Delegators - FAQ
1 BONE is the minimum stake amount. (These are test numbers subject to change anytime)
All staking transactions of Shibarium happen on Ethereum for security reasons.
The time it takes to complete a transaction depends on the gas fees you have allowed, as well as the amount of congestion on Ethereum at the time. When you use the "Speed Up" option, you can increase the gas fee to expedite the transaction.
Just MetaMask at the time being.
No, hardware wallets are not supported as of now.
You can check the details by clicking on My Account.
You can check the details by clicking on My Account.
Yes, gas fees must be paid in ETH, the Ethereum network's native cryptocurrency.
No. All your funds need to be on the Ethereum Network.
This might be because you have an insufficient amount of the native token necessary to pay for the transaction.
Rewards are paid out after every checkpoint is submitted.
Rewards earned will depend on the amount of locked supply in the network at each checkpoint. It is expected that this will vary significantly as the number of BONE tokens locked in staking contracts increases. The rewards will start out higher, and then decrease as the locked supply percentage rises. The checkpoints capture this change in locked supply, which is then used to calculate rewards.
Once the unbonding period is complete, the Claim Stake button will be enabled and you can then claim your staked tokens. The tokens will be transferred to your account.
- 4.You will get this pop up.
- 5.Now click on confirm, you will get a MetaMask confirmation or rejection option.
The unbounding period on Shibarium is approximately 8-9 days. This period applies to the originally delegated amount and re-delegated amounts - it does not apply to any rewards that were not re-delegated.
No. Once you unbound you stop receiving rewards.
Delegation requires 2 transactions one after the other - one to approve and another one to deposit.
Redelegating your rewards simply means that you want to increase your stake by restaking the rewards you have accumulated.
All the browsers compatible with MetaMask.
You may try the next solutions.
1. Restart your browser, or force close the mobile app and reopen.
2. Restart your computer or mobile device.
3. Lock and unlock MetaMask.
First you must withdraw your funds from Binance or any other exchange to your Ethereum address on Metamask.
If you have not re-delegated your rewards before delegating additional funds to the same validator node, your rewards will be withdrawn automatically.
In case you don't want that to happen, re-delegate your rewards before delegating additional funds.
No. Once your Delegation transactions are confirmed, and you can see your tokens reflected in the Total Stake and New Reward cards/sections, then you are done. There is no need to keep your system or device on.
The unbounding period is currently set to 82 checkpoints. This is approximately 9 days. Every checkpoint takes approximately 34 minutes. However, some checkpoints could be delayed upto ~1 hour due to congestion on Ethereum.
The Claim stake button will only be enabled when your unbonding period is complete. The unbounding period is currently set at 82 checkpoints. This is approximately 9 days.
You can switch your Delegation using the Move Stake option on the Staking UI. This will switch your Delegation from the Foundation node to any other external node of your choice.
Select the validator frm where you want to migrate the stake.
You will not experience an unbounding period when switching delegation between foundation and external nodes. It will be a direct switch without any delays. However, if you are unbounding from a foundation node or an external node there will be an unbounding period for that.
No. You can choose any node.
If you haven't already claimed your rewards before switching delegation, then upon successful switch of your delegation from Foundation to External the Rewards that were accumulated till then will be transferred back to your account.
Yes, it will work the same as foundation nodes.
Yes, rewards will be distributed the same as earlier with the foundation nodes. Every successful submission of a checkpoint will yield in rewards. Rewards will be distributed and calculated at every checkpoint relative to the stake ratio, as currently implemented.
Yes, the unbounding period will stay the same as currently implemented 82 checkpoints. This is approximately 9 days.
No. There won't be any locking period after you switch your delegation.
Yes, you will have the option to partially move your stake from foundation node to an external node. The remaining partial stake will remain on the foundation node. You can then move that to another node of your choice or the same node.
No, the Move Stake option is only available on the foundation nodes. If you want to switch your delegation from an external node to another external node, you will have to unbound first and then delegate to another external node.
The Move Stake is a single transaction only. All transactions would be on the Ethereum Blockchain so you would need to spend some ETH while doing the Move Stake transaction.
Some of the information found on this page has been developed using the open-source information provided by Polygon.