Overview

Welcome to the seed node staking section. Staking in Zilliqa has been implemented in several phases.

Phase 0

Phase 0 is the initial, ongoing phase of the seed node staking program. Phase 0 is formally described in ZIP-3.

The goals of phase 0 are:

  • Open up the seed nodes network to more operators
  • Introduce staking at the seed node operation level

A seed node within the staking program is referred to as a Staked Seed Node or SSN.

Phase 1

Phase 1 is the upcoming phase of SSN staking. Phase 1 is formally described in ZIP-11. Phase 1 is expected to replace phase 0.

Phase 1 builds on top of phase 0, and further introduces these features:

  • A mechanism for stake delegation, which removes the need to deposit $ZIL with an intermediary custodian
  • Uncapped staking
  • Stake rewards in the form of gZIL token, a ZRC-2 compliant governance token
  • Bonding of stake amount