Polkadot Protocol Info
Explore in-depth insights about Polkadot.
In this section, you'll find key specifics related to Polkadot, including staking, bonding, slashing risk, rewards distribution, and more:
| Parameters | Polkadot |
|---|---|
| Minimum Staking Amount | To join a nomination pool and earn staking rewards, the minimum contribution required is 1 DOT. |
| Warmup Time | 1 day |
| Unbonding Time | 28 days |
| Slashing Risk | Polkadot uses slashing to discourage improper validator behavior. When you stake by nominating a validator, some of your staked tokens may be at risk of forfeit. |
| Staking Rewards Distribution | Polkadot staking rewards can be claimed every 24 hours and are paid out at the end of each era. Delegators receive their share of rewards from inflation and transaction fees after fees (fixed fee & variable fee) have been deducted based on their stake within the validator's pool. |
| Staking Rewards Compound | Polkadot staking rewards are compounded automatically. |
| Inflation Rate | The Polkadot network inflation rate is approximately 10% per year. |
👋 Need Help?
Contact us through email or our support page for any issues, bugs, or assistance you may need.
Updated 24 days ago