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BTCC / Hashtag / flexa staking
#pump token price analysis #bitcoin #buildon coin
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What is flexacoin staking?

Launching Flexacoin staking will be the largest step we’ve yet taken toward making cryptocurrency spendable everywhere, because it will open the door for any app to enable payments on the Flexa network entirely within their own ecosystem.

How does flexa work?

Rather, the Flexa network enables the entire cryptocurrency community to participate in collateralizing payments made with Flexa-enabled apps by opening up the Flexacoin staking process to everyone. Stakers don’t collateralize Flexa payments purely out of the goodness of their hearts (although the virtue doesn’t hurt).

What is flexa & AMP?

In a single sentence: by insuring against loss the Flexa network allows a merchant to accept an instant crypto transaction without forcing the customer to wait a long time. The simplest way to think about Flexa and AMP is as insurance for transactions. The merchant pays a fee to accept cryptocurrency payments via the Flexa network.

Should you stake flexacoin?

We’ve left the strategy for staking Flexacoin tokens and collateralizing Flexa payments to individual stakers themselves. Generally, the greatest network reward will come from staking Flexacoin against apps that are relatively less collateralized versus their peers and have the greatest ratio of transaction volume to collateral.

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