Dock
APR 16.43%
mainnet
Fees 10.00 %
Market Cap$70,448,413Price$0.019
RewardsEvery 12 hours on average (every 1 era)
APR16.43%
Lock-up period7 days (14 eras)
CompoundingCompounding is automatic as rewards are sent to the delegator account, increasing its voting power.
Stakin proceeds to claim transactions every 15 days. Nominators can manually do a claim transaction if they wish to claim earlier. The process is fully non-custodial, and rewards are sent from the blockchain to the nominator’s address.
Slashing riskThere are 4 Levels of Slashing Risks on Dock
• Level 1: isolated unresponsiveness, i.e., being offline for an entire epoch (3 hours). Generally no slashing.
• Level 2: concurrent unresponsiveness (coordinated downtime) or isolated equivocation (double signing). A small amount of the stake is slashed (up to 1%) but ultimately dependent on how many nodes are simultaneously down. The validator is removed from the active set for the next epoch (chilling).
• Level 3: misconducts unlikely to be accidental, but which do not harm the network's security. Examples include concurrent equivocation or isolated cases of unjustified voting. Slashing up to 10%, followed by ‘chilling’.
• Level 4: misconduct that poses severe security or monetary risk to the system or mass collusion. Risk of the entire delegation being slashed, followed by ‘chilling.’
To mitigate downtime risks, Stakin uses a redundant infrastructure with 24/7 monitoring and alerting. Double signing risks are mitigated with a manual redundancy process, as most double signing occurs due to a deficient automated redundancy process.
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