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Saga Staking
What is Saga Staking?
What is Saga Staking?
M
Written by Mike
Updated over a week ago

When staking Saga (SAGA) you are securing the network with the additional benefit of compounding your SAGA with staking rewards!

Staking SAGA is the process of holding SAGA "stake" to partake and support the operations in the Saga 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 SAGA 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 SAGA at all times, and P2P.org will never have access to them.

Example:

Let's assume the APR for staking SAGA is 10.3% with a fee of 0%, and 1000 SAGA are delegated to P2P.

Reward: 1000*10.3% = 103 SAGA
Fee = 103*0% = 0 SAGA
Estimated balance after 1 year = 1000+103 = 1103 SAGA

By simply delegating my 1000 SAGA as I hold it, I will have supported the network and earned an additional 103 SAGA after 1 year.
To find out today's APR and a fees for SAGA, visit P2P Staking Rewards and fees.

NOTE: The Annual Percentage Rate (APR) and Fees are dynamic and changes along with network conditions.

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