Jun 06, 2024
MPC Staking on Partisia Blockchain: A Comprehensive Guide
Guides · 8 Minute Read · Written by Kamil Zawieja
TL;DR:
- MPC staking rewards are generated from transaction fees and inflation, which are distributed quarterly and depend on tokens staked, the percentage of unlocked tokens, and node performance. Estimate your rewards using the MPC Staking Calculator, helping you understand the potential staking APY.
- Track your staking portfolio, including reward rates, validator count, and staking ratio, using the Partisia Blockchain asset page.
- Choose validators wisely using the Staking Rewards Verified Staking Provider (VSP) Program, considering metrics like commission rates, number of users, validators' self-staked balance, and performance. Partisia Blockchain node operator must accept delegators' stake.
- Staking steps in a nutshell:
Step 1: Navigate to the Partisia Blockchain Dashboard and log in with your wallet.
Step 2: Acquire node operator address. Select the operator enrolled in our VSP Program or choose an address from Partisia Blockchain Explorer.
Step 3: Go to “Your assets” and click “Delegate”.
Step 4: Enter the node operator address and the amount of MPC tokens to stake.
Step 5: Click “Confirm” and finalize the transaction in your wallet.