IOST is a decentralized Blockchain Network. The market cap is $37,280,482 and the 24h volume is $23,885,107.
IOST blockchain consensus is achieved via Proof of Believability. Investors can participate via voting. Currently there are 2 options to earn passive income and staking rewards with your IOST investment as outlined below.
Vote for a Servinode
Run a Servinode
- How to stake IOST?
For the average user the best way to stake IOST is by voting for one of the Producers (Servi Nodes) in the Network.
50% of all Block and Ecosystem Bonus Rewards are shared with voters.
The Voting is easily done via the IOST Biss Dashboard.
- Which network metrics do the rewards depend on?
The IOST inflation is set at 2% p.a. For the first year there is another ecosystem bonus incentive of additional 2% on top.
Effectively the staking yield always depends on the total number of voting participants.
Less voters = higher rewards. With the above metrics we track the current status only.
- Is there a risk to stake ?
Staking IOST is safe as long you protect your private keys. There is no risk of slashing.
- Can i redeem / change my vote?
If you wish to redeem your votes, it takes 7 days.
After redemption, you can vote again, trade or withdraw.
Note that the distribution of rewards will stop once you initiate the vote redemption process.
- How often can i expect a reward?
The Block / Token Issuance Rewards are paid out daily and the Ecosystem Bonus Rewards are paid out quarterly.