When staking Dymension (DYM) you are securing the network with the additional benefit of compounding your DYM with staking rewards!
Staking DYM is the process of holding DYM "stake" to partake and support the operations in the Dymension 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 enable DYM token holders to bypass the complexities of maintenance, surety bonds, and other technical requirements by delegating their holdings to P2P.org, allowing them to earn rewards without the heavy lifting. We accumulate users' stakes and act as a major validation node. Staking rewards are allocated to users pro rata to the delegation.
Users who choose to stake with P2P.org maintain full custody of their DYM at all times, and P2P.org will never have access to them.
Example:
Let's assume the APR for staking DYM is 12.7% with a fee of 5% and 1000 DYM are delegated to P2P.
Reward: 1000*12.7% = 127 DYM
Fee = 127*5% = 6.35 DYM
Estimated balance after 1 year = 1000+127-6.35 = 1120.65 DYM
By simply delegating my 1000 DYM as I hold it, I will have supported the network and earned an additional 120.65 DYM after 1 year.
To find out today's APR and fees for DYM, visit P2P Staking Rewards and fees.
NOTE: The Annual Percentage Rate (APR) and Fees are dynamic and changing along with network conditions.
For more information on staking Dymension (DYM) with P2P.org and our special offer for large DYM delegations, visit https://p2p.org/networks/dymension.
For additional staking support, visit the P2P.org Dymension 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].