Is there an incentive to stake for 360 days instead

Question

Is there an incentive to stake for 360 days instead

of 30 days and restaking 12 times? I ask because longer stakes can be more risky because you cannot sell if market crashes.

#blockchain #cryptocurrency #english #sol

0

13.09.2023

22 ответов

73 просмотра

T.C. no dm Автор вопроса

Vidor | Solflare
don't stake on a centralized exchange which makes ...

Even self custody wallet stakes have a risk what if validators go offline or are malicious and do not pay? I know that some of them are located in areas that have a geopolitical risk and wars in close proximity.

0

13.09.2023

Vidor | Solflare

T.C. no dm
Even self custody wallet stakes have a risk what i...

That is not true, reward distribution is automatic. Worst case is validator goes offline, you stop receiving rewards but you can withdraw all your stake and rewards that accumulated while the validator was working

0

13.09.2023

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)

In SOLANA staking, you have the flexibility to unskate your staked account or withdraw your tokens any time you choose.

0

13.09.2023

T.C. no dm Автор вопроса

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)
In SOLANA staking, you have the flexibility to uns...

I can only withdraw my initial stake that I have delegated and do not get my reward if the validator never comes back online is that right?

0

13.09.2023

Vidor | Solflare

T.C. no dm
I can only withdraw my initial stake that I have d...

that is not right, your stake always gets rewards when the validator is active and you can withdraw it even if validator is offline

0

13.09.2023

T.C. no dm Автор вопроса

Vidor | Solflare
that is not right, your stake always gets rewards ...

How can a validator be active if he is offline?

0

13.09.2023

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)

T.C. no dm
I can only withdraw my initial stake that I have d...

Yup, if the validator is not active, rewards may not be generated.

0

13.09.2023

Vidor | Solflare

T.C. no dm
How can a validator be active if he is offline?

All that is handled by the network smart contracts and not by the fact if the validator is offline or online. It would be crazy if you could not withdraw your rewards and stake if a validator goes offline

0

13.09.2023

T.C. no dm Автор вопроса

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)
Yup, if the validator is not active, rewards may n...

@vidor That is the risk I mean because of some validators that are in countries which are currently in a war. It is possible that a validator gets attacked and may choose to not come back if he does not want to buy new hardware to secure the network afther an explosion for example. I still wonder how I get my initial stake back. I guess other validators know about all stakes from a code perspective.

0

13.09.2023

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)

T.C. no dm
@vidor That is the risk I mean because of some val...

Let me confirm with my validator team. Hold on please

0

13.09.2023

T.C. no dm Автор вопроса

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)
Let me confirm with my validator team. Hold on ple...

Okay.

0

13.09.2023

Vidor | Solflare

T.C. no dm
@vidor That is the risk I mean because of some val...

you go to your Solflare wallet, click withdraw and get your stake back that's it.

0

13.09.2023

T.C. no dm Автор вопроса

Vidor | Solflare
you go to your Solflare wallet, click withdraw and...

You may get your initial stake back but probably no rewards let us wait and see what the validator team actually says for the described desaster scenario in which validators get physically attacked.

0

13.09.2023

Sam

T.C. no dm
@vidor That is the risk I mean because of some val...

You must be talking from experience, thanks for the issue raised. I am also eagerly awaiting the response of the Validator Team.

0

13.09.2023

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)

T.C. no dm
Okay.

If validator stops, delegator doesn’t get any profit on his stake.

0

13.09.2023

Modi

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)
If validator stops, delegator doesn’t get any prof...

But how about token sol? can delegator withdraw if my validator not running computer again?

0

13.09.2023

Steve

Modi
But how about token sol? can delegator withdraw if...

As @vidor said. Even if your validator gets nuked, dismantled, eaten by slugs, gets flooded. You can still unstake

0

13.09.2023

CP

Steve
As @vidor said. Even if your validator gets nuked,...

👍

0

13.09.2023

T.C. no dm Автор вопроса

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)
If validator stops, delegator doesn’t get any prof...

That is good to know.

0

13.09.2023

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)

T.C. no dm
You may get your initial stake back but probably n...

A validator has no authority over a delegator's stake under any circumstances. If a validator ceases operation, the delegated stake becomes inactive in voting and no longer generates profits. However, the delegator can withdraw their stake at any time, even though they may lose potential earnings.

0

13.09.2023

T.C. no dm Автор вопроса

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)
A validator has no authority over a delegator's st...

Okay thanks for the answer. I guess that this mechansim is a result of Solana's PoS. Stakers delegate into a smart contract.

0

13.09.2023

Vidor | Solflare · Accepted Answer

Vidor | Solflare

don't stake on a centralized exchange which makes you lock your funds. Stake on self-custody wallets which lets you unstake when you wish and unstake only lasts 1-3 days

0

13.09.2023

210 похожих чатов

Is there an incentive to stake for 360 days instead

22 ответов

Похожие вопросы