How it works

Stake LUNA, move it between validators and claim rewards from your own wallet. Each is one message to the chain, shown to you exactly and signed by you.

What it signs

These messages go straight to the chain’s staking and distribution modules, with no contract of ours in between. There is no account and no fee from Openfields Stake; the network fee is shown in your wallet. Every transaction’s memo starts with “Openfields Stake”.

Stake
MsgDelegate. Rewards start at the next block.
Move
MsgBeginRedelegate. To another validator at once, without unbonding.
Unstake
MsgUndelegate. The LUNA comes back after the unbonding time.
Claim
MsgWithdrawDelegatorReward, once for each validator with rewards standing.

Moving and unstaking

A move takes effect in the same block and rewards do not stop. The chain then locks that stake against moving on again for the unbonding time, and allows seven moves out of one validator at a time.

Unstaking takes the chain’s unbonding time, 21 days today. The LUNA earns nothing while it waits, and the wait cannot be cancelled. To leave a validator but stay staked, move instead.

What staking costs you

A validator that misses too many blocks is jailed, and part of the stake delegated to it is slashed. That is a real loss. The list shows each validator’s missed blocks in the chain’s current signing window against what it allows; Openfields Status shows who is missing blocks now.

Rewards are paid by the chain and vary from block to block. Nothing here promises any figure. When you stake, a little LUNA stays in the wallet so it can pay the fee to move, unstake or claim later.

Alliance stake

The alliance module holds LUNA and delegates it to validators on behalf of alliance assets, in proportion to each asset’s reward weight. The holders of those assets decide which validators receive it, not anyone staking LUNA. The module never votes, so the validator votes in governance with that power.

The amount per validator is read from the module’s own delegations, not estimated. Openfields Gov follows who holds the alliance assets and what has been decided with them: the money side of governance.

How the list is ordered

By the order you pick, with the validator address as the final tie-break, so the same chain state always gives the same list. Nothing is promoted or paid for, and there is no combined score.

Voting power
Largest first.
Alliance share
Largest share of alliance-directed power first.
Stake people chose
Most LUNA delegated by wallets first, alliance stake left out.
Commission
Lowest commission first. The chain sets a floor of 5%.
Missed blocks
Fewest missed blocks in the current window first.
Votes cast
Most governance proposals voted on first.
Name
Alphabetical.

Some of the people who build Openfields also run a validator. It is listed like any other, by the same rules.

The ✦ in the corner

With a wallet connected, it lists what waits for that wallet (a loan to watch, LUNA ready at Eris, rewards) as Openfields Home reads it, and opens each one there. It also takes a question to Openfields Ask. It never opens by itself. The address goes to Openfields Home’s server, which keeps the answer for up to a minute and logs no address.

Reading it yourself

The validator set with the alliance split, as this page reads it: /api/validators.

Signing is withheld in a few regions. Reading stays open everywhere, and the staking module is reachable with any wallet on the chain.

An independent project, not an official Terra product. Not affiliated with, endorsed by or connected to Terraform Labs, Phoenix Foundation, the Phoenix Directive or any validator listed. Not financial advice. Staking puts LUNA at risk: a validator that misses too many blocks is slashed.