Sentinel is a cosmos-sdk based blockchain network that builds the foundation for a decentralized VPN and chat service.
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- How to stake Sentinel (DVPN)?
Users can easily delegate DVPN from their native wallet, Cosmostation Wallet, or Keplr Wallet.
By submitting a simple transaction, users delegate their DVPN to a validator who accrue rewards on their behalf and distribute them after deducting a commission rate.
Users keep full custody over their tokens while delegating.
Once delegated, rewards are automatically restaked and compounded.
- How much can I earn staking DVPN?
Staking Rewards are being derived from the inflation in the network.
Right now, the inflation rate is around 49% of the total supply, and set to decrease by 6% every six months.The inflation is being proportionally distributed between all stakers.Feel free to play the scenarios of how many tokens are being staked and respective reward rates with the Sentinel Staking Calculator.
- Which validator should I delegate my DVPN to?
When choosing a validator to delegate your DVPN tokens, make sure to look at the commission rate which has a direct impact on your rewards being paid out. Low Commission = High Rewards.
However please note that commission rates are the bread and butter for many validators. They rely on it to maintain reliable operations.
Furthermore, it is important to make sure that the selected validator is able to maintain a solid close to 100% uptime for their services.
You may want to consider delegating to smaller validators in order to further decentralize the network. This does not only support the network resilience, but also the value of your DVPN investment long-term.
We recommend not to delegate to any validators with 5% or more voting power in the network.
Also consider validators that are long-term committed to providing value to Sentinel by supporting the platforms app development, tooling, and educational materials.
At Staking Rewards we have pre-vetted a bunch of validators in Sentinel. Browse through the list above and search for the verified badge. These validators are registered with Staking Rewards and are considered reliable. Please note that any validator is free to get in touch with us to get verified. We are not affiliated with any of them and thrive to provide an independent ranking.
- Is there any risk staking DVPN?
Yes, a portion of your staked dVPN can be destroyed. There are two ways this can happen:
- If you delegate to a validator that is offline for certain amount of time (9,500/10,000 blocks), you will lose 0.01% of the tokens you have delegated to that validator.
- If you delegate to a validator that signs the same block twice with the same key, you will lose 5% of the tokens you have delegated to that validator.