KRO & KGH NFT Staking
KRO & KGH NFT Staking is a core feature of Kroma’s decentralized validator system, designed to empower the community to participate directly in securing the network and earn rewards in return. Kroma operates under a Delegated Proof of Stake (DPoS) system, meaning that validators are selected based on the amount of KRO tokens staked to them. The more KRO tokens staked to a validator, the higher the probability they have of being selected as the priority output submitter. For example, if Validator A has 30% of the total staked KRO, they will have a 30% chance of being selected as the priority output submitter.
Validators in the Kroma network receive 400 KRO tokens per finalized output, and these rewards are distributed proportionally to the stakers based on their contribution after deducting a commission fee set by the validator.
In addition to KRO token staking, KGH NFT holders can stake their NFTs to boost a validator’s reward pool. This validator boost mechanism increases the rewards validators can earn, and the additional boost rewards are distributed among the NFT stakers, similarly based on the amount staked. Just like KRO staking, the rewards are distributed after the validator deducts a commission fee.
By staking either KRO tokens or KGH NFTs, participants not only strengthen the security of the Kroma network but also earn staking rewards. This decentralized approach fosters a mutually beneficial relationship between validators and the community, ensuring that Kroma remains secure, efficient, and rewarding for all involved.
Last updated