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Flow is a fast and decentralized blockchain designed to power an ecosystem of games and applications.
Thanks to its multi-role architecture, Flow can scale natively and power millions of dApps requests in a developer friendly environment, Flow being ACID-compliant and using its own smart contract development language called Cadence.
In a Proof-of-Stake blockchain such as Flow, staking consists of locking native tokens to earn the right to secure a chain, and to be rewarded while doing so.
With Flow staking, users lock FLOW to fund a validator, which helps secure the chain by proposing new blocks and attesting other validators’ blocks, gaining rewards for doing so.
There are different kinds of nodes on the Flow blockchain. Kiln runs a Consensus node responsible for assembling transactions and proposing blocks, similar to a “validator” on PoS or DPoS blockchains.
Staking generates one of the safest and most predictable ways to get rewarded in the crypto space. It is the most natural reward feature in crypto as the value originates from the blockchain native currency inflation and a share of transaction fees.
As an incentive for helping to safeguard the network, you can earn up to 9.7% APR* from your delegation on Kiln’s Flow validator.
(source: https://protocolstaking.info/)
Kiln is the leading enterprise-grade staking platform enabling institutional customers to stake FLOW, and to white-label FLOW’s staking functionality into their offering. Our platform is API-first and enables fully automated validators, rewards, data and commission management.
We are serving thousands of businesses worldwide so that everyone can securely and seamlessly: