ksm
Kusama
Kusama
6.29%
apr
6.29%
apr
price
20.28 $
reward frequency
Per era
Total delegated to Everstake:
72 671
KSM
stake
You can safely stake your Kusama
by following the external link to the resource
CALCULATE your PROFIT
ENTER your AMOUNT
EVERSTAKE FEE: 10 %
daily
0.02
ksm
monthly
0.52
ksm
yearly
6.29
ksm
Kusama
EVERSTAKE validator address
ESRBbWstgpPV1pVBsqjMo717rA8HLrtQvEUVwAGeFZyKcia
Delegating step-by-step
Why Delegate KSM With Everstake?
- Token holders can participate in the development of the network and help validators maintain network stability by delegating their tokens.
- Everstake is one of the Kusama validators. If you are a Nominator, a staker called within the Kusama ecosystem, and would like to support Everstake's validator, you can easily do it by delegating with our validator: ESRBbWstgpPV1pVBsqjMo717rA8HLrtQvEUVwAGeFZyKcia.
- We at Everstake strive to assist the crypto community in becoming more familiar with Kusama technology and innovations. We participate at all levels in community life, following updates and publishing news and educational materials on social media channels.
Delegate with Everstake on Polkadot.
KSM Delegation Guides
Web Wallets:
Mobile Wallets:
Blockchain Overview
The Kusama Network is a network of specialized blockchains created with Substrate, sharing a similar codebase with Polkadot. It allows developers to experiment with new features and technologies in a real-world setting but with lower stakes compared to Polkadot. Kusama uses a Nominated Proof of Stake (NPoS) consensus mechanism and supports parachains, which are individual blockchains running in parallel to each other and connected to the main Relay Chain.
Key features of the Kusama Network
- Fast Iteration: Governance and upgrades occur up to four times faster than on Polkadot, enabling rapid development and experimentation.
- Lower Barriers to Entry: The requirements for bonding tokens and deploying parachains are less stringent, making it more accessible for developers.
- Decentralized Governance: Every KSM token holder can participate in the network's governance, ensuring a decentralized decision-making process.
- Economic Value: Unlike typical testnets, Kusama has real economic value and supports live projects, making it a functional network rather than a simple test environment.
- High Security and Scalability: Despite being a testing ground, Kusama maintains high-security standards and the ability to scale efficiently.
Kusama Network Links
Staking Details
- Epoch duration: 1 hour.
- First reward info: Rewards are paid out every 6 hours (each era) after the nomination is confirmed.
- Reward frequency: Rewards are distributed every era, which is every 6 hours.
- Min amount to stake: There is no minimum KSM to start staking. However, if requires 0.343771 KSM to become an active nominator.
- Everstake fee: 10%.
- Unstaking period: The unstaking period is 7 days.
- Min amount of KSM you can have in your account: 33.3333 microKSM (0.0000333333 KSM). Kusama uses an existential deposit (ED) to prevent dust accounts from bloating chain state. If an account drops below the ED, it will be reaped, i.e. completely removed from storage and the nonce reset.
Interested in staking more than $500K of KSM?
Everstake is happy to discuss our special staking conditions and services for institutions and large investors.
Please contact Everstake's Head of Staking, Alina Tielnova, at [email protected] or book a slot for any additional details.
faq
Kusama Parameters
+- Slot: 6 seconds (generally one block per slot)
- Epoch: 1 hour (600 slots x 6 seconds)
- Session: 1 hour (6 sessions per Era)
- Era: 6 hours (3600 slots x 6 seconds)
What is KSM?
+KSM is the native token of the Kusama Network. KSM can be used for transaction fees, staking, governance, acquisition of a parachain slot and for enabling several key functionalities on Kusama.
What is staking?
+Kusama uses NPoS (Nominated Proof-of-Stake) as its consensus mechanism. The system encourages KSM holders to participate as nominators. Both validators and nominators lock their tokens as collateral and receive staking rewards.
The staking system pays out rewards essentially equally to all validators regardless of stake. Having more stake on a validator does not influence the amount of block rewards it receives. However, there is a probabilistic component to reward calculation, so rewards may not be exactly equal for all validators in a given era.
Distribution of the rewards are pro-rata to all stakers after the validator's commission is deducted. In this way, the network creates incentives for the nomination of lower-staked validators to create an equally-staked validator set.
Kusama staking requirements
+Yes, there are some requirements when it comes to staking. Please check the complete list below:
- 0.000333 KSM: the minimum balance required to have an active account on Kusama Network. If your account balance drops below the minimum, your account will be reaped.
- 0.343771 KSM: the minimum amount of KSM required to become an active nominator and earn rewards.
- 0.001667 KSM: the minimum contribution required to join a nomination pool and earn staking rewards for contributing to the security of the network. Learn more about nomination pools.
- 1.000000 KSM: the minimum contribution required to participate in crowdloans for parachain slot auctions.
- 0.333333 KSM: register an on-chain identity
- 0.666933 KSM: create a proxy account.
- 1 KSM: you can create your own nomination pool.
