WAX Blockchain Tutorial🎓 - Voting for Block Producers and Claiming Rewards

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hive-167922·@parttimeeconon·4 years ago

0.000 HBD

WAX Blockchain Tutorial🎓 - Voting for Block Producers and Claiming Rewards

https://www.youtube.com/watch?v=ukMr10hMMJU

The WAX blockchain requires users to stake WAX tokens in order to carry out transactions, but did you know that once you have staked WAX tokens, you can easily use them to vote for WAX block producers and earn a bit of passive cryptocurrency income? In this post, I will describe how to stake/vote on WAX as well as how to claim you rewards and some things to be aware of. 

Timestamps
00:00 Introduction
00:30 Staking vs Voting
02:55 Voting Process
07:30 Estimated APY
09:00 Claiming Rewards
11:30 Conclusion

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