Flow

FAQ's

• How to Stake FLOW?

  Any account in the network may also participate in staking by delegating their tokens to a node operator. Every node operator in the network is eligible to receive delegations, there is no opting out.

  To delegate to a node, a user simply specifies the ID of the node they want to delegate to and the amount of tokens they want to delegate. The tokens are committed and managed in the exact same way that normal staked tokens are managed.

  If you created your account using the Flow Port, you can stake and earn rewards using the Flow Port. Flow Port currently supports staking, delegation and reward withdrawal using Blocto and Ledger accounts / wallets.

  If you are using a custody provider who controls your account and private keys for you, such as Kraken, Finoa, or Coinlist, they all have different policies and processes for what you need to do to stake your tokens, the rewards you receive, and the fees that they take from your staking rewards.

• How much can I earn Staking FLOW?

  Rewards are paid at 6:00am PT (14:00 GMT) on Tuesday, every week, to all the users that have tokens staked.

  Once distributed, rewards are unlocked and liquid, so they can be transferred at any time. Some custody providers might require extra steps to withdraw user staking reward so please contact your respective provider to get additional information as needed.

  The numbers in this table represent the total amount of tokens that are paid as staking rewards at each epoch to the entire pool of participants in the Flow network as a whole. While total staking reward per epoch is known and fixed, individual rewards are variable depending on many factors.

  DEC 22	DEC 29, JAN 5, 12, 19, 26	FEB 2 WEEKLY ON TUESDAYS UNTIL DEC 21, 2021	WEEKS 53+
  Total Rewards % (Annual)	5%	20%	5%	TBD
  Total Rewards Amount Per Week	~1.2M FLOW	~4.4M FLOW	~1.2M FLOW	TBD

• What are the Risks to Staking Flow?

  Staked funds are placed at risk and can be penalized, or slashed if a validator node is unavailable or acts maliciously.

  Flow slashes nodes only for Byzantine acts that directly impact the security and integrity of the network and its shared execution state. Nodes are not slashed for liveness infractions. The protocol reserves slashing for maintaining the security of the protocol rather than its liveness.

  Slashing is not currently enforced by the staking contract. It will be handled on a case-by-case basis for the foreseeable future to ensure network participants have time to participate in the testing and rollout of slashing.

  When slashing is enforced, slashable protocol violations must be adjudicated by a supermajority of more than 2/3 of the staked consensus nodes in order to take effect. If a node is found guilty of committing a slashable protocol violation, the consensus nodes directly deduct a fine from the node’s stake. Of course, only the remaining stake is deposited back into node’s balance at the end of the unstaking period.