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What is Agoric (BLD) Staking
What is Agoric (BLD) Staking
M
Written by Mike
Updated over a week ago

When staking Agoric (BLD) you are securing the network with the additional benefit of compounding your BLD!

Staking Agoric is the process of holding BLD "stake" to partake and support the operations in the Agoric network to receive rewards. In order to be a "Validator" and participate in these operations, one is required to maintain a server running continuously, technological knowhow, experience, and have a significant self-bond (surety bond).

This is where P2P Validator comes in, we allow BLD 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' stake and act as a major indexer, receiving and allocating staking rewards between our users pro rata for the delegation.

Investors that chose to stake with P2P maintain full custody of their BLD at all times and P2P will never have access to them.

Example:
Let's assume the APR for staking BLD is 9.6% with a fee of 8%, and 1000 BLD are delegated to P2P.

Reward: 1000*9.6% = 96 BLD
Fee = 96*8% = 7.68 BLD
Estimated balance after 1 year = 1000+96-7.68 = 1088.32 BLD

By simply delegating my 1000 BLD and I hold it, I will have supported the network and earned an additional 181.45 BLD after 1 year.
To find out today's APR and a fees for BLD, visit P2P Staking Rewards and fees.

​Please keep in mind that the APR and Fee specified is approximate and changes along with network conditions.

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