Liliya Basenkova

The Staking Economy is where BLD holders stake their tokens with validators to ensure the Agoric chain’s security and ongoing operation. Each transaction that occurs on the Agoric blockchain must be executed and confirmed by the set of independent validators. Stakers delegate their BLD to validators to incentivize correct execution.

Rewards are designed to align BLD stakers and validators with the long-term growth of the Agoric chain. These include:

Staking rewards: New issuance of BLD to reward validators and stakers for securing the network during the early growth phase of the ecosystem; RUN fee distributions: Generated from use of the user-controlled vaults and the native automated market maker (AMM); and getRUN: BLD stakers can lock their staked BLD to receive RUN.