L
LutherKing
Guest
The Algorand network allows users to earn rewards simply by holding the $ALGO token in their wallets. Token stored in the ledger are also counted and are eligible for rewards. Therefore, users must have a minimum of 1 $ALGO in their account, and they can earn a reward with a 5%-6% APY.
The requirements are:- Ledger Nano X
- Ledger Live application installed and setup (desktop version)
- %ALGO token in your account
- With each transaction that gets received or sent it gives you an amount of the tool pool of rewarfs proportional to the amount of algo you hold in your wallet with the minimum from 1 algo only at the moment