SysCoin is a decentralized Marketplace. The market cap is $24,924,006 and the 24h volume is $563,336.
SysCoin blockchain consensus is achieved via Proof of Work + Masternodes. Investors can leverage their crypto via . Currently there is 1 option to earn passive income and staking rewards with your SysCoin investment as outlined below.
Run a Masternode
- How to stake SysCoin (SYS)?
To run a SysCoin Masternode it is recommended to run the official SysCoin Core wallet with an entire copy of the blockchain on your Computer or a Virtual Private Server (VPS).
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 SysCoin 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 to maximize the rewards?
Every 4 month period in the lifespan of a single masternode will result in a 3% increase in the reward for that masternode.
A maximum reward bonus of 27% is possible if the masternode is operational for 3 or more years.
- Is there a risk to stake SysCoin?
Staking SysCoin is safe as long you protect your private keys. There is no risk of slashing.