IOTA

IOTA is a decentralized blockchain infrastructure to build and secure our digital world. Discover solutions for digital identity, sustainability, supply chains, and decentralized finance.

Written By Nansen Intern

Last updated 5 months ago

Website | Twitter | Github | Resources

Staking IOTA tokens means actively contributing to the network's security and decentralization while earning rewards. It is part of IOTA's Delegated Proof-of-Stake (DPoS) consensus mechanism. We are in the process of integrating IOTA into SuperApp. For now, you can visit https://wallet-dashboard.iota.org/ and choose Nansen as your validator to stake with us.

FAQ

  1. Is there a fee?

    • We charge a 10% commission fees for running infrastructure for the validator. The APY shown on the dashboard is the yield before deducting commissions.

    • As IOTA delegation and staking is native to IOTA, do ensure that you have sufficient IOTA in your wallet to pay for transaction gas fees.

  2. What is the unbonding period?

    • Staked IOTA tokens are locked within the validator’s staking pool for the entire duration of the epoch they are staked in. An epoch is approximately 24 hours.

    • You can initiate an unstake transaction at any time, but the unstaking and release of your principal plus accumulated rewards are processed only at the next epoch boundary (about every 24 hours).

  3. How do I restake?

    • Rewards are typically not automatically restaked. You need to claim (unstake) rewards if necessary and then stake them again.