💰$WEBAI Staking
The $WebAI token has a unique staking system designed to incentivize investors and help increase the value of the $WebAI cryptocurrency. Staking is a process that rewards token holders for their contribution in helping maintain the network by storing digital assets in a special wallet or address. You may stake WebAI tokens through our custom developed platform.
By staking your digital assets, your rewards are determined by the size of your contributions and the length of time you hold them. The more coins you stake, as well as how long you keep them staked, will determine how much reward you receive. This reward system offers users an easy way to generate additional income while making their investments more secure.
There are two main types of staking available: cold and hot staking. Cold staking requires users to store WebAI tokens in an offline cold storage wallet where it is secure from malicious actors and external threats but still be able to earn rewards; Hot Staking, which is used by WebAI project, involves storing tokens in online wallets that are connected to full nodes which make it easier for regular users to access network resources, however earnings from this type of staking may be lower than Cold Staking.
Regardless of which type of staking you choose to pursue; by holding onto your WebAI tokens and actively participating in maintaining the network, you can benefit both directly and indirectly from increased security as well as increased earning potential. STAKING POOLS Tier 1 - 150% APY, lock period 30 days. Deposit fee 0% Tier 2 - 100% APY, lock period 20 days. Deposit fee 3% Tier 3 - 50% APY, lock period 10 days, Deposit fee 5% ALL TIERS HAVE EARLY WITHDRAWAL FEE OF 5%! Taxes go back to filling staking pools.
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