Zhaka is excited to announce our new staking mechanism! With this new feature, Zhaka can offer more security and stability for our users.

How does it work?

Starting from now, Zhaka users can stake their ZHK tokens to earn interest. There is no minimum staking amount, and the tokens will be locked from 1 to 12 months. The longer the staking period, the higher the interest.

Interests are paid into the default wallet monthly, and the staking blocks can be automatically renewed. The user can run multiple staking blocks with different staking periods simultaneously. A new staking wallet is created automatically on the user profile when joining the staking program. The tokens remain on that wallet for the duration of the staking period. The user never loses ownership of their tokens.

More to come in the upcoming days.

We will announce a new incentive feature later this week. We feel that the community deserves more reasons to be involved. And we think that it is a great way to reward users for their contribution to the ecosystem!

As we have seen lately, the crypto market is going through a significant correction and fundamentals are being questioned again. So we are here to let you know that we stand by our product and vision and still believe in blockchain technology's future! And we believe in Cardano! So be part of the great future we are building together!