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We are very excited to announce that Imperator.co is a genesis validator on the Celestia network!

This article aims to introduce Celestia, help you stake your $TIA tokens with a validator.

📌 What is Celestia?

Celestia is a pioneer in the modular blockchain space.Rather than attempting to handle all tasks on a single blockchain, modular blockchains specialize in specific functions. This specialization offers several advantages, including improved scalability, flexibility, and interoperability.

Celestia focuses primarily on providing data availability. It is crucial for blockchain security as it ensures that the data for a blockchain has been publicly disclosed and is accessible for verification.

Finally, Celestia plays a role in supporting a relatively new type of blockchain called “rollups.” Rollups offload some of their work to a layer 1 blockchain like Celestia. Rollups publish their transaction data to Celestia, where it is organized and made available for rollup users to download. Celestia also provides some of its security features to these rollups.

💰 What does staking mean?

Staking is the process of locking up a digital asset to provide economic security for a public blockchain. You have the superpower to contribute to the network’s security and it grants you the right to vote on proposals and make decisions on the future of the blockchain.

When the staking transaction is complete, rewards will start to be generated immediately. At any time, stakers can send a transaction to claim their accumulated rewards.

Staking rewards are generated and distributed to staked holders in two ways:

1. Through transaction fees collected by the network and distributed to stakers.

2. Through the inflation rate, the total supply is inflated to reward stakers.

⚠️ Holders that do not stake do not receive rewards, meaning their capital gets diluted over time.

Staking is not risk-free. If a validator has downtime or underperforms, a percentage of tokens delegated to them may be forfeited. To mitigate these risks, it is recommended that holders delegate to multiple validators.

To keep in mind before staking:- Tokens are locked during the staking period- When unstaking, your coins are subject to a 21 day unbonding period- Distributions of rewards occur automatically with every block- Slashing penalties include a 5% deduction for double-signing and no penalties for downtime

📚How to stake $TIA?

Once you have some $TIA from your airdrop or some you bought, you can now start staking your tokens with a validator.

You can easily stake your $TIA using Kepler Wallet.

If you don’t have a Kepler Wallet you can download it on the Chrome store here.

In your Kepler Wallet, go to the top left hand corner and click on Manage Chain Visibility.

Look for the Celestia chain, click on it and don’t forget to save.

Open the Kepler Dashbord : Celestia | Keplr Dashboard.

Here you can see all the different validators. Search for “Imperator” under “All Validators” below.

You can now select the Imperator validator. Then choose an amount you want to delegate and click on delegate:

Now approve the transaction.

And it’s done! You are now staking with Imperator.co, congratulations! 👏

As a quick reminder, your funds will be locked and subject to a mandatory 21 days unbonding period once you decide to unstake your coins. During this time you will not earn any staking rewards.

Thank you very much for your support, we hope that this article was helpful. If it was the case, the best way to support us is by staking some of your tokens with Imperator.co. Thanks again and see you on our next article!

About Imperator.co

Imperator is a professional proof-of-stake validator, we provide a reliable infrastructure and support more than 40 blockchains with +80,000 delegators, with a focus on the Cosmos ecosystem.

If you want further information about Imperator.co, here are the useful links:

Website: https://imperator.co/

Twitter: https://twitter.com/imperator_co

Discord: https://discord.gg/bB8JnN7m9r

Telegram: https://t.me/+r0OjDg2Q4TIzODI8

See you very soon Cosmonaut! ⚛️

The Imperator team.