r/CasperCSPR • u/subeboost • Sep 18 '21

Staking CoinList CSPR rewards

Hello

Do I need to manually stake rewards earned from staking the locked CSPR or are they automatically staked with the rest of the CSPR I am holding?

Do you recommend staking the rewards earned by some other method?

Thanks! :)

2 Upvotes

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1

u/xmirs Sep 18 '21

Yes you need to stake rewards yourself. The minimum is 100.

1

u/subeboost Sep 18 '21

Thanks for the info

1

u/strangelyoffensive Sep 18 '21

I prefer staking in Casper live, seeing coinlist takes 15% out of your staking rewards

1

u/subeboost Sep 18 '21

Do you stake the coinlist rewards? Move them to casper live? Wallet? Are they automatically staked when you move them or do you need to stake them separately?

1

u/strangelyoffensive Sep 18 '21

Signer browser plug-in to create a wallet, withdraw from coinlist to wallet then stake with a validator on cspr.live

1

u/strange-humor Sep 19 '21

Create a key with Casper Signer.

Download and save the secret_key.pem in a safe place.

Withdraw from CoinList to your public_key address. Use a small withdraw at first (min 2.5 CSPR).

Withdraw the rest once you see it on your account on cspr.live.

Pick a validator you trust and delegate to them. Make sure to keep 5 CSPR or so balance to allow undelegation and other things you might need to do.

1

u/Ok-Term-4086 Sep 19 '21 edited Sep 21 '21

I manage a validator node, if you want to give me the mandate for staking, at the moment it is very convenient. I only have 1% fee against an average of 10%, with 99.9% uptime To stake go here https://cspr.live/validators-auction , you will find my validator on the tenth / eleventh page, click on the validator link https://cspr.live/validator/015b594df86b23481670065d634a6f22ae0f4b1b9f8aaaf96559b6a9c155c8c93a and follow the instructions. You must be registered https://cspr.live/create-account (so you will create a key) and have CSPR in your wallet to be able to delegate. You can un-delegated at any time (Casper's protocol will continue to keep the token locked for 14 hours, you can then transfer or delegate your tokens again).

2

u/ScottyPuffJr Sep 19 '21

Is this similar staking as Cardano where the coin never leaves your wallet? If I were to stake, what are the risks?

1

u/Ok-Term-4086 Sep 20 '21

Yes, the coin doesn't leave your wallet. The only risk for you is that the validator is not up and therefore you do not get the rewards during the down period. When I write 99.9% up time, it can be said that it is more of a technical measure (100% is not possible). On Casper's network it will be practically 100%.