Staking is live on Calamari!

Start staking today and earn $KMA rewards

  1. A higher-performance block = makes transaction fees cheaper.
  2. More collators = higher censorship resistance = more decentralized $KMA blockchain.

DPoS Consensus and On-Chain Staking

Kusama, on which Calamari is built, runs Nominated Proof of Stake (NPoS). This is the foundational staking layer of Kusama. Like all other Proof of Stake models, validators are used to validate the transactions sent on the blockchain. This is different from the Proof of Work model famously run on Bitcoin, which requires complex mathematical equations to be solved for block transactions to be “mined.” You can learn more about it here.

Rewards

  • On every produced block, ~114 $KMA are created (equivalent to 3% of total issuance per year).
  • This reward is allocated for later payout in the following way.
  • 10% of this reward goes to the collator that produced it to compensate for the collator’s running expenses.
  • The remaining 90% is split proportionally to $KMA staked between everyone who delegated to this collator (this includes a collator’s self-bond).
  • Two rounds later ( max. 12 hours ), the rewards accumulated in this way are paid out automatically, directly to the addresses of the collator and every delegator.

How do I start staking?

In short, staking is very simple:

  1. If you haven’t already done so, download a signer extension and upload your $KMA wallet to the extension.
  2. Go to the dapp, connect your wallet with the signer, and start staking!

Wallets

To interact with the staking dApp on Calamari, you need to have a self-custody wallet installed that is compatible with Kusama ecosystem parachains. Some wallets include Talisman or Polkadot JS.

Staking

Once you’re on http://app.manta.network/#/calamari/stake and have connected your KMA wallet, you’ll be able to choose which collator you’d like to stake to. Each one has an estimated APY yield and the name of the collator. To learn more about the various collators, you can head to https://stakekma.com/.

How do I run a collator?

Running a collator requires more technical experience, but running one has its perks:

  • 10% reward for each block a collator produces.
  • Boosted APY compared to delegation through 10% commission on the delegator’s share of rewards.

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