Story Announces Open IP Token Staking Feature
According to official news, Story Protocol announced the opening of the IP token staking function. The project adopts a time-weighted staking model, and holders can become validators by holding a minimum of 1024 tokens. The top 64 validators with the highest staking amount will receive network rewards.
The pledge period is linked to the multiple of the income: flexible pledge gets 1 times the income, 90-day lock-up period gets 1.1 times, 360 days gets 1.5 times, and 540 days can get up to 2 times the income. If you have locked up the token pledge, the income will be halved.