Celestia
You can safely stake your Celestia
by following the external link to the resource
Celestia
EVERSTAKE validator address
Delegating step-by-step
Why stake TIA with Everstake?
- Everstake is a prominent staking service provider, trusted by 735k+ users across 80+ blockchain networks. We work with diverse crypto projects, actively contributing to the health of the respective ecosystems. Throughout our journey, we've maintained an impeccable record concerning slashing prevention, uptime assurance, and optimal performance.
- Our proficient team maintains the infrastructure you can trust, ensuring the safety of your funds remains a top priority. By delegating through Everstake, you increase your yields while enjoying peace of mind regarding the security of your tokens.
- Each TIA holder is incentivized to contribute to the Celestia blockchain security by delegating their TIA to validators, simultaneously earning rewards.
How can I stake TIA with Everstake?
- Step 1: Choose a wallet that supports TIA staking functionality.
- Step 2: Select Everstake as your validator.
- Step 3: Delegate your TIA tokens to Everstake.
- Step 4: Earn rewards.
- Note: Validators in blockchain networks do not have control over users' funds. They are in charge for validating transactions and adding them to the blockchain, ensuring the network's integrity and security. However, they do not have the authority to access or manage users' funds.
Where can I stake TIA?
Stake TIA via Keplr wallet in one click:
TIA staking guides via specific wallets:
Staking details
- First reward info: rewards start accruing the moment you stake TIA. Once you have earned a sufficient amount of rewards, you may withdraw them manually at any time.
- Reward frequency: per block (~5.14 sec)
- Min amount to stake: no minimum
- Everstake fee: 10%
- Unstaking period: 21 days.
Blockchain overview
Celestia is the first modular blockchain network. It is a modular data availability layer that enables anyone to quickly deploy a blockchain without the need for a validator set.
Celestia, a permissionless network constructed on Cosmos SDK, employs Proof-of-Stake for its consensus security. TIA, Celestia's native asset, plays a crucial role in enabling delegators to support consensus security.
Each TIA holder is incentivized to contribute to the Celestia blockchain security by delegating their TIA to validators, simultaneously earning rewards.
Celestia social media:
Interested in staking more than $500K of TIA?
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
How does Celestia function?
+L2s and rollups utilize Celestia to publish and provide transaction data for anyone to download. Celestia offers high-throughput DA (Data Availability) that can be easily verified with a light node.
Data availability stands as a crucial element in blockchain security, ensuring that individuals can examine the transaction ledger and verify it.
In monolithic blockchains, users typically download all data to ensure its availability.
However, as blocks increase, it becomes impractical for regular users to download and verify all the data, leading to challenges in chain verification. Modular chains address this issue by enabling users to validate large blocks using a technology known as data availability sampling.
Scalability trilemma and Celestia
+Celestia is a modular blockchain network tackling the blockchain scalability trilemma through its new blockchain architecture that separates the consensus mechanism from the execution layer. Celestia approaches the scalability problem with a completely new blockchain design. Instead of bundling everything together on the blockchain, Celestia offers a modular architecture where the blockchain’s Consensus and Data Availability Layers are separated from its Execution Layer.
The advantage of decoupling the Consensus Layer from the Execution Layer is that instead of having every node execute all transactions on the blockchain, nodes are now free to execute transactions that are specific to their application(s) of choice.
Celestia's stage of development
+On October 31, 2023, Celestia unveiled its mainnet to the world.
In preparation for this milestone, the team kicked off the Incentivized Testnet Blockspace Race program. The top 75 validators of these program hold a pivotal role in the successful launch of the Mainnet. Everstake stands as one of these validators actively contributing to the Mainnet's operation.
Celestia token
+Celestia's native token, TIA, has multiple functions:
- Blobspace Payment: Rollups use TIA to publish data to Celestia's blobspace.
- Gas Token for Rollups: Developers can choose to employ TIA as a gas token for their rollups.
- Network Security: Users can stake TIA to participate in the consensus process, enhancing the security of the Celestia blockchain.
Celestia staking
+Celestia utilizes a proof-of-stake (PoS) consensus protocol rooted in CometBFT and the Cosmos SDK. The network includes in-protocol delegation. After the mainnet release, users can now stake TIA to validators.
Everstake is a responsible validator. Our DevOps team manages dozens of bare metal servers to ensure 99.9% uptime so that you always get your rewards.
Who can control my delegated funds?
+The delegator retains control over their funds. Delegating these funds to a validator does not grant the validator access to them, and the validator cannot delay the delegator's rewards or undertake any other actions. As a result, the delegator's funds remain secure.
What is the fee?
+These service fees are the charges applied by Everstake and other validators to each account utilizing the staking service. These fees have already been subtracted from the APR (Annual Percentage Rate).