HOPR Staking allows you to earn rewards and NFTs while respecting data privacy
The HOPR protocol provides confidentiality to network and data level for any type of data exchange. Designed to be better than TOR, the mixnet protects the identity of the sender and receiver by routing the data through multiple intermediate relay hops that mix traffic. Now the project starts staking with NFT rewards and you can earn over 18.25% APR.
The program HOPR staking
HOPR , the very first open communications mixnet incentive where users earn tokens for running nodes, launches gamified staking program. Contract is available for staking deposits from July 20 , the rewards will start to be paid from the 27July and the program will last 175 days.
The contract will be deployed on the xDAI channel and the staking token will be xHOPR. To stake and lock tokens, you can simply send xHOPR to the contract address from the address you want to stake from. The rewards will be paid in wxHOPR, the project's packaged token. The developers will also provide an interface to manage your stake, rewards and NFT boosts.
The staking contract pays 0.05% per day, which is equivalent to 18.25% APR , but you can further increase thi s APR by earning and trading NFTs. NFT boosts are primarily a way to engage the community in testing advanced parts of the HOPR protocol such as cover traffic, but developers will also post NFTs related to specific events such as experiences, games, and promotions. , and partnerships with other projects for ameNew users to HOPR.
Read full details of the HOPR staking program here .
Data privacy and decentralization
If you are not yet familiar with HOPR, it can basically be explained as a decentralized network where users can send encrypted data without exposing their data.
Nowadays more and more people are realizing of how all of our private data and data is collected, recorded, sold and potentially used against us. This has led to a massive increase in VPN services that claim to protect your privacy online - but these are centralized companies you should trust that are in fact honest and not compromised in any way. TOR is a more decisive privacy solutionentrenched, but it suffers from a lack of incentives for people to maintain the network, which means it is very slow and practically stagnant.
HOPR solves both of these problems because it is fully decentralized, transparent and offers incentives for maintaining the network in the form of digital tokens. The team of experts behind the project is known to the public and has even developed a hardware router that you can use to directly access the network.
To learn more about HOPR, visit website , and follow the community on Twitter , Telegram and Discord .
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