Idena Quadratic Staking - Is It Worth It?
Does it make sense to use the Quadratic staking in Idena and run an Idena node to earn more iDNA?
Download the Idena Node app 👉 https://www.idena.io/guide#guide-inst...
Idena staking calculator: https://www.idena.io/staking?amount=1000
Idena FAQ: https://www.idena.io/faq
How much of your staked iDNA can get burnt: https://docs.idena.io/docs/iip/iip-4
Exchanges that support iDNA:
BitMart 👉 https://bit.ly/3S3RWfT
ProBit 👉 https://bit.ly/3T7YCdz
Hotbit 👉 https://www.hotbit.io/
qTrade 👉 https://qtrade.io/
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In this video, we're going to take a closer look at Idena's quadratic staking, which is the way to incentivise users to lock up iDNA and run Idena Node app instead of just using the web app.
Unlike crypto staking in other projects, there are a few unique aspects to Idena quadratic staking that you should consider and that I'm going to explain in this video.
If you don't want to watch this entire "Idena Quadratic Staking - Is It Worth It?" video, you can use the timestamps below to jump to the chapter you are most interested in:
00:00 Intro
00:26 Disclaimer
01:09 What is Idena quadratic staking?
01:34 How much rewards you can expect to get for staking iDNA?
01:58 What are staking rewards and mining rewards in Idena?
02:36 Do I have to run an Idena node to get rewards for quadratic staking in Idena?
02:50 What is Idena's quadratic staking APY?
03:06 Brief summary about the Idena quadratic staking
03:59 Where can I download the Idena node?
04:26 How does the APY on Idena's quadratic staking change?
04:57 What is the difference between the Idena quadratic staking and regular staking?
05:21 Why can't I remove my staking?
06:06 How to create an Idena identity?
06:24 Do I have to participate in the recurring Idena validation events?
06:46 When can I start staking my iDNA?
07:01 What exchanges support iDNA?
07:36 How to stake iDNA?
07:59 Will I get my Idena staking rewards if I fail a validation?
08:55 Conclusion: is Idena quadratic staking worth it?
Idena is the first Proof-of-Person blockchain that provides users with a crypto identity and rewards users with iDNA coins for participating in validation events and submitting flips to the network.
Besides validation events, users can also run Idena nodes to further improve the decentralization of the entire Idena blockchain.
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