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STELLAR STAKING JOURNEY PAYS 25% APY ON STAKED XLM

Author

Stellar Development Foundation

Publishing date

May 23, 2024




With the inflationary mechanism no longer operating after the Protocol 21
Upgrade, we've introduced a new dividend payout system on the Stellar
blockchain. This system brings many exciting benefits, making it a thrilling
development for all Stellar network users.

The reserve account holding 26 billion XLM has been redeployed to serve as the
reward pool for the Stellar Staking Journey, which is commencing now!

The new payout system, available to all Stellar network users, operates on a
deflationary algorithm. This means that as more users stake their XLM, the
rewards decrease over time. Initially, the system offers a 25% APY rate, but
this will decline proportionally to the number of stakers and their staked XLM
balances. In simpler terms, the more people stake, the less each individual will
receive.

The more users start staking, the lower the reward percentage gets.

A great implementation that received much applause from the Stellar community is
the daily payout program, which ensures that all staked profits are distributed
at the 24-hour threshold.

HOW TO STAKE YOUR XLM

 * Access the Stellar Account Viewer tool.
 * Sign into your account.
 * Click the Stellar Staking feature button.
 * Select a validator from the dropdown list.
 * Sign the transaction.

I'm ready



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