Avail (AVAIL) Staking

About AVAIL (AVAIL)

Avail is a modular blockchain platform designed to enhance scalability and interoperability across decentralized applications (dApps) by providing a robust Data Availability (DA) layer. By decoupling data availability from execution and settlement layers, Avail enables developers to build more efficient and scalable blockchain solutions.

What Makes AVAIL Special?

Avail introduces several innovative features that address key challenges in the blockchain space:

1. Modular Architecture with Data Availability Layer

• Decoupled Layers: By separating the data availability layer from execution and settlement layers, Avail allows for more flexible and scalable blockchain designs. This modular approach enables developers to focus on specific functionalities without compromising overall network performance.
• Enhanced Scalability: Avail's architecture supports unlimited blockspace and parallel transaction processing, accommodating the growing demands of dApps and DeFi platforms.

2. Horizontally Scalable and Chain-Agnostic

• Cross-Chain Interoperability: Avail's chain-agnostic design facilitates seamless interaction between different blockchain networks, promoting a more unified and interconnected ecosystem.
• Trust-Minimized Verification: Utilizing technologies like KZG Polynomial Commitments and Data Availability Sampling (DAS), Avail ensures efficient and secure data verification without relying on centralized entities.

3. Light Client Support

• User-Level Verification: Avail's light clients enable end-users to verify transactions without running full nodes, enhancing accessibility and decentralization. These clients are optimized for various devices, including mobile and IoT platforms.

4. Ecosystem Components

• Avail Nexus: A trust-minimized interoperability layer that enables seamless cross-rollup and sovereign chain communication, enhancing liquidity and user experience across different platforms.
• Avail Fusion: An additive security layer leveraging re-staking mechanisms to provide crypto-economic finality for modular blockchains, enhancing network security and resilience.

AVAIL Staking FAQ

How much can I make staking AVAIL?

The return from staking AVAIL varies based on the network's overall staking participation and specific validator commission

How do I receive my AVAIL rewards?

AVAIL rewards need to be claimed. Visit the AVAIL Dashboard to claim your rewards: https://explorer.availproject.org/

When can I start earning rewards with AVAIL?

You can start earning staking rewards once your AVAIL tokens are successfully delegated to a validator

Can I sell AVAIL while it is locked up?

Staked AVAIL tokens cannot be sold, they need to be unstaked first. When unstaking your AVAIL tokens, there is a mandatory 28-day unbonding period before you can redeem them.

What are the risks around staking AVAIL?

Staking AVAIL comes with risks like slashing (penalty for a malicious validator), price volatility, and liquidity risk (inability to sell during the lock-up period).

What consensus algorithm does AVAIL use?

Avail employs a hybrid consensus mechanism that integrates Nominated Proof of Stake (NPoS) with BABE (Blind Assignment for Blockchain Extension) and GRANDPA (GHOST-based Recursive ANcestor Deriving Prefix Agreement). This combination ensures efficient block production and robust finality within the network.

What are the tokenomics of AVAIL?

Read all about AVAIL tokenomics here.