Ki Chain

Stake Ki Chain with Kiln, enterprise-grade staking

What is Ki Chain?

Ki Chain is a blockchain based on the Cosmos ecosystem built by the Ki Foundation. Through its own blockchain, the Ki Foundation wishes to bring traditional and web3 native investors tools and products, such as Klub, to create and offer them more opportunities.

How is Ki Chain Delegated Proof-of-Stake implemented?

Anyone can delegate some XKI tokens to a validator that participates to the consensus of the Ki Chain. The more stake assigned to the validator, the more often it is chosen to write new transactions, and therefore the more it earns rewards.

What is staking?

Proof-of-Stake (PoS) relies on validators to propose new blocks or attest other validator’s blocks. This is done through locking up native tokens to earn a reward for securing the chain. PoS has taken over as the most popular consensus algorithm from mining in newer blockchain systems.

By locking a protocol’s native tokens (ie XKI) to give “validators” the right to secure a chain. Validators propose new blocks or attest other validators’ blocks, gaining rewards for doing so.

Why should you stake your assets?

Staking is a great way to earn rewards while benefiting the protocol you choose to stake on. It derives its value from the natural inflation rate of the blockchain’s native currency and is therefore a built-in form of reward that is easily calculated in advance.

By staking XKI you are earning rewards while helping to secure the network and keep it decentralized. Conversely, by not staking your XKI you are suffering from network inflation without benefiting the system nor making returns on your holdings.

You can stake your XKI as well as other (d)PoS cryptocurrencies to:
  • Put your treasury to work
  • Diversify and earn, while contributing to blockchains decentralization
  • Bring new opportunities to generate safe yields to your users
You stake
$100M
You get
$23M
/
every year
Protocol Card
Token
XKI
APY
23%
Number of live validators
100
Consensus
dPoS

How to stake Ki Chain with Kiln?

There is no minimum token requirement to delegate. You can start staking with as little as 0.1 XKI. To stake XKI, you’ll only need to access Kiln dashboard to stake your XKI in a few clicks. Select the Account you want to stake on and the amount of XKI and connect your wallet:

  1. Login to the Kiln dashboard
  2. Initiate Stake by selecting your Account and the amount of XKI
  3. Connect your XKI wallet: Keplerk, Cosmostation, etc. supports multiple wallets as well as WalletConnect
  4. Confirm the staking transaction
  5. After the bonding period (21 days) you will start earning rewards

To unstake, you simply need to undelegate into one transaction, after 21 days you will receive your original stake back in your wallet as well as accumulated rewards from delegation.

What are the rewards associated with staking XKI?

As an incentive for helping to safeguard the network, you can earn up to 23% APR from each XKI validator you stake on Kiln.

Why should you stake your XKI with Kiln?

Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake XKI, and to whitelabel Ki Chain staking functionality into their offering. Our platform is API-first and enables fully automated validators, rewards, data and commission management.

We are serving thousands of businesses worldwide so that everyone can securely and seamlessly. Our clients can stake their coins from our dashboard, a hardware wallet, a browser wallet, a B2B custodian, a crypto exchange or just their favorite investment app. Kiln makes staking Ki Chain easy, secure, and accessible to everyone.

  • Stake XKI in 1 click
  • 99% rewards guarantee
  • Manage all your XKI stakes and rewards from a single dashboard 
  • Non-custodial, work with your existing custodians Solutions e.g.Fireblocks
  • SOC 2 certified and Industry leading SLAs (0 penalties recorded and 99.95% effective uptime)
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Stake Ki Chain FAQ

What does Proof-of Stake mean?

Proof-of-Stake (PoS) is a type of consensus mechanism used to validate cryptocurrency transactions. Through PoS, validators can contribute to the block production of a chain while keeping environmental concerns to a minimum, which is becoming an increasingly large issue in Proof-of-Work.

By staking capital rather than energy, validators risk losing a portion of their value and future potential for staking by misbehaving while creating blocks. This incentivizes collaboration and minimizes malicious activity in the consensus process.

What are the advantages and disadvantages of liquidity for cryptocurrencies?

Liquidity is necessary for any blockchain ecosystem. Without it there would be no access for new users and investors to get involved in things like governance and utility within the network. Accessible liquidity is essential for the functioning and decentralization of a blockchain. 

Liquidity depends on the amount of tokens that are minted into a system at its conception, and the rate of inflation from mining and staking.

However, liquidity is not without its issues. Inflation causes the price to decrease as it makes assets more easily accessible. If the price of an asset is depressed, it takes away from the value of the network and puts off new investors. 

Too much active liquidity can also lead to lowered competition in staking or exchanging tokens on centralized and decentralized exchanges.

 

Developers can avoid excessive accumulation of tokens through mechanisms like staking and liquidity mining. Asset holders can lock up their tokens for periods of time and offer them to other users who may need them for other actions. This takes those assets out of the market and keeps them in a safe and manageable environment.

When will I receive XKI rewards?

XKI rewards are issued every block in the same XKI address you are staking with.

Does interest compound when staking XKI?

XKI rewards are not compounded. You have to claim rewards and add them to your stake to compound XKI tokens.

What are the risks associated with staking XKI?

Ki Chain implements a slashing mechanism. This includes downtime for validators and their delegators and for nodes that attempt to vote on two separate attestations at the same time. Slashed validators will add bonded tokens to the staking pool.

Slashing also occurs if Ki Chain’s Proof-of-Stakegenerates an invalid hash.

The main risk on the Ki Chain blockchain as of today is downtime. To prevent this risk, you can outsource your blockchain services to a dedicated infrastructure provider such as Kiln, which has a 99.95% effective uptime. You can now focus on your business while our experts take care of the infrastructure.

Is there a minimum and maximum amount to stake for Ki Chain?

You can start staking XKI with 0.1 XKI and there is no maximum stake.

Do I maintain custody of my XKI tokens? Is XKI staking non-custodial?

While you may maintain self-custody of your staked XKI (ideally using a Ledger hardware wallet), you may also choose a third-party custodian to control the withdrawal of your staked XKI (i.e. Fireblocks).

What is the lockup period to stake Ki Chain? When can I unstake and withdraw my XKI?The lockup period for Ki Chain is 21 days.

The lockup period for Ki Chain is 21 days.

How do rewards and penalties work?

For every slot, the validator is expected to sign attestations. If submitted attestations are good, the validator receives rewards, otherwise it receives penalties. In case the validator is offline it will also receive penalties.

What is the average block time on Ki Chain?

The average block time on Ki Chain is 5 seconds.

Where can I learn more about Ki Chain?

We invite you to visit the Ki Chain explorer and the Ki Chain Foundation's website.

Ernest Oppetit, Chief Product Officer
November 10, 2022
This may change over time and fees might apply.