#10
On 549 watchlists

Internet Computer

ICP

About

Internet Computer is the world's first blockchain that runs at web speed and serves content on the web, with unbounded capacity.

$1,224,134,185

$1,604,384,090

74.02%

30d

+0%

N/A

Reward Options
Risk
Complexity
Reward
Adj. Reward
Minimum
Lock Up
Avg. Fee
Staking Ratio
Stake ICP
Risk
stable
Complexity
moderate
Reward
7.58%
Minimum
1
Lock Up
180 d
Staking Ratio
100%
Adj. Reward
-3.08%
Avg. Fee
-
Stake ICP Max Return
Risk
stable
Complexity
moderate
Reward
17.3%
Minimum
1
Lock Up
2922 d
Staking Ratio
100%
Adj. Reward
5.68%
Avg. Fee
-

Calculate how much you can earn by staking Internet Computer. Results vary based on the staking amount, term, and type selected.

USD
ICP

Advanced calculator

Revenue over time (USD / week)

Total Reward Rate

0%

or 0% annualized

Est. Monthly Earning

$0

0 ICP

Est. Yearly Earning

$0

0 ICP

FAQ's

  • How do I start staking ICP?
  • Before you can stake any tokens, you firstly need to acquire them; I myself bought them on Binance, but any other exchange might do.

    Currently, ICP is available to trade on Binance, KuCoin, Huobi, and Coinbase.

    After that, I had to go and register my new Internet Identity here. You can either use a security key, and sign up via your laptop/PC, or use your phone with Screen Lock. Once you have your Internet Identity set up and are logged in, you should see a long wallet address. I sent my ICP from Binance and within a couple minutes I saw them on my main page. Binance charged me a withdrawal fee of 0.0003 ICP.

    You can also create and manage your neurons through your command line, via the DFX interface. You will need a minimum of 1 ICP to stake, so being a high spender, I bought 2 ICP just to make sure I had more than enough.

    Staking your ICP is as easy as swiping right on the mobile phone browser, clicking ‘Stake Neuron’; deciding on an amount and pressing create. I once again, paid a small transaction fee of 0.0001 ICP to confirm.

  • What is the Dissolve Delay?
  • The Dissolve Delay (DD) is the time it will take you to unlock your ICP after clicking Start Unlock. To receive any staking rewards, you will need to set your DD to at least 6 months, to receive the max staking rewards you will need to set it to 8 years (which is the maximum). You can decide to increase your DD at any point, but please be aware that you cannot at any point decrease the DD and cannot get your ICP any sooner than the DD you set. You have to make sure that your DD doesn’t fall below 6 months, otherwise, you will not receive any more rewards. You can easily increase your DD afterward, by clicking on your Neuron, and ‘Increase Dissolve Delay’.

  • Do I have to vote on every proposal?
  • The first requirement to receive any Staking Reward is to have a DD of at least 6 months, the second one is to vote on Governance Proposals. To maximize your return, you will need to vote on every single proposal.

    To make it easier for you, we are able to follow other voters such that we don’t miss any proposals. I decided to leave the default on, which is to follow the Internet Computer Association. Once you have finished this part, you should see your New Neuron on the screen.

  • How much can I earn by staking ICP?
  • Your Staking Rewards are relative to your DD and your voting history, the longer your DD the higher your rewards, and the more you vote, the higher your rewards. Currently, setting your DD to 8 years, and voting on all proposals will get you roughly 28% APY. This can be increased slightly by compounding your returns. Your reward ICP will update every day in the form of Maturity.

    Maturity is displayed as a percentage and is the Return on Investment you have made so far.

    As soon as your Maturity % multiplied by Staked ICP is 1 or higher; you can spawn a New Neuron.

  • How and why can I spawn a New Neuron?
  • Spawning a New Neuron is only possible once your reward is 1 ICP or higher. Once you spawn a new neuron, your current neuron’s maturity will go to 0; and the new neuron will have a staked amount equal to your old Maturity % times Staked ICP.

    Newly Spawned Neurons have a DD of 7 days, after which you are free to do what you want with them; either withdrawing them to a different wallet and selling them or adding them back to your first Neuron for compounded rewards.

    This means, that by spawning neurons efficiently, you can increase your annual return by compounding the rewards.

  • What is the Internet Computer?
  • The Internet Computer is a blockchain that runs at web speed with unbounded capacity.

    As a crash course in blockchain history, Bitcoin created digital gold. Then, in the next step of the evolution, Ethereum developed smart contracts and pioneered DeFi and NFT use cases.

    The Internet Computer is the third major blockchain innovation — a blockchain that scales smart contract computation, runs them at web speed, processes and stores data efficiently, and provides powerful software frameworks to developers. By making this possible, the Internet Computer enables the complete reimagination of how systems and apps operat

  • What is the ICP Token?
  • Internet Computer (ICP) is a utility token that allows users to participate in and govern the Internet Computer blockchain network. Participation is done by staking your ICP tokens, and rewards are gained by voting on Governance. To make it easier, you are able to follow another Node’s votes meaning you do not have to constantly vote yourself.

  • When was the Internet Computer launched?
  • On 2021 May 10, the Internet Computer’s Mercury Genesis milestone transitioned the network into fully public mode.

    At a special launch event held three days earlier, DFINITY Founder and Chief Scientist Dominic Williams and members of the Foundation’s research and development staff explained the novel cryptography and architecture that allow the Internet Computer to extend the functionality of the global internet so that it can host software, transforming it into a public computer that empowers developers and entrepreneurs worldwide.

    Watch the launch event!

  • Who is the Founder of the Internet Computer?
  • Dominic Williams is the Founder and Chief Scientist of DFINITY. He is a crypto theoretician, responsible for inventing Threshold Relay, Probabilistic Slot Consensus, and other novel crypto techniques, serial entrepreneur, and early member of the Bitcoin and Ethereum technical communities. Previously, he was President and CTO of String Labs, an incubator for venture-backed crypto projects, early pioneer of DeFi at Mirror Labs, and Founder and CEO of Fight My Monster, a MMO game for children that scaled to millions of users. He also founded several startups such as System7, Airdocs and Smartdrivez. Graduated King’s College London 1st in Class in Computer Science.

  • What is the Dfinity Foundation?
  • The Internet Computer was incubated and launched by the DFINITY Foundation, a not-for profit scientific research organization based in Zurich, Switzerland, comprised of the world’s top cryptographers and distributed systems and programming language experts, with nearly 100,000 academic citations and 200 patents collectively. Notable technologists at DFINITY include:

    • Jan Camenisch, PhD (CTO) – world-renowned cryptographer & privacy researcher, led IBM’s Cryptography / Research department for 19 years
    • Andreas Rossberg, PhD (Principal Engineer and Researcher) – the co-creator of WebAssembly and former team lead for the Google Chrome V8 engine
    • Ben Lynn, PhD (Sr Staff Engineer and Researcher) – world-renowned cryptographer and Google Engineer, the “L” in BLS cryptography, the key signature system being used in Ethereum 2.0
    • Jens Groth, PhD (Director of Research) – world-renowned cryptographer, known for pioneering non-interactive zero knowledge proofs
    • Timo Hanke, PhD (Principal Researcher) – creator of AsicBoost, one of the few proven algorithmic optimizations for Bitcoin mining
    • Paul Liu, PhD (Staff Engineer) – architected Intel’s Haskell compiler and received his PhD under Paul Hudak, a key designer of Haskell
    • Johan Georg Granström, PhD (Director of Engineering) – former Sr Staff Software Engineer at Google responsible for scaling YouTube system infrastructure