OMG Network (OMG) price for today $8.60
Market capitalization $1,207,004,668
Price movement in the last 24 hours
POS return of investment yearly 0.30 %
24-hour trading volume $406,748,845.29.
POS return of investment montly 0.03 %
OMG to stake : 0.00 OMG ($0.00)
Yearly Earning : 0.00 OMG ($0.00)
Monthly Earning : 0.00 OMG ($0.00)
Weekly Earning : 0.00 OMG ($0.00)
Daily Earning : 0.0000 OMG ($0.0000)
While Ethereum uses Proof-of-Work miners to use graphics cards, OMG transaction verifiers use the Proof-of-Stake consensus. Proof of Stake (PoS) requires a validator to "stake" their tokens in order to validate: essentially, put their tokens in a security deposit. If they validate actively and honestly they are rewarded; if they behave dishonestly they lose tokens.