In this article, we’ll answer frequently asked Metal Staking questions. Find answers to what the staking APR is, if rewards are paid daily, how long it takes to unstake, and more.
What is the APR for staking METAL?
The Annual Staking Reward is a variable rate that is currently around 10 to 12%. The longer you stake the higher the reward.
Are staking rewards paid on a daily basis?
No, staking rewards are paid at the end of the staking period.
What is the minimum amount I can delegate?
Users must have 25 METAL to delegate their stake in the wallet.
What is the minimum amount I need as a validator to stake?
Validators must have at least 2000 METAL to become a validator.
What is the minimum and maximum staking duration?
For both validating and staking, the minimum duration is 14 days. The maximum duration is 1 year (365 days).
What is the delegation fee?
The delegation fee set by validators is the portion of the rewards that are paid to the validators. The minimum is 2%.
On which chain do you stake?
Staking is done on the P chain on the Metal Blockchain. Check our guide if you need to transfer between subchains.
How long does it take to unstake?
You receive the unstaked METAL after the staking period ended. You can track this in the Metal Wallet in the rewards section.
Do I receive rewards if a validator node I’m staking with doesn’t meet 80% uptime?
You don’t! If a validator doesn’t meet 80% uptime at the end of his staking period, the validator nor its delegators will be able to earn staking rewards. You can track validator uptimes here, in the local uptime section.