FAQs on Staking

In this chapter, we will address some of the most frequently asked questions regarding Trush's staking mechanism, including slashing, penalties, staking rewards, the difference between a validator and a delegator, and the process of unstaking.

1. What is the difference between a validator and a delegator?

Validators are the users who run a node, validate transactions, and secure the network. They put their Trush tokens at stake as collateral. Delegators, on the other hand, are users who stake their tokens and delegate their staking power to a validator. Both validators and delegators can earn staking rewards.

2. How do I stake my Trush tokens?

You can stake your Trush tokens through the Trush wallet. There is an option to "Stake Tokens" which will guide you through the process of locking up your tokens and declaring your intent to become a validator or delegator.

3. How are staking rewards distributed?

Staking rewards are distributed proportionally to validators and their delegators based on the amount of Trush tokens they have staked. The rewards are distributed on a cyclical basis, at the end of each epoch.

4. What is slashing?

Slashing is a penalty applied to validators who act maliciously or fail to perform their responsibilities correctly. If a validator double-signs a block or is offline when expected to be online, they may be slashed, losing a portion of their staked tokens.

5. What are the risks associated with staking?

The main risk associated with staking is the potential for slashing. Validators who fail to perform their duties correctly may be slashed, losing a portion of their staked tokens. Additionally, staked tokens are locked up and cannot be used or sold until the unstaking period has passed.

6. When can I unstake my tokens?

You can initiate the unstaking process at any time through the Trush wallet. However, the tokens will remain locked until the end of the current epoch plus a cooling period of two epochs. This is to ensure network stability.

7. Can I lose all my staked tokens?

In the event of severe malicious behavior, a validator could potentially lose all their staked tokens due to slashing penalties. However, this would require the validator to repeatedly act against the network's interest.

8. How are validators selected?

Validators are selected based on the amount of Trush tokens they have staked. The more tokens a validator stakes, the higher their chances of being chosen in the election process.

9. Can I delegate my tokens to any validator?

Yes, you can delegate your tokens to any validator on the network. However, it's recommended to carefully choose a validator who has a good performance history to maximize your chances of earning rewards.

10. Can I become a validator if I only have a small amount of Trush tokens?

While it is technically possible to become a validator with a small amount of tokens, your chances of being selected in the validator election process will be lower than those staking larger amounts.

Conclusion

We hope this FAQ has provided clear answers to your questions about the staking mechanism on Trush. If you have further questions, please don't hesitate to reach out to our community support team.