I am wondering about the financial requirement for node operators to participate in staking. Specifically, I want to know how much they need to pay to be eligible for staking.
7
answers
Caterina
Tue Feb 11 2025
To participate in staking and become a Node Operator, certain requirements must be met.
Martino
Tue Feb 11 2025
One of these requirements is the need to stake a minimum amount of SQT tokens.
CryptoElite
Tue Feb 11 2025
Currently, the minimum amount of SQT required to stake in the staking contract is 200,000 SQT.
EnchantedPulse
Tue Feb 11 2025
Staking is a process where individuals lock up their cryptocurrency to support the operations of a blockchain network.
DigitalDuke
Tue Feb 11 2025
This amount serves as a guarantee of commitment and dedication to the network.