IRISnet

IRIS

About IRISnet

IRISnet is Interchain Service Hub for NextGen Distributed Applications. The market cap is $26,082,119 and the 24h volume is $3,417,054.

Interoperability
Price
$ 0.0347
24h Change
-3.1%
Reward
10.07%
Score
71.08%
Total Staked
35.84%
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Monthly Earning$NaN
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Yearly Earning$NaN
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Staking IRISnet

IRISnet blockchain consensus is achieved via Delegated Proof of Stake. Investors can leverage their crypto via staking. Currently there are 2 options to earn passive income and staking rewards with your IRISnet investment as outlined below.

Delegate Iris

Annual Reward: 10.07%
Adj. Reward: +6.06%
Complexity Rating: easy
Risk Rating: risky
Default Provider Fee: 10.00%

Run a Delegate Node

Annual Reward: 11.18%
Adj. Reward: +7.18%
Required tokens to validate:10 IRIS
Complexity Rating: very hard
Risk Rating: risky

FAQ's

  • How to stake IRISnet?

    For the average user the best way to stake IRIS is by delegating / bonding to one of the Validators of the Network.

    It can be done using the Rainbow Wallet or Command Line Interface (CLI).

  • Is there a risk to stake IRISnet?

    Yes even by delegating IRIS, the coins are at risk of slashing. If the Validator misses blocks or tries to corrupt the network, the delegator holdings might get slashed. Therefore it is very crucial to choose a professional and trusted Staking Provider.

Dive Deeper

Last updated: 2020-07-14 05:45:16