NNS Explained | How to Stake ICP on the NNS
ฝัง
- เผยแพร่เมื่อ 14 ต.ค. 2024
- This episode is all about staking. Andrew goes through, and explains each step involved in creating a neuron in the NNS, what you can do with your neuron, how to estimate voting rewards or pick other neurons to follow.
NNS Explained is a series that dives into how the Internet Computer’s fully on-chain governance system - the Network Nervous System (NNS) works. You will find everything from high level concepts, all the way to verifying proposals in depth.
NNS Neuron Sandbox:
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vpGeek:
vpgeek.app/
More resources on the NNS:
internetcomput...
NNS Explained forum discussion:
forum.dfinity....
Internet Computer website:
internetcomput...
DFINITY X:
x.com/DFINITY
DFINITY Developers X:
x.com/DFINITYDev
Developer forum:
forum.dfinity....
I fell in love someday in the blink of an eye with Internet Computer Protocol ❤️❤️❤️
Cheers to the 8ygang. 🎉🥂
Very informative , thanks Andrew
Great info man. The ICP team has so many resources and forums out there. Good stuff.
Awesome! More of these please.
Can you please make a video on how to add other devices to access your internet identity?
🎉 unique 🎉
🥳🥳🥳🥳🥳
I have a question about stacking on the nns. Let’s say I stake 50 icp for 8 years and as I add more icp to the neuron does my voting and rewards increase as well. If so did the initial 50 icp stake lock in the interest rate for that neuron.
Im dutch so it is al little bit harder to unferstand all. I want to stake my 2950 ICP coins. If I stake 8 years and no dissolving Nothing will happen right after 8 years my ICP are still locked? And when I stake it for 8 years and also start dissolving now, my coins will unlocked in 8 years?
Another question; do i have to vote to earn staking rewards or can I leave my coins and earn a passive income every Month with staking and no actions.
🙏🏻Thanks!
So you can add more ICP to your neuron after you have staked for 8 years? Will you also receive the same percentage of rewards by increasing the amount of ICP you add to your neuron?
For example if you increase your staked ICP from 1200 to 2500 will you earn the same percentage as your initial stake?
Exactly. Let's see two hypothetical scenarios. Both scenarios assume that you vote on all proposals either manually, or by following.
A) You create a 100 ICP neuron with 8 year dissolve delay. You later create a second 200 ICP neuron with also 8 year dissolve delay.
B) You create a 100 ICP neuron with 8 year dissolve delay. You later add another 200 ICP to the same neuron.
Scenarios A and B are equivalent with respect to how much voting rewards you're expected to receive.
@@DFINITY Thanks so much for the reply, I really appreciate you taking the time to respond.
8 year gang ♾️
When staking on the nns my rewards im automatically compound does that eventually gains me more rewards right now im getting .42 a day
Staking maturity will increase your voting power, and therefore give you more voting rewards. In the NNS Neuron Sandbox (mentioned in the video) if you click "Stake Maturity" there is a checkbox to "Auto-stake maturity". Using that you can see how your voting power, and maturity changes over time.
The only thing you forgot to mention is how to sell your maturity. At first glance one might believe that you can't.
Spawning maturity into a new neuron was mentioned around 9:10. That is the process by which you can get liquid ICP from maturity.
Having to lock your crypto assets in a smart contract for native staking is dumb. 8 years is crazy dumber.
ICP8ygrules👍💯😎😇
8YG
8YG
8YG
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