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