- Staking is a consensus mechanism based on Proof of Stake. Token holders obtain rewards and benefits through pledge, voting, delegation, and locking.
- Before participating in staking, please make sure you have at least 1 Crab address. If you hold more tokens or have higher security requirements, it is recommended to prepare 2 Crab addresses. If there is no address, please refer to: How to create an account.
- A small amount of CRING must be prepared in Crab Network's address as fee.
Stakingcolumn on the left , Click
Stash account Account for stashing tokens. Tokens
participating in staking will come from this account. The operations of
this account are mostly related to changes in stash.
The controller is the account that will be used to control any
nominating or validating actions. Should not match another stash or
Controller accountcan be set to the same account. If you hold more tokens or have higher security requirements, it is recommended to set up different accounts here.
Value bonded The total amount of
the stash balance that will be at stake in any forthcoming rounds
(should be less than the total amount available). This part of the
tokens will be temporarily bonded. bonding takes 14 days to unbond; you
can choose to bond CRAB or CKTON.
Payment destination The destination account for any payment as either a nominator or validator.
Bond period Optional; bond CRAB promise for 3-36 months to get additional CKTON rewards. (Promise to lock to accept user terms)
If you unlock CRAB in advance within the lock limit, you will be charged a penalty of 3 times the CKTON reward (In the absence of sufficient CKTON, the CRAB can not be used for payment of fines).
After filling in the staking parameters, please click
Nominate a validator
The identities of the validator and the nominator are mutually exclusive and cannot coexist. If you are running a validator, you need to cancel the validator before proceeding with the nomination.
After completing the staking parameters, click
Nominate on this page
The operation of nominating validators will take effect from the next era, and it is normal to temporarily delay
The tokens' statuses are following:
Available The amount of tokens that are able to transfer, bond and transfer.
amount of tokens that cannot operated directly but does not have lock
limit, which is used to gain voting power and can be taken out at any
time (with a 14-day unbonding period) or add lock limit.
amount of tokens that cannot be operated and has a lock limit, which is
used to gain voting power and earn additional KTON rewards.
Unbonding The amount of tokens that has been unlocked but in the unbonding period.
Other Staking operationsThere are other operations in staking for the following purposes:
Stop nomination Cancels all nominees.
Bond more Adds bonded tokens for staking to obtain more power.
Unbond Unbond tokens for staking, and at the same time the power will be reduced proportionally.
The 14-day bond period is required to unbond. Tokens that are in the bond period cannot be operated. Please be careful.
Reward history Go to Subscan explorer to view historical reward records
Claim reward Manually claim the reward, and the reward will be distributed in units of era.
Please note: 56 era (about 56 days) will be saved, and you will not be able to claim it if it expires.
Claim Reward Manually claim the reward, and the reward will be distributed in units of era.
Bond more funds Adds bonded tokens for staking to obtain more power.
Unbond funds Unbond tokens for staking, and at the same time the power will be reduced proportionally.
Lock extra Add lock limit for bonded tokens to obtain KTON rewards.
Rebond funds Rebond the unbonding funds to earn power.
Change controller account
Change the account that will be used to control any nominating or
validating actions. Should not match another stash or controller.
Change reward destination Change the destination account for any payment as either a nominator or validator.
Set nominees Re-nominate validator
Change session key If you want to upgrade to become a validator, you need to fill in this item: How to become a validator.
Set on-chain identity
Set your personal information, such as display, legal name, email,
website, twitter and riot. Other users can view this information and