Celestia is a modular and minimalist layer 1 blockchain that enables users to create custom decentralized blockchains with ease.

Celestia operates on a Proof-of-Stake (PoS) consensus mechanism, utilizing CometBFT and the Cosmos SDK framework. This PoS mechanism involves validators and delegators who actively participate in securing the network and earning staking rewards. Validators may charge a fee to delegators, which allows delegators to share in the staking rewards generated by the validator to cover their costs for the service.

Staking TIA involves certain risks, including potential slashing penalties if validators misbehave. Additionally, these risks also include potential fluctuations in the value of TIA tokens, the possibility of network attacks, and changes in network parameters that may affect your staking rewards.

Stakely is a trusted validator with extensive experience in PoS networks. Staking with Stakely provides security, competitive fees, and access to informative resources for a seamless staking experience.

TIA is the native token of Celestia and serves as a fundamental component in the Celestia ecosystem. It is used for various purposes, including:

• Paying for Blobspace
• Bootstrapping New Rollups
• Staking
• Governance

TIA holders can engage in the process of submitting and voting on governance proposals.

To stake TIA on Celestia, you need to choose a validator, such as Stakely, and delegate your TIA tokens to them. This can be done through Keplr, or any wallet that supports Celestia staking. By participating in staking, you not only help secure the network but also earn rewards in the process.

Yes, the unbonding period for unstaking TIA on Celestia is set at 21 days. During this period, you won’t earn staking rewards and your tokens will become non-transferable and locked. After this period, your tokens will become available for withdrawal and transfer.