Staking

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Staking as in pure Staking is currently not available for KOIN.

However, it is possible to earn an APY with KOIN. In various ways as explained below in subsections.

Earn KOIN through Mining

The Koinos blockchain is run by miners. Miners earn for their mining activities. Rewards for the miners are provided by the inflation model of Koinos. Mining can be done either by entering one of the Mining Pools available or by setting up your Mining Node.

Be aware:

When you enter mining, your KOIN will be burned for which you receive VHP tokens. Over time these VHP tokens will become available in newly minted KOIN. To convert all VHP back to KOIN - through the mining process - may take up to a year. Daily small portions of KOIN are available to withdraw from the Mining Pools. In case you like to get access to KOIN earlier, markets are available at KoinDX and KoinCity to swap VHP for KOIN.

Earn Tokens through Token Staking

Within the Koinos Ecosystem services are available to earn rewards by staking Koinos-based tokens and/or liquidity tokens. KoinCity offers such staking facilities.