Data Validators Staking
๐ What is Data Validator Staking?
Data Validator Staking is the new mechanism that secures the Vana Data Ecosystem by ensuring continuous uptime, data integrity, and query reliability.
Unlike the previous DLP Staking model, where users staked to individual DataDAOs, this system allows users to stake directly to Data Validators that maintain secure access to data markets.
Important Update
Starting 31 March, all staking and unstaking operations now happen on stake.vana.com
โ๏ธ How Data Validator Staking Works
Data Validators maintain 24/7 uptime and ensure that data markets remain operational by running TEEs that protect sensitive datasets. Validators play a critical role in:
- โ Processing Data Access Requests: Ensuring authorized queries are processed reliably.
- โ Maintaining Data Integrity: Preventing tampering and guaranteeing the authenticity of contributed data.
- โ Ensuring Continuous Market Availability: Keeping data liquidity pools (DLPs) functional around the clock.
Staking rewards are fixed at 6% APY and are distributed automatically. Rewards compound continuously without any need for manual claims.
- Instant Reward Emissions: Rewards begin compounding immediately after staking.
- Auto-Compounding: No manual claiming required โ everything happens automatically.
- No Minimum Epochs: Users can enter or exit at any time without waiting for an epoch cycle.
Automatic compounds ensures 6.18% APY for stakers.
โก๏ธ Future Update: APY will be dynamically adjusted based on data access fees, query volume, and validator performance in future updates.
- Data Query Volume: Higher validator activity boosts rewards.
- Data Access Fees: Validators processing more data queries will generate greater rewards.
- Network Uptime: Consistent uptime ensures that rewards remain sustainable.
๐ How to Stake with Data Validators
๐ Step 1: Go to Stake.vana.com
All staking happens on stake.vana.com. Simply connect your wallet to get started.
๐ฅ Step 2: Stake Your Tokens
- Connect Your Wallet: Connect your wallet on stake.vana.com.
- Select โStakeโ: No need to select specific validators โ staking happens with one click.
- Enter Amount: Choose how much $VANA you want to stake.
- Confirm Transaction: Sign the transaction to complete the staking process.
๐ Unstaking Process
Unstaking is immediate and can be done entirely through stake.vana.com:
- Go to Stake Management: Access your staking dashboard at
stake.vana.com
. - Select โunstakeโ button: Choose the amount you wish to unstake.
- Confirm Transaction: Sign the transaction, and your tokens will be returned instantly.
๐ Migration from DLP Staking
If you previously staked in a Data Liquidity Pool (DLP):
- โ Go to DataHub: Visit datahub.vana.com.
- โ Migrate to Validator Staking: Select the migration option to transfer your staked tokens to Data Validator Staking.
- โ Confirm Migration: Approve the transaction to finalize the migration.
Note:
Once migrated, all future staking and unstaking actions will occur exclusively on stake.vana.com.
๐ข Ready to Start Staking?
Whether youโre migrating from DLP Staking or staking with Data Validators for the first time:
๐ Migrate from DLP Staking at DataHub
๐ Start Staking with Data Validators
Need Help?
Join the conversation in the Vana Community Discord for support
Updated about 1 month ago