Introduction to Staking
About Consensus on Algorand How does consensus work on Algorand? Consensus is a process that ensures the Algorand network is secure and resilient. Users stake their Algo into consensus through nodes–hundreds of which are currently run by independent operators across the globe. The more Algo that is staked, the stronger the security of the network becomes. Algorand leverages the pure proof-of-stake (PPoS) mechanism to achieve consensus. Unlike other proof-of-stake approaches, PPoFew readersHow do I stake on Pera?
Staking Options A path to participation for every user Participating accounts must stake a minimum of 30,000 Algo* to be eligible for rewards. Users with lower Algo account balances can still participate—and collect rewards—through liquid staking and stake pool applications available across the Algorand ecosystem. Solo staking (min. 30K Algo) You can independently participate in Algorand's consensus by running your own node. In order to be eligible for rewards, your participatFew readersStaking Disclaimers
Disclaimer Pera Wallet (“Pera”) gives you access to third party staking services (“Staking Services”). When you access or utilize these Staking Services, you will work with a third-party provider that stakes specific digital assets ("Staked Digital Assets") for validating transactions on the Algorand blockchain network. Before staking, conduct thorough research and careful analysis to ensure alignment with your financial goals, risk tolerance, and understand the staking process.Few readersStaking Risk Disclosures
Pera Wallet Staking Risks Using Pera Wallet Staking comes with risks that you should understand before you use the offering. We are not required to provide the information set forth below but are doing so in order to encourage you to educate yourself about the risks of protocol staking generally and using this offering more specifically. You must determine for yourself whether it makes sense for you to participate in protocol staking in light of the risks, and to understand that you,Few readers