Casper is a layer-one blockchain purpose-built for application development and scalability. It aims to support applications without sacrificing usability, cost, decentralization, or security. Casper uses a CBC Casper-based Proof-of-Stake (PoS) consensus protocol called Highway to secure the network and verify transactions.
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Stake your Casper tokens in a few clicks by following these steps:
Casper is counting on the community to help build a website and wallet that can be accessible to all.
Caspers’ native token, CSPR, is used to pay computation fees and reward validators.
Staking rewards are enabled at mainnet launch. Transfers are enabled, but holders cannot trade tokens until they become unlocked.
Good question!
Initially, the CSPR is being staked to earn new issuance (“inflationary”) subsidies. That means that the CSPR supply will increase and stakers will capture the newly issued CSPR. Generally, you will earn around 8% annually on your staked CSPR, but that can change. Since staking rewards are tied to inflation, read about how inflation and rewards are related here.
Stakers will also capture fees from network transactions, so as Casper transaction volume increases, CSPR stakers will earn more than new issuance subsidies.
The CSPR token also gives stakers the right to vote on policy decisions for how the Casper will operate and distribute treasury funds.
7 days. During this time neither validators nor delegators receive rewards.
Figment has partnerships with a number of top-in-class custodians: support@figment.io
The Casper protocol takes control of your CSPR tokens while you are staking. If you unbond your tokens, th
Casper does not slash for downtime.
They have introduced slashing for equivocation, or double-signing. For ~90 days a validator’s stake will be unbondable and untransferable.
Staking income on Casper is automatically distributed once per era (~ 2 hours).
Rewards will be automatically staked. Rewards are locked for the first 90 days, along with all other tokens.
If a node is offline for an entire era the node will be removed from the validator set and will not earn rewards.
The actual annual inflation rate is 7%. There will be 10 billion CSPR at the time of genesis.
Casper has proposed a governance model that includes Constituency Groups making governance decisions on behalf of the group that they represent.
In some protocols simply holding the token is necessary for voting for on-chain governance. But Casper wants to allow core developers, open-source contributors and dApp developers, and commercial licensees to participate in governance, alongside validators and delegators
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