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That pays out 80% of their rewards seems like a 1% weekly increase in TRX holdings. Hitting it with the Present value formula seems like TRX should be 3-4x in its value. Does anybody have insight into staking, if staking pays out that well, and if there is a present day price increase bump for coins that stake?
^ lol EY1 - staking is the core feature in a proof of stake model. I would read up on PoS v. PoW models before investing in any cryptocurrencies.
https://medium.com/@karthik.seshu/cryptocurrency-proof-of-work-vs-proof-of-stake-e1eee1420b10
Trx ♥️
How can one stake trx? Is there a wallet?
After June 26th, yes.
What’s staking?
Thanks