What is staking and why should I stake?

Staking is a way of participating in the Ambire AdEx ecosystem, while simultaneously earning generous rewards. 

Explained in simple terms, staking is the process of locking a certain amount of ADX tokens in order to increase the trustworthiness of the validators in the platform. Validators are appointed for each side of the advertising campaign (i.e. both the advertiser and the publisher nominate a validator) and that’s a required condition for a campaign on Ambire AdEx to run. The more tokens staked, the stronger the reliability of the validator network. 

Effectively, staking allows for Ambire AdEx users to have governance over validators, thus enabling better transparency, reliability and decentralisation of the entire process. 

In order to participate in staking and get rewards, you are required to lock up a certain amount of tokens, i.e. create an ADX bond. Each bond has a minimum duration of 20 days and can only be unbonded before these 20 days have passed if you use the Rage Leave option (but you'd lose 30% of your tokens as penalty and this option is only available on the Staking portal). 

Staking is a great way of making your cryptocurrency “work” for you and bring you passive income.