When staking Kusama(KSM) you are supporting the network with the additional benefit of compounding your KSM!
Staking KSM is the process of holding KSM "stake" to participate in and support the operations in the Kusama network and receive rewards. To be a "Validator" 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 the P2P.org Validator comes in. We allow KSM token holders to forget about all the heavy lifting, i.e., maintenance, surety bonds, etc., by "delegating" their holdings to P2P to receive these rewards. We accumulate users' stakes and act as a major validation node, receiving and allocating staking rewards between our users pro rata to the delegation.
Users that choose to stake with P2P maintain full custody of their KSM at all times, and P2P will never have access to them.
Example:
Let's assume the APR for staking KSM is 19% with a fee of 2%, and 1000 KSM are delegated to P2P.
Reward: 1000*19% = 190 KSM
Fee = 190*2% = 3.8 KSM
Estimated balance after 1 year = 1000+190-3.8 = 1186.2 KSM
By simply delegating my 1000 KSM as I hold it, I will have supported the network and earned an additional 186.2 KSM after 1 year.
To find out today's APR and fees for KSM, visit P2P Staking Rewards and fees.
Please keep in mind that the APR and Fee specified are approximate and change along with network conditions.
For more information on staking Kusama (KSM) with P2P.org, visit https://p2p.org/kusama.
For additional staking support, visit the P2P Kusama 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].