I ran into the passive staking threads as i was looking for more ways to generate those.
While doing so, I noticed there’s no thread regarding staking on LTO Network.
Currently, I run a public node and is generating around 7% now.
As this might change; Calculations based on current network activity can be done on https://www.stakingrewards.com/asset/lto-network
LTO Network is a dutch foundation with a lot of potential, and actually already have corporate clients using their blockchain.
They launched Mainnet in January 2019 and they are running a (leased) POS protocol.
As I mentioned, they have clients using the chain, paying for the transactions with the LTO tokens.
Each transaction pays a fee to the system, but unlike Bitcoin, this fee is distributed, with 40% to the node that generates the current block, and 60% to the node of the subsequent block.
Running a Node
Regarding running a node, it’s fairly easy by running a Docker container. I’ve seen people running it on a Raspberry Pi.
Community docs for this can be found on https://docs.ltonetwork.com/public-node/mining-staking/prepare-setup-your-wallet
It’s also possible to lease to a community node, these are nodes ran by other people and will most likely take a small share of your earnings. By leasing, your coins will never leave your own wallet, but you cannot use them while leasing. Cancelling a lease can be done anytime you want.
The advantage of this, is that you won’t have to run a node yourself.
After leasing or having your coins in your wallet, it will take 1000 blocks to be ‘generating’ and eligible for staking. This is about 14 hours.
In case anyone would like to know more about it, join the telegram groups or just ask it here