Easily Support The Most Deserving Creators With Instant Stake Transfers!
The Creator Staking system has gotten off to a great start! Since the launch on October 26th, over 57,000,000 SUB has been staked across 13 creators! Creator Staking allows SUB holders to stake towards creators of content and applications to help curate the network, while creators receive SUB rewards based on how many tokens are staked to them. With more creator onboardings and the launch of Active Staking on the horizon, here is Creator Staking’s latest development update.
Supporting The Most Deserving Creators
Unstaking SUB takes 7 days, and previously, if you wanted to move your stake from one creator to another, you had to unstake and then stake again, which would take a week. Now, you can move your stake to different creators instantly!
With this latest update, it’s now easier than ever to use Sub.ID’s staking dashboard to support creators that are using Subsocial! Creator Staking encourages creators to actively participate and contribute to the network, creating a mutually beneficial ecosystem for both creators and stakers. With this in mind, rational stakers should only stake towards creators that are actively using, growing, and benefitting the network.
“The ability to instantly move your stake should help stakers to stake towards creators that are bringing value to Subsocial by regularly producing interesting and unique content. After all, that is the way for us to grow our network!” — Alex Siman, Founder
Creator Staking URLs
Registered Creators will now have their own custom URLs based on their Subsocial Username or Space ID, which will take you straight to the About modal on the staking dashboard!
A Creator’s custom link will be one of the following:
These custom links will improve the staking experience for users looking to support their favorite creators!
If you haven’t staked towards your favorite creators yet, here’s a short tutorial to help you get started. An in-depth look at Active Staking will be out soon, along with how you can get involved, and in the meantime, we’ll see you on-chain!