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 partake and support the operations in the Kusama 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 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' 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 KSM at all times and P2P will never have access to them.

Example:

The current APR for staking KSM is 17% with a fee of 5%, if 1000 KSM are delegated to P2P:

Reward: 1000*17% = 170 KSM
Fee = 170*5% = 8.5 KSM
Estimated balance after 1 year = 1000+170-8.5 = 1161.5 KSM

By simply delegating my 1000 KSM as I hold it, I will have supported the network and earned an additional 161.5 KSM after 1 year.

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


For more information on staking Kusama (KSM) with P2P Validator, visit https://p2p.org/kusama.

For additional staking support, visit the P2P Kusama support center.

You may also be interested to read:

You can also get in contact with our community on telegram or with a live agent by selecting the speech bubble on the bottom right of this page.


Did this answer your question?