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What are the key benefits of staking?

Answer:
  • Secure validator nodes

PoS networks are heavily dependent on network participation and validator integrity. Blockdaemon makes running your dedicated validator node easy, or stake your tokens to Blockdaemon’s validators to receive participation rewards.

  • Failover safeguards

Blockdaemon has manual failover with a trained and battle-tested team to eliminate the risk of double signing. Blockdaemon manages all of this automatically, so you don’t have to worry about staying online, in sync, and up to date.

  • Enhanced monitoring

Blockdaemon monitors all machine and protocol metrics with 24/7 human and automated monitoring to avoid downtime-related slashing.

  • Slashing guarantee

If slashing does occur due to any fault on the part of Blockdaemon, we ensure 100% loss coverage. However, Blockdaemon does not cover slashing losses resulting from network malfunctions, as these are outside our control.

Learn more about each of these benefits here.