Annual Percentage Rate (APR)
RHINO Validator Address
ODIN is a decentralized system designed to build a data oracle network (DON) based on an open protocol for interaction between participants and a sustainable economy. In addition to organizing the data oracle network, ODIN involves building a decentralized peer-to-peer data sharing and trading ecosystem. The use cases of ODIN are mainly focused on user generated data apps, Non-fungible tokens, Decentralized Finance applications and others. To learn more, please visit the website.
If you hold Odin Protocol Tokens (ODIN), you can delegate those tokens to a validator. By delegating ODIN, you help secure the network. You get part of the rewards provided by the protocol for this assistance. Delegating will help you accumulate more ODIN while contributing to the health of the network.
Absolutely not. You are not giving away ownership of ODIN by delegating. RHINO does not take ownership of your ODIN. We cannot move or transfer your ODIN.
Odin 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.
Absolutely. The RHINO team utilizes multiple wallets and currently stakes a substantial percentage of the ODIN on the RHINO Validator. We are heavily incentivized to deliver highly performant and secure validation services.
We charge a 5% commission of the block rewards received. For example, if a delegator (you) receives 100 ODIN as a reward, RHINO will receive 5 ODIN while you will receive 95 ODIN.
Undelegating (also called unbonding or unstaking) can be done anytime. However, it takes approximately 21 days for your ODIN 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.
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.