Staking means locking your coins to support the network, secure transactions, and earn rewards over time. In return for your contribution, you receive staking rewards in the form of newly created PIVX
There are 2 types of staking: 🔥 Hot Staking and ❄️ Cold Staking.
Cold Staking setup in MyPIVXWallet – just a few clicks
Currently, each block gives 4 PIVX to stakers. Since one block is created every minute, there are ~1,410 opportunities per day to earn staking rewards.
Period | Total Blocks | Reward per Block | Total Staking Rewards |
---|---|---|---|
Day | 1,410 | 4 PIVX | 5,640 PIVX |
Week | 9,870 | 4 PIVX | 39,480 PIVX |
Month (30d) | 42,300 | 4 PIVX | 169,200 PIVX |
Year (365d) | 514,500 | 4 PIVX | 2,059,600 PIVX |
ℹ️ The PIVX staking rate fluctuates constantly depending on how many coins are being staked.
⚡ With staking, compound interest applies – but at the same time staking rates may decline. These effects can balance each other, but not necessarily.