Icon (ICX) price for today $0.98
Market capitalization $645,851,124
Price movement in the last 24 hours
POS return of investment yearly 19.05 %
24-hour trading volume $48,278,762.43.
POS return of investment montly 1.58 %
ICX to stake : 0.00 ICX ($0.00)
Yearly Earning : 0.00 ICX ($0.00)
Monthly Earning : 0.00 ICX ($0.00)
Weekly Earning : 0.00 ICX ($0.00)
Daily Earning : 0.00 ICX ($0.00)
To start staking ICON coins you will have to install the ICON wallet. At first glance, the functionality of the Proof of Stake is a little more complicated than the Proof of Work. A certain number of coins are held on the blockchain or in the network and stored on a wallet. Hence the term stake, which means stack in German. If there is now a transaction, this amount will be unlocked. The transaction can now be validated by each user over the entirety of the shares, thus maximizing the security of the entire network. In return for this work, the user receives the amount held. In the classic financial market, the concept is comparable to interest rates.