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eCash Staking 2023 [Staking Rewards]

How to Stake eCash (XEC) in 2023? 17.90% Staking Rewards after Update [Nov 15]

Staking Rewards Avalanche incentives, powered by BlueGold Staking Rewards strengthen the network by incentivizing honest nodes. Each additional coin staked makes the network more invulnerable to attacks.

Staking Rewards also fuels eCash’s economic engine, allowing XEC holders to earn passive income, incentivizing holding, and supporting the price by reducing available supply.

The network upgrade only affects full nodes. Other eCash software, including wallets such as eCash wallet are not affected by the network upgrade.

With eCash staking, users lock-in or “stake” XEC on the blockchain to earn validator privileges to help secure the network, earning rewards in the process. You’re probably wondering exactly how to stake eCash. Well, there are three main ways to stake XEC: solo staking, pooled staking, and staking as a service.

The easiest and safest way to solo-stake is the official eCash wallet. The wallet allows you to earn rewards of 17.90% for any number of coins. Supports auto-compounding.

1. Log in to your eCash wallet — https://xecwallet.org

2. Go to the “Staking’” tab.

2. Pooled staking

Like staking as a service, pooled staking assigns the operations of a validator node to a third-party service provider, which can be done with a small amount of XEC.

3. Staking as a Service

Staking as a service refers to third-party service providers that run and maintain validator nodes on your behalf.

XEC is not an ERC-20 token, it is its own blockchain similar to Bitcoin (BTC).