Staking is a way to grow your crypto by making it available for network validation. With SportStake, you stake Polkadot (DOT) and receive daily staking rewards, while 5% of the proceeds automatically go to your favorite sports club."

What is Proof of Stake?

Proof of Stake is a way to keep cryptocurrencies secure. Instead of powerful computers solving puzzles (like with Bitcoin), it involves people "locking up" their coins in the network.

Staking

Staking means locking up your cryptocurrencies for a period of time. It's like putting them in a savings account. You can't spend them, but they work for you.

Staking Rewards

When you lock up your coins, you receive rewards. These are new coins you get as a thank you for helping keep the network secure. It's like earning interest on your cryptocurrencies.

Validators

Validators are people who have special computers to make the network function. They verify all transactions and group them into blocks. To become a validator, you need to have a lot of coins that are staked.

Nominators

Not everyone can be a validator because you need many coins. That's why as a nominator, you can "lend" your coins to a validator you trust. You're then also helping the network and get a portion of the rewards.

Commission of a Staking Pool

A staking pool is a group of people staking together. The validator managing the pool usually takes a small percentage of all rewards as commission. For example, if the rewards are 10% per year and the commission is 5%, you get 9.5% and the validator keeps 0.5%.

This way, everyone works together to keep the network secure, and everyone profits from it!

SportStake uses the Polkadot blockchain, one of the most secure and transparent networks in the world. You have full ownership of your coins and rewards, without intermediaries or hidden fees.

Your staking rewards are credited to your account daily, and you can withdraw them at any time via the SportStake app.

A unstaking periode is 28 days.

Yes!

With SportStake you can easily support your son or daughter's local club. As long as the club is registered with SportStake, you can select it in the app and 5% of your staking reward will automatically go to the club. This helps to fund new facilities, equipment or youth programs, without it costing you anything extra.

No, the SportStake app is simple and easy to use, even if you have no experience with crypto. In just a few clicks, you can invest, track your returns, and cash out your rewards. 🚀⚽

You can easily buy DOT via the SportStake app with your preferred payment method.

After that, you can start staking and earning returns right away!

SportStake uses the Polkadot blockchain, one of the most secure and transparent networks in the world. You have full ownership of your coins and rewards, without intermediaries or hidden fees.

Staking is a way to grow your crypto by making it available for network validation. With SportStake, you stake Polkadot (DOT) and receive daily staking rewards, while 5% of the proceeds automatically go to your favorite sports club."

What is Proof of Stake?

Proof of Stake is a way to keep cryptocurrencies secure. Instead of powerful computers solving puzzles (like with Bitcoin), it involves people "locking up" their coins in the network.

Staking

Staking means locking up your cryptocurrencies for a period of time. It's like putting them in a savings account. You can't spend them, but they work for you.

Staking Rewards

When you lock up your coins, you receive rewards. These are new coins you get as a thank you for helping keep the network secure. It's like earning interest on your cryptocurrencies.

Validators

Validators are people who have special computers to make the network function. They verify all transactions and group them into blocks. To become a validator, you need to have a lot of coins that are staked.

Nominators

Not everyone can be a validator because you need many coins. That's why as a nominator, you can "lend" your coins to a validator you trust. You're then also helping the network and get a portion of the rewards.

Commission of a Staking Pool

A staking pool is a group of people staking together. The validator managing the pool usually takes a small percentage of all rewards as commission. For example, if the rewards are 10% per year and the commission is 5%, you get 9.5% and the validator keeps 0.5%.

This way, everyone works together to keep the network secure, and everyone profits from it!

The minimum deposit to start staking at SportStake is 2 DOT.

This makes it accessible and accessible for everyone who wants to invest and support their favorite sports club at the same time!

At SportStake you get 11% annual staking rewards in DOT, which is higher than many other platforms. This means your investment grows daily without you having to do anything extra!

Yes! SportStake uses the Polkadot blockchain, one of the safest and most stable networks.

In addition, you always manage your coins and wallet yourself, without the intervention of third parties.

Simple!

Download the SportStake app, follow the steps to create your wallet and choose a secure password. Within minutes you are ready to invest and support your favorite club!

As a non-custodial wallet, the passphrase is the key to your wallet, and only you have access to it.

Make sure you store it safely, for example in a password manager. Lost it? Unfortunately, SportStake cannot recover your password, so be extra careful!

No, currently SportStake supports one wallet per account.

This keeps everything clear and simple, without the hassle of multiple wallets or addresses. 🚀

You can stop staking at any time, but Polkadot has an unstake period of approximately 28 days. This means that after that period, your tokens are freely available to use or sell again.

You can easily buy DOT via the SportStake app with your preferred payment method.

After that, you can start staking and earning returns right away!

Yes, Polkadot is one of the most secure blockchains in the world, thanks to advanced cryptography and a highly decentralized network.

In addition, with SportStake you manage your own coins and wallet, giving you full control.

When you stake DOT, you help the Polkadot network process and secure transactions.

In return, you receive daily staking rewards, which earn you returns without having to trade any additionally.

Polkadot is an innovative blockchain that securely connects different networks.

SportStake chooses Polkadot because it is safe, transparent and sustainable, with low transaction fees and a stable staking reward of 11%.