What is staking?
By locking your cryptocurrencies into staking, you are rewarded by the protocol. Each Proof-of-Stake protocol has a different inflation rate through which you will earn interests on your holdings.
Staking is non-custodial, meaning that you keep possession of your own cryptocurrencies. You get to choose how you store these and are responsible for the security of your assets.
When you stake your tokens, you contribute to the security and decentralization of the network. The higher the percentage of tokens staked in the network, the harder it is to attack it.
Why stake with us?
Stakin leverages on the infrastructure of leading cloud and Tier 3 colocation providers so you don’t have to operate a node by yourself. We also use sentry nodes, HSMs, and live monitoring tools to ensure that our validation operations run with 99%+ uptime.
As a dedicated staking provider, we are completely aligned with the interest of our token holders. With our own digital assets also locked up, we are fully engaged towards the success of each of the protocols where we operate.
Our expertise goes far beyond running nodes. Stakin is very involved in governance debates and proposals. We also educate both crypto holders and non-crypto holders thanks to simple guides and non-technical how-tos. Staking with us helps us maintain our positive contributions.
Frequently Asked Questions
What is Proof-of-Stake?
Proof-of-Stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Unlike Proof-of-Work (PoW), where the algorithm rewards miners who solve mathematical problems with the goal of validating transactions and creating new blocks, in PoS-based cryptocurrencies, the creator of the next block is chosen via various combinations of random selection and wealth or age. One of the main advantages of Proof-of-Stake is energy efficiency since it is less computing power-intensive than Proof-of-Work.
What is delegation? Is there any risk?
Delegation is the process of assigning your Proof-of-Stake token rights to another account in order to receive the inflation rewards given by the different protocols. There is a slashing risk by delegating your rewards in some protocols. Make sure to conduct your own due diligence before choosing a delegation service. There is also the volatility risk. Cryptocurrencies are highly volatile investment products and for now, we do not offer any hedging solution.
Do I need to transfer the tokens?
No. One of the main advantages of staking is the fact that you keep custody of your funds. You can spend, withdraw or redelegate them at any time you want without limitations. In some protocols, delegating may lock up your tokens for a minimal amount of time before you’ll be able to change delegators or spend them. Nonetheless, the tokens remain entirely yours, which also means that you are responsible for the security of your holdings.
Why should I delegate my tokens?
Delegation allows you to earn rewards on your stake. If you don’t have the skills or minimum stake to become a validator, it allows you to earn the protocol inflation - minus a fee charged by your chosen validator. In addition, you can also benefit from compounding if you let your rewards into delegation.
I have more questions: how can I contact you?
You can contact us by email at email@example.com or directly on our social media or telegram.
Assets Under Delegation~$385,000,000