Currently, on the SMART VALOR platform, you can stake the following cryptocurrencies:
VALOR
Kyber Network KNC
Dash DASH
Ethereum (ETH)
Will there be more currencies available in the future?
Yes, we plan on adding more currencies for staking in the future.
Are there any limits to the amount I can stake?
Yes, there is a minimum and maximum amount you can stake for each token. These limits are the following for each currency:
| Minimum amount | Maximum amount | |
|---|---|---|
| VALOR | 1 VALOR | 50 000 VALOR |
| DASH | 1 DASH | 250 DASH |
| KNC | 100 KNC | 60 000 KNC |
| ETH | 0.01 ETH | 1 000 ETH |
Is there any minimum staking period?
Yes, this information is provided when staking funds. Some currencies like VALOR have multiple options to select from. Here are the current minimum staking periods:
| VALOR | 180 Days / 365 Days |
| DASH | 30 Days |
| KNC | 30 Days |
| ETH | Locked (see below) |
N.B. If you choose to stake your ETH, your ETH will be pledged for staking and will become locked on the
Ethereum protocol until Phase 1.5 of the Ethereum network upgrade is completed. Smart Valor has no control
over the duration or end date for the lockup period, which will ultimately be determined by the success of the
update to the Ethereum network. Unlike other staking services provided through Smart Valor, you will be
unable to opt-out of ETH staking once you’ve staked your ETH. Smart Valor will not refund or replace any
ETH you wish to unstake. You will not be able to trade, transfer or otherwise access your staked ETH or ETH
staking rewards during the lockup period.