What happens to OIPL when they are staked?
When users stake OIPL, they effectively lock them up for an indefinite period of time.
What rewards can be expected when staking OIPL?
Staking rewards come from two different sources: OIPL inflation and Transaction fees
What is a validator's commission?
In the process of staking, rewards are generated proportional to the amount of OIPL staked. Of these rewards, a certain percentage goes to the validator to which the OIPL are delegated. This percentage is called the commission.
What is a wallet?
Crypto wallets provide people with access to their tokens and the ability to make transactions with them.
What are the risks associated with staking?
Staking OIPL earns significant rewards, but is not risk-free.
What is staking?
Staking is the process of locking up a digital asset (OIPL in the case of the Obligr Hub) to provide economic security for a public blockchain.
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