Proof of Stake (PoS)

Proof of Stake replaces miners with validators who lock up the network's native token as collateral; misbehavior gets the stake slashed. Tokenpedia tracks 60 assets in this category.

Proof of Stake reduced the energy cost of consensus by tying security to capital instead of computation. Ethereum migrated to PoS in 2022; Cardano, Solana, Avalanche, Polkadot, BNB Chain, and most modern L1s use some PoS variant. Validators earn yield in exchange for honest block production; misbehaving validators have their staked tokens slashed.

PoS tokens carry a built-in yield (5-15% APY is typical, paid in the native token), which changes how they're valued versus PoW tokens. Stakers' opportunity cost is the alternative use of capital, which makes staking yields competitive with risk-free rates. The model also enables liquid staking, where staked positions are tokenized (Lido, Rocket Pool) and can be used in DeFi.

The questions worth asking about a PoS token: how much of the supply is staked (security floor), what the unbonding period is (illiquidity risk), and how decentralized the active validator set is across operators and geographies.

Decentralized smart-contract platform and open-source blockchain

BNB is the native utility and governance token of the BNB Chain ecosystem, which includes the BNB Beacon Chain and the B…

A high-performance, low-cost blockchain network for decentralized applications

Decentralized blockchain platform

HYPE is the native utility and governance token for the Hyperliquid L1, a performant blockchain optimized for decentrali…

Decentralized smart contracts blockchain platform

Sharded driven dApps platform

A high-performance

Toncoin (TON) is the native cryptocurrency of The Open Network (TON), a decentralized layer-1 blockchain. Originally con…

Sui is an object-centric Layer 1 blockchain

DOT is the native utility and governance token of the Polkadot network, a scalable heterogeneous multi-chain platform th…

ALGO is the native utility and governance token of the Algorand blockchain, a scalable, secure, and decentralized smart…

Blockchain interoperability network

INJ is the native utility and governance token of Injective, an interoperable Layer 1 blockchain optimized for building…

Dash (DASH) is a decentralized digital cash and open-source cryptocurrency designed for instant, secure, and low-cost pa…

A high-performance Layer 1 blockchain using the Move language

Beldex (BDX) is the native privacy-centric utility token of the Beldex ecosystem, a decentralized blockchain network foc…

Modular blockchain

XTZ, also known as 'tez' or 'tezzie', is the native utility and governance token of the Tezos blockchain. It is used to…

Decred (DCR) is a community-directed digital currency designed to be a long-term store of value through a focus on decen…

Decentralized protocol for indexing and querying blockchain data

IOTA is the native utility token of the IOTA network, a distributed ledger designed to serve as the backbone for the Int…

RUNE is the native utility and governance token of THORChain, a decentralized cross-chain liquidity protocol. It serves…

NEO is the native governance token of the Neo blockchain, a smart economy platform designed to digitize assets using blo…

AKT is the native utility and governance token of the Akash Network, a decentralized, open-source cloud computing market…

Onyxcoin (XCN) is the native utility and governance token for the Onyx Protocol, a Web3 blockchain infrastructure design…

Telcoin (TEL) is the native utility and governance token of the Telcoin Platform and the gas token for the Telcoin Netwo…

MINA is the native utility and governance token of the Mina Protocol, which is characterized as the world's lightest blo…

Zano is the native privacy-centric utility and governance asset of the Zano ecosystem, a layer-1 blockchain launched in…

High-performance sharded blockchain

Qtum (QTUM) is a decentralized, open-source smart contract platform and value transfer protocol that combines the securi…

Helium (HNT) is the native token of the Helium Network, a decentralized wireless network designed to provide connectivit…

Kusama (KSM) is the native utility and governance token of the Kusama network, a scalable blockchain platform built usin…

Theta Fuel (TFUEL) is the operational utility token of the Theta Network, a blockchain-based infrastructure designed for…

CTC is the native utility and governance token of the Creditcoin network, a Layer 1 EVM-compatible blockchain designed f…

Ontology (ONT) is the native utility and governance token of the Ontology network, a high-performance public blockchain…

CELO is the native utility and governance asset of the Celo ecosystem, an Ethereum Layer-2 network optimized for fast, l…

FLOW is the native utility token of the Flow blockchain, a layer-one network designed for consumer applications, NFTs, a…

CSPR is the native utility and governance token of the Casper Network, a Proof-of-Stake Layer-1 blockchain launched in M…

Rocket Pool (RPL) is the primary utility and governance token for the Rocket Pool protocol, a decentralized Ethereum liq…

IOST is the native utility token of the IOST blockchain, a high-throughput infrastructure designed for the decentralized…

Osmosis (OSMO) is the native governance and utility token for Osmosis, a premier decentralized exchange (DEX) and cross-…

CTSI is the native utility and governance token of the Cartesi ecosystem, an app-specific execution environment that ena…

WAVES is the native utility and governance token of the Waves blockchain, an open-source protocol designed for building…

ZEROBASE (ZBT) is the native utility token of a decentralized cryptographic infrastructure network designed for verifiab…

STRAX is the native utility token of the Stratis platform, a blockchain-as-a-service (BaaS) ecosystem designed for enter…

QIE is the native utility and gas token of the QIE Blockchain, a Layer 1 protocol designed for high-speed, low-cost tran…

Peercoin (PPC) is a decentralized cryptocurrency launched in 2012, notable for being the first to implement a proof-of-s…