Staking in cryptocurrency refers to the process where an individual holds or 'stakes' a certain amount of a particular cryptocurrency in their digital wallet to support operations on a blockchain network. These operations can include validating transactions or securing the network. Staking is integral to proof-of-stake (PoS) and proof-of-stake variant consensus mechanisms, where the probability of creating blocks and receiving rewards is proportional to the amount of cryptocurrency a participant holds.

The act of staking provides a dual benefit: it helps maintain the blockchain's security and functionality, and it can potentially yield rewards for the stakeholder. The rewards, often in the form of additional cryptocurrency tokens, serve as an incentive for staking. It's essential to understand that staking involves a commitment, as the staked tokens usually need to be locked up for a fixed period, and during this time, they are not accessible for other uses. It's a critical aspect of decentralization and democratizing participation in blockchain networks.

From a delegator's perspective, staking works by enabling them to participate in network security and validation without running a validator node themselves. Instead, they delegate or lend their coins to a validator (or staking pool) who does the actual work. The process generally involves selecting a trusted validator or staking pool, locking up (staking) their cryptocurrency in the network, and assigning the staking power to their chosen validator.

The validator then operates on behalf of the delegator, participating in the network's consensus mechanism by validating transactions, creating new blocks, or participating in governance. As the network rewards the validator for these efforts, these rewards are then distributed to the delegators in proportion to their staked amount, often after subtracting a commission for the validator's services.

It's important for delegators to research and choose their validators wisely, as the safety of their staked tokens and potential rewards can depend on the validator's performance and reliability. The staked tokens usually remain in the delegator's control and can be un-staked, but there may be a lock-up period or 'Unstaking' time before they can be moved or sold.

Hodla abstracts away all network-specific work and translates protocol-specific content into a single interface, offering a simplified user experience. It takes a standardised input for each transaction type and returns a protocol-specific transaction object that is fully ready to be signed and broadcast to the network. Hodla enables a full suite of staking transactions, including sending, depositing, staking, un-staking, and re-delegating tokens as well as claiming rewards.

Yes, Hodla prioritizes the safety and security of user assets. We leverage native staking smart contracts developed by the respective blockchain networks, ensuring that the staking process is executed in a secure and trusted manner. Additionally, Hodla abstracts away network-specific complexities, providing a standardized and simplified user experience. We take comprehensive measures to safeguard user funds and transactions, ensuring that they are protected against potential risks and vulnerabilities.

Validators serve as the backbone of blockchain networks, responsible for validating transactions and ensuring the network's integrity. In proof-of-stake (PoS) systems, validators are chosen based on their stake in the network and are rewarded for their participation. At Hodla, we go above and beyond to ensure the safety and trustworthiness of our partner validators. We conduct thorough due diligence, assessing factors such as reputation, uptime, and commitment to security. By partnering with trusted validators, we provide users with a secure and reliable staking experience.

Yes, it is fully free for stakers. We earn by taking a commission fee from our partner validators to whom Hodla users delegate their funds.

Delegation is made to the top-notch validators known in the chain. We thoroughly inspect each validator before integrating them to Hodla. We make sure that validator has average commission, highest possible uptime and a crystal-clear reputation.

From the validator perspective, Hodla provides a seamless and efficient platform for engaging with stakers. Validators can leverage our platform to increase user activation and conversion rates in their marketing channels. By partnering with Hodla, validators can benefit from our user-friendly interface and simplified staking process, which enables a broader user base to participate in staking activities. Our revenue-sharing model allows validators to earn additional income by collaborating with Hodla and attracting stakers through their unique referral links. Hodla adds value to validators by offering a secure and streamlined staking experience that enhances their marketing efforts and helps them build a strong user community.

Validators can trust Hodla as a secure platform for staking activities. Hodla prioritizes the safety and security of user assets, leveraging native staking smart contracts developed by the respective blockchain networks. Validators can be confident that their users' funds are secured on the blockchain, as Hodla follows rigorous security protocols and industry-standard encryption measures. By partnering with Hodla, validators can provide their users with a secure and trusted staking experience, further enhancing their reputation and credibility in the ecosystem.

Hodla can support your validator without any code required from your side. We will only ask for your nodes addresses once we partnered up. Please reach us at founders@hodla.org

At this point, we are eager to propose unique offers for the first batch of out partners. Please contact founders if you are interested: founders@hodla.org

Completely non-custodial. Our users sign native staking transactions using third-party wallets they already have.