Staking enables token holders to earn a share of network income (e.g. from transaction fees and newly minted tokens) in return for placing their capital in escrow and helping to secure the network.
View our staking guides for more info. Reach out to us if you face any difficulties or have any questions about your portfolio
To run a validator every network requires a minimum amount of tokens staked (e.g. 2000 AVAX for Avalanche). Additionally, you need to have the technical expertise required to set up the infrastructure for the network and you need to ensure you do not get jailed or slashed for downtime or double signing.
If all of this sounds overwhelming, worry not! We will run the validator nodes for you and you can simply delegate to us and still earn from securing the network.
To ensure that the nodes (in Proof-of-Stake: validators) participating in a network behave as intended, many protocols enforce penalties if a node provably deviates from pre-defined rules. These penalties apply to both the validator and its delegators.
Read our Intro to Staking post to learn more about other risks and tradeoffs to consider before getting involved in staking.
Not your keys, not your coins! If you keep your money on exchanges, it doesn’t belong to you. The exchange may arbitrarily decide to freeze your funds or stop support.
Secondly, you miss out on the Delegator Protection that Chorus One offers. This pool of $250k (refreshed every quarter) protects you against node downtime and slashing. Additionally, you miss out on airdrops when you keep your funds on exchanges.
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