The next layer of utility on the IOTA network is now ready – IOTA staking! Stake your IOTA before 28th December to earn the maximum rewards. Staking rewards will be in SMR, the native token of the Shimmer network and ASMB, the native token of the Assembly network. We have tested the process and it is easy to follow.
“IOTA is introducing staking to all IOTA token holders. Stake your IOTA tokens and earn staking rewards from token airdrops. By staking your IOTA tokens you are helping to launch new token economies and in return earn rewards from the newly minted tokens of upcoming networks and applications in the IOTA ecosystem – starting with the Shimmer network.”
blog.iota.org/introducing-iota-staking/
There is no loss of tokens when your IOTA are staked, you can un-stake them and they become usable again. It’s important to understand the different types of staking as other tokens may have added risk. Always DYOR.
You will need to use the Firefly wallet, which can be downloaded here. It is available for Windows, MacOS and Linux.
Further information about the staking and the step-by-step instructions can be found here.
