Potcoin (POT) Staking | Hashpower Foundation

 cloud miner Potcoin (POT) Staking

You can earn crypto rewards of 3.005% p.a. simply by holding Potcoin (POT).

POT is one of the most trusted digital currencies and can be exchanged 1:1 for USD. Participation is possible with as little as $25.00, and there are no brokerage fees.

Projection of earnings

1 day: 0.00000000 POT
1 month: 0.00000000 POT
1 week: 0.00000000 POT
1 year: 0.00000000 POT

Yearly reward rate

Base rate
3%
Bonus
0.000%
Yearly reward rate: 3.005%
You will receive reward at: -
Staked at: -
* The amount must be more than 56954.99503136 POT

Similar crypto assets

Available for staking are cryptocurrencies that allow you to earn Hashpower Foundation staking rewards.

How Potcoin staking works

"Unlocking the Power of Potcoin Staking: How It Works
For many traders and investors, staking provides an opportunity to earn rewards simply by holding Potcoin. Certain cryptocurrencies, including Potcoin, can be staked. This means you can 'stake' some of your Potcoin holdings and, over time, earn rewards for allowing the blockchain to utilize your Potcoin.
Cryptocurrencies eligible for staking operate on a consensus mechanism called Proof of Stake. This method verifies and secures transactions on the blockchain, involving individuals who have already invested in the blockchain. The exact implementation may vary, but fundamentally, users lock up their cryptocurrency—similar to a deposit—and, in return, have the chance to add a new block to the blockchain. Typically, the odds of being selected to validate the next block are proportional to the amount staked and the duration the user holds their cryptocurrency. In this way, the network rewards those who are most heavily invested. When the selected node successfully validates a block, it receives the staking reward.
In simpler terms, by delegating your Potcoin, you receive additional Potcoin from the network. Staked tokens serve as collateral for the legitimacy of new transactions. If fraudulent transactions are detected, users may lose a portion of their stake (their staked amount gets 'slashed') as a consequence of network penalties."