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Stake

Divide DO Network stake into the physical node and client stake. The following will describe the stake rules.

The stake is locking process the tokens to the network to prove that they own some special rights, which can defend them from Sybil attacks efficiently. DO is the original token in the network, which means all the stakes will recognize the scarce DO as the stake stuff.

Node stake

The DO Network limit amount of the node is 499, and will finally ensure the network node by the competition form. The number of stakes for the physical node access network work stake is 99 DO, and meet trustor votes is not be less than 2000 DO at the same time. You will not enter the DO network admission verification pool if you cannot meet this requirement; this is a long-standing threshold rule. Once meeting this requirement, the system will enter the operation state ordinarily (In the case of the total stake amount of the node ranked within 499 and including 499).

Will admit the node to the work status after completing the node stake, and the frozen stake period is 30 days. Can leave the network at any time after the 30 days frozen period.

The reward settlement ratio is 5% commission of the current annualized rate of return of the network. The whole network licensed nodes will enter the working state based on the wave agreement, and each node will have a workload counter.

The abnormal data of the workload counter will lead to the loss of income of nodes. If implemented wave protocol algorithm fully, the working counter of each node will be in a stable state, and then all qualified nodes will get corresponding DO as an incentive according to 5% of the annual rate of return.

If you are offline or disconnected, performance degradation or bandwidth limitation will affect the data status of your node's workload counter, and you will lose your bonus benefits.

Receive DO Network node income daily, and determine the time to be the working benefit of 24 hours before the current timestamp. Will consider that the node has given up the reward income of a 24-hour cycle if received the profit after 48 hours.

Verification stake DO​

If your current wallet account is a physical node wallet account, you can stake physical nodes by using Verifier. Please follow the Ark Wallet tutorial to operate if it is the first time you use Ark Wallet.

Stake DO​

  1. Open Ark Wallet wallet APP.
  2. Click on the Verifier in the navigation bar. img
  3. Click the stake below to enter the stake page. img
  4. Enter the amount
  5. Slide left and right, select the transaction gas fee.
  6. Click OK, and enter the correct password. Congratulations, you stake successfully, and you can see your stake record information on the list!

Cancel stake​

  1. Open Ark Wallet wallet APP.
  2. Click on the Verifier in the navigation bar. img
  3. Click the Unpledge in the list to enter the withdrawal page.
    img
  4. Slide left and right, select transaction gas fee.
  5. Click OK, and input the correct password.

Congratulations, you stake successfully!