Polkadot (DOT)

Validators

Currently all our public validators are set at 100% commission for our B2B customers. If you delegate to them without an agreement with Kiln, you will not earn any rewards. To delegate DOT, you can use our nomination pool which is leveraging other public validators.

Staking mechanics

Stake activation time

0-24 hours (end of current era)

Stake lock-up time

28 days

Re-delegating activation time

0-24 hours (end of current era)

Rewards frequency

First rewards: 1 era after stake is active (0-24 hours + 24 hours). Rewards frequency: beginning of every era (24 hours). Last rewards: last rewards earned before unstaking.

Auto-compounding

Direct nomination allows auto compounding. Nomination pools do not have the ability to auto compound rewards.

Self-bond

None

Active set

Yes (297 validators, list here)

Slashing

Yes, nominators' bonded tokens can be slashed.

Relationship between validator stake balance and rewards

Validators earn the exact same amount of rewards, that is distributed to their top 512 nominators proportionally to their bonded tokens.

Staking workflow

What is the staking process?

The staking process depends on wether you join a nomination pool or if you nominate your validators directly.

If you choose to join a nomination pool, you need to choose the amount to bond (ie stake) when joining the pool. Then the pool will nominate validators on your behalf and you will be able to claim available rewards or bond them every era.

If you choose to nominate your validators directly, you will need to bond your token and then nominate and monitor your validators

Learn more.

Do funds move out to another wallet?

No, the bonded funds stay in your stash account wallet.

Can I keep staking/unstaking from/to the same wallet?

Yes, you can bond extra tokens to the same wallet and unbound / withdraw several times.

Can I select how much of my wallet balance I want to stake?

Yes, you select the amount of tokens you want to bond in a stash account.

Can I unstake part of the staked balance?

Yes, to do so you can select the amount of tokens you want to unbond (this takes 28 days), and then withdraw it (instant).

How is my balance computed at era N for the rewards distribution?

The balance computed at era N for the rewards distribution is the balance at the beginning of era N-1.

How can I get testnet tokens?

You can request some here.

Performance

The performance of Kiln validators can be viewed on the TurboFlakes app:

Kiln/01 validator performance history from TurboFlakes

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