Loom Network (LOOM) price for today $0.06
Market capitalization $55,410,085
Price movement in the last 24 hours
POS return of investment yearly 16.90 %
24-hour trading volume $5,951,545.25.
POS return of investment montly 1.40 %
LOOM to stake : 0.00 LOOM ($0.00)
Yearly Earning : 0.00 LOOM ($0.00)
Monthly Earning : 0.00 LOOM ($0.00)
Weekly Earning : 0.00 LOOM ($0.00)
Daily Earning : 0.0000 LOOM ($0.0000)
Delegated Proof of Stake, where the actors are the following: (A) Validators: the ones who confirm the transactions and validate the blocks, also depositing a certain amount of LOOM tokens to guarantee their correct behavior. (B) Delegants (also referrable as Stakers): those who deposit a certain amount of LOOMs in the stake of a Validator, increasing its size and therefore its ranking. Deciding to which Validator deposit sums in stakes, is a delicate choice because in the case of his incorrect behavior all tokens would be confiscated, even those of the Delegants.