Komodo is a one-stop Blockchain Solution. The market cap is $68,563,267 and the 24h volume is $2,372,806.
Komodo blockchain consensus is achieved via Adaptive Proof of Work. Investors can leverage their crypto via automatic reward distribution. Currently there is 1 option to earn passive income and staking rewards with your Komodo investment as outlined below.
- How to stake Komodo (KMD)?
Too receive the reward, the only condition is holding your KMD in a Komodo Wallet and make at least one transaction per month.
It is not necessary to actively stake or run a node.
- Which network metrics do the rewards depend on?
Komodo holders generate a fixed 5% KMD annually until the supply is capped at 200M KMD.
- Is there a risk to stake ?
Staking Komodo is safe as long you protect your private keys. There is no risk of slashing.