One thought on “What actually happens when I Stake my ATOM?

  1. Arti says:

    To find out more about what Annual Percentage Yield (APY) is and how to view the current APY for ATOM, please check out this article: What is APY. No, Exodus does not charge a fee! There are a couple of Cosmos network fees: No, Exodus does not charge a fee! There are a couple of Cosmos network fees: 05 ATOM is required! This is enough to ensure you can stake as well as pay the Cosmos network transaction fee. 05 ATOM is required! A minimum of 0. By delegating your tokens to them, you basically “vote” for and signal your trust in them. The more ATOM that is delegated to them, the more transactions they get to validate and the more powerful they become. In order to stake your ATOM, what you are really doing is delegating an amount of your ATOM to a so-called “validator”, this makes you a “delegator”. The Cosmos validators validate and approve transactions on the Cosmos blockchain.

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