Fueled by a passionate community and deep developer pool, the new Terra blockchain is one of the most decentralized chains ever launched.
🌐 Validator address: terravaloper1pgyelqv0hwjavgf6vhdm4e4pt766wfxxczu20l
|📊 Chain Parameter||🎯 Value|
|🎁 Reward rate (APR/APY)||15.76% / 17.07%|
|💰 Commission||10% of the reward rate|
|🔒 Minimum tokens to stake||No minimum|
|⏳ Unbonding period||21 days|
|❌ Slashing for downtime||0.01%|
|💥 Slashing for rogue nodes||5%|
|🎯 Slashing for missed oracle||0.01%|
🌐 Wallet Choices
Terra Station is the preferred wallet and is compatible with Ledger devices, but only the desktop version support staking. Keplr has also beta support that can be activated through Osmosis.
🏁 How to Stake
Open Terra Station Desktop and click Staking.
Search for High Stakes in the field and click on the name in the Moniker column of the validator list.
In the My delegations section, click Delegate. A new window will appear.
In the Amount field, specify the amount of Luna you want to delegate, and click Next.
🚨 Always keep some coins to pay fees with. Never stake your entire wallet amount. Without money for fees, you can’t make any transactions!
Double check the amounts and fees. Enter your password and click Delegate.
🎉 Congratulations, you’ve just delegated Luna!
The current rate is approximately 15%, taking into account our validator commission of 10%.
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.
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 staking power of each validator.
Yes, all users with staked tokens can vote on any proposal using Terran Station wallet. Validators are able to cast votes on behalf of their delegators, but it is overridden by the votes of the users.