Where To Invest & Earn Flow Coins For Staking 2021

1 min read

Flow is a new blockchain built for the next generation of apps, games, and the digital assets that power them.

Flow, the blockchain for open worlds

‍Flow is a fast, decentralized, and developer-friendly blockchain, designed as the foundation for a new generation of games, apps, and the digital assets that power them. It is based on a unique, multi-role architecture, and designed to scale without sharding, allowing for massive improvements in speed and throughput while preserving a developer-friendly, ACID-compliant environment.

Conceived by the team behind CryptoKitties, Flow was developed and stress-tested with top global partners and is now open for anyone to contribute to and benefit from.

Flow has the backing of some major branding from across the globe. One of the most popular is NBA top shots, UFC and much more.

“Blockchain is going to fundamentally alter the financial industry and have a major impact on consumers. Flow can create the vehicle for consumers to enter the space through products like NBA Top Shot where they have fun, but at the same time create a new self-sovereignty.”

Spencer Dinwiddie, NBA Brooklyn Nets

So you want to know how to get your hands on Flow coins and how to stake your coins. While most exchange sites do not let you stake Flow coins, Kraken allow you to on-chain stake your flow coins.

From Kraken site

FLOWH

FLOWH tokens on Kraken are Flow tokens that have been claimed on Kraken and were bought during the Community Token Sale.

They are Locked based on the following scheme:

Community sale: 50% of tokens become freely transferable after a one year cliff, the remaining 50% vest on a monthly basis over the following year (same as prelaunch VCs).

Auction: 1 year lock-up, after which fully unlocked.

FLOWH will be Staked by default. FLOWH rewards will be available as FLOW fully unlocked asset.

FLOWH cannot be withdrawn or traded during the above lock periods.

Flow

FLOW tokens on Kraken are Flow tokens that are earned through Staking or have been bought through trading. These tokens can be staked, un-staked, deposited, traded and withdrawn.

Can I withdraw the Flow tokens I have claimed to my Kraken account?

Flow tokens that are claimed on your Kraken account are subject to a holding period of one year during which they are not transferable. Only Flow tokens that are traded or earned through staking may be withdrawn.

Are there any geographic restrictions for claiming or staking Flow tokens?

Flow token claims and staking are not available to citizens or residents of the US and Canada.

With Dapper labs value always increasing, From March 2021 to October 2021 it has tripled in value. In October at $7.6 Billion and having major branding backing/investing in dapper labs and its flow coin, this makes it a sound investment for the future.

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