Okay okay okay, let's sort this:. There are different ways to earn flux. There's mining.
17 Jun 2022, 12:53
Okay okay okay, let's sort this:
There are different ways to earn flux.
There's mining. You need a mining rig at home and earn main chain FLUX and parallel assets, more Infos here:
Then there's running a node, which requires at least 1000 flux and some hardware. But you can also rent the hardware on a VPS. With that you earn main chain flux and parallel assets. More info here:
Then there's staking on CoinMetro.
Minimum is 50 FLUX. you earn main chain FLUX and your parallel assets automatically get swapped into main chain flux for you. More info here:
Then there's the airdrops.
To be eligible for the airdrop your FLUX have to be either:
- held in zelcore (parallel assets do count)
or
- locked in a node
or
- staked on CoinMetro
on the day of the snapshot (probably gonna be end of the year).
You will then get a percentage (% not announced yet, but estimated to be around 4% per parallel asset, totalling to 8%) of your FLUX holdings in two new parallel assets (FLUX tokens on other chains).
These parallel assets can be claimed by you at a later date in Zelcore (date not announced yet, usually two months after the snapshot). You can always swap all parallel assets nearly 1:1 to main chain flux in Zelcore.
When staking on CoinMetro, they will automatically claim the parallel assets for you, swap them for main chain FLUX and pay out the airdrops (minus fees) in main chain FLUX to the staking users
Welcome to the world of passive income.