Polkadot (DOT) Staking 101: Your FAQs Answered
What is Polkadot?
Polkadot is a multi-chain blockchain system being developed by Web3. Polkadot is developing interchangeable networks which enable side-chains to connect with public blockchains.
What is Polkadot staking APR?
Please visit consolidated P2P.org Rewards and Fees page to check latest APR and Fees for DOT. Your real APR might differ due to the strategy you choose to follow. Additionally, we have a special offer for those who stake +100K DOT.
How often are staking rewards distributed?
Polkadot staking rewards are claimable by stakers every 24 hours. More info here.
Is there an unstaking period?
The Polkadot network has a 28 day unstaking period throughout which your tokens will not be transferable.
Is there a slashing risk for validators?
There is slashing risk for nominators.
Is there a minimum staking amount for Polkadot?
The minimum amount to stake natively and become eligible for the network rewards is 550-600 DOT. To stake from 1 DOT, consider joining P2P.org nomination pool.
Do staking rewards compound?
For native staking, you can set your reward destination to "Restake" (auto-compound) or "Payout" (send to your account as free balance). If you choose "Restake," your rewards are automatically bonded and increase your staked amount, effectively compounding your rewards. If you choose "Payout," the rewards are sent to your account and are not automatically staked. You can change this setting at any time in your staking dashboard or app
How to claim rewards?
On Polkadot, staking rewards (payouts) are generated at the end of every era, which is currently every 24 hours. However, rewards are not distributed automatically - nominator must manually request a payout for your nominated validators. Nominator can claim rewards for multiple eras at once if you haven't claimed them for several days, but you may need to pay transaction fees for each payout request.
What is the Polkadot inflation rate?
The Polkadot network inflation rate is approximately 8% per year.
For more information on staking Polkadot (DOT) with P2P.org and our special offer for large DOT delegations, visit https://p2p.org/polkadot.
For additional staking support, visit the P2P Polkadot Help Centre.
You can also 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].