Staking is an activity where a user locks or holds his funds in a cryptocurrency wallet to participate in maintaining the operations of a proof-of-stake (PoS)-bases blockchain system. In a simple explanation, we can say staking is one of the ways to earn rewards by holding one or more digital assets.
What are the benefits of Staking on Tokenomy?
- Any users can stake as an individual validator without having to worry about the operational costs and higher fund balances to participate.
- No technical / coding knowledge required.
- Leverage the security infrastructure and risk frameworks of an established token platform.
- You can get rewards daily for certain assets and more options for flexibility when staking on Tokenomy.
How much does Tokenomy give a reward for each product?
You can visit Staking menu on Earn section and see each product for the rewards. Click here