What is GMCoin Staking?
Posted on : 22 Jul, 2021 | Last Update - 4 months ago
GMCoin staking is the process of locking up GMC holdings in order to obtain rewards and earn interest. GMCoin is based on the most innovative blockchain technology Tron Network.
It may be helpful to think of GMCoin staking as similar to depositing cash in a savings account. The depositor earns interest on their money while it’s in the bank, as a reward from the bank, who uses the money for other purposes (lending, etc.). Staking coins is, then, similar to earning interest.
GMCoin fully supports staking technology with secured Smart Contract platforms.
GMCoin holders can earn interest from our official Staking Platform: https://gmc.gm-informatics.com/stake
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