Nexus is a universal blockchain to support decentralization, innovative applications and responsible values. The market cap is $12,273,827 and the 24h volume is $119,810.
Nexus blockchain consensus is achieved via Proof of Stake + Proof of Work. Investors can leverage their crypto via staking. Currently there is 1 option to earn passive income and staking rewards with your Nexus investment as outlined below.
- How to stake Nexus (NXS)?
To stake NXS coins it is recommended to run the Nexus Core wallet with an entire copy of the blockchain on your Computer or a Virtual Private Server (VPS).
Inside the wallet you can easily enable staking with a single click.
To get the highest possible rewards, please make sure to stay online 24/7 and keep the wallet unlocked for staking only.
- How much can i earn staking Nexus (NXS)?
Any staker can earn a minimum reward rate of 0.5%. The reward rate i gradually increasing if you are able to increase your trust within the network.
Trust is accrued by receiving a regular reward every 72 hours. If you are consistently accruing trust over 1 year, then your annual reward rate peaks at 3%.
- What are the requirements to stake Nexus (NXS)?
It is possible to stake with any amount of NXS.
However, to grow your stake rate and reach the maximum of 3.0%, your node must find a Proof of Stake block at least every 72 hours.
Please see the recommended minimum above to get the reward around every 72 hours.
- Is there any risk to stake Nexus (NXS)?
Staking Nexus is safe as long as you protect your login credentials and recovery phrase. With signature chains, keys are one-time use and no private keys are stored locally.