Coinbase is live on SuiDelegation for SUI is live on our Coinbase community validator.
Sui is a permissionless layer 1 blockchain designed to be both developer and user-friendly. It can support a wide range of application development with unrivaled speed at low cost. In exchange for operating and securing the network, the validator receives staking rewards in the form of SUI tokens. The rewards are distributed to all token holders who delegated to that validator’s stake, minus a small commission fee paid to the manager of the validator.
Protocol ParameterValue
Minimum tokens to stake1 SUI
Warm up periodStarts on the following epoch
Unbonding periodNone
Service fee10% of rewards
COINBASE VALIDATORSValidator Name: CoinbaseValidator Address: 0x035092524 1ae8d4083fe4b1104e14dd28d2ffeced9d757555 1c50c41b99995fbValidator Pool ID: 0x881e3ce159e539c9846fbdc8ba0b9ae3f4067aa77f3dcd3b46650907364c4f06
Coinbase may change our commission fee during the lifetime of this validator to ensure we are never running an outsized portion of the network on our node.