Summary: This section explains the circumstances under which slashing occurs in the Cere network, affecting both validators and nominators. It also provides information on how to minimize the risk of slashing.
Slashing occurs if a validator misbehaves within the Cere network. Misbehavior can include mishandling session keys, attacking the network, or running modified software. Here's what you need to know:
The validator and its nominators will be slashed by losing a percentage of their staked CERE. This is a punitive measure to ensure the integrity and security of the network.
By choosing to nominate reliable validators, you can minimize the risk of slashing and earn rewards for securing the network. It's essential to research and select trustworthy validators.
If a validator goes offline for a prolonged period, they will be forcefully chilled (stop validating), but they won't get slashed. A slashing occurs for offline status only if at least 10% of all validators are offline simultaneously.
Selecting reliable validators and understanding the network's rules can help you avoid the risk of slashing. It's a crucial aspect of participating in the network's staking process.