CRO staking rewards will be made exclusive to validators and millions of individual users delegating CRO to validators via DeFi Wallet. It will enable one-click delegation of staking and rewards collection at Mainnet launch with no minimum staking requirements. Mainnet CRO staking rewards on the Crypto.org Chain will be set at ~54% p.a (Note: Estimated Annual Reward was 54% p.a at the writing of this blog).
What is Crypto.com DeFi Wallet?
It is a non-custodial DeFi Wallet that allows you to store, earn and grow your crypto assets. It offers you full control of your crypto assets and private keys. Your private keys are protected by Biometric Authentication Technology and 2-Factor Authentication which provide an extra layer of security for users. With the Crypto.com DeFi Wallet, users can enjoy a full suite of DeFi services in one place.
Crypto.com DeFi Wallet Features:
The core value of the Crypto.com DeFi Wallet is being secure, decentralized, convenient and flexible.
Mainnet CRO Staking – Rewards will be set at ~54% p.a (Note: 54% p.a was set at the time of publishing this blog. It may vary later.)
DeFi Swap – Swap DeFi coins at the best available rate
DeFi Earn – Grow your assets and earn passive income with no minimum terms
WalletConnect – Support WalletConnect, it allows you to connect with DeFi Swap and other DApps in one place.
Secure – Your private keys are encrypted locally on your device with Secure Enclave
ETH & CRO TestNet Support – Perform test transactions on the Testnet blockchain
Mainnet CRO Staking:
CRO Mainnet Staking rewards will be set at mentioned p.a in the network launch phase with an estimated 500M CRO in yearly rewards to be distributed. It will be available only on the DeFi Wallet. It will be given to validators (and millions of individual users delegating CRO to validators via DeFi Wallet) which helps secure the network and participate in the consensus to approve blocks and validate transactions.
- After you installed Crypto.com DeFi Wallet and took the backup on your seed. OPEN the app and click on EARN tab at bottom and select the CRO token (if you staking CRO) and follow the instructions. You are all set !! Happy Staking !!!!
Referral Code: ksrduwbf48