Menu Overview
Overview of the Staking UI on dev.phron.ai
Last updated
Overview of the Staking UI on dev.phron.ai
Last updated
If you're ready to start staking immediately, you can jump to the section How to Start Staking With the Developer Wallet. The following section provides a deeper dive into the various tabs and menus available on the staking platform: https://dev.phron.ai/#/staking.
Most of the staking functionalities can be easily accessed through the Staking menu located under the Network tab.
Note: The screenshots featured in this guide are taken from the Phron Testnet platform (available at dev.phron.ai).
The Staking menu includes the following tabs: Overview, Accounts, Payouts, Pools, Targets, Slashes, Validator Stats, Performance, and Suspensions. Below, we provide an explanation of the contents and purpose of each tab.
This tab provides key global staking data, including:
The number of validators elected in the current era.
The number of nominators in both the current and upcoming eras.
The total percentage of staked PHRON, shown as a fraction of all PHRON in circulation.
Current yearly inflation: Beginning on October 14th, 2024, 27 million coins will be emitted for the first year. This emission rate will reduce exponentially each year until the community-approved maximum supply of 520 million coins is reached.
The current session number and era number.
The table displays a list of all current validators, including their total stake (split into their own stake and that from nominators), a list of nominators, and their current commission rate.
This tab displays a list of all your accounts involved in staking. Please note that an account will only appear here if it has been added in the Accounts tab or injected via a browser extension. From this tab, you can perform all staking-related actions, such as bonding or unbonding coins, as well as selecting or changing the validator you wish to nominate. To view the available actions for each account, click the three dots button at the end of the corresponding account line.
In the Stashed view, you can perform actions related to direct nomination, as well as actions for being a validator.
This tab displays a list of rewards that have been awarded (for eras that have ended) but not yet claimed (distributed to the validator and their nominators). Currently, this tab is not very useful, as the Foundation operates an automated service that triggers payouts to all nominators and validators whenever they are available (note that this does not apply to pools). Therefore, this tab will almost always be empty. This is expected, and seeing it empty does not mean you have never received any rewards. If you want to view your historical payouts, we recommend using PhronScan—simply enter your account in the search bar to display your account details, including staking rewards.
In this tab, you can easily analyze all available validators. Validators with a blue arrow next to them are currently part of the era committee. You can sort the list by parameters such as return, total stake, and others.
One of the defense mechanisms protecting the Phron blockchain against malicious agents is a slashing mechanism that financially penalizes users for disrupting the network's operations. The Slashes tab allows you to view users who have engaged in dishonest behavior and had their funds slashed. However, it's important to note that there is currently no automatic slashing on Phron. At the time of writing, there have been no reported cases of malicious behavior from any validators, so you will likely find this tab empty.
In this section, you can query the Account ID of any validator to view their basic statistics. This feature is primarily useful for validators, but as a nominator, you can also use it to assess the performance of your chosen validator, particularly to check for any recent sessions in which they may have underperformed. Below, you will find diagrams displaying:
Rewards received in a given era and the average reward up to that era.
Total stake for a given era.
Validator commission in a given era.
The history accessible by this tab goes back 84 eras.
The Performance tab allows you to track the current session in real-time and analyze past sessions to see how many blocks each validator has created. This information is primarily of interest to validators, as the numbers do not directly indicate the rewards that validators or their nominators will receive. If you would like to explore this topic further, please refer to the Elections and Rewards Math section.
