What is the minimum amount required to stake NEAR Protocol?
MatiusJSSep 06, 2022 · 3 years ago3 answers
Can you please tell me the minimum amount of NEAR tokens required for staking on the NEAR Protocol? I am interested in participating in the staking process and want to know the exact amount needed.
3 answers
- moonskyApr 04, 2024 · a year agoTo stake on the NEAR Protocol, you need a minimum of 35 NEAR tokens. This is the minimum requirement set by the protocol to ensure the security and decentralization of the network. By staking your NEAR tokens, you can actively participate in the consensus mechanism and earn rewards for securing the network. So, make sure you have at least 35 NEAR tokens to start staking!
- K.AishwaryaJul 28, 2021 · 4 years agoThe minimum amount required to stake NEAR Protocol is 35 NEAR tokens. This amount is necessary to ensure that participants have a significant stake in the network and are committed to its security and stability. By staking your tokens, you contribute to the consensus process and help secure the network while earning rewards in return. So, if you're planning to stake on NEAR Protocol, make sure you have at least 35 NEAR tokens in your wallet.
- Khalima MadaminjanovaJan 20, 2024 · 2 years agoTo stake on the NEAR Protocol, you'll need a minimum of 35 NEAR tokens. This requirement ensures that participants have a sufficient stake in the network to discourage malicious behavior and maintain the integrity of the consensus mechanism. By staking your tokens, you become an active participant in the network and can earn rewards for your contribution. So, if you're interested in staking on NEAR Protocol, make sure you have at least 35 NEAR tokens available.
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