Staking Services on NYYU
At NYYU, we offer comprehensive staking services that allow users to earn rewards by participating in the network's consensus mechanism. By staking your digital assets, you contribute to the security and efficiency of the network while earning passive income.
What is Staking?
Staking involves locking up your digital assets to support the operations of a blockchain network. In return, you earn rewards based on the amount staked and the network's overall performance.
How It Works
- Choose Your Asset: Select a digital asset that supports staking on the NYYU platform.
- Lock Your Assets: Commit your assets to the staking pool for a specified period.
- Earn Rewards: Receive rewards based on the staking duration and network performance.
Benefits of Staking
- Earn Passive Income: Generate income from your idle digital assets.
- Support the Network: Contribute to the stability and security of the blockchain network.
- Flexible Terms: Choose from various staking periods to suit your investment strategy.
Staking Rewards
| Asset | Annual Yield (%) |
|---|---|
| NYYU Token | 8% |
| Ethereum (ETH) | 5% |
| Bitcoin (BTC) | 4% |
How to Stake
- Log in to Your Account: Access your NYYU account.
- Select Staking: Navigate to the staking section.
- Choose Asset and Amount: Select the asset you wish to stake and the amount.
- Confirm and Stake: Confirm your selection and start earning rewards.