CoinMetro's FLUX Staking Program offers long-term sustainable, secure, and easy-to-use passive income opportunities for all users!
Together with the Flux Network team, CoinMetro has built a unique platform that enables anyone to participate in FLUX Staking. All it takes is a minimum of 500 FLUX and a few clicks to start earning a passive income!
What is FLUX?
FLUX is the native cryptocurrency of the Flux Network, a decentralized computing cloud service/blockchain-as-a-service solution with a growing ecosystem around it. Together with Zelcore, CoinMetro is bringing DeFi to the masses!
You can read more about Flux Network on our Help Center article here.
Network participants, or 'stakers', contribute resources to the network and in return are paid for their contribution. To participate, locking of FLUX is required. The more FLUX locked, the higher the rewards!
You can find more information on Flux Network and FluxNodes on the official CoinMetro blog here!
How to stake FLUX on CoinMetro
With at least 500 FLUX available in your CoinMetro account, you can open a staking plan with the click of a button. FLUX can be bought and sold in the CoinMetro Exchange, or deposited to your account from an external FLUX wallet!
You can open a staking plan by simply selecting Get Started. If you do not have 500 FLUX available, you will be prompted with a pop-up to buy FLUX.
You will then need to choose how many FLUX you would like to stake, and for how long. The longer you stake for, the higher the rewards will be!
Once you are ready, simply press Confirm to start staking FLUX!
The APR for FLUX Staking is as follows:
1 month - 9.0% APR
3 months - 10.5% APR
6 months - 12.0% APR
1 year - 13.5% APR
FLUX Staking plans are flexible, which means even when the plan reaches the closing date, you will continue to earn rewards until your plan is manually closed.
Please note, the APR for staking is variable. Please ensure you have thoroughly read the Flux Node Program Agreement before confirming your plan.
Claiming your rewards
The rewards for staking FLUX are accumulated daily! By clicking Cash Out Now, the pending rewards are moved to your available wallet balances, with a matching entry in your transaction history.
Ending a staking plan
You can end your staking plan by simply pressing the Close button. Ending your staking plan early comes with a penalty. 50% of the total paid rewards for the plan will be deducted from your staked FLUX. A confirmation popup will display the penalty applied before you choose to confirm.
Congratulations, you're now earning a passive income with us!