Product Overview – STAKING

Staking is a popular way to earn passive income with your crypto investments. Here’s how you can start.

How does staking work?

Staking is only possible via the proof-of-stake consensus mechanism, which is a specific method used by certain blockchains to select honest participants and verify new blocks of data being added to the network.

The stake, then, is the validator’s “skin in the game” to ensure they act honestly and for the good of the network. In exchange for their commitment, validators receive rewards denominated in the native cryptocurrency. The bigger their stake, the higher chance they have to propose a new block and collect the rewards. After all, the more skin in the game, the more likely you are to be an honest participant.

HubinNetwork Staking Dapp will have Available 3 options for tokens Stake (15days lock- 30% Apr, 30days lock- 60% Apr, & 45days for 90% Apr).