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IOTA
$1.21 11.14%
MIOTA · 2w

Staking IOTA - explained in 10 seconds

Staking IOTA isn't technically staking. All it does is the following: 1. By clicking 'stake' you send the amount of IOTA you wish to 'stake' back to yourself (same address), with a message added to it that says "I want to stake" 2. The SMR network looks for every address that has this message and airdrops 1 SMR for every 1 MiOTA every 10 seconds. 3. After 90 days, the IOTA-staking ends and the Shimmer network is released. You can then stake your SMR-tokens on the new network, but you don't have to do anything with your IOTA anymore.
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