ZenStake
Staking in ZenStake is a way for users to invest their cryptocurrencies and receive rewards in return. In staking, users hold their cryptocurrencies in a specific wallet that supports this functionality and helps maintain the decentralized network.
We use the Proof of Stake (PoS) consensus mechanism, as opposed to the Proof of Work (PoW) consensus mechanism used in Bitcoin. In PoS, validators (or stakers) lock up a specific amount of cryptocurrency as collateral to ensure they follow the rules of the network. In return, they receive a portion of the block rewards generated by the network.
Some of the benefits of staking with ZenStake include:
An example:
Suppose a user has 1000 tokens of KATZEN2.0. The PoS network requires the user to lock up at least 500 tokens as collateral to become a validator. In return, the user receives an annual reward of 365% in units of the same cryptocurrency [$KATZEN2.0]. If the cryptocurrency's price increases during the staking period, the user can earn additional gains.
Referral Program
ZenStake offers a referral program that allows users to earn 5% from each successful referral using their referral link. Some benefits of this program include:
Additional incentives: Katzenomics 2.0 offers other incentives besides the referral program. For example, users can earn rewards for holding their cryptocurrencies in specific wallets, which can incentivize token retention and increase token value stability.
Staking Fee Distribution
Development
3%
Reference Gain
5%
Investor Gain - Day
5%
Investor Gain - Month
30%
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