fb Stakin / Mina Validator


APR 11.67%
Fees 3.00 %
Public key(s)
Market Cap $410,604,509 Price$0.595
RewardsEvery active epoch (every 15 days on average)
APR 11.67%
Lock-up periodNo lock-up period; however, there is an activation period of 2 to 4 weeks before a delegation can earn rewards
CompoundingCompounding is automatic as rewards are automatically distributed every active epoch and restaked
Slashing riskNo slashing
Learn about Mina (MINA)
Mina Protocol is often referred to as the lightest blockchain in the world. Mina is unique because it follows a design infrastructure where it will always be 22kb, unlike many other blockchains where storage requirements keep growing. Thanks to this small size, anybody with an internet connection can synchronize with the network within seconds. Other blockchain protocols can be so complex that they require intermediaries to run nodes, reenacting the same old power dynamics. For example, a developer who builds a Decentralized Application on other blockchains often has to rely on third-party RPC services, sometimes centralized among a few providers. However, because Mina is small, anyone can connect peer-to-peer, quickly sync and verify the chain. The blockchain, based on a consistent-sized cryptographic proof, will remain accessible even as it grows in size. Mina Proof-of-Stake (PoS) consensus is built on Ouroboros and called Ouroboros Samisika. This PoS consensus requires far less computational power than Proof-of-Work (PoW). Ouroboros Samisika relies on VRF for improved security and resolves long-range forks without compromising the network’s decentralization. MINA is the native token of the Mina Protocol. By staking MINA, token holders can earn rewards in newly minted MINA tokens for their participation in securing the network. Please note that after delegating, there is a latency period of 2 to 4 weeks before the delegation takes effect on-chain and starts earning rewards. For more information about Mina Protocol, have a look at our blog: https://blog.stakin.com/tag/mina/
stakinWhy stake with us?
• Automatic payouts every active epoch (15 days on average) with automated compounding • Involved since Coda Testnet Beta phases in January 2020 • Elected Genesis Founding Member for positive testnet track-record • 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
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