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Loom Network (OLD) Staking
Loom Network (OLD) (LOOMOLD) staking data is not available on Staking Rewards. You can still convert token prices, estimate your rewards and explore reward options for similar proof-of-stake assets.
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Learn about Loom Network (OLD) Staking
What is Loom Network (OLD) (Loom Network (OLD)) Staking?
Staking Loom Network (OLD) (LOOMOLD) is where you commit LOOMOLD tokens to contribute to network security and the validation of new blocks. In return, participants or “stakers” are rewarded with additional Loom Network (OLD) tokens.
How to Stake Loom Network (OLD) (LOOMOLD)?
The best way to stake LOOMOLD is detailed in the official Loom Network (OLD) documentation.
Learn how to stake LOOMOLD
What are the rewards for staking Loom Network (OLD) (LOOMOLD)?
The reward rate of staking Loom Network (OLD) is not currently available on Staking Rewards, however, you can benchmark any potential rewards against the average reward rate across all tracked staking assets, which is %.
What are the risks when staking Loom Network (OLD) (LOOMOLD)?
Staking involves certain risks, such as potential market volatility and the risk of slashing (penalties for malicious behavior). Familiarize yourself with the risks associated with staking LOOMOLD and consider diversifying your stake.
What is the difference between LOOMOLD lending and LOOMOLD staking?
Staking LOOMOLD and lending LOOMOLD are both ways to earn a yield on your holdings. They are often confused as the same thing, even though they are very different.
When you stake a PoS asset you are directly contributing to the security of the network, in exchange you are rewarded with the network’s native token.
When you lend Loom Network (OLD) (LOOMOLD), you are essentially giving a loan of your crypto assets in return for an interest on the amount you lend.
What is the 24h Trading Volume of Loom Network (OLD) (LOOMOLD)?
Over the past 24 hours, Loom Network (OLD) (LOOMOLD) has seen a trading volume of across all available exchanges.
How has the price of LOOMOLD changed over the past 24h?
The price of Loom Network (OLD) (LOOMOLD) is currently , which represents a - decrease over the past 24 hours.
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