Learn about NXT Staking
Which network metrics do the rewards depend on?
The individual reward depends on the Daily Network Rewards (Transaction Fees spent in the NXT Network per Day) and the Total Staked %.
Every block one staker is randomly selected whereas 1 coin counts as one “lottery ticket”. The selected staker has the right to forge a new block and broadcast it to the network. He then receives the fees of all transactions successfully included in this block.
In our Staking Calculator you can play with the above mentioned metrics to understand the dynamics and create all kinds of reward scenarios.
How to stake NXT independently?
To stake NXT coins it is recommended to run the official NXT client with an entire copy of the blockchain on your Computer, a Raspberry Pi or a Virtual Private Server (VPS).
To get the highest possible rewards, please make sure to stay online 24/7 and keep the wallet unlocked for staking only.
How was NXT launched?
Nxt started in 2013 and was one of the very first ICOs ever to launch a cryptocurrency. Although the initial ICO only raised $6,000 in donations, the Nxt founders have stuck with the project. Nxt was among the first projects to code a new blockchain from scratch, not borrowing any code from Bitcoin. Its open source code is written in Java, and it was also the first blockchain to fully implement proof of stake.
Is there a risk to stake NXT?
Staking NXT is safe as long you protect your private keys. There is no risk of slashing.
While delegating NXT you keep the coins and private keys in your own wallet.
How to delegate NXT?
Delegating NXT to a Staking Pool can be done inside the official NXT client. It is not required to stay online. You have to define a delegation timeframe in the transaction and thereby refresh the delegation once the duration is expired.
What is NXT?
Nxt is an advanced open source blockchain platform that builds on the functionality of the first wave of pioneering cryptocurrencies like Bitcoin. The Nxt platform includes many core-level features, such as a Decentralized Asset Exchange, Marketplace, and Voting system, all in additional to the NXT digital currency itself.
Who is the team behind NXT?
Nxt is managed and maintained by a private company called Jelurida, which is incorporated in the netherlands.
The co-founder and director Lior Yaffe leads the international Jelurida team with the main operations out of switzerland
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NXT Staking Performance Charts
Track NXT staking over time by analyzing key performance metrics.
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NXT Staking is trending upwards this month
Over the past 30 days, there has been a net increase of NXT staked on NXT, worth - at the current market rate. During this period, the price of NXT has increased by -, with one NXT currently priced at . Today, the inflation rate of the network is undefined%, which represents an increase of NaN% over the same time frame.
NXT
Analyze NXT Staking Data
Compare the market position of NXT against other staking assets.
Change %
Change %
- 24h
- 7d
- 30d
- 90d
- 1y
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NXT Staking Over the Past 7 Days
As of today, there are undefined stakers actively staking on the network. An additional undefined NXT stakers became active over the past 7 days, representing a undefined% increase over this time period. The Staking Ratio, or percentage of NXT being staked, is currently undefined% of the total eligible circulating supply, increasing by undefined% over the past 7 days. In total, NXT is staked across the network, generating $ worth of staking rewards per year.