Staking2023-07-06T21:37:51+00:00

Staking

The best way of investing your capital

What is EGLD Staking?

When staking EGLD, users, also called “delegators”, deposit at least 1 EGLD token with a staking provider, also called a “validator”, and thus make a valuable contribution to securing and decentralizing the MultiversX blockchain. In return, delegators receive rewards in the form of EGLD. The delegator’s reward or return is called “APR” (annual percentage rate). Click the button below to see the list of MultiversX’s staking providers.

Earn Passive Income

Let your money work for you

The main reasons we invested in the MultiversX Network becoming staking providers are the MultiversX team’s integrity and reliability.

The quality and values of the people behind this network give you the peace of mind that you’re money is in good hands and you’ll have a guaranteed return on your investment.

Hint: DO NOT think quick and easy money but rather start thinking long term regardless of what you see or hear about the market’s fluctuation, you won’t regret it.

Frequently Asked Questions

What is staking and why would you stake your EGLD?2023-07-04T20:02:09+00:00

When staking EGLD, users, also called “delegators”, deposit at least 1 EGLD token with a staking provider, also called a “validator”, and thus make a valuable contribution to securing and decentralizing the MultiversX blockchain. In return, delegators receive rewards in the form of EGLD. An usual delegator reward or return, called “APR” (annual percentage rate), varies between 9% to 12%.

In order to operate a node (a server/computer in the network) in the MultiversX blockchain as a validator, the validator must deposit a minimum of 2,500 EGLD. Validating transactions will also be rewarded in the form of EGLD and every validator chooses his/her own reward (also called a “service fee”).

How safe is a staking provider?2023-07-04T20:06:27+00:00

The beautiful thing about all the Staking Providers listed on the MultiversX website (explorer.elrond.com/providers) is that they all use the same exact Smart Contract which was audited and certified by MultiversX, thus making every Staking Provider very safe and secure.

There are only a few things a Staking Provider can customize for their own company and that includes the Computed APR, Service Fee, Delegation Cap, etc.

Can a staking provider rob you of your EGLD?2023-07-04T20:09:37+00:00

The Smart Contract used by every staking provider listed on the MultiversX’s website (explorer.MultiversX.com/providers) only allows you, the delegator, to add more of your EGLD or withdraw your EGLD from that staking provider. The Staking Provider has its hands tied up and cannot touch your EGLD.

What is the minimum amount required to join a staking provider?2022-05-11T07:46:40+00:00

The minimum amount required to join any Staking Provider is 1 EGLD.

How can you stake your EGLD?2023-07-04T20:12:09+00:00

There are a few ways you can stake your EGLD with us:

  • Online going to stake.SmartChainConnection.com
  • Using your online MultiversX Wallet > go to wallet.MultiversX.com > login > to to Stake > Stake Now > choose Smart Chain Connection
  • Using the Maiar App > login to the app > go to Earn > go to Stake > choose Smart Chain Connection

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