$STRATO Staking Is Live: What It Pays and How It Works

$STRATO staking is live on mainnet. Delegate your tokens to a validator and earn a share of what the protocol makes: borrower interest and fees. Rewards pay out in native STRATO. The target yield is 9.3% at launch (this figure will likely only go lower, so join soon to get the best yield), the unbonding period is 7 days, and there is no minimum stake.

Stake at app.strato.nexus.

Who can stake today

Holders from the Community ICO on Uniswap. Those tokens live on Ethereum, so bridge them in first:

1. Open app.strato.nexus and connect the wallet holding your STRATO.
2. Go to the Fund page, select STRATO, and transfer. The bridge confirms in one to two minutes.
3. Open the Staking tab, pick a validator, choose your amount, and stake.

Rewards start accruing as soon as you delegate. Claim them from the same page on your own schedule.

Where the yield comes from

Stakers secure the network and get paid from protocol revenue: the interest borrowers pay on outstanding USDST and other protocol fees. This is intrinsic yield, denominated in $STRATO, earned for real work the network needs done. It varies with protocol activity. Nothing here is guaranteed or risk-free.

FAQ

Does it matter which validator I choose?

In the future, the validator you choose will affect the yield you earn because STRATO runs delegated proof of stake. The current version of staking is basic, but STRATO staking will eventually evolve into a fully-fledged delegated proof-of-stake incentive model: validators that perform well earn rewards more reliably, and your rewards flow through your validator. A weak validator earns you less and may cause you to get slashed. 

Another factor to consider, starting now, is validator commission rate. This is the rate of your rewards a validator charges in exchange for letting a delegator stake with them. Each validator can set their own commission rate, and it’s worth checking before you delegate. 

Do I have to re-stake every 7 days?

No. Your stake stays active until you unstake it. Rewards keep accruing the whole time; claim them whenever you like.

How does the 7-day period work? If I stake more, does a timer restart?

The 7 days is an unbonding period, and it starts when you unstake. You can unstake tokens at any time, wait 7 days, and then withdraw tokens back to your wallet. Nothing locks at the moment you stake, so adding to your position doesn't start a timer or reset anything.

What is the validator commission charge?

The commission is the percentage of your staking rewards that a validator charges for allowing you to stake with them. If your gross reward is 10 STRATO at a 10% commission, the validator keeps 1, and you receive 9.

When does the validator take its commission?

The validator takes commission as rewards come in, so what is shown on the screen represents your rewards.

Can I unstake at any time?

Yes. Request it whenever you want, and after the seven-day unbonding period, you’ll be able to withdraw tokens back into your account. 

Stake now at app.strato.nexus. Watch the full staking round table for the demo and the Season 3 preview.