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How does Staking work?

If a cryptocurrency you own allows staking you can “stake” some of your holdings and earn a percentage-rate reward over time.

The reason your crypto earns rewards while staked is because the blockchain puts it to work. Cryptocurrencies that allow staking use a “consensus mechanism” called Proof of Stake, which is the way they ensure that all transactions are verified and secured without a bank or payment processor in the middle. Your crypto, if you choose to stake it, becomes part of that process.

On a very practical level, staking just means keeping funds in a suitable wallet on Originex. Originex supports more than 15 cryptos including the top 15 coins by market capital. This enables essentially anyone to perform various network functions in return for staking rewards. It may also include adding funds to a staking pool, which we’ll cover shortly.

Flexible Staking

Due to the lack of public awareness and complicated and non-intuitive user interfaces the DeFi projects have not been fully adopted.

This is why Originex introduced DeFi staking to help users to participate in related decentralized projects. Originex offers the highest flexible staking APR in the market at the moment.

Features

Originex Flexible Staking allows the following:

  • Transfer the funds from their wallets to the staking pool.
  • Receive daily staking profit based on APR.
  • Transfer back the staking capital and interest at any time to the main wallet.

Fixed Staking

You will always receive the highest return when you lock for the longest period available for that specific currency and this you find under the tab locked period days.

In addition, you can find the minimum locked amount for each coin and the unlock period for each coin.

Features

Originex Fixed Staking allows the following:

  • Originex offers the highest fixed staking APR in the market.
  • The amount will be locked up for a period of time as per the selection (This could be ranging from 10 days to 180 days lockup)
  • Higher APR compared to Flexible Staking

Cryptos We Support