⚖️Staking

What is staking?

Staking refers to the act of depositing mamo, NFT, resource assets, etc. to activate the validator software. As a validator, you will be responsible for storing data, processing transactions, and adding new blocks to the #blockchain. This will keep matmo safe for everyone and earn you new mamo tokens in the process.

Actions that help the network reach consensus will be rewarded. You get rewarded for just running software that correctly packs transactions into new blocks and checks the work of other validators.

Stakers don’t need power-hungry computers to participate in the proof-of-stake system, they just need a home computer or smartphone. This will make Ethereum greener.

During the migration to the mainnet, if you want to pledge mamo, please obtain Matmo tokens first. According to the definition of the agreement and web3 framework content, mamo adopts current pledge, and you can get rewards by holding mamo. matmo has higher execution efficiency, but It's much more than that.