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Staking? Regulation? What’s the deal? We dig down into the ins-and-outs of crypto staking, regulation, and how renowned investor, entrepreneur, and innovator Bryan Legend has an answer to some hot topics in this article.
Revolutionary Technology
In recent years, crypto & blockchain have seen great leads forward in tech, providing unparalleled access to innovative technology for the everyday investor, and no aspect has had as much of an impact as staking. Staking is a revolutionary investment strategy that allows investors to earn passive income without having to buy tokens or coins.
To stake, investors deposit funds into a designated wallet address and lock those funds up for a predetermined period, usually lasting several days to weeks. During this period, investors are compensated for validating transactions and safeguarding the network against malicious actors. The amount of rewards earned depends on the quantity of funds locked up and the duration of the lockup period.
The powerful thing about staking is that rewards are typically paid out in the blockchain network’s native cryptocurrency or other tokens, providing users with a chance to earn passive income easily and securely. And with this increase in access, has come a great increase in attention and scrutiny from global regulator bodies.
There May be an Answer to Heavy Handed Regulation
The US Securities and Exchange Commission (SEC), for example, has already started taking steps to regulate crypto-related activities like staking and earning digital asset income. The extent of regulatory measures that will be implemented once the SEC imposes its ban on these activities is yet to be seen, but it is expected to heavily impact crypto markets in ways we cannot yet predict.
As the level of regulatory interference increases, In the meantime, companies like Vulcan Blockchain are pioneering innovative auto-staking solutions that provide investors with reliable, efficient, and secure alternatives to traditional staking methods. These solutions eliminate the effects of government interference, allowing investors to earn rewards without fear of sanctions, due to their decentralised nature.
This is a game-changer for crypto investors seeking to generate passive income without relying on conventional investment approaches. As the world’s first blockchain network equipped with an Auto-Staking feature which allows users to earn a yield of 44% APR simply by holding their coins in their personal wallet, without needing to stake them elsewhere, and an Auto-Rebasing mechanism, which adjusts the supply of $VUL (the native coin) every 15 minutes, Vulcan looks set to be the platform to combat heavy-handed regulatory oversight.
What’s more, the Vulcan Blockchain also offers an Auto-Compounding feature, which ensures that as a holder of $VUL, your ownership of coins increases with each epoch. The project is headed by Australian entrepreneur, Bryan Legend, who, with a slew of successful projects under his belt hopes to improve access to secure DeFi applications, with cutting-edge technology that has never been seen before, providing other projects with the opportunity to leverage its capabilities for their own benefit.
As the impact of regulation continues to pervade, and investors look for reliable solutions by trusted figures to solve the issues presented by large governmental bodies, could Vulcan be the platform people flock to in this new paradigm?
Vulcan Blockchain – vulcanblockchain.com
Bryan Legend – bryanlegend.com
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