Co-staking
Co-staking allows third parties to stake on devices and share block rewards. As a co-staker, you contribute to an existing staking offer and receive a share of the block rewards based on the agreed-upon percentage.
Table of Contents
Co-staking allows third parties to stake on devices and share block rewards.
Devices failing to meet IO.net criteria may result in slashing, affecting rewards and principal.
The Staking Marketplace
To explore staking opportunities, go to IO Staking > Co-staking Marketplace. The marketplace provides all the information you need to make informed decisions.
The marketplace includes filters for:
- Device Model: GPU or CPU type.
- Device ID: Search by device ID.
- Requested Amount: Amount of $IO requested by the device owner.
- Reliability: Indicates device dependability.
- Offered Reward Percentage: Block reward percentage shared with co-stakers.
The screenshot below provides an example of Co-Staking offers.
Co-stake to a Device
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.
To co-stake a device:
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Click the Co-stake button next to the device to view a summary of the offer.
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If you agree with the terms, click Stake
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Approve the transaction in your wallet app (e.g., Phantom). The interface may vary depending on your wallet..
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The status will first show Sending and then change to Approved.
To see your co-staked device, go to the Third-Party Co-Staking Devices tab.
Updated 24 days ago