Crypto.com : On-Chain Staking is now available!!
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!!
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
ALSO!!
Don't miss these articles!!
FREE Mining Opportunities : https://www.bulbapp.io/p/14328bf1-75c3-4801-8492-85b3e4089c8b/free-mining-opportunities
FREE ZEN (Horizen) : https://www.bulbapp.io/p/836e3cc1-9900-4cad-afd6-74d54fac7cd0/free-zen-everyday-horizen
Do your own research!! I am not a financial advisor!! It's only my opinion!
Thank You!!
