What is Staking?

Staking is the process of locking and holding funds in a cryptocurrency wallet to support the operations of a blockchain network. When you stake your crypto, you make the underlying blockchain of that asset more secure and more efficient. And in exchange, you get rewarded with more assets from the network.For more information please refer to the following section for staking: https://smartvalor.com/en/staking

Is there any minimum staking period?
For VALOR: You can either choose 6 months or 12 months of staking. Currently SMART VALOR does not offer any other option.   For DASH: There is a min...
Mon, 7 Sep, 2020 at 3:07 PM
Do I have to pay fees?
Smart Valor will not charge any fees for staking. Our philosophy is simple - we want users to earn the most they can get - and all rewards we receive will b...
Mon, 7 Sep, 2020 at 3:07 PM
Can I participate in the votings if I stake at SMART VALOR?
SMART VALOR is participating in the KyberDAO or the DASH DAO voting on behalf of the users to ensure that rewards are being received. The team is looking in...
Mon, 7 Sep, 2020 at 3:07 PM
How is the staking reward calculated?
There is a 24-hour “wait” period before balances are accounted for during our daily snapshots to minimize balance manipulation. After that, your rewards are...
Mon, 7 Sep, 2020 at 3:07 PM
How to calculate APR?
The annual percentage rate is determined by the blockchain protocol itself, all rewards we receive will be shared with our users. The blockchain networks se...
Mon, 7 Sep, 2020 at 3:07 PM
How can I redeem my stake?
In order to actively stake an asset on the blockchain and optimize the returns for our customers, every staked asset is subject to a small lockup period. Af...
Mon, 7 Sep, 2020 at 3:07 PM
Will Smart Valor add more products?
Currently, we support the Staking of VALOR and DASH with more cryptocurrency to come very soon.
Mon, 7 Sep, 2020 at 3:07 PM
What does staking mean for Kyber Network and where do the rewards come from?
Unlike other proof-of-stake coins where the staking comes from inflation (newly generated tokens) at Kyber Network Crystal (KNC) the staking rewards come fr...
Mon, 7 Sep, 2020 at 3:07 PM
When and how are the rewards distributed for Kyber Staking?
The rewards are distributed in the week (within 3 days) after each Epoch to the Ether wallets of the SMART VALOR users that staked they KNC during the full ...
Mon, 7 Sep, 2020 at 3:07 PM
Am I able to trade the crypto asset while staking?
No, in order to actively stake an asset on the blockchain the stake has to be locked. The exact lockup period varies. We keep it at a minimum whilst also av...
Mon, 7 Sep, 2020 at 3:07 PM