We aim to provide a HNT staking solution for everyone by allowing partial staking with no minimum amount and shorter unstaking periods based on the available Liquidity Pool.
Track your rewards and monitor the status of your Helium Validator Node using our, no matter if you own a full validator or you joined our Partial Staking Pool.
Our goal is to provide a platform where people can stake their HNT without a minimum amount and split the rewards based on the amount of tokens staked.
We also provide technical assistance for running full node Validators. We will guide you through the whole process and we will monitor/update and assure that the validators are running properly.
No matter if you decide to partial stake or have a full node running, you can register an account on our Staking Platform where you can see in realtime the rewards as well as the status of the validators.
Earnings estimated using the above calculator are just rough estimates. There are many parameters which impact the earnings and we can't forecast all of them as they are changing constantly based on the Helium Network.
The most important one would be the number of Online Validators. This number is changing constantly as more Helium Validators go live/offline in the Helium Network.
Also, the number of successful Elections plays a part in forecasting. This is another parameter that can't be forecasted as we can't know how often a Validator from the Consensus Group can go offline or encounter issues which will invalidate the Election.
Currently, our calculator is using a 90% Election Success percentage.
Helium Network is a global, distributed network of Hotspots that create public, long-range wireless coverage for LoRaWAN-enabled IoT devices. Hotspots produce and are compensated in HNT, the native cryptocurrency of the Helium blockchain.
The Helium blockchain is a new, open source, public blockchain created entirely to incentivize the creation of physical, decentralized wireless networks. Today, the Helium blockchain, and its tens of thousands of Hotspots, provide access to the largest LoRaWAN Network in the world.
Validator nodes are a new entity on the Helium Blockchain that will perform the work of the consensus group including verifying transactions, and adding new blocks to the blockchain.
To host a Validator node requires a stake (deposit) of 10,000 HNT and running Validator node software in a suitable environment. In return for staking, users contribute to network stability and earn rewards in HNT.
We refer to a Full Validator Node as a non-custodial Validator node that we deploy on behalf of our customers which have the minimum 10,000 HNT to run a full node.
It is non-custodial, because the wallet which will own the Validator will be controlled entirely by the customer. We will guide and provide technical assistance to setup the Helium wallet for running the node/nodes.
Using this Staking method, the full rewards earned by the Validator go directly into the customer Helium wallet.
For this type of staking there is only a fixed monthly fee which you can see in our pricing section.
Helium Partial Staking is a staking method which allows our customers to stake any amount of HNT in a Partial Staking Pool. All customers that joined the Partial Staking Pool will get a percentage of the total rewards earned from the Partial Staking Pool Validators based on the staked amount.
To make it more simple to explain, let's suppose that we have 10,000 HNT in the Partial Staking Pool and you decide to stake 1,000 HNT. Now, with your stake, the Partial Staking Pool has 11,000 HNT. With this amount we can run 1 Validator node, the 1,000 left outside the validator will go into the Liquidity Pool.
Based on the total HNT in the Partial Staking Pool and your HNT staked amount, we know that you own 9.09% of the Partial Staking Pool rewards. The formula for this is as follows: [(HNT staked amount / Partial Staking Pool total HNT) * 100] which translates to [(1,000 / 11,000) * 100].
This means that you will earn 9.09% of the rewards from the single Validator that is running in the Partial Staking Pool. Also, based on this percentage we calculate the costs of running the validators in the Partial Staking Pool which will be deducted from your earned rewards. For more informations on the fees applied for this type of staking please visit our pricing section.
The Validator Operational Costs are the costs that we need to pay for Hosting services and other monitoring services that we are using in order to maintain our Pool validators up and running at all time.
From our estimates the Validator Operational Costs are around 100$ per month per Validator. This value can change over time depending on how much the Hosting services costs are changing. Because we have just some recommendations from Helium Network regarding the server sizes, we based our calculations on that. But it is possible in the future to see that those recommendations are not enough and because of this the cost may change. When this cost will change we will notify our users.
Based on your percentage of the Pool, we will calculate your share of the costs. For example if your percentage of the pool is 1% and our Pool has 3 Validators, this means that your monthly Validators Operational Costs will be (3 * 100$) * 1 / 100 = 3$.
Because we deduct the operational costs from your rewards, every day at 0:00 UTC when the rewards are calculated, we get the current Helium Oracle price and based on that we know the amount of HNT we need to deduct from your rewards.
The Liquidity Pool is the amount of HNT from the Partial Staking Pool which could not be staked in a new Validator node (max: 9,999 HNT). We will use this Liquidity Pool to allow customers to unstake their HNT in as fast as 24 hours if the unstake amount is lower than the Liquidity Pool and if there are no other customers in the unstake queue.
Currently we are testing this Liquidity Pool model and this is subject to changes based on the total number of customers and the staking/unstaking transactions flow.
Note: The HNT rewards earned by the Validators in the Partial Staking Pool will not go in the Liquidity Pool. The Liquidity Pool is composed only of staked HNT which can't form a new Validator node. Customers can opt to manually/automatically add their earned HNT from rewards to the Partial Staking Pool and so increasing their Pool participation percentage or claim the rewards in order to transfer them to a personal Helium wallet.
For Full Validator Nodes, if a customer decides to unstake a Validator, the current proposal is for a 250,000 block unbonding / cooldown period (which is approximately 5 months).
This rule applies to all Validators in the network, however, for customers that joined our Partial Staking Pool we provide a lower unstake period based on the available Liquidity Pool at the moment of unstaking.