We are excited to announce that Everstake is relaunching their Cosmos referral program. Users staking $ATOM with Everstake can earn 50% of the validator fee by creating a referral link and inviting their friends and followers to stake with Everstake.
Key takeaways:
- Earn 50% of the validator fee from everyone who stakes $ATOM through your referral link
- Unlimited referrals
- Rewards are paid out on the 5th of every month
- No tricky disclaimers or hidden conditions
- Referral links should be shared with users who have not staked with Everstake before
Why Stake with Everstake?
Everstake is the biggest decentralised staking provider, trusted by 625,000 users. For the past four years, the company has been using enterprise-level hardware to run over 8000 nodes for 50 blockchain networks.
Everstake is part of our Verified Provider Program and they uphold the highest standards in the staking industry.
How Can I Sign Up?
If you have never staked $ATOM with Everstake before, head over to the staking portal and start staking $ATOM by following these steps.
- Watch the video guide
- Click on the “I’m ready to stake” button
- Paste your Cosmos address in the first block
- Stake ATOM with Everstake via Keplr or another wallet
- Paste your Cosmos Transaction Hash in the second block
- Generate the link and share it with your followers and friends community
Once you have taken these steps, you can track your referrals and total rewards on the dashboard.
How Does This Benefit Me?
As an ordinary staker, you would usually earn a nominal yield from staking your crypto. The yield is then adjusted for a commission rate to give you your actual reward rate. You can currently earn ~18% APR on the Cosmos network after fees.
While this is a juicy yield, the average commission being paid out to validators is ~7.29%. Everstake (on the other hand) only charges a 5% commission rate.
Everstake is offering you 50% of the validator commission from everyone that stakes through your referral link! You can check out their calculator to work out what your potential earnings could be.
Conclusion
The referral program offers a unique opportunity for users to earn extra staking rewards by inviting friends to stake $ATOM through their referral link. Everstake is one of the largest and most reputable Staking Providers in the Cosmosverse and is constantly giving back to their stakers through initiatives like this; happy staking!