About Klaymore Stakehouse Coin
Klaymore Stakehouse Coin are many CN(Consensus Node) nodes in Klaytn, and some provide delegated staking features to normal users. Users can delegate their Klay into such nodes and earn rewards. However, staking and earning rewards is not really standardized within the Klaytn ecosystem yet. For instance, some nodes provide yield-bearing tokens ensuring the ownership of the staked tokens for the delegators, but others don’t.
And each node offers a different APY. This is very confusing for the end-users and results in lower market efficiency. They believe that it is not the users’ job to understand how the delegated staking features work and track the highest yield offering nodes to optimize their staking portfolio. Klaymore Stakehouse is here for that.
Klaymore Stakehouse Coin(HOUSE) Point Table
|Coin Name||Klaymore Stakehouse Coin|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Intuitive Standardized Tokenization
Klaymore Stakehouse Coin you will receive an equivalent number of ‘aKlay’ tokens corresponding to the amount of Klay staked. If you have 150 aKlay in your wallet, you can receive 150 Klay when you unstake aKlay tokens. The number of aKlay tokens increases in real-time as the staked Klay tokens generate yield — they call this type of token a ‘yield-bearing’ token.
For instance, if you stake 100 Klay in Stakehouse for a year, it will generate 5 Klay as yield. So you receive 100 aKlay after you stake 100 Klay, but aKlay will finally become 105 aKlay after a year. Without taking any further actions, the balance will increase automatically once you stake with Klaymore Stakehouse.
HOUSE is the DAO governance token of Klaymore Stakehouse Coin. By staking HOUSE, users can participate in its decentralized operation and earn governance rewards. Keep in mind that it takes 14 days to unstake your HOUSE. Approximately 447,489 HOUSE tokens are being distributed daily as rewards. The reward allocation of each pool is – approximately – as the following table. Note that the exact number might differ each day because the HOUSE reward is released per-block basis.
Why Choose Klaymore Stakehouse Coin?
The ultimate goal of Klaymore Governance System to make the DAO the true and only owner of the Klaymore Protocol. This is not limited to fine tunings on some predefined set of parameters or mere opinion polls. Rather, the DAO will be the final decision maker of any kind of governance decision, including updates on the core protocol. In other words, from deciding protocol fee policy to adding/removing GC nodes to the Stakehouse platform or contract updates for new features, all of the decision-making will be voted on-chain and be self-enforced by smart contracts.
Where Can You Buy Klaymore Stakehouse Coin (HOUSE)?
Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On KLAYswap As It Has The Highest HOUSE/KLAY.e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include HOUSE/KLAY And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.
Klaymore Stakehouse Coin Supported Wallet
Several Browser And Mobile App Based Wallets Support Klaymore Stakehouse Coin. Here Is Example Of Wallet Which Klaymore Stakehouse Coin – Trust Wallet For Hardware Ledger Nano.
FAQ Of Klaymore Stakehouse Coin
You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – KLAYswap.
Circulating Supply Of Balancer Token Is 5,520,833.00 GEM.