Qtum has announced a significant update to its offline staking Stake-A-Thon program, highlighting impressive participation metrics and rewards distribution. Below are the key details:
Key Highlights of the Stake-A-Thon Update
Delegation Participation:
In June, 37,302 delegated addresses earned block rewards, accounting for 46.1% of total block rewards distributed.- Demonstrates strong community engagement with Qtum’s proof-of-stake (PoS) mechanism.
- Reward Efficiency:
The smallest winning delegation address staked just 113 QTUM but earned 986,830 block rewards, showcasing the accessibility of Qtum’s offline staking model.
How Qtum Offline Staking Works
Qtum’s offline staking allows users to delegate their QTUM tokens to a staking node without needing to run a full wallet 24/7. Benefits include:
- Energy Efficiency: Reduced computational requirements compared to traditional staking.
- Flexibility: Delegators retain control of their funds while earning rewards.
- Security: Delegated tokens remain in the user’s wallet (no lock-up).
👉 Learn more about Qtum’s staking mechanics
Frequently Asked Questions (FAQs)
1. What is the minimum QTUM required to participate in offline staking?
There’s no strict minimum, but the example above shows rewards earned with just 113 QTUM.
2. How are block rewards calculated?
Rewards depend on the total staked amount and network participation rates. Qtum’s PoS algorithm distributes rewards proportionally.
3. Can I withdraw delegated QTUM anytime?
Yes. Offline staking is non-custodial—you can un-delegate tokens at any time.
4. How often are rewards distributed?
Rewards are generated per validated block and credited to delegators periodically.
Why Qtum’s Model Stands Out
- Decentralization: High delegation numbers (37K+ addresses) reinforce network security.
- Low Barriers: Smallholders can compete effectively for rewards.
👉 Explore Qtum’s ecosystem for staking opportunities
Final Notes
Qtum’s Stake-A-Thon update underscores the viability of its offline staking approach, combining user-friendly mechanics with robust rewards. For crypto investors seeking passive income, Qtum offers a compelling PoS option.
Keywords: Qtum, offline staking, Stake-A-Thon, QTUM rewards, proof-of-stake, delegation, block rewards.
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