Staking CloakCoin

Start Staking

Start Staking

CloakCoin is a privacy focused proof of stake cryptocurrency that requires running a running a wallet (node) regularly and loading it with your CloakCoin to earn interest by staking (staking is often called minting in CloakCoin). In order to maximize your earnings its best to stake continuously preferably 24/7. This is done by putting the wallet into stake mode and then letting the device run around the clock essentially labor free. To minimize the power consumption you don’t want to run a wallet on your computer. It’s more beneficial to use a dedicated device with low power consumption. On the OmniStaker you can stake CloakCoin in an energy efficient way. Read More...

Return On Investment

There is no minimum of owned coins you need to start staking CloakCoin. Anyone who owns CloakCoin can start staking. On an annual basis CloakCoin can return up to 6% of your investment. Since your interest is paid in CloakCoin the compound interest principle applies here as well. The 6% return can only be achieved with continuous staking. Want to know more about the returns of staking CloakCoin? Read More...

Return On Investment CloakCoin

Start staking CloakCoin with the OmniStaker in 5 steps

  1. 1Connect the OmniStaker to your router
  2. 2Easily access the device through your WiFi network
  3. 3Download and sync the CloakCoin wallet
  4. 4Send your coins to the wallet on the OmniStaker
  5. 5Happy Staking!

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