Syscoin is Proof-of-Work, and cannot be staked natively as in a PoS chain. Methods to obtain returns on Syscoin: » Masternodes » /masternodes » Shared Masternodes » GetBlock » StakeCube » DeFi There is a growing ecosystem where there will be different projects that will make up the Syscoin DeFi ecosystem and where you will have different utilities and opportunities. » /ecosystem Currently as DEX, within the Syscoin ecosystem: - PegasysDEX » Official Telegram
#stake
#stake
Syscoin is Proof-of-Work, and cannot be staked natively as in a PoS chain. Methods to obtain returns on Syscoin: » Masternodes » /masternodes » Shared Masternodes » GetBlock » StakeCube » DeFi There is a growing ecosystem where there will be different projects that will make up the Syscoin DeFi ecosystem and where you will have different utilities and opportunities. » /ecosystem Currently as DEX, within the Syscoin ecosystem: - PegasysDEX » Official Telegram
⭐️ What difference to Syscoin Masternodes? They protect the chain from network attacks, as well as provide finality through Chainlocks, and keep the network decentralized. It would take a colossal amount of money to buy enough to have a monopoly on their nodes. The cost of trading an MN keeps traders honest, and incentivized to properly maintain their Syscoin MN, operating their MN correctly and without bad intentions for investment returns. 💰 Rewards 75% of each regular block reward is distributed to MNs as an incentive to continue running it. Seniority benefits. MNs receive a 35% bonus after one year and a 100% bonus after 2.5 years. This benefit is paid only if the collateral of an active Masternode remains locked at the same address for the entire qualification period. » https://syscoin.org/masternodes » https://sysnode.info/about
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