Staking

Total Nominators

Accounts staking in the network, whether active or inactive in the current session. Stake CERE by becoming a nominator or joining a pool that acts as nominators.

Active Nominators

Nominators active in the current session. Active status doesn't guarantee rewards, as nominees may be oversubscribed.

Your Balance

Total CERE available, including staked and bonded pool balance. Staked balance remains locked in the pool.

Reserve Balance

Maintain a balance above the 'existential deposit' to keep your account on-chain. The staking dashboard ensures this balance is never touched.

Locked Balance

Certain actions require a locked balance, like staking or governance voting. You can't transfer locked balance, but you can use it for nominating. Joining a pool requires a transfer.

Historical Rewards Rate

Estimated annual yield based on the Cere reward distribution model.

Adjusted Rewards Rate

Estimated realized annual yield based on the CERE reward distribution model. Calculated as historical rewards rate minus inflation rate.

Inflation

CERE is inflationary, with no maximum supply. Approximately 10% annual inflation, with validator rewards and the remainder going to the treasury.

Ideal Staked

Percentage of staked total supply in ideal network conditions.

Supply Staked

Current cumulative supply of globally staked CERE. Percentage relative to the total CERE supply.

Account Types

Read Only Accounts

Imported accounts without transaction signing ability. View balance and staking information but cannot perform staking actions.

Proxy Accounts

Act on behalf of another account. A proxy account (delegate) signs transactions for a proxied account (delegator). Delegators are automatically imported as read-only if their delegates are in the dashboard.

Reserve Balance for Existential Deposit

If locked balance covers the existential deposit, the staking dashboard won't lock additional free balance. Displayed as "None" in the Reserve Balance settings.

Nomination and Pool Information

Nomination Status

Status of your nominations. A set of nominations is inactive when none of those nominees participate in the current validator set. Active nomination status doesn't guarantee rewards. Top 512 nominators of each active validator receive rewards on Cere. Active, oversubscribed nominees require you to be among the 512 highest bonded nominators for rewards.

Stash and Controller Accounts

Cere accounts managing staking activity. Stash holds staked funds, and Controller carries out staking actions on behalf of Stash. Switching accounts swaps the Stash, automatically fetching the Controller. Both must be imported to use all app functions. Controller account eligibility requires at least the existential deposit (1 CERE) balance.

Pool Information

Bonding

Process of 'locking' (staking) CERE. Bonded CERE is allocated to nominated validators. Nominators allocate their nominations directly, while pools manage nominations on behalf of members. Minimum to earn rewards is the minimum CERE a nominator must bond for the current era.

Active Stake Threshold

CERE amount needed to actively nominate in an era, for both nominators and pools. Ensuring an active bond above this threshold increases chances of rewards. Only top 512 nominators per validator receive rewards. Dashboard tracks metrics to adjust staking positions if necessary.

Payout Destination

Determines where payouts are sent: automatically bonded, stash, controller, or external account.

Nominating and Nominations

Nominating

Process of selecting validators to stake CERE. Up to 16 validators can be nominated per account.

Nominations

Validators chosen by a staker to nominate. Up to 16 validators can be nominated on Cere. In pools, the pool owner and pool nominator handle nominations on behalf of members. Bonded funds are distributed to active nominees.

Inactive Nominations

Nominations in the active validator set without assigned bonded funds.

Nomination Pools

Contribute CERE to earn staking rewards. Pools manage nominees for users, requiring a small CERE amount.

Active Pools

Current number of active nomination pools on Cere.

Minimum To Join Pool

Minimum CERE amount needed to bond and join a pool.

Minimum To Create Pool

Minimum CERE amount needed to bond and create a pool.

Pool Membership

Reflects pool membership status as a pool member or owner. Can only join one pool at a time. Leaving a pool requires unbonding and withdrawing all bonded CERE.

Bonded in Pool

CERE amount currently bonded in a pool, transferred to the pool's stash account.

Pool Rewards

CERE generated by active pool participation. Pool members claim rewards, either bonded back for increased share or withdrawn as free CERE.

Pool Roles

A pool consists of 4 roles: Root, Depositor, Nominator, and Bouncer, each with different responsibilities in pool management.

Pool Commission Rate

Pool commission rate set by the pool Root, deducted from rewards before distribution. A payee account receives the commission.

Pool Max Commission

Maximum commission rate set by a pool owner. Only more restrictive values can be set after an initial maximum commission is set.

Pool Commission Change Rate

Pool Root sets the commission change rate, determining how much and how often the commission can be increased.

Validator Information

Validator

Entity validating blocks for the Cere Relay Chain. Validators secure the network and produce blocks. Nominators choose validators to back and earn rewards.

Active Validator

Validator actively validating blocks. Rewards accumulate based on validator activity. Cere allows up to 16 nominations, maximizing chances of nominating an active validator.

Average Commission

Average validator commission rate on Cere, excluding 100% commission nodes that usually block nominations and operate for staking on central exchange platforms.

Era

At each era's end, validators receive Cere rewards based on accumulated era points, distributed among their nominators. One era lasts 24 hours in Cere.

Epoch

An epoch is a session in Cere, with each era divided into 6 epochs. Validators are assigned as block producers to specific time frames or slots. One epoch lasts 4 hours in Cere.

Era Points

Accumulated by validators during each era based on performance. Higher Era Points lead to higher staking rewards.

Self Stake

CERE amount bonded by the validator themselves, added to nominator-bonded CERE to form the total stake.

Nominator Stake

CERE amount backing the validator from nominators, added to the validator's self-stake for the total stake. Changes each era as bonded funds are redistributed to active validators.

Commission

Validators take a percentage of their earned rewards as a commission. Low-commission nominators receive a larger share of the rewards. Some validators may have 100% commission, offering no rewards.

Over Subscribed

Only the top 512 nominators for each validator receive CERE rewards. Over-subscribed validators exceed this number.

Blocked Nominations

Blocked nominations prevent nominators from nominating a specific validator.

Payout Information

Payout

Staking rewards on Cere based on Era Points accumulated by nominated validators. Request payout to receive rewards. One payout request triggers reward distribution to all nominators.

Last Era Payout

Total CERE paid out for the last active era, distributed evenly among active validators and further to participating nominators based on bonded CERE.

Payout History

Historical records of payouts for active nominators. Payout requests are manual, resulting in varying payout timings. Multiple payouts may occur on the same day or sporadically, but it doesn't affect the generation of rewards.

Wallets

Hot / Cold Wallets

“Hot wallets” are online cryptocurrency wallets used for frequent transactions, online payments, and exchange trading. They come in various forms, including software wallets, web wallets, and exchange wallets.

"Cold wallets" refer to wallets / accounts that are not connected to the internet, providing an extra layer of security to safeguard digital assets. Cold wallets are designed to store cryptocurrencies offline, reducing the risk of exposure to potential online threats such as hacking, malware, and unauthorized access.

Hardware Wallets

⚠️ Ledger is not supported at this time.

Hardware wallets are physical devices designed to securely store and manage cryptocurrencies and digital assets. Ledger, for example. Not MetaMask.

Index