Staking and Unstaking

Participating in staking on CosmBank is straightforward:

• Staking CSM: By selecting "Stake" on the platform, users lock their CSM tokens into the staking contract and receive sCSM at a 1:1 ratio.

• Proof of Stake: sCSM serves solely as a receipt of participation — it has no independent utility outside of representing the staked amount.

• Unstaking CSM: When users choose to unstake, they return sCSM to the staking contract and redeem their original CSM at a 1:1 ratio.

Staking flow ensures a seamless, transparent staking experience, with clear rights and straightforward processes for participants.