Description
What is staking?
Your Validating RIG for DOT staking earn rewards of 14% right now, which could generate a healthy stream of passive income for you. While there’s a staking, validating period of 28 days, it’s worth it to invest in a promising crypto coin with high yields. Mimimum to Stake and Validate is 2 DOT.. As a validator you’ll be responsible for storing data,
Why stake your DOT?
Earn rewards
12.5 % to 14 %
Rewards are given for actions that help the network reach consensus. You’ll get rewards for running software that properly batches
transactions into new blocks and checks the work of other validators because that’s what keeps the chain running securely. Earn up to 14 % APR
Better security
The network gets stronger against attacks as more DOT is staked, as it then requires more DOT to control a majority of the network.
To become a threat, you would need to hold the majority of validators, which means you’d need to control the majority of DOT in the system–that’s a lot!
Why stake solo?
Solo staking comes with more responsibility, but provides you with maximum control over your funds and staking setup.
Earn fresh DOT
Earn DOT denominated rewards directly from the protocol when your validator is online,
Full control
Keep your own keys. Choose the combination of clients and hardware that allows you to minimize your risk
Network security
Solo staking is the most impactful way to stake. By running a validator on your own hardware at home,
