Comprehensive Guide: How to pledge $ANLOG, ensure network security and earn rewards

• Dynamic APY : Early pledgers can enjoy higher returns (such as APY about 45% when 40% of tokens are staked).
• How to stake : Use Talisman, js, or SubWallet.
• Release period : 21 days.
• Rewards : Open at 19:00 on February 10 (UTC+8), and can be collected every 12 hours thereafter.

Welcome to join the pledge

The core of Web3 lies in the active participation of users. $ANLOG staking provides users with the opportunity to directly contribute to the Analog ecosystem. With the help of staking, early supporters can ensure Timechain network security while also receiving rewards. This article will introduce in detail how $ANLOG staking works, meaning and how to participate immediately.

The importance of pledge

In the Analog ecosystem, staking is not only a way to obtain rewards, but also the key to ensuring network security and decentralization. $ANLOG staking drives cross-chain communication infrastructure, helping to build a seamless, decentralized Internet network.
Staking is not only a reward mechanism, but also the core of the Analog blockchain consensus. Verifiers and nominees jointly promote a trustless and authoritative future to achieve free flow of data and barrier-free transactions.

Key details

• Nomination Pool : The Analog team has set up a nomination pool to support stakes and reward early users. The nomination pool is a staking pool in the Substrate ecosystem. It allows users to centrally pledge tokens to multiple validators and manage the nomination by the pool operator, so that users can participate in staking without a large number of tokens.
• Staking Platform : Users can pledge $ANLOG through Talisman wallet and pledge panel, and subsequent SubWallet and Fearless Wallet will also be supported. Meanwhile, js extension is suitable for advanced users.
• Reward mechanism : 2% will be drawn from the "Future Development Fund" of Analog's initial supply (Genesis Supply) as a pledge reward in the first 3 months, and then enter the 8% inflation mode. For more information, please see the Analog Economic Model White Paper.
• Annualized rate of return (APY) : APY adopts a dynamic mechanism, which varies with the amount of pledge. The higher the pledge ratio, the wider the reward allocation, and the lower the APY. On the contrary, early participants can enjoy higher APYs, for example, when 40% of the tokens are staked, the initial APY is about 45%.
• Release cycle & Fund security : The pledged funds need to go through a 21-day releasing period before they can be retrieved.
• Rewards : Received at 19:00 (UTC+8) on February 10, and you can receive or re-invest every 12 hours.

Analog is designed to balance network engagement with the long-term value of $ANLOG tokens. In the early stage, high rewards are provided to stakeholders of unlocked tokens, and a reward mechanism suitable for locked tokens will be introduced in the future.

How to pledge $ANLOG

We have created a complete guide to help users easily start staking. If you have any questions, you can join the Discord community.

Summarize

$ANLOG staking is not only an opportunity to earn rewards, but also the basis for building the Analog ecosystem.
By participating in pledge, users can not only optimize their own income, but also help Timechain's security and future development.

For in-depth understanding of the staking mechanism, validator selection, nomination pool and reward structure, you can view the official Gitbook documentation .