• The IOTA Foundation has announced the commencement of Round 5 for MIOTA staking for Assembly tokens (ASMB).
• Users can participate in MIOTA staking through the Firefly wallet, with a three-day pre-staking period from February 8 to February 11.
• For each MIOTA token staked, users receive 0.000001 ASMB every 10 seconds over the 90-day staking period.
IOTA Staking Round 5 Starts
The IOTA Foundation has announced the commencement of Round 5 for MIOTA staking for Assembly tokens (ASMB). This round will last till May 12th and will reward users who stake their MIOTAs with 20% of ASMB’s total supply.
How To Participate In Staking
Users must install version 1.7.1 of the Firefly wallet in order to participate in this round of staking. They can then log into their profile by entering their PIN and navigate to the staking tab on the wallet. Here they will be able to track their current token rewards as well as view their balance from previous rounds of staking.
A pre-stacking period of three days is available from February 8th till February 11th during which users can stake their MIOTAs for rewards. After that, a 90 day period will start during which rewards will be distributed to those who have successfully participated in this round of staking.
For each MIOTA token that is successfully staked, users receive 0.000001 ASMB every 10 seconds over the course of 90 days. It should also be noted that all wallets need to have at least 1 ASMB before they are eligible for receiving any rewards from this round of staking.
The fifth round of IOTA’s MIOTA Stacking is now live and open for participation until May 12th, 2023! Those who wish to participate must first download version 1.7