Story (IP)
What is Story Protocol?
Story Protocol is redefining the way intellectual property (IP) is managed by moving it onto the blockchain, transforming IP assets into tokenized, liquid, and easily licensable digital properties. Traditionally, IP rights have been constrained by complex and outdated legal frameworks, making licensing and management cumbersome and expensive — particularly for independent creators. As a result, the multi-trillion-dollar IP industry has remained inefficient, illiquid, and largely disconnected from the digital economy. Story Protocol seeks to change that by enabling seamless interoperability, accessibility, and value creation for creators and businesses alike.
How to stake Story (IP)?
Validator Name: Everstake
Vote Account: storyvaloper1u4clv9m2r0yrpwalzj0jzquv5y4ur44vcyr56h
Commission: 7.00%
Story Staking Manual
Step-by-Step Guide to Staking IP via IP Staking Dashboard
Step 1: Acquire IP and Access the Staking Dashboard
Acquire IP and Access the Staking DashaTransfer IP to your crypto wallet—this can be a Cosmos wallet like Keplr or an EVM wallet like Metamask.
Go to the Story Protocol Staking Dashboard.
Step 2: Acquire IP and Access the Staking Dashboard
Click Connect Wallet.
Choose your wallet extension from the list (e.g., MetaMask or another supported wallet).
Approve the connection request in your wallet.
Step 3: Select a Validator
Browse the list of available validators supporting unlocked tokens.
If you own locked tokens choose Everstake for stable performance and optimized staking conditions. Reach Everstake by the link.
On the validator page, you will see:
Your available IP token balance.
Your currently staked amount.
Commission rates and staking terms.
Step 4: Stake Your IP Tokens
Click Stake.
In the pop-up window:
Enter the number of IP tokens you wish to stake (minimum: 1024 IP).
Select your preferred staking period from the dropdown menu.
Click Stake IP.
Confirm the transaction in your wallet.
Step 5: Verify and Refresh
After successful staking, a green confirmation message will appear.
Click View Transaction to check the transaction status on the blockchain explorer.
Refresh the validator page on the dashboard to see your updated staked amount.
Congratulations! You have staked your IP tokens with Everstake on the Story Protocol Staking Dashboard.
Where can I stake Story (IP)?
You can choose a crypto wallet convenient for you and use the guide at the link or write to Everstake support and get more detailed information. While numerous wallets support IP token, staking is available only on Story Staking Dashboard by connecting your wallet to this platform.
Staking Details
Epoch duration
None
Block Time
3,9 seconds
Everstake fee
7.00%
Auto-compounding
None
Fee to activate the wallet
None
First reward info
Rewards begin accruing right after your staking transaction is confirmed. Accrued rewards arrive to the wallet once they reach 8 IP
Reward frequency
Every block
Min amount ot stake
1024 IP
Unstaking period
Unstaking period lasts 14 days. Newly un-delegated tokens are considered “unbonding” and are not able to be withdrawn until unstaked.
Stake (de)activation time
Instantly
Re-delegating activation time
Instantly (minimum redelegation amount - 1024IP)
Last Reward
Last rewards earned before unstaking.
Self-Bond
None
Active set
80 validators
Slashing
Double sign: If a validator signs twice for the same block, they lose 5% of tokens and get permanently jailed (tombstoned).
Downtime: If a validator misses 95% of the past 28,800 blocks, they lose 0.02% of tokens and get temporarily jailed.
Jailed validators can't participate in consensus or earn rewards. After a 10-minute cooldown, they can unjail themselves (costs 1 IP fee) if their stake exceeds the 1024 IP minimum.
Why Everstake?
Everstake is the №1 staking infrastructure platform, trusted by over 1.5M users and institutional clients worldwide. Committed to the highest standards of compliance with certifications such as SOC 2 Type II, CCPA/CRPA, ISO 27001, and GDPR, we deliver secure and reliable staking solutions across 30+ supported chains with a reliability rate of 99.98%
Our skilled team manages reliable infrastructure, prioritizing the safety of your funds. Delegating through Everstake offers opportunities to boost your yields while ensuring peace of mind about your token's security.
Everstake Participation
As an Story validator, Everstake contributes to the overall success and growth of the Story network from the network's initial launch. Our technical expertise and robust infrastructure help maintain the reliability of the network. We are responsible for keeping systems up and running, which is crucial for the uninterrupted operation of the blockchain and the timely processing of transactions. In recent years, Everstake has become one of the leading validators by stake and the number of staking accounts — a clear sign of users’ trust and growing interest.
FAQ
What is IP?
An IP token can refer either to a specific cryptocurrency within the Story Protocol network or to the broader concept of tokenizing intellectual property (IP) rights.
Within Story Protocol, the $IP token serves as the network’s native utility asset — used for transactions, staking to secure the network, paying licensing fees, and participating in governance, as outlined by Gate.io and CoinMarketCap.
More broadly, an IP token represents ownership and rights to intellectual property on the blockchain. It enables fractional ownership, automated licensing, and royalty distribution through smart contracts, bringing transparency and liquidity to the IP economy.
IP Supply and Distribution
The total supply of IP tokens is 1 billion, distributed strategically to ensure a balanced approach, promote decentralization and long-term commitment to the project’s success:
38.4% – Ecosystem & Community incentives
10% – Initial Incentives for early adopters
10% – Foundation Reserve
21.6% – Early Backers (vesting over 48 months)
20% – Core Contributors (vesting over multiple years)
To prevent market manipulation and ensure long-term sustainability, tokens allocated to the team and investors are locked for extended periods. However, these tokens can still be staked under specific conditions.
Locked and Unlocked IP tokens
Story Protocol introduces two types of IP tokens:
Unlocked Tokens: These tokens are freely transferable and can be used for transactions, paying network fees, or staking.
Locked Tokens: Typically allocated to team members and investors, these tokens are subject to a vesting schedule and cannot be transferred until unlocked. However, they can be staked under specific conditions.
Both types of tokens hold equal voting power, meaning that validators managing them have proportional governance influence. Additionally, both locked and unlocked tokens are subject to slashing penalties if validators fail to maintain network security and uptime.
Flexible and Fixed IP staking
Story Protocol offers two staking types:
Flexible Staking: Works by default and allows unstaking at any time, with a 14-day unbonding period. The only way to stake locked tokens is flexible staking.
Fixed Staking (for unlocked tokens): Offers reward multipliers based on staking duration:
90 Days → 1.1x Rewards
360 Days → 1.5x Rewards
540 Days → 2x Rewards
Control over User's Funds
Validators don't have control over users' funds in blockchain networks. Instead, they validate transactions and participate in the consensus process based on the rules defined by the network protocol. Users retain control over their funds through private keys, which are used to sign transactions and authorize transfers. Validators' roles involve confirming the validity of transactions and blocks, but they don't have the authority to access or manipulate users' funds.
Rewards Distribution
Staking rewards on the Story Protocol are distributed with every block, offering an average annual percentage rate (APR) of around 5–6%. Once a staking address accumulates at least 8 $IP in rewards, the amount is added to the distribution queue and becomes claimable after processing.
The yield a delegator receives depends on the current inflation rate, the total amount of IP staked, validator uptime, and validator commission. Validator commission is a percentage fee deducted from staking rewards, while uptime is measured by the validator’s network performance (proposing and signing blocks).
What is IP Portal?
The IP Portal is a platform that simplifies intellectual property (IP) management for creators, developers, and businesses. It uses the unique features of the Story blockchain to provide tools to register ownership, define licensing terms, and manage revenue within a transparent and automated environment.
Users can register various forms of digital content, such as artwork, video, audio, or AI-generated material, as intellectual property. The platform offers integrated options for licensing and monetization, and technical expertise is not needed. Explore more in the article.
What is PIL on Story Protocol?
PIL is a code-based contract template that streamlines and automates the licensing and monetization process of IP through the use of blockchain-specific instruments. In a nutshell, it integrates legal terms directly into smart contracts, which not only simplifies the entire management process but also enhances its efficiency and transparency.
Creators register their IP as an IP Asset in the form of an ERC-721 NFT, which, however, is used for tokenizing creative works, data sets, or AI models rather than collectibles. Each IP Asset is linked to an IP Account, which, in the technological sense, is a smart contract wallet based on the ERC-6551 standard. The IP Account can execute transactions and interact with dApps, thus giving the IP Asset an on-chain identity. Explore more in the Article.