LiteDAG

Staking

2 min read

Staking LDG

Stake your LDG to earn 40% of block rewards. Staking rewards auto-compound into your delegate's staked balance.

How Rewards Work

Each block distributes 20 LDG:

RecipientShareAmount
Miner50%10 LDG
Staker40%8 LDG
Treasury10%2 LDG

If no staker signs a block, the 40% staker share is burned. Running a staker keeps the network secure and earns you rewards.

Prerequisites

  • CLI wallet installed and synced (a local node must be running)
  • Wallet contains at least 11,000 LDG (10,000 min stake + 1,000 delegate registration burn + fees)

Step 1: Register a Delegate

To stake, you first need a delegate (validator). You can either create your own or use an existing one.

To create your own delegate:

register_delegate <id> <name>

Example: register_delegate 2 mypool — this burns 1,000 LDG.

To use an existing delegate, browse the list at explorer.litedag.com/delegates and skip to Step 2.

Step 2: Set Your Delegate

Assign your wallet to a delegate:

set_delegate <delegate_id>

Example: set_delegate 1 — assigns your wallet to delegate 1 (litedag).

Step 3: Stake

Lock your funds to begin earning rewards. Minimum stake is 10,000 LDG.

stake 10000

Important:

  • Staking locks your funds for 2 months.
  • Additional stakes reset the lock period.
  • Rewards auto-compound — your staked balance grows automatically.

Step 4: Run the Staker (Delegate Owners Only)

If you registered your own delegate, you need to run the staker process to sign blocks:

./litedag-wallet-cli --open-wallet <name> --wallet-password <pass> --start-staking delegate<id> --non-interactive

This must run continuously. Use systemd or a tmux session to keep it alive.

Unstaking

After the 2-month lock period:

unstake 10000

Quick Reference

CommandWhat it does
register_delegate <id> <name>Create a new delegate (burns 1,000 LDG)
set_delegate <id>Assign your wallet to a delegate
stake <amount>Lock LDG for staking (min 10,000)
unstake <amount>Withdraw after lock expires

Always keep a small amount of LDG unlocked in your wallet to pay for transaction fees.

See Also