Stakefish | Stake your crypto with a reliable validator
Stakefish – Discovering a simple method of crypto Staking
The crypto world is bigger than you might think it is. You might not know several things about it even as an experienced trader. Then think about how tough it would be for a beginner to understand the terminologies and the features. And as your trusted guide, we have taken this responsibility to provide you with as many details as possible. Through this article, we aim to educate on the features of staking through a platform called Stakefish.
So, if you are curious enough to learn about a new platform and feature, we recommend you not skip out on this article. Stay rooted till the end and gather all the important information we have here to provide you with. Without taking any more time let us directly begin with the article.
What is the StakeFish platform?
You can access this platform through the official website, it is a blockchain network technology that permits users to use the staking feature on it. The objective of this platform is to provide traders with a platform that lets them connect with the Proof of Stake (PoS) network. Otherwise, the staking procedure through other networks is hard to perform. And looking at the progress of it, we can say that it has been able to achieve its objective to some extent. In other words, the StakeFish platform simplifies the lengthy and tough procedure of crypto staking to the easiest possible form. To achieve this, the platform uses a feature called Validator node setup, through this you can monitor your staked assets and also maintain your portfolio as well.
Working on the StakeFish platform
Now that you have understood the bits and pieces of this unique staking platform, allow us to tell you the exact workings of it. This is important to learn as you will have to go through the same procedure in the future if you decide to use this platform. So, buckle up and read out the points as stated below with full attention and execute them in the same manner as well. We have tried to explain the whole process as simply as it was possible.
Setting up of Validator Node
To fulfill the purpose of validating the transactions, the platform has set up different kinds of validator nodes throughout the blockchain networks. But this platform not only uses these nodes for transaction validation but to secure the network connection as well. This helps traders like you to take part in the mechanism of the consensus procedure as well.
Token Staking
After the validation of the nodes, the platform also facilitates the option for token holders to delegate their nodes to the validator of their choice. As a result, it maintains the transparency between the platform and as well as the users. In other terms, one has the opportunity to part in the security and the decentralization measures of the blockchain.
Distribution of Rewards
Once the staking and the delegation procedure is done on the StakeFish Platform, the token holders are now rightfully eligible for the reward. Though this reward is determined on the basis of your contribution to the blockchain network. Hence, in other words, the simple role of this platform is to take care of all the technical procedures of the staking.
Advantages of the StakeFish
Since we are discussing this staking platform, how can we forget to mention the benefits offered by this? Learning the benefits of a platform before using it is mandatory. This helps one to determine if the platform is worth spending time on or not. So, to help you determine your decision about this platform, we have a list of benefits of this staking platform. Below is the list of the said pros or benefits:
The platform has a good amount of knowledge in the field of staking since it has been in operation from the year 2018. This means that they have a deep understanding of the Proof of Stake network. Therefore, the platform can easily provide you with the best and the valuable guidance, whenever you need it.
The staking procedure or the method offered here is simpler to execute as it uses the technology of the Proof of Stake network on the blockchain.
For validators it has a special facility of the ETH withdrawals on the blockchain network.
It also has a list of high supporting networks, which makes it even more admirable among the users. If you wish to gain more knowledge about this platform then you must visit the official website here https://stake.fish/ and read about networks in detail. This wide range of supported networks helps one to diversify their portfolios.
While navigating on the platform, you will discover that using this platform is pretty simple and easy for people to operate on.
The procedure of 32 ETH staking
Open the official website of the StakeFish.
Set up a new account for yourself.
On the website press the option of ‘Stake 32 ETH’ as shown on the website.
Fill the form as displayed on the screen. Also, enter the appropriate amount of staking.
Select the wallet you would like to connect with it.
Finish your registration form and the KYC completion as well.
Now review all the details filled by you, and take a look at the rewards also.
Confirm your transaction by giving your authorization.
Further monitor your staked assets and rewards on the platform after staking through the website itself.
Wrapping it Up!
Overall, we can say that the StakeFish platform is a must to try platform. You will not find a platform where you will have the opportunity to stake assets this easily. And if this was the first time that you got to know about this platform, we hope that you understood our article. We sincerely hope that you get to experience an unmatchable staking experience through this unique platform designed only for the purpose to facilitate staking.