# Cryptoverse Staking

<figure><img src="/files/v9frJiTvmz8NeuhwwbPM" alt="Cryptoverse Staking"><figcaption></figcaption></figure>

## Cryptoverse Staking

Cryptoverse Staking is a process in which holders of Cryptoverse Token (Quid) volunteer to validate transactions on the blockchain in exchange for earning Cryptoverse Reward Tokens (RQuid). Holders of Cryptoverse Tokens (Quid) who choose to stake their tokens can expect an estimated annual percentage yield (APY) of approximately 24% as Cryptoverse Reward Tokens (RQuid) are designed to maintain parity with Cryptoverse Tokens (Quid). By staking their Cryptoverse Tokens, holders provide validation services that are crucial for maintaining the functionality and security of the blockchain network. In return, they receive periodic distributions of Cryptoverse Reward Tokens to recognize their valuable contributions. This staking mechanism aligns the goals of all participants and helps strengthen the long-term viability of the Cryptoverse ecosystem.

### How Cryptoverse Staking Works?

1. Earn Tokens: Earn Cryptoverse Tokens (Quid) using the FREE tools available at [Cryptoverse Hub](https://cryptoversehub.xyz/) & [GreenQuid.net.](https://greenquid.net/)
2. [Start Staking:](https://cryptoversehubstaking.app/) Start Staking Cryptoverse Tokens (Quid) in exchange for earning [Cryptoverse Reward Tokens (RQuid)](https://polygonscan.com/token/0xb1Ae0cA6D469aE7bDc6272De82cf419bBeF2D054).
3. Earn 24% APY: Cryptoverse Token (Quid) Holders who choose to stake their tokens can expect a return of approximately 24% APY.

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