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Dive into Offline Staking: QTUM rewards

In August, the Qtum blockchain platform developers added the ability to stake tokens and receive rewards using “offline staking”. For more information about what Offline Staking is and how it works, look in our other article “How to stake Qtum( QTUM): a complete guide”. In this article, we will delve deeper into the mechanics of Qtum rewards and talk about how rewards are awarded, how much stakers get, and other important things to know before staking QTUM tokens. Let’s get started

How Qtum rewards work

Qtum staking works offline, which is why it is called offline staking. Instead of tokens, holders delegate only their wallet addresses. The coins themselves remain under the control of the delegating wallet, and may be undelegated or spent at any time.

How often are rewards awarded and how much?

The time to a block reward depends on the amount of QTUM delegated. See the stake calculator for some examples. For example, with the current network weight, the “expected time” to a block reward for 1,000 QTUM is about 20 days, but the block reward could come sooner or later than this and will average 20 days in the long run. The current amount of interest for staking is about 7% per annum.

How to stake QTUM

You have to create a Qtum wallet, top it up and delegate the address, and then start receiving rewards. Please note that if you have multiple QTUM addresses, you need to delegate each of them or transfer all coins to a single address. In our blog we have prepared guides on Qtum staking for various crypto wallets:

What else do QTUM stakers need to know?

The Qtum Protocol has its own features that you should know before you start staking tokens. Let’s list the key points of Qtum staking:

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