IOST Staking
IOST (IOST) is not listed as a staking asset on Staking Rewards. You can still convert token prices, calculate reward rates and compare against rewards earned for other top staking assets.
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Learn about IOST Staking
What is IOST?
IOST stands for Internet of Services Token, which is the native currency of a blockchain infrastructure, which aim is to solve the scalability through Efficient Distributed Sharding (EDS).
How was IOST launched?
The entire supply of 21 mil. tokens has been minted during the Initial Coin Offering (ICO) Event.
The distribution of the tokens has been accordingly:
40% Token Sale
35% IOS Foundation
12.5% Community Building
10% Team
2.5% Investors & Advisors
Which network metrics do the rewards depend on?
The IOST inflation is set at 2% p.a. For the first year there is another ecosystem bonus incentive of additional 2% on top.
Effectively the staking yield always depends on the total number of voting participants.
Less voters = higher rewards. With the above metrics we track the current status only.
How to stake IOST?
For the average user the best way to stake IOST is by voting for one of the Producers (Servi Nodes) in the Network.
50% of all Block and Ecosystem Bonus Rewards are shared with voters.
The Voting is easily done via the IOST Biss Dashboard.
How often can i expect a reward?
The Block / Token Issuance Rewards are paid out daily and the Ecosystem Bonus Rewards are paid out quarterly.
Is there a risk to stake ?
Staking IOST is safe as long you protect your private keys. There is no risk of slashing.
Can i redeem / change my vote?
If you wish to redeem your votes, it takes 7 days.
After redemption, you can vote again, trade or withdraw.
Note that the distribution of rewards will stop once you initiate the vote redemption process.
Who is the team behind IOST?
The Launch of IOST was initiated by 6 Co-Founders and the team has now grown to over 50 members spread across Asia and North America.
What is the 24h Trading Volume of IOST (IOST)?
How has the price of IOST changed over the past 24h?