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What is staking?



Why stake with us?



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 hello@stakin.com or directly on our social media or telegram.
Assets Under Delegation~$385,000,000
Networks40
Stakers47,691