hi me like this
Check out this tutorial: https://moonbeam.network/tutorial/stake-glmr/
And that’s the tutorial for MOVR it’s very similar: https://moonbeam.network/tutorial/stake-movr/
You’re welcome
Do you happen to have a rough estimation of apy when staking?
21% for GLMR and 17.5% for MOVR staking as of now
you can check the current APR here: https://stakeglmr.com/ you need understand that the APR - depends on total bonded and collator performance, and the % of share of delegators bonds at the collator. sometimes the collator produces fewer blocks, but this is mostly a random factor.
Is there any safety aspect with collators with regards to potentially losing funds?
Much appreciated, thanks!
The collators not have acces to tje fund, the unique risk is not generating rewards
Ok great, thanks!
Hi Mate, thanks for the good question, is always welcome to us the opportunity to talk about Staking onchain using Official Moonbeam Dapp! First of all, we warmly suggest to use stakeglmr page reporting all relevant stats! The Apr values reported there are already considering both number of blocks and total backed amount of the node. Another factor is that the more you stake with that node, the higher your share. Let me highlight also other important factors to be considered when selecting a Collator. A) Ranking after Unbonding. This can tell you how much is Safe (or note) that node in the incoming 7 days. B) Community Collator status. Using the stakeglmr page you can recognize them by the STAR symbol. They are the Collators selected by Moonbeam Foundation at project Launch. C) Min Bond. To be safe in the incoming 7 days your bag must be at very least 150glmr above that value. If any doubts, let us know, you're more than welcome!!!
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