Moonbeam & Moonriver Staking Dashboards — Tracking and Simulation

The Moonbeam and Moonriver Staking Dashboards are two powerful data dashboards that track staking activities in the Moonbeam & Moonriver Network and provide simulations of different staking schema. They allow users to find the optimal staking strategy based on the current ranking of collators and delegators’ stakes.

Staking in Moonbeam & Moonriver

Moonbeam & Moonriver use a block production mechanism based on Polkadot’s Proof-of-Stake model where Collators maintain the parachains. Token holders can stake tokens to vouch for specific collator candidates and earn staking rewards. The candidates in the active set of collators are selected based on their stakes (self stake + delegator stake) in the network. For detailed information, please read the Moonbeam Documentation.

In short, users can nominate a collator candidate by staking tokens and adding up the collators’ stake. In return, when the collator produces a block and earns rewards, they will share the rewards amongst all of their nominators.

For a staking schema that optimizes rewards, one should consider the following aspects:

  1. Your supporting collator must be in the top 48 collators on Moonbeam and top 64 on Moonriver respectively by stake to be eligible to produce blocks and start to earn rewards.
  2. You must be in the top 300 nominations by stake in that collator’s campaign to be eligible for rewards sharing.
  3. Your rewards will be based on how much you contributed VS the total amount of contributions the collator received. So the greater the proportion, the higher the rewards will be.

The Moonbeam & Moonriver Staking Dashboards

Web3Go provides an all-in-one place to find staking-related data in the Moonbeam and Moonriver Network and gives you an in-depth look at the staking events.

Moonbeam & Moonriver Staking Dashboard by Web3Go

For example, at the top of the Moonbeam dashboard, you can find the round index, block number, and round progress to keep track of the current status of the network.

The above table gives an overview of the currently active set of collators and their staking campaigns: the information of all collators and their delegators, their total stakes, rewards, latest RPM (the reward per MOVR), APY, and the rank of their total stakes.

You can also view the detailed list of delegators of a selected collator along with their stakes and the percentage. The historical reward earning events in each block are also shown on this page.

List of delegators of a selected collator

Staking Simulator

Web3Go has built a simulator that helps you make smart decisions taking all the aforementioned considerations into account.

Reward History of Collator #1

On Simulate, you will find the reward history in the last 10 rounds of a collator’s campaign. The line graph above shows the total stake, the rewards of the delegators, and the RPM of this campaign. You could also find the minimum, maximum and average rewards per MOVR and the volatility score of the rewards, which indicates how volatile/stable the rewards are.

More importantly, you can estimate a real-time reward in this campaign using the Estimate Reward feature: type in the amount of MOVR you intend to stake, then the system will show information including your stake’s ranking in this campaign, reward range, and how much your competitors are staking. You would want to stay at least above the top 100 among the delegators to receive any rewards from this campaign.

You might repeat this action by looking around and checking on other collator campaigns’ estimated rewards. By comparing the rewards, you could potentially find the campaigns that provide higher rewards with a less amount of staking.

Watch this video for a dashboard walk-through:

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About Web3Go

Web3Go is an open data analytics platform that allows users to extract, curate, and visualize data with powerful yet easy-to-use tools.

Deeply rooted in the Polkadot ecosystem, Web3Go provides a series of Web 3 data-related services: Micro-level analysis and visualization of cross-chain assets transactions, parachain slot auctions, DeFi activities, and token transaction histories; Sophisticated address labeling system to create user portraits and accumulate user identity library according to the behavior data on the chain; Utilizing Substrate Smart Contract, a reward system is deployed to incentivize users to post data task and patronize data professions on Web3Go. Being said, Web3Go will provide the essential technical infrastructure for data applications of all kinds in the Polkadot ecosystem.

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An open data analytics platform rooted in the Polkadot ecosystem

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Web3Go

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An open data analytics platform rooted in the Polkadot ecosystem

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