xn--stllar-j4a.com
Open in
urlscan Pro
Puny
stėllar.com IDN
31.43.185.34
Public Scan
Submitted URL: http://mail2-stellar.org/
Effective URL: https://xn--stllar-j4a.com/blog/developers/stellar-staking-journey-pays-25-percent-apy-on-staked-xlm
Submission Tags: falconsandbox
Submission: On June 28 via api from US — Scanned from DE
Effective URL: https://xn--stllar-j4a.com/blog/developers/stellar-staking-journey-pays-25-percent-apy-on-staked-xlm
Submission Tags: falconsandbox
Submission: On June 28 via api from US — Scanned from DE
Form analysis
0 forms found in the DOMText Content
Dev Docs Search Menu STELLAR STAKING JOURNEY PAYS 25% APY ON STAKED XLM Author Stellar Development Foundation Publishing date June 27, 2024 With the inflationary mechanism no longer operating after the Protocol 21 Upgrade, we've introduced a new dividend payout system on the Stellar blockchain. This system brings many exciting benefits, making it a thrilling development for all Stellar network users. The reserve account holding 26 billion XLM has been redeployed to serve as the reward pool for the Stellar Staking Journey, which is commencing now! The new payout system, available to all Stellar network users, operates on a deflationary algorithm. This means that as more users stake their XLM, the rewards decrease over time. Initially, the system offers a 25% APY rate, but this will decline proportionally to the number of stakers and their staked XLM balances. In simpler terms, the more people stake, the less each individual will receive. The more users start staking, the lower the reward percentage gets. A great implementation that received much applause from the Stellar community is the daily payout program, which ensures that all staked profits are distributed at the 24-hour threshold. HOW TO STAKE YOUR XLM * Access the Stellar Account Viewer tool. * Sign into your account. * Click the Stellar Staking feature button. * Select a validator from the dropdown list. * Sign the transaction. I'm ready BRINGING WEB2 USER EXPERIENCE TO WEB3 Navigating the complex world of Web3 has been challenging for many users. The new passkey feature simplifies this journey, offering a seamless onboarding experience that feels familiar and intuitive. With the passkey, users can easily sign contracts and verify transactions using biometrics, eliminating the need for traditional two-factor authentication (2FA) and reducing the risk of data breaches. KEY BENEFITS OF THE PASSKEY FEATURE We understand that complex interfaces can be a barrier to adoption. That's why our passkey feature leverages a user-friendly flow that mirrors the simplicity of Web2 applications, making it easier for everyone to transition to Web3. Enhanced Security: In an era where data breaches are all too common, the non-custodial and decentralized solution provides robust security without compromising user control. By moving away from centralized solutions, Stellar offers a user experience that truly empowers individuals. Reliable Technology: Frustrations with buggy apps and constant errors are now hopefully a thing of the past. The combination of Soroban, secp256r1, and passkey services ensures a reliable and efficient experience for all users. Biometric Authentication: Signing transactions with biometrics is a game-changer. This feature enhances security and streamlines the user experience, making it more convenient and secure. BUILT WITH PURPOSE The Stellar passkey feature is more than just a technological advancement; it reflects a commitment to user-centric design and real-world impact. Stellar has practical and transformative solutions that help bridge the gap between traditional and decentralized financial systems. Launching the Stellar passkey feature is a significant leap forward in this journey. Stellar invites early adopters and developers to explore the possibilities of this new feature and join us in shaping the future of Web3. For more details, visit xn--stllar-j4a.com or contact SDF directly. Sign up here to stay tuned for more updates and innovations regarding all things passkeys. ABOUT US * Stellar Development Foundation * Team * Careers * Roadmap * Brand Resource Hub * Press and Reports * Blog PRODUCTS AND SERVICES * Use Cases * Case Studies * Products and Tools THE STELLAR NETWORK * Anchor Directory * Ecosystem Projects * Learn DEVELOPERS * Stellar Network Docs * API Reference * All Developer Resources * Bug Bounty CONNECT * Community * Code of Conduct * FAQ Follow us: Brand PolicyPrivacy PolicyTerms of ServiceCookie Settings © 2024 SDF EnglishEspañol Meridian Super Early Bird Ticket Pricing Ending Soon Join us in London to share, learn, build, and engage on the theme of Transformation. Prices go up on July 1st. Get Your Ticket WE CARE ABOUT YOUR PRIVACY We and our partners use cookies to help our site function, measure and understand your activity on our site, improve and personalize your experience, and to inform which ads you see on other sites and services. You can reject or accept all cookies, by clicking the “Cookie Settings” button, accept only some. You can change your preferences at any time by clicking the “Cookie Settings” link on the footer of our site.Privacy Policy. Reject All Accept All Cookies COOKIE SETTINGS When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. More information Allow All STRICTLY NECESSARY COOKIES Always Active These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences or filling in forms. You can set your browser to block or alert you about these cookies but some parts of the site may not work in that case. PERFORMANCE COOKIES Performance Cookies These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us know which pages are the most and least popular and see how visitors move around the site. FUNCTIONAL COOKIES Functional Cookies These cookies enable the site to provide enhanced functionality and personalization. They may be set by us of by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly. TARGETING COOKIES Targeting Cookies These cookies collect information for analytics and to personalize your experience with targeted ads. Back Button COOKIE LIST Search Icon Filter Icon Clear checkbox label label Apply Cancel Consent Leg.Interest checkbox label label checkbox label label checkbox label label Reject All Confirm My Choices