What are the benefits of staking ZIL?

1 answers

• Dec 18, 2021 · 3 years ago
  Staking ZIL can be highly beneficial for investors. By staking their ZIL tokens, they can earn passive income in the form of additional ZIL tokens. This can provide a steady stream of rewards and potentially increase the overall value of their investment. Additionally, staking ZIL gives investors voting rights and the ability to participate in the governance of the Zilliqa network. This allows them to have a say in important decisions and contribute to the development of the ecosystem. Staking ZIL also helps to secure the network and maintain its decentralization, which is crucial for its long-term success. Overall, staking ZIL offers a range of benefits for investors looking to maximize their returns and actively participate in the Zilliqa community.
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