Cudos staking
- 1. Sign up as a Validator. But first, you’ll need to be whitelisted by sharing your metamask wallet address with us by either: Completing the validator form in the Cudos staking portal, contacting us via this link, letting us know in Telegram CUDOSSTAKING PLATFORM Choose which Validator to use for staking but keep in mind that their fees may vary. Simply visit wallet.cudos.org to stake your CUDOS tokens on- chain and start earning rewards immediately as a Delegator. Get rewards distributed to you each block if you have a stake and claim anytime by submitting a transaction. All transactions cost gas so you’ll need some Ethereum (ETH) to use the Staking portal. However, staking via this portal will allow you to easily migrate your tokens to the Cudos native chain once live CUDOS smart contracts allow you to stake ERC20 CUDOS tokens on Ethereum as a Validator or Delegator to earn staking rewards starting from an estimated 30% APY (Annual Percentage Yield). STAKINGREWARDS WALLET VALIDATORSELECTION PROXIMITY The CUDOS token serves well-defined utility purposes. These include network governance and operations, a staking mechanism for receiving blockchain and cloud workloads and a medium of exchange (MoE