Fees 5.00 %
RewardsEvery block (around 6 seconds)
Lock-up period21 Days
CompoundingManual, delegator needs to claim and restake
Slashing risk• Downtime slashing (liveness fault): 0.01% of DSM slashed. It happens when the validator is down for approximately 10,000 blocks (about 16 hours) • Double sign slashing: 5% of DSM slashed. It happens if the validator tries to validate twice the same block (malicious behavior or poor set-up).
Desmos is a Proof-of-Stake (PoS) blockchain created for social networking applications. As a permissionless and censorship-resistant network, Desmos powers the development of user-centric social networks. To further connect decentralized social media with traditional networks, users can link their social media profiles, and Desmos provides on-chain proofs of identity. Additionally, users are incentivized via DSM to be actively involved in the networks. Desmos is built on the Cosmos SDK and is based on the Tendermint Consensus Engine. Desmos is an application-specific blockchain specifically created for social networking apps and projects. The network launched its Mainnet on the 31st of August 2021. DSM, which is Desmos native cryptocurrency, can be used to pay gas fees, participate in decentralized governance, and staked to earn yield. For more information about Desmos, have a look at our blog: https://blog.stakin.com/tag/desmos/
Learn about Desmos (DSM)
Why stake with us?• The team took part in testnet and Desmos Primer Program since Phase 3 in March 2020 • Stakin has been a genesis mainnet validator, participating since August 2021 • Stakin is dedicated to the Cosmos ecosystem. In addition to Desmos and Cosmos, Stakin supports 10+ networks in the Cosmos ecosystem and works on multiple testnet that are built on Tendermint • By delegating to Stakin, you contribute to network decentralization by choosing a smaller validator • We offer dedicated support for all your staking, unstaking, and network-related questions