About stake.fish Validator
We are excited to see different blockchains communicating with each other on Cosmos. We have proven our abilities as a validator by winning Game of Stakes. We will leverage the knowledge base we have accumulated to provide one of the most secure and efficient validator nodes on Cosmos.
Frequently Asked Questions
Here are answers to some of the questions our community members have asked us. Don’t hesitate to reach out to us if you still have additional questions.
Cosmos is working on becoming the internet of blockchains. The Cosmos Hub officially launched in March 2019. To learn more, please take a read through their whitepaper.
New blocks on Cosmos are proposed by validators. Validators typically have technical capabilities to put together a secure infrastructure that will be online 24/7 so that Cosmos runs seamlessly.
Not everyone is able to do this, and so they can participate indirectly by delegating the tokens they have to a validator. In a sense, validators are running a service for delegators. Delegators would typically charge a fee to cover their operational costs.
Once you delegate ATOMs, you are helping secure the network. For assisting in this, you get part of the rewards provided by the protocol. If you are planning to hold on to ATOMs for some time, delegating will help you accumulate more ATOMs while contributing to the health of the network.
You are not giving away ownership of ATOMs by delegating. We will never have the ability to move your ATOMs as a validator.
Cosmos penalizes any validator that misses too many blocks or double signs a block by slashing the staked amount on that validator. We have our own capital on the line, so we are fully incentivized to do our best to prevent such events. However, delegators must be aware that slashing risk will always exist.
We charge 4% on the block rewards received by our delegators. For example, if a delegator receives 100 ATOMs as a reward, stake.fish will receive 4 ATOMs while the delegator will get 96 ATOMs. We offer one of the lowest fees of the strong proven validators.
If you have any questions about staking or our validator services, please do not hesitate to reach out to us. We are happy to talk with anyone and help navigate community members through this exciting new ecosystem.Get In Touch