Stargaze (STARS) Staking

How to Stake STARS

1. Navigate to https://wallet.keplr.app/

2. Click the Search Chains field and type Stargaze

3. Click Stargaze

4. Click Stake

5. Click the Search for validator field and type Coinage X DAIC

6. Click Coinage x DAIC

7. Click Stake

8. Click the Amount field, enter the number of STARS tokens you want to stake and Click Stake

9. Approve the Keplr wallet transaction pop-up

10. Congratulations! Your STARS tokens have been staked

About Stargaze (STARS)

Stargaze is a decentralized, community-owned Layer 1 blockchain tailored for non-fungible tokens (NFTs) and digital assets. Built on the Cosmos SDK and utilizing the Tendermint consensus engine, Stargaze offers a scalable and interoperable platform for creators, traders, and developers within the NFT ecosystem.

What Makes Stargaze Special?

Stargaze distinguishes itself through several key features:

• Sovereign App Chain for NFTs: As a dedicated blockchain for NFTs, Stargaze provides an optimized environment for minting, trading, and managing digital assets, ensuring high performance and user experience.
• On-Chain Royalties: The platform enforces royalties on-chain, ensuring that creators and developers receive fair compensation for their work with each transaction, promoting a sustainable creator economy.
• Zero Gas Fees for NFT Trading: Stargaze features zero gas fees for NFT transactions, lowering the barrier to entry for users and encouraging active participation in the marketplace.
• Interoperability via IBC: Leveraging the Inter-Blockchain Communication (IBC) protocol, Stargaze facilitates seamless cross-chain interactions, allowing assets and data to move freely between connected blockchains within the Cosmos ecosystem.
• Community Governance: Stargaze is entirely owned and governed by its users through the STARS token, ensuring that the platform evolves in alignment with the community's interests and values.

Links:

• Website
• Github
• Blog
• Explorer
• Twitter
• Discord
• Reddit

Learn More About Stargaze

• Website

STARS Staking FAQ

How much can I make staking STARS?

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

How do I receive my STARS rewards?

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

When can I start earning rewards with STARS?

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

Can I sell STARS while it is staked?

Staked STARS tokens cannot be sold, they need to be unstaked first. The unstaking period for STARS is 14 days.

What are the risks around staking STARS?

Staking STARS 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 STARS use?

Stargaze blockchain is based on the Cosmos SDK and CometBFT proof-of-stake consensus protocol.

What are the tokenomics of STARS?

Read all about STARS tokenomics here