Home Altcoins News Zilliqa (ZIL) Clarifies Staking and Liquidity in its Circular Economy

Zilliqa (ZIL) Clarifies Staking and Liquidity in its Circular Economy

Zilliqa Zil Staking

For those who are looking to get some clarity on Staking and Liquidity Mining, Zilliqa points to a 101 Staking Vs. Liquidity Mining lesson. Those starting out, know that both channels – when used wisely and considering risks can increase holdings.

It is possible to enjoy simplified staking via Zillion by staking through the elegant and user friendly Zillion Portal, which is the first of its kind in the blockchain world.

For clarity, Staking is the process by which the decentralization process in the network will move on to a whole new level adding to benefits in the wider community.  Staking will help manage Zilliqa seed nodes to the ecosystem of miners, token holders, and developers and therefore creates more utility for $ZIL.

Staking enables strategic partnerships with exchanges and wallets and users will be able to enjoy options to achieve annual returns of 6% or more with non-custodial staking returns on their investments while they HODL them.

Staking in Zilliqa is a method to fuel its circular economy.  Users get an incentive to stake and HODL ZIL over the long term to enjoy the benefits when the ecosystem gains value.  The rewards are provided to ZIL HODLers to delegate their tokens and stake.

While more people stake and reinvest in their ecosystem and more of the projects join, their Open Finance (OpFi) infrastructure all of these will be powered up making use of ZIL as the medium of exchange and liquidity incentive. Thus the usage of the platform improves. Permitting for a sustainable circular economy.

Users can get to know the trusted seed node operators to choose whom they might like to stake with.

Zilliqa (ZIL) Liquidity Mining

By adding liquidity, users will be able to earn 0.3% of all the trades on pairs which are proportional to the share of the pool.  Also, the earned fees will be added to the pool claimable by removing the liquidity. Users will be able to add remove and create pool and further select tokens to swap versus registered tokens.

Users can earn yield on their tokens by depositing them in the token pools.  The yield comes from trading fees and rewards.  This can be done in a peer-to-peer marketplace.  Those who invest will be rewarded for their capital contribution which will provide for liquidity in the market.

These are just the basics which newbies would want to know, there are lot of other interesting things happening in the ZIL community.  Lot of developer tasks hot and happening.


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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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