JUNO VALIDATOR
Annual Percentage Rate (APR)
~101%
Validator Commission
5%
Payout Frequency
Every block (~6 seconds)
Unbonding Period
28 Days
RHINO Validator Address
junovaloper166r5ylkp70xe0ysq2hjxn26m4q9vfn8q3lv46c
Why Juno?
As the Cosmos ecosystem continues to grow, the need for an environment of interoperable smart contracts becomes critical. Juno serves as a decentralized, permissionless and censorship resistant method for developers to efficiently and securely launch smart contracts. RHINO is dedicating resources to ensure this mission. Stake Juno today with RHINO.
FREQUENTLY ASKED QUESTIONS
Here are answers to some of the questions that we have been asked. Please join our telegram or email us if you have additional questions or need assistance with delegating.
What is Juno?
Junø is an open source platform for interoperable smart contracts which automatically executes, controls or documents a procedure of relevant events and actions according to the terms of such contract or agreement to be valid & usable across multiple sovereign networks. Juno mainnet has launched in October 2021. To learn more, please visit the website.
What is delegating?
If you hold Juno (JUNO), you can delegate those tokens to a validator. By delegating JUNO, you help secure the network. You get part of the rewards provided by the protocol for this assistance. Delegating will help you accumulate more JUNO while contributing to the health of the network.
Do I lose ownership of my tokens?
Absolutely not. You are not giving away ownership of JUNO by delegating. RHINO does not take ownership of your JUNO. We cannot move or transfer your JUNO.
What are the risks of delegating Juno?
Juno penalizes any validator that misses too many blocks or double signs a block by slashing the staked amount on that validator. The RHINO team has our own capital on the line, so we are fully incentivized to do our best to prevent such events. However, delegators must be aware that this slashing risk will always exist.
Does RHINO self-stake Juno?
Absolutely. The RHINO team utilizes multiple wallets and currently stakes a substantial percentage of the JUNO on the RHINO Validator. We are heavily incentivized to deliver highly performant and secure validation services.
What does RHINO receive from this?
We charge a 5% commission of the block rewards received. This is the lowest rate available on Juno. For example, if a delegator (you) receives 100 JUNO as a reward, RHINO will receive 5 JUNO while you will receive 95 JUNO.
How can I undelegate my JUNO?
Undelegating (also called unbonding or unstaking) can be done anytime. However, it takes approximately 28 days for your JUNO to undelegate and become transferable. You will not earn rewards during this period. As another option, you can instantly transfer a delegated amount to another validator.
Can I transfer my JUNO to another validator?
Yes, instantly. If you’re unhappy with RHINO’s ability to perform validation services, you can instantly transfer your stake to another validator. There is no "unbonding" period to perform this action.
