What is Artem Finance?

Artem  Finance is the new of project with a good concept do you know guys there offering a new feature with a community-centric and governance system there will make the defi services and make well in the product, do you know guys holders of ARTT in all platform is integrations and also directions wow that nice. Artem Finance also has a good team to make and build the ecosystem on the platform is very well.

tech on Artem finance is very well because Artem is trustless and also very well in the decentralized network and the ecosystem is well because Artem builds on this notion by allowed in all deployed contract and will verify and also audit. so for all user make the transaction will control and will comfortable in the platform.

Do you know guys Artem have a good product Artem Staking, Liquidity mining, Artem Lending that really excited to see, lets to know about the product of Artem?

What is ARTD staking?

Staking ARTD means that you are holding ARTD to verify transactions and support the network. In exchange for holding ARTD and strengthen the network, you will receive a reward. You can also call it an interest. With ARTD staking you can generate a passive income by holding ARTD. Besides that you receive a reward (in the form of extra ARTD tokens), you can earn extra when the ARTD increases in value. Not all cryptocurrencies support staking. In this article, I will explain everything about the staking process of ARTD.

How does ARTD staking work?

It sounds very simple; just hold some ARTD and receive a reward, but there is a lot more involved. With the Proof-of-Work mechanism, new blocks need to be mined to verify the transactions. With the Proof-of-Stake mechanism, new blocks are produced and verified by staking ARTD coin. This means that you don’t need special computers to solve difficult math problems, what the case is with mining of ARTD. Staking of ARTD is all about how many ARTD coins you are holding. The amount determines your reward. A user who has secured more of ARTD coin is more likely to be chosen as the new block validator.

Besides the fact that with ARTD staking, you provide support and strengthen the network, it also increases scalability.

Do Artem Finance platforms offer the staking of ARTD?

There is more and more platform that offer staking solutions. You usually receive your rewards automatically when you keep your coins in your exchange wallet. Keep in mind that most platform that offers this service charge a small percentage of your profit. By staking on Artem platform you become a member of a very large staking pool.

The only disadvantage is that you do not receive the full profit yourself.

What are the conditions for ARTD staking?

It is important that the blockchain uses the Proof-of-Stake mechanism. The conditions are very clear when you use a staking service.

The following rules apply when you stake individually:

The wallet has to be online 24/7 (unless you use cold staking).

The wallet must support staking.

Usually, ARTD coin has to mature for a couple of days before you receive a staking reward.

There may be a minimum amount.

Different rules apply for each blockchain. It is therefore advisable to find out specifically for each coin which rules apply. 

ARTD Staking rewards

With ARTD staking you will receive a reward. This is usually a fixed percentage per year. The percentage is an indication and could theoretically change. It is possible to receive rewards individually or using a pool. In a pool, multiple coin holders on Artem put their coins together to increase the chance of validating a block. As a result, revenues can also be higher. 

What are the advantages of staking ARTD?

More and more investors are choosing for ARTD staking:

Generate a passive income; holding certain crypto is sufficient to earn extra coins and you don’t have to trade (risky).

Low entry; anyone can join and you don’t need expensive equipment.

Simple and easy to use; the platforms offering staking have made it very easy to get started.

Energy-efficient; staking is better for the environment than mining.

In Conclusion

Artem is a DeFi platform that focuses on providing an autonomous and flexible money market, with a community-centric approach that allows everyone to maximize their profit and at the same time participate in the development of the Artem platform.

This is a DeFi platform built by professionals on a decentralized platform that allows users to be able to transact safely and comfortably without worrying about security. So because of this, Artem deserves to be called "A New Frontier For DeFi Services and Governance System" which not only allows users to use DeFi services but also participates in its government.

OFFICIAL RESOURCES

Artem: https://artem.finance/

ArtDeco: https://artdeco.artem.finance/

Twitter: https://twitter.com/Artem_Protocol

Telegram: https://t.me/ArtemProtocol

Author: Manninman2
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2822438

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