In the first place, WAXP is a cryptocurrency with a limited supply of coins. Also, the project has launched an innovative decentralized network that targets the e-commerce sector. Moreover, the team built a blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is meant to be fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain's usability in e-commerce and encourage voting on guilds and proposals.
To date, WAX has created a suite of blockchain-based tools upon which dApps, marketplaces, and native non-fungible tokens (NFTs) are built. These tools include services to support e-commerce operations such as the WAX Cloud Wallet, SSO and OAUTH, a native RNG service, and a developer portal.
How to earn Passive Income with WAX
Users of the network can earn WAXP dividends by locking coins up as collateral for a certain period. Staking WAXP coins goes as follows:
1. Acquire WAXP tokens at a cryptocurrency exchange
3. Fund the newly created WAX wallet by clicking 'Add WAX'
4. Give the number of WAX tokens and click 'Stake' button
$0.10(-9.54%)24h
4.31%Annual yield
Ranking: 124
WAX(WAXP)
$0.10(-9.54%)24h
4.31%Annual yield
In the first place, WAXP is a cryptocurrency with a limited supply of coins. Also, the project has launched an innovative decentralized network that targets the e-commerce sector. Moreover, the team built a blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is meant to be fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain's usability in e-commerce and encourage voting on guilds and proposals.
To date, WAX has created a suite of blockchain-based tools upon which dApps, marketplaces, and native non-fungible tokens (NFTs) are built. These tools include services to support e-commerce operations such as the WAX Cloud Wallet, SSO and OAUTH, a native RNG service, and a developer portal.
How to earn Passive Income with WAX
Users of the network can earn WAXP dividends by locking coins up as collateral for a certain period. Staking WAXP coins goes as follows:
1. Acquire WAXP tokens at a cryptocurrency exchange
3. Fund the newly created WAX wallet by clicking 'Add WAX'
4. Give the number of WAX tokens and click 'Stake' button
Ranking: 124
WAX Dividends Calculator: How much passive income($) is possible with staking?
Calculate your WAX earnings in the tables below and see what your profits will be on a daily, weekly, monthly, and annual bases. Also, you have the possibility to see your earnings based upon the number of dollars invested vs the rewards of a given number of tokens.