Flow

Last updated: Dec 28 2020

Protocol teams occasionally change the delegation / staking process. If the following instructions do not work, please email support@bisontrails.co for assistance.


Flow aims to be the blockchain foundation for onboarding mainstream users via the next generation of game, app, and digital asset developers.

Service Fee

8% of rewards

Minimum Tokens to Stake

No minimum

Warm Up Period

1—7 days

Unbonding Period

1 epoch (7 days)

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Bison Trails Collection Node ID

48ba5aabeaf1a7c1bc6a96b20c8e9f6cbe7f6b3c77faec3b77fa66a630abf8c7

Bison Trails Consensus Node ID

a65461e68eae80c9bd9d8edc81857c7d2cd83ba9992433c468e9ef6515d32006

Bison Trails Execution Node ID

e52cbcd825e328acac8db6bcbdcbb6e7724862c8b89b09d85edccf41ff9981eb

Bison Trails Verification Node ID

b17280bf57adad0de648d827a7ccbe81c74cf6a9cc44af4778587b133747a2f9

Delegation Instructions

Before you start

Currently, staking is available on Flow Port, the official tool for token holders to manage, stake, and delegate their Flow cryptoassets. Users can create an account using Blocto, a custodial mobile wallet, or using a Ledger hardware wallet device.

  1. Navigate to Flow Port and select Sign Up
  2. Select Blocto or Ledger, and follow the on-screen prompts to log in with your Blocto or Ledger account. If you need support adding a Flow wallet to your Ledger device, follow the steps in this guide.
  3. Confirm on the Flow Port dashboard that you are logged in to the account you wish to stake from


  4. Click on Stake & Delegate in the left-hand navigation
  5. Click Start Delegating in the Delegate modal on the right


  6. Enter the Node Operator ID for the node you wish to delegate to:
    Bison Trails Collection Node ID:
    48ba5aabeaf1a7c1bc6a96b20c8e9f6cbe7f6b3c77faec3b77fa66a630abf8c7

    Bison Trails Consensus Node ID:
    a65461e68eae80c9bd9d8edc81857c7d2cd83ba9992433c468e9ef6515d32006

    Bison Trails Execution Node ID:
    e52cbcd825e328acac8db6bcbdcbb6e7724862c8b89b09d85edccf41ff9981eb

    Bison Trails Verification Node ID:
    b17280bf57adad0de648d827a7ccbe81c74cf6a9cc44af4778587b133747a2f9

    Note: at this time, the Flow protocol only allows for users to delegate to only one node per Flow account. You may choose to delegate to any of the above Bison Trails nodes, all of which have the same reward rate.

    Future releases from the Flow team may enable splitting delegation to multiple nodes with an optimized reward coefficient for splitting one’s delegation evenly amongst all four nodes. When this feature is released Bison Trails will reach out with updated information.

  7. Enter your Stake Amount. Please leave 5-10 FLOW unstaked in your account to cover transaction fees
  8. Click Continue
  9. Review the transaction details and approve the transaction if they are correct
  10. Click Submit
  11. Verify the transaction on your wallet
  12. Wait for the transaction to complete
  13. In the Stake and Delegate page you will now see transaction in progress. Your delegation will be live at the next epoch.

Congratulations! You are now delegating to the Bison Trails validator.

Support

We are available to answer your questions 9am–6pm ET Monday-Friday. Please contact us: support@bisontrails.co



FAQ

  • Inflation starts at 20% during the first month, 5% for months 2-18, and 3% after month 18.
  • The reward rate will be 28.57% during the first month, 15% for months 2-18, and 9% after month 18.
  • Delegating to a poorly operating node (e.g. one that experiences downtime) can result in missed rewards.
  • There will be no slashing at network launch. When slashing is enabled, delegators will be subject to proportional slashing along with the nodes they are delegating to.
  • Flow operates utilizing “sporks,” which define the epoch boundaries that determine when staked tokens are eligible to earn rewards. Every epoch boundary runs on a 7 day cycle, but is reset if a spork occurs. For example, if an epoch boundary were to begin with a spork on 12/1, the tokens of an entity who staked their FLOW after 12/1 would not be eligible to earn rewards until 12/7.
  • With the first spork having occurred on Wednesday 12/16, the epoch boundary is currently running Wednesday - Wednesday. The event of another spork in the network may change on which day the epoch boundaries reset.

Bison Trails charges a percentage service fee on all rewards earned by tokens delegated to our validator. The service fee is paid to Bison Trails automatically by the protocol. You can then withdraw your rewards from the protocol directly.

Interested in delegating on other protocols?

Have tokens on other networks? Learn more about delegating to our public validators on Celo, Cosmos, Edgeware, Kusama, Livepeer, Ontology, Polkadot, Solana, and more. We also offer dedicated participation clusters.


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THIS DOCUMENT IS FOR INFORMATIONAL PURPOSES ONLY. PLEASE DO NOT CONSTRUE ANY SUCH INFORMATION OR OTHER MATERIAL CONTAINED IN THIS DOCUMENT AS LEGAL, TAX, INVESTMENT, FINANCIAL, OR OTHER ADVICE. THIS DOCUMENT AND THE INFORMATION CONTAINED HEREIN IS NOT A RECOMMENDATION OR ENDORSEMENT OF ANY DIGITAL ASSET, PROTOCOL, NETWORK OR PROJECT. HOWEVER, BISON TRAILS (INCLUDING ITS AFFILIATES AND/OR EMPLOYEES) MAY HAVE, OR MAY IN THE FUTURE HAVE, A SIGNIFICANT FINANCIAL INTEREST IN, AND MAY RECEIVE COMPENSATION FOR SERVICES RELATED TO, ONE OR MORE OF THE DIGITAL ASSETS, PROTOCOLS, NETWORKS, ENTITIES, PROJECTS AND/OR VENTURES DISCUSSED HEREIN.

THE RISK OF LOSS IN CRYPTOCURRENCY, INCLUDING STAKING, CAN BE SUBSTANTIAL AND NOTHING HEREIN IS INTENDED TO BE A GUARANTEE AGAINST THE POSSIBILITY OF LOSS. THIS DOCUMENT AND THE CONTENT CONTAINED HEREIN ARE BASED ON INFORMATION WHICH IS BELIEVED TO BE RELIABLE AND HAS BEEN OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE BUT BISON TRAILS MAKES NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO THE FAIRNESS, ACCURACY, ADEQUACY, REASONABLENESS OR COMPLETENESS OF SUCH INFORMATION.

ANY USE OF BISON TRAILS’ SERVICES MAY BE CONTINGENT ON COMPLETION OF BISON TRAILS’ ONBOARDING PROCESS, INCLUDING ENTRANCE INTO APPLICABLE LEGAL DOCUMENTATION AND WILL BE, AT ALL TIMES, SUBJECT TO AND GOVERNED BY BISON TRAILS’ POLICIES, INCLUDING WITHOUT LIMITATION, ITS TERMS OF SERVICE AND PRIVACY POLICY, AS MAY BE AMENDED FROM TIME TO TIME.

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Questions?

Learn more about delegation in our guide to delegating digital assets.

If you have questions, or if you are interested in running a validator, please contact us. Our protocol specialists are happy to assist you.