DeepOnion staking made simple

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·@paoad·
0.000 HBD
DeepOnion staking made simple
![DeepOnion staking.jpg](https://steemitimages.com/DQmf8fnEWpzXBvSK9eH3ebxheknfFLTZT9naRSqQcKV9LQW/DeepOnion%20staking.jpg)

In my previous articles, I have talked you about the [DeepOnion](https://deeponion.org) project and how it is considerably undervalued. If you want to know more about this project, you can also check my previous [articles](https://steemit.com/@paoad).

In this article I am going to talk you about DeepOnion staking and its **10% reward.**

## The Basics
 
Before talking about staking, let’s start with the basics.

First of all, DeepOnion is a hybrid **POS** (Proof of Stake) and **PoW** (Proof of Work) private coin. 

### What does POS (Proof of Stake) and PoW (Proof of Work) mean ?
I found a good explanation on GitHub about PoS and PoW which I am sharing  with you :

*« In proof of work (PoW) based public blockchains (e.g. Bitcoin), the algorithm rewards participants who solve cryptographic puzzles in order to validate transactions and create new blocks (i.e. mining). 
In PoS-based public blockchains, a set of validators take turns proposing and voting  on the next block, and the weight of each validator's vote depends on the weight of its deposit."*

So, a Proof of Stake  system requires the user to show ownership of a certain amount of units, or $onions in our case. 
The creator of the new block is chosen based on his **weight.**

Weight calculation is based on the amount of coins (you own) plus the maturity time that user (or better wallet) has on the network.

**In simple words :**
*Weight = $onions in your wallet + the time that your wallet is online on staking mode*

The more coins you have and the more time that your wallet is online on *« Staking mode »*, the more weight you have, and the more possibilities to stake.  As simple as that !

### The DeepOnion staking reward

The DeepOnion algorithm rewards the users who stake with :

-Up to 10% of their $onions during the first year
-Up to 5% of their $onions during the second year
-Up to 1%  of their $onions afterwards

### How can I stake?

All you need to is to open your DeepOnion wallet, to unlock it and check the box *"For staking only"*. 
That’s all. From that moment staking mode is activated and all you need to do is to wait for your rewards (stakes). 

You don’t need to have a powerful PC or a mining rig , you just need to have a normal PC or a laptop or even a Raspberry Pi on staking mode as many hours as possible. 

If you like my article, don't hesitate to hit the like button and leave me your feedback.
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