Let's know what is STAKING for the CRYPTOGRAPHIC WORLD
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author: @dgalan, through the Power Point 2010 tool, and using the public domain image criptotendencia.com
First of all I want to give a big greeting to all the friends of steemit and especially to the members of this prestigious community such as PH. Today I want to share with all of you a publication that is related to the stake, functionality and its advantages.
What is STAKING.
Nowadays the Staking is a very used word and it is representing an alternative investment mechanism in a very simple way that is giving a lot of fruits for the investors. An attractive proposal, which allows them to generate passive income, managing to keep the possession of cryptoassets.
To explain in a better way, we can describe that the investor uses the tokens he owns to place them to the operation of a Blockchain network, in exchange for that action the owner receives a payment or benefit established at the beginning of the staking. These benefits generated by the staking are the product of the equitable distribution of the profits of the companies.
We can also say that the Staking or also called bet, is when the owner of cryptocurrencies uses a certain amount of those he owns to block them, in the different platforms of DeFi, for a certain time and an APY of his choice, in exchange for it, he will be receiving daily interest that can be withdrawn at the end of the contract together with his capital.
The Advantages of Using Staking.
The main advantage of Staking is that it eliminates the need to purchase hardware, since it does not use the excessive power consumption used in mining to generate additional tokens.
It also has very outstanding advantages, as the yield offered is guaranteed, generating a source of stable income, and even in some cases predictable, where the value of your bet coins does not decrease, and can sometimes be affected by market fluctuations.
Therefore betting currency is very simple, it is environmentally friendly and helps the planet energetically, more than mining as I said before. At the same time the profits obtained are creditable to the crypto world, and allows to have a significant and stable blockchain.
There are a large number of cryptocurrencies that we can use to generate resources through Staking among which we can mention the Bitcoin, Ethereum 2.0, Tron (TRX), Steem, Cardano, among others.
author: @dgalan, through the Power Point 2010 tool, and using the public domain image woxdefi.app
To conclude I want to inform you that the friend @xpilar and his team made a launch of a @wox-exchange, I invite you to you can review it as it meets many of the features that I mentioned and where you can make the stake of your token WOX, as well as add liquidities with the pair TRX-WOX.
You can also enter and get more information in his official discord group: https://discord.com/invite/8FZ6WGkEzs
Good job! You just got yourself a 100% upvote from ACOM. Enjoy!
thank you very much for your support
Salduos @dgalan, very interesting publication that you share, not many know well about this methodology of Staking and the advantages it offers us, I would have liked you to mention any disadvantage that has this method of mining cryptocurrencies if it comes to ternarla of course.
hello @carlir
One of the disadvantages is the volatility of the market, but no doubt that staking is very profitable if it is done in serious and responsible projects.
Thank you very much for commenting
Hello @dgalan, How important it is that you have made this exposition and clarification for all the members who follow your publications.
Staking is one of the new terms within the investment alternatives in cryptocurrencies, and in fact I am about to do my Staking in WOX in a few days that I am free and dedicate a minute just to that, I am sure that WOX is a success story absolute.
hello @tocho2
Thank you very much for your words friend, it is good to contribute with knowledge even more if it is for the benefit of all, I have also made the stake in WoxDefi and I think this project is very good, of course this in the long term, I hope that many of our members can also be part of this great project.
Staking Is the new way for the passive income you can a lot of money if you invest in the good project.
You can earn from 15%- 100+% as their are huge option available. Finding a good project is a must.
hello @adityajainxds
It is very true your appreciation , starking is generating a lot of benefits and is taking investors away from mining , since the profits are daily and with less cost.
Thank you very much for your comments
Staking in the way to earn reward on the holding which I think is a very good method to create source of passive income.
Thanks for sharing the information about this cryptography and staking.
hello @alokkumar121
For us who are in this crypto world to know about these platforms where we can get some resources for the investment made is very good .
Thank you very much for your comments
Hello friend @dgalan, your article is very complete and explains in a very explicit way what concerns the staking, this type of information is great help for all users who want to enter this type of platforms.
So long, have a great week.
hello@amestyj .
Thank you very much for your words, there is no doubt that having information about the stake is determinant to make some investments where we can earn a little more liquidity.
Thank you very much for your comments
hello@amestyj .
Thank you very much for your words, there is no doubt that having information about the stake is determinant to make some investments where we can earn a little more liquidity.
Thank you very much for your comments
Greetings @dgalan,
Wonderfull explanation from your side friend,
Thank you so much for sharing : )
hello @ winy
That's the intention, that my publications serve to obtain some learning and benefit for all..,
Thank you very much for your comments