Staking & Rewards

Staking is a way to earn passive income from your cryptocurrency holdings. It involves locking up your coins in a cryptocurrency wallet for a period of time, in order to support the network and earn rewards.

Staking is similar to mining, but instead of using computing power to solve complex mathematical problems, you are using your coins to secure the network. This is because in a Proof-of-Stake (PoS) blockchain, validators are randomly selected to add new blocks to the chain based on the amount of cryptocurrency they have staked.

The rewards for staking vary depending on the cryptocurrency, but they can be significant. For example, the annual staking rewards for Cosmos (ATOM) are currently around 18-22%.

There are a few different ways to stake your cryptocurrency. You can do it yourself by setting up a staking node, or you can delegate your coins to a staking pool. Staking pools are a popular option because they make it easier to stake your coins and they typically offer higher rewards.

If you are interested in staking Cryptocurrency then speak to us today.