Waves utilizes a Leased Proof of Stake (LPoS) consensus algorithm where users lease out their WAVES tokens to generators without transferring assets, giving the node the right to generate blocks.
WAVES staking rewards are generated from several sources, including block rewards, Waves DAO LP tokens, and transaction fees. Estimate your rewards using the WAVES Staking Calculator, helping you understand the potential staking APY.
Track your staking portfolio, including reward rates, validator count, and staking ratio, using the Waves Asset Page.
Choose validators and providers wisely using the Staking Rewards Verified Staking Provider (VSP) Program, considering metrics like commission, number of delegators, staked balances, and performance.
How to stake WAVES in a nutshell: Step 1: Visit the WX Network. Step 2: Navigate to “Investments” and “WAVES Staking”. Step 3: Access the account by logging in or connecting your wallet. Step 4: Click the “Stake” button to proceed. Step 5: Select a pool and enter the amount of WAVES tokens you want to stake. Step 6: Finalize the staking process by clicking “Stake” and confirm the transaction in your wallet.
