Why does ICONFi support Staking?

ICONFi
2 min readJun 16, 2022

1. Contribution to Crypto Ecosystems. ICONFi keeps adding Staking coins and tokens onto the Staking menu to support easy and simple staking on various coins and tokens. ICONFi wants to be a gateway supporting many crypto and non-crypto users to experience how Crypto staking works and how it can be easily implemented with ICONFi. More staking means less circulating supply of the coins and tokens, leading to less downward pressure on the prices and more transaction volumes on the Network. All these efforts ICONFi has been making can contribute to different crypto ecosystems as a validator, growing the ICONFi self-established insurance funded by validator rewards.
ANNOUNCING: ICONFI P-REP NODE

2. One of the Proven Investment Strategies. In the relatively short history of the Crypto market, HODL has been one of the best investment strategies crypto users could take. Over the years, statistically speaking, those who HODL while receiving the staking rewards on their crypto have made the biggest profits. ICONFi hopes all ICONFi users make the best profits out of their actions — that’s why ICONFi keeps adding new coins and tokens on the ICONFi Application even though ICONFi is not taking a penny from users as fee or anything. In the meantime, with its unique “Auto-Staking” feature, ICONFi users can enjoy the same effect as receiving compound interests on Crypto Staking.
Growing your Crypto in a Bear Market

3. User-friendly operation. ICONFi curtails many stages of staking into ‘clicking just once or twice’. When users want to carry out staking by themselves, they must claim the staking rewards manually. Still the majority of Crypto users have difficulty using Decentralized wallets, sometimes they even lose their wallets. Moreover, many crypto wallets have a very complicated user interface requiring many actions on users. It would be one of the reasons blocking mass-adoption of blockchain technology and the crypto ecosystem. ICONFi provides easy steps and guides for the users, allowing them to enjoy staking rewards conveniently.
ICONFi Staking Guide

Questions?

If you have any questions or feedback, please open a ticket at #support channel on https://discord.gg/YdWsjaW8Eh.

About ICONFi

ICONFi is a digital asset savings platform that provides simple and intuitive earn products so that anyone can easily multiply crypto assets. ICONFi aims to simplify the complicated processes often associated with crypto assets and offers a sleek, straightforward user interface which supports saving, staking and airdrop activities at the palm of your hand.

Website |Discord| Medium | Twitter | Instagram | Reddit

--

--

ICONFi

A new crypto staking and earn service for the ICON community.