Hi Can i stake or vote nano?

If a node has too much voting weight, you can allocate it to another primary representative and that helps spread out keeping the network highly decentralized. This works well because Nano uses Open Representative Voting for confirmations so unlike Bitcoin (which will continue to centralize over time), Nano’s ORV nodes should continue to decentralize with scale/time.

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16.03.2022

MAHRAD Автор вопроса

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If a node has too much voting weight, you can allo...

Other currencies now make about 10 to 15 percent apr a year, is that the case with Nano? In which nano wallet can this be done?

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16.03.2022

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MAHRAD
Other currencies now make about 10 to 15 percent a...

No there can be no direct “APR” keeping within Nano. Nano is a zero-inflation coin and 200% of all Nanos (133M) have already been made and are distributed. Staking and getting APR within a coin itself means you are diluting the coins value by that amount every year.

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16.03.2022

⋰·⋰ (I never PM first) · Accepted Answer

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Not sure what you mean by “vote nano” but no - Nano as a currency can not be directly staked. It isn’t a PoS protocol. You do allocate your nano account’s balance as “voting weight” to help elevate a node you like to being a principal representative but you can allocate it to any other representative, at any time, remotely (another distinction)

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16.03.2022

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Hi Can i stake or vote nano?

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