With great power comes great responsibility. We make sure that thoroughly understand proposals before taking a stance
No Slashing
We take uptime very seriously and make sure our delegator rewards never get penalized. We have a track record of zero slashes across all validators.
Experience
We have been validating since mid-2020 and have years of experience maintaining highly available systems with zero downtime.
Community Contribution
We always go above and beyond to build tools for the community. If we see an opportunity, we always step up to create something cool and helpful.
FAQs
Because we know you’ve got questions !
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What is Planq ?
Planq network opens up the full blockchain potential of your phone with easy accessibility.
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What is staking ?
Staking refers to the process of holding and locking up a certain amount of a cryptocurrency in a wallet to support operations such as transaction validation and network security in a proof-of-stake (PoS) blockchain network
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How can I stake ?
You can check out our staking guide on how to stake. The process just involves a couple of clicks
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How much $PLQ will I earn ?
The amount of tokens you earn through staking depends on several factors, including the specific rules of the blockchain network, the amount of cryptocurrency you're staking, the total amount of cryptocurrency staked on the network, and the length of time you're willing to lock up your funds. Some networks may also factor in other variables. You can always check the Expected Annual Reward Rate for an estimation.
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Can I unstake my $PLQ tokens immediately ?
Yes, but after you unstake them, they go through an unbonding period. After the unbonding period is over, they can be moved freely.
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Do I still own my tokens if I stake them ?
Yes, you still own your tokens when you stake them. However, they are locked up in the network during the staking period, which means you can't sell or transfer them until they are unstaked or until the lock-up period ends, according to the network's specific staking rules.
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Can you loose staked tokens ?
Yes, it's possible to lose staked tokens, particularly in a system known as 'slashing.' This occurs when a participant, acting maliciously or negligently, violates the network's rules. We have a track record of zero slashes, so your tokens are safe with us.
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Where can I find more information about staking and validators?