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User staking and delegation

Anyone holding CHR tokens can participate in network staking by delegating their tokens to providers. This allows users to earn rewards while supporting network security without running their own nodes.

How to stake and delegate​

Step 1: Access the staking platform​

Visit https://staking.chromia.com/ to access the Staking page.

Step 2: Connect your wallet​

The staking platform supports multiple CHR token types:

  • Native CHR on Chromia Mainnet
  • ERC-20 CHR on Ethereum
  • BEP-20 CHR on BNB Chain

Step 3: Choose a provider​

Select a provider to delegate your stake to. Consider factors such as:

  • Uptime and performance: Look for providers with consistent high uptime
  • Commission rates: Check the provider's reward sharing structure
  • Reputation: Consider the provider's history and community standing
  • Total stake: Providers need sufficient total stake to participate effectively

Step 4: Delegate your tokens​

  1. Enter the amount of CHR you want to stake
  2. Confirm the delegation to your chosen provider
  3. Complete the transaction through your wallet

Rewards and returns​

Current rates​

  • Base APR: 3% annual percentage rate in governance rewards
  • Additional rewards: Variable rewards based on provider performance and network fees
  • Rate changes: The APR may be subject to change based on network conditions and governance decisions

How rewards work​

  • Rewards are distributed daily based on your delegation amount
  • The amount varies based on the provider's performance and network conditions
  • You continue to earn rewards as long as your tokens remain staked
  • Additional rewards may come from your provider's share of network fees

Managing your delegation​

Checking your stakes​

You can monitor your delegations and rewards through the staking platform dashboard.

Undelegating (unstaking)​

When you decide to unstake your tokens:

  1. Navigate to your delegations in the staking platform
  2. Select the amount you want to unstake
  3. Confirm the undelegation transaction
  4. Wait for the unbonding period to complete
note

There is a 14-day (336 hours) unbonding period during which your tokens are locked before you can withdraw them. No rewards are earned during this waiting period.

Choosing the right provider​

Factors to consider​

Performance metrics:

  • Block production efficiency
  • Network uptime percentage
  • Response time to network updates

Economic factors:

  • Commission rates on rewards
  • Total stake and delegation capacity
  • Historical reward distribution

Community factors:

  • Provider reputation and track record
  • Communication and transparency
  • Participation in governance

Diversification​

Consider diversifying your delegations across multiple providers to:

  • Reduce risk from any single provider's performance issues
  • Support network decentralization
  • Potentially optimize rewards

Benefits of staking​

For users​

  • Passive income: Earn rewards without technical requirements
  • Network participation: Contribute to Chromia's security and decentralization
  • Flexible involvement: Choose your level of participation

For the network​

  • Enhanced security: More staked tokens increase network security
  • Provider support: Delegations help providers meet stake requirements
  • Decentralization: Distributed staking promotes network resilience

Getting started checklist​

  1. ✅ Acquire CHR tokens (native, ERC-20, or BEP-20)
  2. ✅ Set up a compatible wallet
  3. ✅ Research and select providers
  4. ✅ Visit the Staking page at https://staking.chromia.com/
  5. ✅ Connect your wallet and delegate your tokens
  6. ✅ Monitor your rewards and provider performance

For more information about provider operations and rewards, see the provider documentation.