Staking Rewards Manual: A Complete CLI Guide for OKTC

This comprehensive guide explains how to use command-line interface (CLI) commands to earn staking rewards as a validator or delegator on the OKTC blockchain.

Understanding Staking on OKTC

OKTC employs Tendermint’s BFT-DPoS consensus algorithm, allowing users to:

Stake OKT to earn voting rights
Delegate votes to validator nodes
Receive chain dividends through validator share ratios

👉 Learn more about OKTC's consensus mechanism

Step-by-Step Staking Process for Delegators

1. Obtaining Voting Rights

Stake OKT through CLI commands
Each staked OKT equals one voting right

2. Delegating Votes

Select validator nodes to support
Earn proportional rewards based on validator performance

Key Consideration: Voting weight is calculated based on stake amount and validator commission rates.

Essential CLI Commands for Delegators

Staking Operations

Command Type	Purpose	Example Syntax
Create Stake	Lock OKT for voting rights	`exchaincli stake create`
Withdraw Stake	Retrieve staked OKT	`exchaincli stake withdraw`

Reward Management

Check dividend balances
Withdraw individual validator rewards
Bulk reward withdrawals

👉 Detailed command reference

Validator-Specific Operations

Commission Management

Setting Rates: exchaincli validator commission-set [rate]
Withdrawing Earnings: exchaincli validator commission-withdraw

Status Monitoring

Query outstanding rewards
Check validator performance metrics
Review commission history

Advanced Query Commands

Blockchain Analytics

exchaincli query validators: Lists all active validators
exchaincli query staking-params: Views network parameters
exchaincli query reward-address: Checks withdrawal addresses

Proxy Services

Register/unregister proxy identities
Manage delegator relationships
Query proxy-linked accounts

FAQ: Staking on OKTC

How often are rewards distributed?

Rewards are distributed per block according to the chain's inflationary model.

What's the minimum staking amount?

There's no minimum, but transaction fees apply for all operations.

Can I change my validator votes?

Yes, you can reallocate votes anytime through the voting commands.

How are commission rates determined?

Validators set their own rates, typically between 1-20% of rewards.

Is staking reversible?

Yes, you can unstake tokens after meeting the unbonding period requirements.

Best Practices for Optimal Rewards

Diversify Validators: Spread votes across multiple high-performing nodes
Monitor Rates: Regularly check validator commission changes
Stay Updated: Follow network upgrades that may affect rewards
Secure Operations: Always verify commands with -h before execution

Pro Tip: Use exchaincli query staking-pool to analyze the total staked amount and reward distribution across the network.

For advanced validator operations, including node creation and management, refer to the specialized validator documentation.