Sirwin
Sirwin

Crypto.com : On-Chain Staking is now available!!

By Gouzgou_Maitre | Gouzgou View | 7 Aug 2023


Hello hello!! I think all we know Crypto.com right?? They made recently a big announcement!!

Lets start!

 

Crypto.com announced that on-chain Staking is now available in the Crypto.com App in select markets. With on-chain Staking, users can earn rewards while actively supporting the project they believe in. 

What is on-chain Staking?

Staking allows users to participate in a particular Proof of Stake (PoS) network by locking up their tokens and helping to secure the network. Usually, stakers join staking pools run by validators, who help verify transactions and add them to the network. In return, they receive rewards in the form of newly minted tokens. Validators may then proportionally distribute the rewards to stakers after deducting their fees.  

Benefits of on-chain Staking in the App

Staking in the App allows users to conveniently put idle assets to work and receive rewards as often as daily. Furthermore, users may enjoy the flexibility of staking or unstaking their assets, as Crypto.com does not impose a lockup period.

 

The Etherium (ETH), Cronos (CRO),Solana (SOL),Polkadot (DOT) and Polygon (MATIC) are available the time I write the article and more protocols coming soon!!

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(These APR may change!!)

 

The announcement : https://crypto.com/product-news/on-chain-staking-app

 

Check this article for more information : https://help.crypto.com/en/articles/2996965-crypto-earn-how-does-it-work

 

In my case I will wait for my CRO to be unlocked because I have them in the Earn section and after I will try the Staking!!

Have you tried it or will you try it??

 

 

There is a promo also for those who don't have an account yet : https://crypto.com/app/3udy8vnk5f

 

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Check this article for more details about the promo : https://help.crypto.com/en/articles/3124990-bg25-referral-program

 

 

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FREE Mining : https://www.publish0x.com/gouzgou/free-mining-opportunities-xyemyqq

FREE Crypto Vol1 : https://www.publish0x.com/gouzgou/free-crypto-vol1-big-future-potential-xrgrrqe

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PipeFlare : https://www.publish0x.com/gouzgou/pipe-flare-review-xnnyrno

Free Zen (Horizen) : https://www.publish0x.com/gouzgou/free-zen-everyday-xpzrmrm

 

 

 

Do your own research!! I am not a financial advisor!! It's only my opinion!

STAY SAFE-DYOR

 

Thanks!

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Gouzgou_Maitre
Gouzgou_Maitre

Crypto and Sports!!!


Gouzgou View
Gouzgou View

Crypto and Sports!!!

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