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Fantom Validator
Nov 5, 2019
  ·  Edited: Jan 8, 2020

How does Fantom staking model work?

In order to earn FTM, a FTM holder has two options:

  1. Running a validator node, or

  2. Delegating to a validator node

  3. Read a full guide for delegating here - our validator id is 15


Validator nodes actively participate in the consensus of the network to validate transactions. A validator must, at all times, maintain a minimum stake of 3,175,000 FTM (0.1% of the total supply).

Regular users can delegate their holdings to a validator node. The delegating user will have their tokens locked but does not have to run dedicated staking software. The minimum stake in this case is only 1 FTM.

Validators will earn fees through three mechanisms: Returns (Validator) = block rewards + transaction fees + delegated fees

Delegators will earn fees through two mechanisms: Returns (Delegator) = block rewards + transaction fees - delegated fees

The total reward given to a delegator is represented by this formula:

Daily Delegator Reward = Daily Validator Reward * (0.7 * tokens delegated / validator weight)


Learn more from Fantom Foundation official sources:

  1. https://medium.com/@blokcove/staking-ftm-on-opera-the-complete-guide-7b9fbabecf0f

  2. https://medium.com/fantomfoundation/fantom-improvement-proposal-1-proof-of-stake-fip-1-17bbbe225e70

  3. https://medium.com/fantomfoundation/fantom-improvement-proposal-2-proof-of-stake-by-the-numbers-fip-2-a02404144322

  4. https://medium.com/@FantomFDN/fantoms-proof-of-stake-decrypted-d34754caab28


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