Introduction to OKTC Staking
OKTC enables users to stake OKT tokens and vote for validators, earning dividend rewards through blockchain participation. This guide explains the principles and mechanics behind OKTC's staking reward system.
How Staking Rewards Work on OKTC
Validator Selection Process
To become a validator on OKTC:
- Minimum stake requirement: 10,000 OKT
- Top 21 nodes by weight become block producers each epoch (252 blocks)
- Validators participate in consensus and earn block rewards
Reward Distribution Mechanism
Rewards are distributed based on:
- Validator weight: Higher stake = greater rewards
Commission rates: Validators set rates between 0-1
- Example: 0.6 commission means 60% to validator, 40% to delegators
Example Staking Scenario
A user staking 1,000 OKT across 15 validators with 0.6 commission would earn:
| Validator | Annual Reward | APR |
|---|---|---|
| Chillcrypto | 13.098 OKT | 1.31% |
| Unicorn | 13.100 OKT | 1.31% |
| ...14 others... | ... | ... |
| Total | 196.492 OKT | 19.64% |
Detailed Reward Calculation Rules
Key Network Roles
| Role | Description | Quantity |
|---|---|---|
| Candidate | Registered validator | Unlimited |
| Validator | Active block producer | 21 |
| Delegator | OKT staker | Unlimited |
Reward Sources
OKTC rewards come from:
- Block rewards (currently 0.125 OKT/block)
- Transaction fees
- Halving occurs every 9 months
Weight Calculation
Voting weight = Stake × Fixed multiplier (11,700,000)
| OKT Staked | Weight |
|---|---|
| 1 | 11,700,000 |
| 10 | 117,000,000 |
Practical Staking Considerations
Voting Mechanics
- Multi-voting: Users can vote for up to 30 validators
- Minimum stake: 0.0001 OKT per vote
- Votes remain active for subsequent stakes
👉 Learn advanced staking strategies
Reward Withdrawal Options
- Active withdrawal: Manual claim from specific validator
- Passive withdrawal: Triggered by stake/vote changes
- Note: Rewards truncated to 4 decimal places
Unstaking Process
- 14-day lock period for unstaked OKT
- Minimum unstake amount: 0.0001 OKT
- Lock period resets with new unstake requests
Frequently Asked Questions
How often are staking rewards distributed?
Rewards are calculated per epoch (252 blocks) and can be claimed at any time.
What's the minimum stake amount?
The minimum stake is 0.0001 OKT, though validators require 10,000 OKT.
Can I change my validator votes?
Yes, you can update your votes at any time without unstaking.
Why is my APR different across validators?
APR varies based on:
- Validator's total stake
- Commission rate
- Participation in consensus
How are reward halvings calculated?
Block rewards halve every 9 months according to OKTC's emission schedule.
What happens during the unstaking period?
Unstaked OKT:
- Earns no rewards
- Cannot be traded
- Becomes available after 14 days