icx
ICONstats
6.3%
apr
6.3%
apr
price
0.12 $
reward frequency
Per day
CALCULATE your PROFIT
ENTER your AMOUNT
EVERSTAKE FEE: 15 %
your earnings will be:
daily
0.02
icx
monthly
0.53
icx
yearly
6.30
icx
The calculations only give an approximate amount, as the price
fluctuates.
calculator – your earnings
daily
0.02
icx
monthly
0.53
icx
yearly
6.30
icx
price
0.12 $
reward frequency
Per day
ICON
EVERSTAKE validator address
hx8e6dcffdf06f850af5d372ac96389135e17d56d3
Delegating step-by-step
Why stake Icon with Everstake?
- Everstake stands out as a premier staking service provider, relied upon by more than 735,000 users spanning over 70 blockchain networks. With a deep commitment to numerous crypto projects, we actively foster the vitality of endorsed ecosystems. Along our path, we've maintained a stellar track record in averting slashing incidents, guaranteeing uninterrupted service, and achieving peak performance.
- Our expert team oversees robust infrastructure, placing utmost emphasis on safeguarding your assets. Entrusting your staking with Everstake presents opportunities to enhance your returns while resting assured about the security of your tokens.
- You will be receiving more ICX tokens for staking. On top of that, you will be able to vote for P-Reps improving network governance and stability.
How can I stake Icon with Everstake?
- Step 1. Select a wallet that offers staking functionality
- Step 2. Choose Everstake as your validator
- Step 3. Delegate your ICX tokens
- Step 4. Get rewards
Where can I stake Icon?
Web Wallets
Mobile Wallets
Hardware Wallets
Staking details
- First reward info: It takes 48 hours to start receiving rewards
- Reward frequency: Every 24 hours
- Min amount to stake: No requirements for a minimum staking amount
- Fee to activate the wallet: 0.0013 ICX
- Everstake fee: 14.99%
- Unstaking period: 11 days
Blockchain overview
ICON is a decentralized blockchain platform that aims to connect various blockchain networks and communities to enable seamless communication and value exchange. Its main features include a unique consensus algorithm called "loopchain" that allows for high scalability and low latency, its own cryptocurrency ICX, the ability to connect different blockchain networks with Blockchain Transmission Protocol (BTP), a decentralized network of independent blockchain communities, and a decentralized governance structure where ICX holders can vote on important network decisions and proposals. Overall, ICON's goal is to create a decentralized network of blockchain communities that can communicate and transact with each other seamlessly.
Interested in staking more than $500k of ICX?
Everstake is happy to discuss special staking conditions & services we provide for institutions and large investors. Please contact [email protected] or book a slot for any additional details.
faq
ICON Tokenomics
+ICON Tokenomics was improved with ICON Economic Policy (IISS 4). IISS 4 aimed at enhancing the network in the following aspects:
- Enhanced Decentralization: Expanding the pool of block producers fosters a more resilient network, reducing the likelihood of failures or attacks.
- Improved Rewards: Guaranteeing validators and their supporters receive rewards solely for their active contributions to network security.
- Reinforced Penalties: Introducing additional penalties to deter detrimental actions and uphold the safety and security of our network.
Read the full proposal here.
Who are P-Reps?
+Public Representatives or P-Reps are the entities on the ICON blockchain that get elected by the community, so that they could represent certain interests of the majority and govern the network by proposing and voting for different policies. It’s also important to mention that Public Representatives are running validating nodes that process transactions on the network and participating in block producing.
Do I have any control over my staked ICX tokens?
+You have always control over your staked ICX tokens, but in case you decide to interrupt the staking process, aborting the lock-up period, then you become the subject to 6% burn penalty. But it happens only if P-Rep that you have staking with is not an active participant, then he will be penalized by the network. So penalties occur when the P-Rep’s block producing rate decreases below 85%. Moreover, if the P-Rep was detected while conducting network disrupting activities, then he will be penalized as well, so it very important to choose a well-known P-Rep with high reputation.
What is APR and APY?
+APR stands for Annual Percentage Rate. This is the percent that you will receive when staking with a validator. APR should not be treated as constant as it is influenced by a number of factors: the number of nodes, service fee, top-up amount of the pool and of the network, uptime rank. Remember that the more users start staking, the less APR in the network. You may find an actual APR in the explorers mentioned above.
APY stands for Annual Percentage Yield and is the projected rate of annual return after taking compounding interest into account. In order to understand how APY is calculated, it is important to understand compound interest. In essence, compound interest is interest earned on previously earned interest.
How Everstake deduces validator fee?
+“Validator fee” refers to the rewards received by Validator for participating in the Blockchain network Validation process. Everstake determines the validator fee through a process involving analysis and consideration of various factors, such as network requirements, operational costs, and market dynamics.
Control over users' funds
+Validators don't have control over users' funds in blockchain networks. Instead, they validate transactions and participate in the consensus process based on the rules defined by the network protocol. Users retain control over their funds through private keys, which are used to sign transactions and authorize transfers. Validators' roles involve confirming the validity of transactions and blocks, but they don't have the authority to access or manipulate users' funds.
