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feat(stake): update staking information (fix/issue-51) #52

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24 changes: 16 additions & 8 deletions apps/demo/src/pages/stake/index.tsx
Original file line number Diff line number Diff line change
Expand Up @@ -225,14 +225,22 @@ export default function Stake() {
textProps={{ size: 'md', className: 'font-medium flex flex-column' }}
readMoreColor={Colors.getChainColor(activeChain)}
>
{`Staking is the process of locking up a digital asset non custodially (${ChainInfos[activeChain].denom} in the case of the ${ChainInfos[activeChain].chainName} Network) to provide economic security.
When the staking transaction is complete, rewards will start to be generated immediately. At any time, stakers can send a transaction to claim their accumulated rewards, using a wallet.
Staking rewards are generated and distributed to staked ${ChainInfos[activeChain].denom} holders in two ways: Transaction fees collected on the ${ChainInfos[activeChain].chainName} are distributed to staked ${ChainInfos[activeChain].denom} holders. and secondly
from newly created ${ChainInfos[activeChain].denom}. The total supply of ${ChainInfos[activeChain].denom} is inflated to reward stakers. ${ChainInfos[activeChain].denom} holders that do not stake do not receive rewards, meaning their ${ChainInfos[activeChain].denom} get diluted over time.
The yearly inflation rate of ${ChainInfos[activeChain].denom} is available on most explorers.
Staking ${ChainInfos[activeChain].denom} is not risk-free. If a validator has downtime or underperforms, a percentage of ${ChainInfos[activeChain].denom} delegated to them may be forfeited. To mitigate these risks, it is recommended that ${ChainInfos[activeChain].denom} holders delegate to multiple validators.
Upon unstaking, tokens are locked for a period of ${unstakingPeriod} post which you will automatically get them back in your wallet.
`}
<Text size='sm' className='mb-[4px]'>
{`Staking is the process of locking up a digital asset non custodially (${ChainInfos[activeChain].denom} in the case of the ${ChainInfos[activeChain].chainName} Network) to provide economic security.`}
</Text>
<Text size='sm' className='mb-[4px]'>
{`When the staking transaction is complete, rewards will start to be generated immediately. At any time, stakers can send a transaction to claim their accumulated rewards, using a wallet.`}
</Text>
<Text size='sm' className='mb-[4px]'>
{`Staking rewards are generated and distributed to staked ${ChainInfos[activeChain].denom} holders in two ways: Transaction fees collected on the ${ChainInfos[activeChain].chainName} are distributed to staked ${ChainInfos[activeChain].denom} holders. and secondly
from newly created ${ChainInfos[activeChain].denom}. The total supply of ${ChainInfos[activeChain].denom} is inflated to reward stakers. ${ChainInfos[activeChain].denom} holders that do not stake do not receive rewards, meaning their ${ChainInfos[activeChain].denom} get diluted over time.`}
</Text>
<Text size='sm' className='mb-[4px]'>
{`The yearly inflation rate of ${ChainInfos[activeChain].denom} is available on most explorers.`}
</Text>
<Text size='sm' className='mb-[4px]'>
{`Staking ${ChainInfos[activeChain].denom} is not risk-free. If a validator has downtime or underperforms, a percentage of ${ChainInfos[activeChain].denom} delegated to them may be forfeited. To mitigate these risks, it is recommended that ${ChainInfos[activeChain].denom} holders delegate to multiple validators. Upon unstaking, tokens are locked for a period of ${unstakingPeriod} post which you will automatically get them back in your wallet.`}
</Text>
</ReadMoreText>
</div>
</div>
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