HOW TO STAKE YOUR SANDO ?
Earn rewards while securing SANDO
Staking is a public good for the SANDO ecosystem. Any user with any amount of SANDO can help secure the network and earn rewards in the process.
SANDO Staking
What is Staking?
Staking is the act of locking up SANDO Tokens to give you the right to participate in block proposals on the network. Anyone who holds even a small amount of SANDO Tokens can consider staking.
What is Liquidity?
Liquidity refers to the efficiency or ease with which an asset or security can be converted into ready cash without affecting its market price. The most liquid asset of all is cash itself.
Liquidity refers to the ease with which an asset or security, can be converted into ready cash without affecting its market price.
- Cash is the most liquid of assets, while tangible items are less liquid. The two main types of liquidity include market liquidity and accounting liquidity.
- Current, quick and cash ratios are most commonly used to measure liquidity.
What is Market Price?
The market price is the current price at which an asset or service can be bought or sold. The market price of an asset or service is determined by the forces of supply and demand. The price at which quantity supplied equals quantity demanded is the market price.
Why Stake your SANDO?
SANDO staking comes with more responsibility, but provides you with maximum control over your funds and staking setup.
Earn rewards
Rewards are given for actions that help the network reach consensus. You'll receive rewards for running software that correctly batches transactions into new blocks and verifies the work of other validators because that's what keeps the chain running securely.
Better security
The network gets stronger against attacks as more SANDO is staked, as it then requires more SANDO to control a majority of the network. To become a threat, you would need to hold the majority of validators, which means you'd need to control the majority of SANDO in the system–that's a lot!
More sustainable
Stakers do not need energy-intensive computers to participate in a proof-of-stake system. They need just a home computer, laptop, or smartphone, which makes SANDO a more environmentally friendly option.
How to Stake your SANDO?
It all depends on how much you are willing to stake. Please select an amount that is best for you.
SANDO Staking
It all depends on how much you are willing to stake. Please select an amount that is best for you.
Stake SANDO Today !
It all depends on how much you are willing to stake. Please select an amount that is best for you.
