How To Stake With Us
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What is an Airnode?
Airnodes are a critical component of the World Mobile Chain ecosystem, enabling secure and reliable integration of external data into smart contracts for decentralized telecommunications services. They act as an access layer between off-chain data sources and on-chain smart contracts, allowing World Mobile to provide connectivity to underserved communities using a range of telecommunications technologies, including TVWS, CBRS, FSO, and VSAT. More Information: FAQ and Support
What is an EarthNode?
Fuels the World Mobile network by processing transactions and services through an EarthNode. EartNode acts as validators of transactions and route communications traffic. Therefore, EarthNodes can be located anywhere in the world. If the EarthNode is running the telecoms module the routing of traffic within the network has a weighting towards closer nodes to improve performance and quality of services. More Information: FAQ and Support
Why would you stake?
Staking with WMT allows you to support the World Mobile Chain ecosystem, which is working to provide decentralized telecommunications services to underserved communities and remote locations. By staking your WMT, you can earn rewards for supporting the network, and gain access to a range of decentralized telecommunications services that are designed to be more affordable and accessible than traditional telecoms providers. More Information: FAQ and Support
What is staking?
Staking is a process of holding and locking up a cryptocurrency in a wallet for a specific period of time to support a blockchain network's operations and secure its transactions. In return for holding and staking the cryptocurrency, the staker earns rewards, typically in the form of more of the same cryptocurrency. Staking is an alternative to the proof-of-work consensus mechanism used by many blockchain networks, which requires miners to solve complex mathematical problems to validate transactions and earn rewards. Staking helps to reduce the energy consumption required for mining and allows for greater decentralization of the network. More Information: FAQ and Support