For Coin Holders
Coin Holders participate in Bitplanet's governance and security by staking BPL coins. Through delegation, you earn continuous staking rewards while helping secure the network and shape its future through voting.
What Coin Holders Do
Coin holders on Bitplanet have two primary functions:
Delegate BPL coins to validators to earn staking rewards and secure the network
Vote on governance proposals to shape network parameters, economic policy, and protocol upgrades
Monitor validator performance and redelegate to maintain optimal returns
Submit proposals (if holding ≥10,000,000 BPL) to drive network improvements
By staking your coin, you provide economic security through capital at risk while maintaining governance rights over the protocol's direction.
How Rewards Work
Coin holders earn rewards by delegating BPL to validators who share their block rewards after taking a commission.
Reward Calculation
Your staking rewards come from the Network Security Pool (50% of inflation). Learn why this allocation exists:
50% flows to distribution module for standard BitSDK allocation
Community tax applied (~5% of the 50%) goes to community pool
Staking rewards allocated (~95% of the 50%) to validators & delegators
Validators take commission (typically 5-10%) on their pool's rewards
Remaining rewards distribute to all delegators proportionally
Example
If the network mints 1,000 BPL per day:
Distribution Module receives: 500 BPL (50%)
AI Attribution Pool receives: 500 BPL (50%)
From the distribution module's 500 BPL:
Community Tax (~5%): ~25 BPL → Community pool
Staking Rewards (~95%): ~475 BPL → Validators & Delegators
If you delegate to a validator controlling 5% of total stake with 10% commission:
Validator's staking rewards: 23.75 BPL (5% of 475)
Validator commission: 2.375 BPL (10% of 23.75)
Delegators receive: 21.375 BPL (90% of 23.75, split proportionally)
If your delegation represents 10% of that validator's total stake:
Your reward: 2.1375 BPL (10% of 21.375)
Plus validators earn transaction fees from blocks they propose, which are also shared with delegators after commission.
Note: Community tax and validator commission percentages are examples. Actual values are determined by governance parameters and individual validator settings.
Claiming Your Rewards
Staking rewards accumulate automatically each block.
To claim:
Most wallets provide one-click claiming for all validators you've delegated to simultaneously.
What Affects Your Earnings
Several factors influence your staking rewards:
Amount delegated: More stake means proportionally higher rewards
Validator commission: Lower commission means more rewards for you
Validator performance: High uptime maximizes rewards; downtime reduces them
Validator slashing: Misbehavior results in stake penalties affecting your returns
Network inflation: Growing network increases absolute reward amounts
Choose validators carefully based on their track record, commission rate, and governance alignment.
Getting Started
To start earning as a coin holder:
Acquire BPL coins through exchanges or liquidity pools
Research validators based on commission rate, uptime, and governance alignment
Delegate coins via wallet interface or CLI
Monitor rewards accumulating automatically
Vote on proposals to participate in governance
Claim rewards periodically or enable auto-compounding
Governance Participation
Coins holders govern Bitplanet through on-chain voting with power proportional to staked coins.
Default: Your validator votes on your behalf
Override: You can vote directly, superseding your validator's vote
Vote Options: YES, NO, ABSTAIN, NO_WITH_VETO
Active governance participation ensures Bitplanet evolves according to community consensus rather than centralized control.
See Governance for participation details.
Related:
Validators - Understanding who secures your stake
Governance - Deep dive into voting and proposals
Coin Economics - How BPL inflation and distribution work
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