NEM is a smart Asset Blockchain for Enterprise. The market cap is $391,737,986 and the 24h volume is $7,149,185.
NEM blockchain consensus is achieved via Proof of Importance. Investors can leverage their crypto via harvesting. Currently there are 2 options to earn passive income and staking rewards with your NEM investment as outlined below.
Run a Supernode
- How to stake NEM (XEM)?
While staking NEM you can decide to delegate NEM to a remote node, harvest NEM from the official wallet or run a Supernode.
- What is NEM Harvesting?
To harvest NEM coins it is recommended to run the official NEM Core wallet with an entire copy of the blockchain on your Computer or a Virtual Private Server (VPS).
To get the highest possible rewards, please make sure to stay online 24/7 and keep the wallet unlocked for staking only.
- How to delegate NEM?
Delegating NEM can be done inside the wallet with a single click. Your computer can go offline after that.
- What are NEM Supernodes?
Supernodes are high performance blockchain nodes which form the backbone of the NEM blockchain network. Accounts with 3,000,000 or more XEM can operate a supernode, either from a local computer or from a cloud-hosted server. Supernodes are required to be up and running 24 hours per day, processing all transactions.
- Which network metrics do the rewards depend on?
The individual NEM harvesting rewards depends on the Daily Network Rewards and Total Staked.
Every block one staker is randomly selected whereas 1 staked coin counts as one “lottery ticket”. The selected staker has the right to create a new block and broadcast it to the network. He then receives the the fees of all transactions successfully included in this block.
The current additional reward for Supernodes is 140,000 XEM per day.
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 NEM?
Staking NEM is safe as long you protect your private keys. There is no risk of slashing.