Welcome to the Celestia FAQ guide! Here, you’ll find answers to some of the most frequently asked questions about $TIA (Celestia), including how to add it to various wallets, staking information, where to buy $TIA, and more. If you’re a new user or even an experienced one looking for more information, you’ve come to the right place.
How can I add the Celestia mainnet network?
Both Keplr and Leap automatically added the Celestia mainnet network as soon as it launched. In Keplr, you can enable it under “Manage Chain Visibility”.
How to add Celestia to Metamask?
- Connect at metamask.mysticlabs.xyz
- Click the Settings tab & click the Celestia +
- Approve adding Celestia
And you’re good to go! Now you can view your $TIA in-wallet, using MetaMask
Is TIA available on DEX?
Yes, on Osmosis.
How can I stake my tokens?
You can stake your tokens directly using Keplr and Leap wallets. We have a step-by-step guide available to assist you through the process.
Does Ledger support Celestia?
Celestia is a Cosmos-based project. Ledger is supported via Keplr wallet
LINK: Staking guide
This Genesis Drop has been concluded and included the following users:
- Top 50% of active users of the top 10 Ethereum rollups by TVL, with a balance of at least $50 based on a snapshot taken on 1 January, 2023. Eligible rollups include but aren’t limited to Optimism Mainnet, Arbitrum One, Arbitrum Nova, Starknet, and Loopring.
- Cosmos Hub and Osmosis stakers and delegators of at least $75 based on a snapshot taken on 1 January, 2023.
- Various public GitHub contributors to the Celestia codebase across Modular Summits and Celestia’s Modular Fellows program.
It was distributed 31st of October, hope you got yours!
Where to buy $TIA?
You can purchase $TIA from listed Exchanges and DEX.
Where can i learn more about TIA Tokenomics?
You can learn more about it from the documentation below:
Are light node incentivised?
Light nodes are not incentivized in the current design.
How to choose a validator?
Choosing a validator in the Celestia network, or any Proof-of-Stake (PoS) blockchain, involves considering several factors:
- Performance: You should consider the validator’s uptime and their history of being online and active. Validators with high uptime are more reliable [ e.g 01node] .
- Commission Rate: Validators charge a commission for their services. This is a percentage of the rewards earned. A lower commission rate means you’ll keep more of your rewards [ e.g 01node offers as low as 5%] .
- Self-bonded Amount: This is the amount of tokens the validator has staked themselves. A higher self-bonded amount indicates that the validator has more at stake and is therefore more likely to be a reputable validator.
Is Celestia a cosmos based project?
Yes, Celestia is indeed a Cosmos-based project. It is designed to work with the Cosmos ecosystem and uses the Cosmos SDK (Software Development Kit). This allows developers to build blockchain applications in Go, which can then be easily deployed on the Celestia network. Celestia’s design is modular, meaning it can support various types of applications and programming languages, including Solidity (EVM), Rust (CosmWasm), and Go (Cosmos SDK).
Is $TIA deflationary?
Not yet but there are plans to implement a fee-burn mechanism similar to EIP-1559 in Ethereum so that burnt fees will offset new token issuance as Celestia gains. No ETA yet on when that will happen.
What is the staking APY?
25% at the time of writting. The staking APY (Annual Percentage Yield) for TIA can vary based on several factors, including the total amount of TIA staked in the network and the network’s inflation rate. It’s recommended to check the latest data from the Celestia network or a trusted blockchain data provider