When staking Starknet (STRK) you are securing the network with the additional benefit of compounding your STRK with staking rewards!
Staking STRK is the process of holding STRK "stake" to partake and support the operations in the Starknet network to receive rewards. To be a "Delegator" and participate in these operations, one must maintain a server running continuously, have technological know-how and experience, and have a significant self-bond (surety bond).
This is where P2P.org validator comes in. We allow STRK token holders to forget about all the heavy lifting, for example, maintenance, surety bonds and other technical requirements, by "delegating" their holdings to P2P.org to receive these rewards. We accumulate users' stakes and act as a major validation node. We receive and allocate stake rewards between our users pro rata to the delegation.
Users who choose to stake with P2P.org maintain full custody of their STRK at all times, and P2P.org will never have access to them.
Example:
Let's assume that current NRR for staking STRK is approximately 17.9%, and the validator fee is 0%. I delegate 1000 STRK to P2P.org.
Reward: 1000*17.9% = 179 STRK
Validator Fee = 0%
Estimated balance after 1 year = 1000+179 = 1179 STRK
By simply delegating my 1000 STRK as I hold it, I will have supported the network and earned an additional 179 STRK after one year.
To find out today's NRR and fees for STRK, visit P2P Staking Rewards and fees.
Please keep in mind that the NRR and Fee specified is approximate and changes along with network conditions.
For more information on staking Starknet (STRK) with P2P.org get in contact with a live agent by selecting the speech bubble at the bottom right of this page, sending a message to the Telegram bot, or emailing [email protected].