Instead of paying a network fee when sending a transaction, you use two resources – CPU and NET. You can stake EOS to increase the amount of CPU and NET which you need to perform actions on the blockchain.
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Step 1.
Open your EOS wallet on Guarda and click 'Staking'.
Step 2.
Enter the amount of CPU and NET that you want to deposit, then click 'Next'
Step 3.
Finally, confirm the information to start earning CPU and NET.
The more you stake into CPU, the more transactions/actions you can do on the blockchain
Required to store data on the blockchain. In order to create an account on the EOS network you must buy RAM to store information about this account.
The amount of information that your transaction takes in a block.
Proof of Stake blockchains allows users to stake coins to receive rewards. One of them is EOS. So you can easily stake your EOS in Guarda Wallet and start earning CPU and NET.
You can stake EOS and earn staking rewards for assisting the network's operation. It is undoubtedly a good option for a passive income.
Staking in EOS is known as 'block producing.' Block Producers run nodes that keep the EOS Mainnet running. EOS token owners can vote for the Block Producers. Only the 21 Block Producers with the most votes can produce blocks.
Guarda allows you to stake crypto in a non-custodial way. It is just as safe as keeping crypto in your wallet. You maintain complete control over your tokens while staked, and you can even unstake your funds at any time.
Proof-of-Stake increases network security. A hacker's attack is only possible if they have 51 percent of all coins. Attempting to hack into the blockchain's PoS algorithm is unprofitable.
Instead of paying a network fee when sending a transaction, you use two resources - CPU and NET. The advantage of these resources is that they are restored within three days. You can stake EOS to increase the amount of CPU and NET.
The main principles of the EOS project are scalability, high speed, flexibility, simplicity, and adaptive UI for developers and users. The key goal of EOS is to create a versatile functional environment that can offer all the available features of smart contracts, reliable hosting for dApps creators, and decentralized storage for corporate solutions.
Guarda is an ultimate solution for modern crypto management. You can do it all from the comfort of one single app. Earn with staking, Purchase, Instantly Exchange at best rates, get crypto loans, add extra security layer with Multisignature, and the list goes on.
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