CENNZnet is a public blockchain network designed to power the next generation of decentralized applications (DApps). It is the world’s first natively permissioned public blockchain and provides core services to DApp builders such as integrated multi-token economy, attestation, NFTs, and more.
Nominators are CENNZ token holders who choose to stake a portion of their CENNZ behind a Validator. If the chosen Validator is elected and performs their duties correctly, Nominators receive a portion of the resulting CPAY reward.
To take part in staking you must:
Please note that there is an unbonding period, which serves as a cooldown. You will be able to transfer your tokens after this time has passed (28 days on Cennznet). After 28 days of unbondling, the CENNZ will be in the "Redeemable" state. At this time, the unbond CENNZ can be redeem by using the redeem function. Please note that during the unbonding period, you will not receive any staking rewards.