Today we are going to talk about staking with Lee Kohn, the Head of the security department of the staking platform, known as RSTAKING.
Staking is a method of earning passive income when users hold their coins in the Proof of Stake (PoS) algorithm and guarantee the functioning of the blockchain. Thanks to this algorithm, they have the privilege of making profits
A bank deposit is the closest comparison to staking. The only difference is that the user does not transfer assets to someone, but freezes them in his account (in a wallet, exchange or DeFi, which is a decentralized financial service).
It is essential to maintain the proper functioning of the digital currency network as staking works on the Proof-of-Stake algorithm with proof of ownership.
Skeptics ask: “Where does the money come from to pay the holders of the coins?“
They suspect that there are certain dark mechanisms in staking, similar to a financial pyramid. But as happens on top staking platforms, users receive a reward when they find a new block and a commission for confirming the transaction.
To set the record straight, the coin staking process helps ensure the high level of security of the cryptocurrency network. It is the main specialty of the PoS (Proof-of-Stake) algorithm.
In the conversation, Lee Kohn shares many details about the features of staking and how to now earn 25% a year in cryptocurrencies without any risk.
What is RSTAKING?
RSTAKING is a decentralized staking company capable of securely storing the funds and data of its users, regardless of blockades or political factors, and that aims to have the assets of all citizens under full control.
Institutional investors and cryptocurrency funds choose RSTAKING due to its unique approach to security and privacy policies.
Security and privacy are guaranteed from anywhere in the world; users need to provide 24 words to recover account, 50 ultra-secure domains with recovery function (-1+3), no KYC required, the most stable servers around the world, and the safety of users’ crypto assets.
In summary, here’s what to know about RSTAKING
- RSTAKING is a decentralized staking platform that creates your liquidity pools.
- RSTAKING’s total liquidity pool is over $1 billion.
- Users receive a fixed 25% per year on more than 200 tokens and cryptocurrencies on 9 networks.
- Rewards are received every 3 hours in USDT or BUSD tokens.
What drives users to choose RSTAKING?
It is probably due to the fact that we demonstrate an honest way of working.
In addition, we are the only staking platform that gives 25% per year on all tokens and cryptocurrencies, including stablecoins, such as Tether and BUSD.
People don’t like to wait; that’s why RSTAKING transfers rewards every 3 hours and allows users to end staking whenever they want. I am not aware of other similar staking platforms that offer the same services.
What is RSTAKING’s revenue in 2022?
This is private information, but I can say that the revenue of the company is much lower than that of the top 5 cryptocurrency exchanges. This happens due to the fact that RSTAKING provides better conditions to clients, unlike other similar platforms. We believe that RSTAKING will outperform cryptocurrency exchanges in terms of indicators, so we can wait as long as it takes.
But if we talk about the income of RSTAKING users, it is 25% per year. Everything is very stable: Service, privacy and security are guaranteed.
Will RSTAKING change people’s lives?
It already has. Anyone from anywhere in the world can open a stake. We do not cooperate with cryptocurrency regulators, so anyone can start receiving staking rewards without fear of new regulations or bans.
Is staking the only line of RSTAKING?
RSTAKING has multiple projects. Other than staking, and NFT platform, there’s RMOBILE – a mobile operator. The company plans to launch more innovative projects that will be valuable to the world by 2025.
Thank you very much for the interview, we were interested in learning more about RSTAKING and the particularities of the cryptocurrency market.
I would like to thank you for your sincere interest. Everyone can sign up for RSTAKING, receive 10 RHIN tokens for free and open personal staking.
Contacts
Lee Kohn
Papel blanco – rstaking.gitbook.io/rstaking-whitepaper
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Lee Kohn, the Head of RSTAKING Platform, recently shared his thoughts on decentralized finance (DeFi), including Web3, Staking, and Cryptocurrency.
Kohn, a leader in the blockchain space, offered some insight into how DeFi is leading to a more open, digital financial market. He believes that Web3, the underlying technology for DeFi protocols, will be the technology of choice for how digital players in the financial markets trust one another. He believes that it has the potential to transform the financial markets from an industry plagued with issues of trust to one supported by open source protocols.
Kohn also highlighted the importance of staking in the DeFi space, citing it as a key way to build trust within the financial system. Staking, or staking coins, is the process of earning interest on crypto through “locking” coins into decentralized protocols. By doing so, users are able to earn passive income on their investments. Kohn believes that staking will become an essential part of the DeFi landscape, as more people become involved in the space, as it is one of the few ways to instantly earn interest on their crypto.
Finally, the Head of RSTAKING Platform stressed the importance of cryptocurrency in the DeFi space. He believes that cryptocurrency is the only asset class that bridges traditional finance and decentralized finance—allowing for seamless digital financial transactions. He also cited a few benefits of digital assets, such as cost-efficiency, security, and privacy.
Ultimately, Kohn believes that Web3, Staking and Cryptocurrency are the driving forces behind DeFi and that these technologies offer limitless potential for the future of digital finance.
