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Author Topic: BNB staking. Validator in Jail status  (Read 67 times)
Beerwizzard (OP)
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April 24, 2021, 07:41:57 AM
Last edit: April 24, 2021, 08:22:57 AM by Beerwizzard
 #1

Hey there!

I have staked my BNB not long ago and used Ankr_BSC_validator_1 as a delegator. Today when I logged in, I found that this validator now have In Jail status.

I could not find an explanation of it but it definitely sounds like there should be an interesting story behind this status. Hope, someone can clarify it.

And the most important: does it mean that delegator is locked forever (sounds like it should be really "locked" for some time) and I only have to re-delegate it? Seems like I'd have to wait until funds are re-delegated now Sad


TryNinja
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April 24, 2021, 08:25:41 AM
 #2

Validators can suffer from “Slashing”, a punishment for their bad behaviors, such as double sign and/or instability. Such loss will not be shared by their delegators.

Slashing is a punitive function that is triggered by a validator ’s bad actions. Getting slashed is losing self delegation of a validator. Validators will be slashed for the actions below:

Going offline or unable to communicate with the network.
Double signing. If a validator node tries to split the network by signing two different blocks and broadcasting them, it will be removed from validator set definitely.

minimum self-delegated amount: 10000BNB

Unbonding time: 7 days

offline Unjail fee: 1BNB

offline Jailed time: 2 days. A validator can only unjail 2 days later after it has been jailed

offline slashing amount: 50BNB

Double-sign slashing amount: 10000BNB

TLDR: Ankr fcked up somewhere and got punished by the network. They won't make money for at least 2 days and maybe you lost a percentage of your BNB (a very small and unnoticeable one, though).

You can undelegate, but that takes 7 days (according to the same page).

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Beerwizzard (OP)
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April 24, 2021, 09:28:37 AM
 #3

Thanks! It's not that bad as it sounds.
It seems I should be able to get my rewards after jail period is over. So there is no point in redelegating my funds if they would work stable in the future.

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