CFG token staking

[roshid-15]

Hi there. Really interested in the entire Centrifuge eco-system and all but since a total noob on this Centrifuge forum platform…need to get some clarifications on certain questions.

1. Is there a minimum amount of RAD token needed for lets say…a nominator…who wish to stake their
   RAD token through a validator ?

2. What is the percentages in returns like for nominator who nominates validators to stake their RAD
   token on their behalf ?

3. Since it is under the Centrifuge chain…once unstake the RAD token,how many days to unbond ? Is
   it 27…28 days like DOT or 7 days like KSM ?

Thanks in advance for answering.Really appreciate it.

[macor]

@roshid-15

answering.Really

I think staking of rad is not available yet. But I think it will be soon.

Regards

[Tjure07]

Maybe this post answers some of your questions:

How to stake Centrifuge CFG Tokens?

Centrifuge CFG Tokens can get staked in the Polkadot/Substrate Portal in the section “Network” and “Staking”. The Staking-section provides an overview of all validators for the Centrifuge-chain. Before staking at least one validator must be nominated. My recommendation is to nominate more than one validator to minimize the risk of slashing (can happen if a validator refuses to vote on blocks). For the selection of a validator a view criteria should be considered: Allow only validators with an…

In terms of the minimum amount for staking I started with 0.1 RAD and it was enough. The percentage in returns is pretty good. I don’t know how many days it takes to unstake - Never did it

[roshid-15]

Ok…thanks Tjure07. Much obliged…

[Tjure07]

No problems, you are welcome

[NoxFP]

I’m already staking there! Don’t know much about the APR % thought.