Aion is the digital asset that serves as security and access to The Open Application Network.
Calculate how much you can earn by staking Aion. Results vary based on the staking amount, term, and type selected.
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- How to stake AION?
- Which metrics do the rewards depend on?
- Is there a risk to stake AION?
- What is Aion?
- How was Aion launched?
- Who is the team behind Aion?
The easiest way to stake AION is by delegating your tokens / staking rights to a Validator who runs the infrastructure for creating new blocks and confirming transactions.
Delegating can be done within the official Unity Staking Interface with a single-click operation.
The individual AION rewards depends on the Block Reward, Block Time, Daily Network Rewards and Total Staked.
Every block one validator is randomly selected to create a block, whereas 1 staked or delegated token counts as one “lottery ticket”. The selected validator has the right to create a new block and broadcast them to the network. The Validator then receives the 50% of the block reward and the fees of all transactions (network rewards) successfully included in this block, whereas the PoW Miner receives the other 50%.
In our Staking Calculator you can play with the above mentioned metrics to understand the dynamics and create all kinds of reward scenarios.
Delegating Aion is very safe. The investor is always in control of their private keys and the coins are not transferred to anyone.
The entire staking lifecycle is managed by smart contracts.
Delegating is just like voting, where the voting power is pegged to the number of coins currently held in the address.
Aion is the digital asset of The Open Application Network. Aion is used to secure and access The OAN.
As a public infrastructure, a global community of individuals, software companies, and institutions secure and maintain the operations of The OAN.
These critical functions are enabled and incentivized using Aion. The Open Application Network solves the unintended consequences of platform economies.
The OAN is an open source public infrastructure for the creation and hosting of Open Apps.
Open Apps are programs that put users back in control and are universally accessible across platforms. The OAN is built on open standards and is owned by everyone that uses it.
Aion was launched in 2017 as an ERC-20 token in a public token sale that raised over $28M USD at the time. Subsequently in April 2018, Aion launched its mainnet with the native coin, AION. The network has been live since and now operates a hybrid PoW/PoS system as of November 2019.
50% of the total tokens supply has been sold in the Public Sale.
20% of the total tokens supply has been reserved for the Foundation.
20% of the total tokens supply has been resever for the Aion Founding Partners.
10% of the total tokens supply has been sold in the Private Sale.
Aion has a global team of over 50 people across 3 offices in Toronto, Barbados, and Shanghai. The team is led by Matt Spoke the founder and CEO of The Open Application Network. Matt is also an active and founding board member of the Enterprise Ethereum Alliance and a founding director of the Blockchain Technology Coalition of Canada. Earlier in his career, Matt founded Deloitte’s first blockchain team and has spent the last five years working closely with some of the world’s foremost leaders in distributed technology. Matt has spoken at major tech conferences around the world including: Consensus, Elevate, and Collision. Matt is considered by many as a thought-leader in technology and is a regular editorial contributor on Forbes.com.