What is Staking?
Staking is usually understood as an “interest” on held tokens. The more tokens you hold the higher the “interest”. However, this is not a classic interest in the form of securities. The “interest” is paid out in the form of tokens.
Staking of Nuco.cloud (NCDT)
The following exchanges now offer staking of our NCDT tokens:
Tokens that are held and blocked on the wallets there will earn 15% interest per year through the exchanges. This interest is paid directly by the exchanges, not by nuco.cloud. To receive the staking, at least 100 tokens must be blocked on the exchanges for at least 90 days.
If you lock 1000 NCDT for 90 days, you will get 37 NCDT as rewards.
Explanations and how to get the staking you can get here:
Minimum Amount: 100 NCDT
Minimum Holding period to get staking: 90 days
Interest Rate: 15% APY
This is not an activity of nuco.cloud. It is done by the exchanges…