Staking
Everything you need to know about Staking on MANTRA Zone
Introduction
Staking is a fundamental aspect of the MANTRA Chain, serving as the backbone of its Proof of Stake (PoS) consensus mechanism and ensuring the network's security, decentralization, and stability. In a PoS blockchain like MANTRA, validators are responsible for proposing and validating new blocks, and they must stake a certain amount of the native token, $OM, as collateral to participate in this process. Staking is essential because it aligns the interests of validators with the health of the network; validators are incentivized to act honestly to earn rewards, while those who engage in malicious behavior risk losing their staked $OM.
What is Staking?
$OM Staking in MANTRA Zone gives crypto users the opportunity to actively participate in the network's security and stability. By staking your $OM coins, you can delegate them to trusted validators, supporting the network while earning $OM rewards in return. The process is straightforward and accessible, ensuring that anyone can easily stake their coins and benefit from the rewards, all while supporting a more decentralized and secure ecosystem.
Start Staking $OM today and earn rewards!
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