Aion is the digital asset that serves as security and access to The Open Application Network. The market cap is $27,279,535 and the 24h volume is $1,947,526.
Aion blockchain consensus is achieved via Unity Hybrid PoS/PoW. Investors can participate via staking. Currently there are 2 options to earn passive income and staking rewards with your Aion investment as outlined below.
Run a Validator Node
- How to stake AION?
The easiest way to stake AION is by delegating your tokens / staking rights to a Validator who runs the infrastructure for creating new blocks and confirming transactions.
Delegating can be done within the official Unity Staking Interface with a single-click operation.
- Which metrics do the rewards depend on?
The individual AION rewards depends on the Block Reward, Block Time, Daily Network Rewards and Total Staked.
Every block one validator is randomly selected to create a block, whereas 1 staked or delegated token counts as one “lottery ticket”. The selected validator has the right to create a new block and broadcast them to the network. The Validator then receives the 50% of the block reward and the fees of all transactions (network rewards) successfully included in this block, whereas the PoW Miner receives the other 50%.
In our Staking Calculator you can play with the above mentioned metrics to understand the dynamics and create all kinds of reward scenarios.
- Is there a risk to stake AION?
Delegating Aion is very safe. The investor is always in control of their private keys and the coins are not transferred to anyone.
The entire staking lifecycle is managed by smart contracts.
Delegating is just like voting, where the voting power is pegged to the number of coins currently held in the address.