Kyve
The KYVE Network is revolutionizing customized access to on- and off-chain data by providing fast and easy tooling for decentralized data validation, immutability, and retrieval.
CRYPTECH fees: 5%
- Daily
0.00 KYVE
- Monthly
0.00 KYVE
- Yearly
0.00 KYVE
Validator address:
kyvevaloper1u3pduq6uk4pe49f407c8xuh0dtqttxeshujydd
How To Stake Kyve
INSTALL THE FORBOLE EXTENSION
Install the Forbole extension in your browser (Chrome, Brave, or FireFox). Next, you need to create a new wallet, or connect an existing one. Don't forget to save your wallet keys in a safe place.
DELEGATE
DSMIn the Forbole extension, click on Delegate, in the next menu enter the number of tokens you want to delegate, click Next.
CONFIRM YOUR DELEGATION
Then, select CrypTech validator, and click Next. In the last menu, check all the specified information and click on Confirm. That's it! You have successfully delegated the voting power of your tokens.
About Kyve
Kyve Engagement Points
In Kyve, you can earn rewards for your promotional activities by earning engagement points. By contributing to the project, you can earn rewards that you can use as you see fit.
Kyve Project review
In this presentation, we discuss the key concepts behind the Kyve project. Proof-of-Engagement, Engagement Points, Oversight Community - after watching our video you will understand what these terms are :)
Frequently Asked Questions
↗ What is staking?
Staking is a substitute for mining, it allows users to get cryptocurrency without resorting to complex mathematical calculations. The meaning of such activity is to maintain the operation of the blockchain and the processes taking place inside it. For stimulating the network performance, the system issues a reward.
↘ What is Proof-of-Stake?
This algorithm assumes that the generation of new blocks is carried out not by the node that has done successful computational work, but by the one who owns a certain share of the cryptocurrency from its total number. For each new block that the validator created, a reward will be received.
↘ What it costs to you?
The costs depend on the network and the amount of cryptocurrency you stake.
↘ How to keep your assets safe?
Always use trusted wallets and enable two-factor authentication.
↘ Disclaimer
Staking involves risks, and returns are not guaranteed.
