VideoCoin is a video infrastructure network for the blockchain-enabled internet.
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- How to stake VideoCoin
VID token holders may stake today into the VideoCoin Network Genesis Staking Program. The Genesis Staking Program is built to allow users to easily delegate tokens into a VideoCoin Network pool to help enable certain basic network functionalities and earn VID rewards in return.
Delegating VID to a Worker Node is a simple transaction that can be done within minutes and does not require any kind of maintenance.
Visit the official staking dashboard, connect your Metamask, and choose the Provider to delegate to.
- How much can I earn staking VideCoin VID?
In the Genesis Staking Program, Worker Nodes and Delegators get a fixed return of 8% annually in addition to the transaction fees being spent within the network.
- What are the requirements to stake VID?
Minimum stake required is 1 VID.
- Is there any risk to stake VID?
Delegating VID is very safe. The investor keeps control over his private keys and doesn´t send the coins to anyone. Delegating is just like voting, where the voting power is pegged to the number of coins currently held in the address.