• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Ripple CTO Steps Down, Accepts New Offer – What You Need To Know
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Ripple CTO Steps Down, Accepts New Offer – What You Need To Know

CoinEx Smart Chain (CSC) | On-chain Staking Rewards Explained

Bitcoinist
by Bitcoinist
3 years ago
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Crypto staking rewards

Thanks to its high yields, crypto staking, a way to earn passive income, has quickly become popular with crypto holders. Staking is a process in which nodes stake their tokens and create blocks to participate in the maintenance of the blockchain network. In addition, the rewards a node receives from the network are often proportional to the amount of cryptocurrency it staked.

Some PoS blockchains, such as CSC, even allow anyone to participate in this process. On such chains, participants can engage in staking via on-chain validators as long as they can put up enough funds.

Earn passive income via staking

Speaking of passive income, we first think of depositing our savings. Most banks offer such accounts, with a fixed deposit rate. However, no matter where you are or which portfolio you choose, even higher-yielding savings accounts can only reach 2%-3% in terms of APR.

In comparison, staking typically generates returns of over 5%. Although this figure might differ from the ultimate profit, the yield of crypto staking is normally higher than that of savings accounts.

How do we stake cryptos?

To begin with, to stake our cryptos, we first need to pick a PoS public chain like CSC. The PoS consensus provides users with a new way to earn steady returns. It delegates native assets to staking nodes, which allows stakers to earn 5%+ APR on average.

CSC is a public chain developed by CoinEx Exchange. Based on the PoS consensus protocol, this EVM-compatible chain strives to build an efficient, decentralized financial system. The PoS consensus of CSC explains the “staking” abovementioned. Proof of Stake (PoS) is one of the two main ways for blockchains to reach a consensus. In the blockchain world, consensus refers to self-validation. After a transaction is sent to a blockchain network, the nodes will verify the transaction to make sure that the user initiating the transaction has enough tokens or does not bring damage to the network.

CSC allows anyone to join the chain and stake cryptos. On CSC, all CET holders can stake their tokens and become stakers via CSC validators. Moreover, anyone can stake CET to become a validator. The chain is designed to accommodate 101 validators, who are required to stake at least 10,000 CET.

Check out the CSC validators at: https://www.coinex.net/validator

The revenue of CSC validators is mainly derived from two sources: 1) block reward, and 2) fees incurred by transactions contained in blocks. On this decentralized public chain, all transaction fees are distributed to validators. In addition, CSC offers additional rewards to validators for block generation.

At the moment, CSC features 65 validators, and there are still many places available as the cap is 101. Additionally, users whose CET holding is below 10,000 can also earn staking rewards by joining an existing validator. Here, it should be noted that CSC rewards are distributed to validators, instead of the regular stakers. Therefore, if you plan to earn rewards by joining an existing validator, then you must negotiate how the rewards will be distributed with the validator to facilitate offline distribution after it received the CSC rewards.

If you feel that negotiating with validators is way too troublesome, you may also engage in staking in IFPool, an application based on CSC. With IFPool, CSC’s first stake mining pool, even beginners can vote for CSC validators and stake their CET holding directly through MetaMask. In IFPool, staking generates returns for each share of iCET obtained, and users can claim the returns when withdrawing their CET. Through this pool, retail users can directly stake CET in their wallets to earn passive income, which is an easier, more convenient, and less limited approach compared to staking CET through CSC validators.

Stake cryptos at: https://ifpool.io/

Furthermore, the iCET earned through staking can be used in other CSC-powered DeFi projects, such as WaterLoan. On CSC, stakers may invest their iCET to earn additional profits.

Crypto staking used to involve an extremely complicated process, but it has been significantly simplified over the years. For instance, CSC has improved the user experience and streamlined the staking process via staking DApps. Right now, staking cryptos is as easy as creating wallets: users can start staking simply by clicking on one or two buttons after depositing the required cryptos into a wallet. After completing the staking settings, users will receive regular rewards proportional to their staking amount. In other words, the more tokens a user stakes, the higher yields he will make. With staking, crypto users can easily earn passive income.

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Bitcoinist

Bitcoinist

Follow

Bitcoinist is the ultimate news and review site for the crypto currency community!

Full Profile

Related Posts

New Derivatives Product from MEXC Combines Inclusive Trading and Earning Opportunities

New Derivatives Product from MEXC Combines Inclusive Trading and Earning Opportunities

2 weeks ago
MEXC Rolls Out Multi-Asset Margin Mode for Futures Trading Across 14 Tokens

MEXC Rolls Out Multi-Asset Margin Mode for Futures Trading Across 14 Tokens

3 weeks ago
How to Survive the Boring Breakthrough That Could Cost Banks Billions

How to Survive the Boring Breakthrough That Could Cost Banks Billions

3 weeks ago
Roger Ver on AI in Crypto and What It Means for His Altcoin Outlook

Roger Ver on AI in Crypto and What It Means for His Altcoin Outlook

3 weeks ago
Toobit Joins Solana APEX – Singapore as Titan Sponsor

Toobit Joins Solana APEX – Singapore as Titan Sponsor

3 weeks ago
crypto

Crypto Within Reach: Why a Local, Regulated Exchange Matters

4 weeks ago
Please login to join discussion

Premium Sponsors

Press Releases

  • ตัวละคร Snorter ขนฟูโต้คลื่นบนเซิร์ฟบอร์ดสีชมพู

    จับตา Uptober!...

    14 hours ago
  • Tapzi Delivers Strategy-Based Web3 Gaming, Setting It Up As One of 2025’s Best New Crypto.

    Tapzi Delivers Strategy-Based Web3 Gaming, Setting It Up As...

    19 hours ago
  • най-добрите криптовалути

    Най-добрите криптовалути за...

    2 days ago
  • As the Tapzi Fundraiser Continues to Generate Buzz, Could It Be One of This Year’s Best Crypto Presales?

    As the Tapzi Fundraiser Continues to Generate Buzz, Could...

    2 days ago
  • 距離上線僅剩3周:Snorter代幣ICO融資突破 415...

    3 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.