IoTeX platform is a privacy-centric scalable multi-blockchain infrastructure created for IoT appliances that require storage and processing of big data sets. IoTeX employs separation of powers and provides different chains for governance, orchestration, operations, etc.

IoTeX is the central token on the IoTeX platform. Initially created as an ERC-20 Ethereum-based token, it migrated to its own mainnet after its launch earlier this year. Currently, IoTeX has a daily trading volume of over $2.2 million and an over $37 million market capitalization, according to the CoinMarketCap.

IoTeX is being staked using IoTeX’s new consensus, Roll-DPoS, built upon DPoS. It allows having a firm and safe consensus and confirms huge amounts of data, usually for IoT networks, throughout multiple blockchains. The current number of delegates on the platform is 24.

From now on, Everstake offers IoTeX staking with annual yields of approximately 10%. The fee is only 5%, and all the rewards are paid out every 100 IoTeX epochs, which is around 4 days.

Staking IoTeX and other coins with Everstake means regular automatic payouts, top-notch gear, transparency, and support. If you are interested in IoTeX staking, hop on here https://everstake.one/iotex.