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XDC Network Staking
XDC Network (XDC) staking data is not available on Staking Rewards. You can still convert token prices, estimate your rewards and explore reward options for similar proof-of-stake assets.Learn more about XDC Network Staking
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What is XDC Network (XinFin)?
XDC Network is an enterprise-ready hybrid Blockchain technology company optimized for international trade and finance. The XDC Network is powered by the native coin called XDC. The XDC protocol is architected to support smart contracts, 2000TPS, 2seconds transaction time, KYC to Masternodes (Validator Nodes).
The XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS), with the intending to create a ‘highly-scalable, secure, permission, and commercial grade’ blockchain network.
XinFin mainnet token XDC and also creates an opportunity to utilize the XinFin’s real-world use-cases such as TradeFinex.org, helps small and medium businesses or institutions originate their own financial requirements in a digital, fully structured manner so that they can distribute them to the bank or non-bank funders themselves using a common distribution standard.
How to Stake XDC?
The XDC token is the underlying utility token that powers XinFin’s Hybrid Blockchain. The XDC token acts as a settlement mechanism for DApps built on the XinFin Hybrid Blockchain.
To date, use cases built around XinFin’s XDC utility token are: MyContract, TradeFinex, Kramaa, Land Registry, iFactor, Blockdegree and TurantPay.
For more information on wallets and apps that may allow for staking visit the XDC Utility Page.
Any risks to Staking XCD?
There are many risks including validator selection, performance, and behavior. The validator could face slashing risks for misbehaving.
Other risks include the relatively small ecosystem and bad reviews associated with their Mobile XDC Wallet.