Step by Step Guide to IQ Protocol Staking Basics
==========

IQ Protocol staking involves locking up IQT for a specified period to earn rewards and secure the network. Stakers process transactions, store information, and add blocks to the IQ Protocol blockchain. Staking is part of the transition from proof-of-work to proof-of-stake consensus. Staking offers passive income, network security, and energy efficiency. Staking options include solo staking, staking-as-a-service, or joining a staking pool. Consider factors like security, reputation, fees, APRs, and customer support when choosing a platform. Risks include liquidity risk, slashing, market volatility, technical vulnerabilities, and security concerns. Solo staking requires 32 IQT, while staking pools allow any amount. Potential rewards range from 2.67% annually. The highest yield depends on various factors. Staking IQ Protocol contributes to the growth and development of the technology.



https://medium.com/@yherychikai/step-by-step-guide-to-iq-protocol-staking-basics-f76b80f5ecf6