Before you begin, please be sure you have claimed your KSM. If you need help claiming your token, follow this guide.
1. Bond Your KSM
STAKINGin the left-hand navigation
New stakeat the top right of the screen
Stash account (increase the amount at stake)to compound your rewards on your Stash account (most common), or
Stash account (do not increase the amount at stake)to leave your rewards un-bonded and spendable in your Stash account
Sign and Submit
2. NOMINATE BISON TRAILS’ VALIDATORS
BisonTrails2. This will nominate both of the Bison Trails Kusama validators, distributing stake amongst them evenly.
Sign and Submit
Congratulations! You are now nominating the Bison Trails validators.
Kusama has two participatory reward mechanisms. Its native rate of participatory rewards is determined by the staking rate of the protocol, capping out at 10% when 50% of the protocol’s tokens are staked.
Additionally, 1% of DOTs (native to Polkadot) will be distributed as rewards to Kusama participants. The reward distribution mechanism has not yet been determined, as the Polkadot protocol is still under development.
We maximize participatory reward earnings by enabling customers to easily scale their validator count and distribute stake to maximize presence in the active validator set.
In Kusama, only the 64 largest delegators to a validator will receive rewards. You can see the list of all delegators on Bison Trails’ validators in the Polkadot UI when searching for
If a validator doesn't follow protocol rules, Kusama slashes their bonded tokens as well as the KSM delegated to them.
Slashing primarily happens for one of the two reasons outlined below.
Bison Trails’ takes these risks extremely seriously and have built our infrastructure to protect our customers and minimize slashing risk.
Bison Trails charges an 10% commission on all rewards earned by tokens delegated to our validator. The commission is paid to Bison Trails automatically by the protocol. You can then withdraw your rewards from the protocol directly.