GoChain is now giving 50% of all node rewards to $GO stakers, providing a great way for GoChain supporters to earn while holding GO. This was implemented after a recent community vote on GoChain Improvement Proposal 35. GO is the token that powers the GoChain network, you can read more about it here.
How to Stake
Staking is simple, just follow the steps below:
- Head over to https://staking.gochain.io
- Connect your wallet (eg: MetaMask)
- Click Stake
- Choose how much you want to stake and submit the transaction
That’s it!
NOTE: Minimum amount to earn rewards is 50,000 GO
Distributions
Rewards will be distributed daily directly to the staking wallet. No action is required.
Distributions will begin on March 1st or earlier.
Unstaking
To unstake/withdraw your staked GO, just click the unstake button.
