Staking

Staking is the process of locking up your assets (in this case AREA) in order to validate transactions on the blockchain. Users who choose to stake will be able to obtain rewards as a result of that process. Areon Network follows a PoA mechanism, in which users can stake their coins to certain validators who will do the work of validating transactions, while the user reaps the benefit through only contributing assets.

Stake AREA

Stake your AREA to a validator to start earning rewards.

Withdraw staking rewards

Rewards start accruing as soon as you stake AREA. Monitor your rewards in Areon Apps. You can withdraw your reward at any time after the reward distribution periods.

Redelegate

Redelegating lets you transfer staked AREA from one validator to another without waiting the 10 day unstaking period. Redelegating happens instantly.

Undelegate

Undelegating AREA is the process of unstaking your assets from a validator. The unstaking period takes 10 days to complete.