Hi guys. How safe is it to stake with some

Question

Hi guys. How safe is it to stake with some

collator? I m asking because the page suggest to DYOR about the collator i want to choose. What are the criteria so i wont be scammed by a collator?
Also what is the undelegation time?
Many thanks

#blockchain #cryptocurrency #english #moonbeam

0

06.04.2022

4 ответов

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NoPain Автор вопроса

Anyone?

0

06.04.2022

Jose Crypto

The unbond time for movr is around 48 hours and for glrm is 7 days May vary, for the duration of the blocks

0

06.04.2022

Michele | 🧊 Iceberg Nodes 🧊

Hi Mate! First of all Welcome to Moonbeam Staking Community! To select a Collator for sure you meed to check all relevant stats, you can use stakeglmr page easily and check: min bond (your bag must be above aroun 150glmr vs the min bond to be safe); Collator ranking (if too much low, risk of going out of active set is there); Collator Apr% (always remember that by daily compounding you can get around 5% more); Collator reliability in terms of hystorical performances (how many rounds in the active set? Never went out of it?). Finally, on that page you can also recognize the Community Collators by the Star marking💪 If any doubts, do not hesitate to contact us at Iceberg Nodes, you're welcome!!! 👍

0

06.04.2022

X7 · Accepted Answer

X7

NoPain
Anyone?

Worst case, you don’t get rewards and your funds are “stuck” for 7 days. Can’t loose your funds

0

06.04.2022

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Hi guys. How safe is it to stake with some

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