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What is Desmos Staking?
Desmos staking is the act of delegating your DSM tokens to a validator. Stakers can earn - through participation in securing the network.
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What is Desmos?
Desmos is a Proof of Stake blockchain protocol that allows developers to build social networking or social-enable apps.
Desmos aims to provide developers a protocol with which they will be able to create decentralized and censorship-resistant social enabled apps. Different apps, with different scopes and their own Term of Services will be able to use the features offered by Desmos to customize their user experience in a unique way.
Core features of Desmos
The core features of Desmos are organised in modules following the specification of the Cosmos-SDK.
Here a brief description of each one of these:
Profiles: Handles the creation and management of a decentralized identity and its own links with both your other chains wallets and centralised applications;Relationships: Handles the creation and management of mono-directional and bidirectional [relationships] between users’ wallets. It also allows managing users blocks lists;Subspaces: Handles the creation and management of a [subspace] and their [sections] inside Desmos;Posts: Handles the creation and management of posts and their contents. These contents can include a variety of different attachments such as medias (pics, gifs, videos) and polls. Posts can also be enriched with a variety of [entities].Reactions: Handles the creation and management of reactions to posts;Reports: Handle the creation and management of posts’ and users’ reports.
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Desmos Staking is trending upwards this month
Over the past 30 days, there has been a net increase of DSM staked on Desmos, worth - at the current market rate. During this period, the price of DSM has increased by -, with one DSM currently priced at . Today, the inflation rate of the network is undefined%, which represents an increase of NaN% over the same time frame.
Performance over Time
Track Desmos staking over time by analyzing key performance metrics.
Desmos
Analyze DSM Staking Data
Compare the market position of DSM against other staking assets.
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Desmos Staking Over the Past 7 Days
As of today, there are undefined stakers actively staking on the network. An additional undefined DSM stakers became active over the past 7 days, representing a undefined% increase over this time period. The Staking Ratio, or percentage of DSM being staked, is currently undefined% of the total eligible circulating supply, increasing by undefined% over the past 7 days. In total, DSM is staked across the network, generating $ worth of staking rewards per year.