CSPR is the native token to the Casper network. As a Proof of Stake blockchain, Casper relies on CSPR to reward the validators that participate in the PoS consensus mechanism to secure and uphold the network. Casper users pay fees with CSPR. Validators receive CSPR token as a reward. Casper users also rely on CSPR to pay network fees for on-chain actions. The CSPR token was available through CoinList for the initial public token sales (March 23-28th, April 7th, 2021). Nowadays, one can purchase tokens on certain trading platforms, such as Huobi, Coinlist Pro, Gate.io, Hoo, Crypto.com, and others.

All future tokens will only be those created algorithmically to reward validators. This will be a single digit percentage inflation each year, much like in the Ethereum network.

To take part in the DPoS process, users save up digital assets to form a 'stake,' and delegate it to those who do all the upkeeping work and get a share of the reward in return. This process is called staking. By staking, you take part in the consensus mechanism.

Staking is a vital process for DPoS blockchains. It allows selecting the best block producers to do the work, ensures decentralization and minimizes the chances of ruining the network. Staking allows more block producers / validators to be involved in the blockchain, and more network users to collect rewards.

Is there a minimum amount to stake? What is the trx fee for delegation?

Casper Network does not have a minimum staking threshold, but you should take into account the network’s fee for delegation and similar transactions, which is 3 CSPR per transaction currently, so it doesn’t make sense to stake less than 3 CSPR.

Do CSPR rewards auto-compound?

Yes, the rewards are being added to your stake account automatically, no need to claim rewards and re-stake.

Do I need to keep some liquid (not staked) CSPR on my balance?

We recommend keeping a minimum of 5–10 CSPR, since further unstaking may not be possible with an account balance of less than that.

When will I be able to track my rewards?

You will be able to track rewards in 2-3 eras upon delegation.

How to unstake?

Use Casper Signer Google Chrome extension to undelegate CSPR. Check our Medium Guide here, or the Video Guide on Youtube.

What is the unstaking period?

A waiting period of 7 eras ≈ 14 hours is required before unstaking tokens, for safety reasons.

The minimum staking amount is 500 CSPR.

There is a one era (≈120 min) delay before your funds are staked and start generating rewards.

Once you undelegate, there is a 7-era delay, or so-called unstaking period, to have your tokens liquid again.

Average block time: 32,768 ms.

Token: CSPR.

Reward payout frequency: per era.

Era: ≈ 2 hours.

Reward payout mechanism: Delegators receive a portion of the validator's rewards directly, proportional to what they delegated, minus the validator's delegation rate. The rewards earned are reduced if a validator is offline or cannot vote on many blocks.

Annual reward: ≈10-11%.

Unbonding period: 14 hours (7 eras).

A Total supply at Genesis is 10 B.

Max supply is undefined, similar to ETH.

People are coming to crypto from different industries. In order to guide newcomers through complexities, providing them with the detailed information related to a blockchain, we work hard to create more educational content.

Read our introductional articles on Casper:

• The Casper Network’s Vital Perspectives in DeFi
• Introducing Casper Network – an Optimized Blockchain for Business and Developers
• Presentación de Casper Network — la Blockchain optimizada para negocios y desarrolladores
• İş Dünyası ve Geliştiriciler için Optimize Edilmiş Bir Blokchain — Casper Network Tanıtımı
• Знакомство с Casper Network – оптимизированным блокчейном для бизнеса и разработчиков
• Choosing a Casper Network validator
• CasperLabs Brings Advanced Blockchain Tech to Enterprisess
• Casper Ecosystem Overview: Pushing For Enterprise Adoption

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