Hi devs, I see SGN staking is avaliable. is it

Question

Hi devs, I see SGN staking is avaliable. is it

the one for public? I see validators already there. But I have a few questions:
1. some validators have hundreds of millions, some have only hundreds of thousands. So how decentralisation is ensured here?
2. is it safe to delegate CELR to those who have only hundreds of thousands CELR. Any chance they got rewards?
3. what is APR for staking there?

#celer #cryptocurrency #english

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29.12.2021

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Ben Автор вопроса

Insomniac | Will Not DM First
1. setting up a validator is currently by invitati...

Thank you Insomniac 🙂

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29.12.2021

Insomniac | Will Not DM First · Accepted Answer

1. setting up a validator is currently by invitation only but will be opened to the public in future hence promoting decentralization. Currently SGN is only in Phase 2 and Phase 4 is when it will be opened up. More is detailed in blog.celer.network 2. Yes its safe. These are validators invited by the team. Do note that the commission rate is what is charged by the validator. The lower the commission the more you earn. 3. Current APR is about 11-12% and reduces as more celer tokens are staked. This reduction is to be replaced by fees earned from services intriduced such as fees from cbridge.

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Hi devs, I see SGN staking is avaliable. is it

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