Symbiosis PoS Staking User Guide

Symbiosis PoS Staking Introduction

The Proof of Stake (PoS) mechanism secures and stabilizes the Symbiosis protocol. It is implemented in the Symbiosis PoS Staking Contracts, which handle two main functions:

• Storing data required to verify and authorize relayer nodes for participation in operations of the Symbiosis Relayers Network. For more details, see Relayers Network: Architecture and Operations

• Facilitating staking activities and distributing rewards to participants, including Validators and Delegators. This guide explains how to stake, track staking activities, check rewards, etc..

Roles And Participants

• Validator: A Validator is responsible for registering a relayer node and staking SIS tokens as collateral in the Symbiosis PoS Staking Contracts. Each Validator supports one relayer node and cannot delegate tokens to other validators.

• Delegator: A Delegator supports Validators by delegating SIS tokens to their stake pool via the PoS Staking Contracts. A Delegator can support multiple Validators.

• Validator Group: A Validator Group consists of a Validator and the Delegators supporting the same relayer node.

Symbiosis PoS Staking Details

• Network: Arbitrum

• Interface: https://staking.symbiosis.finance/

• Staking/Reward Token: SIS

• Rewards: Symbiosis PoS Staking Rewards

• Penalties: Blocking

Validator Guidelines

Becoming a Validator involves two steps:

1. Install and run a relayer node.

2. Stake and register your relayer node in the Symbiosis PoS Staking Contracts.

1. Relayer Node Installation

2. Staking and Node Registration

To register a relayer node and provide a stake:

1. Go to https://staking.symbiosis.finance/

2. Connect your wallet.

3. Click Register as Validator:

4. Specify the amount for staking: Note: The amount can be changed later, though it cannot be less the minimum required.

5. Enter the address corresponding to your node private key: Important: if the node private key is changed, the address registered in the Symbiosis PoS Staking must be updated as well.

6. Specify the Validator name and type a short introduction (this information can be changed later on):

7. Check the registration details.

8. Approve token use.

9. Submit registration.

Validator Statuses

A validator’s lifecycle in Symbiosis PoS Staking goes through several statuses:

Pending -> Registered -> Active -> Inactive

Additional status: Poused

Status transitions occur discreetly: at the time of an epoch change.

• Pending: Registration request received. Information is being processed.

• Registered: Registration completed. uptime = 0. The relayer node has not yet proven it is running. Delegation is not available.

• Active: uptime > 0. The node is up and running, participating in network operations. Delegation of tokens is allowed only in this status.

• Inactive: The validator has withdrawn their stake. The node is no longer active in the network.

• Poused: The validator is currently unavailable. The node cannot participate in network activities. Staked and delegated tokens remain safe and can be withdrawn.

Delegator Guidelines

Delegators support Validators by delegating SIS tokens to their stake pool via the PoS Staking Contracts. A Delegator can support multiple Validators.

New Delegation

To select a Validator or Validators and delegate SIS tokens:

1. Go to https://staking.symbiosis.finance/

2. Connect your wallet.

3. Click Delegate to Validator:

4. Choose a Validator from the list and click Details:

5. Review details and click Delegate:

6. Specify the amount for staking and click Next Step:

7. Review the delegation summary:

8. Approve token use.

9. Delegate tokens: Important: Once you delegate your tokens, you need to wait for an epoch change, which typically occurs approximately every 24 hours. After the epoch change, your delegated tokens will be accounted for in Symbiosis PoS Staking, and you will start accruing rewards. The status will change from Pending to Active:

Reviewing Delegations

To review your existing delegations:

1. Go to https://staking.symbiosis.finance/

2. Connect your wallet.

3. Click Delegator Overview:

4. Click Manage next to a Validator you delegated for:

5. Check details: Important: Once you delegate your tokens, you need to wait for an epoch change, which typically occurs approximately every 24 hours. After the epoch change, your delegated tokens will be accounted for in Symbiosis PoS Staking, and you will start accruing rewards. The status will change from Pending to Active