Palette Developer Documentation
  • Palette Developer Documentation
  • About Palette
    • Concepts
      • Follow Standards
        • Palette Token Standard
        • Palette NFT Token Standard
        • Transaction Format
      • Validator Management
      • Stake
        • Current delegation reward return coefficient β
      • Gas
    • Palette White Paper
    • Update Notes
  • Development
    • Developer Tutorials
      • Your First Transaction
      • Your First NFT
    • Blockchain Deployments
  • TOOLS
    • Palettescan
    • Palette API
    • PLT Wallet
  • Infomation
    • Incident Report
      • Block Generation Suspension on Apr. 14-15
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  1. About Palette
  2. Concepts

Stake

Fans and investors in the Palette ecosystem can also participate in the Palette Chain governance mechanism by staking their PLT to specific members of the Palette Consortium. Stake, in this context, implies the PLT they hold is linked to specific member nodes and locked on a smart contract. This means that members with greater stake amounts will receive higher rewards.

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Last updated 9 months ago