Harmony staking one1aagrkq9vg49jm5xx22fvm4leg0lt48qeupexvu

In simple words, Harmony staking can be compared to a bank deposit, where you delegate (delegation means bonding with the smart contract, not actual transferring in this case) your Harmony tokens to a particular network validator to empower the network decentralization, security, and performance. For this initiative, the network rewards individuals that staked their ONE tokens.

Harmony Protocol is a Proof-of-Stake blockchain which means the security of the network is protected by staked tokens. ONE token is the native token that’s accepted for staking. Potential node runners need to stake a certain amount of ONE token to be elected as a validator. ONE token holders are also able to delegate their ONE tokens to existing validators to participate in the staking process. The more ONE token staked, the more secure the network becomes. Elected validators who successfully sign blocks will receive block rewards in ONE tokens as compensation for their services.

Staking in the mainnet brings you staking rewards (minus validator fee), which is calculated as percentage of the block reward. For our delegators convenience, we have developed a Staking Rewards Calculator to estimate potential benefits. The calculation of rewards is based on multiple factors such as: uptime, amount staked, keys used, vps reliability. The validator takes their fee for running the software and its maintenance, which results in a percentage of the block rewards. When you find that validator's fee is higher than average, this may be explained by a higher level of service and responsibility, as well as safety and security measures taken.

100 ONE.

7 epochs. Please be aware that during unstaking period you won't be receiving rewards.

The epoch length is ≈ 18 hours.

You can keep a track of rewards within a wallet. Currently, few wallets support ONE staking feature. Amongst them, Harmony One Wallet Chrome extension (desktop), Trust Wallet through Frontier (iOS), Math Wallet and Frontier Wallet (both Android and iOS), Guarda Wallet (both mobile and desktop), Blits Wallet. Please check our step-by-step Guides for more information.

To compound (add to a current stake), you have to claim your rewards first. You can claim rewards at the end of each epoch. Once you've collected a minimum amount to stake, you are able to compound those.

It’s very important to mention that staking doesn’t mean that you actually send your tokens to another address, instead your Harmony gets locked up by the network until you decide to unfreeze it later on. Once it’s locked, the cryptocurrency can’t be used for any other purpose, except staking that you will be getting rewards for.

Yes, you do have a full control of your tokens, it is just locked up by the network. Feel free to use your tokens once you have unstaked them. Please be aware of the unstaking period.