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Monad is a blockchain platform crafted as an Ethereum Virtual Machine (EVM)-compatible Layer 1 scaling solution. It provides complete compatibility with the EVM, enabling users and developers to interact with existing applications within the Ethereum ecosystem effortlessly. Monad is built with a strong emphasis on scalability and decentralization, capable of processing up to 10,000 transactions per second.
Proof-of-Stake protocols use staking to create consensus. By locking native tokens into a validator - or indexers on Monad blockchain -, you earn the right to secure a chain and earn rewards on your stake. Due to its environmental efficiency, staking has overtaken mining and is used far more often in newer protocols.
By locking a protocol’s native tokens to give “validators” the right to secure a chain. Validators propose new blocks or attest other validators’ blocks, gaining rewards for doing so.
Staking is one of the safest and most predictable ways to get rewarded in the crypto space as the value originates from the blockchain’s native currency inflation, and a share of transaction fees. You help secure the network and earn rewards by staking your Monad coin.
If you do not stake, your assets token share will be diluted among other people’s tokens that are being staked and accumulating new tokens into the network.
There is no minimum token requirement to start staking.
You can start staking with as little as 1 MON.
1. Prepare your Wallet: Ensure you have MON tokens in an EVM-compatible wallet (like MetaMask, Phantom, or Backpack) and that you are connected to the Monad Mainnet.
2. Select the Kiln Validator: Search for "Kiln" or use our specific validator address you provided: 0x59181884895bbBE4ea8fe877c9b9ceFc3cAD6F41
We recommend staking through MonadVision or gMonads. These are the preferred dashboards for the Monad Foundation, both of which support WalletConnect for a seamless experience. Once on the dashboard, simply search for Kiln or enter our Validator ID: #187.
3. Delegate your MON: * Click "Stake"Enter the amount of MON you wish to stake (keeping a tiny bit for gas fees). Confirm the transaction in your wallet.
4. Earn Rewards: Your stake will activate at the start of the next epoch (approx. every 5.5 hours). Rewards are distributed every epoch, but note that native staking on Monad does not auto-compound; you must manually claim or re-stake your rewards to grow your position.
Along with securing the network, there is a 11.77% GRR* reward on each block produced through staking MON with Kiln. (Source: https://monadvision.com/validators)
Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake Monad coin, and to whitelabel Monad staking functionality into their offering. Our platform is API-first and enables fully automated validators, rewards, data and commission management.
We are serving thousands of businesses worldwide so that everyone can securely and seamlessly. Our clients can stake their tokens from our dashboard, a hardware wallet, a browser wallet, a B2B Custodian, a crypto exchange or just their favorite investment app. Kiln makes staking Monad easy, secure, and accessible to everyone.