ICON (ICX) Staking - All information about ICON staking - DropsEarn
ICON

ICON (ICX)

The ICON project is building one of the largest decentralized networks in the world.

  • Reward: 11.75%
  • Adjusted Reward: 5.75%
  • Compound Reward: 12.47%
  • Adjusted Compound Reward: 6.47%
  • Inflation: 6.00%
  • Lock-Up Period: 11 days
  • Total Staked: 39.35%
  • Price: $0.4033
  • Market Cap: $228,963,910
  • Rank: #61

How to stake ICX

Every ICON holder can stake his ICX tokens with one click in the official wallet.
Stakers receive 3 votes for each token. They can be used to vote for certain Representative Nodes, dApps and Ecosystem Expansion Programs. For each vote they receive 2 – 12% annual rewards. For all 3 votes this will result in a total reward between 6 – 36%

How to run an ICON Public Representative Node

Validators operate Representative Nodes (I-Reps) and the 22 Validators with the most votes get the rights to validate transactions and create new blocks. They are considered Main P-Reps. Another 78 Validators are considered Sub P-Reps. They still receive rewards based on their number of votes, but do create new blocks.
Running an I-Rep Node requires a professional hardware setup and you need to have sufficient funds or votes to be in the Top 100.

Tutorial:

How To Stake ICON