Hello everyone,
I’m new to the Conflux ecosystem and just recently started learning about how it all works. I’ve done a little preliminary research about staking, but I’m still a bit hazy on how staking on Conflux works in practice, especially compared to other blockchains.
I see there are options for locking up CFX to earn rewards, but I’m just not sure how to get properly started, especially in a safe way. Do I need to be using a specific wallet? How long are the funds locked for? Is there a threshold of CFX I must stake?
I also want to know about the best devops tools are these staking rewards worth it for someone with like under 500 CFX? I’d love to support the network and learn more by participating somehow at the same time, but I want to understand the risk first.
If anybody could provide a simple explanation - or direct me towards beginner resources or tutorial videos related to staking rewards, that would be super helpful.
Thank you in advance to the Conflux community. Really glad to be here and learn more!
william