Are you interested in staking your GNO (Gnosis) with Chorus One? This article provides you with a comprehensive guide on staking GNO, the withdrawal process, reward distribution, and more.
Staking on GNO:
- Just like Ethereum, GNO does not support delegating to validators.
- Dedicated validators need to be set up with multiples of 1 GNO.
- The minimum stake to spin up a validator is 1 GNO.
Withdrawal Process:
- Withdrawing GNO is similar to Ethereum.
- Withdrawal time depends on the length of the exit queue.
- Longer queues may result in longer withdrawal processing times.
Reward Distribution:
- Rewards for staking GNO are accrued continuously, similar to Ethereum.
- Network consensus rewards (inflation yield) accrue to the validator and can be claimed upon exiting.
- Transaction fees go to the designated fee recipient address specified during staking.
White-label Node:
- Chorus One does not offer a pooling solution at the moment.
- Interested customers can explore a white-label node setup.
- Chorus One can set up the necessary infrastructure for your GNO staking needs.
Gnosis Staking on Opus:
- As of now, Gnosis is not supported on Opus.
- Chorus One is actively working on implementing Gnosis staking on Opus in the near future.
In summary, staking your GNO with Chorus One provides you with opportunities to earn rewards continuously. The withdrawal process depends on queue length, and a white-label node setup is available for interested customers. Stay tuned for future updates on Gnosis staking on Opus.
If you have any further questions or need assistance, please don't hesitate to reach out to our support team.