your stake might remain in "activating" state for an extra epoch. In such a case, your wait to start earning rewards might extend to approximately 5 days. Once activated, the stake begins earning rewards. If the activation takes multiple epochs, only the portion that becomes fully active at the first epoch boundary is eligible for rewards.
What is the validator fee for staking with Stake and Stack?
When staking with Stake and Stack, the validator commission, or service fee, is a part of the staking
process. This fee is charged to each account utilizing our staking services. Importantly, this fee is
deducted from the rewards generated by staking, not from the staked funds themselves. It's already
factored into the ROI.
The base fee for staking Solana with Stake and Stack is 10% of the rewards. However, we provide numerous benefits to our clients.
For instance, we offer Custom Fee Discounts. These are automatic discounts applied based on the amount of your stake and the staking duration, enabling you to enjoy lower fees as your stake increases or as you stake for longer periods.
Moreover, we have the SaS Club Membership. This is a tiered membership program that applies uniformly across all networks we support. The program provides additional privileges and discounts to our loyal customers, with the highest membership tier even offering up to 100% fee discounts—that's right, potentially no fees at all!
For more details about our Custom Fee Discounts and SaS Club Membership, please visit the corresponding pages on our website.
The base fee for staking Solana with Stake and Stack is 10% of the rewards. However, we provide numerous benefits to our clients.
For instance, we offer Custom Fee Discounts. These are automatic discounts applied based on the amount of your stake and the staking duration, enabling you to enjoy lower fees as your stake increases or as you stake for longer periods.
Moreover, we have the SaS Club Membership. This is a tiered membership program that applies uniformly across all networks we support. The program provides additional privileges and discounts to our loyal customers, with the highest membership tier even offering up to 100% fee discounts—that's right, potentially no fees at all!
For more details about our Custom Fee Discounts and SaS Club Membership, please visit the corresponding pages on our website.
Are there any ways to receive a discount on the validator fee?
Yes, Stake and Stack offers ways to receive discounts on validator fees.
We offer a program called Custom Fee Discounts which automatically applies discounts based on the amount staked and the staking duration. This means the more you stake or the longer you stake, the lower your fee can be.
Additionally, we have the SaS Club Membership, a tiered membership program that applies across all networks we support. It offers additional privileges and fee discounts to our loyal customers, and the highest membership tier can even provide up to 100% fee discounts—that's potentially zero fees!
For more detailed information about our Custom Fee Discounts and SaS Club Membership, please visit the corresponding sections on our website.
We offer a program called Custom Fee Discounts which automatically applies discounts based on the amount staked and the staking duration. This means the more you stake or the longer you stake, the lower your fee can be.
Additionally, we have the SaS Club Membership, a tiered membership program that applies across all networks we support. It offers additional privileges and fee discounts to our loyal customers, and the highest membership tier can even provide up to 100% fee discounts—that's potentially zero fees!
For more detailed information about our Custom Fee Discounts and SaS Club Membership, please visit the corresponding sections on our website.
Can you provide some useful Solana Network-related links?
Sure, here are some useful links related to Solana:
These links should help you navigate the Akash Network ecosystem more effectively.
Official links