• NEC Website
  • GitHub
  • Discord Community

Quick Start

  • Get Started

Staking

  • Quick Start
  • Overview
  • Stake on NCOG
  • Run NCOGEarthChain
  • Run Validator Node
  • Running Testnet
  • Operating a private network (fakenet)
  • Running the demo
  • Run a Read-only node
  • Testnet Faucet
  • Run a Full node
  • Run a Testnet read node

API

  • Public API End Points
  • Getting Started
  • Installation
  • GraphQL Schema Basics
  • Schema Structure
  • Implementation Details and Notes

Tutorials

  • Create a ERC721 Contract
  • Deploy a Smart Contract
  • Verify a Deployed Smart Contract
  • Setup MetaMask Wallet
  • Import NFT
  • Create a Local Test Network

Technology

  • Overview
  • Forest Protocal
  • Tolerance to Byzantine Fault (BFT)
  • Proof of Stake
  • Transaction Fees
  • FAQ

Best Practices

  • MANAGE NEC ASSETS WITH LEDGER NANO S
  • How to Navigate NCOG NEC
  • How to Check Your Account Balance
  • How to Receive NCOG Assets
  • How to Send NCOG Assets
  • Leager FAQ
  • Home
  • Docs
  • Staking
  • Overview

Overview

Table of Contents
  • Rewards
  • How to receive rewards

NCOG uses a Fluid Staking model where stakers select a lockup period between 0 to 365 days. The rewards percentage increases linearly with time, rewarding the most committed stakers more. This way, the reward schedule combines long-term sustainability for the network and flexibility for stakers.

Rewards #

In the Fluid Staking model, your effective APY:

  • increases proportionally with your lock-up period
  • decreases proportionally with the average lock-up period of all stakers
  • decreases proportionally with the total amount of NEC staked by all stakers
  • To get an estimate for potential rewards, please use our reward calculator

How to receive rewards #

There are two ways to participate in staking

  • Delegate to a Validator
  • Run a Validator Node
Comparison Delegation Validator Node
Passive + –
Minimum requirements 1 NEC 1,000,000 NEC
Needed expertise None DevOps
Rewards staking rewards -15% fee on rewards staking rewards +15% fee on delegators’ rewards

Running a Validator Node earns more rewards but requires active management and DevOps experience.

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Updated on November 27, 2023
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Table of Contents
  • Rewards
  • How to receive rewards
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