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Guide to Staking Sui



What is Sui and How Does It Work?


Sui is a blockchain platform developed by Mysten Labs, officially launching its main net in May 2023. Created by former Meta engineers from the Diem project, Sui aims to tackle performance and scalability issues in existing blockchains, offering faster and more efficient transactions.

Sui operates on an object-centric model, enabling two types of transactions:

1. Simple Transactions: For actions like sending tokens, Sui processes these instantly without requiring global consensus, resulting in high throughput.

2. Complex Transactions: For shared objects like smart contracts, Sui uses consensus protocols to ensure accuracy and consistency.

Leveraging the Move programming language, Sui provides secure and efficient smart contracts, making it suitable for applications such as DeFi, gaming, and NFTs. With features like zkLogin for using Web2 credentials, Sui enhances accessibility, standing out as a strong contender for real-time applications and large-scale decentralized networks.


How to Stake SUI with KEYNODE


1. Introduction


Staking SUI is an excellent way to secure rewards while contributing to the SUI network. With KEYNODE, you have a reliable and experienced platform to make the staking process simple and secure. As one of the most trusted names in the crypto staking industry, KEYNODE offers users a seamless way to stake SUI, backed by over a decade of expertise and a global user base of over 10 million people. Let’s explore how KEYNODE can help you get started with staking SUI today.


2. KEYNODE’s SUI Staking Product Features


a. Minimum Staking Amount
To begin staking SUI on KEYNODE, the minimum required amount is $6,000. This ensures that users can start earning significant rewards while supporting the network.

b. Staking Duration and Verification
Each staking period lasts for seven days. After seven days, the system automatically releases the staked funds, providing flexibility and ease of access to your assets. This cycle allows you to plan and manage your staking effectively.

c. Frequency of Rewards
Staking rewards are credited to your account daily. For example, if you stake $6,000, you’ll earn $90 per day, totaling $630 over the seven-day period. With rewards arriving daily, you can see your earnings accumulate consistently.

Additionally, if you refer someone who stakes SUI through this service, you’ll receive a $100 referral bonus. It’s a great way to increase your earnings while helping others explore the benefits of staking on KEYNODE. Start staking and referring today to enjoy these daily profits in your account!


3. Step-by-Step Guide to Stake SUI on KEYNODE



a. Create a KEYNODE Account
To start, sign up by entering your username, email, and password. Make sure to remember your username and password, as they are crucial for accessing your account.

b. Fund Your Account
After logging in, go to the dashboard and click on the "Staking List". From there, select the "SUI" staking option.

c. Choose Payment Method
Next, select your preferred payment method. You can use USDT, BTC, ETH, LTC, or other supported currencies. Ensure the amount you input is at least $6,000, as this is the minimum required to stake SUI.

d. Start Staking
Once your payment is successfully processed, the system will automatically start staking. Your SUI staking process will begin running, with profits settled every 24 hours, allowing you to start earning rewards daily.

e. End Staking
Due to the volatility of cryptocurrency prices, this staking product has a cycle of 7 days. After the 7-day period, your $6,000 investment will be returned to your account. At this point, you can choose to reinvest by purchasing a new staking cycle or withdraw all of your funds. This flexible option allows you to adapt to market conditions and manage your investments as needed.


4. Conclusion


Staking SUI with KEYNODE is a smart choice for growing your crypto holdings while contributing to the SUI network. With a user-friendly setup, daily profit settlements, and a flexible 7-day cycle, KEYNODE ensures a secure and efficient staking experience. Take control of your investments and join the many satisfied users who trust KEYNODE for their staking needs. Start staking SUI today and enjoy the benefits of a reliable platform.