Collaborative Staking (Co-Staking)
In the world of decentralized networks, staking is a crucial way to secure blockchain systems and reward participants. Collaborative Staking (Co-Staking) takes this idea further by allowing third parties to participate in staking on devices they don't own, earning a share of the block rewards. This makes staking more accessible and encourages a more inclusive and cooperative network.
On our platform, Co-Staking allows users to contribute to staking on someone else’s device. This creates a partnership where both the device owner and the co-staker benefit. However, it’s important to remember that if a device doesn't meet the platform’s requirements, it could be penalized (a process called slashing), which may reduce both rewards and the original staked amount.
This guide will walk you through how to find staking opportunities, manage your co-staked devices, and track your rewards. Whether you're experienced with staking or just getting started, we’ll provide the tools and knowledge you need to navigate the Co-Staking system with confidence.
To ensure that more users can benefit from co-staking offers, we have set a claim cap of up to two offers per IO account.
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Updated 16 days ago