Staking Rewards are coming to Algorand in early December!
For the first time ever—you can collect rewards for running nodes or staking Algo, doing your part to secure the network.
Why stake on Algorand?
Key benefits 👇
1. No slashing risk ✂️
Staked Algo is not subject to slashing. Instead, ineffective nodes are algorithmically removed from consensus and simply forgo rewards.
2. No lockup period 🔐
On Algorand, independent validators maintain control of their ALGO at all times. Staked tokens remain in a user’s wallet while securing the network as part of consensus.
3. Low cost 🫰
Running a node on Algorand is extremely cheap. You only need a computer with 16GB of RAM, a fast SSD, and a 1 Gbps internet connection.
4. Real-time rewards 💨
The initial rewards for block proposers are 10 Algo + 50% of transaction fees for each block added to the blockchain. On Algorand, rewards are paid out as each block is finalized every 2.8 seconds.
And there is a path to participation for every user!
Participating accounts must stake a minimum of 30k Algo* to be eligible for rewards (decided by community vote in GP10). Users with lower Algo account balances can still participate—and collect rewards—through liquid staking and stake pool applications available across the Algorand ecosystem.
Explore some of the staking dApps that will be available -- including from @tinymanorg, @FolksFinance, @pact_fi, @Compxlabs, @ValarStaking, @MessinaOne, Reti Pooling and more 🔥
Learn more:
