Harmony staking one1aagrkq9vg49jm5xx22fvm4leg0lt48qeupexvu
Stake ONE with Everstake, your trusted staking provider
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Delegating step by step
Why delegate Harmony to Everstake validator?
By delegating your ONE tokens to Everstake you get rewards for your stake increasing the amount of cryptocurrency that you have as opposed to simply holding it with a desire to sell it once the market offers a higher price. Furthermore, active network participants increase the decentralization of the network, making it more stable and robust against different attacks. Running your own node validator not only requires high-end hardware, stable and fast internet connection, well-maintained software but also it takes deep technical knowledge related to node deployment process and maintenance. Our highly-experienced technical team supports the infrastructure that you can rely on without the need to deploy your own node for staking operations.
How to delegate Harmony tokens to Everstake?
Considering the fact that new networks may have not many solutions available on the market that allow staking right from a user-friendly wallet, we recommend referring to our step-by-step guide related to ONE staking where you will find complete information on this topic. By the way, in case you can’t get everything up and running you can always request support via our Telegram group .
In simple words, Harmony staking can be compared to a bank deposit, where you delegate your Harmony tokens to a particular network validator to empower the network decentralization, security, and performance. For this initiative, the network rewards individuals that staked their ONE tokens.
It’s very important to mention that staking doesn’t mean that you are actually sending your tokens to another address, instead your Harmony gets locked up by the network until you decide to unfreeze it later on for personal usage. Once it’s locked, the cryptocurrency can’t be used for any other purpose, except staking that you will be getting rewards for.