To stake SEI tokens and earn staking rewards:
Staking Process:
Using Native Wallet:
- Install a compatible wallet and add Sei Network
- Deposit SEI tokens to your wallet
- Navigate to the "Staking" section in the wallet
- Browse the list of validators and their details
- Select a validator and click "Delegate"
- Enter the amount to stake and confirm
Using CLI:
# Query validators
seid query staking validators
# Delegate tokens (10 SEI) to a validator
seid tx staking delegate seivaloper1example... 10000000usei \
--from mykey \
--chain-id sei-chain-id \
--gas auto \
--fees 5000usei
Using Staking Precompile from EVM:
// Staking precompile interface
const stakingContract = new ethers.Contract(
"0x0000000000000000000000000000000000001007",
stakingAbi,
signer
);
// Get list of validators
const validators = await stakingContract.getValidators();
// Delegate tokens
const tx = await stakingContract.delegate(
validators[0], // First validator in the list
ethers.utils.parseUnits("10", 6) // 10 SEI (6 decimals in native)
);
Current Staking APR:
The current APR for staking SEI tokens varies based on:
- Total percentage of tokens staked
- Validator commission rates (typically 5-10%)
- Network inflation rate
As of recent data:
- The network-wide staking APR ranges from approximately 5-10%
- This can change based on network parameters and staking participation
To check current APR:
- Visit Sei Network explorers or staking dashboards
- Use CLI:
seid query mint inflation
- Calculate manually:
APR ≈ (Inflation Rate / Staked Ratio) * (1 - Community Tax) * (1 - Validator Commission)
Important Considerations:
- Validator Selection: Consider reliability, uptime, commission rate, and voting participation
- Unbonding Period: Staked SEI has a 21-day unbonding period during which tokens cannot be transferred and do not earn rewards
- Compounding: To maximize returns, regularly claim and re-stake rewards
- Slashing Risk: If a validator misbehaves, a portion of staked tokens may be slashed (penalized)
For the most current APR information, check Sei Network's official resources or explorers.
Comments
0 comments
Article is closed for comments.