Hi, anyone able to advise about staking?

Question

Kadena Official Telegram

Sean 🇬🇧

Hi, anyone able to advise about staking?

#blockchain #cryptocurrency #english #kadena

0

06.01.2022

3 ответов

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Obaydah El-shareef

I have 5.4k kda how i can earn I do not understand

0

06.01.2022

Ronny

Obaydah El-shareef
I have 5.4k kda how i can earn I do not understan...

Depends I guess, most people are probably interestedi n the bonding... you don't qualify for the 50K KDA bond, so you'll need to do the delegated bonding via CoinMetro. Essentially they have bonded 3,000,000 KDA or something and receive 30% APY on that (so like 900,000 KDA). They then offer a service where you can lock up your KDA with them and receive a cut of this... if you lock up for a full year it's 18% APY. It may seem like they are getting money for nothing, but they actually allow 5.5M in KDA to be bonded with them. (Those number might not be quite right). If you're interested in this you'll need a CoinMetro account. Also, it's full currently and is very much in demand. However, they hope to open it back up in Q1 at some point.

0

06.01.2022

Ronny · Accepted Answer

Ronny

There's no 'native' staking as such as Kadena is Proof of Work (PoW) and not Proof of State (PoS). There are some other ways to earn passive income on KDA: - Bond 50,000 KDA to the ETH bridge (currently full but more bridges coming soon). - Bond 100 - 5,000 KDA to the ETH bridge via CoinMetro (currently full). - Bond / Stake / Provide Liquidity to one of the dApps within the Kadena ecosystem (see @kadena_defi).

0

06.01.2022

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Hi, anyone able to advise about staking?

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