“Gain Higher Rewards with Aptos Blockchain’s New Delegated Staking Feature”

2023-04-23 06:06:53

The Aptos blockchain has announced the launch of a new staking feature recently, which will allow users to gain much more rewards. According to this, they do not have to act as validators during the execution of transactions in order to collect fees.

The purpose of the innovation of the first layer (Layer 1) blockchain is to make staking on your network even more efficient. It was published on Thursday, April 20 in their blog post the information was explained in detail.

A feature called ‘delegated staking’ allows users to receive staking rewards without having to run nodes. At the same time, this also means that the amount of the blockchain’s own token, or APT, used for staking is reduced. Thanks to this, at the time of writing, only 11 APT (regarding $115) are needed to stake tokens.

“Delegated staking ensures that token holders will remain the sole holders of the APT tokens in their wallets. They do not need to resort to any off-chain process to aggregate assets”read the statement.

Thanks to the new function, users can use the help of trusted validators who do the staking for them. In this way, holders can profit by tying up their cryptos for a predetermined period of time. And they can do all this without having to use special equipment or pay a fee to validate a blockchain transaction.

Anyone who wants to try Aptos’ novelty during staking can do so in the Aptos Explorer or at the blockchain partners, Pontem Network or Nodes Guru interfaces.

Incidentally, the blockchain in question started operating in October 2022 and has since become quite popular in the sector.

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