Stake Celestia with Kiln, enterprise-grade staking

Proof-of-Stake (PoS) is a type of consensus mechanism used to validate cryptocurrency transactions. Through PoS, validators can contribute to the block production of a chain while keeping environmental concerns to a minimum, which is becoming an increasingly large issue in Proof-of-Work.

By staking capital rather than energy, validators risk losing a portion of their value and future potential for staking by misbehaving while creating blocks. This incentivizes collaboration and minimizes malicious activity in the consensus process.

Both are consensus algorithms, helping to democratize one participation to securing a blockchain. Delegated PoS or dPoS means that one validator can stake tokens from several clients. These clients can indeed delegate their tokens to an existing validator instead of running their own.

There is a risk of slashing and a risk of penalty that comes with staking TIA.

When a validator attests to two different blocks, it will face slashing. Stakers who have delegated to the slashed validator will incur a 2% reduction in their stake. The slashed validator will be permanently removed from the active validator set and will be required to create a new validator.

There is no minimum staking amount to stake for Celestia.

Yes, you can enable compounding on rewards on TIA by connecting your Cosmos Wallet to Restake.app, click the toggle to enable autocompounding and grant Kiln the ability to do that for you for a given period of time. Then sign the transaction.

While you may maintain self-custody of your staked TIA (ideally using a Ledger hardware wallet), you may also choose a third-party custodian to control the withdrawal of your staked TIA (i.e. Fireblocks).

On Celestia, there is a 21-day fixed duration after which tokens can be unstaked manually at any time and transferred back into your current account.

Rewards come from newly issued tokens and transaction fees.If a validator fails to be online for a specified number of blocks (in your example, 3,750 out of the last 5,000 blocks), they are considered offline. As a penalty, they are removed from the active validator set. However, they can rejoin after a cooldown period, which in your example is 1 minute.

The average block time on Celestia is currently 15 seconds.

In the context of Proof-of-Stake blockchains, the gross reward rate (GRR) refers to the total or gross amount of rewards earned from staking before deducting any fees or expenses. This is a reward rate that fluctuates with the operations of the protocol and the performance of validators, it is not set by Kiln. The net reward rate (NRR), on the other hand, takes into account the deductions or expenses, providing a measure of the actual rewards received after subtracting fees or costs.

There are many existing resources but we invite you to visit the Celestia website and the Celestia documentation.