Staking is a way to use your crypto holdings or coins to earn additional rewards. Essentially, coin holders allow their crypto to be used as a part of the blockchain validation process and are rewarded by the network for using their assets. All transactions are verified and secured without a bank or payment processor in the middle.
No. Your crypto stays on the blockchain (solely accessible to you through your wallet). It is only 'bonded' to our node(s). You can withdraw at anytime. We have no ability to take your crypto from you. Staking is just as safe as holding your crypto 'in your wallet' so we always suggest you put your tokens to work!
Good question! We actually cannot do anything untrustworthy with your tokens since there is no way for us to take them, and our over $4 million in assets staked with us shows that the trust in Commonwealth Collective is global. We'll earn your trust!
Our nodes are strategically placed all across the globe for guaranteed 100% uptime!: West USA, Central USA, East USA, Germany, and Asia. If an entire region or country goes down we will still be UP!
No. The crypto stays in your wallet. It is only 'bonded' to our node. You can withdraw at anytime. The withdrawal 'un-bonding' period varies per blockchain. Staking rewards will accrue back to the wallet you staked from.
Make sure you have at least 1 TFUEL in your wallet to pay for the transaction fee. Also, you need a minimum of 1,000 THETA in order to make a successful THETA stake.
This varies. Stake Tfuel earnings are proportional to your Guardian Node / Elite Edge Node uptime and how much you are personally staking relative to all the Theta and TFUEL staked either on a Guardian Node or on an Edge Node.
For a simple calculator for staking Theta go here: https://thetatracker.com/Calculator.aspx
What we are seeing currently is approximately for every 1,000 Theta you stake, you will receive +/- 1.0 Tfuel per day. That metric will help you see the rewards you will potentially be receiving.
In the Theta blockchain, Validator Nodes propose and produce new blocks in the chain, while Guardian Nodes seal blocks and act as a check on malicious or otherwise non-functional Validator Nodes. Guardian nodes play important roles to protect the security of the Theta blockchain as they form a second layer defense against potential malicious attackers.
When Theta tokens are staked they help produce blocks and ultimately participate in the protocol’s governance. There are 1,000,000,000 Theta tokens in circulation and approximately 65% are staked which is very impressive and shows the commitment of the Theta community to their vision.
In a few clicks of a button you can be staking to the Commonwealth Collective Nodes and earning rewards today!
Theta Edge Nodes form the Theta Edge Network, a fully decentralized network for data delivery and more generally edge computing. As of August 2021, this edge network covers all the corners of the world. This new fully decentralized “EdgeCast” technology stack adds the ability to capture live video, transcode it in real-time, cache and relay live stream video data to users globally - all through Theta’s P2P edge network run by thousands of community members. Not a single central server or service is used in this pipeline. This is a huge challenge and huge accomplishment.
Withdrawn stakes will be returned to your wallet address in approximately 48 hours. In the "Stakes" section of your Theta wallet, you'll now see the stake's Withdrawn status has been changed to "Yes" and there is a projected "Return Height" which is the block at which your stake will be available in your wallet address.
Upon withdrawal of your TFuel, there is a ~60 hour unstaking period before your staked tokens will appear back in your Theta Wallet.
• The withdrawal (un-bonding period) for Theta is roughly +/- 48 hours.
• The withdrawal (un-bonding period) for Tfuel is roughly +/- 60 hours.
• The withdrawal (un-bonding period) for XPRT is 21 days.
You can see all of your TFUEL earnings earned by checking your wallet address in the Mainnet block explorer. Guardian Node TFUEL earnings are awarded every 100 blocks, or approximately every 10 minutes in a probabilistic method. At each 100 block checkpoint, there are 200–300 stakers randomly selected (weighted by their stake) to divide the block rewards. A large staker (ex. with 100K+ THETA stake) should expect to receive a reward every 2.5–3 hours or so (not guaranteed, just expectation). A 100K staker should have at least 98% likelihood to receive a reward every 10 hours. Conversely, a 1,000 THETA staker may only see a TFUEL reward once per month, analogous to a small Bitcoin miner with low hashrate. For the same block though, two stakers with the same stake may NOT receive the same amount of reward. While all nodes will earn TFUEL proportional to their stake over time, it means there can be significant variations in the timing and size of TFUEL rewards between different users.
Our fee is a competitive 4% commission on total earnings generated from your stake with no hidden fees or setup charges. In addition, we feel the value we offer with our enterprise-grade hardware, globally decentralized nodes, redundant: power, internet connection, and cooling systems, and our 100% uptime beat most of our higher-priced commission competitors.
We provide safe and secure staking services to the greater crypto community who do not have the desire, ability, or technical know-how to run their own nodes. We help you grow your digital assets and wealth!
In the beginning, we took a deep dive into emerging blockchain technology and were instantly smitten. Like Max Keiser says, “You don’t change Bitcoin; Bitcoin changes you!” As one does when they venture deep enough into crypto, they discover Staking. It became clear that there is a substantial passive income opportunity through staking your digital assets, and we wanted to participate. So we launched Commonwealth Collective to help the crypto community easily and securely participate in this life-changing, once-in-a-multi-generation paradigm shift we call crypto. We want everyone to make incredible passive income gains with the tools we’ve created. Staking digital assets is the way of the future. It will be a significant part of how the next generation of passive income is generated, which is why Staking has become an essential focus for us. We run enterprise-grade hardware that is online 24/7 with zero downtime so that you are constantly reaping the maximum benefits possible. Since our launch, Commonwealth Collective has become more than just a place to stake; we are a community and have created a safe place where people can learn more about crypto without judgment. Yes, you can stake your Theta and Tfuel with us, but when you become a part of the Commonwealth Collective family, you become a blockchain participant, and you are part of a movement that is so much bigger than all of us combined. Feel free to reach out to us with any questions, we are happy to help, and we look forward to you joining the family and beginning your road to financial freedom! Crypto is the wild west, and we feel so honored to help anyone navigate this world because this is just the beginning, and the possibilities are truly endless! To the moon! 🚀