Where to Stake NEAR Protocol?
With the news that NEAR Protocol has raised $350 million in a funding round led by Tiger Global, people cannot wait to search for a new opportunity on NEAR Protocol. Some may choose to stake NEAR to earn a profit. The guide will try to tell you everything about NEAR Staking, including where and how to stake NEAR protocol. What Is NEAR Protocol? NEAR is an open-source and decentralized development platform. It is a sharded, proof-of-stake, layer-one blockchain that is simple to use, secure and scalable. NEAR is the native token of the NEAR Protocol. It can be used to store data on the platform as well as for transaction fees. NEAR owners may also use tokens for staking. This allows them to become transaction validators and contribute to network consensus. How Much Can I Earn When Staking NEAR? The amount of staking rewards one can earn is proportionate to the total amount of tokens staked to the Network. For example, if there are 1000 total tokens staked and you have staked 100 of the