π°Staking
Secure Taraxa by Staking your TARA!
Taraxa Staking tl;dr
Staking TARA means directly delegating your TARA tokens into validator nodes
Staking can be done via either the community site (requires KYC), or
Staking can be done directly on-chain
After the Aspen Upgrade, staking yields are dynamically adjusted. As of this writing it has an APR of ~14-15%, and it will continue to decay over time because Aspen caps the overall supply of TARA. Learn about the Aspen Upgrade.
Staking yields will be shared between staker and validators (they will take a commission)
Staking yields , please note that this is higher than what's stated in the economics rewards section, the dev team is working to build a community voting infrastructure to facilitate community-proposed & voted-on updates to the economics
You can redeem your yields through the community site's claim section
Stake to Secure the Network!
Staking (delegating your TARA to validators) is a critical part of Taraxa's consensus mechanism, which uses proof of stake (PoS) to guard against Sybil attacks. In plain language, staking makes attacking a network expensive, and aims to make attacking a network so expensive that the cost far outstrips the benefits.
When you stake, not only are you helping to secure the network against attacks, you are also earning a yield (rewards) for your efforts.
Please follow the guide below to stake and help secure the Taraxa network!
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