Most staking systems are complicated. Silica makes earning rewards as simple as holding coins.
Auto-Staking: Earn by Default
The design goal is for every CHERT balance to participate in staking automatically. No bonding transactions, no lockup periods, no complex delegation menus.
- Passive participation: The intention is that your wallet balance earns rewards by default—exact rates will be published when the reward model is finalized and live
- Always liquid: Spend or transfer anytime—no unbonding delays
- No slashing risk for holders: Regular holders are not slashed; only operators who run validators take on that risk
How Rewards Work
Reward Design Intent
Rewards are designed to compound automatically based on balance, time held, and participation level. The exact formula and parameters will be published when the reward model is finalized. No manual claiming should be required.
LockBox: Optional Boost (Planned)
The design includes an optional LockBox mechanism where you can lock tokens for a period to earn enhanced rewards. Longer lock periods are intended to earn higher multipliers, with early exit penalties that decline over time.
Specific tiers, multipliers, and penalty schedules will be published when the reward model is finalized and live. The design goal is to keep this simple and fair while rewarding commitment.
Gateway Bonuses
Run a lightweight Gateway node at home and earn extra:
- Transaction relay rewards: Small fee share for forwarding transactions
- Uptime bonuses: Consistent availability earns reputation and higher rewards
- Low requirements: A modest home machine (4 cores, 8GB RAM) is sufficient
Gateway vs. Full Validator
- Gateway: Light node, no slashing risk, moderate rewards, anyone can run
- Full Validator: Heavy node, slashing risk, higher rewards, requires stake and infrastructure
Geographic Proof of Distribution Bonuses
Silica rewards geographic and infrastructure diversity:
- Underserved regions: Nodes in areas with fewer validators earn higher rewards
- Independent infrastructure: Running on diverse cloud providers or home connections is rewarded
- Decentralization incentives: The network actively pays for resilience
No Hidden Complexity
Rewards are transparent and predictable:
- On-chain visibility: Check your accrued rewards anytime
- No validator shopping: You don't need to pick the "right" validator—all participation is aggregated
- No compounding anxiety: Rewards auto-compound; no manual re-staking needed
Simple by Design
The goal is straightforward: hold CHERT, participate automatically. When rewards go live, they should accrue without menus or manual steps.
Staking should be simple. That is the design target.