Cyber is a decentralized alternative to google.
- How to stake Cyber?
CYB (mainnet token) or EUL (the canary equivalent of CYB) tokens can be staked by locking them with a chosen validator. The easiest way to currently do so is to use the Keplr Metamask-like extension for CosmosSDK-based chains
- How much can i earn staking Cyber?
The reward is calculated from dynamic parameters. It is dependent on the current inflation, minus commission to the staked validator, if the validator has set a commission. The inflation is a dynamic parameter decided via governance proposals.
- What are the requirements to stake Cyber?
- Is there a risk to stake Cyber?
Yes. By delegating CYB (or canary EUL), 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 Service.
- How long are Cyber tokens locked in staking?
For the current canary network (euler-6) the unbonding period is 5 days. Afterwards this parameter will be set via governance proposals.