Types of Staking

Staking with $XYO in the XYO Layer One Blockchain is integral to securing the blockchain, and users have more than one option for participating in the staking ecosystem.

Node Staking

There are two types of Node Staking: Block Producer Node and Validator Node Staking. Staking a Node should only ever be done by the Node owner, and not a multitude of parties. Node Staking includes risk of slashing, but gives returns higher rewards than System Staking.

System Staking

Sometimes referred to as "Nodeless" Staking, this version allows a user to stake the system itself, rather than an individual node. System Stakers earn rewards from the Step Reward Pool. By locking up $XYO to System Stake, the "risk" a user incurs stems from the inability to quickly move the stake, but this stake cannot be slashed inside the network itself.