IoTeX is privacy-centric blockchain platform to power the Internet of Trusted Things. The market cap is $34,583,053 and the 24h volume is $2,440,819.
IoTeX blockchain consensus is achieved via Delegated Proof of Stake. Investors can leverage their crypto via voting. Currently there are 3 options to earn passive income and staking rewards with your IoTeX investment as outlined below.
Vote for a Consensus Delegate
Run a Delegate Node
Run a Consensus Delegate Node
- How to stake IoTeX?
IoTex currently has a two-token model, whereas the ERC20-Token is used for voting one of the IoTeX Delegates.
It is a simple one-click process which can be done here via the Metamask Wallet.
The rewards are then paid out to the IoTeX Mainnet Address of your choice.
- Is there a risk to stake IoTeX?
The staking process is totally managed by smart contracts and your funds are 100% safe.
But keep in mind that crypto market keeps fluctuating.