In all blockchain networks, every transaction is validated. There are various consensus mechanisms that networks utilize to do this like Proof of Work (PoW) and Proof of Stake (PoS), which Bitcoin and Ethereum use, respectively.
In all blockchain networks, every transaction is validated. There are various consensus mechanisms that networks utilize to do this like Proof of Work (PoW) and Proof of Stake (PoS), which Bitcoin and Ethereum use, respectively. While PoW validates the transactions in a process called mining, PoS, on the other hand, performs several variations and hybrid models to do this.
To put it simply, we will call these mechanisms “crypto coin staking” wherein currency holders are given the right and power to decide on a particular network. In Hippo Wallet, we provide crypto staking through our application’s utility token, Hippo Wallet Token (HPO).
Hippo Wallet Token (HPO) is the utility token of the Hippo Wallet application. It is among the best crypto to invest in today and it is used for:
HPO Token, one of the best crypto to invest in, allows 1-month, 3-month, 6-month, and 12-month staking with 6% – 100% monthly and APY earning.
Please note that 1-month staking is available for Ethereum and BSC networks while the 3 – 12-month staking is only available in BSC Mainnet.
Though HPO Token is among the best crypto to invest in today, it is still important to always do your own research regarding decentralized staking and crypto trading in general, to maximize a token’s potential.
After all, staking entails risk and as an investor, you contribute to a token’s success.
Therefore, always determine your investments wisely; choose the best crypto to invest in—HPO Token.