Earn Lotus Through Staking Lotus! - Introducing Proof of Stake (PoS)!

What is it that brings value to any economy…?

Investments.

You are effectively showing that you believe in a product when you invest in that product, be it a business or, in this case, a token. The more people that believe in said product, and invest, the more that product is able to develop and benefit those who invested in it. Whilst LOTUS might not be worth a lot now, simply selling it all off whilst it's at such a low price doesn't benefit you at all. Staking helps the entire economy. This is where Proof of Stake (PoS) comes into effect.

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What is Proof of Stake (PoS)?

PoS is a system put in place that has been developed to create rewards for those who have staked their tokens. Users are rewarded a proportional amount when tokens are staked back into the system

What is Staking and how is it done?

Staking is basically another way of saying that you are investing a certain amount of tokens back into the system. Staking can be accomplished by logging into Steem-Engine and clicking on your wallet. You will see a lock icon on the far right, in line with the token you would like to stake.

Or, you can do it through www.naturalmedicine.io and simply power up your LOTUS just like you do on any other front end such as Steemit.com or Steempeak.com.

What does this mean for LOTUScoin and how can I benefit?

LOTUScoin has enabled the PoS system for LOTUScoin via Scotbot. Five percent (5%) of the reward pool, 1800 LOTUS, equalling 90 LOTUS, will be distributed proportionally to users who have staked their LOTUS tokens. LOTUScoin operating accounts will be receiving rewards as well, but any PoS rewards will be sent to @null at the end of each month and burned to decrease circulation.

You can now earn LOTUS simply by staking your liquid LOTUS!

And that's lotussy awesome.

Oh, and if you're wondering what tags to curate? Our curators look at most of these tags and much more! Check out www.naturalmedicine.io for a full list of supported tags.

naturalmedicinehealthhealingyoga
spiritualityherbalismhomesteadinginnerblocks
veganmeditationwellnesscbd
qi gongketotai chiherbs
Thinking about writing a #naturalmedicine post this week? We have upvotes to burn and will resteem the best of you to nearly 1,000 followers! Go you! We're also resteeming on our @uplotus account, so go give that a follow too! That's the one where you'll see the LOTUS rewards.

All the curation and author rewards in LOTUS for this post will be burnt to help the ecosystem.


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@tipu curate
@giphy curate 100


A huge hug from @amico! 🤗

#sbi-skip !trdo

Upvoted 👌


Powered by witness untersatz!

Congratulations @amico, you are successfuly trended the post that shared by @naturalmedicine!
@naturalmedicine will receive 0.17730000 TRDO & @amico will get 0.11820000 TRDO curation in 3 Days from Post Created Date!

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  ·  9 months ago Reveal Comment

Congratulations @trendo.marketing, you are successfuly trended the post that shared by @naturalmedicine!
@naturalmedicine will receive 30.13315425 TRDO & @trendo.marketing will get 20.08876950 TRDO curation in 3 Days from Post Created Date!

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Congratulations @naturalmedicine! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 55000 upvotes. Your next target is to reach 60000 upvotes.

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Thanks for information, I am doing this all the time.

Upvoted and 45SP delegated. Not much but it was all I have availible.

Every little bit makes the difference... thank you ever so much that is amazing xxxx

Congratulations @trendo.marketing, 100% upvote has been shared with your successful call on the post that shared by @naturalmedicine!


Support @trendotoken projects by delegating : 100SP , 200SP , 500SP , 1000SP , 2000SP

Congratulations @naturalmedicine, your post successfully recieved 30.31045425 TRDO from below listed TRENDO callers:

@amico earned : 0.1182 TRDO curation
@trendo.marketing earned : 20.0887695 TRDO curation


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