Zetachain

Stake ZetaChain with Kiln, enterprise-grade staking

What is ZetaChain? 

ZetaChain is a permissionless, Proof-of-Stake, and EVM-compatible omnichain Layer 1 blockchain protocol. It is the world’s first and only decentralized EVM-compatible L1 blockchain with built-in cross-chain interoperability, connecting all blockchains, even non-smart contract chains like Bitcoin. 

The protocol allows applications built on ZetaChain to interact with all other integrated blockchains within the ecosystem.

How is ZETA Proof-of-Stake implemented?

There are two kinds of validators on ZetaChain:

  • ZetaChain Core Validators: They are the actual validators who secure and maintain the Zetachain network.
  • ZetaChain Observer-Signers: On ZetaChain, each Core Validator is assigned to an Observer, which reports on related events to ZetaChain to reach consensus and maintain cross-chain functionalities.

Why should you stake your assets?

Staking is one of the safest and most predictable ways to get rewarded in the crypto space as the value originates from the blockchain’s native currency inflation and a share of transaction fees. You help secure the network and get rewarded by staking your ZETA.

If you do not stake, your asset's token share will be diluted among other people’s tokens that are being staked and accumulating new tokens into the network.

You can stake your ZETA as well as other (d)PoS cryptocurrencies to:
  • Put your treasury to work
  • Diversify and earn
  • Bring new opportunities by enabling your users to earn staking rewards

Protocol Card

Token
ZETA
GRR
26%
Number of live validators
TBC
Consensus
DPoS

How to stake ZETA with Kiln?

To stake ZETA in a few clicks, just follow these next steps. It should take you less than 5 minutes to complete your first transaction:

  1. Login to Kepler Wallet
  2. Choose the ZetaChain network
  3. Click on stake below your balance
  4. Find “Kiln”, confirm address “zetavaloper1u9xeaqdjz3kky2ymdhdsn0ra5uy9tc3ep3yfhe
  5. Choose the amount of ZETA you want to stake, and click on Delegate
  6. Confirm the transaction

What are the rewards associated with staking ZETA?

As an incentive for helping to safeguard the network, you can currentlyget rewarded with up to a 26% GRR*.

Why should you stake your ZETA with Kiln?

Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake ZETA, and to whitelabel ZETA 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 tokens from our dashboard, a hardware wallet, a browser wallet, a B2B custodian, a crypto exchange, or just their favorite investment app. Kiln makes staking ZETA easy, secure, and accessible to everyone.

  • Excellent track record in staking on 25+ protocols, managing more than $4b in stakes.
  • Trusted by industry leaders such as Ledger, Lido, Coinbase Cloud, Bitpanda, Crypto.com and many more!
  • Non-custodial, work with your existing custodians solutions e.g.Ledger, Fireblocks
  • SOC 2 Type II certified and Industry leading SLAs (0 penalties recorded and 99.95% effective uptime)

Stake ZetaChain FAQ

What does Proof-of Stake mean?

plus

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 incentives collaboration and fair practices while validating information in a similar way that PoW has with incentives and punishments to curtail malicious behaviours.

Does interest compound when staking ZETA?

plus

No, the interest doesn’t compound when staking ZETA.

Is there a minimum and maximum amount to stake for ZETA?

plus

You can start staking from 1 ZETA.

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

plus

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

What is the lockup period to stake ZETA? When can I unstake and withdraw my ZETA?

plus

Stakers must stake for a minimum of 28 days before being able to withdraw staked tokens.

What are the risks associated with staking ZETA?

plus

Slashing is enforced on ZetaChain to ensure the network’s liveliness and safety. If a validator is to behave against consensus rules (missed votes or blocks, for example), part of the validator’s bonded ZETA will be slashed.

How do rewards and penalties work?

plus

On ZetaChain, validators and stakers earn proportional staking rewards to the inflation rate and amount of ZETA staked.

Validators who behave against ZetChain consensus rules will be penalized by slashing their bonded ZETA.

What is the average block time on ZetaChain?

plus

The average block time is 5 seconds on ZetaChain.

What is a Gross Reward Rate (GRR) and how is it different from a Net Reward Rate (NRR)?

plus

In the context of Proof-of-Stake blockchains, the gross reward rate (GRR) refers to the total or gross amount of rewards earned from staking before deducting any fees or expenses. This is a reward rate that fluctuates with the operations of the protocol and the performance of validators, it is not set by Kiln. The net reward rate (NRR), on the other hand, takes into account the deductions or expenses, providing a measure of the actual rewards received after subtracting fees or costs.

Where can I learn more about ZetaChain?

plus

You can learn more about ZetaChain on the ZetaChain website and docs.

plus

Gross Reward Rate (GRR) may change over time and vary depending on the open source blockchain protocol code. In addition, fees might be deducted from the gross effective rewards earned.