Komodo staking on Guarda is now available. Users can even calculate how they would when they start staking KMD.
Komodo is an open technology workshop and educational hub. Over the years, Komodo’s multi-chain architecture overcomes the challenges faced by other smart-contract platforms.
The philosophy behind Komodo’s multi-chain architecture relies on four pillars.
What is Komodo Staking?
Any Komodo address holding a value greater than 10 KMD is eligible to claim KMD Rewards. To encourage active users, the rewards will stop accruing 1 month after a transaction. So claiming your reward at least once a month is recommended. If the reward is claimed at least once a month, the total reward adds up to 5.1% in a year.
How to Stake Komodo (KMD)?
- You need to have at least 10 KMD on your Guarda wallet in order to begin staking.
- Your funds have to come from another wallet which enables the Komodo claim.
- You need to wait for roughly 75 minutes while your rewards begin accruing. Only after this period passes will the Claim option appear in your wallet.
BRIEF INFORMATION ABOUT GUARDA WALLET
Guarda allows users to store coins and tokens in one secure multicurrency crypto wallet. Easily receive, send, hold, buy & exchange, and stake crypto. Bitcoin, Dogecoin, Cardano, Ethereum, Bitcoin Cash, BSV, Classic, Litecoin, Tron, Ripple, Binance Coin, Polkadot, BEP2, TRC10, TRC20, as well as ERC20, tokens, and many other altcoins – all in one lightweight, a user-friendly app with adjustable fees.
Guarda Wallet functionality opens the gate to a brand new financial system that you are in charge of. Also available on Web, Desktop, and Chrome extension versions which can interact with all decentralized applications (dapp) that can be effortlessly synchronized between each other. This allows you to access all your funds and manage them regardless of the app or device you are using.
ABOUT Guarda Wallet
Guarda Wallet is non-custodial cryptocurrency storage, that supports the most popular coins and their tokens including BTC, BCH, BSV, ETH, NFTs, and Ethereum-based tokens (ERC20, ERC721), ETC, ZEC, LTC, XRP, NEO, EOS, DASH, and the others.
ABOUT Komodo Platform
Komodo’s blockchain technology enables developers to create fully independent blockchains in a secure and highly competitive environment.
Guarda Staking Guide