P2P.org Launches Nomination Pool on Polkadot
P2P.org is pleased to announce the introduction of its Nomination Pool on the Polkadot network. Polkadot has established itself as a leader in the blockchain industry since 2020, known for its security, decentralization, and energy efficiency. Staking on Polkadot has been challenging, particularly for users without a technical background. Our new nomination pool addresses these issues.
Introducing Nomination Pools: Staking Made Simple and Accessible!
Traditionally, staking required substantial DOT holdings and a detailed understanding of validators, making it complex and often inaccessible. Introducing nomination pools is a significant step in Polkadot's development, simplifying the staking process.
Pool name: P2P.ORG nomination pool: 4.5% fee (creator account: 13YA8vMJxR8BjQgRFLMBz7MtL173HUGyU4wjUXK84LJXcDRP and stash account 13UVJyLnbVp8c4FQeiGQNRTXs4HEwemqcVLmuJwTuP2Uekwo)
Why Choose P2P.org's Nomination Pool?
- Low Entry Barrier: Start staking with a minimum of 1 DOT.
- Effortless Participation: We handle nomination complexities on your behalf.
- Proportional Rewards: Receive rewards in proportion to your stake, similar to direct nominations.
- Secure Pool Management: Our managed pool ensures balanced economic incentives and network security.
- Transparency: Regular updates and clear visibility on operations and rewards.
- Continuous Support: Our dedicated support team is available 24/7 for any inquiries.
- Competitive Fee: Our 4.5% staking fee on P2P.org validators includes no additional charges.
How to Join:
Joining the P2P.org nomination pool is straightforward. Please follow our instructions.
Key Differences: Nomination Pools vs. Direct Nomination
| Criteria | Direct Nomination | Joining a Pool |
|---|---|---|
| Minimum Stake | Minimum 250 DOT | Minimum 1 DOT |
| Rewards Management | Automatically compounded or sent to any account | Rewards can be manually claimed to the pool member's account and be bonded again |
| Slashing Risk | All active nominators are subjected to slashing | All pool members are subjected to slashing |
| Bond and Stake Duration | Can bond and stake DOT indefinitely | Can bond and stake DOT until the pool exists |
| Unbonding Period | 28 days, can switch validators without unbonding | 28 days, need to unbond before switching to a different pool |
| Governance Participation | Possible with staked tokens | Not possible with staked tokens |
| Reward Claiming | Rewards payout can be triggered permissionlessly by anyone | The pool member must claim the rewards |
| Fund Management | Bonded funds remain in your account | Bonded funds are transferred to a pool account administered by the network protocol |
| Validator Management | Nominator manages the list of staked validators (up to 16) | Nominations managed by the pool operator |
Join Us Today!
Secure your DOTs with P2P.org and be part of the evolving world of Polkadot staking. Join us in securing the network and shaping the future of decentralized finance.
Ledger guides
- Ledger’s guide on staking Polkadot (DOT) thought Ledger Live
- Ledger’s guide on using Polkadot Staking dashboard
- Ledger’s guide on set up and use polkadot js to access your ledger Polkadot (DOT) accounts and guide Kusama (KSM) accounts
- Ledger’s guide on how to join a polkadot nomination pool
About P2P Validator
P2P Validator is a world-leading non-custodial staking provider, securing over $2 billion by over 10,000 delegators/nominators across 25+ high-class networks. We have been actively participating in the Polkadot network since the beginning.
Do not hesitate to ask questions in our Telegram chat or contact Alex via aleksandr.tishin@p2p.org. We are always open for communication.
Web: https://p2p.org
Stake DOT with us: https://p2p.org/polkadot
Twitter: @p2pvalidator
Telegram: https://t.me/P2Pstaking