Staking is an important aspect of the nominated proof-of-stake consensus mechanism, which defines which blocks get written to the chain as well as the roles, rules, and incentives of Bitmarket.
Staking secures the network by aligning the economic incentives of node operators and stakers with the correct operation of the chain.
Stakers can be any Token holder whose identity has been verified through a customer due diligence process.
On Bitmarket, node operators and stakers work together, with stakers helping node operators increase their chance of receiving rewards from validating blocks.
Stakers back node operators of their choice with Bitmarket to be rewarded depending on the node operator’s performance running their node. Staked Bitmarket can also be used to signal support in Polymesh governance.
Set the amount of tokens to stake select the node operator you want to stake.
Stake Bitmarket on node operators to increase your chance of receiving rewards.
Set the amount of tokens to stake select the node operator you want to stake.