Overview
Staking on Opera involves locking up a certain amount of FTM (Opera's native token) to support the network's operations, such as block production and validation. In return, users receive rewards in the form of additional FTM. This process helps secure the network and maintain its integrity.
Validators are required to stake at least 50,000 FTM to validate transactions and produce blocks to earn rewards. However, users can delegate any amount from 1 FTM to existing validators to earn rewards without needing the technical knowledge to operate a validator.
Opera uses a fluid staking model. Users can either stake without a lock-up period for the minimum annual percentage rate (APR) or select a lock-up period between 14 and 365 days for an increased APR. This model combines long-term sustainability for the network with flexibility for stakes.
Rewards
In the fluid staking model, your effective APR:
Increases proportionally with your lock-up period
Decreases proportionally with the average lock-up period of all stakers
Decreases proportionally with the total amount of FTM staked by all stakers
To get an estimate for potential rewards, please use our rewards calculator.
Staking on Opera
There are two ways to participate in staking on Opera:
Passive
Minimum requirements
1 FTM
50,000 FTM
Needed expertize
None
Technical
Rewards
Staking rewards minus a 15% fee paid to delegated validator
Staking rewards plus a 15% fee from delegators' rewards
Running a validator node earns more rewards but requires active management, operational costs, and technical knowledge.