Crypto Staking: Why MetaLunch Stands Out?
What Is Crypto Staking?
Crypto staking is a process that involves placing funds into a digital wallet and keeping them there to support validating transactions for PoS blockchains. By participating in transaction validation, participants earn extra cryptocurrency.
Benefits of Crypto Staking:
• Earn additional tokens - This is the big one - increasing your individual stash of tokens or coins. Stakers aren't guaranteed anything, as the process of forging new blocks and doling out rewards is randomized, but stakers do "earn interest," so to speak, by staking.
• Staking is less resource-intensive - As opposed to crypto mining, staking consumes far fewer resources, which may help you sleep at night. Plus, staking is "servicing the ecosystem by making tokens more rare," says DeCicco, which can increase the value of your holdings.
• Stakers get voting rights and participation - As mentioned, stakers are more entrenched in a specific ecosystem or blockchain network, which may give them more clout as to what happens next with a specific cryptocurrency. "It's similar to owning stock in a company. By staking, you're getting voting rights," says Welch.
• Staking can be an easy way to grow holdings - For investors using an exchange, staking can be as easy as toggling a few switches to set things up. From there, they can watch their holdings grow. It's a hands-off, easy way to keep investing, while putting in very little effort.
There are some notable differences between mining and staking. In general, while mining only occurs with proof of work (PoW) systems, you’re able to get a return on both PoW and PoS coins on staking platforms.
Both PoW and PoS as consensus mechanisms are able to confirm blockchain transactions without needing a third party, such as a bank or other financial institution.
The main difference between the two mechanisms is in their energy consumption.
How To Get Started With Crypto Staking:
If you’d like to get started with the staking process, you first need to obtain PoS coins. Once you’ve selected the coins you want to use, you’ll decide how much of your top staking coins you’d like to stake. This process can be done on any major cryptocurrency exchange.
Why Do MetaLunch Staking Platform Stand Out?
As we know, the major gain or benefit we expect in Crypto Staking is earning on your staked assets.
All projects have their different staking plans and rewards. But Creator Platform provide staking plans that allow their users to earn more and make sure their assets are safe.
What Staking Plans Do MetaLunch Have?
1. 7-Days Lock-Up Plan:
In this plan, your staked asset will be locked up for 7days. That is, you will not be able to withdraw or transfer the asset till the end of 7 days
Reward: 6% APR on the staked ASVA
2. 15-Days Lock-Up Plan:
In this plan, your staked asset will be locked up for 15days. That is, you will not be able to withdraw or transfer the asset till the end of 15 days.
Reward: 12% APR on the staked ASVA
3. 30-Days Lock-Up Plan:
In this plan, your staked asset will be locked up for 30days, where you will not be able to withdraw or transfer the asset till the end of the 30 days.
Reward: 25% APR on the staked ASVA
4. 90-Days Lock-Up Plan:
In this plan, your staked asset will be locked up for 90days, where you will not be able to withdraw or transfer the assets till the end of the 90 days.
Reward: 85% APR on the staked ASVA
Asides from the huge APR you will enjoy on you staked ASVA assets on the MetaLunch staking platform, you will still be able enjoy the benefits of joining IDOs of several projects that lunches on the MetaLunch Launchpad
Staking your ASVA token on the MetaLunch staking platform is a great way to earn passive and massive income, and also generate high returns.
Your investments with them come with very little risk and can pay dividends if you withdraw your rewards at the right time.
With this guide in hand, you should have everything you need to begin the staking your ASVA on the MetaLunch platform
You can start on staking right away on the MetaLunch Platform:
https://stake.metalaunch.io/
Follow MetaLunch on all socials to know about them and for more amazing updates: