PIVX is a privacy-focused Cryptocurrency. The market cap is $25,404,209 and the 24h volume is $1,155,931.
PIVX blockchain consensus is achieved via Proof of Stake + Masternodes. Investors can leverage their crypto via staking or operating masternodes. Currently there are 2 options to earn passive income and staking rewards with your PIVX investment as outlined below.
Run a Masternode
- How to stake Pivx?
To stake PIVX coins it is recommended to run the official Pivx Core wallet with an entire copy of the blockchain on your Computer or a Virtual Private Server (VPS).
Inside the wallet you can decide to stake your PIVX coins, your zerocoins or run a masternode.
To get the highest possible rewards, please make sure to stay online 24/7 and keep the wallet unlocked for staking only.
- Which network metrics do the rewards depend on?
The individual BitBay rewards depends on the Block Reward, Block Time 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 block reward and the fees of all transactions successfully included in this block.
In our Staking Calculator you can play with the above mentioned metrics to understand the dynamics and create all kinds of reward scenarios.
- How is the Block Reward distributed?
5 PIV are shared between Masternodes & Stakers.
The individual reward depends on, if the node, who creates the new block, is staking PIV or staking zPIV.
If a PIV staker finds a block: 3 PIV to masternodes, 2 PIV to staker
If a zPIV staker finds a block: 2 PIV to masternodes, 3 zPIV to staker
- Who receives the Daily Network Rewards?
No one. All Transaction Fees as well as the zPIV minting fees are burnt immediately.
- Is there a risk to stake Pivx?
Staking PIVX is safe as long you protect your private keys. There is no risk of slashing.