CelestLoan
  • 💹Introduction
    • Background
    • Key Features
  • 📝Functions
    • Staking
    • Collateral and Lending
    • Asset Yield and Dashboard
  • 🔁Ecological Expansion
    • cTIA Labs
    • Launchpad
    • DAO
  • 🧲Loyal User Magnet
    • Invitation and Minting Points
    • Luck Points
    • Task Points
  • ⌨️Technical Structure
  • ✈️Roadmap
  • 🔦Operational Mannual
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  • Interest Withdrawal
  • Principal Withdrawal
  • Compound Earnings
  1. Functions

Staking

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Last updated 1 year ago

Celestia uses Proof of Stake (PoS) to secure its consensus. Like other Cosmos networks, users can delegate their TIA to Celestia validators to help secure the network and receive a portion of validator staking rewards. Users also stake TIA on CelestLoan to earn cTIA and simultaneously enjoy a 17% annualized staking income.

Interest Withdrawal

Users can withdraw their earned interest (TIA) every 24 hours, ensuring users can access their earnings at any time.

Principal Withdrawal

If users want to withdraw their staked TIA principal, they need to burn the corresponding amount of cTIA first and then initiate the withdrawal process. This withdrawal process takes 10 days to complete.

Compound Earnings

After withdrawing interest, users can continue staking their TIA to generate more compound earnings. This means they can stake their previous earnings again, leading to asset growth.

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