WAVES Staking is a transfer of WAVES assets to pool owners to earn a percentage of the payouts as a further reward from mining and also with the goal of improving the stability and security of the network.
WAVES assets are not actually being transferred to another account, they remain on the sender's balance, however, they are 'frozen' and cannot participate in the buying and selling operations, as well as they cannot be sent to another account.
At any time, the sender can 'unfreeze' assets by invoking the Cancel transaction.
The assets transferred to the staking provide the staking recipient with a greater chance of mining another block.
Usually, WAVES begin to work less than 17 hours after they are staked.
Canceled staking will not be paid. Active stakers will get they generated rewards. Canceled stakes in that period of time will be kept for us and will be used to cover our current services expenses and futures. This would affect long-term staking. However, if you have to cancel your staking, it is recommended to cancel after a payout.
Waves is a multi-purpose blockchain platform which supports various use cases including decentralized applications (DApps) and smart contracts.
Launched in June 2016 following one of the cryptocurrency industry’s earliest initial coin offerings (ICO), Waves initially set out to improve on the first blockchain platforms by increasing speed, utility and user-friendliness.
The platform has undergone various changes and added new spin-off features to build on its original design.
Waves’ native token is WAVES, an uncapped supply token used for standard payments such as block rewards.
There is no minimum staking amount, if your payment amount is too small, you may not be generated a reward. We recommend staking at least 10+ WAVES per address.
*Need more answers to your questions, check out at Help page
It's simple, just in 3 steps
Check "Enter Manually"
Enter the recipient address:
Enter and the amount of WAVES to stake
Hit the “Stake Waves” button
*You use Waves.Exchange mobile APP ?
Here Steps how to do it from Waves.Exchange mobile APP
We will send you Waves every week directly to your address.