How Staking Work

1. What is Staking?

• Staking involves locking up a certain amount of digital assets for a specific period to earn rewards.

2. Benefits of Staking:

• Earn additional rewards on top of your existing holdings.

How to Stake?

1. Choosing your Staking duration:

• 3-day Stake: Earn +2% rewards.
• 7-day Stake: Earn +7% rewards.
• 14-day Stake: Earn +20% rewards.

2. Initiating Staking:

• Select your preferred staking duration.
• Enter the amount of W-Coin you wish to stake.
• Confirm your selection and click the "Stake" button to initiate the process.

3. Waiting for completion:

• Allow the staking period to elapse according to your chosen duration.
• During this time, your staked W-Coin will be locked and inaccessible for other purposes.

4. Collecting rewards:

• At the end of the staking period, your rewards will be automatically calculated and ready to claim.
• You can withdraw your initial staked amount along with the earned rewards at any time after the staking period ends.

Frequently Asked Questions

• Can I unstake my W-Coin before the staking period ends?
  No, the W-Coins you entered into the staking function will only be available after the time period you have chosen has completed.
  
• Is there a risk involved in staking?
  Staking typically carries lower risk compared to other investment methods, but it's essential to understand the terms and conditions of the staking program.
• Can I stake multiple times simultaneously?
  Yes, you can stake multiple times (up to 3 at the same time) with different durations and amounts, depending on the platform's policies.

Conclusion

• Staking offers a straightforward way to earn additional rewards on your W-Coin holdings.
• By following this guide, you can effectively navigate the staking process and maximize your rewards potential.

Happy staking!