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Why do we need to stake MCO Tokens? How do you guys benefit from this?
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Victor
02 Mar 2020
Marketing at StraitsX
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Pascal S
28 Feb 2020
MBA Graduate at Singapore Management University
Bumping this question as I am curious too
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Hi there!
User cryptocurrencies with crypto.com go into cold storage. (offline)
For more information: https://crypto.com/en/security.html
crypto.com has other financial products available, like Crypto Credit and Invest, having these other products in tandem enable us to offer interest under Crypto Earn.
Staking can create upward pressure on the price of token due to the temporary reduction in the supply of crypto.
For a comprehensive and technical read, check out crypto.com university;
https://crypto.com/en/university/article.html?c...