# Concordium

Concordium aims to empower individuals and businesses to navigate Web3 confidently by providing a science-backed, environmentally responsible Layer1 blockchain that enables verifiable self-sovereign data ownership and secure transactions at low cost.

With Concordium, users can harness the power of blockchain technology responsibly while fostering trust in the digital world. This is due to our commitment to transparency, sustainability, compliance, privacy, and safety.

* [Staking Guide](#staking-guide)
* [Validator Address](#validator-address)
* [Staking Mechanics](#staking-mechanics)

### Staking Guide

{% embed url="<https://www.luganodes.com/blog/CCDSG/>" %}

### Validator Address

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{% tab title="Mainnet" %}

<table><thead><tr><th width="204">Type</th><th>Value</th></tr></thead><tbody><tr><td>Validator Name</td><td>Luganodes</td></tr><tr><td>Validator/ Baker ID</td><td>87236</td></tr></tbody></table>
{% endtab %}
{% endtabs %}

## Staking Mechanics

<table><thead><tr><th width="215">Metrics</th><th>Details</th><th data-hidden>Details</th><th data-hidden></th></tr></thead><tbody><tr><td>Reward Frequency</td><td>1 day</td><td></td><td></td></tr><tr><td>Unbonding Period</td><td>21 days. After unstaking, users can access the staked funds after 21 days</td><td></td><td></td></tr></tbody></table>