IOST (IOST) Blockchain Project Unveils New Staking System
btcmanager.com
Each IOST token staked by a member of the IOST ecosystem entitles them to one vote. In essence, the more IOST tokens a user stakes, the more votes that user will be able to cast on the platform.
Individuals or entities interested in becoming an IOST node can simply apply and once they get up to 2.1 million votes on the platform, they’ll become an “officially elected partner node.” However, to become an IOST block producer or Servi node, an interested entity must get up to 10 million votes on the platform.
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