Sui is a Layer 1 blockchain and smart contract platform designed to make digital asset ownership fast, private, secure, and accessible to everyone. Please read through their documentation.

Sui uses Delegated Proof-of-Stake (DPoS) to determine which validators operate the network and their voting power. Validators are incentivized to participate in good faith via a share of transaction fees, staking rewards, and slashing stake and staking rewards in case of misbehavior.

By delegating SUI, you help secure the network. You get part of the rewards provided by the protocol for this assistance. If you are planning to hold on to SUI for some time, delegating will help you accumulate more SUI while contributing to the health of the network.

You are not giving away ownership of SUI by delegating. As a validator, stakefish will never have the ability to move your SUI.

Sui is designed to encourage and enforce community monitoring of the validator set. This is done through the Tallying Rule by which each validator monitors and scores every other validator in order to ensure that everyone is operating efficiently and in the network’s best interest. Validators that receive a low score can be penalized with slashed stake rewards.

Undelegating (also called unbonding or unstaking) can be done anytime. However, it takes until the end of the current epoch (up to 24 hours) to undelegate and become transferable.

We charge 6% from the block rewards received by our delegators. For example, if a delegator receives 100 SUI as a reward, stakefish will receive 6 SUI while the delegator will get 94 SUI.