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FAQ

What is staking?

What is Staking for $WMTX?

Staking $WMTX means locking up your tokens to support the World Mobile network. It helps secure the network and ensures smooth operation of EarthNodes. In return, you earn rewards in $WMTX.

Why Stake $WMTX?

Earn Rewards – By staking, you receive passive income in $WMTX.
Support the Network – Your stake helps secure the decentralized World Mobile infrastructure.
Participate in the Ecosystem – Stakers help validate transactions and keep the network running efficiently.

How Does Staking Work?

  • Your $WMTX never leaves your wallet—you remain in full control at all times.
  • To earn rewards, you need to hold your staked $WMTX for 30 days.
  • You can unlock or move your $WMTX anytime, but if you do so before 30 days, you won’t receive rewards for that staking period.

It’s a simple way to grow your holdings while contributing to World Mobile’s mission! 🚀

What is 8% APY $WMTX?

Staking $WMTX gives you 8% APY 📈, meaning you earn 8% in rewards per year on your staked amount.

If you stake 1,000 $WMTX at 8% APY, your rewards are earned monthly.

💰 Example Calculation:
Annual reward: 8% of 1,000 $WMTX = 80 $WMTX
Monthly reward: 80 ÷ 12 = 6.67 $WMTX per month

So, every month, you’d earn 6.67 $WMTX 🎉, and after a year, you’d have 1,080 $WMTX in total!

What is World Mobile?

World Mobile is a decentralized mobile network that aims to bring affordable internet to underserved areas using blockchain and shared infrastructure. It connects people through AirNodes, EarthNodes, and SuperNodes while rewarding participants with $WMTX or stablecoins.

Future Plans:

  • Expanding coverage worldwide 🌍
  • Scaling the decentralized network with more nodes
  • Bringing connectivity to millions without traditional telecom barriers

It’s the future of fair and open mobile networks!

Easy to understand video explaining World Mobile: Link to YouTube

What is an EarthNode?

What is an EarthNode?

An EarthNode is a crucial part of the World Mobile network, responsible for processing transactions, securing the blockchain, and providing decentralized internet services. These nodes help run the network in a sustainable, community-driven way.

EarthNodes earn rewards in $WMTX for their work, and users can stake their $WMTX to these nodes to support them and earn passive rewards in return.

Staking to a trusted and well-run EarthNode like BeamNode can maximize your $WMTX staking rewards while contributing to World Mobile’s mission!

What is an AirNode?

An AirNode is like a Wi-Fi hotspot that gives people internet. It connects to bigger computers (EarthNodes and SuperNodes) to bring the internet to places where it’s hard to get.

If someone puts an AirNode in their town, people can use the internet, and the owner gets $WMTX as a reward. It helps more people get online and stay connected!

Tickername: BeamNode.io