Best rewards for your EGLD:
- 🌍 AWS Hosting ➡️ Global distribution
- 💨 High automatization ➡️ High availability
- 🤑 Low Fee ➡️ Great APR
- 📈 Redelegation activated ➡️ Compounding for you
- 🔐 Sophisticated Security Concept
We believe in best-in-class infrastructure and
for the staking validators we run for you.
High available 🌍 globally distributed infrastructure with a mainly 💨automated setup using the Amazon Web Services Cloud. We’re using services like CloudFormation, Systems Manager as well as multiple Availability Zones & Regions which enables us to
serve the network and
you in the best possible way.
🔐 Security: Secured with multiple authentication factors, individually configured firewalls, encryption at rest and a sophisticated security concept.
🔐 Your EGLD is Safe! Your coins stay in your own wallet and you are always in control.
with low fees
Hodl & Get Rewards
Earn without running a validator yourself
Earn Rewards while you sleep
„Help secure the elrond network & earn rewards!“
Rewards will be given to validators out of the Elrond networks transaction fees for the provided service of validating transactions.
Elrond Network uses the Secure Proof of Stake concept, where computers taking part in the validation of transactions lock coins for each validator as a stake.
Why does a validator need to have a stake? Since a validator is required to hold a big amount of EGLD as a stake, they have an interest in the value of EGLD and in providing the best service for the Elrond network.
As a delegator you can profit from rewards without the hassle of running a validator yourself. By delegating some EGLD to a staking pool you get a share of rewards.
Running a validator pool for you means we take care of the infrastructure, hardware, software, updates and security.
Delegate your EGLD to our delegation pool and we run the validators for you and you receive the rewards after a small maintenance fee.
We do our best to create delegation opportunities for you!
Check if you still can delegate today!
Frequently Asked Questions
about Elrond Staking
How much reward?
The APR (Annual Percentage Rate = the percentage rate of rewards you can expect for your delegation amount) depends on different factors, like total amount staked EGLD within the network and the performance of the Staking Provider.
In more detail:
On the Elrond Network the amount of rewards a validator receives depends on the amount of validators in the network, the total amount of stake in the network, as well as the topup a staking pool has. Topup is the amount of EGLD staked that is above 2500 EGLD per active Node.
Most of these numbers will be the same for all validators in the network, but with topup every Staking Provider has a different strategy.
We believe that topup is good for our ecosystem, for several reasons. Topup will secure active validators to stay active, even if someone from the pool unstakes. Also topup allows us to put new validators in the waiting list to get more active validators. More active validators will make our overall APR more stable.
We do everything possible to keep our active validators active. That’s why we believe in best-in-class infrastructure.
One thing is for sure. A smart contract will ensure that everybody who delegated EGLD to one of our validators will get a fair share of the validator’s rewards and we get a fee for running the validator. This happens all directly within the smart contract and cannot be manipulated.
Let’s look at an APR example:
- Scenario for 3200 validator nodes in the network (currently getting release)
- Avg stake per node 3,000 EGLD
- Total stake on the network 9,600,000 EGLD
- Estimated APR 20,33%
This will soon increase to the following scenario:
- Avg stake per node 4,000 EGLD
- Total stake on the network 12,800,000 EGLD
- Estimated APR 15,25%
This scenario means a Staking Pool receives 15-20% of staked EGLD as rewards. This APR decreases e.g. with more total stake on the network. A smart contract takes care that you always get your share of what the Staking Pool receives minus the Staking Providers service fee. The service fee will be a percentage of the rewards received.
When do you get rewards?
You get rewards every epoch in which at least one of our active validator nodes was eligible. With more active nodes the possibility increases that each epoch at least one node is eligible, so that you will get rewards every day.
When is a node eligible?
Currently the network has 3200 active validators nodes. The active nodes randomly switch between eligible and waiting. Only when they are eligible they will receive rewards. This is for security reasons and will average out over time to the APR Elrond calculates.
Will I get the same reward every day?
Since the active nodes randomly switch between eligible and waiting every day the amount of eligible nodes can be different from one day to another and cause different rewards from one day to the next. Also total stake changes and influences the APR.
Why do you have offline nodes?
We continuously add new nodes to the queue of validators. Since they will not participate in network consensus they don’t need to be online right away. Due to our infrastructure as a code we can take them online when they get ready to become active.
What is the difference between APR and fee?
The rewards a staking pool receives are split by a smart contract into the fee for the provider and the rewards for the delegators. The APR calculated by Elrond shows the delegators APR. So the fee has already been subtracted.
Can the Staking Provider take my coins?
No, they will stay under your control and a smart contract will take care of the reward distribution.
Why do you get rewards?
Through validating transactions and helping to improve the Elrond network security, the validators will get a part of the fees paid for the validated transaction as a reward.
What is staking?
Staking is a possibility to receive crypto coins as a reward. If you lock a given amount of your coins in a validator you participate in the rewards the validator receives. Validators need to have a minimum stake to participate in a networks process of confirming transactions.
What is stake delegation?
The process by which EGLD owners participate with a certain amount of EGLD to one stake pool so that more individuals are putting together the minimum amount of 2500 EGLD for building up a node.
What is the difference between delegation and staking?
A stake can be considered a security deposit that is needed to run a validator node and get rewards. Given this security deposit is called staking. Since you need a big amount of EGLD (currently 2500 EGLD) to stake your own validator that’s not an option. But you still can delegate a smaller part to a Service Provider who runs the validator for a group of people. This process is called delegation. Just look out to find a Service Provider with high quality infrastructure! But hey, here you are. Delegate with us. 😉
What is a validator?
A validator is a node in the network that runs a software to confirm transactions within the networks. In simple words it’s a computer connected to the internet running a software that can be triggered by the network and which will confirm a transaction by writing it into its database and sharing this information with the network. Since the network is choosing a certain amount of random validators for each transaction, validation of a transaction becomes mathematical save.
What is needed to run a validator?
Validators are required to have a high availability and high security level, also they need to be maintained and updated within short notices to keep the whole network stable and secure. If you delegate, you don’t have to worry about these things and the Service Provider does these things for you. You only should look out for a service provider that can provide these services. 😉 If you choose a professional Service Provider working with a professional team and professional infrastructure over an unprofessional team with simple infrastructure you will be more happy in the long run.