Shentu Chain
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  • I've undelegated but don't see it in my wallet yet. | How long does it take to undelegate?
  • Why is the APY different to the staking rewards I get?
  • What is the relationship between CertiK and Shentu?
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FAQ

FAQ for Shentu Chain.

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Last updated 2 years ago

I've undelegated but don't see it in my wallet yet. | How long does it take to undelegate?

From the moment the CTK is unstaked that amount will be undelegating for 21 days. You'll have to wait until this is done. If you want to verify this, you can always check to verify the CTK unbonding on your wallet.

Why is the APY different to the staking rewards I get?

The APY and Inflation are calculated according some parameters which can vary and make the actual rate. The APY is using the base calculation Inflation% / staked% = APY% Example would be : 10% inflation / 50% staked = 20% APY However this is the base. This is not taking in consideration the current blocktimes, the blockreward for shield collateral providers.

What is the relationship between CertiK and Shentu?

In the summer of 2021 Shentu Chain was founded by the Shentu Foundation, Certikchain was the predecessor of Shentu and got rebranded to Shentu chain. CertiK and Shentu Foundation are separate entities working on their own. CertiK was the founder of Certik Chain.

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