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Migaloo

A Blockchain Adventure Beneath the Waves​

Embark on a journey with Migaloo, an innovative blockchain platform that harnesses the power of decentralized technology to build a sustainable ocean ecosystem.

Migaloo empowers ocean conservation projects, supports eco-friendly businesses, and enables the creation of unique digital assets tied to marine life.

πŸ“Š Chain Parameters​

πŸ“ˆ Parameter🎯 Value
🎁 Reward rate (APR/APY)12.42% / 13.23%
πŸ’° Commission5% of the reward rate
πŸ”’ Minimum tokens to stake1 WHALE
⏳ Unbonding period21 days
❌ Slashing for downtime0.01%
πŸ’₯ Slashing for rogue nodes5%

🌐 Wallet Choices​

Migaloo is supported by multiple wallets, including Keplr, Ledger, and Cosmostation.

🏁 How to Stake​

Migaloo is supported by

restake.app.

🚨 Always keep some coins to pay fees with. Never stake your entire wallet amount. Without money for fees, you can’t make any transactions!

πŸŽ‰ Congratulations, you’ve just delegated MGL!

❓ FAQ​

What are Migaloo staking reward rates?

The current rate is 15.00%, taking into account our validator commission of 3%.

Are there any risks when delegating?

Slashing is enabled, meaning any validator misbehaving can lose a portion of their tokens, plus the delegated ones. In case of prolonged downtime, the slashing amount is 0.01% once. In case of double sign, it is 5% and the validator is forever banned.

How does Migaloo service fee work?

The protocol automatically pays a commission to all active validators participating in the minting of new blocks. It is a percentage on all rewards earned related to the st

Can I vote on governance proposals?

Yes, all users with staked tokens can vote on any proposal using Keplr or another wallet. Validators are able to cast votes on behalf of their delegators, but the votes of the users override them.