Stake FRA
Stake your FRA tokens with a validator to support the decentralization of Fractal and earn stake rewards.
Visit the Staking: Key Concepts documentation collection for commonly asked questions and an overview of staking concepts.
User Guide to Staking on Fractal
How to set up the Fractal Wallet
Go to the official Fractal Wallet website and download the desktop wallet.
Please always ensure you back up the mnemonic/seed phrase of your wallet.
Get FRA tokens
Transfer FRA from an existing Fractal wallet to your Fractal Address
If you don't own any FRA, you can acquire some from a CEX partner.
Transfer your FRA to an EVM-compatible Wallet:
Config Metamask for Fractal Mainnet. Check this guide on how to use MetaMask. Visit this page for the latest Mainnet Network Info.
Use the Confluence Bridge to convert smart tokens into FRA native tokens
Congrats, you have successfully transferred FRA tokens from Kucoin to your Native Findora Wallet through steps (2)(3)(4)
Stake
Go to the
Stakingpage on Wallet, and go to the "STAKE" tab to stake your FRA tokensSelect a validator to delegate your FRA tokens to. You can check detailed info of a validator by clicking on the "View" button which directs you to List of Validators
Enter the amount of the FRA tokens you wish to stake. If you click on the "Max" button, remember to reserve some amount of FRA tokens to cover transaction fees.
By clicking on the "STAKE" button, you agree to immediately bond your FRA tokens with the validator to earn FRA rewards. Please carefully check the validator you choose, your delegated tokens are subject to slashing & penalties.
Stake FRA tokens
Unstake
By clicking on the "UNSTAKE" button, you unbond your FRA tokens with the validator.
The unbonding period lasts around 21 days. FRA that is in the process of being unbonded can not be traded on an exchange or sent to other users.
Your FRA tokens are not eligible for block rewards during this period. Slashing risk still exists during the unbonding period.
Frequently Asked Questions (FAQ)
How are staking rewards generated?
To encourage FRA owners to participate in staking, the network has allocated 420m FRA (out of the 21 billion FRA maximum supply created) to pay out as block rewards. These 420m FRA will be used to reward all stakers with FRA rewards (i.e. additional FRAs) for participating in staking/consensus voting.
What are validators, and what role do they play in the Findora ecosystem? How are staking rewards generated and claimed?
Validators are the nodes that allow FRA owners to stake their FRA (and thus help secure the network's consensus voting process). The top 110 validators with the most FRA staked will participate in Fractal's blockchain consensus process。
What are tokenomics of Fractal staking?
Rewards include FRA rewards paid to all top 110 validators for each block and a Block Proposer Bonus (paid to the single validator that proposes a successful block)
Penalties include a 5% double-signing fee and an offline penalty (when the server is offline as a top 110 validator)
You can purchase FRA from any exchange listed on this page
There are two key rules in Fractal staking and tokenomics: one is a dynamic block reward, and the other is the upper limit of voting rights. Dynamic block rewards will adjust FRA rewards rate higher when the percentage of circulating tokens staked is very low. When the percentage staked is low, it is easier to perform a BFT-based attack, so increasing the reward rates during these conditions will motivate users to stake and bring the percentage staked to a more secure level.
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