Dear MyCointainer Community,

‎As MyCointainer continues to innovate different staking services, we're happy to announce the integration of IOST (IOST) cold staking system. We believe that this is another step towards development and increase the quality of service, comfort, transparency, and security of your funds.

With Cold Staking, you delegate your IOST (IOST) to the MyCointainer node that stakes your coins on your behalf. Since MyCointainer node is actively staking new blocks on the IOST (IOST) Blockchain, Cold Staking offers the same network security benefits as a regular staking and therefore the same rewards.

An advantage of cold staking is you are still in control of the coins you own and your rewards will retain in your safekeeping. MyCointainer node cannot access your IOST (IOST) funds and will not have any portion of your stake rewards.

NodeID Address:

mycointaine
Explorer here.

How do I set up cold staking?

  1. Delegate your coins to our node using the address found above - insert the amount of IOST you would like to delegate. Minimum delegation - 10 000 IOST. (due to IOST delegations terms). See more information about delegation process itself.

  2. Keep coins delegated for as long as you want and earn staking rewards like any cold node/validator. No lock up time.

  3. Stake rewards earned by cold staking will show up at transaction tab at your IOST wallet. It's possible to manage them only from there.