egld
MultiversX
MultiversX
6.1%
apr
6.1%
apr
price
29.09 $
reward frequency
Per epoch
Total delegated to Everstake:
180 618
EGLD
stake
You can safely stake your MultiversX
by following the external link to the resource
CALCULATE your PROFIT
ENTER your AMOUNT
EVERSTAKE FEE: 15 %
daily
0.02
egld
monthly
0.51
egld
yearly
6.10
egld
MultiversX
EVERSTAKE validator address
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Delegating step-by-step
Why stake MultiversX with Everstake?
- Everstake, a trusted staking service provider, serves over 735,000 users across 70+ blockchain networks. With active involvement in diverse crypto projects, we prioritize ecosystem health. Our track record boasts excellence in preventing slashing, ensuring uptime, and delivering top-notch performance.
- Backed by a skilled team, we manage reliable infrastructure to safeguard your funds. Delegating through Everstake not only enhances yields but also guarantees token security, providing peace of mind.
- Everstake has taken an active part in MultiversX development since the Battle of Nodes. Currently, we are validating MultiversX mainnet. Everstake has produced a number of helpful guides, video content, and noteworthy articles about MultiversX.
- All EGLD holders are incentivized to support the MultiversX by locking their EGLD into a smart contract, contributing to reaching the necessary economic security threshold, and earning rewards while delegating or running a validator node.
How can I stake MultiversX with Everstake?
- Step 1. Select a wallet that offers staking functionality
- Step 2. Choose Everstake as your validator
- Step 3. Delegate your EGLD tokens
- Step 4. Get rewards
- Note: Validators do not have control over users' funds in blockchain networks. Validators are responsible for validating transactions and adding them to the blockchain, ensuring the integrity and security of the network. However, they do not have the authority to access or control users' funds.
Where to stake MultiversX?
Staking details
- Epoch duration: 24 hours
- First reward info: In the next epoch after the start of the delegation
- Reward frequency: Per epoch
- Min amount to stake: 1 EGLD
- Fee to activate the wallet: $0.002
- Everstake fee: 15%
- Unstaking period: 10 days
Blockchain Overview
MultiversX stands as a decentralized blockchain network designed for next-generation applications. Supported by over 3,000 nodes, it boasts scalability through sharding, ensuring rapid, secure, and environmentally-friendly operations.
MultiversX is focused on delivering enhanced security, efficiency, scalability, and interoperability. Its standout features include Adaptive State Sharding and the Secure Proof of Stake consensus mechanism. With a complete overhaul of blockchain architecture, MultiversX aims for global scalability and near-instant transaction speeds. Key innovations include dynamically adaptive sharding, Secure Proof of Stake Consensus, resilient defenses against attacks, secure randomness sourcing, a high-speed WASM VM for smart contract execution, and parallel smart contract processing across shards. Additionally, it ensures fast finality for cross-shard transactions in seconds.
Interested in staking more than $500k of EGLD?
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
Who are validators and Staking Providers?
+MultiversX uses Secure Proof-of-Stake (SPoS) to secure its blockchain. Validators are the ones who staked at least 2500 EGLD and they represent the community of node operators that take care of the blockchain consensus. Technically, the validating nodes are servers that aggregate transactions into blocks, execute them, and maintain the latest state of the blockchain. The owners of these nodes, the Validators, get rewards for their service. Staking providers are the ones who validate the network with one distinction: they can accept a delegation from EGLD stakers and validators can not.
MultiversX rewards are compounded or do I need to claim them?
+In MultiversX you need to claim your reward in order to compound it. You may claim it every day when the epoch changes. If you stake via Maiar Mobile Wallet, you can receive a notification when rewards come.
What is Top-UP?
+Top-Up amount is one of the factors that influence the Provider’s APR.
In MultiversX there is a Base stake which is 2500 EGLD per node and Top-Up stake which is everything above 2500 EGLD per node. In the MultiversX, there could be only 8 million EGLD staked as a base stake, 3200 nodes x 2500 EGLD = 8milion EGLD. At the moment there are 11,7milion EGLD staked, this means that 3,7milion EGLD is a Top-Up stake. The more Top-Up, the more users who stake and the more secure blockchain is, nevertheless the more Top-Up, the less APR. Because the same amount of tokens, which are supposed to be distributed during staking, is spread among a greater number of users. Top-Up amount is spread among the pool nodes evenly and affects the whole pool and partially the whole network.
What is the 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.
Have a look at the article with a detailed explanation APR vs. APY: What’s the Difference?
How Everstake deduced 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 user's funds
+The funds are always under the control of the delegator. When delegating them to a validator, the validator does not have access to them. Moreover, the validator cannot delay the delegator's reward or take other actions. Therefore, the delegator's funds are safe.
