What is staking?

in #blockchain4 years ago

Staking is a modern convenient form of passive income that you receive by storing cryptocurrency.

By its principle of operation, staking is somewhat similar to a bank deposit - the user transfers money to the account for a certain period, does nothing with them, and they bring him passive income. And the more you store in staking, the higher the regular level of profit.

In addition to this basic scheme of work, the staking of individual blockchains may have its own conditions.

Staking on The Key platform: conditions

✔️Staking and profitability calculation is done in USDT
✔️Withdrawal of remuneration and staked USDT at the end of the stacking period is carried out at the current exchange rate at the time of withdrawal in SOUR tokens.
✔️Reinvestment occurs once a month, while the staking period does not increase.
✔️Distribution of remuneration from staking - 75% to the tokenholder, 25% according to the marketing plan in accordance with the qualification.

Bonuses accrued depending on the terms of staking:

6 months - 5% per month
9 months - 7% per month
12 months - 9% per month
24 months - 12% per month

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