Tag: algorand staking

Dec 08 2021

How To Earn Rewards Holding $ALGO In Ledger NANO X

The Algorand network allows users to earn rewards simply by holding the $ALGO token in their wallets. Token stored in the ledger are also counted and are eligible for rewards. Therefore, users must have a minimum of 1 $ALGO in their account, and they can earn a reward with a 5%-6% APY. Algorand ($ALGO) is based on a pure proof-of-stake (PPoS) protocol that...

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