I'm curious about how crypto rewards function. I want to understand the mechanism behind these rewards and how they are generated in the cryptocurrency world.
5 answers
DigitalTreasureHunter
Fri Nov 29 2024
Imagine a scenario where a blockchain network incentivizes users through staking.
Martina
Fri Nov 29 2024
This particular network offers a reward of 5% for a staking duration of one month.
Eleonora
Fri Nov 29 2024
You, as a user, decide to participate in this staking mechanism by locking up 100 tokens in the network.
Silvia
Fri Nov 29 2024
The tokens remain staked for the agreed-upon period, which is a month in this case.
Bianca
Thu Nov 28 2024
Upon completion of the staking period, you regain access to your original 100 tokens.