Sentinel has been building up a blockchain framework for developers to build applications around a decentralized VPN. A few of our team members are strong supporters and users of Sentinel’s dVPN, and we are excited to finally be able to support its network.
Frequently Asked Questions
Here are answers to some of the questions our community has asked us. Get in touch if there’s more you would like to know.
Sentinel lets anyone build on top of their DVPN network. They initially launched on Ethereum, but then migrated to their own Cosmos-SDK-based blockchain. Sentinel’s mainnet launched in March 2021. To learn more, please read their whitepaper.
New blocks on Sentinel are proposed by validators. To enable Sentinel to run seamlessly, validators need the technical capabilities to offer a secure, always on infrastructure.
Not everyone is able to do this. Some token holders participate indirectly by delegating the tokens they have to a validator. Validators are running a service for delegators. They typically charge a fee to cover their operational costs.
By delegating DVPN, 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 DVPN for some time, delegating will help you accumulate more DVPN while contributing to the health of the network.
You are not giving away ownership of DVPN by delegating. As a validator, stakefish will never have the ability to move your DVPN.
Sentinel penalizes any validator that misses too many blocks or double signs a block by slashing the staked amount on that validator. We have our own capital on the line, so we are fully incentivized to do our best to prevent such events. However, delegators must be aware that this slashing risk will always exist.
We charge 4% from the block rewards received by our delegators. For example, if a delegator receives 100 DVPN as a reward, stakefish will receive 4 DVPN while the delegator will get 96 DVPN.
Undelegating (also called unbonding or unstaking) can be done anytime. However, it takes approximately 28 days for your DVPN to undelegate and become transferable.
If you have any questions about staking or our validator services, please do not hesitate to reach out to us. We are happy to talk with anyone and help navigate community members through this exciting new ecosystem.Get in Touch