How to Stake Pundi X?
What is Pundi X?
PundiX is a decentralized platform enabling to buy goods with cryptocurrency in the real world. They have payment terminals at retail outlets, so people can buy something with cryptocurrency and both buyers and sellers are winning on the commission for the deal. All you need to do is to find a seller who has a Pundi XPOS terminal that supports NPXS, BTC, ETH (and ERC-20 tokens), XEM, QTUM (and QRC-20 tokens), ATC, XLM and more other cryptocurrencies.
XPOS is a smart device which is connected to the PundiX Blockchain. It enables the users who don’t have a bank account use the NPXS tokens in their wallets in order to buy goods. The main features of PundiX payment terminal are following:
- Accept cryptocurrencies as payment
- Small and portable
- Cheap and fast
- Open source
- Fast growth and scalability
“Pundi X’s philosophy is not only to build a technologically superior chain, but also one that has real-life application”
How to Stake Pundi X on Atomic?
PundiX is a dividend token. That means you can keep your NPXS and get reward in a decentralized and universal Atomic Wallet that supports all the top Blockchains and other 300+ cryptocurrency assets.
You get 7.316% of your NPXS holdings each month from the Airdrop automatically deposited in the Atomic Wallet. If you have 100’000, you will get 7’316 from Airdrop (7.316% for 2018; 2.11637% for 2019 and 0.88187 for 2020).
A bit about Dividend Tokens
Some of the blockchains have dividend features, NPXS or NEXO, for example — it’s a Dividend Paying Cryptocurrencies. These companies share their profits by distributing dividends among their token owners. Tokens with dividend feature may also have voting rights similar as stocks. Proof of Stake (PoS) can be considered as a form of a dividend concept. Token holders keep their tokens in a supported wallets and receive the rewards for it during the time.
What is Staking?
Staking is a percentage reward from your balance that is stored in your wallet during the time. It’s just means that you hold a cryptocurrency in your wallet for a limited period of time and get rewards for it and the size of the stake depends on the duration of the hold. Staking gives you a guaranteed and predictable source of income, you just need to buy the dividentable asset and hold it in your wallet to get rewards.
Atomic a non-custodial wallet — all private data are stored in an encrypted manner on the end-user device and never leave it, so you money is totally under your control.
Download Atomic Wallet here: https://atomicwallet.io/
Stay tuned and follow us on:
Twitter — https://twitter.com/atomicwallet
Facebook — https://facebook.com/atomicwallet
Join our Telegram chat: https://t.me/atomicwalletchat