What is Staking?
Mary Cervantes
Last Update 3 jaar geleden
Staking refers to committing or “putting down” a specific amount of your Wellnio tokens when you enroll in the Challenge.
Staking serves as a basis based on which your earnings (and penalties!) are calculated.
Staking also serves as a very important motivation driver. By staking, you literally have your skin in the game. The more tokens you stake, the more new Wellnio tokens you can earn through reward – or lose through penalties.
Due to the very early stage of the Wellnio project and technical limitations, it is currently not possible to set your own stake, and define how many Wellnio tokens you want to stake.
For now and until we announce otherwise, all members have the same default stake. In the near future, you will be able to set your stake by yourself.
- The current default stake for members on a yearly subscription is 1,000 tokens.
- The current default stake for members on a monthly subscription is 190 tokens for members.
Note: You can never stake more tokens than the number of tokens in your balance.