Staking is a way of participating in the AdEx Network ecosystem, while simultaneously earning generous rewards.
Explained in simple terms, staking is the process of locking a certain amount of ADX tokens in order to increase the trustworthiness of the validators in the platform. Validators are appointed for each side of the advertising campaign (i.e. both the advertiser and the publisher nominate an a validator) and that’s a required condition for a campaign on AdEx to run. The more tokens stake, the stronger the reliability guarantees of the validator network.
Effectively, staking allows for AdEx users to have governance over validators, thus enabling better transparency, reliability and decentralization of the entire process.
In order to participate in staking and get rewards, you are required to lock up a certain amount of tokens, i.e. create an ADX bond in the AdEx staking portal. Each bond has a minimum duration of 30 days and cannot be unbonded before these 30 days have passed.
Staking is a great way of making your cryptocurrency “work” for you and bring you passive income. Right now, our stakers earn both DAI and ADX rewards.