When staking Cosmos (ATOM) you are supporting the network with the additional benefit of compounding your ATOM!
Staking ATOM is the process of holding ATOM "stake" to partake and support the operations in the Cosmos 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 ATOM 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 validation node, receiving and allocating staking rewards between our users pro rata to the delegation.
Users that chose to stake with P2P maintain full custody of their ATOM at all times and P2P will never have access to them.
The current APR for staking ATOM is 10.6% with a fee of 8% and I delegate 1000 ATOM to P2P.
Reward: 1000*16% = 160 ATOM
Fee = 160*8% = 12.8 ATOM
Estimated balance after 1 year = 1000 + 160 - 12.8 = 1147.2 ATOM
By simply delegating my 1000 ATOM as I hold it, I will have supported the network and earned an additional 147.2 ATOM after 1 year. Please keep in mind that the APR specified is approximate and changes along with network conditions.
We have created a series of guides to help you get started. Find out more here.
For more information on staking Cosmos (ATOM) with P2P Validator and our special offer for large ATOM delegations, visit https://p2p.org/cosmos.
For additional staking support, visit the P2P Cosmos support center.
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