Neutron (NTRN) Staking

About Neutron (NTRN)

Neutron is a cross-chain smart contract platform within the Cosmos ecosystem, designed to enable developers to build decentralized applications (dApps) that can seamlessly interact across multiple blockchains. By leveraging the Inter-Blockchain Communication (IBC) protocol, Neutron facilitates secure and efficient cross-chain operations, enhancing the interoperability and scalability of dApps.

What Makes Neutron Special?

Neutron introduces several innovative features that distinguish it within the blockchain landscape:

• Interchain Security: Neutron is secured through Interchain Security, allowing it to leverage the validator set of the Cosmos Hub. This mechanism provides a high level of security without the need for Neutron to maintain its own separate validator network.
• Interchain Queries and Transactions: The platform enables smart contracts to retrieve data from other blockchains (Interchain Queries) and execute transactions on remote chains (Interchain Transactions) without deploying additional code. This functionality enhances the interoperability and efficiency of dApps built on Neutron.
• CRON Module: Neutron includes a CRON module that allows for the scheduling of arbitrary messages to be executed at regular block intervals. This feature supports automated and time-based contract executions, adding flexibility for developers.
• CosmWasm Integration: The platform utilizes CosmWasm, a high-performance WebAssembly (WASM) virtual machine for secure Rust-based smart contracts. This integration provides developers with a robust environment for building and deploying dApps.
• Modular Governance: Neutron's governance system is multi-layered and modular, supporting advanced features such as voting vaults, multiple voting mechanisms, and in-protocol subDAOs. This structure allows for flexible and efficient decision-making processes within the community.

Neutron Staking FAQ

How much can I make staking NTRN?

The return from staking NTRN varies based on the network's overall staking participation, real yield, and specific validator commission

How do I receive my NTRN rewards?

NTRN rewards need to be claimed. Visit the Keplr dashboard to claim your staking rewards

When can I start earning rewards with NTRN?

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

Can I sell NTRN while it is locked up?

Staked NTRN tokens cannot be sold, they need to be unstaked first. The unstaking period for NTRN is 21 hours

What are the risks around staking NTRN?

Staking NTRN 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 Neutron use?

Neutron is a blockchain built using Cosmos SDK and CometBFT

What are the tokenomics of NTRN ?

Read all about NTRN tokenomics here