Staking
What is "Staking" ?
Generally, crypto staking is a process used to verify cryptocurrency transactions. It involves committing holdings to support a blockchain network and confirm the transactions.
In MyTVchain ecosystem, $MYTV staking allows participants to earn passive income on their holdings.
What are the risks of staking ?
There are lock-up periods. Staking involves locking up your funds for a period of time, and you won't have access to these funds during that period of time.
Volatility. Cryptocurrency is a volatile investment, price swings are commun.
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