Staking is the best way to maximize your holdings that are otherwise sitting in your wallet! NWC user and holder satisfaction is our utmost priority at NewsCrypto – in this spirit we are rewarding users that decide to stake NWC tokens. You can stake either on the platform or on the NewsCrypto mobile app, and the terms outlined below are the same for both options.
Disclaimer: The minimal amount of NWC required for staking in each tier is periodically adjusted based on the market price of NWC, while the staking APR will remain constant. Note that, if you stake NWC and the minimum amount subsequently goes above your staked amount, this will not affect you and you will still receive the same reward at the end of the staking period. It is not possible to un stake coins before the staking period expires.
Subscriptions will be awarded immediately (2 - 3 minutes) after entering the staking period. NWC reward will be awarded just before staking duration finishes.
You can stake any amount from 10,000 NWC onward that you have on your Newscrypto balance via the staking button that could be found in your profile. Put in the amount of NWC tokens you want to stake and choose the wanted duration. After these 2 parameters are chosen click confirm. Your subscription will be unlocked in a few minutes.
NOTE: After NWC tokens are staked, the chosen amount will be locked and you will be unable to manipulate with them for the duration of staking.
Joe decides to stake 20 000 NWC tokens for 3 months and locks tokens on 1.1.2021. On 1.4.2020, Joe will get 21 200 NWC tokens on his platform balance (20 000 tokens that he staked + 1 200 NWC tokens as a reward for lockup)Joe will also get a free 3 month NewsCrypto Advanced subscription on the day he started staking
If you have any additional questions regarding the holders event please do not hesitate to contact us on [email protected] or on our official telegram chat.
Thank you again for your support.