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Edgeware is a self-upgrading WASM smart contract platform built on Substrate. It will be the first smart contract chain to go live on Polkadot. We are excited to support projects building on top of Substrate. We will support Edgeware as a solo chain now and then also when it connects to Polkadot as a parachain.
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.
Edgeware is a self-upgrading WASM smart contract platform. Edgeware launched on September 15, 2019. To learn more, please see their <url>whitepaper</url>.
New blocks on Edgeware are proposed by validators. Validators typically have technical capabilities to put together a secure infrastructure that will be online 24/7 so that Edgeware 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. Validators would typically charge a fee to cover their operational costs.
Once you delegate EDG, 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 EDG for some time, delegating will help you accumulate more EDG while contributing to the health of the network.
You are not giving away ownership of EDG by delegating. We will never have the ability to move your EDG as a validator.
The lockdrop is a novel way of distributing tokens. It requires ETH holders to either lock up their ETH for a set period of time or signal their intention to participate in order to receive tokens. Edgeware (and Straightedge) lockdrop ended on August 31, 2019. To learn more about the lockdrop, please seehere.
We charge 10% on the block rewards received by our delegators. For example, if a delegator receives 100 EDG as a reward, stake.fish will receive 10 EDG while the delegator will get 90 EDG. 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