How to Stake KUJI
1. Navigate to https://kujira.network/
2. Hover your mouse on Earn and Click Stake
3. Click the Search field and type "Coinage x DAIC"
4. Scroll down and Click on the highlighted validator name
5. Click Stake
6. Click the Amount field and enter the number of KUJI tokens you want to stake
7. Click Stake KUJI
8. Approve the Keplr wallet transaction pop-up
9. Congratulations! Your KUJI tokens have been staked
Kujira (KUJI) Staking FAQ
How much can I make staking KUJI?
The return from staking KUJI varies based on the network's overall staking participation, real yield, and specific validator commission.
How do I receive my KUJI rewards?
KUJI rewards need to be claimed. Visit Blue to claim your staking rewards
When can I start earning rewards with KUJI?
You can start earning staking rewards as soon as your tokens are successfully delegated to a validator.
Can I sell KUJI while it is staked?
Staked KUJI tokens cannot be sold,they need to be unstaked first. The unstaking period for KUJI is 14 days.
What are the risks around staking KUJI?
Staking KUJI comes with risks like slashing (penalty for the validator), price volatility, and liquidity risk (inability to sell during the lock-up period).
What consensus algorithm does Kujira use?
Kujira uses a decentralized Proof of Stake (PoS) consensus algorithm.
What are the tokenomics of KUJI?
Read all about Kuji tokenomics here https://docs.kujira.app/tokenomics/kuji-token
The information provided by DAIC, including but not limited to research, analysis, data, or other content, is offered solely for informational purposes and does not constitute investment advice, financial advice, trading advice, or any other type of advice. DAIC does not recommend the purchase, sale, or holding of any cryptocurrency or other investment.
