Stellar Staking Journey pays 25% APY on staked XLM

With the inflationary mechanism no longer operating after the Protocol 21 Upgrade, we've introduced a new dividend payout system on the Stellar blockchain. This system brings many exciting benefits, making it a thrilling development for all Stellar network users.

The reserve account holding 26 billion XLM has been redeployed to serve as the reward pool for the Stellar Staking Journey, which is commencing now!

The new payout system, available to all Stellar network users, operates on a deflationary algorithm. This means that as more users stake their XLM, the rewards decrease over time. Initially, the system offers a 25% APY rate, but this will decline proportionally to the number of stakers and their staked XLM balances. In simpler terms, the more people stake, the less each individual will receive.

The more users start staking, the lower the reward percentage gets.

A great implementation that received much applause from the Stellar community is the daily payout program, which ensures that all staked profits are distributed at the 24-hour threshold.

How to stake

• 1. Access the Stellar Account Viewer tool
• 2. Connect with a wallet
• 3. Enable the staking feature
• 4. Select a validator from the list
• 5. Sign the transaction