Sui is a smart contract platform maintained by a permissionless set of validators, offering scalability and unprecedented low-latency for simple use cases. It utilizes parallel processing and allows for increased throughput by adding more resources. Sui's unique approach forgoes consensus in favor of simpler and faster primitives, making it suitable for latency-sensitive applications like gaming and retail payments.
Sui has its native token called $SUI, which is used for gas fees and staking in a Delegated Proof-of-Stake model.
If you want to stake your $SUI with Forbole and earn some staking rewards, here is a detailed guide to walk you through the process:
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Log in to your Sui Wallet on the Chrome Browser Extension. Click [Stake and Earn SUI].
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Choose Forbole as your validator from the list of available validators.
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Enter the number of tokens you want to delegate and click [Stake Now] to complete the delegation.
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