The Metal Blockchain staking FAQ

What is the APR for staking METAL?

The Annual Staking Reward is a variable rate that is currently around 10 to 12%. The longer you stake the higher the reward. 

Are staking rewards paid on a daily basis?

No, staking rewards are paid at the end of the staking period. 

What is the minimum amount I can delegate?

Users must have 25 METAL to delegate their stake in the wallet. 

What is the minimum amount I need as a validator to stake?

Validators must have at least 2000 METAL to become a validator.

What is the minimum and maximum staking duration?

For both validating and staking, the minimum duration is 14 days. The maximum duration is 1 year (365 days).

As a Validator, how much METAL can be staked in my Node?

The quantity of METAL that you stake as a validator multiplied by 5 would be the allowed METAL to be delegated in your Node. E.G: Validator stakes 2000 METAL then 10000 can be delegated on the Node.

What is the delegation fee?

The delegation fee set by validators is the portion of the rewards that are paid to the validators. The minimum is 2%.

On which chain do you stake?

Staking is done on the P chain on the Metal Blockchain. Steps for sub-chain transfers are cover in in Chapter 06: How to transfer cross-chain in the Metal Wallet of the Metal Wallet's guide section.

How long does it take to unstake?

You receive the unstaked METAL after the staking period ended. You can track this in the Metal Wallet in the rewards section.

Do I receive rewards if a validator node I’m staking with doesn’t meet 80% uptime?

You don’t! If a validator doesn’t meet 80% uptime at the end of his staking period, the validator nor its delegators will be able to earn staking rewards. You can track validator uptimes here, in the local uptime section.

Any related Social Media I could join?

Yep! For Metal Blockchain related news, you can join the Telegram Metal BlockChain chat. For related questions on Node set-up or staking METAL, you can join the Validators chat.

Are there any more options to set up a Node?

Yes. As mentioned in chapter 02 of the Node section, there are other options such as: AWS (E.G AWS Lightsail), Google Cloud, Alibaba, Vultr, Kamatera, Microsoft Azure and more. Most will use very similar steps as in this guide, but with different configuration options and price range.

Also, as time goes by, more guides are provided for these setups by the community or the team.