IOTA

IOTA is an open, feeless and scalable distributed ledger, designed to support frictionless data and value transfer. It is the first distributed ledger built for the “Internet of Everything” - a network for exchanging value and data between humans and machines.

IOTA has introduced staking where users can stake MIOTA in the Firefly wallet and earn token airdrops from different projects. Download the Firefly wallet, deposit MIOTA, start staking and opt-in for several airdrops. A three-day pre-staking period for the third round of the Assembly airdrop will start on July 26th at 15:00 pm CEST followed by a 90-day staking period, during which participating IOTA token holders will receive staking rewards.

Step-by-Step Guide:
  1. Buy MIOTA if you don’t already hold some. You can buy MIOTA from Binance.
  2. Download the Firefly wallet.
  3. Deposit MIOTA to Firefly wallet.
  4. Now start pre-staking and opt-in for Assembly airdrops.
  5. A three-day pre-staking period for the third round of the Assembly airdrop will start on July 26th at 15:00 pm CEST.
  6. Staking will start on July 29th at 15:00 and will last for 90 days.
  7. You can also begin staking at any point after reward distribution officially starts on July 29th.
  8. Rewards will be distributed at a ratio of 1 MIOTA : 0.000001 ASMB every 10 seconds (or one microASMB) for up to 90 days.
  9. Rewarded ASMB tokens will become transferable with the launch of the Assembly network.
  10. Your wallet must reach a minimum amount of 1.0 ASMB (1,000,000 microASMB) for the airdrop to be received.
  11. A total of 20% of the supply has been allotted to IOTA stakers, of which a total of 8,193,026,432 Assembly tokens were distributed to participants in the past two rounds.
  12. Further staking events will follow, until a total of 24 months has passed and the reserved 20% of all ASMB tokens have been distributed.

For more information regarding the airdrop, see this article.

Estimated Value

n/a

Tokens per Claim

n/a

Max. Participants

Unlimited

Overview


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