Staking is the process whereby you hold your purchased cryptocurrency in a wallet for a specific period in expectation of rewards when the stipulated time of staking elapses.
PakCoin have introduced a series of interesting features, and this staking feature seems to be one of the best of the lot. The PAK staking was made possible after the PakCoin Core was upgraded to the 0.16.1 version with the aid of PakStakers platform. The coin staking can be done either online or offline with the online version requiring your device to be running 24/7 plus the presence of high-speed and strong internet connectivity and the offline staking available with the use of PakStakers wallets that can help you with the staking after you send your PAK to PakStakers wallet. It is noteworthy that the uninterrupted online staking provides a better staking reward in comparison to the offline staking.
Some features of the PakStakers platform are:
1. Staking without complications
2. Staking for rewards
3. Free staking without billings
4. Offline staking
PakStakers provide different packages with different benefits that you can subscribe to:
1. REGULAR PACKAGE: when you stake more than 10,000 PAK, you earn 250 PakCoin as Referral Bonus
2. PROFESSIONAL PACKAGE: when you stake more than 23,500 PAK you earn 500 PakCoin Referral Bonus
3. PREMIUM PACKAGE: when you stake more than 53,500 PAK you earn 1,000 PakCoin Referral Bonus
4. ULTIMATE PACKAGE: when you stake more than 93,500 PAK, you earn 1,500 PakCoin Referral Bonus
The introduction of staking facilities is another message of intent from PakCoin that the project is serious and ready to stay for the long haul. It’s also another strategy to ensure that all you need to do in relation to PakCoin stays on platforms related to PakCoin. This shows that the project is providing you all the services needed to stay on the PakCoin platform. There is no need for you to look out to other platforms to satisfy all your needs that relate to PakCoin.