In the world of crypto another form of getting returns is through staking. Staking is a method of participating in a proof-of-stake (PoS) system where users put their tokens on a platform to serve as a validator to the blockchain and receive rewards. It’s more of a less resource-incentive alternative to mining. Funds are held in a cryptocurrency wallet to support the security and operations of a blockchain network. Basically, you are locking cryptocurrencies to receive rewards. You can see the difference between mining and staking in the infographic chart below.
The main idea of Proof of Stake is where the participants can lock their coins or tokens (for LandOrc it’s LORC tokens) i.e., stake to get some returns as promised in the smart contract (for LandOrc).
Crypto staking has become an attractive resource for investors seeking to earn income from holding cryptocurrencies or tokens like LORC — similar to how a bond or high-dividend stock would work. The attractive APRs offered by some tokens nowadays have attracted billions of dollars to this activity and the PoS (Proof of Stake) protocol has also relieved some networks from the environmental concerns resulting from the energy-intensive nature of the traditional PoW (Proof of Work) protocol like Bitcoin mining.
There are different types of staking available out there. LandOrc provides fixed staking where a user can stake LORC tokens for a certain period of time. The rigid nature of fixed staking results in higher interest rates offered to the holder like in the case of LandOrc estimated between 15% to 20% per annum. Even to get a minimum of 15% per annum by far is far greater than the interest rates given by banks nowadays. Stake holders with LandOrc will be eligible to get their promised returns through smart contract at the end of the contractual term despite worrying about the developers defaulting in their payment.
All you have to do is buy their tokens (LORC) and stake it with them through smart contract agreements into eligible property developments (that has provided collateral to LandOrc to receive funding for the projects) across global without worrying about travelling across the border of your home and get your returns at the end of the contractual term/s. You will be eligible to get into a huge pool of investments and get your returns based on your crypto investment through LORC staking. At the time of writing LandOrc has started their private sale. You can go through the following link to purchase your LORC tokens: https://landorc.io/private-sale.html
Sources:
https://landorc.io/private-sale.html
https://capital.com/what-is-staking-in-crypto-a-closer-look-at-the-rise-of-pos
