ONEX Staking Guide
Highlander Network bringing Proof-of-Stake "ONEX" Token to Ethereum Classic platform. ONEX is a ERC223 Token which implements the Proof-of-Stake mechanism, meaning that holders of ONEX can earn some extra tokens just by holding ONEX for a period of at least 3 days, greater than or equal to The Minimum Coin Age. ONEX smart contract has some standard functions which makes makes staking easy.
You can continue to stake every 3 to 90 days until the ONEX Token has reached its maximum total supply of 10 million ONEX Tokens. You will receive credit for every day you wait to stake, however the more often you choose to stake the more compounding will occur. You will need to spend a small amount of Ethereum Classic on GAS every time you want to Mine ONEX Tokens. This will be approximately 1 – 2 cents USD in ETC. If you transfer ONEX Tokens from your staking account without first staking you will lose the potential staking reward.
In this tutorial we are going to show you 2 different ways to mint your staked tokens. In the 2nd step you will be able to also check your coinage before mint. Let's get started:
How to get ONEX Token?
Buy ONEX on Saturn Network - Buy ONEX
ONEX Staking Guide:
Currently we recommend 2 different ways to mine tokens.
1. Sending a transaction to your own address with any amount. (See video below but don't pay attention to part 2 of the video we will discuss a better alternative down below in the second way to stake).
- You do this first by holding your tokens for at least 3 days, greater than or equal to The Minimum Coin Age. Then sending 0 ONEX to your own ONEX wallet address (to yourself).
2. Using our ONEX Staking Calculator DApp, now you can check your coinAge ONEX statistics and stake right from our Calculator. - ONEX Staking Calculator